NOT LISTED FOR SALE

Estimated Value: $4,508,000 - $5,858,220

6 Beds
6 Baths
5,165 Sq Ft
$998/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $2,050,000 $397 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $30,663/month

42 Days on Market

Highlights

  • Guest House
  • Waterfront
  • Lanai
  • Cabana
  • Wood Flooring
  • Wine Refrigerator

About This Home

As of June 2017

Stylishly appointed and magnificently maintained this stunning 5 bedroom, 5.5-bathroom main house with a detached 1 bedroom, 1 bath guest cottage is turnkey, move in ready and available for sale. Built in 2006, the homes gracious floor plan allows for privacy, if desired, as well as ample room for entertaining family & friends. Incorporating a split floor plan with 2 levels of living & resting space this home is perfect for any family with its 6,342 total square feet of living space. Each guest bedroom is equipped with a ensuite custom full bathroom while the master bedroom/ bathroom is generous in size and elegant in design.Recently renovated and upgraded, the home now features full impact glass windows throughout as well as Sub Zero and Wolf kitchen appliances.

Step outside, open the French doors that lead to your private backyard oasis and experience all of South Florida's splendor. The lush, highly maintained landscaping transcends your mind and is reminiscent of a Five-Star resort on the island. Guests make their way to the detached cottage while walking on coquina tile and passing the tranquil swimming pool and covered logia.

Located in the heart of South Olive Elementary and East of Olive, residents have access to Flagler Drive bike path, the Intracoastal waterway and one of the premier public elementary schools in the Palm Beach County, South Olive Elementary.

Last Agent to Sell the Property

Sabra Kirkpatrick

Brown Harris Stevens of Palm Beach 7232 License #SL3228432 Listed on: 04/05/2017

Brown Harris Stevens of Palm Beach 7232

Co-Listed By

Lauren Greaves

Brown Harris Stevens of Palm Beach 7232 License #SL-3278946

Last Buyer's Agent

Shannon Reed

Sotheby's International Realty, Inc. License #3115910

Sotheby's International Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,868

Year Built

  • Built in 2006

Lot Details

  • 0.3 Acre Lot
  • Waterfront
  • South Facing Home
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned SF7

Parking

  • Attached Garage

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,165 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Dining Room
  • Library
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Pool

  • Cabana
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Lanai

Additional Homes

  • Guest House

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ellamar Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 74434403180000810

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,868

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: 100
  • Subdivision Name: Ellamar
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Year Built: 2006
  • Location Tax Legal:Zoned: SF7
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 25868.0
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 5165.0
  • 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): 100
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 13068
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Roof:Metal: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Instant Hot Water, Range-Gas, Oven-Double, Microwave, Washer, Dryer, Central Vac System
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Hardwood
  • Interior Amenities: Bidet, Cable, Ceiling Fan
  • Living Area: 5165.0
  • Window Features: Impact Glass-Full
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Bidet: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes
  • Appliances:Instant Hot Water: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Cabana, Fence-Back Wall, Sprinkler System, Guesthouse/Cottage
  • Roof: Metal
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Cabana: Yes
  • Exterior Features:GuesthouseCottage: Yes

Garage/Parking

  • Parking Features: Attached
  • 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: 13068.0
  • Parcel #: 74434403180000810
  • Zoning: SF7
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 25868.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2017
Closed on
Jun 21, 2017
Sold by
Kirwan John S and Kirwan Blair G
Bought by
Sory John Birdsall and Sory June
Seller's Agent
Sabra Kirkpatrick
Brown Harris Stevens of Palm Beach 7232
Buyer's Agent
Shannon Reed
Sotheby's International Realty, Inc.
List Price
$2,050,000
Sold Price
$2,050,000
Current Estimated Value
$5,156,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,106,805
Avg. Annual Appreciation
11.94%

Purchase Details

Listed on
Jan 7, 2013
Closed on
Mar 14, 2013
Sold by
Derkacht Gregory and Mallick Jacqueline
Bought by
Kirwan John S and Kirwan Blair G
Seller's Agent
LUCY BAUER
BARRETT WELLES PROPERTY GROUP LLC
Buyer's Agent
GARY POHRER
THE CORCORAN GROUP 2435
List Price
$1,475,000
Sold Price
$1,475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$885,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2009
Sold by
Moynihan Carla M and Dinitto Lewis J
Bought by
Derkacht Gregory and Derkacht Jacqueline

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
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2006
Sold by
Benitz Building Llc
Bought by
Rosen Henry M and Dinitto Lewis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,568,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2005
Sold by
Mccann James L and Mccann Sara B
Bought by
Benitz Building Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 20, 2004
Sold by
Forman Kelly and Forman Mimi B
Bought by
Mccann James L and Mccann Sara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
5.75%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 13, 1998
Sold by
Forman Mimi B
Bought by
Forman Jill and Forman Kelly
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sory John Birdsall $2,050,000 Equity Land Title Llc
Kirwan John S $1,475,000 Attorney
Derkacht Gregory $1,700,000 Attorney
Rosen Henry M $2,537,500 Attorney
Benitz Building Llc $500,000 --
Mccann James L $500,000 --
Forman Jill $44,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kirwan John S $885,000
Previous Owner Derkacht Gregory $1,100,000
Previous Owner Rosen Henry M $2,568,000
Previous Owner Benitz Building Llc $1,300,000
Previous Owner Mccann James L $1,120,000
Previous Owner Forman Jill $40,000
Previous Owner Forman Jill $101,787
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $2,050,000 0.0% $397 / Sq Ft
06/23/2017 06/23/17 Sold $2,050,000 0.0% $397 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
05/17/2017 05/17/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $2,050,000 -17.8% $397 / Sq Ft
12/16/2016 12/16/16 For Sale $2,495,000 +69.2% $483 / Sq Ft
03/14/2013 03/14/13 Sold $1,475,000 0.0% $286 / Sq Ft
03/14/2013 03/14/13 Sold $1,475,000 0.0% $286 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
02/12/2013 02/12/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $1,475,000 -22.3% $286 / Sq Ft
12/14/2011 12/14/11 For Sale $1,899,000 -- $368 / 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 $31,427 $1,564,436 -- --
2023 $30,711 $1,518,870 $0 $0
2022 $30,478 $1,474,631 $0 $0
2021 $30,497 $1,431,681 $0 $0
2020 $30,370 $1,411,914 $0 $0
2019 $29,952 $1,380,170 $0 $0
2018 $28,613 $1,354,436 $0 $0
2017 $25,868 $1,211,932 $0 $0
2016 $25,868 $1,187,005 $0 $0
2015 $26,397 $1,178,754 $0 $0
2014 $29,796 $1,313,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-2744

APN: 74-43-44-03-18-000-0810