NOT LISTED FOR SALE

Estimated Value: $10,708,147

0.45 Acre
$23,920,353 Price per Acre
19,500 Sq Ft Lot

Last Sold January 29, 2021

Last sale price $7,025,000 $1,233 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $73,109/month

74 Days on Market

About This Lot

As of January 2021

Fantastic opportunity to build your Palm Beach dream home on this 100' x 195' +/- In-Town lot. Ideally located on the Ocean Block of Dunbar Road, just a few homes from the beach. Property is in close proximity to shopping, restaurants, and the Lake Trail.

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 10/16/2020

Last Buyer's Agent

Linda R Olsson

Linda R. Olsson, Inc. License #432027

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $69,616

Year Built

  • 1957

Lot Details

  • 0.45 Acre Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned R-B(ci

Community Details

  • Adams Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314070000410

Property Details

Property Type

Land

Est. Annual Taxes

$69,616

Year Built

1957

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Call LO
  • Special Features: VirtualTour
  • Year Built: 1957

Exterior Features

  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Parcel #: 50434314070000410
  • Development Status: Site Plan Filed
  • Lot Size Sq Ft: 19500.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 69616.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Jan 29, 2021
Sold by
Holzer Ashley and Emma Jane Holzer 2012 Dynasty
Bought by
Pappas Susan G and Susan G Pappas Revocable Trust
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Linda R Olsson
Linda R. Olsson, Inc.
List Price
$8,495,000
Sold Price
$7,025,000
Premium/Discount to List
-$1,470,000
-17.3%
Total Days on Market
74
Current Estimated Value
$10,708,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,683,147
Avg. Annual Appreciation
10.18%

Purchase Details

Closed on
Dec 31, 2012
Sold by
Holzer Jane B
Bought by
Holzer Ashley and Ian Harrison Holzer 2012 Dynasty Trust

Purchase Details

Closed on
Dec 2, 1997
Sold by
Jane B Holzer Tr & Pr and Richard Brukenfeld Tr & Pr
Bought by
Holzer Jane B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.35%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Average Value
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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
Pappas Susan G $7,550,000 Attorney
Holzer Ashley $764,400 Attorney
Holzer Ashley $764,400 Attorney
Holzer Jane B $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Susan G Pappas Revocable Trust $10,000,000
Previous Owner Holzer Jane B $3,500,000
Previous Owner Holzer Jane B $3,120,000
Previous Owner Holzer Jane B $2,000,000
Previous Owner Holzer Jane B $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $7,025,000 -17.3% $1,233 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $8,495,000 -- $1,491 / 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 $155,993 $9,165,750 -- --
2023 $136,667 $8,332,500 $0 $0
2022 $117,375 $7,575,000 $0 $0
2021 $72,888 $4,614,270 $0 $0
2020 $70,280 $4,214,704 $0 $0
2019 $69,887 $4,104,530 $3,910,725 $193,805
2018 $72,832 $4,555,714 $0 $0
2017 $68,736 $4,082,719 $0 $0
2016 $71,413 $4,181,719 $0 $0
2015 $72,329 $4,067,343 $0 $0
2014 $71,141 $3,950,386 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10663998

BeachesMLS

APN: 50-43-43-14-07-000-0410