NOT LISTED FOR SALE

Estimated Value: $1,313,000 - $1,926,000

2 Beds
2 Baths
1,512 Sq Ft
$1,053/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $1,695,000 $1,121 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $11,878/month

167 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Heated Pool
  • Elbridge Gale Elementary School Rated A-
  • Gated with Attendant
  • Vaulted Ceiling

About This Home

As of February 2023

A complete remastering of an iconic Palm Beach Polo bungalow, this 2 bedroom, 2 bathroom home will showcase an exquisite, luxury design inside and out. Boasting a brand new, completely remodeled interior, new impact windows throughout, new pool, new landscaping, the list goes on! The property will feature a spacious front courtyard with a in-ground pool and covered patio, covered and fully-screened rear lanai with marvelous waterfront views, bonus room/ office off the master bedroom, a private driveway and one-car garage. Designed and outfitted by renowned Soco Interiors, the open concept kitchen and living area will feature white oak wood flooring throughout, state-of-the-art Jennair appliances and a large center island with waterfall countertops.

Last Agent to Sell the Property

Carol Sollak

Engel & Volkers Wellington License #642748 Listed on: 09/09/2022

Engel & Volkers Wellington

Last Buyer's Agent

Robert Ross

KW Reserve Palm Beach License #3210971

KW Reserve Palm Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,021

Year Built

  • Built in 1981

Lot Details

  • Lake Front
  • Property is zoned WELL_P

HOA Fees

  • $971 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Villa
  • Frame Construction
  • Shake Roof
  • Wood Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Lake Views
  • Washer and Dryer

Kitchen

  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Pool

  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 73414414040010050

Community Details

Overview

  • Association fees include common areas, ground maintenance
  • Golf And Tennis Village P Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,021

Year Built

Built in 1981

Lot Details

0

HOA Fees

$971 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: Forest Hill to Palm Beach Polo
  • Year Built: 1981
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Living/Dining Room, Stacked Bedrooms, Vaulted Ceiling(s)
  • Furnished: Furnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Living Area: 1512.0
  • Dining Room Type: Den, Great Room
  • Stories: 1

Exterior Features

  • View: Lake
  • Lot Features: < 1/4 Acre
  • Pool Features: Heated, Pool, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Builder Name: Other
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Shake, Wood

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 971.0
  • Community Features: Golf, Golf Course Community, Gated, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Golf Course, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds

Lot Info

  • Parcel #: 73414414040010050
  • Lot Size: < 1/4 Acre
  • Zoning Description: WELL_P

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6021.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Feb 21, 2023
Sold by
T & R Wightman Llc
Bought by
Sobell Jeffrey M and Kuvalanka Kyle D
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Robert Ross
KW Reserve Palm Beach
List Price
$1,695,000
Sold Price
$1,695,000
Views
7
Current Estimated Value
$1,592,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$102,901
Avg. Annual Appreciation
-2.46%

Purchase Details

Listed on
Apr 5, 2022
Closed on
Apr 26, 2022
Sold by
Yoon Rhee Soon H
Bought by
T & R Wightman Llc
Seller's Agent
Mark Norman
Douglas Elliman (Wellington)
Buyer's Agent
Carol Sollak
Engel & Volkers Wellington
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
217.33%

Purchase Details

Closed on
Mar 25, 2020
Sold by
Yoon Shirley
Bought by
Yoon Rhee Soon H

Purchase Details

Closed on
Mar 22, 2017
Sold by
Yoon Rhee Soon H
Bought by
Yoon Rhee Soon H and Yoon Shirley

Purchase Details

Closed on
Jun 30, 2006
Sold by
Hanan Monika I
Bought by
Yoon Rhee Soon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 1997
Sold by
Hanan Jerome and Hanan Monika L
Bought by
Hanan Monika I

Purchase Details

Closed on
Apr 12, 1995
Sold by
Hanan Jerome L
Bought by
Hanan Jerome L and Hanan Monika I
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sobell Jeffrey M $1,695,000 --
T & R Wightman Llc $650,000 Gonzalez Shenkman & Buckstein
Yoon Rhee Soon H -- Attorney
Yoon Rhee Soon H -- Attorney
Yoon Rhee Soon H $365,000 Phoenix Title Insurance Corp
Hanan Monika I $100 --
Hanan Jerome L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yoon Rhee Soon H $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $1,695,000 0.0% $1,121 / Sq Ft
09/09/2022 09/09/22 For Sale $1,695,000 +160.8% $1,121 / Sq Ft
04/27/2022 04/27/22 Sold $650,000 +4.0% $430 / Sq Ft
04/05/2022 04/05/22 For Sale $625,000 0.0% $413 / Sq Ft
12/15/2012 12/15/12 Rented $5,500 0.0% --
11/15/2012 11/15/12 Under Contract -- -- --
07/03/2012 07/03/12 For Rent $5,500 -- --
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 $26,986 $1,402,196 -- --
2023 $16,268 $825,796 $0 $825,796
2022 $6,108 $328,925 $0 $0
2021 $6,021 $319,345 $0 $0
2020 $5,926 $314,936 $0 $0
2019 $5,850 $307,855 $0 $0
2018 $5,582 $302,115 $0 $0
2017 $5,523 $295,901 $0 $0
2016 $5,526 $289,815 $0 $0
2015 $5,648 $287,800 $0 $0
2014 $5,674 $285,516 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10830868

BeachesMLS

APN: 73-41-44-14-04-001-0050