$1,375,000
SOLD FEB 7, 2012
3 Beds
3 Baths
2,967 Sq Ft
0.25 Acres

Recently Sold

$463 Per Sq Ft

355 Days on Market

Highlights

  • Gas Heated Pool
  • Waterfront
  • No HOA
  • Palm Beach Public School Rated A-
  • Bermuda Architecture
  • Double Convection Oven

About This Home

As of March 2015

Meticulously renovated 3 bedroom, 3 bathroom Palm Beach home. Lush gardens and much more.

Last Agent to Sell the Property

SYLVIA JAMES

THE FITE GROUP Listed on: 02/02/2011

Co-Listed By

PAT McINERNEY

THE FITE GROUP

Last Buyer's Agent

WILLIAM WARWICK

THE FITE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,798

Year Built

  • Built in 1953

Lot Details

  • Waterfront
  • Home has East and West Exposure
  • Sprinkler System
  • Property is zoned RB

Home Design

  • Bermuda Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,967 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Double Hung Windows
  • Dining Area
  • Storage

Kitchen

  • Double Convection Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 1 Car Garage
  • Carport

Pool

  • Gas Heated Pool
  • Outdoor Pool

Utilities

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

Community Details

  • No Home Owners Association
  • Bermuda Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434310110000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,798

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 86
  • Subdivision Name: Bermuda Lane
  • Directions: County Road north to Bermuda Lane, left to property.
  • Architectural Style: Bermuda, One Story
  • Garage Yn: Yes
  • Year Built: 1953
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 22798.0
  • Location Tax Legal:Tax Year2: 2010
  • General Property Description:Living Area: 2967.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 86
  • Pool:Heated - Gas: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:County Water: Yes
  • WaterSewer:Sewer: Yes
  • Style:Bermuda: Yes
  • Pets:Pets Allowed: Yes
  • HOA:None: Yes
  • Style:One Story: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Floors:StoneBrick: Yes
  • Exposure:West: Yes
  • Windows:Double Hung: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Electric, Oven-Double, Oven-Convection, Microwave, Washer, Dryer
  • Total Bedrooms: 3
  • Flooring: Stone/Brick, W/W Carpeting
  • Interior Amenities: Cable, Ceiling Fan, Smoke Detectors, Storage, Wet Bar
  • Living Area: 2967.0
  • Window Features: Double Hung
  • Interior Features:Storage: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Storm Shutters, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking Features: 1 Car, Carport
  • Garage:_one_ Car: Yes
  • Garage/Carport Description: Yes

Utilities

  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434310110000010
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 22798.0
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2016
Sold by
201 Bermuda Llc
Bought by
Carter Nancy
Current Estimated Value
$7,746,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,578,357
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,059,159

Purchase Details

Listed on
Jan 12, 2015
Closed on
Mar 17, 2015
Sold by
The Gozlan Property Partnership
Bought by
201 Bermuda Llc
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Dana Koch
The Corcoran Group
List Price
$2,295,000
Sold Price
$2,023,700
Premium/Discount to List
-$271,300
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%

Purchase Details

Listed on
Oct 3, 2014
Closed on
Jan 5, 2015
Sold by
Wright Larry
Bought by
The Gozlan Property Partnership
Seller's Agent
Sonny Hamilton
Johnston Group Real Estate Services LLC
Buyer's Agent
Sonny Hamilton
Johnston Group Real Estate Services LLC
List Price
$2,500,000
Sold Price
$1,881,376
Premium/Discount to List
-$618,624
-24.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.79%

Purchase Details

Listed on
Feb 2, 2011
Closed on
Feb 6, 2012
Sold by
201 Bermuda Lane Llc
Bought by
Wright Larry
Seller's Agent
SYLVIA JAMES
THE FITE GROUP
Buyer's Agent
WILLIAM WARWICK
THE FITE GROUP
List Price
$1,375,000
Sold Price
$1,375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%

Purchase Details

Listed on
Feb 2, 2011
Closed on
Dec 16, 2011
Sold by
Mccann Denise P
Bought by
201 Bermuda Lane Llc
Seller's Agent
SYLVIA JAMES
THE FITE GROUP
Buyer's Agent
WILLIAM WARWICK
THE FITE GROUP
List Price
$1,375,000
Sold Price
$1,375,000

Purchase Details

Closed on
Jun 26, 2008
Sold by
Reventlow Richard
Bought by
Mccann Denise P

Purchase Details

Closed on
Jan 7, 1998
Sold by
Told William H
Bought by
Reventlow Richard

Purchase Details

Closed on
Aug 17, 1994
Sold by
Jones Frances Taite
Bought by
Told William H
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 Type Sale Price Title Company
Warranty Deed -- Attorney
Warranty Deed $2,023,700 None Available
Warranty Deed $1,881,376 Attorney
Warranty Deed $1,375,000 Attorney
Warranty Deed $1,400,000 Attorney
Warranty Deed $1,700,000 Attorney
Warranty Deed $595,000 --
Deed $350,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2015 03/17/15 Sold $2,023,700 -11.8% $682 / Sq Ft
02/15/2015 02/15/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $2,295,000 +22.0% $774 / Sq Ft
01/05/2015 01/05/15 Sold $1,881,376 -24.7% $634 / Sq Ft
12/06/2014 12/06/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $2,500,000 +81.8% $843 / Sq Ft
02/07/2012 02/07/12 Sold $1,375,000 0.0% $463 / Sq Ft
02/07/2012 02/07/12 Sold $1,375,000 0.0% $463 / Sq Ft
01/23/2012 01/23/12 Pending -- -- --
01/08/2012 01/08/12 Pending -- -- --
02/02/2011 02/02/11 For Sale $1,375,000 -30.9% $463 / Sq Ft
12/30/2009 12/30/09 For Sale $1,990,000 -- $671 / 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
2024 $31,822 $2,115,927 -- --
2023 $31,119 $2,054,298 $0 $0
2022 $31,157 $1,994,464 $0 $0
2021 $31,710 $1,936,373 $0 $0
2020 $31,764 $1,909,638 $0 $0
2019 $31,698 $1,866,704 $1,826,388 $40,316
2018 $32,542 $1,980,051 $1,949,687 $30,364
2017 $36,080 $2,151,544 $2,119,225 $32,319
2016 $34,210 $1,979,049 $0 $0
2015 $29,780 $1,652,786 $0 $0
2014 -- $1,604,148 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 11-299

APN: 50-43-43-10-11-000-0010