NOT LISTED FOR SALE

162 Palmetto Ln West Palm Beach, FL 33405

South End Neighborhood

Estimated Value: $5,121,000 - $9,956,000

4 Beds
5 Baths
5,483 Sq Ft
$1,496/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $8,683,675 $1,584 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $56,926/month

139 Days on Market

Highlights

  • Private Pool
  • Garden View
  • Fireplace
  • Wood Flooring
  • Mediterranean Architecture
  • 2 Car Attached Garage

About This Home

As of October 2022

Beautiful SOSO Mediterranean Estate. This ultimate entertaining home is located steps from the Intracoastal Waterway. The 1918 estate is filled with many original Moorish architectural details throughout yet it's been updated and modernized to today's standards. The property consists of several gardens, an infinity pool, outdoor cold plunge pool, outdoor sauna and shower. The house sits on an oversized 17,424 sq. ft. lot. The outdoor covered loggia is over 1,200 sq. ft. and is ideal for entertaining. Soaring ceiling heights and several fireplaces create a magical setting that is unique to this 4 bedroom house. There is also room to expand. Additional features include: full house water filtration system, generator, impact windows and doors, 2 car garage, gym and outdoor lighting.

Last Agent to Sell the Property

Liza Pulitzer

Brown Harris Stevens of PB License #538250 Listed on: 05/02/2022

Brown Harris Stevens of PB

Co-Listed By

Whitney McGurk

Brown Harris Stevens of PB License #3336039

Last Buyer's Agent

Brooke Murphy

Compass Florida LLC License #3399869

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,402

Year Built

  • Built in 1918

Lot Details

  • 0.4 Acre Lot
  • Property is zoned SF7

Parking

  • 2 Car Attached Garage

Property Views

  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 5,483 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Fireplace
  • Family Room
  • Wood Flooring
  • Impact Glass

Kitchen

  • Built-In Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • Orchid Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434403220000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,402

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Go east off I-95 to S Olive and turn south on S Olive to Palmetto. Turn east and 162 Palmetto will be on the south side of the street
  • Year Built: 1918
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Fireplace, Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 5483.0
  • Dining Room Type: Family Room, Laundry, Storage Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • View: Garden, Pool
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: In Garage
  • 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, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434403220000100
  • Lot Size: 150.0 ft x 115 ft
  • Lot Size Sq Ft: 17424.0
  • Zoning Description: SF7
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 44402.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Oct 17, 2022
Sold by
Leidy Robert P and Ivey Day
Bought by
Dunne Michael Hammond and Dunne Patricia Eileen
Seller's Agent
Liza Pulitzer
Brown Harris Stevens of PB
Buyer's Agent
Brooke Murphy
Compass Florida LLC
List Price
$12,250,000
Sold Price
$8,683,675
Premium/Discount to List
-$3,566,325
-29.11%
Current Estimated Value
$8,205,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$478,386
Avg. Annual Appreciation
-1.90%
Original Mortgage
$5,500,000
Outstanding Balance
$4,784,291
Interest Rate
5.21%
Mortgage Type
New Conventional
Estimated Equity
$3,420,998

Purchase Details

Listed on
Feb 19, 2014
Closed on
Jun 25, 2014
Sold by
Golov Manuel and Golov Karen
Bought by
Leidy Robert P
Seller's Agent
BURTON MINKOFF
The Corcoran Group
Buyer's Agent
BURTON MINKOFF
MCCANN COYNER CLARKE
List Price
$2,388,000
Sold Price
$2,388,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.79%

Purchase Details

Closed on
May 21, 2004
Sold by
Orchid Estates West Palm Beach Lp
Bought by
Golov Manuel and Golov Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,347,300
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dunne Michael Hammond $8,683,675 --
Leidy Robert P $2,388,000 Automated Land Title Co
Golov Manuel $1,275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunne Michael Hammond $5,500,000
Previous Owner Golov Manuel $1,347,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $8,683,675 -29.1% $1,584 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $12,250,000 +413.0% $2,234 / Sq Ft
06/25/2014 06/25/14 Sold $2,388,000 0.0% $436 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $2,388,000 -- $436 / 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 $161,080 $7,903,309 -- --
2023 $157,502 $7,673,116 $1,539,789 $6,133,327
2022 $44,360 $2,133,208 $0 $0
2021 $44,402 $2,071,076 $0 $0
2020 $44,224 $2,042,481 $0 $0
2019 $43,621 $1,996,560 $0 $0
2018 $41,701 $1,959,333 $440,499 $1,518,834
2017 $46,186 $2,137,665 $0 $0
2016 $46,200 $2,093,697 $0 $0
2015 $47,148 $2,079,143 $0 $0
2014 $14,498 $656,263 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Liza Pulitzer

    Brown Harris Stevens of PB

    (561) 659-6400

    8 in this area

    57 Total Sales

    Liza Pulitzer
    Section Image

  • W

    Seller Co-Listing Agent in 2022

    Whitney McGurk

    Brown Harris Stevens of PB

    (561) 659-6400

    8 in this area

    62 Total Sales

    Whitney McGurk
    Section Image
  • Brooke Murphy

    Buyer's Agent in 2022

    Brooke Murphy

    Compass Florida LLC

    (561) 301-2128

    3 in this area

    33 Total Sales

    Brooke Murphy
    Section Image

  • B

    Seller's Agent in 2014

    BURTON MINKOFF

    The Corcoran Group

  • Burt Minkoff

    Buyer's Agent in 2014

    Burt Minkoff

    Douglas Elliman

    (561) 512-8978

    14 in this area

    63 Total Sales

    Burt Minkoff
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10796430

BeachesMLS

APN: 74-43-44-03-22-000-0100

Florida Palm Beach County West Palm Beach 33405 South End

162 Palmetto Ln, West Palm Beach, FL

This home is located at 162 Palmetto Ln, West Palm Beach, FL 33405 since 02 May 2022 and is currently estimated at $8,205,289, approximately $1,496 per square foot. This property was built in 1918. 162 Palmetto Ln is a home located in Palm Beach County with nearby schools including South Olive Elementary School, Conniston Middle School, and Forest Hill 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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