$2,100,000
SOLD NOV 18, 2016
3 Beds
3 Baths
2,514 Sq Ft
0.26 Acres

Recently Sold

$835 Per Sq Ft

7% Below List Price

23 Days on Market

Highlights

  • Heated Pool
  • Wood Flooring
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Garden View
  • Sun or Florida Room

About This Home

As of June 2020

''SMASHING'' OPPORTUNITY on Palm Beach Island. Calling all builders and or investors. Remove and build your next project on this 11,500 sq ft north end lot located near Palm Beach Country Club and beach access. Live in or rent out the current house while you finalize your building plans. Priced to sell.

Last Agent to Sell the Property

Joseph Crawford

Keller Williams Coastal Partners License #3272568 Listed on: 09/25/2016

Keller Williams Coastal Partners

Last Buyer's Agent

Kourtney Pulitzer

Sotheby's Intl. Realty, Inc. License #3278434

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,665

Year Built

  • Built in 1948

Lot Details

  • 0.26 Acre Lot
  • Sprinkler System
  • Property is zoned R-B(ci

Parking

  • Over 1 Space Per Unit

Property Views

  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 2,514 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434310040000470

Community Details

Overview

  • Rafalsky Mark Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,665

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South County Road north to Fairview. Turn left onto Fairview and the property will be 2nd house on the left.
  • Year Built: 1948
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Living Area: 2514.0
  • Dining Room Type: Dining Room, Florida Room
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Garden, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two or More Spaces

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434310040000470
  • Lot Size Sq Ft: 11500.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 25665.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2021
Sold by
Ford Aaron W and Ford Julie Grace
Bought by
Ford Aaron W
Total Days on Market
23
Current Estimated Value
$8,542,000

Purchase Details

Listed on
May 4, 2020
Closed on
Jun 4, 2020
Sold by
Palm Beach Island Ventures Llc
Bought by
Ford Aaron W
Seller's Agent
Todd Peter
Sotheby's International Realty, Inc.
Buyer's Agent
CHRISTIAN ANGLE
Earl A. Hollis, Inc.
List Price
$5,049,225
Sold Price
$5,049,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,534,458
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2016
Closed on
Nov 18, 2016
Sold by
Forma John J
Bought by
Palm Beach Island Ventures Llc
Seller's Agent
Joseph Crawford
Keller Williams Coastal Partners
Buyer's Agent
Kourtney Pulitzer
Sotheby's Intl. Realty, Inc.
List Price
$2,250,000
Sold Price
$2,100,000
Premium/Discount to List
-$150,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.03%

Purchase Details

Closed on
May 23, 2011
Sold by
Hardy William A and Hardy Lesley B
Bought by
Forma John J and The John J Forma Revocable Trust Of 2007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2004
Sold by
Hardy Lesley B and Hardy William A
Bought by
Hardy William A and Hardy Lesley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
3.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Interfamily Deed Transfer -- Attorney
Special Warranty Deed -- None Listed On Document
Warranty Deed $5,049,225 Patch Reef Title Company Inc
Trustee Deed $2,100,000 Title Matters Llc
Warranty Deed $1,000,000 None Available
Interfamily Deed Transfer -- Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,534,458 New Conventional
Previous Owner $1,300,000 Adjustable Rate Mortgage/ARM
Previous Owner $800,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $1,100,000 Negative Amortization
Previous Owner $250,000 Credit Line Revolving
Previous Owner $640,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $250,000 Credit Line Revolving
Previous Owner $182,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2020 06/04/20 Sold $5,049,225 0.0% $1,242 / Sq Ft
06/04/2020 06/04/20 Sold $5,049,225 0.0% $1,242 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/05/2020 05/05/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $5,049,225 -19.2% $1,242 / Sq Ft
09/05/2019 09/05/19 For Sale $6,250,000 +197.6% $1,537 / Sq Ft
11/18/2016 11/18/16 Sold $2,100,000 -6.7% $835 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
09/25/2016 09/25/16 For Sale $2,250,000 0.0% $895 / Sq Ft
12/28/2015 12/28/15 Rented $11,500 -8.0% --
11/28/2015 11/28/15 Under Contract -- -- --
09/07/2015 09/07/15 For Rent $12,500 -- --
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
2021 $75,360 $4,626,675 $2,551,000 $2,075,675
2020 $67,520 $4,149,916 $2,268,375 $1,881,541
2019 $33,697 $2,070,000 $2,070,000 $0
2018 $28,681 $1,713,960 $1,713,960 $0
2017 $32,032 $1,868,686 $1,863,000 $5,686
2016 $28,199 $1,367,913 $0 $0
2015 $25,665 $1,243,557 $0 $0
2014 $24,424 $1,130,506 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10270307

BeachesMLS

APN: 50-43-43-10-04-000-0470