NOT LISTED FOR SALE

13886 Chester Bay Ln North Palm Beach, FL 33408

Estimated Value: $5,966,000 - $6,875,000

5 Beds
5 Baths
4,817 Sq Ft
$1,303/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $5,900,000 $1,225 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $42,393/month

241 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Private Pool
  • William T. Dwyer High School Rated A-
  • Gated with Attendant
  • Waterfront

About This Home

As of February 2023

Stunning Coastal Estate on the Waterfront with Private Dock and a potentially adaptable Lift! Chic and elegant, this home was professionally designed and finished in the style of Coastal Luxury. Located in the highly coveted community of Frenchman's Harbor, this spacious floor plan boasts 5 bedrooms, a den and 5 bathrooms with over 4800 square feet under air. Situated on a serene canal just off the Intracoastal with over 70 feet of water frontage, easy ocean access, no fixed bridges and a private 45 foot dock. The oversized backyard is ideal for enjoying the ultimate Florida lifestyle, with upgraded landscaping, a saltwater pool/spa, and outdoor lanai with summer kitchen that makes entertaining a breeze.

Last Agent to Sell the Property

Ann Cusa

Douglas Elliman (Jupiter) License #3021727 Listed on: 06/27/2022

Douglas Elliman (Jupiter)

Last Buyer's Agent

Dory Faxon

Compass Florida LLC License #3325316

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,532

Year Built

  • Built in 2014

Lot Details

  • 0.26 Acre Lot
  • Waterfront
  • Fenced
  • Sprinkler System
  • Property is zoned PUD

HOA Fees

  • $866 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 4,817 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Loft
  • Wood Flooring
  • Canal Views
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Private Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00434129330000160

Community Details

Overview

  • Association fees include common areas, sewer, trash
  • Built by Toll Brothers
  • Frenchmans Harbour Subdivision, Ternbridge Floorplan

Recreation

  • Boat Ramp
  • Boating

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,532

Year Built

Built in 2014

Lot Details

0

HOA Fees

$866 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Frenchman's Harbor is in N. Palm Beach. Take Donald Ross East & make a right on Ellison Wilson Road. Continue .01 mile & turn right into Frenchman's Harbor. Follow Chester Bay Lane, house is on right.
  • Year Built: 2014
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Jetted Tub, Pantry, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), Loft
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Flooring: Wood
  • Living Area: 4817.0
  • Dining Room Type: Den, Laundry, Loft
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio
  • View: Canal
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Builder Name: Toll Brothers
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 866.0
  • Community Features: Boat Facilities, Gated, Street Lights, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Sewer, Trash

Lot Info

  • Parcel #: 00434129330000160
  • Lot Size: 1/4 to 1/2 Acre,East of
  • Lot Size Sq Ft: 11278.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 35532.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Feb 24, 2023
Sold by
Spellman Michael and Spellman Carolyn
Bought by
Paul J Salem Trust
Seller's Agent
Ann Cusa
Douglas Elliman (Jupiter)
Buyer's Agent
Dory Faxon
Compass Florida LLC
List Price
$7,288,000
Sold Price
$5,900,000
Premium/Discount to List
-$1,388,000
-19.05%
Views
7
Current Estimated Value
$6,397,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,306
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Oct 7, 2014
Sold by
Toll Fl V Limited Partnership
Bought by
Spellman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Sold Price
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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
Paul J Salem Trust $5,900,000 --
Spellman Michael $2,493,298 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spellman Michael F $1,290,000
Previous Owner Spellman Michael $500,000
Previous Owner Spellman Michael $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $5,900,000 -19.0% $1,225 / Sq Ft
06/27/2022 06/27/22 For Sale $7,288,000 -- $1,513 / 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 $80,043 $4,826,070 -- --
2023 $35,816 $2,143,947 $0 $0
2022 $35,652 $2,081,502 $0 $0
2021 $35,532 $2,020,876 $0 $0
2020 $35,366 $1,992,974 $0 $0
2019 $35,001 $1,948,166 $0 $0
2018 $33,061 $1,911,841 $0 $0
2017 $32,807 $1,872,518 $0 $0
2016 $32,997 $1,834,004 $0 $0
2015 $36,892 $1,982,595 $0 $0
2014 $8,492 $363,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10812011

BeachesMLS

APN: 00-43-41-29-33-000-0160