NOT LISTED FOR SALE

Estimated Value: $8,557,000 - $10,343,167

4 Beds
4.5 Baths
4,014 Sq Ft
$2,291/Sq Ft Est. Value

Last Sold May 30, 2017

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

Est. 134% increase in value since last sale

Current estimated payment $52,299/month

116 Days on Market

Highlights

  • Heated Pool
  • Wood Flooring
  • Formal Dining Room
  • Palm Beach Public School Rated A-
  • No HOA
  • Balcony

About This Home

As of May 2017

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,626

Year Built

  • Built in 1943

Lot Details

  • North Facing Home
  • Sprinkler System

Interior Spaces

  • 4,014 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Attached Carport
  • Driveway

Pool

  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Open Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater
  • Water Purifier

Community Details

  • No Home Owners Association
  • North Shore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434234080000390

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,626

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North on North Lake Way, East on Reef Road - house is on the south side of the street.
  • Year Built: 1943
  • Architectural Style: Florida
  • Carport Y N: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Bathtub, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Pantry, Sitting Area in Primary, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Water Purifier Owned, Refrigerator, Water Purifier, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Living Area: 4014.0
  • Stories: 2

Exterior Features

  • Exterior Features: Lighting, Outdoor Living Area, Outdoor Shower
  • View: Other
  • Fencing: Fenced
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Balcony, Covered, Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Attached Carport, Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Tub
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Association: No

Lot Info

  • Parcel #: 50434234080000390
  • Lot Size: 105.0 ft x 105.0 ft
  • Mobile Dim Units: Feet
  • Zoning: R-B(ci

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 39626.5

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
List Price
$4,495,000
Sold Price
$3,922,500
Premium/Discount to List
-$572,500
-12.74%
Current Estimated Value
$9,194,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,271,792
Avg. Annual Appreciation
10.37%
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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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
Closed Fowler Jordan $2,353,500
Closed Fowler Jordan $39,250
Previous Owner Fifield J Matthew $1,800,000
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 List to Sale Price per Sq Ft
05/30/2017 05/30/17 Sold $3,922,500 -12.7% $977 / Sq Ft
04/30/2017 04/30/17 Pending -- -- --
10/21/2016 10/21/16 For Sale $4,495,000 0.0% $1,120 / 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: BeachesMLS (Greater Fort Lauderdale)

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
2025 $54,661 $3,757,685 -- --
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: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10276777

BeachesMLS (Greater Fort Lauderdale)

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