$13,150,000
SOLD APR 10, 2023
4 Beds
5 Baths
3,711 Sq Ft
0.28 Acres

Recently Sold

$3,544 Per Sq Ft

12% Below List Price

337 Days on Market

Highlights

  • Outdoor Pool
  • Waterfront
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Bermuda Architecture
  • No HOA

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

Paulette Koch

The Corcoran Group License #3068398 Listed on: 03/24/2022

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

SPENCER SCHLAGER

Douglas Elliman License #SL3429431

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $112,794

Year Built

  • Built in 1997

Lot Details

  • 0.28 Acre Lot
  • Waterfront
  • South Facing Home
  • Property is zoned R-B - Low Density Residential, R-B - Low Density

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 3,711 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Impact Glass

Kitchen

  • Single Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Outdoor Pool
  • Central Heating and Cooling System

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

$112,794

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 100
  • Subdivision Name: El Paraiso
  • Architectural Style: Bermuda, One Story
  • Year Built: 1997
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 112794.0
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 3711.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 100
  • Floors:Hardwood: Yes
  • Roof:Cement Tile: Yes
  • Windows:Impact Glass - Full: Yes
  • Style:Bermuda: Yes
  • General Property Description:Lot SqFt: 12065
  • HOA:None: Yes
  • Exposure:South: Yes
  • Style:One Story: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood
  • Living Area: 3711.0
  • Window Features: Impact Glass-Full
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Roof: Cement Tile
  • Construction:Cement BlockStucco: Yes

Garage/Parking

  • Parking Features: 2 Car
  • Garage:_two_ Car: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 12065.0
  • Parcel #: 50434314030000090
  • Zoning: R-B - Low Density
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 112794.0
  • Tax Year: 2022

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
337
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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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: 22-454

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