NOT LISTED FOR SALE

167 Seagate Rd Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $8,015,000 - $15,217,969

0.31 Acre
$33,088,684 Price per Acre
13,504 Sq Ft Lot

Last Sold February 17, 2015

Last sale price $2,600,000 $837 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $63,808/month

183 Days on Market

Highlights

  • Beach Front
  • Palm Beach Public School Rated A-
  • Paved or Partially Paved Lot

About This Lot

As of February 2015

Great opportunity to build your dream home on this oversized lot on the beautiful North End of Palm Beach. This rare lot is approximately 13,400 sq ft +/- and can accommodate a home over 5,000 square feet. Great location with shared beachfront cabana, Lake Trail access and across from the Sailfish Club.

Last Agent to Sell the Property

Paula Mikus

The Corcoran Group License #3277786 Listed on: 07/18/2014

Last Buyer's Agent

PAT McINERNEY

Brown Harris Stevens of PB License #569864

Brown Harris Stevens of PB

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,588

Year Built

  • 1957

Lot Details

  • 0.31 Acre Lot
  • Beach Front
  • South Facing Home
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned RB

Community Details

  • North Shore Add To P B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434234080000140

Property Details

Property Type

Land

Est. Annual Taxes

$23,588

Year Built

1957

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North on N. Lake Way right on Seagate Road
  • Special Features: None
  • Year Built: 1957

Exterior Features

  • Lot Features: Beach Front
  • Road Surface Type: Paved
  • Waterfront: No
  • Direction Faces: South

Lot Info

  • Parcel #: 50434234080000140
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.31
  • Zoning Description: RB

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 23588.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2014
Closed on
Feb 17, 2015
Sold by
Thomsen Mads
Bought by
Merck Adele S and 167 Seagate Road Trust
Seller's Agent
Paula Mikus
The Corcoran Group
Buyer's Agent
PAT McINERNEY
Brown Harris Stevens of PB
List Price
$2,700,000
Sold Price
$2,600,000
Premium/Discount to List
-$100,000
-3.7%
Total Days on Market
183
Current Estimated Value
$10,257,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,657,492
Avg. Annual Appreciation
13.47%

Purchase Details

Listed on
Aug 22, 2013
Closed on
Feb 3, 2014
Sold by
Derrin Scott
Bought by
Thomsen Mads
Seller's Agent
Elizabeth Cleckner
The Corcoran Group
Buyer's Agent
THOR BROWN
BARCLAYS INTERNATIONAL REALTY
List Price
$1,685,000
Sold Price
$1,685,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.00%

Purchase Details

Closed on
Jun 22, 2004
Sold by
Kapila Soneet R
Bought by
Derrin Scott and Derrin Michelle Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 11, 2002
Sold by
Laura Andre Inc
Bought by
Wln Family Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
12.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 22, 2002
Sold by
Laura Andre Inc
Bought by
Wln Family Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
12.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 14, 2000
Sold by
Daniel P Ristuccia Tr
Bought by
Laura Andre Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
8.11%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Merck Adele S $2,600,000 Attorney
Thomsen Mads $1,685,000 Standard Title Insurance Age
Derrin Scott -- Standard Title Insurance Age
Derrin Scott $1,300,000 Standard Title Ins Agency In
Wln Family Ltd Partnership -- --
Wln Family Ltd Partnership $937,551 --
Laura Andre Inc $806,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Derrin Scott $800,000
Previous Owner Wln Family Lp $999,990
Previous Owner Wln Family Ltd Partnership $775,000
Previous Owner Wln Family Ltd Partnership $950,000
Previous Owner Laura Andre Inc $101,840
Previous Owner Laura Andre Inc $1,050,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2015 02/17/15 Sold $2,600,000 -3.7% $837 / Sq Ft
01/18/2015 01/18/15 Pending -- -- --
07/18/2014 07/18/14 For Sale $2,700,000 +60.2% $869 / Sq Ft
02/11/2014 02/11/14 Sold $1,685,000 0.0% $542 / Sq Ft
11/19/2013 11/19/13 Pending -- -- --
08/22/2013 08/22/13 For Sale $1,685,000 -- $542 / 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 $74,736 $5,065,226 -- --
2023 $73,238 $4,917,695 $0 $0
2022 $73,369 $4,774,461 $0 $0
2021 $74,570 $4,635,399 $0 $0
2020 $75,866 $4,571,399 $0 $0
2019 $89,493 $5,246,832 $2,229,768 $3,017,064
2018 $37,462 $2,229,768 $2,229,768 $0
2017 $40,248 $2,350,248 $2,350,248 $0
2016 $40,425 $2,350,248 $0 $0
2015 $36,613 $2,043,694 $0 $0
2014 $36,613 $2,008,039 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Paula Mikus

    The Corcoran Group

  • P

    Buyer's Agent in 2015

    PAT McINERNEY

    Brown Harris Stevens of PB

    (561) 758-0759

    3 in this area

    16 Total Sales

    PAT McINERNEY
    Section Image

  • E

    Seller's Agent in 2014

    Elizabeth Cleckner

    The Corcoran Group

    (561) 762-2525

    5 in this area

    11 Total Sales

    Elizabeth Cleckner
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    John Pangborn

    The Corcoran Group

    (561) 301-7117

    7 in this area

    16 Total Sales

    John Pangborn
    Section Image

  • T

    Buyer's Agent in 2014

    THOR BROWN

    BARCLAYS INTERNATIONAL REALTY

See All Agents

Map

Source: BeachesMLS

MLS Number: R10057725

BeachesMLS

APN: 50-43-42-34-08-000-0140

Florida Palm Beach County Palm Beach 33480 North End

167 Seagate Rd, Palm Beach, FL

This home is located at 167 Seagate Rd, Palm Beach, FL 33480 since 18 July 2014 and is currently estimated at $10,257,492, approximately $3,300 per square foot. This property was built in 1957. 167 Seagate Rd 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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