NOT LISTED FOR SALE

Estimated Value: $8,559,000 - $16,183,099

4 Beds
8 Baths
4,541 Sq Ft
$2,724/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $17,000,000 $3,744 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $90,921/month

44 Days on Market

Highlights

  • Private Pool
  • Marble Flooring
  • Pool View
  • Palm Beach Public School Rated A-
  • Mediterranean Architecture
  • Furnished

About This Home

As of August 2021

Magnificent 4 bedroom 4.2 Bath, 6,030. Sq. Ft. Designer Furnished Custom Built Estate Quality Home. Wonderful Floor Plan for Entertaining with First Floor Master Suite, Study, Kitchen with Center Island opens to a Large Family Room and Wonderful Screened Loggia Overlooking the Spacious Yard, Wonderful Pool/Spa, with Cabana Bath and Shower.. Fabulous for Guests, the Second Floor Features 3 Lovely Ensuite Bedrooms, a Sitting Room, Wet Bar, Washer/Dryer and Large Terrace. Rare Find...''Old World Charm with Every Modern feature Imaginable'', Designed by Thomas Kirchoff, Completed in 2017 with No Detail Overlooked. Extensive Pecky Cypress Wood Work Throughout, Custom Doors and Millwork, 10 ft. Ceilings, Open Beamed Living Room Ceiling, Scored Plaster Walls, Bar, 450 Bottle Refrigerated with

Last Listed By

Linda R Olsson

Linda R. Olsson, Inc. License #432027 Listed on: 06/02/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $106,156

Year Built

  • Built in 2016

Lot Details

  • 0.3 Acre Lot
  • Sprinkler System
  • Property is zoned R-B(ci

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 4,541 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • Florida or Dining Combination
  • Den
  • Pool Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Open Patio
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Ocean Park H W Robbins Ad Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314100010100

Home Details

Home Type

Single Family

Est. Annual Taxes

$106,156

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North of Worth Ave
  • Year Built: 2016
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Elevator, Family/Dining Room, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Marble, Tile, Wood
  • Living Area: 4541.0
  • Dining Room Type: Den, Laundry, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Grill, Porch, Patio
  • View: Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, 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 #: 50434314100010100
  • Lot Size Sq Ft: 13143.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 106156.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Aug 11, 2021
Sold by
Pappas Christopher D and Pappas Susan G
Bought by
Herbst Todd and Herbst Brandie
Seller's Agent
Linda R Olsson
Linda R. Olsson, Inc.
List Price
$17,198,000
Sold Price
$17,000,000
Premium/Discount to List
-$198,000
-1.15%
Total Days on Market
44
Current Estimated Value
$12,371,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,628,950
Avg. Annual Appreciation
-8.09%
Original Mortgage
$7,000,000
Outstanding Balance
$6,433,440
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$5,937,610

Purchase Details

Listed on
Nov 8, 2012
Closed on
Jan 15, 2014
Sold by
Hyman Paul G and White John
Bought by
Pappas Christopher D and Pappas Susan G
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
Linda R Olsson
Linda R. Olsson Inc.
List Price
$2,850,000
Sold Price
$2,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.53%
Original Mortgage
$1,950,000
Interest Rate
2.68%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 10, 2010
Sold by
Hyman Paul G and Hyman Judy Fried
Bought by
Hyman Judy Fried

Purchase Details

Closed on
May 26, 1994
Sold by
Bruno Marie G
Bought by
Hyman Paul G and Hyman Judy Fried

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.46%

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
Herbst Todd $15,200,000 Attorney
Pappas Christopher D $2,850,000 Attorney
Hyman Judy Fried -- None Available
Hyman Paul G $635,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herbst Todd $3,050,000
Open Herbst Todd $7,000,000
Previous Owner Pappas Christopher D $3,300,000
Previous Owner Pappas Christopher D $4,000,000
Previous Owner Pappas Christopher D $1,950,000
Previous Owner Hyman Paul G $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $17,000,000 -1.2% $3,744 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $17,198,000 +503.4% $3,787 / Sq Ft
01/15/2014 01/15/14 Sold $2,850,000 0.0% $589 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
11/08/2012 11/08/12 For Sale $2,850,000 -- $589 / 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 $260,102 $17,517,606 -- --
2023 $307,578 $20,514,692 $0 $0
2022 $199,191 $12,843,222 $0 $0
2021 $97,011 $6,007,480 $3,622,895 $2,384,585
2020 $106,156 $6,464,969 $0 $0
2019 $105,965 $6,319,834 $3,840,000 $2,479,834
2018 $91,281 $6,044,496 $3,796,188 $2,248,308
2017 $80,807 $4,921,729 $2,989,124 $1,932,605
2016 $46,562 $2,609,553 $0 $0
2015 $42,500 $2,372,321 $0 $0
2014 $50,100 $2,751,298 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10720870

BeachesMLS

APN: 50-43-43-14-10-001-0100