NOT LISTED FOR SALE

Estimated Value: $2,610,000 - $4,629,000

5 Beds
5 Baths
5,220 Sq Ft
$722/Sq Ft Est. Value

Last Sold February 07, 2019

Last sale price $2,530,000 $485 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $24,239/month

About This Home

As of February 2019

Overlooking the fairway to the 1st green at Palma Ceia Golf and Country Club sits one of only three exclusive estates on Exmoor Street. Built in 1924, this 5BR/4.5BA traditional pool home is situated on .51 acres. While timeless in character, extensive renovations to the kitchen and bathrooms with the addition of the study and opulent master bath in 2010, provide modern comforts in a home of this stature. On opposite sides of the foyer sit the formal dining room and formal living room, each bathed in sunlight. The private study offers custom built-ins, French doors, wood-beamed ceilings, and a view of the pool. A cozy breakfast room lies next to the kitchen with marble countertops, custom cabinetry and high-end appliances. The family room, with its wall of windows and French doors provides unobstructed views of the pool. All 5 bedrooms are upstairs including the master suite with sitting area, large walk-in closet and opulent master bath with dual sinks, spa tub and oversized walk-in shower. Of the remaining 4 bedrooms, 2 are en-suite and 2 are configured with a Jack and Jill bath. The outdoor space of this estate is large enough to host the grandest of parties. Other features include: 2-car garage, 2-car carport with storage house, upstairs laundry, two new HVAC systems (2016), water softener, tank-less water heaters, gas-appliances, wet bar with wine refrigerator, and gas generator. Just steps away from Palma Ceia Country Club. Call to schedule your private showing today!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Feb 7, 2019
Sold by
Rasmussen Robert C and Rasmussen Marlene S
Bought by
Paris Dana C and Herman Alfred
Seller's Agent
Michael Palermo
PALERMO REAL ESTATE PROF. INC.
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$2,775,000
Sold Price
$2,530,000
Premium/Discount to List
-$245,000
-8.83%
Current Estimated Value
$3,768,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,238,721
Avg. Annual Appreciation
7.28%
Original Mortgage
$450,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Paris Dana C $2,530,000 Bay To Bay Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paris Dana C $438,479
Closed Paris Dana C $450,000
Previous Owner Rasmussen Robert C $417,001
Previous Owner Rasmussen Robert C $417,000
Previous Owner Rasmussen Robert C $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2019 02/07/19 Sold $2,530,000 0.0% $485 / Sq Ft
12/06/2018 12/06/18 Off Market $2,530,000 -- --
10/18/2018 10/18/18 Price Changed $2,750,000 -0.9% $527 / Sq Ft
07/20/2018 07/20/18 Price Changed $2,775,000 0.0% $532 / Sq Ft
07/20/2018 07/20/18 For Sale $2,775,000 -6.7% $532 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
03/16/2018 03/16/18 Price Changed $2,975,000 0.0% $570 / Sq Ft
03/16/2018 03/16/18 For Sale $2,975,000 +17.6% $570 / Sq Ft
03/13/2018 03/13/18 Off Market $2,530,000 -- --
11/08/2017 11/08/17 Price Changed $3,125,000 -6.7% $599 / Sq Ft
05/30/2017 05/30/17 For Sale $3,350,000 -- $642 / Sq Ft

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 $44,449 $2,362,045 -- --
2023 $43,484 $2,293,248 $0 $0
2022 $42,456 $2,226,454 $0 $0
2021 $42,055 $2,161,606 $0 $0
2020 $41,744 $2,131,761 $0 $0
2019 $45,492 $2,258,508 $1,297,296 $961,212
2018 $16,503 $841,797 $0 $0
2017 $16,308 $1,962,198 $0 $0
2016 $15,856 $807,525 $0 $0
2015 $15,952 $801,912 $0 $0
2014 $15,846 $795,548 $0 $0
2013 -- $783,791 $0 $0
Source: Public Records

Agents Affiliated with this Home

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