NOT LISTED FOR SALE

Estimated Value: $7,807,000 - $8,307,000

7 Beds
11 Baths
11,047 Sq Ft
$729/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $43,770,000 $3,962 Per Sq Ft

Current estimated payment $52,626/month

Highlights

  • New Construction
  • Heated Pool
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • 35,937 Sq Ft lot
  • Furnished

About This Home

As of April 2024

Brand New Palm Beach Estate in the exclusive enclave of Phipps Estates. Offering 7 bedrooms, 9 full baths and 2 powder rooms including a detached guest house with kitchen this residence is sure to accommodate the contemporary lifestyle. Formal entertaining spaces as well as casual gathering areas all open to the well equipped summer kitchen, covered loggia, pool area and expansive gardens.

Last Agent to Sell the Property

JIM McCANN

Premier Estate Properties, Inc License #397290 Listed on: 04/12/2024

Last Buyer's Agent

Jeremy Stewart

Park View Realty License #3159283

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $186,654

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.83 Acre Lot
  • Property is zoned R-B(ci

HOA Fees

  • $1,100 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Driveway

Interior Spaces

  • 11,047 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Built-In Features
  • Bar
  • Fireplace
  • Den

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Phipps Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314290000180

Home Details

Home Type

Single Family

Est. Annual Taxes

$186,654

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$1,100 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2024
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Elevator, Fireplace, Pantry, Bar
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 9
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 11047.0
  • Dining Room Type: Den, Laundry
  • Stories: 2

Exterior Features

  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 1100.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434314290000180
  • Lot Size: 1/2 to < 1 Acre
  • Lot Size Sq Ft: 35937.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 186654.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2015
Sold by
Wertz Swanson Dan E and Wertz Swanson Karen
Bought by
Crystal Richard P
Total Days on Market
0
Current Estimated Value
$8,057,000

Purchase Details

Closed on
May 15, 2003
Sold by
Wertz Swanson Dan E and Wertz Swanson Karen
Bought by
Swanson Dan E

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
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 6, 1998
Sold by
Phipps Estates Ltd Ptnrshp
Bought by
Swanson Dan E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Crystal Richard P $5,174,500 Attorney
Swanson Dan E -- --
Swanson Dan E $2,447,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swanson Dan E $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $43,770,000 -8.8% $3,962 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $48,000,000 +410.4% $4,345 / Sq Ft
10/22/2020 10/22/20 Sold $9,403,675 0.0% $11,155 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
01/17/2018 01/17/18 For Sale $9,403,675 -- $11,155 / 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 $105,201 $6,857,193 -- --
2023 $102,837 $6,657,469 $0 $0
2022 $103,018 $6,463,562 $0 $0
2021 $104,824 $6,275,303 $0 $0
2020 $105,024 $6,188,662 $0 $0
2019 $104,830 $6,049,523 $4,348,125 $1,701,398
2018 $108,396 $6,468,722 $5,523,746 $944,976
2017 $78,352 $4,490,850 $4,490,850 $0
2016 $82,513 $4,777,500 $0 $0
2015 $105,850 $5,929,016 $0 $0
2014 $106,366 $5,881,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10977536

BeachesMLS

APN: 50-43-43-14-29-000-0170