$1,825,000
SOLD FEB 14, 2020
4 Beds
3.5 Baths
3,400 Sq Ft
1.56 Acres

Recently Sold

$537 Per Sq Ft

39% Below List Price

421 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • 68,030 Sq Ft lot
  • Closet Cabinetry
  • Private Pool
  • Den
  • Bar

About This Home

As of February 2020

This tropical paradise is set along the wide Intracoastal on a quiet waterfront street and a short drive to both Palm Beach and Downtown Lake Worth, restaurants and cultural centers. Originally the site of a Historic Lake Worth Estate, the lush grounds are graced by a 60 foot pool and a private 81 foot wide sugar sand beach with spectacular waterviews. 600 feet of riparian rights permit deep water dockage with no fixed bridges allowing easy Ocean access. This custom Mizner-inspired home was built in 2000 to offer old world charm with today's modern conveniences including 12 and 14 foot ceilings, French doors, and hurricane impact glass th. sound system through out furniture negotiable

Last Agent to Sell the Property

Joan Wenzel

Douglas Elliman License #597469 Listed on: 11/19/2018

Douglas Elliman

Co-Listed By

Pamela Gottfried

Douglas Elliman License #0373953

Last Buyer's Agent

James Esposito

Galleria International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,054

Year Built

  • Built in 2001

Lot Details

  • 1.56 Acre Lot
  • Property fronts an intracoastal waterway
  • Property is zoned SF-7(c

Parking

  • 2 Car Garage
  • Garage Door Opener

Interior Spaces

  • 3,400 Sq Ft Home
  • 1-Story Property
  • Bar
  • Entrance Foyer
  • Den
  • Clay Flooring
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry

Laundry

  • Laundry Room
  • Laundry Tub

Pool

  • Private Pool

Utilities

  • Zoned Heating and Cooling
  • Reverse Cycle Heating System
  • Heat Pump System
  • Underground Utilities

Community Details

  • Lake Worth Town Of Add 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434427010690051

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,054

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South of Lake Worth bridge along the intracoastal
  • Year Built: 2001
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Entrance Foyer, Kitchen Island, Pantry, Bar
  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Clay
  • Living Area: 3400.0
  • Dining Room Type: Den, Laundry
  • Stories: 1

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Cooling: Electric, Reverse Cycle, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 38434427010690051
  • Lot Size Sq Ft: 68030.0
  • Zoning Description: SF-7(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 18054.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2025
Sold by
Kessel Elizabeth M and Kessel Robert K
Bought by
Kessel Community Property Trust and Kessel
Current Estimated Value
$3,028,563

Purchase Details

Listed on
Apr 12, 2019
Closed on
Feb 14, 2020
Sold by
Welntz Thomas Todd and Welntz Sharon Queeny
Bought by
Kessel Elizabeth M and Kessel Robert K
Seller's Agent
Joan Wenzel
Douglas Elliman
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$1,825,000
Sold Price
$1,825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$1,225,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 19, 1999
Sold by
Irvin R Shupack Tr
Bought by
Weintz Thomas T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
7.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 15, 1997
Sold by
Rochelle Ross and Rochelle Gordy
Bought by
Shupack Irvin R

Purchase Details

Closed on
Mar 29, 1996
Sold by
Hogan Robert N and Hogan Suzanne S
Bought by
Gordy Ross F

Purchase Details

Closed on
May 27, 1994
Sold by
Decoursey Shirley N and Decoursey Earl C
Bought by
Hogan Robert N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
8.46%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $1,825,000 Attorney
Warranty Deed $319,000 --
Quit Claim Deed $100 --
Warranty Deed $175,000 --
Warranty Deed $127,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 New Conventional
Previous Owner $1,225,000 Future Advance Clause Open End Mortgage
Previous Owner $115,000 Unknown
Previous Owner $505,000 Unknown
Previous Owner $670,000 New Conventional
Previous Owner $750,000 Fannie Mae Freddie Mac
Previous Owner $450,000 Credit Line Revolving
Previous Owner $650,000 Credit Line Revolving
Previous Owner $650,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $650,000 New Conventional
Previous Owner $93,000 Credit Line Revolving
Previous Owner $95,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $1,825,000 0.0% $537 / Sq Ft
02/14/2020 02/14/20 Sold $1,825,000 0.0% $537 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
12/04/2019 12/04/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $1,825,000 -39.1% $537 / Sq Ft
11/19/2018 11/19/18 For Sale $2,999,000 -- $882 / Sq Ft
Source: BeachesMLS

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 $48,292 $2,198,509 -- --
2023 $47,116 $2,134,475 $0 $0
2022 $46,525 $2,072,306 $0 $0
2021 $37,684 $1,589,583 $957,590 $631,993
2020 $19,616 $854,085 $0 $0
2019 $19,324 $834,883 $0 $0
2018 $18,539 $819,316 $0 $0
2017 $18,086 $802,464 $0 $0
2016 $17,497 $785,469 $0 $0
2015 $17,827 $780,009 $0 $0
2014 $17,835 $773,818 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10482354

BeachesMLS

APN: 38-43-44-27-01-069-0051