NOT LISTED FOR SALE

Estimated Value: $7,680,000 - $15,670,878

5 Beds
8 Baths
6,404 Sq Ft
$1,823/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $8,750,000 $1,366 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $80,855/month

98 Days on Market

Highlights

  • Private Pool
  • Marble Flooring
  • High Ceiling
  • Palm Beach Public School Rated A-
  • Mediterranean Architecture
  • Porch

About This Home

As of March 2019

Phipps Estates gracious and pristine, this well maintained lightened Mediterranean is enveloped in lush gardens. First floor master suite has generous sitting room & gym. French doors throughout the home open to multiple outdoor living and entertaining areas. Surrounding the pool are several seating and al fresco dining areas, built-in gas grill station with bar seating for 4, covered loggia has pecky cypress ceiling w/orchid adorned iron gates. New cement tile roof in 2017, the home is recently painted, has a full house generator and in-house safe. Phipps Estates HOA provides for common areas landscaping, street lighting, gates & roads.

Last Agent to Sell the Property

JIM McCANN

Premier Estate Properties, Inc License #397290 Listed on: 11/06/2018

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates License #202740

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,675

Year Built

  • Built in 1997

Lot Details

  • 0.45 Acre Lot
  • South Facing Home
  • Property is zoned R-B(ci

HOA Fees

  • $1,267 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Mediterranean Architecture
  • Concrete Roof

Interior Spaces

  • 6,404 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • High Ceiling
  • French Doors
  • Family Room
  • Security Gate

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Private Pool
  • Open Patio
  • Porch

Utilities

  • Zoned Heating and Cooling

Community Details

  • Phipps Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314290000130

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,675

Year Built

Built in 1997

Lot Details

0

HOA Fees

$1,267 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North on County Rd, left into Phipps Estates, house on the right
  • Year Built: 1997
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: French Door(s)/Atrium Door(s), High Ceilings, Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Flooring: Carpet, Marble, Wood
  • Living Area: 6404.0
  • Dining Room Type: Family Room
  • Stories: 2

Exterior Features

  • Exterior Features: Porch, Patio
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Security: Security Gate
  • Cooling: Zoned
  • Cooling Y N: Yes
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1267.0
  • Community Features: Street Lights, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434314290000130
  • Lot Size Sq Ft: 19657.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 74675.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2020
Sold by
Loewenberg James R and The James R Loewenberg Trust
Bought by
Casa Tortuga Llc
Total Days on Market
98
Current Estimated Value
$11,675,439

Purchase Details

Closed on
Dec 27, 2019
Sold by
Casa Tortuga Llc
Bought by
Loewenberg James R and James R Loewenberg Trust

Purchase Details

Listed on
Nov 6, 2018
Closed on
Mar 15, 2019
Sold by
Burns Brian P and Burns Eileen C
Bought by
Casa Tortuga Llc
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates
List Price
$10,000,000
Sold Price
$8,750,000
Premium/Discount to List
-$1,250,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Mar 23, 1999
Sold by
Via Tortuga L P
Bought by
Burns Brian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 1996
Sold by
Phipps Estates Lp
Bought by
Via Tortuga Lp
Source: Public Records

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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
Casa Tortuga Llc -- Attorney
Loewenberg James R -- Attorney
Casa Tortuga Llc $8,750,000 Attorney
Burns Brian P $3,395,000 --
Via Tortuga Lp $1,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burns Brian P $2,025,000
Previous Owner Burns Brian P $3,600,000
Previous Owner Via Tortuga Lp $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $8,750,000 -12.5% $1,366 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
11/06/2018 11/06/18 For Sale $10,000,000 -- $1,562 / Sq Ft
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 $168,589 $9,198,217 -- --
2023 $157,930 $8,362,015 $0 $0
2022 $134,164 $7,601,832 $0 $0
2021 $112,306 $6,910,756 $4,837,709 $2,073,047
2020 $96,929 $5,866,183 $4,054,846 $1,811,337
2019 $78,595 $4,694,954 $0 $0
2018 $74,611 $4,607,413 $0 $0
2017 $74,675 $4,512,647 $0 $0
2016 $75,508 $4,419,831 $0 $0
2015 $78,093 $4,389,107 $0 $0
2014 $78,470 $4,354,273 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10478675

BeachesMLS

APN: 50-43-43-14-29-000-0130