NOT LISTED FOR SALE

233 Arabian Rd Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $8,211,000 - $14,644,725

4 Beds
3 Baths
2,818 Sq Ft
$3,866/Sq Ft Est. Value

Last Sold April 13, 2017

Last sale price $2,400,000 $852 Per Sq Ft

Est. 354% increase in value since last sale

Current estimated payment $71,437/month

22 Days on Market

Highlights

  • Property has ocean access
  • Outdoor Pool
  • Bermuda Architecture
  • Palm Beach Public School Rated A-
  • Waterfront
  • Lanai

About This Home

As of April 2017

This home is located at 233 Arabian Rd, Palm Beach, FL 33480 since 01 February 2017 and is currently estimated at $10,894,908, approximately $3,866 per square foot. This property was built in 1964. 233 Arabian Rd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

Last Agent to Sell the Property

Dana Koch

The Corcoran Group License #3027862 Listed on: 02/01/2017

The Corcoran Group

Co-Listed By

Paulette Koch

The Corcoran Group License #3068398

The Corcoran Group

Last Buyer's Agent

Paulette Koch

The Corcoran Group License #3068398

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,357

Year Built

  • Built in 1964

Lot Details

  • 0.3 Acre Lot
  • Waterfront
  • Home has North and South Exposure
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned RB

Parking

  • 2 Car Attached Garage

Home Design

  • Bermuda Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,818 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Dining Room
  • Storage
  • Terrazzo Flooring

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Gas Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Property has ocean access
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Boca Raton Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434234020000641

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,357

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: IRREG
  • Subdivision Name: Boca Raton Co
  • Architectural Style: Bermuda, One Story
  • Garage Yn: Yes
  • Year Built: 1964
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 36357.0
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 2818.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): IRREG
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Sliding: Yes
  • Style:Bermuda: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 13068
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Style:One Story: Yes
  • Windows:Single Hung: Yes
  • Pool:Heated - Electric: Yes
  • Floors:Terrazzo: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Gas, Oven-Single, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Terrazzo, Other Flooring
  • Interior Amenities: Ceiling Fan, Storage
  • Living Area: 2818.0
  • Window Features: Single Hung, Sliding
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Heated - Electric
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Ocean Access-No Deed, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Sprinkler System: 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: Other Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: Yes
  • Lot Size Sq Ft: 13068.0
  • Parcel #: 50434234020000641
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 36357.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2021
Sold by
233 Arabian Llc
Bought by
Mactaggart Ian and Mactaggart Christine
Current Estimated Value
$10,894,908

Purchase Details

Closed on
Jul 11, 2019
Sold by
Yahn William David and Fratta John J
Bought by
233 Arabian Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Interest Rate
3.82%
Mortgage Type
Balloon

Purchase Details

Listed on
Feb 1, 2017
Closed on
Apr 13, 2017
Sold by
Weinberg Max Maury and Weinberg Rebecca S
Bought by
Yahn William David
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$2,400,000
Sold Price
$2,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.75%
Original Mortgage
$1,500,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 24, 2016
Closed on
Sep 6, 2016
Sold by
Chu J Michael and Chu Elizabeth K
Bought by
Weinberg Rebecca S and Weinberg Max Maury
Seller's Agent
SUZANNE FRISBIE
The Corcoran Group
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$2,400,000
Sold Price
$2,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$1,800,000
Interest Rate
2.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 3, 2013
Closed on
Dec 3, 2013
Sold by
Porto Brian and Porto Catherine
Bought by
Chu J Michael and Chu Elizabeth K
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Suzanne Frisbie
The Corcoran Group
List Price
$1,749,000
Sold Price
$1,645,000
Premium/Discount to List
-$104,000
-5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.67%

Purchase Details

Listed on
Jun 26, 2012
Closed on
Aug 30, 2012
Sold by
Lutz Edward C and Lutz Laurie S
Bought by
Porto Brian and Porto Catherine
Seller's Agent
Rosalind Clarke
Premier Estate Properties, Inc
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$1,395,000
Sold Price
$1,202,250
Premium/Discount to List
-$192,750
-13.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.25%
Original Mortgage
$843,675
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 1994
Sold by
Olsen Susan P and Olsen 4Anet L
Bought by
Lutz Edward C and Lutz Laurie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
8.51%
Mortgage Type
Purchase Money Mortgage
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
Mactaggart Ian $8,478,000 Trident Title
233 Arabian Llc $3,000,000 Attorney
Yahn William David $2,400,000 None Available
Weinberg Rebecca S $2,400,000 None Available
Chu J Michael $1,645,000 Attorney
Porto Brian $1,205,250 Attorney
Lutz Edward C $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mactaggart Ian $4,000,000
Previous Owner 233 Arabian Llc $5,500,000
Previous Owner Yahn William David $1,500,000
Previous Owner Weinberg Rebecca S $1,800,000
Previous Owner Porto Brian $843,675
Previous Owner Lutz Edward C $359,650
Previous Owner Lutz Edward C $100,000
Previous Owner Lutz Edward C $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2017 04/13/17 Sold $2,400,000 0.0% $852 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $2,400,000 0.0% $852 / Sq Ft
09/07/2016 09/07/16 Sold $2,400,000 0.0% $852 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $2,400,000 +45.9% $852 / Sq Ft
12/03/2013 12/03/13 Sold $1,645,000 -5.9% $586 / Sq Ft
11/03/2013 11/03/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $1,749,000 +45.5% $623 / Sq Ft
08/30/2012 08/30/12 Sold $1,202,250 -13.8% $428 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
06/26/2012 06/26/12 For Sale $1,395,000 -- $497 / 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 $135,189 $9,067,138 -- --
2023 $132,436 $8,803,047 $0 $0
2022 $132,587 $8,540,432 $0 $0
2021 $44,547 $2,829,699 $2,829,699 $0
2020 $39,776 $2,366,481 $2,366,481 $0
2019 $28,815 $1,695,573 $0 $0
2018 $27,391 $1,663,958 $0 $0
2017 $37,722 $2,210,293 $2,197,499 $12,794
2016 $36,357 $2,028,567 $0 $0
2015 $33,824 $1,844,152 $0 $0
2014 $30,597 $1,676,502 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dana Koch

    Seller's Agent in 2017

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    70 in this area

    229 Total Sales

    Section Image

  • P

    Seller Co-Listing Agent in 2017

    Paulette Koch

    The Corcoran Group

    (561) 227-4416

    53 in this area

    144 Total Sales

    Section Image
  • Christian Angle

    Seller's Agent in 2013

    Christian Angle

    Christian Angle Real Estate

    (561) 629-3015

    80 in this area

    207 Total Sales

    Section Image

  • S

    Buyer's Agent in 2013

    Suzanne Frisbie

    The Corcoran Group

    (215) 353-8636

    35 in this area

    108 Total Sales

    Section Image
  • Rosalind Clarke

    Seller's Agent in 2012

    Rosalind Clarke

    Premier Estate Properties, Inc

    (561) 818-6351

    3 in this area

    35 Total Sales

    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-309

APN: 50-43-42-34-02-000-0641

Florida Palm Beach County Palm Beach 33480 North End

233 Arabian Rd, Palm Beach, FL

This home is located at 233 Arabian Rd, Palm Beach, FL 33480 since 01 February 2017 and is currently estimated at $10,894,908, approximately $3,866 per square foot. This property was built in 1964. 233 Arabian Rd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

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