NOT LISTED FOR SALE

1438 N Ocean Blvd Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $7,516,000 - $17,316,802

9 Beds
10 Baths
7,383 Sq Ft
$1,682/Sq Ft Est. Value

About This Home

Available July 1-August 21, 2020. Rented September 1, 2020-March 31, 2021.

Live like a true North End local in the completely renovated Sea Captain's house directly on the ocean and overlooking the largest, most pristine beach on the island. The nine bedrooms, two kitchens, top-of-the-line fixtures and furnishings make this the perfect Palm Beach retreat. Entertain inside or out with a luxurious dining room, multiple living spaces, terraces and various outdoor loggias, including a generous heated pool and cabana. Additional features include: the private entrance off the quiet low traffic street, indoor/outdoor fireplaces, marble bathrooms, elevator, impact glass and more. Available for annual rental--price to be determined.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2019
Sold by
Schultz Michael and Schultz Lisa
Bought by
1438 N Ocean Llc
Current Estimated Value
$12,416,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,600,000
Outstanding Balance
$4,534,097
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$7,882,304

Purchase Details

Closed on
Apr 15, 2005
Sold by
Tyner Deborah N and Doremus Theodore A
Bought by
Schultz Michael

Purchase Details

Closed on
Jun 1, 1995
Sold by
Nemec James
Bought by
Nemec James
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
1438 N Ocean Llc $11,513,500 Trident Title
Schultz Michael $5,200,000 --
Nemec James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1438 N Ocean Llc $6,600,000
Previous Owner Tyner Deborah Nemec $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2020 04/29/20 Rented $800,000 0.0% --
03/30/2020 03/30/20 Under Contract -- -- --
09/17/2019 09/17/19 For Rent $800,000 +2185.7% --
08/28/2018 08/28/18 Rented $35,000 0.0% --
07/29/2018 07/29/18 Under Contract -- -- --
08/29/2017 08/29/17 For Rent $35,000 -- --

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 $262,495 $13,529,457 -- --
2023 $257,996 $12,299,506 $0 $0
2022 $208,864 $11,181,369 $0 $0
2021 $182,375 $12,677,058 $11,160,000 $1,517,058
2020 $152,590 $9,240,801 $7,830,000 $1,410,801
2019 $177,579 $10,429,138 $9,000,000 $1,429,138
2018 $162,141 $10,179,080 $8,760,292 $1,418,788
2017 $147,191 $8,723,666 $7,300,243 $1,423,423
2016 $156,689 $9,099,898 $0 $0
2015 $158,172 $8,600,118 $0 $0
2014 $143,652 $7,818,289 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Crista Ryan

    Tina Fanjul Associates, Inc.

    (561) 313-1327

    23 in this area

    50 Total Sales

    Crista Ryan
    Section Image

  • L

    Buyer's Agent in 2020

    Lawrence A Moens

    Lawrence A. Moens Associates, Inc.

    (561) 655-5510

    46 in this area

    124 Total Sales

    Lawrence A Moens
    Section Image

  • S

    Seller's Agent in 2018

    SUZANNE FRISBIE

    The Corcoran Group

  • C

    Buyer's Agent in 2018

    Cris Condon

    Sotheby's International Realty, Inc.

    (561) 301-2211

    3 in this area

    16 Total Sales

    Cris Condon
    Section Image
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Map

Florida Palm Beach County Palm Beach 33480 North End

1438 N Ocean Blvd, Palm Beach, FL

This home is located at 1438 N Ocean Blvd, Palm Beach, FL 33480 and is currently estimated at $12,416,401, approximately $1,681 per square foot. 1438 N Ocean Blvd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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