NOT LISTED FOR SALE

Estimated Value: $5,477,000 - $6,596,000

3 Beds
3 Baths
1,882 Sq Ft
$3,187/Sq Ft Est. Value

Last Sold November 27, 2018

Last sale price $2,700,000 $1,435 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $37,946/month

354 Days on Market

Highlights

  • Outdoor Pool
  • Waterfront
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Bermuda Architecture
  • Lanai

About This Home

As of November 2018

Recently renovated, immaculate 3 bedroom Bermuda home located in the “near north” end. House features new wood floors,vaulted ceilings in the living room and dining room, and impact windows/doors throughout. French doors lead to a large covered lanai, perfect for outdoor entertaining or relaxing. Large pool with spa surrounded by a lushly landscaped yard - a tranquil Palm Beach retreat.

Last Agent to Sell the Property

JUDGE MOSS

Sotheby's International Realty, Inc. Listed on: 11/16/2017

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,112

Year Built

  • Built in 1954

Lot Details

  • 10,019 Sq Ft Lot
  • Waterfront
  • North Facing Home
  • Property is zoned RD-1

Parking

  • No Garage

Home Design

  • Bermuda Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,882 Sq Ft Home
  • Ceiling Fan
  • Dining Area
  • Wood Flooring

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Outdoor Features

  • Outdoor Pool
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cherry Lane Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434310090000020

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,112

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 125
  • Subdivision Name: Cherry Lane Add
  • Architectural Style: Bermuda
  • Year Built: 1954
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 29112.41
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 1882.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 125
  • Floors:Hardwood: Yes
  • Roof:Cement Tile: Yes
  • Windows:Impact Glass - Full: Yes
  • Style:Bermuda: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 10019
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Restrictions:No Pets Allowed: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Ice Maker, Range-Gas, Microwave, Washer, Dryer
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Amenities: Cable, Ceiling Fan
  • Living Area: 1882.0
  • Window Features: Impact Glass-Full
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Range-Gas: 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: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Impact Doors, Impact Windows
  • Roof: Cement Tile
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes

Garage/Parking

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

Utilities

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Pets Allowed: No

Lot Info

  • Land Lease Amount Frequency: Yes
  • Lot Size Sq Ft: 10019.0
  • Parcel #: 50434310090000020
  • Zoning: RD-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 29112.41
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2017
Closed on
Nov 19, 2018
Sold by
Ober David G
Bought by
Mccready Richard J and Mccready Rosemary
Seller's Agent
JUDGE MOSS
Sotheby's International Realty, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$2,700,000
Sold Price
$2,700,000
Current Estimated Value
$5,998,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,298,236
Avg. Annual Appreciation
12.28%
Original Mortgage
$1,620,000
Outstanding Balance
$1,395,626
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,499,404

Purchase Details

Closed on
Jan 10, 2017
Sold by
Donnelley Richard R and Donnelley Robin W
Bought by
Ober David G

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
4.12%

Purchase Details

Closed on
Mar 10, 2005
Sold by
Abtahi Michael Sid Nasser
Bought by
Rattinger Nicole

Purchase Details

Closed on
Mar 5, 2001
Sold by
Nancy Kirwan-Taylor I
Bought by
Abtahi Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 1999
Sold by
Ramsey Phillip T and Ramsey Hal C
Bought by
Kirwan-Taylor Nancy

Purchase Details

Closed on
May 26, 1994
Sold by
Heiligenstein Liselotte and Heiligenstein Christian E
Bought by
Ramsey Philip T and Ramsey Hal C
Source: Public Records

Range of Values:

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Average Value
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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
Mccready Richard J $2,700,000 Attorney
Ober David G $1,025,000 Attorney
Rattinger Nicole $1,245,000 --
Abtahi Michael S $860,000 --
Kirwan-Taylor Nancy $550,000 --
Ramsey Philip T $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccready Richard J $1,620,000
Previous Owner Kirwan-Taylor Nancy $1,000,000
Previous Owner Kirwan-Taylor Nancy --
Previous Owner Ober David G $1,000,000
Previous Owner Kirwan-Taylor Nancy $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2018 11/27/18 Sold $2,700,000 0.0% $1,435 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
11/16/2017 11/16/17 For Sale $2,700,000 +89.5% $1,435 / Sq Ft
03/28/2014 03/28/14 Sold $1,425,000 0.0% $757 / Sq Ft
02/01/2014 02/01/14 Pending -- -- --
06/14/2013 06/14/13 For Sale $1,425,000 0.0% $757 / Sq Ft
01/06/2012 01/06/12 Rented $4,500 0.0% --
12/07/2011 12/07/11 Under Contract -- -- --
07/22/2011 07/22/11 For Rent $4,500 -- --
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 $63,172 $2,956,119 -- --
2023 $59,905 $2,687,381 $5,100,000 $482,218
2022 $51,021 $2,443,074 $0 $0
2021 $38,717 $2,478,012 $2,230,000 $248,012
2020 $34,192 $2,017,458 $1,972,500 $44,958
2019 $34,301 $1,981,875 $1,800,000 $181,875
2018 $29,540 $1,755,911 $1,751,494 $4,417
2017 $31,474 $1,908,817 $1,903,798 $5,019
2016 $29,112 $1,622,590 $0 $0
2015 $26,596 $1,475,082 $0 $0
2014 $22,952 $1,128,581 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-2365

APN: 50-43-43-10-09-000-0020