NOT LISTED FOR SALE

235 Phipps Plaza Palm Beach, FL 33480

Estimated Value: $5,206,000 - $8,131,082

3 Beds
3 Baths
2,958 Sq Ft
$2,362/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $2,138,500 $723 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $40,906/month

309 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Lanai
  • Palm Beach Public School Rated A-
  • Mediterranean Architecture
  • No HOA

About This Home

As of March 2014

Phipps Plaza Mediterranean style two story home designed by famed architect Marion Sims Wyeth featuring 3BR/3.5BA, fireplace, elevator, striking high ceilings, spacious eat in kitchen.

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 05/01/2013

Last Buyer's Agent

CHRISTIAN ANGLE

Earl A. Hollis, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,659

Year Built

  • Built in 1926

Lot Details

  • Waterfront
  • Home has North and South Exposure
  • Sprinkler System
  • Property is zoned RC

Parking

  • No Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Frame Construction
  • Tile

Interior Spaces

  • 2,958 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Ceiling Fan
  • Fireplace
  • Dining Area

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Lanai

Utilities

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

Community Details

  • No Home Owners Association
  • Phipps Plaza Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434322100000080

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,659

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: irreg
  • Subdivision Name: Phipps Plaza
  • Architectural Style: Mediterranean, Two Story
  • Year Built: 1926
  • Location Tax Legal:Zoned: RC
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 26659.28
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Living Area: 2958.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • Floors:Tile: 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): irreg
  • Floors:Hardwood: Yes
  • Style:Two Story: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Style:Mediterranean: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Gas, Oven-Single, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable, Ceiling Fan, Elevator, Fireplace, Smoke Detectors, Wndw Trmnts Included
  • Living Area: 2958.0
  • Window Features: Other
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Frame, Hollow Tile
  • Exterior Features: Patio/Lanai, Storm Shutters, Sprinkler System
  • Roof: Barrel
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:PatioLanai: Yes
  • Construction:Frame: Yes
  • Exterior Features:Storm Shutters: Yes
  • Construction:Hollow Tile: Yes

Garage/Parking

  • Parking Features: No Garage
  • Garage:No Garage: Yes

Utilities

  • Security: No Security
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434322100000080
  • Zoning: RC

Tax Info

  • Tax Annual Amount: 26659.28
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2013
Closed on
Mar 28, 2014
Sold by
Starr Craig F and Flynn Chris B
Bought by
Bryan Katherine
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
CHRISTIAN ANGLE
Earl A. Hollis, Inc.
List Price
$2,138,500
Sold Price
$2,138,500
Current Estimated Value
$6,987,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,848,521
Avg. Annual Appreciation
10.81%

Purchase Details

Closed on
May 31, 2011
Sold by
Harris Lamont and Harris Lamont B P
Bought by
Starr Craig F and Flynn Chris B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2007
Sold by
Warshaw Richard W
Bought by
Harris Lamont and Harris Lamont B P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 1998
Sold by
Virginia L Brown Tr
Bought by
Warshaw Annette S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bryan Katherine $2,138,500 Attorney
Starr Craig F $1,600,000 Attorney
Harris Lamont $2,300,000 Attorney
Warshaw Annette S $705,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Starr Craig F $1,120,000
Previous Owner Harris Lamont $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $2,138,500 0.0% $723 / Sq Ft
03/06/2014 03/06/14 Pending -- -- --
05/01/2013 05/01/13 For Sale $2,138,500 -- $723 / 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 $46,357 $3,110,140 -- --
2023 $45,384 $3,019,553 $0 $0
2022 $45,451 $2,931,605 $0 $0
2021 $46,221 $2,846,218 $0 $0
2020 $46,316 $2,806,921 $0 $0
2019 $46,224 $2,743,813 $1,615,000 $1,128,813
2018 $41,509 $2,695,482 $1,688,561 $1,006,921
2017 $36,660 $2,161,246 $1,535,056 $626,190
2016 $36,576 $2,116,615 $0 $0
2015 $34,758 $1,930,680 $0 $0
2014 $28,752 $1,614,396 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 13-1066

APN: 50-43-43-22-10-000-0080