$2,400,000
SOLD SEP 7, 2016
5 Beds
4 Baths
2,818 Sq Ft
0.3 Acres

Recently Sold

$852 Per Sq Ft

85 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

Fantastic large north-end corner lot; appx 13,000 Sq Feet. Nicely updated Kitchen & Baths. 5 Bedrooms, 4 Baths, 2 Car Garage, Pool. Compellingly priced at land value. Square Footage per PAPA.

Last Agent to Sell the Property

SUZANNE FRISBIE

The Corcoran Group Listed on: 05/24/2016

Last Buyer's Agent

Paulette Koch

The Corcoran Group License #3068398

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,824

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

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • 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

$33,824

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: 100
  • Subdivision Name: Boca Raton Co
  • Architectural Style: Bermuda, One Story
  • Year Built: 1964
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 33824.01
  • Location Tax Legal:Tax Year2: 2015
  • 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): 100
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Sliding: Yes
  • Style:Bermuda: 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
  • Floors:Terrazzo: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Gas, Oven-Single, Washer, Dryer
  • Total Bedrooms: 5
  • 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
  • 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

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 13068.0
  • Parcel #: 50434234020000641
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 33824.01
  • Tax Year: 2015

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
$10,872,267

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
19.42%
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 Type Sale Price Title Company
Warranty Deed $8,478,000 Trident Title
Warranty Deed $3,000,000 Attorney
Warranty Deed $2,400,000 None Available
Warranty Deed $2,400,000 None Available
Warranty Deed $1,645,000 Attorney
Warranty Deed $1,205,250 Attorney
Personal Reps Deed $425,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,800,000 Adjustable Rate Mortgage/ARM
Previous Owner $843,675 New Conventional
Previous Owner $340,000 Purchase Money Mortgage
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

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-1237

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