NOT LISTED FOR SALE

Estimated Value: $2,871,000 - $4,084,647

2 Beds
1 Bath
760 Sq Ft
$4,483/Sq Ft Est. Value

Last Sold July 02, 2012

Last sale price $500,000 $658 Per Sq Ft

Est. 581% increase in value since last sale

Current estimated payment $20,435/month

50 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • South Facing Home
  • Palm Beach Public School Rated A-
  • Trails
  • Carpet

About This Home

As of July 2012

Least expensive single family house on Palm Beach. Absolutely tremendous value. Just a few lots in from the ocean, this beach cottage will make the perfect little getaway. Great location and close to shopping, places of worship and restaurants. Built in 1925, this 2 bedroom 1 bath will need to be restored. Once complete this is sure to make a dream come true. Your canvas awaits.

Last Agent to Sell the Property

David Creps

Compass Florida LLC License #3169861 Listed on: 04/16/2012

Last Buyer's Agent

Tierney O'Hara

Sotheby's Intl. Realty, Inc. License #3087366

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,479

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 57.2 x 31
  • South Facing Home

Parking

  • On-Street Parking

Interior Spaces

  • 760 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434314120000081

Community Details

Overview

  • No Home Owners Association
  • Roots Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,479

Year Built

Built in 1925

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North County Rd to Root Trl on left
  • Year Built: 1925
  • Architectural Style: Rustic
  • Unit Levels: Multi/Split, One
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Interior Amenities: None, Tub Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Living Area: 760.0
  • Stories: 1

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Other
  • Direction Faces: South

Garage/Parking

  • Parking Features: On Street

Utilities

  • Cooling: Central Air
  • 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

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Trail(s)
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434314120000081
  • Lot Size: 57.2 x 31
  • Mobile Dim Units: Feet
  • Zoning: Resident

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 11479.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2022
Sold by
Sambol Herbert H
Bought by
Phillips Julie
Current Estimated Value
$3,407,412

Purchase Details

Closed on
May 28, 2020
Sold by
Deguzman Mckim and Deguzman Lisa
Bought by
Sambol Herbert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,005,000
Interest Rate
3.3%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 16, 2012
Closed on
Jun 27, 2012
Sold by
U S Bank National Association
Bought by
Deguzman Mckim and Deguzman Lisa
Seller's Agent
David Creps
Compass Florida LLC
Buyer's Agent
Tierney O'Hara
Sotheby's Intl. Realty, Inc.
List Price
$569,250
Sold Price
$500,000
Premium/Discount to List
-$69,250
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%

Purchase Details

Closed on
Jan 31, 2012
Sold by
Hoffmeier Margaret
Bought by
Bank Of America National Association

Purchase Details

Closed on
Apr 20, 2007
Sold by
Putsch Geraldine Ruth and Jefferys Jessica
Bought by
Hoffmeier Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
8.42%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 19, 2007
Sold by
Smith Sage Kathleen and Olaynick Diane R
Bought by
Hoffmeier Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
8.42%
Mortgage Type
Negative Amortization
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
Phillips Julie $3,200,000 --
Phillips Julie $3,200,000 None Listed On Document
Sambol Herbert H $1,250,000 Attorney
Deguzman Mckim $500,000 Buyers Title Inc
Bank Of America National Association $400,300 None Available
Hoffmeier Margaret $1,000,000 Attorney
Hoffmeier Margaret -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sambol Herbert H $1,005,000
Previous Owner Hoffmeier Margaret $800,000
Previous Owner Hoffmeier Margaret $99,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2012 07/02/12 Sold $500,000 -12.2% $658 / Sq Ft
06/02/2012 06/02/12 Pending -- -- --
04/16/2012 04/16/12 For Sale $569,250 -- $749 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $34,575 $2,367,800 -- --
2024 $34,575 $2,301,069 -- --
2023 $34,992 $2,312,275 $1,808,000 $504,275
2022 $20,973 $1,131,657 $0 $0
2021 $17,623 $1,028,779 $954,000 $74,779
2020 $16,925 $970,585 $900,000 $70,585
2019 $16,363 $916,939 $864,000 $52,939
2018 $15,655 $971,928 $949,047 $22,881
2017 $13,897 $779,968 $747,281 $32,687
2016 $12,897 $718,032 $0 $0
2015 $11,864 $652,756 $0 $0
2014 $11,828 $642,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R3274748

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-14-12-000-0081

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