NOT LISTED FOR SALE

206 Seaspray Ave Palm Beach, FL 33480

Estimated Value: $7,583,000 - $11,982,485

4 Beds
4 Baths
2,534 Sq Ft
$3,509/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $2,995,000 $1,182 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $52,643/month

193 Days on Market

Highlights

  • Cabana
  • Waterfront
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Lanai

About This Home

As of May 2019

Classic in-town Mediterranean. A special four bedroom family home with separate poolside cabana/guest house. Wonderful interior appointments tastefully made and offered in ready for use, move in condition.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 10/15/2018

Last Buyer's Agent

STEPHEN McPARTLIN

Brown Harris Stevens of Palm Beach 6598 License #SL3287847

Brown Harris Stevens of Palm Beach 6598

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,078

Year Built

  • Built in 1925

Lot Details

  • Waterfront
  • Home has North and South Exposure
  • Property is zoned CA

Parking

  • No Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Frame Construction
  • Tile

Interior Spaces

  • 2,534 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Partial Impact Glass
  • Fire and Smoke Detector

Pool

  • Cabana
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Poinciana Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5043432207000457

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,078

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 52
  • Subdivision Name: Poinciana Park
  • Architectural Style: Mediterranean, Two Story
  • Year Built: 1925
  • Location Tax Legal:Zoned: CA
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 40078.0
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 2534.0
  • 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): 52
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Windows:Single Hung: Yes
  • Windows:Impact Glass-Partial: Yes
  • Roof:Barrel Tile: Yes
  • Style:Mediterranean: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Gas, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable, Ceiling Fan, Smoke Detectors, Wndw Trmnts Included
  • Living Area: 2534.0
  • Window Features: Single Hung, Impact Glass-Partial
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Fresh Water, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Frame, Hollow Tile
  • Exterior Features: Patio/Lanai, Cabana
  • Roof: Barrel
  • Exterior Features:PatioLanai: Yes
  • Construction:Frame: Yes
  • Exterior Features:Cabana: Yes
  • Construction:Hollow Tile: Yes

Garage/Parking

  • Parking Features: No Garage
  • Garage:No Garage: Yes

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes
  • Water Source: City Water, Sewer

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 5043432207000457
  • Zoning: CA

Tax Info

  • Tax Annual Amount: 40078.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2020
Sold by
Cotton Lindsay A and The Lindsay A Cotton Trust
Bought by
Cotton Jon B and The Jon B Cotton Trust
Current Estimated Value
$8,890,871

Purchase Details

Listed on
Oct 15, 2018
Closed on
May 16, 2019
Sold by
206 Seaspray Llc
Bought by
Jon B Cotton Trust and Lindsay A Cotton Trust
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
STEPHEN McPARTLIN
Brown Harris Stevens of Palm Beach 6598
List Price
$2,995,000
Sold Price
$2,995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.56%

Purchase Details

Listed on
Jun 15, 2012
Closed on
Jul 10, 2013
Sold by
L Jakes Llc
Bought by
206 Seaspray Llc
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
CHRISTINE GIBBONS
MCCANN COYNER CLARKE
List Price
$2,025,000
Sold Price
$2,025,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%

Purchase Details

Listed on
Jun 15, 2012
Closed on
Jun 20, 2013
Sold by
Risin Liza Becker
Bought by
L Jakes Llc
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
CHRISTINE GIBBONS
MCCANN COYNER CLARKE
List Price
$2,025,000
Sold Price
$2,025,000

Purchase Details

Closed on
Jun 11, 2009
Sold by
Sprock Howard Martin and Sprock Leigh Ann W
Bought by
Risin Liza Becker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,406,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2003
Sold by
Sims Stephen H and Sims Amy Blackwell
Bought by
Sprock Howard Martin and Sprock Leigh Ann W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2000
Sold by
Kendall Callahan
Bought by
Sims Stephen H and Sims Amy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 1998
Sold by
Kibbe John and Kibbe Daphne
Bought by
Callahan Kendall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
7.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 1998
Sold by
Wells Doris Mckenzie
Bought by
Kibbe John and Kibbe Daphne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
7.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 1997
Sold by
Wells Doris M
Bought by
Kibbe John and Kibbe Daphne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
7.07%
Mortgage Type
New Conventional
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
Cotton Jon B -- Attorney
Jon B Cotton Trust $2,995,000 Attorney
206 Seaspray Llc -- Attorney
L Jakes Llc $2,025,000 Attorney
Risin Liza Becker $1,875,000 Attorney
Sprock Howard Martin $1,380,000 Phoenix Title Insurance Corp
Sims Stephen H $575,000 --
Callahan Kendall $385,000 --
Kibbe John $100 --
Kibbe John $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Risin Liza Becker $1,406,000
Previous Owner Sprock Howard Martin $1,000,000
Previous Owner Kibbe John $350,000
Previous Owner Kibbe John $288,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2019 05/16/19 Sold $2,995,000 0.0% $1,182 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
10/15/2018 10/15/18 For Sale $2,995,000 0.0% $1,182 / Sq Ft
06/23/2016 06/23/16 For Rent $14,000 0.0% --
06/23/2016 06/23/16 Rented $14,000 -90.8% --
07/14/2015 07/14/15 Rented $153,000 0.0% --
06/14/2015 06/14/15 Under Contract -- -- --
06/03/2015 06/03/15 For Rent $153,000 0.0% --
06/20/2013 06/20/13 Sold $2,025,000 +2150.0% $931 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
09/18/2012 09/18/12 Rented $90,000 0.0% --
08/19/2012 08/19/12 Under Contract -- -- --
06/15/2012 06/15/12 For Rent $90,000 0.0% --
06/15/2012 06/15/12 For Sale $2,025,000 -- $931 / 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 $66,061 $3,521,528 -- --
2023 $55,219 $3,201,389 $0 $0
2022 $49,398 $2,910,354 $0 $0
2021 $43,859 $2,645,776 $1,507,779 $1,137,997
2020 $43,410 $2,576,329 $1,384,520 $1,191,809
2019 $44,595 $2,593,047 $1,539,000 $1,054,047
2018 $40,078 $2,460,710 $1,657,860 $802,850
2017 $36,691 $2,148,405 $1,507,146 $641,259
2016 $35,043 $2,010,007 $0 $0
2015 $33,224 $1,827,279 $0 $0
2014 $30,318 $1,661,163 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-1960

APN: 50-43-43-22-07-000-4570