$2,725,000
SOLD MAY 21, 2018
4 Beds
3 Baths
2,157 Sq Ft
0.3 Acres

Recently Sold

$1,263 Per Sq Ft

30 Days on Market

Highlights

  • Gas Heated Pool
  • Garage Apartment
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Waterfront
  • Spanish Architecture

About This Home

As of September 2020

Rare opportunity to renovate or build your dream home on this fabulous 100 x 130 sq. foot (according to PB County tax records) lot on the corner of North Ocean and Caribbean Road. Very private, walk to the best North End Beach through a path between Palm Beach estate homes. Perfect location, just south of the Inlet and Annie's Dock. Priced to Sell!

Last Agent to Sell the Property

Linda R Olsson

Linda R. Olsson Inc. License #BK432027 Listed on: 03/01/2018

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,861

Year Built

  • Built in 1939

Lot Details

  • 0.3 Acre Lot
  • Waterfront
  • East Facing Home
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned R-B - Low Density Residential, R-B - Low Density

Home Design

  • Spanish Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,157 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Single Hung Windows
  • Dining Room
  • Storage
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Garage Apartment

Pool

  • Gas Heated Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Boca Raton Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434234020000820

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,861

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: 100'
  • Subdivision Name: Boca Raton Co
  • Architectural Style: Spanish, One Story
  • Year Built: 1939
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 39861.0
  • Location Tax Legal:Tax Year2: 2017
  • General Property Description:Living Area: 2157.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 100'
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • General Property Description:Lot SqFt: 13068
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Style:One Story: Yes
  • Windows:Single Hung: Yes
  • Exposure:East: Yes
  • Roof:Barrel Tile: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Ice Maker, Instant Hot Water, Range-Gas, Oven-Single, Microwave, Washer, Dryer
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Interior Amenities: Fireplace, Smoke Detectors, Storage, Wndw Trmnts Included
  • Living Area: 2157.0
  • Window Features: Single Hung
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Instant Hot Water: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Fresh Water, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Fence-Back Wall, Sprinkler System
  • Roof: Barrel
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:Fence - Back Wall: Yes

Garage/Parking

  • Parking Features: No Garage
  • Garage:No Garage: Yes
  • Other Rooms:Garage Apartment: Yes

Utilities

  • Security: Other Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 13068.0
  • Parcel #: 50434234020000820
  • Zoning: R-B - Low Density
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 39861.0
  • Tax Year: 2017

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
Current Estimated Value
$11,382,420

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
10.53%
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

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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $14,500,000 Rabideau Klein
Warranty Deed $7,150,000 Attorney
Warranty Deed $2,725,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $10,000,000 New Conventional
Previous Owner $3,000,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
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: 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 $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

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-554

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