NOT LISTED FOR SALE

Estimated Value: $13,292,179

7 Beds
8 Baths
8,371 Sq Ft
$1,588/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $21,339,137 $2,549 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $95,291/month

15 Days on Market

Highlights

  • Guest House
  • Home Theater
  • Garage Apartment
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Waterfront

About This Home

As of November 2022

Immaculate and beautiful estate home, located between the ocean access to the east and the bike trail to the west and convenient to all with its ''in-town'' location. Beautiful Mediterranean stenciled beams and stone fireplaces and all new Impact Windows and Doors.
Stone Fireplace and two grills on the Loggia. 50' pool and one of the most beautiful gardens in Palm Beach.

Last Agent to Sell the Property

Gary Little

Sotheby's International Realty, Inc. License #SL-497423 Listed on: 09/01/2022

Sotheby's International Realty, Inc.

Co-Listed By

Lynn Warren

Sotheby's International Realty, Inc. License #SL-497454

Last Buyer's Agent

Lisa Cregan

Sotheby's International Realty, Inc. License #SL-3389810

Sotheby's International Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,412

Year Built

  • Built in 1930

Lot Details

  • 0.45 Acre Lot
  • Waterfront
  • Home has sun exposure from multiple directions
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned 0100 SINGLE FAMILY - GENERAL, 0100 SINGLE FAMILY -

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Tile

Interior Spaces

  • 8,371 Sq Ft Home
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Single Hung Windows
  • Dining Room
  • Home Theater
  • Library
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door

Parking

  • 2 Car Garage
  • Garage Apartment

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio
  • Lanai

Additional Homes

  • Guest House

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Adams Addition Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434314070000460

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,412

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Lot Size: 100
  • Subdivision Name: Adams Addition
  • Directions: County Road north to Dunbar Road, turn left and it is the 2nd house on the right.
  • Architectural Style: Mediterranean
  • Garage Yn: Yes
  • Year Built: 1930
  • Location Tax Legal:Zoned: 0100 SINGLE FAMILY - GENERAL
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 74412.0
  • Location Tax Legal:Tax Year2: 2021
  • 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): 100
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Impact Glass - Full: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 19500
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Windows:Single Hung: Yes
  • Windows:Impact Glass: Yes
  • Exposure:East: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Style:Mediterranean: Yes
  • Exposure:West: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Flooring: Hardwood, Marble, Tile
  • Interior Amenities: Cable, Ceiling Fan, Fireplace, Sound System, Wndw Trmnts Included
  • Window Features: Single Hung, Impact Glass, Impact Glass-Full
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes
  • Other Rooms:Media Room: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Hollow Tile
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Sprinkler System, Guesthouse/Cottage, Impact Doors, Impact Windows
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:GuesthouseCottage: Yes
  • Construction:Hollow Tile: Yes

Garage/Parking

  • Parking Features: 2 Car, Air Conditioned
  • Garage:_two_ Car: Yes
  • Other Rooms:Garage Apartment: Yes
  • Garage:Air Conditioned: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 19500.0
  • Parcel #: 50434314070000460
  • Zoning: 0100 SINGLE FAMILY -
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 74412.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Nov 4, 2022
Sold by
Rayfield H E
Bought by
211 Dunbar Trust
Seller's Agent
Gary Little
Sotheby's International Realty, Inc.
Buyer's Agent
Lisa Cregan
Sotheby's International Realty, Inc.
List Price
$24,500,000
Sold Price
$21,339,137
Premium/Discount to List
-$3,160,863
-12.9%
Total Days on Market
15
Current Estimated Value
$13,292,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,046,958
Avg. Annual Appreciation
-16.88%

Purchase Details

Closed on
Sep 3, 2002
Sold by
Smith James J and Dinitto Lewis J
Bought by
Rayfield H E

Purchase Details

Closed on
Apr 13, 1999
Sold by
Anthony Bettina M Tr
Bought by
Smith Richard J and Smith Jamers J
Source: Public Records

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Range of Values:

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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
211 Dunbar Trust $21,339,137 --
Rayfield H E $5,350,000 --
Smith Richard J $1,950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Richard J $8,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2022 11/09/22 Sold $21,339,137 -12.9% $2,549 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $24,500,000 -- $2,927 / 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 $296,998 $19,935,339 -- --
2023 $291,031 $19,354,698 $10,125,000 $9,229,698
2022 $73,171 $4,694,017 $0 $0
2021 $74,413 $4,557,298 $0 $0
2020 $74,570 $4,494,377 $0 $0
2019 $74,432 $4,393,330 $0 $0
2018 $70,712 $4,311,413 $0 $0
2017 $70,751 $4,222,736 $0 $0
2016 $70,794 $4,135,882 $0 $0
2015 $73,211 $4,107,132 $0 $0
2014 $73,569 $4,074,536 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-427

APN: 50-43-43-14-07-000-0460