NOT LISTED FOR SALE

Estimated Value: $7,434,000 - $8,717,000

5 Beds
5.5 Baths
3,328 Sq Ft
$2,474/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $3,800,000 $1,142 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $48,826/month

214 Days on Market

Highlights

  • Above Ground Pool
  • Wood Flooring
  • Separate Shower in Primary Bathroom
  • Palm Beach Public School Rated A-
  • No HOA
  • Closet Cabinetry

About This Home

As of November 2019

Beautifully designed, renovated by the renowned Sciame Homes, situated on the North End Palm Beach. Easy access to the beach and the Palm Beach bike trail. This quintessential beach home offers a large open floor plan with 5 oversized bedrooms, each include an en-suite bathroom, and a guest suite on the second floor that leads into a sundrenched panoramic rooftop entertainment deck. Each room is equipped with high-end finishes and custom fixtures. Enjoy the outdoor oasis in the spacious backyard with a manicured lawn, a 40' lap pool and two seating areas.

Last Agent to Sell the Property

Chris Leavitt

Douglas Elliman License #3232586 Listed on: 04/12/2019

Douglas Elliman

Co-Listed By

Ashley McIntosh

Douglas Elliman License #476962

Last Buyer's Agent

Todd Peter

Sotheby's Intl. Realty, Inc. License #3049697

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,358

Year Built

  • Built in 1950

Lot Details

  • 0.26 Acre Lot
  • North Facing Home

Parking

  • 2 Car Garage

Home Design

  • Frame Construction

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Laundry Tub

Additional Features

  • Above Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ocean Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303030000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,358

Year Built

Built in 1950

Lot Details

0.26 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North End of Palm Beach Island, in between Ocean Terrace and Seagate Rd.
  • Year Built: 1950
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Bathtub, Closet Cabinetry, Main Level Primary, Storage, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Microwave, Trash Compactor
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Wood
  • Living Area: 3328.0
  • Stories: 2

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Above Ground
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Frame, Stucco
  • Direction Faces: North
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Laundry Features: Inside, In Garage, Laundry Tub
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 50434303030000030
  • Lot Size Acres: 0.26
  • Lot Size: 100.0 ft x 113.0 ft
  • Lot Size Sq Ft: 11325.6
  • Mobile Dim Units: Feet
  • Zoning: R-B(ci

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 41358.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
Nov 20, 2019
Sold by
Palm Beach Angler Llc
Bought by
Smith Gary
Seller's Agent
Chris Leavitt
Douglas Elliman
Buyer's Agent
Todd Peter
Sotheby's Intl. Realty, Inc.
List Price
$4,788,000
Sold Price
$3,800,000
Premium/Discount to List
-$988,000
-20.63%
Current Estimated Value
$8,232,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,432,297
Avg. Annual Appreciation
13.01%

Purchase Details

Listed on
Sep 12, 2011
Closed on
May 2, 2012
Sold by
Stevens Mark
Bought by
Palm Beach Angler Llc
Seller's Agent
Sonja Stevens
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$2,250,000
Sold Price
$1,850,000
Premium/Discount to List
-$400,000
-17.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%
Original Mortgage
$1,387,500
Interest Rate
4.13%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 5, 2004
Sold by
Lowham Mark C and Ruzzo Joseph A
Bought by
Stevens Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2002
Sold by
Smithers Christopher Brinkley and Smithers C
Bought by
Lowham Mark C and Ruzzo Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 1999
Sold by
Finnegan Brent J and Finnegan Karen W
Bought by
Morgan Guaranty Trust Co

Purchase Details

Closed on
Sep 16, 1997
Sold by
Minars Allen
Bought by
Finnegan Brent and Finnegan Karen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
7.39%
Mortgage Type
New Conventional
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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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
Smith Gary $3,572,280 Attorney
Palm Beach Angler Llc $1,850,000 Attorney
Stevens Mark $2,050,000 --
Lowham Mark C -- --
Lowham Mark C $1,400,000 --
Morgan Guaranty Trust Co $1,000,000 --
Finnegan Brent $760,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palm Beach Angler Llc $1,387,500
Previous Owner Stevens Mark $1,500,000
Previous Owner Lowham Mark C $980,000
Previous Owner Finnegan Brent $608,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2019 11/20/19 Sold $3,800,000 -20.6% $1,142 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $4,788,000 +158.8% $1,439 / Sq Ft
05/02/2012 05/02/12 Sold $1,850,000 -17.8% $704 / Sq Ft View Prior Sale
04/02/2012 04/02/12 Pending -- -- --
09/13/2011 09/13/11 For Sale $2,250,000 -- $857 / 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 $71,917 $4,951,827 -- --
2024 $71,917 $4,812,271 -- --
2023 $70,420 $4,672,108 $0 $0
2022 $70,539 $4,536,027 $0 $0
2021 $50,427 $3,050,590 $2,475,357 $575,233
2020 $48,403 $2,879,055 $2,300,161 $578,894
2019 $45,186 $2,670,154 $2,091,055 $579,099
2018 $41,358 $2,658,932 $2,091,055 $567,877
2017 $37,945 $2,336,745 $1,987,470 $349,275
2016 $36,462 $1,951,169 $0 $0
2015 $34,274 $1,773,790 $0 $0
2014 $31,562 $1,612,536 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10521397

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-03-03-000-0030

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