NOT LISTED FOR SALE

Palm Beach, FL 33480

Estimated Value: $7,858,000 - $13,376,627

4 Beds
5 Baths
3,931 Sq Ft
$2,701/Sq Ft Est. Value

Last Sold October 02, 2017

Last sale price $6,500,000 $1,654 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $63,705/month

552 Days on Market

Highlights

  • Private Pool
  • Golf Course View
  • 2 Car Attached Garage
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of October 2017

Imagine living directly on the Everglades Club Golf Course. Perfectly restored jewel with gorgeous casual and formal spaces. Estate size property on very exclusive and private Golfview Road. Stylish 39' pool. Romantic balconies, glorious view. Society architect Maurice Fatio Landmark.

Last Agent to Sell the Property

Wally Turner

Sotheby's Intl. Realty, Inc. License #584810 Listed on: 12/08/2015

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Heather Woolems

Sotheby's Intl. Realty, Inc. License #701755

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $129,749

Year Built

  • Built in 1940

Lot Details

  • 0.39 Acre Lot
  • North Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,931 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Golf Course Views
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Sinks

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • Golfview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434326020000190

Home Details

Home Type

Single Family

Est. Annual Taxes

$129,749

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South County Road to Golfview Road.
  • Year Built: 1940
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Dual Sinks
  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Other, Wood
  • Living Area: 3931.0
  • Stories: 2

Exterior Features

  • View: Golf Course
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Brick
  • Direction Faces: North
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Other Equipment: None
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 50434326020000190
  • Lot Size Acres: 0.39
  • Lot Size: 130.0 ft x 130.0 ft
  • Lot Size Sq Ft: 16988.4
  • Mobile Dim Units: Feet
  • Zoning: RA

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 129749.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2015
Closed on
Aug 31, 2017
Sold by
Kelly Michnel and Kelly Edward J
Bought by
Galesi Francesco and Francesen Galesi Revocable Trust
Seller's Agent
Wally Turner
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Heather Woolems
Sotheby's Intl. Realty, Inc.
List Price
$8,950,000
Sold Price
$6,500,000
Premium/Discount to List
-$2,450,000
-27.37%
Current Estimated Value
$10,617,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,117,314
Avg. Annual Appreciation
6.11%
Original Mortgage
$4,550,000
Outstanding Balance
$3,761,889
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$6,855,425

Purchase Details

Closed on
Jun 7, 2002
Sold by
Stern Evan and Stern Sandra Feagan
Bought by
Kelly Michael and Kelly Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.77%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 11, 1999
Sold by
Pecori Helen W
Bought by
Stern Evan and Stern Sandra F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Galesi Francesco $6,500,000 Attorney
Kelly Michael $3,850,000 Premier Title Company Ltd
Stern Evan $1,900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galesi Francesco $4,550,000
Previous Owner Kelly Michael $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2017 10/02/17 Sold $6,500,000 0.0% $1,654 / Sq Ft
09/02/2017 09/02/17 Sold $6,500,000 -27.4% $1,654 / Sq Ft View Prior Sale
09/02/2017 09/02/17 Pending -- -- --
06/13/2017 06/13/17 Pending -- -- --
12/08/2015 12/08/15 For Sale $8,950,000 +37.7% $2,277 / Sq Ft
11/20/2015 11/20/15 For Sale $6,500,000 -- $1,654 / 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 $104,837 $7,212,541 -- --
2024 $104,837 $7,009,272 -- --
2023 $102,668 $6,805,118 $0 $0
2022 $102,854 $6,606,911 $0 $0
2021 $104,619 $6,414,477 $0 $0
2020 $104,854 $6,325,914 $0 $0
2019 $104,662 $6,183,689 $0 $0
2018 $99,420 $6,068,390 $5,550,838 $517,552
2017 $111,838 $6,830,454 $6,307,770 $522,684
2016 $110,227 $5,925,883 $0 $0
2015 $129,749 $5,387,166 $0 $0
2014 $90,356 $4,897,424 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wally Turner

    Seller's Agent in 2017

    Wally Turner

    Sotheby's International Realty, Inc.

    (561) 301-2060

    6 Total Sales

    Wally Turner
    Section Image

  • H

    Buyer's Agent in 2017

    Heather Woolems

    Sotheby's International Realty, Inc.

    (561) 301-0928

    3 Total Sales

    Heather Woolems
    Section Image
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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10190076

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-26-02-000-0190

Florida Palm Beach County Palm Beach

33480

Not Listed for Sale

Detached

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