$9,403,675
SOLD OCT 22, 2020
0.83 Acre
$11,329,729 Price per Acre
36,155 Sq Ft Lot

Recently Sold

$11,155 Per Sq Ft

978 Days on Market

Highlights

  • Waterfront
  • 0.83 Acre Lot
  • Corner Lot
  • Palm Beach Public School Rated A-

About This Lot

As of April 2024

Phipps Estate 36,363+/- SF Parcel is the last buildable lot in this prestigious enclave of single family estates. Mature foliage & trees grace the meandering pathways. There is currently a 3 BR 1920's era cottage on the property. If you are looking for a large piece of land in Palm Beach, this is it. Mandatory HOA: $3800. Exclusions: Living room fireplace mantle, all interior attached lighting fixtures, all garden statuary. DISCLAIMER: Information published or otherwise provided by Premier Estate Properties, Inc. and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics are deemed reliable but are not guaranteed and are subject to
errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Premier Estate Properties, Inc. expressly
disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. Premier Estate Properties, Inc. participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily
exclusive to Premier Estate Properties, Inc. and may be listed or have sold with other members of the Multiple Listing Service. Transactions where Premier Estate Properties, Inc. represented both buyers and sellers are calculated as two sales. Premier Estate Properties, Inc.'s marketplace
is all of the following: Vero Beach, Town of Orchid, Indian River Shores, Town of Palm Beach, West Palm Beach, Manalapan Beach, Point Manalapan, Hypoluxo Island, Ocean Ridge, Gulf
Stream, Delray Beach, Highland Beach, Boca Raton, East Deerfield Beach, Hillsboro Beach,Hillsboro Shores, East Pompano Beach, Lighthouse Point, Sea Ranch Lakes and Fort Lauderdale.
Cooperating Brokers are advised that in the event of a Buyer default, no commission will be paid to a cooperating Broker on the Deposits retained by the Seller. No commissions are paid to any cooperating broker until title passes or upon actual commencement of a lease. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2020 Premier Estate
Properties, Inc. All Rights Reserved.

Last Agent to Sell the Property

JIM McCANN

Premier Estate Properties, Inc. - Palm Beach License #BK-397290 Listed on: 01/17/2018

Last Buyer's Agent

JAMES MCCANN

THE CORCORAN GROUP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $106,095

Lot Details

  • 0.83 Acre Lot
  • Waterfront
  • South Facing Home
  • Corner Lot
  • Property is zoned RB

Utilities

  • Electricity To Lot Line
  • Gas Available

Community Details

  • Phipps Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314290000180

Property Details

Property Type

Land

Est. Annual Taxes

$106,095

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Lot Size Acres: 0.83
  • Subdivision Name: Phipps Estates
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Taxes2: 106095.0
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Waterfront: No
  • General Property Description:Lot Dim (1): 280 Approx
  • General Property Description:Lot SqFt: 36363
  • Exposure:South: Yes
  • Land Improvements:Electric at Site: Yes
  • Land Improvements:Water Available: Yes
  • Lot Size:Corner Lot: Yes
  • Land Improvements:Gas Available: Yes
  • Land Improvements:Sewer Available: Yes
  • Special Features: None

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre, Corner Lot
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes

Utilities

  • Utilities: Electric at Site, Sewer Available, Water Available, Natural Gas Available

Lot Info

  • Lot Size Sq Ft: 36363.0
  • Parcel #: 50434314290000180
  • Zoning: RB
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 106095.0
  • Tax Year: 2019

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
Current Estimated Value
$9,060,500

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 Type Sale Price Title Company
Special Warranty Deed $5,174,500 Attorney
Interfamily Deed Transfer -- --
Deed $2,447,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 Unknown
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: 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 $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: Palm Beach Board of REALTORS®

MLS Number: 18-154

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