$22,990,650
SOLD APR 19, 2021
8 Beds
13 Baths
10,789 Sq Ft
0.54 Acres

Recently Sold

$2,131 Per Sq Ft

10% Below List Price

70 Days on Market

Highlights

  • Private Pool
  • Garage Apartment
  • Sun or Florida Room
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Den

About This Home

As of May 2022

Resort Style Living in Phipps Estates. You won't want to leave! Enjoy this masterful 15,835 SF seven bedroom estate on over an acre complete with tennis court with viewing loggia, summer kitchen, cabana with fireplace, garden pagoda, heated pool, multi-car garage, impeccable landscaping. Phipps Estates has a residents' association (HOA) with ala carte services provided by a local property management firm.

Last Agent to Sell the Property

JIM McCANN

Premier Estate Properties, Inc License #397290 Listed on: 01/08/2021

Last Buyer's Agent

JIM McCANN

Premier Estate Properties, Inc License #397290 Listed on: 01/08/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $226,016

Year Built

  • Built in 1996

Lot Details

  • Property is zoned RB

HOA Fees

  • $1,100 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Apartment
  • Garage Door Opener

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 10,789 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Bar
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Open Floorplan
  • Den
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available
  • TV Antenna

Community Details

  • Phipps Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314290000020

Home Details

Home Type

Single Family

Est. Annual Taxes

$226,016

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,100 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Flagler Memorial Bridge to Palm Beach to County Rd N. go north on County Rd to Phipps Estates.
  • Year Built: 1996
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Entrance Foyer, Elevator, Family/Dining Room, French Door(s)/Atrium Door(s), Fireplace, Kitchen/Dining Combo, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 6
  • Total Bedrooms: 8
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Living Area: 10789.0
  • Dining Room Type: Den, Family Room, Garage Apartment, Laundry, Dining Room, Florida Room
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, TV Antenna
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available

Condo/Co-op/Association

  • Association Fee: 1100.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434314290000020
  • Lot Size Sq Ft: 1.0
  • Zoning Description: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 226016.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2024
Sold by
228 Vlb Land Trust and Bruno Christian S
Bought by
Via Las Brisas Llc
Current Estimated Value
$22,603,218

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 11, 2022
Sold by
228 Via Las Brisas Llc
Bought by
228 Vlb Land Trust
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc
Buyer's Agent
Kerry Warwick
The Corcoran Group
List Price
$19,900,000
Sold Price
$18,224,000
Premium/Discount to List
-$1,676,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%

Purchase Details

Closed on
Aug 20, 2021
Sold by
228 Via Las Brisas Llc
Bought by
230 Via Las Brisas Llc

Purchase Details

Listed on
Jan 8, 2021
Closed on
Apr 19, 2021
Sold by
228 Las Brisas Corporation
Bought by
228 Via Las Brisas Llc
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc
Buyer's Agent
JIM McCANN
Premier Estate Properties, Inc
List Price
$25,500,000
Sold Price
$22,990,650
Premium/Discount to List
-$2,509,350
-9.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.11%

Purchase Details

Closed on
Apr 14, 1997
Sold by
Phipps Lot 2 Corp
Bought by
Max & Jill Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
7.69%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 12, 1996
Sold by
Phipps Estates Ltd Partnership
Bought by
Phipps Lot 2 Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
7.29%
Source: Public Records

Range of Values:

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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
Deed -- None Listed On Document
Warranty Deed $18,224,000 Rabideau Klein
Warranty Deed -- Accommodation
Warranty Deed $22,990,650 Attorney
Deed $1,300,000 --
Deed $1,150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,500,000 Balloon
Previous Owner $2,500,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $18,224,000 -8.4% $1,689 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $19,900,000 -13.4% $1,844 / Sq Ft
04/19/2021 04/19/21 Sold $22,990,650 -9.8% $2,131 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $25,500,000 -- $2,364 / Sq Ft
Source: BeachesMLS

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 $191,030 $12,745,620 -- --
2023 $187,241 $12,381,650 $12,381,650 $0
2022 $144,167 $9,216,200 $0 $0
2021 $249,024 $15,627,216 $9,606,154 $6,021,062
2020 $226,016 $13,602,373 $8,995,252 $4,607,121
2019 $227,314 $13,396,497 $8,745,384 $4,651,113
2018 $250,502 $15,873,327 $11,117,260 $4,756,067
2017 $233,927 $14,583,569 $9,038,423 $5,545,146
2016 $223,799 $12,280,673 $0 $0
2015 $218,736 $11,164,248 $0 $0
2014 $203,617 $10,149,316 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10682888

BeachesMLS

APN: 50-43-43-14-29-000-0020