NOT LISTED FOR SALE

Estimated Value: $9,659,000 - $12,184,004

4 Beds
4 Baths
3,926 Sq Ft
$2,782/Sq Ft Est. Value

Last Sold January 11, 2018

Last sale price $5,425,000 $1,382 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $71,600/month

236 Days on Market

Highlights

  • Property has ocean access
  • Wine Room
  • Waterfront
  • Palm Beach Public School Rated A-
  • Cabana
  • Marble Flooring

About This Home

As of January 2018

This is the epitome of the sublime, Palm Beach home, situated less than 100yds from the beach, with a private cabana. A day dock on the ICW, with the lakeside bicycle path nearby. The large garden is filled with lush, verdant trees, plants and lawns and is peppered with perfect spots to sit, relax and enjoy the tropical environment. This beautiful space is anchored by a stone-edged, stepped pool and an adjoining covered patio, perfect for outdoor dining. The house is light and airy, with a library, separate dining room, spacious living room and a more casual living area, with TV etc., which accesses yet another loggia and patio.

Last Agent to Sell the Property

Lore Smith

Sotheby's International Realty, Inc. License #471429 Listed on: 04/14/2017

Sotheby's International Realty, Inc.

Last Buyer's Agent

Lore Smith

Sotheby's International Realty, Inc. License #471429 Listed on: 04/14/2017

Sotheby's International Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,232

Year Built

  • Built in 1943

Lot Details

  • 0.36 Acre Lot
  • Waterfront
  • Home has North and South Exposure
  • Property is zoned RB

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Tile Roof
  • Fiber Cement Roof

Interior Spaces

  • 3,926 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Fireplace
  • Wine Room
  • Dining Room
  • Library

Kitchen

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

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Cabana
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Balcony

Utilities

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

Community Details

  • No Home Owners Association
  • El Encanto Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434302010000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,232

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Lot Size: 100
  • Subdivision Name: El Encanto
  • Architectural Style: Traditional, Two Story
  • Garage Yn: Yes
  • Year Built: 1943
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 57232.0
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 3926.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 100
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 15682
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Range-Gas, Oven-Single, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble, Tile
  • Interior Amenities: Bidet, Cable, Ceiling Fan, Fireplace, Smoke Detectors, Wet Bar, Wine Rm/Temp-Control, Wndw Trmnts Included, Pantry
  • Living Area: 3926.0
  • Window Features: Other
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Bidet: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Wine RmTemp-Control: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Balcony, Cabana, Ocean Access-Deeded, Storm Shutters
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Cabana: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached, Air Conditioned, Door Opener
  • Garage: Yes
  • Garage:_two_ Car: Yes
  • Garage:Air Conditioned: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: Yes
  • Lot Size Sq Ft: 15682.0
  • Parcel #: 50434302010000022
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 57232.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
Jan 11, 2018
Sold by
Crate Bradley T
Bought by
Mauck Jon and Mauck Liza
Seller's Agent
Lore Smith
Sotheby's International Realty, Inc.
Buyer's Agent
Lore Smith
Sotheby's International Realty, Inc.
List Price
$5,425,000
Sold Price
$5,425,000
Total Days on Market
236
Current Estimated Value
$10,921,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,496,502
Avg. Annual Appreciation
9.92%
Original Mortgage
$545,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2010
Sold by
Wagner Joe
Bought by
Roberts T Williams and The Sunshoe Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,850,000
Interest Rate
4.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2006
Sold by
Rieser John P and Rieser Lynne S
Bought by
Wagner Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 14, 1999
Sold by
Zukov Paula and Zukov Nikita
Bought by
Rieser John P and Rieser Lynne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,396,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 1995
Sold by
Komer Robin and Cesare Robin Komer
Bought by
Zukov Paula
Source: Public Records

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Range of Values:

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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
Mauck Jon $4,870,000 Attorney
Roberts T Williams $3,394,041 Attorney
Wagner Joe $3,450,000 None Available
Rieser John P $1,745,000 --
Zukov Paula $325,000 --
Zukov Paula $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mauck Jon $4,000,000
Closed Mauck Jon $3,896,000
Closed Mauck Jon $545,000
Previous Owner Roberts T Williams $5,915,000
Previous Owner Roberts T Williams $1,947,797
Previous Owner Roberts T Williams $750,000
Previous Owner Roberts T Williams $2,080,000
Previous Owner Roberts T Williams $2,850,000
Previous Owner Wagner Joe $250,000
Previous Owner Wagner Joe $2,500,000
Previous Owner Wagner Joe $1,500,000
Previous Owner Wagner Joe $500,000
Previous Owner Rieser John Paul $300,000
Previous Owner Rieser John P $1,396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2018 01/11/18 Sold $5,425,000 +2096.4% $1,382 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
08/01/2017 08/01/17 Rented $247,000 -95.4% --
07/02/2017 07/02/17 Under Contract -- -- --
04/14/2017 04/14/17 For Sale $5,425,000 0.0% $1,382 / Sq Ft
02/09/2017 02/09/17 For Rent $247,000 -- --
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 $123,506 $8,214,339 -- --
2023 $121,034 $7,983,173 $0 $0
2022 $71,280 $4,569,255 $0 $0
2021 $72,520 $4,436,170 $0 $0
2020 $72,674 $4,374,921 $0 $0
2019 $72,537 $4,276,560 $2,889,515 $1,387,045
2018 $65,267 $4,208,179 $2,889,515 $1,318,664
2017 $59,534 $3,649,635 $2,504,732 $1,144,903
2016 $57,232 $3,096,518 $0 $0
2015 $54,413 $2,815,016 $0 $0
2014 $49,227 $2,559,105 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-996

APN: 50-43-43-02-01-000-0022