NOT LISTED FOR SALE

167 Seagate Rd Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $6,494,000 - $13,004,181

0.31 Acre
$28,656,597 Price per Acre
13,504 Sq Ft Lot

Last Sold February 17, 2015

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

Est. 242% increase in value since last sale

Current estimated payment $52,358/month

124 Days on Market

Highlights

  • No HOA
  • 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 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

Lot Details

  • 0.31 Acre Lot
  • South Facing Home
  • Paved or Partially Paved Lot
  • Site Plan Filed

Community Details

  • No Home Owners Association
  • 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

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Directions: North on N. Lake Way right on Seagate Road
  • DelayedMarketingYN: No
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, 1/4 to 1/2 Acre Lot, Subdivision
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Waterfront: No
  • Direction Faces: South

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Beach Access
  • Association: No

Lot Info

  • Parcel #: 50434234080000140
  • Current Use: Single Family
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.31
  • Lot Size: 105 x 136 Irregular
  • Lot Size Sq Ft: 13503.6
  • Possible Use: Single Family
  • Mobile Dim Units: Feet
  • Zoning: 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
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%
Current Estimated Value
$8,883,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,283,545
Avg. Annual Appreciation
11.90%

Purchase Details

Listed on
Aug 22, 2013
Closed on
Feb 3, 2014
Sold by
Derrin Scott
Bought by
Thomsen Mads
List Price
$1,995,000
Sold Price
$1,685,000
Premium/Discount to List
-$310,000
-15.54%

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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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 Ltd Partnership $775,000
Previous Owner Laura Andre Inc $101,840
Previous Owner Laura Andre Inc $1,050,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 -15.5% $542 / Sq Ft View Prior Sale
01/12/2014 01/12/14 Pending -- -- --
08/22/2013 08/22/13 For Sale $1,995,000 -- $642 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $74,736 $5,212,118 -- --
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

    Buyer's Agent in 2015

    PAT McINERNEY

    Brown Harris Stevens of PB

    (561) 758-0759

    3 in this area

    14 Total Sales

    PAT McINERNEY
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10057725

BeachesMLS (Greater Fort Lauderdale)

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

Florida Palm Beach County Palm Beach 33480 North End

167 Seagate Rd, Palm Beach, FL

Not Listed for Sale

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