NOT LISTED FOR SALE

Estimated Value: $9,392,000 - $19,811,106

5 Beds
5 Baths
5,646 Sq Ft
$2,586/Sq Ft Est. Value

Last Sold July 09, 2019

Last sale price $12,227,000 $2,166 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $93,269/month

178 Days on Market

Highlights

  • Ocean Front
  • Pool and Spa
  • Regency Architecture
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Lanai

About This Home

As of July 2019

This north end waterfront home is a classic example of an ''elegant beach house.'' Beautiful ocean vistas from very spacious rooms with elevated ceilings which create great volume. Four plus bedrooms with six and two half baths built around a very private pool area. Outstanding direct oceanfront parcel with large cabana and bath.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 10/02/2018

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 10/02/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $149,875

Year Built

  • Built in 1991

Lot Details

  • Ocean Front
  • East Facing Home
  • Property is zoned RB

Parking

  • 2 Car Attached Garage

Home Design

  • Regency Architecture
  • Tar and Gravel Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,646 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Single Hung Windows
  • Dining Room
  • Wood Flooring

Kitchen

  • Double Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Pool and Spa
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • Mcintosh Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303050000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$149,875

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 176
  • Subdivision Name: McIntosh Homes
  • Architectural Style: Regency, One Story
  • Year Built: 1991
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 149875.0
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 5646.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 176
  • Floors:Hardwood: Yes
  • Roof:Tar Gravel: Yes
  • WaterSewer:Sewer: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Style:One Story: Yes
  • Windows:Single Hung: Yes
  • Windows:Impact Glass: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Style:Regency: Yes
  • Waterfront:Ocean-Across Street: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Electric, Oven-Double, Washer, Dryer
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Hardwood
  • Interior Amenities: Fireplace, Smoke Detectors
  • Living Area: 5646.0
  • Window Features: Single Hung, Impact Glass
  • Other Rooms:Dining Room: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre
  • Pool Features: Pool, Spa
  • Pool Private: Yes
  • Waterfront Features: Ocean-Across Street
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Ocean Access-Deeded, Storm Shutters
  • Roof: Tar/Gravel
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Storm Shutters: Yes
  • Pool/Spa: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached
  • Garage: Yes
  • Garage:_two_ Car: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434303050000010
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 149875.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2018
Closed on
Jul 2, 2019
Sold by
Gannon J Timothy and Gannon John Timothy
Bought by
Austin Laurence and Austin Molly
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$12,227,000
Sold Price
$12,227,000
Total Days on Market
178
Current Estimated Value
$14,601,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,374,553
Avg. Annual Appreciation
2.45%

Purchase Details

Closed on
Mar 2, 2011
Sold by
Tannenbaum Michael D and Von Falkenberg Wolfgang
Bought by
Gannon J Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 1997
Sold by
Sousa Patricia
Bought by
Vonfalkenberg T Wolfgang H

Purchase Details

Closed on
May 30, 1997
Sold by
Sousa Patricia
Bought by
Vonfalkenberg T Wolfgang H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
8.18%

Purchase Details

Closed on
Dec 28, 1994
Sold by
Sousa Leonard R and Sousa Patricia
Bought by
Sousa Patricia
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Austin Laurence $12,227,000 Attorney
Gannon J Timothy $5,500,000 Attorney
Vonfalkenberg T Wolfgang H $450,000 --
Vonfalkenberg T Wolfgang H $2,100,000 --
Sousa Patricia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austin Laurence $2,000,000
Previous Owner Gannon J Timothy $2,520,000
Previous Owner Gannon J Timothy $2,500,000
Previous Owner Vonfalkenberg T Wolfgang H $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2019 07/09/19 Sold $12,227,000 0.0% $2,166 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
10/02/2018 10/02/18 For Sale $12,227,000 -- $2,166 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $135,630 $9,046,429 -- --
2023 $132,814 $8,782,941 $0 $0
2022 $133,062 $8,527,127 $0 $0
2021 $135,369 $8,278,764 $0 $0
2020 $135,674 $8,164,462 $0 $0
2019 $151,397 $8,889,479 $7,000,000 $1,889,479
2018 $149,875 $9,093,817 $7,300,243 $1,793,574
2017 $105,286 $6,262,390 $0 $0
2016 $104,985 $6,133,585 $0 $0
2015 $108,581 $6,090,948 $0 $0
2014 $109,106 $6,042,607 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-1880

APN: 50-43-43-03-05-000-0010