NOT LISTED FOR SALE

Estimated Value: $8,488,000 - $11,140,717

4 Beds
4 Baths
4,991 Sq Ft
$1,896/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $5,200,000 $1,042 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $54,837/month

88 Days on Market

Highlights

  • Guest House
  • Outdoor Pool
  • Waterfront
  • Palm Beach Public School Rated A-
  • Garage Apartment
  • Traditional Architecture

About This Home

As of October 2020

A truly wonderful 1920's Palm Beach home walking distance to town and steps to the ocean. Large rooms with elevated ceiling heights on both the first and second levels of main and guest structures. Many new improvements include brand new barrel tile roofs and all new air conditioning units.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 06/05/2020

Last Buyer's Agent

CHRISTIAN ANGLE

Earl A. Hollis, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,891

Year Built

  • Built in 1921

Lot Details

  • Waterfront
  • South Facing Home
  • Property is zoned RB

Home Design

  • Traditional Architecture
  • Barrel Roof Shape
  • Tile

Interior Spaces

  • 4,991 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Double Hung Windows
  • Dining Room
  • Storage
  • Wood Flooring
  • Home Security System

Kitchen

  • Single Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Garage Apartment
  • Bathroom In Garage

Outdoor Features

  • Outdoor Pool
  • Patio
  • Lanai

Additional Homes

  • Guest House

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ocean Park Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434314100020281

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,891

Year Built

Built in 1921

Lot Details

10,498 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 90
  • Subdivision Name: Ocean Park
  • Architectural Style: Traditional, Two Story
  • Garage Yn: Yes
  • Year Built: 1921
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 49891.0
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Living Area: 4991.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 90
  • Floors:Hardwood: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Windows:Double Hung: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Gas, Oven-Single, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood
  • Interior Amenities: Bidet, Cable, Ceiling Fan, Fireplace, Storage, Pantry
  • Living Area: 4991.0
  • Window Features: Double Hung
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Bidet: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Hollow Tile
  • Exterior Features: Patio/Lanai, Guesthouse/Cottage
  • Roof: Barrel
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:GuesthouseCottage: Yes
  • Construction:Hollow Tile: Yes

Garage/Parking

  • Parking Features: Detached, Toilet in Garage
  • Garage Detached: Yes
  • Other Rooms:Garage Apartment: Yes
  • Garage:Toilet in Garage: 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 #: 50434314100020281
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 49891.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Oct 19, 2020
Sold by
Evans Leslie and Evans Esther
Bought by
Tikiryan Aret and Anabel Aram 2011 Trust
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
CHRISTIAN ANGLE
Earl A. Hollis, Inc.
List Price
$5,200,000
Sold Price
$5,200,000
Current Estimated Value
$9,461,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,261,429
Avg. Annual Appreciation
11.65%
Original Mortgage
$3,900,000
Outstanding Balance
$3,434,724
Interest Rate
2.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$6,026,705

Purchase Details

Closed on
May 16, 2005
Sold by
Bowers David E
Bought by
Evans Leslie and Evans Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 1994
Sold by
Beermann Edward and Beermann Mary
Bought by
Bowers David E
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
Tikiryan Aret $5,200,000 Attorney
Evans Leslie $3,000,000 --
Bowers David E $740,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tikiryan Aret $3,900,000
Previous Owner Evans Leslie $2,250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2020 10/19/20 Sold $5,200,000 0.0% $1,042 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $5,200,000 -- $1,042 / Sq Ft
Source: Palm Beach Board of REALTORS®

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
2025 $60,811 $4,169,841 -- --
2024 $60,811 $4,052,324 -- --
2023 $59,531 $3,934,295 $0 $0
2022 $59,623 $3,819,704 $0 $0
2021 $60,640 $3,708,450 $2,921,175 $787,275
2020 $59,035 $3,015,712 $0 $0
2019 $50,085 $2,947,910 $0 $0
2018 $47,595 $2,892,944 $0 $0
2017 $47,610 $2,833,442 $0 $0
2016 $47,390 $2,775,164 $0 $0
2015 $49,004 $2,755,873 $0 $0
2014 $49,243 $2,734,001 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-924

APN: 50-43-43-14-10-002-0281

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