NOT LISTED FOR SALE

Estimated Value: $7,883,920 - $8,796,000

3 Beds
5 Baths
3,195 Sq Ft
$2,653/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $5,165,000 $1,617 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $52,516/month

50 Days on Market

Highlights

  • Property has ocean access
  • Pool and Spa
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Waterfront
  • Bermuda Architecture

About This Home

As of March 2021

Perfectly located in the ''near'' North End, this gracious and pristine one story Bermuda has an easy living floorplan and is well scaled with ultra high ceilings. It has 3 BR/5.5 Bathrooms plus library and is beautifully appointed with quality millwork, hardwood floors, open kitchen/family room, formal dining room, lovely pool/patio, fireplaces, impact glass and a 2 car garage. Close to the beach and lake trail.

Last Agent to Sell the Property

Dana Koch

The Corcoran Group License #3027862 Listed on: 11/24/2020

The Corcoran Group

Co-Listed By

Paulette Koch

The Corcoran Group License #3068398

Last Buyer's Agent

STEPHANIE LEFES

Lowell Int'l Realty Group. Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,709

Year Built

  • Built in 2001

Lot Details

  • 0.26 Acre Lot
  • Waterfront
  • Home has North and South Exposure
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned 0100 SINGLE FAMILY - GENERAL, 0100 SINGLE FAMILY -

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 3,195 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Casement Windows

Kitchen

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

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tropic Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434310040000510

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,709

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 100
  • Subdivision Name: Tropic Isle
  • Architectural Style: Bermuda
  • Garage Yn: Yes
  • Year Built: 2001
  • Location Tax Legal:Zoned: 0100 SINGLE FAMILY - GENERAL
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 50709.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 3195.0
  • 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
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 100
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Impact Glass - Full: Yes
  • Style:Bermuda: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 11326
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • ACHeat:Multi Zone Air: Yes
  • Windows:Casement: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Gas, Oven-Single, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Marble, Tile
  • Interior Amenities: Cable, Ceiling Fan, Fireplace
  • Living Area: 3195.0
  • Window Features: Casement, Impact Glass-Full
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Ocean Access-No Deed, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Pool/Spa: Yes
  • Exterior Features:Ocean Access-No Deed: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached
  • Garage: Yes
  • Garage:_two_ Car: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 11326.0
  • Parcel #: 50434310040000510
  • Zoning: 0100 SINGLE FAMILY -
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 50709.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Mar 19, 2021
Sold by
Epperson W Gray
Bought by
Burt Cole Oliver and Burt Montressa
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
STEPHANIE LEFES
Lowell Int'l Realty Group. Inc
List Price
$5,165,000
Sold Price
$5,165,000
Current Estimated Value
$8,476,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,311,480
Avg. Annual Appreciation
11.83%

Purchase Details

Listed on
Oct 17, 2017
Closed on
Mar 2, 2018
Sold by
Spero Rand K and Neuberger Berman Trust
Bought by
Epperson W Gray
Seller's Agent
CHRISTINE FRANKS
WILSHIRE INTL. REALTY
Buyer's Agent
GARY POHRER
THE CORCORAN GROUP 2435
List Price
$3,125,000
Sold Price
$3,125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.85%

Purchase Details

Closed on
Mar 27, 2008
Sold by
Spero Rand K
Bought by
Spero Rand K

Purchase Details

Closed on
Mar 25, 2005
Sold by
Spero Elaine G
Bought by
Spero Rand K

Purchase Details

Closed on
Dec 10, 2002
Sold by
Durach Development Ltd
Bought by
Spero Elaine G

Purchase Details

Closed on
Aug 3, 1999
Sold by
Casscells Oleda D
Bought by
Durach Development Ltd
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
Burt Cole Oliver $5,165,000 Attorney
Epperson W Gray $3,125,000 Attorney
Spero Rand K -- Attorney
Spero Rand K $2,200,000 --
Spero Elaine G $2,200,000 --
Durach Development Ltd $500,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $5,165,000 0.0% $1,617 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $5,165,000 +65.3% $1,617 / Sq Ft
03/02/2018 03/02/18 Sold $3,125,000 0.0% $978 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
10/17/2017 10/17/17 For Sale $3,125,000 -- $978 / 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 $77,025 $5,155,743 -- --
2023 $75,426 $5,005,576 $0 $0
2022 $75,555 $4,859,783 $0 $0
2021 $54,510 $3,302,217 $2,551,000 $751,217
2020 $50,709 $3,018,848 $2,268,375 $750,473
2019 $47,747 $2,780,175 $2,070,000 $710,175
2018 $43,134 $2,590,056 $1,984,856 $605,200
2017 $49,522 $3,445,831 $2,157,453 $1,288,378
2016 $44,644 $2,325,325 $0 $0
2015 $41,978 $2,113,932 $0 $0
2014 $39,226 $1,921,756 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-2056

APN: 50-43-43-10-04-000-0510