Seller's Agent in 2020
John Pickett
Brown Harris Stevens of Palm Beach 6598
(561) 301-5266
2 in this area
24 Total Sales
221 Ocean Terrace Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $7,123,000 - $10,139,746
5
Beds
7
Baths
4,266
Sq Ft
$2,089/Sq Ft
Est. Value
Highlights
- Heated Pool
- Marble Flooring
- Pool View
- Palm Beach Public School Rated A-
- High Ceiling
- Formal Dining Room
About This Home
As of November 2020Lovely home built in 2015 situated on a private lot with a high elevation on coveted Ocean Terrace in the North End of Palm Beach, just a few homes from the Ocean. Open floor plan with a large living room and family room with French doors leading out to the pool and summer kitchen. Custom state of the art kitchen, marble baths and an elevator to the 2nd floor that offers a spacious master suite, his and her baths & large closets, as well as an additional ensuite bedroom or office. Wood floors throughout, custom lighting, 2 car garage with a large driveway, and a gorgeous pool area. All hurricane impact windows & doors. Ocean Terrace has a deeded wide beach for Ocean Terrace homeowners with a newer cabana offering rest rooms, kitchen and barbeque, a plus to an already wonderful home. (MORE) A block from the Beach, the Lake Trail, and Sailfish Club. Close to Worth Avenue, restaurants and cultural centers, booming Royal Poinciana Way, and Palm Beach International Airport.
Last Agent to Sell the Property
Brown Harris Stevens of PB License #3050060 Listed on: 07/12/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $67,140
Year Built
- Built in 2015
Lot Details
- 0.29 Acre Lot
- Fenced
- Sprinkler System
- Property is zoned 50-RB
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- On-Street Parking
Home Design
- Concrete Roof
Interior Spaces
- 4,266 Sq Ft Home
- 2-Story Property
- Elevator
- Custom Mirrors
- High Ceiling
- Formal Dining Room
- Pool Views
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
- Laundry Tub
Utilities
- Air Filtration System
- Forced Air Zoned Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Additional Features
- Air Purifier
- Heated Pool
Listing and Financial Details
- Assessor Parcel Number 50434303030000120
Community Details
Overview
- Ocean Terrace Subdivision
Recreation
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2020
Closed on
Nov 12, 2020
Sold by
Khoury Amin C and Amin C Khoury Revocable Trust
Bought by
Bonner James C Hristopher and Bonner Elizabeth
Seller's Agent
Cathy Casella
Brown Harris Stevens of PB
Buyer's Agent
Lisa Cregan
Sotheby's Intl. Realty, Inc.
List Price
$5,850,000
Sold Price
$4,875,000
Premium/Discount to List
-$975,000
-16.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,651,838
Avg. Annual Appreciation
13.91%
Original Mortgage
$3,656,250
Outstanding Balance
$3,290,443
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$5,758,130
Purchase Details
Listed on
Jul 18, 2017
Closed on
Feb 1, 2018
Sold by
Ficalora Robert and Ficalora Helen
Bought by
Khoury Amin C and Amin C Khoury Revocable Trust
Seller's Agent
Joan Wenzel
Douglas Elliman
Buyer's Agent
Joan Wenzel
Douglas Elliman
List Price
$5,900,000
Sold Price
$4,700,000
Premium/Discount to List
-$1,200,000
-20.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.32%
Purchase Details
Closed on
May 6, 2008
Sold by
American Home Mortgage Servicing Inc
Bought by
Ficalora Robert and Ficalora Helen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 2007
Sold by
Brestle Isbella Q
Bought by
American Home Mortgage Servicing Inc
Purchase Details
Closed on
Nov 2, 2006
Sold by
Brestle Gary and Brestle Isbelia Q
Bought by
River Fidelity Trust Llc
Purchase Details
Closed on
Oct 26, 2004
Sold by
