NOT LISTED FOR SALE

Estimated Value: $9,094,000 - $12,049,639

5 Beds
6.5 Baths
4,227 Sq Ft
$2,418/Sq Ft Est. Value

Sale Details

Date Sold: July 12, 2016

Last sale price $3,500,000 $828 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $55,412 / mo

734 Days on Market

Highlights

  • In Ground Pool
  • Marble Flooring
  • Eat-In Kitchen
  • Palm Beach Public School Rated A-
  • No HOA
  • Separate Shower in Primary Bathroom

About This Home

As of July 2016

Conveniently located near town and only one block to the ocean. Wonderful indoor and outdoor entertaining spaces. First floor master.

Last Agent to Sell the Property

Cris Condon

Sotheby's Intl. Realty, Inc. License #392210 Listed on: 05/29/2014

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Gregory Weadock

William Raveis Real Estate License #0535947

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,699

Year Built

  • Built in 1997

Lot Details

  • 13,504 Sq Ft Lot
  • North Facing Home
  • Property is zoned RB

Parking

  • 2 Car Garage

Interior Spaces

  • 4,227 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Proximity Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314090000380

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,699

Year Built

Built in 1997

Lot Details

0.31 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Okeechobee Blvd to Palm Beach Island
  • Year Built: 1997
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Eat-in Kitchen, Pantry, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Marble
  • Living Area: 4227.0
  • Stories: 2

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Concrete
  • Direction Faces: North

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Pets Allowed: No
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 50434314090000380
  • Lot Size Acres: 0.31
  • Lot Size: DP 100
  • Lot Size Sq Ft: 13503.6
  • Mobile Dim Units: Feet
  • Zoning: RB

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 30699.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2014
Closed on
Jul 12, 2016
Sold by
Peliteri Paul R
Bought by
Palm Beach Orthodox Synagogue Inc
Seller's Agent
Cris Condon
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Gregory Weadock
William Raveis Real Estate
List Price
$3,950,000
Sold Price
$3,500,000
Premium/Discount to List
-$450,000
-11.39%
Current Estimated Value
$10,220,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,720,880
Avg. Annual Appreciation
11.46%
Original Mortgage
$1,650,000
Outstanding Balance
$1,306,401
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$8,914,479

Purchase Details

Closed on
Sep 12, 2006
Sold by
Pellitieri Paul R and Pellitieri Virginia M
Bought by
Pellitieri Paul R and The Paul R Pellitieri Trust
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

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
Palm Beach Orthodox Synagogue Inc $3,500,000 None Available
Pellitieri Paul R -- Attorney
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
Open Palm Beach Orthodox Synagogue Inc $1,650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2016 07/12/16 Sold $3,500,000 0.0% $828 / Sq Ft View Prior Sale
07/12/2016 07/12/16 Sold $3,500,000 -11.4% $828 / Sq Ft
06/12/2016 06/12/16 Pending -- -- --
05/26/2016 05/26/16 Pending -- -- --
05/29/2014 05/29/14 For Sale $3,950,000 +12.9% $934 / Sq Ft
02/21/2013 02/21/13 For Sale $3,500,000 -- $828 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $1,192 $7,086,723 -- --
2024 $1,192 $6,442,475 -- --
2023 $1,095 $5,856,795 $0 $0
2022 $1,091 $5,324,359 $0 $0
2021 $1,182 $4,840,326 $3,339,788 $1,500,538
2020 $1,164 $4,829,734 $3,240,000 $1,589,734
2019 $1,165 $4,122,192 $3,110,400 $1,011,792
2018 $1,174 $4,111,210 $3,240,405 $870,805
2017 $1,150 $3,332,283 $2,551,500 $780,783
2016 $30,162 $1,783,434 $0 $0
2015 $31,190 $1,771,037 $0 $0
2014 $31,340 $1,756,981 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10044891

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-14-09-000-0380

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