NOT LISTED FOR SALE

196 Valencia Rd West Palm Beach, FL 33401

El Cid Neighborhood

Estimated Value: $6,577,515 - $7,342,000

5 Beds
4.5 Baths
5,469 Sq Ft
$1,258/Sq Ft Est. Value

Last Sold August 15, 2012

Last sale price $1,700,000 $311 Per Sq Ft

Est. 305% increase in value since last sale

Current estimated payment $38,726/month

131 Days on Market

Highlights

  • Boat Ramp
  • Intracoastal View
  • Deck
  • Palm Beach Public School Rated A-
  • Heated Pool
  • Vaulted Ceiling

About This Home

As of August 2012

Welcome to Casa Mia, a fabulous Mediterranean/Mission Revival Home located in Historic El Cid. Built in the peak of the roaring 1920's real estate boom, this historic property perfectly represents the best architectural details and charm of this enchanting era. Passing through the wrought iron gates and the massive cypress Dutch front door, you'll be mesmerized by every step, from the original fireplace in the living room to the cypress library or from the marble entry to the massive dining room with hand painted ceilings to the 2 story atrium with large sky lights.....it's like walking through a museum. The 3rd floor observation lounge has a hardwood deck offering spectacular views of Palm Beach across the wide Intracoastal waterway. The pool sparkles... (see supplement for full remark

Last Agent to Sell the Property

STEPHEN SIMPSON

William Raveis Real Estate License #3085739 Listed on: 03/06/2012

William Raveis Real Estate

Last Buyer's Agent

Steven Suder

Berkshire Hathaway Florida Rea License #412961

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,935

Year Built

  • Built in 1925

Lot Details

  • Fenced
  • Sprinkler System
  • Property is zoned SF14

HOA Fees

  • $4 Monthly HOA Fees

Property Views

  • Intracoastal
  • Pool

Home Design

  • Barrel Roof Shape
  • Frame Construction
  • Built-Up Roof

Interior Spaces

  • 5,469 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Custom Mirrors
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • Double Hung Metal Windows
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Loft
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Parking

  • Over 1 Space Per Unit
  • Driveway

Outdoor Features

  • Heated Pool
  • Balcony
  • Deck
  • Open Patio

Utilities

  • Zoned Heating and Cooling
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74434327210100230

Community Details

Overview

  • El Cid Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,935

Year Built

Built in 1925

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Flagler south of Okeechobee to Valencia then right to property
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Custom Mirrors, Split Bedrooms, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Loft
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Gas Water Heater, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Marble, Wood
  • Living Area: 5469.0
  • Dining Room Type: Den, Family Room, Florida Room, Great Room, In-Law Suite, Loft
  • Stories: 3
  • Window Features: Casement Window(s), Double Hung, Metal

Exterior Features

  • Exterior Features: Balcony, Deck, Fence, Patio
  • View: Intercoastal, Pool, Water
  • Fencing: Wall
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Balcony, Deck, Open, Patio
  • Roof: Barrel, Built-Up

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway, Two or More Spaces

Utilities

  • Security: Security System, Security Gate
  • Cooling: Zoned
  • Cooling Y N: Yes
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 4.0
  • Community Features: Boat Facilities
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434327210100230
  • Zoning Description: SF14

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 28935.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2012
Closed on
Jul 17, 2012
Sold by
Raymond John J and Raymond Joyce Jay
Bought by
Misser Sunil A and Misser Sohini
Seller's Agent
STEPHEN SIMPSON
William Raveis Real Estate
Buyer's Agent
Steven Suder
Berkshire Hathaway Florida Rea
List Price
$1,950,000
Sold Price
$1,700,000
Premium/Discount to List
-$250,000
-12.82%
Current Estimated Value
$6,878,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,178,879
Avg. Annual Appreciation
10.60%
Original Mortgage
$999,999
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 19, 2004
Sold by
Perry David L and Perry Laurie P
Bought by
Raymond John J and Raymond Joyce Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1993
Sold by
Gale Mary E
Bought by
Perry David L and Perry Laurie P

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
7.09%
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
Misser Sunil A $1,700,000 Attorney
Raymond John J $1,925,999 --
Perry David L $395,000 --
Gale Mary E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Misser Sunil A $2,650,000
Closed Misser Sunil A $2,000,000
Closed Misser Sunil A $1,500,796
Closed Misser Sunil A $999,999
Previous Owner Raymond John J $1,350,000
Previous Owner Raymond John J $525,000
Previous Owner Raymond John J $1,700,000
Previous Owner Perry David L $500,000
Previous Owner Gale Mary E $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2012 08/15/12 Sold $1,700,000 -12.8% $311 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $1,950,000 -- $357 / 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 $24,863 $2,427,394 -- --
2023 $48,260 $2,356,693 $0 $0
2022 $47,908 $2,288,051 $0 $0
2021 $47,949 $2,221,409 $0 $0
2020 $47,754 $2,190,739 $0 $0
2019 $47,110 $2,141,485 $0 $0
2018 $45,003 $2,101,555 $531,300 $1,570,255
2017 $56,931 $2,618,280 $462,000 $2,156,280
2016 $45,507 $1,825,982 $0 $0
2015 $43,692 $1,659,984 $0 $0
2014 $38,037 $1,509,076 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    STEPHEN SIMPSON

    William Raveis Real Estate

    (561) 262-6263

    12 in this area

    45 Total Sales

    STEPHEN SIMPSON
    Section Image

  • S

    Buyer's Agent in 2012

    Steven Suder

    Berkshire Hathaway Florida Rea

See All Agents

Map

Source: BeachesMLS

MLS Number: R3264762

BeachesMLS

APN: 74-43-43-27-21-010-0230

Florida Palm Beach County West Palm Beach 33401 El Cid

196 Valencia Rd, West Palm Beach, FL

This home is located at 196 Valencia Rd, West Palm Beach, FL 33401 since 06 March 2012 and is currently estimated at $6,878,879, approximately $1,257 per square foot. This property was built in 1925. 196 Valencia Rd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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