$7,295,000
SOLD AUG 20, 2021
3 Beds
4.5 Baths
3,694 Sq Ft
0.28 Acres

Recently Sold

$1,975 Per Sq Ft

20 Days on Market

Highlights

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

About This Home

As of April 2023

Gracious 3-bedroom plus den, 4.5-bath Bermuda style residence is conveniently located on the near north end, close to town, the Lake Trail and the ocean. Well scaled rooms with extraordinary volume, ultra height ceiling and abundance of light fill this pristine residence. Open kitchen to a family and friends' room, breakfast area and outdoor entertaining. Private owners' suite in east wing with generous living room separating from guest rooms. providing elegant transitions and remarkable open flow.

Last Agent to Sell the Property

Patricia Mahaney

Sotheby's Intl. Realty, Inc. License #656899 Listed on: 06/30/2021

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Ashley McIntosh

Douglas Elliman License #476962

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,517

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

  • 3,694 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Arched Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

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

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Central Heating
  • 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

$67,517

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 Way to North County to Miraflores Drive
  • Year Built: 1997
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: 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, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble, Other
  • Living Area: 3694.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 1
  • Window Features: Arched, Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Garden, Other, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Pool Private: No
  • 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: Security System, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Electric
  • 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: 12200.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 67517.0

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%
Views
62
Current Estimated Value
$10,527,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,622,789
Avg. Annual Appreciation
-6.83%

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
10.85%

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

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 $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: 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: R10727727

BeachesMLS

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