NOT LISTED FOR SALE

Estimated Value: $7,729,000 - $10,198,716

4 Beds
4 Baths
4,014 Sq Ft
$2,231/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $3,922,500 $977 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $54,829/month

117 Days on Market

Highlights

  • Property has ocean access
  • Gas Heated Pool
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Waterfront
  • Lanai

About This Home

As of May 2017

Exceptional north-end opportunity. Completely renovated two-story John Volk home features: designer kitchen, updated bathrooms and pantry. Beautiful hard wood floors throughout. Spacious formal dining room overlooking pool, covered loggia surrounded by lush gardens. Deeded beach cabana access.

Last Agent to Sell the Property

STEVE HALL

HALL REAL ESTATE Listed on: 10/21/2016

Last Buyer's Agent

Heather Woolems

Sotheby's International Realty, Inc. License #701755

Sotheby's International Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,627

Year Built

  • Built in 1943

Lot Details

  • Waterfront
  • North Facing Home
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned R-B - Low Density Residential, R-B - Low Density

Parking

  • Carport

Home Design

  • Wood Shingle Roof
  • Wood Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,014 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Dining Room
  • Library
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Single Convection Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • North Shore Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434234080000390

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,627

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 105
  • Subdivision Name: North Shore Add
  • Directions: North on North Lake Way, East on Reef Road - house is on the south side of street.
  • Architectural Style: Two Story, Other Style
  • Year Built: 1943
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 39626.51
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Living Area: 4014.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 105
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Style:Two Story: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Windows:Impact Glass: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Roof:Wood Shingle: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Gas, Oven-Single, Oven-Convection, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, W/W Carpeting
  • Interior Amenities: Ceiling Fan, Fireplace, Sound System, Smoke Detectors, Storage, Wet Bar, Pantry
  • Living Area: 4014.0
  • Window Features: Impact Glass
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Ocean Access-Deeded, Sprinkler System
  • Roof: Wood
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes

Garage/Parking

  • Parking Features: Carport
  • Garage/Carport Description: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434234080000390
  • Zoning: R-B - Low Density

Tax Info

  • Tax Annual Amount: 39626.51
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2016
Closed on
May 25, 2017
Sold by
Fifield Matthew J and Norwood Elizabeth P
Bought by
Fowler Jordan and Fowler Melanie
Seller's Agent
STEVE HALL
HALL REAL ESTATE
Buyer's Agent
Heather Woolems
Sotheby's International Realty, Inc.
List Price
$3,922,500
Sold Price
$3,922,500
Total Days on Market
117
Current Estimated Value
$8,955,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,033,429
Avg. Annual Appreciation
10.74%
Original Mortgage
$2,353,500
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 22, 2007
Sold by
Rednum Investments Lp
Bought by
Fifield J Matthew and Norwood Elizabeth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2005
Sold by
Gregory C Stuart and Gregory Kingsley D
Bought by
Rednum Investments Lp

Purchase Details

Closed on
Jun 25, 2002
Sold by
Elan
Bought by
Gregory C Stuart and Gregory Kingsley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,067,500
Interest Rate
5.75%

Purchase Details

Closed on
Sep 14, 1998
Sold by
Quick Patricia
Bought by
Elan X and Oracle X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 1994
Sold by
Pollack Paul J
Bought by
Pollack Patricia Quick
Source: Public Records

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Range of Values:

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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
Fowler Jordan $3,922,500 Attorney
Fifield J Matthew $2,810,000 None Available
Rednum Investments Lp $2,350,000 --
Gregory C Stuart $1,525,000 --
Elan X $1,100,000 --
Pollack Patricia Quick $223,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowler Jordan $2,494,128
Open Fowler Jordan $7,350,000
Closed Fowler Jordan $8,216,250
Closed Fowler Jordan $2,043,710
Closed Fowler Jordan $1,014,270
Closed Fowler Jordan $2,768,000
Closed Fowler Jordan $2,353,500
Closed Fowler Jordan $39,250
Previous Owner Fifield J Matthew $1,500,000
Previous Owner Fifield J Matthew $1,527,000
Previous Owner Fifield J Matthew $1,800,000
Previous Owner Gregory C Stuart $250,000
Previous Owner Gregory C Stuart $1,067,500
Previous Owner Elan X $500,000
Previous Owner Elan X $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2017 05/30/17 Sold $3,922,500 0.0% $977 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
10/21/2016 10/21/16 For Sale $3,922,500 0.0% $977 / Sq Ft
10/23/2015 10/23/15 Rented $180,000 0.0% --
09/23/2015 09/23/15 Under Contract -- -- --
09/14/2015 09/14/15 For Rent $180,000 +1400.0% --
08/06/2014 08/06/14 Rented $12,000 0.0% --
07/07/2014 07/07/14 Under Contract -- -- --
04/07/2014 04/07/14 For Rent $12,000 +20.0% --
04/23/2013 04/23/13 Rented $10,000 0.0% --
03/24/2013 03/24/13 Under Contract -- -- --
12/03/2012 12/03/12 For Rent $10,000 -- --
Source: Palm Beach Board of REALTORS®

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 $54,661 $3,651,783 -- --
2023 $53,505 $3,545,420 $0 $0
2022 $53,589 $3,442,155 $0 $0
2021 $54,515 $3,341,898 $0 $0
2020 $54,627 $3,295,757 $2,243,384 $1,052,373
2019 $55,097 $3,255,840 $2,039,440 $1,216,400
2018 $53,131 $3,203,465 $2,039,440 $1,164,025
2017 $43,328 $2,671,860 $1,951,018 $720,842
2016 $41,791 $2,237,571 $0 $0
2015 $39,627 $2,034,155 $0 $0
2014 $35,902 $1,849,232 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-2242

APN: 50-43-42-34-08-000-0390