$4,250,000
SOLD MAR 14, 2016
3 Beds
4 Baths
3,694 Sq Ft
0.31 Acres

Recently Sold

$1,151 Per Sq Ft

41 Days on Market

Highlights

  • Gas Heated Pool
  • Waterfront
  • Lanai
  • Palm Beach Public School Rated A-
  • Bermuda Architecture
  • No HOA

About This Home

As of April 2023

Casual elegance grace this 3 bedroom plus den, 4.5 bath residence ideally located a mile north of Royal Poinciana Way. Open floor plan is perfect for entertaining. High ceilings throughout. Split bedrooms configuration includes large master suite with two full bathrooms and generous closet space. Cozy family room overlooking pool. New hurricane impact resistant windows and doors. Roof is approximately two years old. Secluded and nicely landscaped pool area. High elevation and much more! 4,366 total square feet. Custom built in 1997 for only occupant. First time on market!

Last Agent to Sell the Property

JEAN ELLEN HERON

THE FITE GROUP Listed on: 01/05/2016

Co-Listed By

PAULA WITTMANN

THE FITE GROUP

Last Buyer's Agent

Patricia Mahaney

Sotheby's International Realty, Inc. License #656899

Sotheby's International Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,722

Year Built

  • Built in 1997

Lot Details

  • 0.31 Acre Lot
  • Waterfront
  • Home has North and South Exposure
  • Property is zoned RB

Home Design

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

Interior Spaces

  • 3,694 Sq Ft Home
  • 1-Story Property
  • Sound System
  • Ceiling Fan
  • Dining Room
  • Library
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Lanai

Utilities

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

Community Details

  • No Home Owners Association
  • El Paraiso Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314030000090

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,722

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Lot Size: 100
  • Subdivision Name: El Paraiso
  • Directions: Royal Poinciana Way to North County to Miraflores Drive
  • Architectural Style: Bermuda, One Story
  • Year Built: 1997
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 39722.0
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Living Area: 3694.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 100
  • Pool:Heated - Gas: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Impact Glass - Full: Yes
  • Style:Bermuda: Yes
  • General Property Description:Lot SqFt: 13504
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Style:One Story: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Floors:StoneBrick: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Stone/Brick, W/W Carpeting
  • Interior Amenities: Bidet, Cable, Ceiling Fan, Intercom, Sound System, Smoke Detectors, Storage, Pantry
  • Living Area: 3694.0
  • Window Features: Impact Glass-Full
  • Interior Features:Storage: 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:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Bidet: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes
  • Interior Features:Intercom: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai
  • Roof: Cement Tile
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached, Door Opener
  • Garage: Yes
  • Garage:_two_ Car: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 13504.0
  • Parcel #: 50434314030000090
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 39722.0
  • Tax Year: 2015

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
41
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 Type Sale Price Title Company
Warranty Deed $13,150,000 None Listed On Document
Warranty Deed $8,400,000 Attorney
Warranty Deed $7,295,000 Attorney
Personal Reps Deed $4,250,000 None Available
Warranty Deed $1,200,000 --
Warranty Deed $375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,000,000 Purchase Money Mortgage
Previous Owner $1,276,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,260,000 New Conventional
Previous Owner $1,484,000 Unknown
Previous Owner $1,460,000 Unknown
Previous Owner $1,420,000 New Conventional
Previous Owner $850,000 New Conventional
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: 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 $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: Palm Beach Board of REALTORS®

MLS Number: 16-33

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