NOT LISTED FOR SALE

231 Seaspray Ave Palm Beach, FL 33480

Estimated Value: $8,266,000 - $9,084,844

3 Beds
4 Baths
3,096 Sq Ft
$2,767/Sq Ft Est. Value

Last Sold December 15, 2016

Last sale price $3,500,000 $1,130 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $49,507/month

25 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Garden View
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Mediterranean Architecture

About This Home

As of December 2016

Fully-renovated Mediterranean home on coveted midtown “Sea” street! Built in 1926, this 3BR/4BA house offers light-filled spaces, high ceilings, a gourmet kitchen, new bathrooms, and a private courtyard & garden

Last Agent to Sell the Property

LISA WILKINSON

Douglas Elliman License #3254735 Listed on: 10/21/2016

Douglas Elliman

Co-Listed By

Cara McClure

Douglas Elliman License #3177951

Last Buyer's Agent

Elizabeth DeWoody

Compass Florida LLC License #3293657

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,960

Year Built

  • Built in 1926

Lot Details

  • 6,125 Sq Ft Lot
  • South Facing Home
  • Interior Lot
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • On-Street Parking

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Frame Construction

Interior Spaces

  • 3,096 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Casement Windows
  • French Doors
  • Florida or Dining Combination
  • Wood Flooring
  • Garden Views
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Sinks

Schools

  • Palm Beach Public Elementary School

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Poinciana Park 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434322070004340

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,960

Year Built

Built in 1926

Lot Details

6,125 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: East on Royal Palm Way, north on South County Road, left on Seaspray Avenue.
  • Year Built: 1926
  • Architectural Style: Mediterranean
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Area, Cathedral Ceiling(s), Dual Sinks, Family/Dining Room, High Ceilings, Main Level Primary, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 3096.0
  • Stories: 2
  • Window Features: Casement Window(s), Storm Window(s)

Exterior Features

  • View: Garden
  • Lot Features: Interior Lot, Sprinkler System, < 1/4 Acre
  • Pool Private: Yes
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Special Assessment
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Garage Yn: No
  • Parking Features: On Street

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Schools

  • Elementary School: Palm Beach Public

Lot Info

  • Parcel #: 50434322070004340
  • Lot Size Acres: 0.14
  • Lot Size: 50.0 ft x 0.0 ft
  • Lot Size Sq Ft: 6098.4
  • Mobile Dim Units: Feet
  • Zoning: R-B(ci

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 36959.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2016
Closed on
Dec 15, 2016
Sold by
Gulf South Reo Llc
Bought by
Trouille Andre and Trouille Ellen
Seller's Agent
LISA WILKINSON
Douglas Elliman
Buyer's Agent
Elizabeth DeWoody
Compass Florida LLC
List Price
$3,750,000
Sold Price
$3,500,000
Premium/Discount to List
-$250,000
-6.67%
Current Estimated Value
$8,567,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,067,948
Avg. Annual Appreciation
10.24%

Purchase Details

Listed on
Jun 2, 2014
Closed on
Sep 26, 2014
Sold by
Gillespie M Joan and Mchugh Robert J
Bought by
Gulf South Reo Llc
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
Carol Sollak
Engel & Volkers Wellington
List Price
$2,695,000
Sold Price
$2,500,000
Premium/Discount to List
-$195,000
-7.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.45%
Original Mortgage
$1,150,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 1995
Sold by
Mchugh Gillespie M and Mchugh Robert J
Bought by
Gillespie M Joan and Mchugh Robert J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Trouille Andre $3,500,000 Title Insurance Agency
Gulf South Reo Llc $2,500,000 Attorney
Gillespie M Joan $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gulf South Reo Llc $1,150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2016 12/15/16 Sold $3,500,000 -6.7% $1,130 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
10/21/2016 10/21/16 For Sale $3,750,000 +50.0% $1,211 / Sq Ft
09/30/2014 09/30/14 Sold $2,500,000 -7.2% $807 / Sq Ft View Prior Sale
08/31/2014 08/31/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $2,695,000 -- $870 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $64,422 $3,971,736 -- --
2024 $64,422 $3,610,669 -- --
2023 $58,418 $3,282,426 $2,684,725 $1,878,781
2022 $54,763 $2,984,024 $0 $0
2021 $44,946 $2,712,749 $1,610,875 $1,101,874
2020 $46,445 $2,760,334 $1,479,188 $1,281,146
2019 $49,540 $2,899,123 $1,710,000 $1,189,123
2018 $45,464 $2,942,184 $1,842,067 $1,100,117
2017 $40,149 $2,356,007 $1,674,606 $681,401
2016 $39,423 $2,258,928 $0 $0
2015 $36,960 $2,053,571 $0 $0
2014 $14,724 $841,306 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10276758

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-22-07-000-4340

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