$7,000,000
SOLD DEC 6, 2021
4 Beds
3 Baths
2,362 Sq Ft
9,860 Sq Ft Lot

Recently Sold

$2,964 Per Sq Ft

6 Days on Market

Highlights

  • Property has ocean access
  • Outdoor Pool
  • Traditional Architecture
  • Palm Beach Public School Rated A-
  • Waterfront
  • Wood Flooring

About This Home

As of July 2022

Prime Location! Excellent beach access-just one property from the ocean-corner lot in the beautiful north end of Palm Beach with Lake Trail access to the west. Three bedroom, three bathroom home plus den/office or forth bedroom, fresh, bright and clean. Separate dining room overlooking the oversized heated pool-very spacious patio. A must see!

Last Agent to Sell the Property

Christine Gibbons

Sotheby's International Realty, Inc. License #682260 Listed on: 10/27/2021

Sotheby's International Realty, Inc.

Last Buyer's Agent

John Dewing, Jr.

Sotheby's International Realty, Inc. License #3222308

Sotheby's International Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,333

Year Built

  • Built in 1958

Lot Details

  • 9,860 Sq Ft Lot
  • Waterfront
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned 50- Rb - Rb (50-Palm Beach), 50- Rb - Rb (50-Palm

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Barrel Roof Shape
  • Asphalt Shingled Roof
  • Asphalt Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,362 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Dining Room
  • Library
  • Storage
  • Utility Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Property has ocean access
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • El Encanto Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303100000110

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,333

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 85
  • Subdivision Name: El Encanto
  • Architectural Style: Traditional, One Story
  • Garage Yn: Yes
  • Year Built: 1958
  • Location Tax Legal:Zoned: 50- Rb - Rb (50-Palm Beach)
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 36332.92
  • Location Tax Legal:Tax Year2: 2020
  • 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
  • General Property Description:Lot Dim (1): 85
  • Floors:Hardwood: Yes
  • General Property Description:Lot SqFt: 9860
  • Roof:Asphalt Shingle: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Style:One Story: Yes
  • Windows:Single Hung: Yes
  • Pool:Heated - Electric: Yes
  • Roof:Barrel Tile: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Electric, Oven-Double, Microwave, Washer, Dryer
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable, Ceiling Fan, Smoke Detectors, Storage, Wndw Trmnts Included, Pantry
  • Living Area: 2362.0
  • Window Features: Single Hung
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Double: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Fresh Water, Heated - Electric
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Ocean Access-Deeded, Storm Shutters, Sprinkler System
  • Roof: Asphalt, Barrel
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking Features: 1 Car
  • Garage:_one_ Car: Yes

Utilities

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 9860.0
  • Parcel #: 50434303100000110
  • Zoning: 50- Rb - Rb (50-Palm
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 36332.92
  • Tax Year: 2020

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
$8,159,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$215,079
Avg. Annual Appreciation
-0.94%
Original Mortgage
$5,443,750
Outstanding Balance
$5,142,663
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$2,996,472

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%
Original Mortgage
$3,750,000
Interest Rate
2.6%
Mortgage Type
New Conventional

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $8,375,000 Kochman & Ziska Plc
Warranty Deed $7,000,000 Attorney
Warranty Deed $1,875,000 Attorney
Guardian Deed $248,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,443,750 New Conventional
Previous Owner $3,750,000 New Conventional
Previous Owner $1,760,000 New Conventional
Previous Owner $1,457,500 New Conventional
Previous Owner $1,238,950 Adjustable Rate Mortgage/ARM
Previous Owner $1,218,750 Adjustable Rate Mortgage/ARM
Previous Owner $435,195 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $187,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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
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: 21-1528

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