NOT LISTED FOR SALE

Estimated Value: $6,309,000 - $9,111,879

4 Beds
3 Baths
2,362 Sq Ft
$3,381/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $8,375,000 $3,546 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $49,798/month

Highlights

  • Property has ocean access
  • Home Theater
  • Bermuda Architecture
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Wood Flooring

About This Home

As of December 2022

Amazing opportunity to lease a property one house from the ocean. Cross the street and you're on the beach. This 4 bedroom 3 bath home is recently updated, located on a coveted north end street with direct access to the Lake Trail and the Atlantic Ocean. Only rental on the ocean block that is available for the season. New Custom interior design furnishings with a great pool and patio for indoor/outdoor entertaining. Best of all pets are welcome.

Last Agent to Rent the Property

KEVIN CONDON

Sotheby's International Realty, Inc. License #BK-3403343 Listed on: 10/07/2022

Sotheby's International Realty, Inc.

Last Renter's Agent

Stephanie Schwed

Nest Seekers Florida, LLC License #3419379

Nest Seekers Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $89,556

Year Built

  • Built in 1958

Lot Details

  • Back Yard Fenced
  • Sprinkler System

Parking

  • 1 Parking Space

Home Design

  • Bermuda Architecture

Interior Spaces

  • 2,362 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Home Theater
  • Storage

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Pest Guard System

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $40,000
  • Rent includes water, sewer
  • Ask Agent About Lease Term
  • Seasonal Lease Term
  • Assessor Parcel Number 50434303100000110

Community Details

Overview

  • Front Yard Maintenance
  • El Encanto Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool
  • Pool Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$89,556

Year Built

Built in 1958

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential Lease
  • Subdivision Name: El Encanto
  • Architectural Style: Bermuda, One Story
  • Building Name: N/A
  • Year Built: 1958
  • Location Tax Legal:Name of Building: N/A
  • General Property Description:Living Area: 2362.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • Floors:Hardwood: Yes
  • Contract Information:Deposit Amount: 40000.0
  • Style:Bermuda: Yes
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: Pets w/Restrictions
  • Style:One Story: Yes
  • Services Included:Garbage: Yes
  • Utilities Included:Water: Yes
  • Utilities Included:Sewer3: Yes
  • Services Included:Pest Control2: Yes
  • Services Included:Trash Removal: Yes
  • Services Included:Yard Services: Yes
  • Lease Type:Seasonal: Yes
  • Lease Type:Off Season: Yes
  • Services Included:Pool Services: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Electric, Oven-Double, Microwave, Washer, Dryer
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile, Other Flooring
  • Interior Amenities: Cable, Storage, Smoke Alarms
  • Living Area: 2362.0
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Other (See Remarks)8: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Smoke Alarms2: Yes
  • Other Rooms:Media Room: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Ocean Access-Deeded, Sprinkler System
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Water, Sewer
  • Amenities: Pest Control, Garbage, Trash Removal, Pool Services, Yard Services

Lot Info

  • Parcel #: 50434303100000110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jul 22, 2022
Sold by
171 El Pueblo Trust
Bought by
Ryan Kevin and Pressly-Ryan Carolyn
Seller's Agent
John Dewing, Jr.
Sotheby's Intl. Realty, Inc.
Buyer's Agent
KEVIN CONDON
Sotheby's Intl. Realty, Inc.
List Price
$8,750,000
Sold Price
$8,375,000
Premium/Discount to List
-$375,000
-4.29%
Current Estimated Value
$7,984,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$390,030
Avg. Annual Appreciation
-1.47%
Original Mortgage
$5,443,750
Outstanding Balance
$5,083,297
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$2,901,673

Purchase Details

Listed on
Oct 27, 2021
Closed on
Dec 6, 2021
Sold by
171 El Pueblo Way Llc
Bought by
Kochman Ronald and The 171 El Pueblo Trust
Seller's Agent
Christine Gibbons
Sotheby's International Realty, Inc.
Buyer's Agent
John Dewing, Jr.
Sotheby's International Realty, Inc.
List Price
$7,000,000
Sold Price
$7,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.54%

Purchase Details

Listed on
Feb 7, 2014
Closed on
May 15, 2014
Sold by
Worley Scott David and Worley Christina Laura
Bought by
171 El Pueblo Way Llc
Seller's Agent
Elaine Edwards
Brown Harris Stevens of PB
Buyer's Agent
Christine Gibbons
Sotheby's Intl. Realty, Inc.
List Price
$1,975,000
Sold Price
$1,875,000
Premium/Discount to List
-$100,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.01%
Original Mortgage
$1,218,750
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 6, 1995
Sold by
Comprehensive Guardianship Svc Inc and Shields Irma
Bought by
Worley Scott David and Worley Christina Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
9.26%
Source: Public Records

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
Ryan Kevin $8,375,000 Kochman & Ziska Plc
Kochman Ronald $7,000,000 Attorney
171 El Pueblo Way Llc $1,875,000 Attorney
Worley Scott David $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Kevin $5,443,750
Previous Owner 171 El Pueblo Way Llc $1,218,750
Previous Owner Worley Scott David $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2022 12/09/22 Rented $50,000 +25.0% --
12/08/2022 12/08/22 Under Contract -- -- --
11/16/2022 11/16/22 Price Changed $40,000 -11.1% $17 / Sq Ft
10/07/2022 10/07/22 For Rent $45,000 0.0% --
07/22/2022 07/22/22 Sold $8,375,000 -4.3% $3,546 / Sq Ft View Prior Sale
06/22/2022 06/22/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $8,750,000 +25.0% $3,704 / Sq Ft
12/06/2021 12/06/21 Sold $7,000,000 0.0% $2,964 / Sq Ft View Prior Sale
11/02/2021 11/02/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $7,000,000 0.0% $2,964 / Sq Ft
10/07/2019 10/07/19 Rented $20,000 +60.0% --
09/07/2019 09/07/19 Under Contract -- -- --
07/30/2019 07/30/19 For Rent $12,500 -10.7% --
07/27/2017 07/27/17 Rented $14,000 0.0% --
06/27/2017 06/27/17 Under Contract -- -- --
08/29/2016 08/29/16 For Rent $14,000 -86.3% --
08/04/2014 08/04/14 Rented $102,000 0.0% --
07/05/2014 07/05/14 Under Contract -- -- --
05/16/2014 05/16/14 For Rent $102,000 0.0% --
05/15/2014 05/15/14 Sold $1,875,000 -5.1% $794 / Sq Ft View Prior Sale
04/15/2014 04/15/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $1,975,000 -- $836 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $89,556 $5,928,475 -- --
2023 $87,320 $5,755,801 $4,340,070 $1,415,731
2022 $61,585 $3,883,636 $0 $0
2021 $38,228 $2,270,903 $2,181,240 $89,663
2020 $36,333 $2,057,152 $2,026,860 $30,292
2019 $34,712 $1,933,475 $1,842,600 $90,875
2018 $32,984 $1,921,113 $1,842,600 $78,513
2017 $33,277 $1,876,782 $1,798,269 $78,513
2016 $32,038 $1,825,086 $0 $0
2015 $29,894 $1,659,169 $0 $0
2014 $8,660 $507,144 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-1440

APN: 50-43-43-03-10-000-0110