1250 N Ocean Blvd Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $8,374,000 - $13,665,347
6
Beds
6
Baths
5,242
Sq Ft
$1,995/Sq Ft
Est. Value
Highlights
- 71 Feet of Waterfront
- Cabana
- No HOA
- Palm Beach Public School Rated A-
- Mediterranean Architecture
- Balcony
About This Home
As of September 2014Oceanfront 1928 Mediterranean three story estate is filled with outstanding architectural details from a bygone era and yet has been meticulously restored and renovated while maintaining the historical integrity of the home. Superbly and understatedly designed, the main house offers an oceanfront master suite complete with bath en suite and private terrace with glistening views Facing the ocean and beautifully secluded this oceanfront residence includes a private beachfront cabana and within steps to the lake trail. This 1928 Mediterranean three story estate is filled with outstanding architectural details from a by gone era and yet has been meticulously restored and renovated while maintaining the historical integrity of the home. Superbly and understatedly designed, the main house offers an oceanfront master suite complete with bath en suite and private terrace with glistening views of the ocean. Five additional guest suites, 5 and one half baths and a dramatic oceanfront third level tower suite with bath ensuite and grand terrace which overlooks the ocean and city views. A special and outstanding offering!
Last Agent to Sell the Property
Sotheby's International Realty, Inc. License #327796 Listed on: 08/12/2013
Co-Listed By
BRETT KOEPPEL
Sotheby's International Realty, Inc. License #3198680
Last Buyer's Agent
BEN STEIN
THE FITE GROUP
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $62,775
Year Built
- Built in 1928
Lot Details
- 71 Feet of Waterfront
- Ocean Front
- Northeast Facing Home
- Fenced Front Yard
- Sprinkler System
- Property is zoned RS5
Parking
- 2 Car Garage
Home Design
- Mediterranean Architecture
- Tile Roof
- "S" Clay Tile Roof
- Tile
Interior Spaces
- 5,242 Sq Ft Home
- 3-Story Property
- Sound System
- Ceiling Fan
- Fireplace
- Dining Room
- Library
- Utility Room
Kitchen
- Eat-In Kitchen
- Gas Range
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Intercom
- Hurricane or Storm Shutters
- Fire and Smoke Detector
Pool
- Cabana
- Gas Heated Pool
- Outdoor Pool
Outdoor Features
- Balcony
- Attached Grill
Utilities
- Forced Air Zoned Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Alto Lido Subdivision
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 50434303080000250
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2013
Closed on
Sep 15, 2014
Sold by
Aspetong Partners Lp and Paltron Robert W
Bought by
Beeson Marsha Cross
Seller's Agent
Carole Koeppel
Sotheby's International Realty, Inc.
Buyer's Agent
BEN STEIN
THE FITE GROUP
List Price
$7,265,000
Sold Price
$7,265,000
Total Days on Market
371
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,192,116
Avg. Annual Appreciation
3.45%
Purchase Details
Closed on
Jan 31, 2003
Sold by
North American Communications Inc
Bought by
Aspetong Partners Lp
Purchase Details
Closed on
Aug 1, 1997
Sold by
Quartararo Philip M
Bought by
North American Communications Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
7.61%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 30, 1994
Sold by
Toga Corp
Bought by
Quartararo Philip M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
7.1%
Similar Homes in Palm Beach, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Beeson Marsha Cross | $7,265,000 | Attorney | |
| Aspetong Partners Lp | $2,070,000 | -- | |
| North American Communications Inc | $1,725,000 | -- | |
| Quartararo Philip M | $1,550,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Aspetong Partners Lp | $1,300,000 | |
| Previous Owner | North American Communications Inc | $1,313,000 | |
| Previous Owner | North American Communications Inc | $1,300,000 | |
| Previous Owner | Quartararo Philip M | $1,240,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2014 09/15/14 | Sold | $7,265,000 | 0.0% | $1,386 / Sq Ft |
| 08/18/2014 08/18/14 | Pending | -- | -- | -- |
| 08/12/2013 08/12/13 | For Sale | $7,265,000 | -- | $1,386 / Sq Ft |
Source: Palm Beach Board of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $102,180 | $6,813,818 | -- | -- |
| 2023 | $100,046 | $6,615,357 | $0 | $0 |
| 2022 | $100,226 | $6,422,677 | $0 | $0 |
| 2021 | $101,968 | $6,235,609 | $0 | $0 |
| 2020 | $102,192 | $6,149,516 | $5,220,000 | $929,516 |
| 2019 | $104,158 | $6,139,112 | $0 | $0 |
| 2018 | $98,957 | $6,024,644 | $0 | $0 |
| 2017 | $99,018 | $5,900,729 | $4,989,448 | $911,281 |
| 2016 | $104,754 | $6,120,130 | $0 | $0 |
| 2015 | $108,342 | $6,077,587 | $0 | $0 |
| 2014 | $64,150 | $3,565,119 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Carole Koeppel
C
Seller's Agent in 2014
Carole Koeppel
Sotheby's International Realty, Inc.
(561) 329-0019
4 in this area
24 Total Sales
-
B
Seller Co-Listing Agent in 2014
BRETT KOEPPEL
Sotheby's International Realty, Inc.
-
B
Buyer's Agent in 2014
BEN STEIN
THE FITE GROUP
-
p
Buyer's Agent in 2014
pbb.rets.6021
pbb.rets.RETS_OFFICE
-
Benjamin Stein
B
Buyer's Agent in 2014
Benjamin Stein
Sotheby's International Realty, Inc.
(561) 955-0633
11 Total Sales
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 13-1741
APN: 50-43-43-03-08-000-0250
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