218 La Puerta Way Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $8,124,000 - $12,043,000
5
Beds
6
Baths
4,565
Sq Ft
$2,107/Sq Ft
Est. Value
Highlights
- New Construction
- Gas Heated Pool
- Marble Flooring
- Palm Beach Public School Rated A-
- Waterfront
- Traditional Architecture
About This Home
As of June 2020Newly completed property located in Palm Beach's north-end. This light filled residence is beautifully appointed & finished. The home includes a combination living room/dining room, large library, family room, gourmet kitchen, 5 bedrooms, two-car garage, pool & generator. Beach & bike trail access are conveniently located at the east & west ends of the block. Must see! DISCLAIMER:
The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed, please do not consider this a solicitation. In the event a Buyer defaults, no commission will be paid to either Broker on the Deposits retained by the Seller. "No Commissions Paid until Title Passes." Copyright 2019 Listing Company. All Rights Reserved.
Last Agent to Sell the Property
SUZANNE FRISBIE
Premier Estate Properties, Inc. - Palm Beach License #508253 Listed on: 11/21/2018
Last Buyer's Agent
SUZANNE FRISBIE
MCCANN COYNER CLARKE
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $38,795
Year Built
- Built in 2019 | New Construction
Lot Details
- 0.29 Acre Lot
- Waterfront
- Home has North and South Exposure
- Back Yard Fenced
- Sprinkler System
- Property is zoned RB
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Tile Roof
- Fiber Cement Roof
Interior Spaces
- 4,565 Sq Ft Home
- 2-Story Property
- Elevator
- Central Vacuum
- Fireplace
- Double Hung Windows
- Casement Windows
- Dining Area
- Library
- Utility Room
Kitchen
- Single Oven
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Bathrooms
Laundry
- Dryer
- Washer
Home Security
- High Impact Windows
- High Impact Door
Pool
- Gas Heated Pool
- Outdoor Pool
Outdoor Features
- Patio
- Lanai
Utilities
- Zoned Heating and Cooling
- Cable TV Available
Community Details
- No Home Owners Association
- El Encanto Subdivision
Listing and Financial Details
- Assessor Parcel Number 50434302010000310
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 31, 2021
Sold by
Marcus Jeffrey A and Marcus Nicola
Bought by
Jones Kevin R
Total Days on Market
558
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Outstanding Balance
$6,419,852
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$3,597,437
Purchase Details
Listed on
Nov 21, 2018
Closed on
Jun 9, 2020
Sold by
218 Lpw Llc
Bought by
Marcus Jeffery A and Marcus Nicola
Seller's Agent
SUZANNE FRISBIE
Premier Estate Properties, Inc. - Palm Beach
Buyer's Agent
SUZANNE FRISBIE
MCCANN COYNER CLARKE
List Price
$5,939,000
Sold Price
$5,939,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
Purchase Details
Closed on
Dec 19, 2013
Sold by
Ocean Way Llc
Bought by
Champion Venture Holdings Llc
Purchase Details
Closed on
Jun 9, 2005
Sold by
Lowenthal Terriann
Bought by
Ocean Way Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,475,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 4, 2004
Sold by
Lowenthal Eleanor
Bought by
Lowenthal Terriann
Similar Homes in Palm Beach, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jones Kevin R | $10,340,000 | Attorney | |
| Marcus Jeffery A | $5,939,000 | Attorney | |
| Champion Venture Holdings Llc | $3,500,000 | Attorney | |
| Ocean Way Llc | $3,300,000 | -- | |
| Lowenthal Terriann | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jones Kevin R | $1,500,000 | |
| Open | Jones Kevin R | $7,000,000 | |
| Previous Owner | Ocean Way Llc | $2,475,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2020 06/09/20 | Sold | $5,939,000 | 0.0% | $1,301 / Sq Ft |
| 06/01/2020 06/01/20 | Pending | -- | -- | -- |
| 11/21/2018 11/21/18 | For Sale | $5,939,000 | +20.0% | $1,301 / Sq Ft |
| 04/10/2017 04/10/17 | Sold | $4,950,000 | -14.7% | $1,337 / Sq Ft |
| 03/11/2017 03/11/17 | Pending | -- | -- | -- |
| 11/18/2016 11/18/16 | For Sale | $5,800,000 | -- | $1,566 / Sq Ft |
Source: Palm Beach Board of REALTORS®
Tax History Compared to Growth
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 | $132,263 | $8,857,772 | -- | -- |
| 2023 | $148,001 | $9,828,563 | $0 | $0 |
| 2022 | $148,281 | $9,542,294 | $0 | $0 |
| 2021 | $89,853 | $5,468,915 | $2,737,281 | $2,731,634 |
| 2020 | $84,085 | $5,031,126 | $2,543,547 | $2,487,579 |
| 2019 | $38,949 | $2,312,315 | $2,312,315 | $0 |
| 2018 | $37,684 | $2,312,315 | $2,312,315 | $0 |
| 2015 | $37,017 | $2,036,175 | $0 | $0 |
| 2014 | $33,764 | $1,851,068 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2020
SUZANNE FRISBIE
Premier Estate Properties, Inc. - Palm Beach
-
p
Buyer's Agent in 2020
pbb.rets.frisst
pbb.rets.RETS_OFFICE
-
Jack Elkins
J
Seller's Agent in 2017
Jack Elkins
William Raveis Real Estate
(561) 373-2198
25 Total Sales
-
Erin Hiatt
E
Seller Co-Listing Agent in 2017
Erin Hiatt
William Raveis Real Estate
(561) 655-6570
5 Total Sales
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 18-2286
APN: 50-43-43-02-01-000-0310
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