NOT LISTED FOR SALE

200 Algoma Rd Palm Beach, FL 33480

Estimated Value: $3,764,000 - $14,790,096

5 Beds
6 Baths
5,473 Sq Ft
$1,687/Sq Ft Est. Value

Last Sold February 18, 2016

Last sale price $7,560,000 $1,381 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $62,189/month

Highlights

  • Property has ocean access
  • Gas Heated Pool
  • Bermuda Architecture
  • Palm Beach Public School Rated A-
  • Garage Apartment
  • Lanai

About This Home

As of December 2018

A gem of a Bermuda home with smart decor, offering sweeping views onto the beautiful gardens, fountains and pool. On an oversized immaculately landscaped lot, this graceful home is well designed with high ceilings, a downstairs master suite, library, formal dining room and gracious indoor/outdoor spaces ideal for entertaining. Located in the prime estate section convenient to all that Palm Beach has to offer.

Last Agent to Rent the Property

Ashley Copeland

Brown Harris Stevens of Palm Beach 5225 License #SL-3079640 Listed on: 11/20/2018

Brown Harris Stevens of Palm Beach 5225

Last Renter's Agent

John Dewing, Jr.

Sotheby's International Realty, Inc. License #3222308

Sotheby's International Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • Northwest Facing Home
  • Back Yard Fenced
  • Sprinkler System

Home Design

  • Bermuda Architecture

Interior Spaces

  • 5,473 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Loggia
  • Fireplace
  • Living Room
  • Dining Room
  • Library
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Brick
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • Pest Guard System

Parking

  • 2 Car Garage
  • Garage Apartment

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Patio
  • Lanai

Utilities

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

Listing and Financial Details

  • Security Deposit $40,000
  • Rent includes cable TV, gas, water, sewer
  • Seasonal Lease Term
  • Assessor Parcel Number 50434335000020330

Community Details

Overview

  • Front Yard Maintenance
  • Gov Lot 2 Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Pool Services

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential Lease
  • Subdivision Name: Gov Lot 2
  • Directions: Located just north of Southern Boulevard off of South Ocean
  • Architectural Style: Bermuda
  • Building Name: N/A
  • Year Built: 1970
  • Location Tax Legal:Name of Building: N/A
  • General Property Description:Living Area: 5473.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:_pound_ Floors: 2.0
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • Exposure of Unit:North2: Yes
  • Pool:Heated - Gas: Yes
  • Contract Information:Deposit Amount: 40000.0
  • Style:Bermuda: Yes
  • Pets:Pets Allowed: Pets w/Restrictions
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Exposure of Unit:West2: Yes
  • Laundry:Laundry in Bldg: Yes
  • Services Included:Garbage: Yes
  • Utilities Included:Basic Cable TV: Yes
  • Utilities Included:Water: Yes
  • Utilities Included:Sewer3: Yes
  • Floors:StoneBrick: Yes
  • Services Included:Pest Control2: Yes
  • Services Included:Trash Removal: Yes
  • Services Included:Yard Services: Yes
  • Lease Type:Seasonal: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Services Included:Pool Services: Yes
  • Utilities Included:Gas: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Gas, Oven-Single, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Stone, Brick, Other Flooring
  • Interior Amenities: Fireplace, Storage, Wet Bar, Pantry
  • Living Area: 5473.0
  • Stories: 2
  • Window Features: Wndw Trmnts Included
  • 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
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Smoke Alarms2: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: No
  • Exterior Features: Fence-Back Wall, Ocean Access-Deeded, Storm Shutters, Sprinkler System, Other (See Remarks)
  • Patio And Porch Features: Patio/Lanai
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Other (See Remarks)7: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking:Garage2: Yes
  • Other Rooms:Garage Apartment: Yes

Utilities

  • Laundry Features: Laundry in Bldg
  • Security: Smoke Alarms, Security System
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV, Gas, Water, Sewer
  • Amenities: Pest Control, Garbage, Trash Removal, Pool Services, Yard Services

Lot Info

  • Parcel #: 50434335000020330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2015
Closed on
Feb 17, 2016
Sold by
Slatkin Harry Jay
Bought by
Silene Lc
List Price
$9,200,000
Sold Price
$7,560,000
Premium/Discount to List
-$1,640,000
-17.83%
Current Estimated Value
$9,231,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,671,032
Avg. Annual Appreciation
2.03%

Purchase Details

Closed on
Oct 4, 2012
Sold by
Krasker Paul A
Bought by
Slatkin Harry Jay and Harry Jay Slatkin Revocable Trust

Purchase Details

Closed on
May 6, 2011
Sold by
Madoff Marion and Madoff Peter B
Bought by
Krasker Paul A and 200 Algoma Road Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2006
Sold by
Madoff Peter B and Madoff Marion
Bought by
Madoff Marion

Purchase Details

Closed on
May 10, 2001
Sold by
Joseph W Blount I
Bought by
Madoff Peter B and Madoff Marion

Purchase Details

Closed on
Feb 17, 1999
Sold by
Bessemer Trust Co Of Fl Tr
Bought by
Bloun Joseph W

Purchase Details

Closed on
Apr 28, 1995
Sold by
Callaway Brenda T and David Callaway L
Bought by
Bessemer Tr Co Fl and Brenda T Callaway Qualified Personal Res
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Silene Lc $7,560,000 Trident Title Llc
Slatkin Harry Jay -- Attorney
Krasker Paul A $5,500,000 Attorney
Madoff Marion -- Attorney
Madoff Peter B $3,752,000 --
Bloun Joseph W $1,750,000 --
Bessemer Tr Co Fl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krasker Paul A $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2018 11/20/18 Rented $115,000 0.0% --
11/20/2018 11/20/18 For Rent $115,000 0.0% --
02/18/2016 02/18/16 Sold $7,560,000 -17.8% $1,381 / Sq Ft View Prior Sale
01/19/2016 01/19/16 Pending -- -- --
08/21/2015 08/21/15 For Sale $9,200,000 -- $1,681 / 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
2025 $171,045 $10,796,794 -- --
2024 $171,045 $9,815,267 -- --
2023 $153,896 $8,922,970 $0 $0
2022 $148,720 $8,111,791 $0 $0
2021 $121,083 $7,374,355 $5,500,000 $1,874,355
2020 $116,250 $6,962,437 $5,400,000 $1,562,437
2019 $116,266 $6,818,581 $5,250,000 $1,568,581
2018 $114,046 $6,930,651 $5,177,874 $1,752,777
2017 $105,834 $6,270,096 $4,209,654 $2,060,442
2016 $105,474 $6,122,262 $0 $0
2015 $104,702 $5,766,344 $0 $0
2014 $97,572 $5,242,131 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Landlord's Agent in 2018

    Ashley Copeland

    Brown Harris Stevens of Palm Beach 5225

    (561) 596-5959

    71 Total Sales

    Ashley Copeland
    Section Image

  • J

    Tenant's Agent in 2018

    John Dewing, Jr.

    Sotheby's International Realty, Inc.

    (561) 659-3555

    5 Total Sales

    John Dewing, Jr.
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-2264

APN: 50-43-43-35-00-002-0330

Florida Palm Beach County Palm Beach 33480

200 Algoma Rd, Palm Beach, FL

Not Listed for Sale

Detached

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