NOT LISTED FOR SALE

Estimated Value: $6,040,656 - $7,486,000

5 Beds
5.5 Baths
4,211 Sq Ft
$1,620/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $4,200,000 $997 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $42,064/month

165 Days on Market

Highlights

  • Intracoastal View
  • Private Pool
  • Balcony
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Fireplace

About This Home

As of October 2021

''Palma Rosada'' Private Gated El Cid Estate This 1939 Maurice Fatio designed, secluded Hollywood Regency style estate, was completely restored and expanded in 2009. Enjoy breathtaking sunrises and sweeping Intracoastal water views of Tarpon Cove islands and Everglades Island from the two spacious balconies off the second level master bedroom of this +/- 13,550 sqft property. Interiors designed by Leta Austin Foster. The beautiful flow provides room for discovery and imagination to meander through this sprawling 5 bedroom 5.1 bath house with a private courtyard and garden with wrap around views. Ideal for private outdoor entertaining. Versatile floor plan with first and second level master bedrooms. Thoughtfully appointed with high level custom luxurious finishes, this home exemplifies t

Last Agent to Sell the Property

LISA WILKINSON

Douglas Elliman License #3254735 Listed on: 04/02/2021

Douglas Elliman

Co-Listed By

Cara McClure

Douglas Elliman License #3177951

Last Buyer's Agent

LISA WILKINSON

Douglas Elliman License #3254735 Listed on: 04/02/2021

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,812

Year Built

  • Built in 1939

Lot Details

  • 0.31 Acre Lot
  • Fenced
  • Sprinkler System
  • Property is zoned SF14(c)

Parking

  • 1 Car Attached Garage
  • Driveway

Property Views

  • Intracoastal
  • Garden
  • Pool

Interior Spaces

  • 4,211 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Fireplace
  • Awning
  • French Doors
  • Family Room

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Terrazzo

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • El Cid Second Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434327220140130

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,812

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: El Cid South Flagler Drive to Sunset Rd. Property is one house in from the Intracoastal on the south side
  • Year Built: 1939
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, French Door(s)/Atrium Door(s), Fireplace, Pantry, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Other, Terrazzo, Wood
  • Living Area: 4211.0
  • Dining Room Type: Family Room, Laundry, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Awning(s), Balcony, Fence, Patio
  • View: Garden, Intercoastal, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Security: Security System, Closed Circuit Camera(s), Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434327220140130
  • Lot Size Sq Ft: 13550.0
  • Zoning Description: SF14(c)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 14812.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
Oct 15, 2021
Sold by
Azqueta Norberto
Bought by
Azqueta Robin Wheeler
Seller's Agent
LISA WILKINSON
Douglas Elliman
Buyer's Agent
LISA WILKINSON
Douglas Elliman
List Price
$5,400,000
Sold Price
$4,200,000
Premium/Discount to List
-$1,200,000
-22.22%
Current Estimated Value
$6,819,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,619,914
Avg. Annual Appreciation
9.95%
Original Mortgage
$2,150,000
Outstanding Balance
$1,969,666
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$4,145,336

Purchase Details

Closed on
Jun 13, 2003
Sold by
Azqueta Norberto and Azqueta Robin Wheeler
Bought by
Azqueta Norberto and Azqueta Robin Wheeler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2001
Sold by
Barbara L Morgan I
Bought by
Azqueta Norberto J and Orman Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1998
Sold by
Prinster John
Bought by
Morgan Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.47%
Mortgage Type
New Conventional
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
Azqueta Robin Wheeler $4,125,000 Attorney
Azqueta Norberto -- Phoenix Title Insurance Corp
Azqueta Norberto J $765,000 --
Morgan Barbara L $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Azqueta Norberto $700,000
Previous Owner Morgan Barbara L $415,000
Previous Owner Morgan Barbara L $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $4,200,000 -22.2% $997 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $5,400,000 -- $1,282 / Sq Ft
Source: BeachesMLS

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 $70,876 $3,492,157 -- --
2023 $69,288 $3,390,444 $0 $0
2022 $68,797 $3,291,693 $0 $0
2021 $14,879 $712,857 $0 $0
2020 $14,812 $703,015 $0 $0
2019 $11,929 $687,209 $0 $0
2018 $11,243 $674,395 $0 $0
2017 $11,113 $660,524 $0 $0
2016 $11,105 $646,938 $0 $0
2015 $11,384 $642,441 $0 $0
2014 $11,406 $637,342 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10704795

BeachesMLS

APN: 74-43-43-27-22-014-0130