$5,550,000
SOLD DEC 30, 2021
4 Beds
4 Baths
2,311 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$2,402 Per Sq Ft

64 Days on Market

Highlights

  • Outdoor Pool
  • Waterfront
  • Fireplace
  • Palm Beach Public School Rated A-
  • No HOA
  • Impact Glass

About This Home

As of December 2024

This charming and newly renovated beach cottage, located on the beautiful north end of Palm Beach, features 4 bedrooms and 4 baths and is only steps away from the water. The lovely one-story home includes a quaint loggia to spend cooler evenings in, a private pool, two fireplaces, gorgeous hardwood and marble floors, and driveways for 2 or more cars. Whether you want to go and spend some time at the beach right outside your front door or just relaxing in your private pool , this beach cottage can be your next dream home.

Last Agent to Sell the Property

WAHKUNA VEGA-FARRELL

William Raveis South Florida License #3254052 Listed on: 08/25/2021

Last Buyer's Agent

Wahkuna Vega-Farrell

Compass Florida, LLC License #3254052

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,651

Year Built

  • Built in 1948

Lot Details

  • 8,712 Sq Ft Lot
  • Waterfront
  • North Facing Home
  • Back and Front Yard Fenced
  • Property is zoned RB

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Tile Roof
  • Fiber Cement Roof

Interior Spaces

  • 2,311 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Dining Area
  • Tile Flooring
  • Impact Glass

Kitchen

  • Electric Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Outdoor Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Boca Raton Co Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434234020001080

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,651

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 75
  • Subdivision Name: Boca Raton Co
  • Directions: Head north on N Lake Way, turn right on Mediterranean Rd. First house on the right.
  • Architectural Style: One Story
  • Year Built: 1948
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 17651.0
  • Location Tax Legal:Tax Year2: 2021
  • General Property Description:Living Area: 2311.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 75
  • Roof:Cement Tile: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 8712
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Style:One Story: Yes
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Freezer, Range-Electric, Washer, Dryer
  • Total Bedrooms: 4
  • Flooring: Tile
  • Interior Amenities: Fireplace
  • Living Area: 2311.0
  • Window Features: Impact Glass-Full
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Brick, Poured Concrete
  • Exterior Features: Fence-Back Wall, Fence-Front Wall
  • Roof: Cement Tile
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Construction:Poured Concrete: Yes

Garage/Parking

  • Parking Features: Other
  • Garage:Other7: Yes

Utilities

  • Security: Other Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 50434234020001080
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 17651.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Nov 25, 2024
Sold by
Punnett Dominique
Bought by
224 Mediterranean Road Llc
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
Andrew Thomka-Gazdik
Sotheby's Intl. Realty, Inc.
List Price
$4,900,000
Sold Price
$4,900,000
Views
21
Current Estimated Value
$5,221,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,837
Avg. Annual Appreciation
11.38%

Purchase Details

Listed on
Aug 25, 2021
Closed on
Dec 30, 2021
Sold by
Henriette Meran 2014 Declaration Of Trus
Bought by
Punnett Dominique
Seller's Agent
WAHKUNA VEGA-FARRELL
William Raveis South Florida
Buyer's Agent
Wahkuna Vega-Farrell
Compass Florida, LLC
List Price
$5,550,000
Sold Price
$5,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.16%
Original Mortgage
$3,607,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 16, 2017
Closed on
Jul 3, 2018
Sold by
Young Elisa Grace and Degey Jerome
Bought by
Meran Henriette and Henriette Meran 2014 Declaration Of Tr
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Patricia Mahaney
Sotheby's Intl. Realty, Inc.
List Price
$2,195,000
Sold Price
$1,962,500
Premium/Discount to List
-$232,500
-10.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.81%

Purchase Details

Listed on
May 10, 2013
Closed on
Dec 23, 2013
Sold by
Wolf Jeffrey
Bought by
Young Elisa Grace
Seller's Agent
CLIVE STUART-FINDLAY
THE FITE GROUP
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$1,048,500
Sold Price
$1,048,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.84%

Purchase Details

Closed on
Jun 26, 2012
Sold by
Patush Llc
Bought by
Wolf Jeffrey

Purchase Details

Closed on
Nov 14, 2005
Sold by
Sayegh Joseph and Sayegh Patricia
Bought by
Patush Llc

Purchase Details

Closed on
Jul 15, 2003
Sold by
Radon William and Cashour Michael T
Bought by
Sayegh Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,800
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 1998
Sold by
Golino Maria Eda
Bought by
Turner Land Co

Purchase Details

Closed on
May 16, 1995
Sold by
Badagliacca Blanche
Bought by
Golino Maria Eda

Purchase Details

Closed on
Aug 12, 1994
Sold by
Badagliacca Blanche L and Golino Joanna Frost
Bought by
Badagliacca Blanche L
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 Type Sale Price Title Company
Warranty Deed $4,900,000 Palm Beach Title & Escrow
Warranty Deed $5,550,000 Alley Maass Rogers & Lindsay P
Warranty Deed $1,962,500 Attorney
Warranty Deed $1,048,500 Attorney
Quit Claim Deed -- None Available
Warranty Deed $1,650,000 --
Warranty Deed $737,500 Premier Title Company Ltd
Warranty Deed $350,000 --
Warranty Deed $200,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,607,500 New Conventional
Previous Owner $285,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $626,800 Purchase Money Mortgage
Previous Owner $95,000 Credit Line Revolving
Previous Owner $506,000 New Conventional
Previous Owner $40,781 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $4,900,000 0.0% $2,120 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $4,900,000 -11.7% $2,120 / Sq Ft
12/30/2021 12/30/21 Sold $5,550,000 0.0% $2,402 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $5,550,000 0.0% $2,402 / Sq Ft
08/06/2021 08/06/21 For Rent $15,000 0.0% --
08/06/2021 08/06/21 Rented $15,000 0.0% --
09/14/2020 09/14/20 Rented $15,000 0.0% --
08/15/2020 08/15/20 Under Contract -- -- --
12/24/2019 12/24/19 For Rent $15,000 0.0% --
07/10/2018 07/10/18 Sold $1,962,500 -10.6% $849 / Sq Ft
06/10/2018 06/10/18 Pending -- -- --
10/16/2017 10/16/17 For Sale $2,195,000 +109.3% $950 / Sq Ft
12/30/2013 12/30/13 Sold $1,048,500 0.0% $551 / Sq Ft
10/07/2013 10/07/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $1,048,500 -- $551 / 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 $65,646 $4,390,500 -- --
2023 $64,272 $4,262,621 $3,376,627 $885,994
2022 $50,425 $3,198,477 $0 $0
2021 $17,540 $1,063,054 $0 $0
2020 $17,559 $1,048,377 $0 $0
2019 $17,516 $1,024,806 $0 $0
2018 $23,706 $1,437,860 $1,433,565 $4,295
2017 $24,495 $1,456,070 $0 $0
2016 $24,016 $1,426,121 $0 $0
2015 $24,833 $1,416,208 $0 $0
2014 $22,524 $1,231,614 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-1263

APN: 50-43-42-34-02-000-1080