NOT LISTED FOR SALE

Estimated Value: $7,869,000 - $11,945,232

4 Beds
4 Baths
3,972 Sq Ft
$2,309/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $13,500,000 $3,399 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $60,261/month

146 Days on Market

Highlights

  • Property has ocean access
  • Gas Heated Pool
  • Contemporary Architecture
  • Palm Beach Public School Rated A-
  • Waterfront
  • Marble Flooring

About This Home

As of March 2024

This spacious in-town residence has just undergone an extraordinary two-year renovation. Eleven foot ceilings in the main living spaces capture natural light and highlight the space's pristine contemporary finishes and just-installed wide plank bleached oak floors. A sculptural modern glass railing on the new stairway adds even more sparkle. That kind of careful consideration was applied to every detail-the new kitchen is equipped with top-of-the-line appliances and the primary bathroom is finished like a high end spa. Nothing was left untouched-new bathrooms, new electrical, new AC, new pool terrace and more. A truly stunning finished product and location, location, location. Just one street south of Dunbar and a very short stroll to churches, Publix supermarket, Royal Poinciana Plaza shops and restaurants, the beach and the Lake Trail.

Last Agent to Sell the Property

Lisa Cregan

Sotheby's International Realty, Inc. License #SL-3389810 Listed on: 10/11/2023

Sotheby's International Realty, Inc.

Co-Listed By

John Cregan

Sotheby's International Realty, Inc. License #3439962

Last Buyer's Agent

Adam McPherson

Douglas Elliman License #SL-3331204

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,493

Year Built

  • Built in 2007

Lot Details

  • 7,405 Sq Ft Lot
  • Waterfront
  • Home has North and South Exposure
  • Back Yard Fenced
  • Property is zoned R-C - Medium Density Residential, R-C - Medium Density

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,972 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Sound System
  • Fireplace
  • Dining Room
  • Library
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • Orange Grove Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434315030000230

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,493

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 75'
  • Subdivision Name: Orange Grove Park
  • Directions: from the North Bridge, turn left on to N Lake Way, then right onto Atlantic. Free one hour parking at eastern end of the block.
  • Architectural Style: Contemporary, Mediterranean, Two Story
  • Year Built: 2007
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 61493.32
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 3972.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: 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): 75'
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 7405
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Style:Mediterranean: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble
  • Interior Amenities: Elevator, Fireplace, Sound System, Smoke Detectors, Storage, Wet Bar, Pantry
  • Living Area: 3972.0
  • Window Features: Impact Glass-Full
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Fresh Water, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Ocean Access-No Deed, Impact Doors, Impact Windows
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: 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, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 50434315030000230
  • Zoning: R-C - Medium Density
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 61493.32
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Mar 20, 2024
Sold by
Linda Saligman Revocable Trust and Saligman Linda
Bought by
230 Atlantic Llc
Seller's Agent
Lisa Cregan
Sotheby's International Realty, Inc.
Buyer's Agent
Adam McPherson
Douglas Elliman
List Price
$14,750,000
Sold Price
$13,500,000
Premium/Discount to List
-$1,250,000
-8.47%
Total Days on Market
146
Views
175
Current Estimated Value
$9,171,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,328,192
Avg. Annual Appreciation
-27.74%

Purchase Details

Closed on
Jul 18, 2019
Sold by
Ramsing Byron L
Bought by
Saligman Linda and The Linda Saligman Revocable T

Purchase Details

Listed on
Feb 2, 2018
Closed on
Dec 12, 2018
Sold by
Knop J Richard and Belluchie Leslee Helene
Bought by
Ramsing Byron L
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
JEAN LEMBCKE
The Corcoran Group
List Price
$4,480,000
Sold Price
$4,480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%

Purchase Details

Listed on
Feb 3, 2016
Closed on
Jun 9, 2016
Sold by
Waf Florida Properties Llc
Bought by
Knop J Richard and Belluchie Lestee Helene
Seller's Agent
STEVE HALL
HALL REAL ESTATE
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$4,100,000
Sold Price
$4,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%

Purchase Details

Closed on
Sep 28, 2015
Sold by
Taylor Bruce M
Bought by
Waf Florida Porperties Llc

Purchase Details

Listed on
Oct 23, 2012
Closed on
Dec 28, 2012
Sold by
230 Atlantic Llc
Bought by
Taylor Bruce M and Bruce M Taylor Trust
Seller's Agent
Crista Ryan
Tina Fanjul Associates, Inc.
Buyer's Agent
GREGORY WEADOCK
BARCLAYS INTERNATIONAL REALTY
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
11.02%

Purchase Details

Closed on
Mar 4, 2011
Sold by
Orange Grove Park Llc
Bought by
230 Atlantic Llc

Purchase Details

Closed on
Oct 30, 2003
Sold by
Evans Alan J
Bought by
Lot23/25 Orange Grove Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 27, 1999
Sold by
Arthur E Blank Tr and Norma J B Nunn Tr
Bought by
Evans Alan J
Source: Public Records

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Range of Values:

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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
230 Atlantic Llc $13,500,000 None Listed On Document
Saligman Linda $3,998,575 Attorney
Ramsing Byron L $4,480,000 Attorney
Knop J Richard $3,877,000 None Available
Waf Florida Porperties Llc $3,750,000 Old Republic Natl Title Ins
Taylor Bruce M $2,500,000 Attorney
230 Atlantic Llc $2,500,000 Attorney
Lot23/25 Orange Grove Park Llc $625,000 --
Evans Alan J $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saligman Linda $750,000
Previous Owner Knop Richared J $2,000,000
Previous Owner Bruce M Taylor Trust $6,000,000
Previous Owner Orange Grove Park Llc $3,200,000
Previous Owner Lot 2 Orange Grove Park Llc $2,135,000
Previous Owner Lot 23 & 25 Orange Grove Park Llc $1,630,000
Previous Owner Lot23/25 Orange Grove Park Llc $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $13,500,000 -8.5% $3,399 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
10/11/2023 10/11/23 For Sale $14,750,000 +229.2% $3,713 / Sq Ft
12/14/2018 12/14/18 Sold $4,480,000 0.0% $1,128 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $4,480,000 +9.3% $1,128 / Sq Ft
06/24/2016 06/24/16 Sold $4,100,000 0.0% $1,032 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $4,100,000 +64.0% $1,032 / Sq Ft
12/28/2012 12/28/12 Sold $2,500,000 0.0% $629 / Sq Ft
12/28/2012 12/28/12 Sold $2,500,000 0.0% $629 / Sq Ft
12/27/2012 12/27/12 Pending -- -- --
11/28/2012 11/28/12 Pending -- -- --
10/23/2012 10/23/12 For Sale $2,500,000 -28.6% $629 / Sq Ft
11/14/2011 11/14/11 For Sale $3,500,000 -- $881 / 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 $107,075 $4,734,472 -- --
2023 $75,031 $4,304,065 $0 $0
2022 $61,493 $3,912,786 $0 $0
2021 $63,049 $3,828,465 $2,127,500 $1,700,965
2020 $65,523 $3,917,022 $2,000,000 $1,917,022
2019 $69,901 $4,095,362 $1,920,000 $2,175,362
2018 $67,585 $4,130,288 $1,944,243 $2,186,045
2017 $58,021 $3,428,995 $1,530,900 $1,898,095
2016 $50,779 $2,942,352 $0 $0
2015 $42,179 $2,384,442 $0 $0
2014 $42,382 $2,365,518 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 23-1591

APN: 50-43-43-15-03-000-0230