Ocean 221 Inc
Bought by
Brestle Isbella Q
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 30, 2002
Sold by
640 Island Drive Inc
Bought by
Ocean 221 Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,500
Interest Rate
7%
Purchase Details
Closed on
Jul 10, 2000
Sold by
Hansen Hunter H
Bought by
640 Island Drive Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Interest Rate
8.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 2, 1996
Sold by
Byrne Blake
Bought by
Hansen Hunter H and Hansen Sue A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.05%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bonner James C Hristopher | $4,875,000 | Attorney | |
| Khoury Amin C | $4,580,000 | Attorney | |
| Ficalora Robert | $1,600,000 | Attorney | |
| American Home Mortgage Servicing Inc | -- | None Available | |
| River Fidelity Trust Llc | $200 | None Available | |
| Brestle Isbella Q | -- | Cu Title Llc | |
| Ocean 221 Inc | $1,425,000 | -- | |
| 640 Island Drive Inc | $845,000 | -- | |
| Hansen Hunter H | $375,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bonner James C Hristopher | $3,656,250 | |
| Previous Owner | Khoury Amin C | $2,000,000 | |
| Previous Owner | Ficalora Robert A | $250,000 | |
| Previous Owner | Ficalora Robert A | $1,850,000 | |
| Previous Owner | Ficalora Robert A | $1,561,000 | |
| Previous Owner | Ficalora Robert | $1,280,000 | |
| Previous Owner | Brestle Gary | $300,000 | |
| Previous Owner | Brestle Gary C | $2,145,000 | |
| Previous Owner | Brestle Gary C | $490,000 | |
| Previous Owner | Brestle Isbella Q | $311,500 | |
| Previous Owner | Ocean 221 Inc | $1,430,000 | |
| Previous Owner | Ocean 221 Inc | $35,000 | |
| Previous Owner | Ocean 221 Inc | $997,500 | |
| Previous Owner | Hansen Hunter H | $696,000 | |
| Previous Owner | Hansen Hunter H | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/12/2020 11/12/20 | Sold | $4,875,000 | 0.0% | $1,143 / Sq Ft |
| 11/12/2020 11/12/20 | Sold | $4,875,000 | -16.7% | $1,143 / Sq Ft |
| 10/19/2020 10/19/20 | Pending | -- | -- | -- |
| 10/13/2020 10/13/20 | Pending | -- | -- | -- |
| 07/12/2020 07/12/20 | For Sale | $5,850,000 | +20.0% | $1,371 / Sq Ft |
| 06/23/2020 06/23/20 | For Sale | $4,875,000 | +3.7% | $1,143 / Sq Ft |
| 02/01/2018 02/01/18 | Sold | $4,700,000 | -20.3% | $970 / Sq Ft |
| 01/02/2018 01/02/18 | Pending | -- | -- | -- |
| 07/17/2017 07/17/17 | For Sale | $5,900,000 | -- | $1,218 / Sq Ft |
Source: BeachesMLS
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 | $120,662 | $8,140,595 | -- | -- |
| 2023 | $140,567 | $9,389,987 | $5,417,680 | $3,972,307 |
| 2022 | $94,162 | $4,906,254 | $0 | $0 |
| 2021 | $72,546 | $4,460,231 | $2,722,827 | $1,737,404 |
| 2020 | $32,793 | $4,001,948 | $2,530,116 | $1,471,832 |
| 2019 | $67,407 | $4,030,720 | $2,300,105 | $1,730,615 |
| 2018 | $46,571 | $2,887,332 | $0 | $0 |
| 2017 | $46,605 | $2,827,945 | $1,522,178 | $1,305,767 |
| 2016 | $48,204 | $2,842,748 | $0 | $0 |
| 2015 | $23,114 | $1,266,084 | $0 | $0 |
| 2014 | $20,886 | $1,150,985 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Seller's Agent in 2020
Cathy Casella
Brown Harris Stevens of PB
(561) 659-6400
2 in this area
20 Total Sales
-
L
Buyer's Agent in 2020
Lisa Cregan
Sotheby's International Realty, Inc.
(561) 659-3555
12 in this area
58 Total Sales
-
Seller's Agent in 2018
Joan Wenzel
Douglas Elliman
(561) 371-5743
1 in this area
74 Total Sales
-
G
Seller Co-Listing Agent in 2018
Gloria Rodriguez - Allsup
Sotheby's Intl. Realty, Inc.
(561) 441-5281
4 in this area
60 Total Sales
Map
Source: BeachesMLS
MLS Number: R10638067
APN: 50-43-43-03-03-000-0120
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