NOT LISTED FOR SALE

Estimated Value: $7,506,000 - $13,194,356

6 Beds
8 Baths
11,653 Sq Ft
$888/Sq Ft Est. Value

Last Sold November 10, 2014

Last sale price $5,500,000 $472 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $66,953/month

66 Days on Market

Highlights

  • Home Theater
  • Gas Heated Pool
  • Waterfront
  • Palm Beach Public School Rated A-
  • Garage Apartment
  • Traditional Architecture

About This Home

As of November 2014

Renovate or build new on this rare oversized lot with good elevation on one of the island's most prestigious streets. This 6 Bedroom, 8 1/2 bath house makes superb use of its impressive and ample proportions, crown moldings, hardwood floors, fireplaces, endless storage, 2 garages, elevator, 2 dining rooms and 2 loggias.

Last Agent to Sell the Property

JOHANNA KENDALL

Brown Harris Stevens of Palm Beach 0039 Listed on: 08/22/2014

Co-Listed By

Anne Hamilton

Brown Harris Stevens of Palm Beach 5225

Last Buyer's Agent

Linda R Olsson

Linda R. Olsson Inc. License #BK432027

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,626

Year Built

  • Built in 1947

Lot Details

  • Waterfront
  • North Facing Home
  • Back Yard Fenced
  • Property is zoned RB

Home Design

  • Traditional Architecture
  • Concrete Block And Stucco Construction

Interior Spaces

  • 11,653 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Ceiling Fan
  • Fireplace
  • Double Hung Windows
  • Dining Room
  • Home Theater
  • Library
  • Storage
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 8 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Apartment

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Stotesbury Park Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434314060000271

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,626

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 187.50
  • Subdivision Name: Stotesbury Park
  • Architectural Style: Traditional, Two Story
  • Garage Yn: Yes
  • Year Built: 1947
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 45626.0
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Living Area: 11653.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 187.50
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Style:Two Story: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • ACHeat:Units Air: Yes
  • Windows:Double Hung: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable, Ceiling Fan, Elevator, Fireplace, Smoke Detectors, Storage, Wet Bar, Wndw Trmnts Included, Pantry
  • Living Area: 11653.0
  • Window Features: Double Hung
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: 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
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Interior Features:Wet Bar: Yes
  • Other Rooms:Media Room: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre
  • 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
  • Roof: Other
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes

Garage/Parking

  • Other Rooms:Garage Apartment: Yes

Utilities

  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat, Units Air
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434314060000271
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 45626.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Ward Charles G and Ward Donna R
Bought by
Ward Family Trust and Ward
Total Days on Market
66
Current Estimated Value
$10,350,178

Purchase Details

Listed on
Aug 22, 2014
Closed on
Nov 10, 2014
Sold by
Gamot Albert J
Bought by
Ward Donna R and Ward Charles G
Seller's Agent
JOHANNA KENDALL
Brown Harris Stevens of Palm Beach 0039
Buyer's Agent
Linda R Olsson
Linda R. Olsson Inc.
List Price
$5,500,000
Sold Price
$5,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%

Purchase Details

Closed on
Feb 18, 2010
Sold by
Ramsing Annette R
Bought by
Ramsing Annette R

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
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2005
Sold by
Ramsing Annette R and Fick Ronald
Bought by
Ramsing Annette R

Purchase Details

Closed on
Sep 19, 1997
Sold by
Ramsing Byron L and Ramsing Annette R
Bought by
Ramsing Byron L and Ramsing Annette R
Source: Public Records

Range of Values:

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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
Ward Family Trust -- None Listed On Document
Ward Family Trust -- None Listed On Document
Ward Donna R $5,500,000 Attorney
Ramsing Annette R -- Attorney
Ramsing Annette R -- Horizon Title Services Inc
Ramsing Byron L $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramsing Annette R $2,600,000
Previous Owner Ramsing Annette R $2,500,000
Previous Owner Ramsing Annette R $1,500,000
Previous Owner Ramsing Annette R $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2014 11/10/14 Sold $5,500,000 0.0% $472 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
08/22/2014 08/22/14 For Sale $5,500,000 -- $472 / 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 $144,285 $9,594,911 -- --
2023 $141,262 $9,315,448 $0 $0
2022 $141,526 $9,044,124 $0 $0
2021 $144,015 $8,780,703 $0 $0
2020 $144,334 $8,659,470 $0 $0
2019 $144,075 $8,464,780 $0 $0
2018 $136,900 $8,306,948 $0 $0
2017 $136,531 $8,108,815 $0 $0
2016 $119,219 $6,704,618 $0 $0
2015 $109,364 $6,095,107 $0 $0
2014 $46,574 $2,596,519 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-1698

APN: 50-43-43-14-06-000-0271