NOT LISTED FOR SALE

225 Bahama Ln Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $6,338,000 - $7,215,000

4 Beds
4 Baths
2,831 Sq Ft
$2,433/Sq Ft Est. Value

Last Sold February 16, 2016

Last sale price $2,500,000 $883 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $42,701/month

137 Days on Market

Highlights

  • Outdoor Pool
  • Waterfront
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Bermuda Architecture
  • Lanai

About This Home

As of February 2016

Classic Palm Beach bermuda-style home perfect for entertaining and relaxing with a superb floorplan,new impact windows, high ceilings, large living areas. Many updates. Very Bright and cheerful. Exterior freshly painted. Lovely Chicago brick paved driveway and walkway. 4th bedroom is now a den but has large walk-in closet and big bath. Located just north of the PB Country Club.

Last Agent to Sell the Property

MARYANN CHOPP

Sotheby's International Realty, Inc. License #BK-3216754 Listed on: 09/11/2015

Sotheby's International Realty, Inc.

Last Buyer's Agent

LILLIAN PULITZER

Brown Harris Stevens of Palm Beach 6598 License #SL-3265854

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,158

Year Built

  • Built in 1956

Lot Details

  • 10,454 Sq Ft Lot
  • Waterfront
  • Home has North and South Exposure
  • Back Yard Fenced
  • Property is zoned R-D(1) - Moderate Density Residential, R-D(1) - Moderate

Home Design

  • Bermuda Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,831 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Wood Flooring

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Impact Glass

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bahama Addition Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434310020000040

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,158

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 113
  • Subdivision Name: Bahama Addition
  • Directions: 95 to Okeechobee Blvd east to AIA north to Bahama Lane on left.
  • Architectural Style: Bermuda, One Story
  • Garage Yn: Yes
  • Year Built: 1956
  • Location Tax Legal:Zoned: R-D(1) - Moderate Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 11158.42
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Living Area: 2831.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 113
  • Floors:Hardwood: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Bermuda: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 10454
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Style:One Story: Yes
  • Windows:Impact Glass: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Electric, Oven-Single, Microwave, Washer, Dryer
  • Total Bedrooms: 4
  • Flooring: Hardwood
  • Interior Amenities: Cable, Wndw Trmnts Included
  • Living Area: 2831.0
  • Window Features: Impact Glass
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Storm Shutters
  • Roof: Cement Tile
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking Features: Attached, Door Opener
  • Garage: Yes

Utilities

  • Security: Security System
  • Heating: Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: Yes
  • Lot Size Sq Ft: 10454.0
  • Parcel #: 50434310020000040
  • Zoning: R-D(1) - Moderate
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 11158.42
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2017
Sold by
Doubleday Heidi
Bought by
225 Bahama Llc
Current Estimated Value
$6,887,190

Purchase Details

Listed on
Sep 11, 2015
Closed on
Feb 9, 2016
Sold by
Farinas Alberto G and Farinas Guillermo
Bought by
Doubleday Heidi
Seller's Agent
MARYANN CHOPP
Sotheby's International Realty, Inc.
Buyer's Agent
LILLIAN PULITZER
Brown Harris Stevens of Palm Beach 6598
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Original Mortgage
$1,100,000
Interest Rate
2.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 11, 2015
Closed on
Feb 6, 2016
Sold by
Farinas Alberto
Bought by
Doubleday Heidi
Seller's Agent
MARYANN CHOPP
Sotheby's International Realty, Inc.
Buyer's Agent
LILLIAN PULITZER
Brown Harris Stevens of Palm Beach 6598
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
2.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 24, 2014
Sold by
Farinas Alina
Bought by
Farinas Alina

Purchase Details

Closed on
Jun 18, 1998
Sold by
Farinas Alberto J and Farinas Alina A
Bought by
Farinas Alberto J and Farinas Alina A

Purchase Details

Closed on
Apr 19, 1994
Sold by
Sousa Leonard R
Bought by
Farinas Alberto J and Farinas Alina A
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 Buyer Sale Price Title Company
225 Bahama Llc $1,100,000 Attorney
Doubleday Heidi $2,500,000 Sage Title & Escrow Svcs Inc
Doubleday Heidi -- Sage Title & Escrow Svcs Inc
Farinas Alina -- Attorney
Farinas Alberto J $100 --
Farinas Alberto J $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doubleday Heidi $1,100,000
Previous Owner Doubleday Heidi $1,100,000
Previous Owner Farinas Alina A $750,000
Previous Owner Farinas Alina A $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2016 02/16/16 Sold $2,500,000 0.0% $883 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
09/11/2015 09/11/15 For Sale $2,500,000 -- $883 / 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 $65,584 $3,180,942 -- --
2023 $60,708 $2,891,765 $0 $0
2022 $51,192 $2,628,877 $0 $0
2021 $39,453 $2,462,439 $2,259,861 $202,578
2020 $36,008 $2,172,625 $2,099,917 $72,708
2019 $35,830 $2,116,754 $1,909,015 $207,739
2018 $34,481 $2,105,061 $1,909,015 $196,046
2017 $34,315 $2,049,822 $1,852,079 $197,743
2016 $35,838 $2,073,691 $0 $0
2015 $11,106 $649,980 $0 $0
2014 $11,158 $644,821 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    MARYANN CHOPP

    Sotheby's International Realty, Inc.

    (561) 351-1277

    5 in this area

    42 Total Sales

    MARYANN CHOPP
    Section Image

  • L

    Buyer's Agent in 2016

    LILLIAN PULITZER

    Brown Harris Stevens of Palm Beach 6598

  • M

    Buyer's Agent in 2016

    MINNIE McCLUSKEY

    Brown Harris Stevens of Palm Beach 0039

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-1887

APN: 50-43-43-10-02-000-0040

Florida Palm Beach County Palm Beach 33480 North End

225 Bahama Ln, Palm Beach, FL

This home is located at 225 Bahama Ln, Palm Beach, FL 33480 since 11 September 2015 and is currently estimated at $6,887,190, approximately $2,432 per square foot. This property was built in 1956. 225 Bahama Ln is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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