NOT LISTED FOR SALE

1556 N Ocean Blvd Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $9,133,000 - $16,157,359

4 Beds
7 Baths
4,682 Sq Ft
$2,599/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $7,150,000 $1,527 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $82,800/month

70 Days on Market

Highlights

  • New Construction
  • Private Pool
  • Formal Dining Room
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Circular Driveway

About This Home

As of September 2020

New construction 4BR/5.2BA home with library, formal dining room, and gorgeous architectural detailing throughout. Newly built by Shapiro Pertnoy Companies the home features a beautiful gourmet open concept kitchen with chef's island adjacent to the generously proportioned family room. Large pantry and butler's pantry provide ample storage with easy access to kitchen and formal dining room. The home is light and bright with floor to ceiling doors, beautiful ceiling and molding details, rich wooden flooring, intricate stone and marble work. Fantastic outdoor living spaces with large covered loggia, outdoor fireplace and pool with fountains and sun shelf. Move-in ready the home comes complete with elevator, generator, and 2 car garage. Located in prime North End location.

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 06/02/2020

Last Buyer's Agent

Robert Goodnough

Sotheby's Intl. Realty, Inc. License #3101947

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,148

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.3

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Interior Spaces

  • 4,682 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Patio

Additional Features

  • Property is zoned R-B(ci
  • Central Heating and Cooling System

Community Details

  • Boca Ratone Colet Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434234020000820

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,148

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Call LO.
  • Year Built: 2020
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, French Door(s)/Atrium Door(s), Fireplace, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 4682.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434234020000820
  • Zoning Description: R-B(ci

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 41148.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2024
Sold by
Mcguinn Martin G and Mcguinn Susan J
Bought by
Mcguinn Martin G and Mcguinn Susan J
Total Days on Market
70
Current Estimated Value
$12,168,786

Purchase Details

Closed on
Mar 7, 2022
Sold by
Lance and Kerrie
Bought by
Mcguinn Martin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2020
Closed on
Sep 10, 2020
Sold by
Pearls Of The Palm Beaches Llc
Bought by
Lance Howard and Lance Kerrie
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Robert Goodnough
Sotheby's Intl. Realty, Inc.
List Price
$7,995,000
Sold Price
$7,150,000
Premium/Discount to List
-$845,000
-10.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.90%
Original Mortgage
$3,000,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2018
Closed on
May 16, 2018
Sold by
Nazarian Fatemeh
Bought by
Pearls Of The Palm Beaches Llc
Seller's Agent
Linda R Olsson
Linda R. Olsson Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$2,725,000
Sold Price
$2,725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.83%
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
Mcguinn Martin G -- None Listed On Document
Mcguinn Martin G $14,500,000 Rabideau Klein
Lance Howard $7,150,000 Attorney
Pearls Of The Palm Beaches Llc $2,725,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcguinn Martin G $10,000,000
Previous Owner Lance Howard $3,000,000
Previous Owner Nazarian Niaz $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $7,150,000 -10.6% $1,527 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $7,995,000 +193.4% $1,708 / Sq Ft
05/21/2018 05/21/18 Sold $2,725,000 0.0% $1,263 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $2,725,000 -- $1,263 / 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 $173,890 $11,720,020 -- --
2023 $170,424 $11,378,787 $0 $0
2022 $78,885 $5,118,383 $0 $0
2021 $80,162 $4,969,065 $2,846,781 $2,122,284
2020 $44,433 $2,648,814 $2,645,297 $3,517
2019 $41,309 $2,408,332 $2,404,815 $3,517
2018 $42,253 $2,536,004 $2,404,815 $131,189
2017 $39,862 $2,338,761 $2,206,178 $132,583
2016 $40,013 $2,283,794 $0 $0
2015 $37,365 $2,076,176 $0 $0
2014 $8,786 $514,057 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christian Angle

    Seller's Agent in 2020

    Christian Angle

    Christian Angle Real Estate

    (561) 629-3015

    86 in this area

    219 Total Sales

    Christian Angle
    Section Image

  • R

    Buyer's Agent in 2020

    Robert Goodnough

    Sotheby's Intl. Realty, Inc.

    (561) 655-6881

    4 in this area

    30 Total Sales

    Robert Goodnough
    Section Image
  • Linda R Olsson

    Seller's Agent in 2018

    Linda R Olsson

    Linda R. Olsson Inc.

    (561) 820-9195

    22 in this area

    93 Total Sales

    Linda R Olsson
    Section Image

  • N

    Buyer's Agent in 2018

    NON MEMBER

    NON MEMBER FIRM

See All Agents

Map

Source: BeachesMLS

MLS Number: R10627210

BeachesMLS

APN: 50-43-42-34-02-000-0820

Florida Palm Beach County Palm Beach 33480 North End

1556 N Ocean Blvd, Palm Beach, FL

This home is located at 1556 N Ocean Blvd, Palm Beach, FL 33480 since 02 June 2020 and is currently estimated at $12,168,786, approximately $2,599 per square foot. This property was built in 2020. 1556 N Ocean Blvd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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