NOT LISTED FOR SALE

Estimated Value: $7,171,000 - $15,562,255

4 Beds
5.5 Baths
3,711 Sq Ft
$2,888/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $13,150,000 $3,544 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $71,619/month

209 Days on Market

Highlights

  • Water Views
  • Private Pool
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Roman Tub
  • High Ceiling

About This Home

As of April 2023

Just completed! Total renovation and spacious with great volume, this 4 bedroom one story will capture your imagination! Its perfectly laid out floorplan has a new open kitchen, breakfast and family room, a well scaled primary suite and wonderful outdoor space with new pool and 2 car garage. All new appointments: flooring, baths and more. Desirably located wide near north end street, close to town. Ready for occupancy.

Last Agent to Sell the Property

Dana Koch

The Corcoran Group License #3027862 Listed on: 09/12/2022

The Corcoran Group

Last Buyer's Agent

SPENCER SCHLAGER

Douglas Elliman License #3429431

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $112,794

Year Built

  • Built in 1997

Lot Details

  • 0.28 Acre Lot
  • Sprinkler System
  • Property is zoned R-B(ci

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Garden

Home Design

  • Concrete Roof

Interior Spaces

  • 3,711 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • High Ceiling
  • Entrance Foyer
  • Family Room
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • El Paraiso Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314030000090

Home Details

Home Type

Single Family

Est. Annual Taxes

$112,794

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Royal Poinciana to Cocoanut Row. Head north.
  • Year Built: 1997
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, High Ceilings, Kitchen/Dining Combo, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, Other, Wood
  • Living Area: 3711.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Garden, Other, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434314030000090
  • Lot Size Sq Ft: 12065.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 112794.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Apr 6, 2023
Sold by
233 Miraflores Llc
Bought by
Pb 130 Limited Partnership
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
SPENCER SCHLAGER
Douglas Elliman
List Price
$14,995,000
Sold Price
$13,150,000
Premium/Discount to List
-$1,845,000
-12.3%
Total Days on Market
209
Views
62
Current Estimated Value
$10,715,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,434,248
Avg. Annual Appreciation
-9.12%

Purchase Details

Closed on
Dec 10, 2021
Sold by
Rzp Llc
Bought by
233 Miraflores Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 20, 2021
Sold by
Cad Properties Ltd
Bought by
Rzp Llc
Seller's Agent
Patricia Mahaney
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Ashley McIntosh
Douglas Elliman
List Price
$7,295,000
Sold Price
$7,295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%

Purchase Details

Listed on
Jan 5, 2016
Closed on
Mar 9, 2016
Sold by
Rackoff William H and Estate Of Barbara Rackoff
Bought by
Cad Properties Ltd
Seller's Agent
JEAN ELLEN HERON
THE FITE GROUP
Buyer's Agent
Patricia Mahaney
Sotheby's International Realty, Inc.
List Price
$4,250,000
Sold Price
$4,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%

Purchase Details

Closed on
Nov 24, 1997
Sold by
Classic Homes And Remodelers Inc
Bought by
Rackoff Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,420,000
Interest Rate
7.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 1996
Sold by
Beatrice Rose Tr
Bought by
Classic Homes And Remodelers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
7.99%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Pb 130 Limited Partnership $13,150,000 None Listed On Document
233 Miraflores Llc $8,400,000 Attorney
Rzp Llc $7,295,000 Attorney
Cad Properties Ltd $4,250,000 None Available
Rackoff Barbara $1,200,000 --
Classic Homes And Remodelers Inc $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 233 Miraflores Llc $5,000,000
Previous Owner Rakoff Barbara W $1,276,000
Previous Owner Rackoff Barbara $1,260,000
Previous Owner Rackoff Barbara W $1,484,000
Previous Owner Rackoff Barbara W $1,460,000
Previous Owner Classic Homes And Remodelers Inc $1,420,000
Previous Owner Classic Homes And Remodelers Inc $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $13,150,000 0.0% $3,544 / Sq Ft
04/10/2023 04/10/23 Sold $13,150,000 -6.0% $3,544 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
02/02/2023 02/02/23 Price Changed $13,995,000 0.0% $3,771 / Sq Ft
02/02/2023 02/02/23 Price Changed $13,995,000 -6.7% $3,771 / Sq Ft
09/12/2022 09/12/22 For Sale $14,995,000 0.0% $4,041 / Sq Ft
03/24/2022 03/24/22 For Sale $14,995,000 +105.6% $4,041 / Sq Ft
08/20/2021 08/20/21 Sold $7,295,000 0.0% $1,975 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $7,295,000 +71.6% $1,975 / Sq Ft
03/14/2016 03/14/16 Sold $4,250,000 0.0% $1,151 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $4,250,000 -- $1,151 / Sq Ft
Source: BeachesMLS

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 $176,995 $11,822,297 -- --
2023 $141,580 $7,827,061 $0 $0
2022 $111,347 $7,115,510 $0 $0
2021 $74,326 $4,637,373 $3,013,882 $1,623,491
2020 $67,517 $4,037,902 $2,695,027 $1,342,875
2019 $63,273 $3,741,471 $2,459,340 $1,282,131
2018 $55,207 $3,315,524 $2,307,019 $1,008,505
2017 $57,518 $3,384,105 $2,507,629 $876,476
2016 $42,919 $2,073,922 $0 $0
2015 $39,722 $1,885,384 $0 $0
2014 $37,216 $1,708,807 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10831386

BeachesMLS

APN: 50-43-43-14-03-000-0090