NOT LISTED FOR SALE

Estimated Value: $7,132,000 - $8,969,000

4 Beds
5 Baths
3,638 Sq Ft
$2,222/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $2,970,000 $816 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $48,158/month

497 Days on Market

Highlights

  • Gas Heated Pool
  • Waterfront
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Lanai

About This Home

As of July 2020

Find your safe haven in Palm Beach. Move-in-ready and an excellent value just one block to the ocean and lake trail, this impeccably maintained four bedroom, five and half bath residence is close to town, shops, beaches and the bike trail. This designer's Mediterranean style home offers a beautifully appointed chef's eat-in kitchen with granite counters, stainless steel appliances and a gas range. The spacious living room, dining room and kitchen, all with 10 foot ceilings, offer French doors opening to the pool and loggia, melding the inside with the outdoors. The lush and mature landscaping ensure supreme privacy. The master suite is a spa-like retreat with dual baths and two full walk-in closets. The residence is completed by a home office/4th bedroom, a fireplace, a two-car garage and Find your safe haven in Palm Beach. Move-in-ready and an excellent value just one block to the ocean and lake trail, this impeccably maintained four bedroom, five and half bath residence is close to town, shops, beaches and the bike trail. This designer's Mediterranean style home offers a beautifully appointed chef's eat-in kitchen with granite counters, stainless steel appliances and a gas range. The spacious living room, dining room and kitchen, all with 10 foot ceilings, offer French doors opening to the pool and loggia, melding the inside with the outdoors. The lush and mature landscaping ensure supreme privacy. The master suite is a spa-like retreat with dual baths and two full walk-in closets. The residence is completed by a home office/4th bedroom, a fireplace, a two-car garage and a stylish sweeping staircase at the entry foyer.
This pristine Palm Beach Mediterranean was newly built in 2009 and has impact glass throughout. This easy to maintain home can be a full-time residence or pied-a-terre for the winter season. Located in a coveted in town location on the island of Palm Beach.

Last Agent to Sell the Property

Andrew Thomka-Gazdik

Sotheby's International Realty, Inc. License #3024904 Listed on: 01/16/2019

Sotheby's International Realty, Inc.

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,825

Year Built

  • Built in 2009

Lot Details

  • 7,405 Sq Ft Lot
  • Waterfront
  • South Facing Home
  • Back Yard Fenced
  • Property is zoned RC

Parking

  • 2 Car Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,638 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Fireplace
  • Dining Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • Fire and Smoke Detector

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • Orange Grove Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434315030000580

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,825

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 75
  • Subdivision Name: Orange Grove Park
  • Architectural Style: Mediterranean, Two Story
  • Garage Yn: Yes
  • Year Built: 2009
  • Location Tax Legal:Zoned: RC
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 50825.0
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 3638.0
  • 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
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 75
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 7405
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Windows:Impact Glass: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Style:Mediterranean: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Range-Gas, Oven-Single, Microwave, Washer, Dryer, Central Vac System
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble
  • Interior Amenities: Bidet, Fireplace, Smoke Detectors, Pantry
  • Living Area: 3638.0
  • Window Features: Impact Glass
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Bidet: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Impact Windows
  • Roof: Barrel, Other
  • Exterior Features:Balcony: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes

Garage/Parking

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

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 50434315030000580
  • Zoning: RC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 50825.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2019
Closed on
Jun 29, 2020
Sold by
Faas Andrew J
Bought by
Dna I Llc
Seller's Agent
Andrew Thomka-Gazdik
Sotheby's International Realty, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$2,970,000
Sold Price
$2,970,000
Current Estimated Value
$8,083,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,113,544
Avg. Annual Appreciation
19.72%

Purchase Details

Closed on
Apr 20, 2009
Sold by
Maddock Paul L
Bought by
Faas Andrew J

Purchase Details

Closed on
Apr 27, 2005
Sold by
Maddock James Andrew
Bought by
Maddock Paul L and Bessemer Trust Co
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 Buyer Sale Price Title Company
Dna I Llc $2,970,000 Attorney
Faas Andrew J $2,500,000 Attorney
Maddock Paul L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dna I Llc $4,000,000
Closed Faas Andrew J $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $2,970,000 0.0% $816 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
01/16/2019 01/16/19 For Sale $2,970,000 -- $816 / 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 $50,389 $3,364,545 -- --
2023 $49,319 $3,266,549 $0 $0
2022 $49,394 $3,171,407 $0 $0
2021 $45,333 $2,736,620 $1,914,750 $821,870
2020 $61,837 $3,894,872 $2,300,000 $1,594,872
2019 $55,197 $3,222,408 $2,208,000 $1,014,408
2018 $50,825 $3,189,411 $2,277,713 $911,698
2017 $45,967 $2,705,305 $1,793,475 $911,830
2016 $45,025 $2,592,016 $0 $0
2015 $42,384 $2,356,378 $0 $0
2014 $42,201 $2,316,014 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-262

APN: 50-43-43-15-03-000-0580