NOT LISTED FOR SALE

Estimated Value: $4,538,000 - $6,073,420

4 Beds
4.5 Baths
2,373 Sq Ft
$2,360/Sq Ft Est. Value

Last Sold March 13, 2024

Last sale price $5,750,000 $2,423 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $34,492/month

13 Days on Market

Highlights

  • Wood Flooring
  • Separate Shower in Primary Bathroom
  • Family Room
  • Palm Beach Public School Rated A-
  • Central Heating and Cooling System

About This Home

As of March 2024

Tremendous opportunity awaits at this north of town property, 5 houses from the beach. The possibilities are endless. Build a new beach block residence; renovate the current house; or live in the current property until you are ready to design your dream home. The current home offers three bedrooms and three baths; hardwood floors. Walk to boutiques, restaurants, Publix or head right over the bridge to WPB, a superior location. This property truly offers a rare Palm Beach Island opportunity.

Last Listed By

Frank Herz

Keller Williams Realty - Welli License #3524110 Listed on: 01/19/2024

Keller Williams Realty - Welli

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,983

Year Built

  • Built in 1936

Lot Details

  • 4,992 Sq Ft Lot
  • Property is zoned RB-Low D

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Tile Roof

Interior Spaces

  • 2,373 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Proximity Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314090000090

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,983

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1936
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Wood
  • Living Area: 2373.0
  • Dining Room Type: Family Room
  • Stories: 2

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Flat, Tile

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434314090000090
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 4992.0
  • Zoning Description: RB-Low D
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 39983.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Mar 12, 2024
Sold by
Duc Nhu Holdings Inc
Bought by
Soane Family Trust and Soane
Seller's Agent
Frank Herz
Keller Williams Realty - Welli
Buyer's Agent
Frank Herz
Keller Williams Realty - Welli
List Price
$6,500,000
Sold Price
$5,750,000
Premium/Discount to List
-$750,000
-11.54%
Total Days on Market
13
Views
43
Current Estimated Value
$5,600,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$149,645
Avg. Annual Appreciation
2.86%

Purchase Details

Closed on
Jan 8, 2002
Sold by
Tien Nguyen Huu and Tibo Rene
Bought by
Duc Nhu Holdings Inc

Purchase Details

Closed on
Oct 1, 2001
Sold by
Reynal Michael Alexander
Bought by
Tien Nguyen Huu and Tibo Rene

Purchase Details

Closed on
Dec 2, 1997
Sold by
Gates Letitia and Gates John
Bought by
Reynal Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.35%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
List Price
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
Soane Family Trust $5,750,000 Galaxy Title & Escrow
Duc Nhu Holdings Inc -- --
Tien Nguyen Huu $750,000 --
Reynal Michael A $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reynal Michael A $200,000
Previous Owner Reynal Michael A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2024 03/13/24 Sold $5,750,000 -11.5% $2,423 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $6,500,000 -- $2,739 / 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 $37,737 $2,204,436 -- --
2023 $39,983 $2,004,033 $0 $0
2022 $29,938 $1,821,848 $0 $0
2021 $27,804 $1,656,225 $1,462,880 $193,345
2020 $27,508 $1,702,432 $1,500,000 $202,432
2019 $25,942 $1,594,685 $1,440,000 $154,685
2018 $23,741 $1,581,830 $1,518,475 $63,355
2017 $20,526 $1,202,524 $1,195,650 $6,874
2016 $18,988 $1,055,573 $0 $0
2015 $17,361 $959,612 $0 $0
2014 $17,570 $958,615 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10951907

BeachesMLS

APN: 50-43-43-14-09-000-0090