NOT LISTED FOR SALE

Estimated Value: $8,454,000 - $10,333,665

4 Beds
6 Baths
-- Sq Ft
6,752 Sq Ft Lot

Last Sold April 15, 2019

Last sale price $4,150,000

Est. 128% increase in value since last sale

Current estimated payment $64,925/month

34 Days on Market

Highlights

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

About This Home

As of April 2019

Ocean block townhouse. Enjoy the ultimate lifestyle in this well designed 4 BR/6BA plus powder room. Its many quality amenities include: Gated entry, Jerusalem limestone and hardwood floors, custom mahogany impact windows/doors, Wm Ohs kitchen, elevator, heated pool, 2 car garage and much more. Ocean access.

Last Agent to Sell the Property

Paulette Koch

The Corcoran Group License #3068398 Listed on: 02/13/2019

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

Edward Dukehart

Brown Harris Stevens of Palm Beach 5225 License #706498

Brown Harris Stevens of Palm Beach 5225

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $62,541

Year Built

  • Built in 2001

Lot Details

  • North Facing Home
  • Back and Front Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Fireplace
  • Dining Room
  • Library
  • Utility Room
  • Wood Flooring
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 50434322310000971

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Additional Features

  • Laundry Facilities
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$62,541

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Townhouse/Villa
  • Lot Size: 62
  • Architectural Style: Mediterranean, Two Story
  • Building Name: N/A
  • Year Built: 2001
  • Location Tax Legal:Name of Building: N/A
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 62541.0
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Pool: Yes
  • General Property Description:_pound_ Units in Complex: 2
  • General Property Description:_pound_ Floors: 2.0
  • 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): 62
  • General Property Description:Waterfrt: No
  • Exposure of Unit:North2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Laundry:Laundry in Building: Yes
  • Windows:Impact Glass - Full: Yes
  • WaterSewer:City Water: Yes
  • Windows:Impact Glass: Yes
  • ACHeat:Multi Zone Air: Yes
  • Style:Mediterranean: Yes
  • Restrictions:Homeowners Assoc: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Ice Maker, Microwave, Washer, Dryer, Central Vac System, Range - Gas
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood
  • Interior Amenities: Elevator, Fireplace
  • Stories: 2
  • Window Features: Impact Glass, Impact Glass - Full
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Ocean Access-No Deed, Fence - Back Wall, Fence - Front Wall
  • Roof: Cement Tile
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Exterior Features:Ocean Access-No Deed: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking:Garage2: Yes
  • Parking:_two_ Car2: Yes
  • Parking:Attached2: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Security System, Other Security
  • Heating: Central Air, Central Heat, Multi Zone Air
  • Heating Yn: Yes

Lot Info

  • Parcel #: 50434322310000971
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 62541.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2019
Closed on
Apr 12, 2019
Sold by
Lovino Thomas and Lovino Judith
Bought by
Flick Lawrence F and Mahloudji Maryam
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
Edward Dukehart
Brown Harris Stevens of Palm Beach 5225
List Price
$4,150,000
Sold Price
$4,150,000
Current Estimated Value
$9,454,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,304,888
Avg. Annual Appreciation
13.86%
Original Mortgage
$3,000,000
Outstanding Balance
$1,978,636
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$7,545,764

Purchase Details

Closed on
Nov 18, 2011
Sold by
Nisberg Jay N and Nisberg Sally Ann
Bought by
Iovino Thomas

Purchase Details

Closed on
Jul 3, 2009
Sold by
Nisberg Jay N and Jay N Nisberg Revocable Trust
Bought by
Nisberg Jay N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,980,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2004
Sold by
Nisberg Jay and Nisberg Sally
Bought by
Nisberg Jay N and Jay N Nisberg Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 19, 2003
Sold by
Sunset Avenue Partners Llc
Bought by
Nisberg Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
3.71%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 26, 1999
Sold by
Evangelia Kardaras Tr
Bought by
Sunset Avenue Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
7.58%
Mortgage Type
New Conventional
Source: Public Records

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
Flick Lawrence F $4,150,000 Attorney
Iovino Thomas $3,525,000 Attorney
Nisberg Jay N -- Attorney
Nisberg Jay N -- --
Nisberg Jay $3,200,000 Attorneys Title Insurance Fu
Sunset Avenue Partners Llc $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flick Lawrence F $3,000,000
Previous Owner Nisberg Jay N $1,890,000
Previous Owner Nisberg Jay N $1,980,000
Previous Owner Nisberg Jay N $2,400,000
Previous Owner Nisberg Jay $2,450,000
Previous Owner Sunset Avenue Partners Llc $980,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2019 04/15/19 Sold $4,150,000 0.0% --
03/19/2019 03/19/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $4,150,000 -- --
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 $165,688 $11,140,774 -- --
2023 $81,125 $4,041,813 $0 $0
2022 $67,509 $3,674,375 $0 $0
2021 $54,796 $3,340,341 $1,925,305 $1,415,036
2020 $54,445 $3,265,124 $1,700,000 $1,565,124
2019 $53,856 $3,162,099 $1,632,000 $1,530,099
2018 $62,542 $3,829,379 $2,277,713 $1,551,666
2017 $57,852 $3,437,969 $1,793,475 $1,644,494
2016 $60,088 $3,440,215 $0 $0
2015 $57,376 $3,127,468 $0 $0
2014 $51,692 $2,843,153 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-522

APN: 50-43-43-22-31-000-0971