NOT LISTED FOR SALE

Estimated Value: $10,506,225

0.31 Acre
$33,891,048 Price per Acre
13,504 Sq Ft Lot

Sale Details

Date Sold: February 18, 2015

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

Est. 304% increase in value since last sale

Current estimated payment $65,993 / mo

158 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Palm Beach Public School Rated A-
  • Corner 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

Brown Harris Stevens of Palm Beach 5225 Listed on: 07/18/2014

Last Buyer's Agent

PAT McINERNEY

Brown Harris Stevens of Palm Beach 6598 License #569864

Brown Harris Stevens of Palm Beach 6598
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,588

Lot Details

  • 13,504 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • Southwest Facing Home
  • Corner Lot
  • Irregular Lot
  • Cleared Lot
  • Property is zoned RB

Community Details

  • North Shore Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434234080000140

Property Details

Property Type

Land

Est. Annual Taxes

$23,588

Lot Details

0.31 Acres

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Lot Size Acres: 0.31
  • MLS Status: Closed
  • Standard Status: Closed
  • Subdivision Name: North Shore Add
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Taxes2: 23587.53
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Waterfront: No
  • General Property Description:Lot Dim (1): 105
  • General Property Description:Lot SqFt: 13504
  • Exposure:South: Yes
  • Exposure:West: Yes
  • Land Improvements:Electric Available: Yes
  • Street Type:Paved: Yes
  • Lot Size:Irregular Lot: Yes
  • Waterfront:ICW - Across Street: Yes
  • WaterSewer:City Water at Site: Yes
  • WaterSewer:Sewer at Site: Yes
  • Lot Size:Corner Lot: Yes
  • Land Improvements:Sewer Available: Yes
  • Miscellaneous:Land Cleared: Yes
  • Special Features: None

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF, Corner Lot, Irregular Lot
  • Waterfront Features: ICW - Across Street
  • Waterfront: Yes

Utilities

  • Utilities: Electric Available, Sewer Available
  • Water Source: City Water at Site, Sewer at Site

Lot Info

  • Lot Size Sq Ft: 13504.0
  • Parcel #: 50434234080000140
  • Zoning: RB
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 23587.53
  • Tax Year: 2013

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
Jul 18, 2014
Closed on
Feb 17, 2015
Sold by
Thomsen Mads
Bought by
Seller's Agent
PAULA MIKUS
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
PAT McINERNEY
Brown Harris Stevens of Palm Beach 6598
List Price
$2,600,000
Sold Price
$2,600,000
Current Estimated Value
$10,506,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,906,225
Avg. Annual Appreciation
12.78%

Purchase Details

Listed on
Aug 22, 2013
Closed on
Feb 3, 2014
Sold by
Derrin Scott
Bought by
Thomsen Mads
Seller's Agent
John Pangborn
The Corcoran Group
Buyer's Agent
NON MEMBER
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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$2,600,000 Attorney
Derrin Scott -- Standard Title Insurance Age
Thomsen Mads $1,685,000 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

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
Previous Owner $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 Lesnick George A $101,840
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 Prior Sale
02/18/2015 02/18/15 Sold $2,600,000 0.0% $837 / Sq Ft
12/23/2014 12/23/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $2,600,000 +54.3% $837 / 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: 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 $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

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-1491

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

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