NOT LISTED FOR SALE

Estimated Value: $8,401,000 - $15,275,368

6 Beds
8 Baths
4,448 Sq Ft
$2,457/Sq Ft Est. Value

Sale Details

Date Sold: January 16, 2015

Last sale price $4,200,000 $944 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $68,745 / mo

560 Days on Market

Highlights

  • Gas Heated Pool
  • Mediterranean Architecture
  • Breakfast Room
  • Palm Beach Public School Rated A-
  • No HOA
  • Balcony

About This Home

As of January 2015

This renovated enchanting 6 bedroom 7 1⁄2 bath Mediterranean residence ,with a total of 5,551 sq.ft. +/ is situated on the desirable ocean block. Direct access to the sandy beaches of the Atlantic Ocean makes this the perfect setting for relaxing days at the beach. Within one block is the picturesque lake trail. This in town location makes for easy access to nearby shops and restaurants.

Last Agent to Sell the Property

Carole Koeppel

Sotheby's International Realty, Inc. License #327796 Listed on: 05/10/2013

Sotheby's International Realty, Inc.

Co-Listed By

BRETT KOEPPEL

Sotheby's International Realty, Inc. License #3198680

Last Buyer's Agent

Dana Koch

The Corcoran Group License #3027862

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,055

Year Built

  • Built in 1928

Lot Details

  • 11,761 Sq Ft Lot
  • Home has North and South Exposure
  • Sprinkler System
  • Property is zoned RB

Parking

  • 1 Car Garage

Home Design

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

Interior Spaces

  • 4,448 Sq Ft Home
  • Loggia
  • Sound System
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 8 Bathrooms

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Gas Heated Pool
  • Balcony

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ocean Park Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434314100010080

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,055

Year Built

Built in 1928

Lot Details

0.27 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Lot Size: 11,700 SQ.FT.
  • Subdivision Name: Ocean Park
  • Architectural Style: Mediterranean
  • Year Built: 1928
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 57054.63
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Living Area: 4448.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Floors:Tile: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 11,700 SQ.FT.
  • Pool:Heated - Gas: Yes
  • General Property Description:Lot SqFt: 11761
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Style:Mediterranean: Yes
  • Construction: Stucco: Yes
  • Special Features: None

Interior Features

  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Tile
  • Interior Amenities: Sound System
  • Living Area: 4448.0
  • Window Features: Other
  • Other Rooms:Dining Room: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Pool Features: Fresh Water, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: No
  • Construction Type: Stucco, Block
  • Exterior Features: Balcony, Storm Shutters, Sprinkler System
  • Roof: Barrel, Other
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Garage Spaces: 1.0

Utilities

  • Security: Smoke Detectors, Security System
  • Cooling: Multi Zone Air
  • Cooling Y N: Yes
  • Heating: Multi Zone Heat
  • Heating Yn: Yes
  • Utilities: Cable Available

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 11761.0
  • Parcel #: 50434314100010080
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 57054.63
  • Tax Year: 2012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2013
Closed on
Jan 16, 2015
Sold by
Bought by
Seller's Agent
Carole Koeppel
Sotheby's International Realty, Inc.
Buyer's Agent
Dana Koch
The Corcoran Group
List Price
$4,200,000
Sold Price
$4,200,000
Current Estimated Value
$10,927,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,727,123
Avg. Annual Appreciation
8.65%
Original Mortgage
$1,500,000
Interest Rate
0.0212%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
0.065%
Mortgage Type
Fannie Mae Freddie Mac
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,200,000 Attorney
$4,800,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,500,000
Open $2,235,000
Previous Owner $890,000
Previous Owner $2,000,000
Previous Owner $2,800,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/16/2015 01/16/15 Sold $4,200,000 0.0% $944 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
05/10/2013 05/10/13 For Sale $4,200,000 -- $944 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $110,489 $7,428,093
2024 $110,489 $6,752,812
2023 $106,660 $6,138,920 $3,820,000 $4,429,932
2022 $89,947 $5,580,836 $0 $0
2021 $83,249 $5,073,487 $3,214,000 $1,859,487
2020 $96,753 $6,437,266 $4,000,000 $2,437,266
2019 $90,464 $5,931,075 $3,840,000 $2,091,075
2018 $83,048 $5,956,835 $3,796,188 $2,160,647
2017 $72,987 $4,780,444 $2,989,124 $1,791,320
2016 $62,503 $3,623,974 $0 $0
2015 $66,048 $3,677,256 $0 $0
2014 $65,472 $3,598,449 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 13-1144

APN: 50-43-43-14-10-001-0080

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