NOT LISTED FOR SALE

Estimated Value: $2,254,000 - $3,136,000

5 Beds
3 Baths
2,962 Sq Ft
$960/Sq Ft Est. Value

Last Sold March 28, 2013

Last sale price $1,100,000 $371 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $17,562/month

Highlights

  • Guest House
  • Wood Flooring
  • Fireplace
  • Outdoor Pool
  • Spanish Architecture
  • Eat-In Kitchen

About This Home

As of July 2018

Now available for an annual lease, this stunning 1926 Mediterranean masterpiece will WOW your most discerning clients. Nestled behind lush hedges on one of the best streets in West Palm Beach, this exceptionally restored residence offers a 3 bedroom 2 bath main house with an impressive 2 bedroom, 1 bath guest house with its own study/ TV room. Fully equipped and turn-key, this furnished annual rental features hardwood floors throughout, full impact glass windows, ultra high-end finishes, gourmet kitchen, and an exquisite black bottomed pool with a heated spa on an uber-private lot. Located east of Olive Avenue, south of Southern Blvd and steps away from Flagler Drive and the Intracoastal waterway, this property is easily accessible from I-95, PBI airport, area restaurants and beaches! Ready for immediate occupancy.

Last Agent to Rent the Property

Sabra Kirkpatrick

Brown Harris Stevens of Palm Beach 7232 License #SL3228432 Listed on: 06/08/2018

Brown Harris Stevens of Palm Beach 7232

Co-Listed By

Lauren Greaves

Brown Harris Stevens of Palm Beach 7232 License #SL-3278946

Last Renter's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,273

Year Built

  • Built in 1926

Lot Details

  • 6,316

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,962 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Dining Area
  • Library
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • No Garage

Utilities

  • Central Heating and Cooling System
  • No Utilities

Additional Features

  • Outdoor Pool
  • South Facing Home
  • Guest House

Community Details

  • Lakewood Subdivision

Listing and Financial Details

  • Security Deposit $8,900
  • 12 Month Lease Term
  • Assessor Parcel Number 74434403100040130

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,273

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential Lease
  • Subdivision Name: Lakewood
  • Architectural Style: Spanish
  • Building Name: N/A
  • Garage Yn: Yes
  • Year Built: 1926
  • Location Tax Legal:Name of Building: N/A
  • General Property Description:Living Area: 2962.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:South2: Yes
  • 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
  • Floors:Hardwood: Yes
  • Contract Information:Deposit Amount: 8900.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: No
  • Utilities Included:None Included: Yes
  • Lease Type:Annual: Yes
  • Special Features: None

Interior Features

  • Appliances: Disposal, Refrigerator, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile
  • Interior Amenities: Fireplace, Smoke Alarms
  • Living Area: 2962.0
  • Stories: 2
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Interior Features:Fireplace: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Smoke Alarms2: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Guest House/Cottage
  • Exterior Features:GuesthouseCottage: Yes

Garage/Parking

  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: None

Lot Info

  • Parcel #: 74434403100040130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2012
Closed on
Mar 28, 2013
Sold by
Jpbk Properties #2 Llc
Bought by
Keefe Timothy E and Keefe Nora R
Seller's Agent
SABRA KIRKPATRICK
THE FITE GROUP
Buyer's Agent
HEIDI COLE
MCCANN COYNER CLARKE
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$2,843,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,743,932
Avg. Annual Appreciation
7.74%
Original Mortgage
$770,000
Outstanding Balance
$555,205
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$2,211,263

Purchase Details

Closed on
Oct 12, 2006
Sold by
Pulitzer Hilary and Pulitzer Peter
Bought by
Jpbk Properties #2 Llc

Purchase Details

Closed on
Jul 22, 2004
Sold by
Pulitzer Peter and Pulitzer Hilary
Bought by
Pulitzer Hilary

Purchase Details

Closed on
Jul 9, 2003
Sold by
Earl Susan E and Schmidt Susan E
Bought by
Pulitzer Peter and Pulitzer Hilary

Purchase Details

Closed on
Sep 12, 2002
Sold by
Schmidt Henry E
Bought by
Schmidt Susan E

Purchase Details

Closed on
Mar 7, 2001
Sold by
John T Rupp M and Regan C Rupp M
Bought by
Schmidt Henry Jr E and Schmidt Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 1999
Sold by
Benz Thomas J and Benz Suzanne
Bought by
Rupp John T and Rupp Regan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 1995
Sold by
Martin Diane C
Bought by
Benz Thomas J and Benz Suzanne
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
Keefe Timothy E $1,100,000 Attorney
Jpbk Properties #2 Llc $750,000 None Available
Pulitzer Hilary -- --
Pulitzer Peter $535,000 Sunbelt Title Agency
Schmidt Susan E -- --
Schmidt Henry Jr E $470,000 --
Rupp John T $400,000 --
Benz Thomas J $242,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keefe Timothy E $770,000
Previous Owner Pulitzer Peter $360,000
Previous Owner Benz Thomas J $376,000
Previous Owner Benz Thomas J $200,000
Previous Owner Benz Thomas J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Rented $8,000 0.0% --
06/16/2018 06/16/18 Under Contract -- -- --
06/08/2018 06/08/18 For Rent $8,000 0.0% --
03/28/2013 03/28/13 Sold $1,100,000 0.0% $461 / Sq Ft
03/28/2013 03/28/13 Sold $1,100,000 0.0% $351 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
02/25/2013 02/25/13 Pending -- -- --
11/02/2012 11/02/12 For Sale $1,100,000 -15.1% $461 / Sq Ft
08/24/2012 08/24/12 For Sale $1,295,000 -- $413 / 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 $22,273 $1,116,889 -- --
2023 $21,759 $1,084,358 $0 $0
2022 $21,585 $1,052,775 $0 $0
2021 $21,590 $1,022,112 $0 $0
2020 $21,496 $1,008,000 $0 $0
2019 $21,196 $985,337 $0 $0
2018 $20,230 $966,965 $327,308 $639,657
2017 $24,576 $1,110,792 $297,552 $813,240
2016 $23,082 $1,020,660 $0 $0
2015 $22,150 $938,999 $0 $0
2014 $20,064 $853,635 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-1199

APN: 74-43-44-03-10-004-0130