NOT LISTED FOR SALE

Estimated Value: $5,806,000 - $6,464,000

3 Beds
3 Baths
2,137 Sq Ft
$2,824/Sq Ft Est. Value

Last Sold November 01, 2013

Last sale price $1,380,500 $646 Per Sq Ft

Est. 337% increase in value since last sale

Current estimated payment $34,346/month

397 Days on Market

Highlights

  • Property has ocean access
  • Outdoor Pool
  • Traditional Architecture
  • Palm Beach Public School Rated A-
  • Waterfront
  • No HOA

About This Home

As of November 2013

Updated, beautiful 3BR/3BA Bermuda single story home sits on an 11,500+/- square foot lot. Den opens to sunny patio with outdoor dining area. Vaulted ceilings, hardwood floors throughout, marble pool deck in large back yard.

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 08/24/2012

Last Buyer's Agent

GARY POHRER

THE CORCORAN GROUP 2435

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,061

Year Built

  • Built in 1946

Lot Details

  • Waterfront
  • North Facing Home
  • Property is zoned RB

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Tile Roof
  • Fiber Cement Roof

Interior Spaces

  • 2,137 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Awning
  • Double Hung Windows
  • Parquet Flooring
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Esplanade Ests Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434234070000220

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,061

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 110
  • Subdivision Name: Esplanade Ests
  • Directions: N. on N. Lake Way, right on Esplanade. House will be on the right.
  • Architectural Style: Traditional, One Story
  • Garage Yn: Yes
  • Year Built: 1946
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 20061.0
  • Location Tax Legal:Tax Year2: 2011
  • General Property Description:Living Area: 2137.0
  • 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): 110
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Pets:Pets Allowed: Yes
  • WaterSewer:City Water: Yes
  • Windows:Awning: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Style:One Story: Yes
  • Floors:Parquet: Yes
  • Windows:Double Hung: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Gas, Microwave, Washer, Dryer
  • Total Bedrooms: 3
  • Flooring: Parquet, Other Flooring
  • Interior Amenities: Cable, Ceiling Fan, Fireplace, Smoke Detectors
  • Living Area: 2137.0
  • Window Features: Awning, Double Hung
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Fresh Water
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Frame
  • Exterior Features: Ocean Access-No Deed
  • Roof: Cement Tile
  • Construction:Frame: Yes
  • Exterior Features:Ocean Access-No Deed: 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
  • Parcel #: 50434234070000220
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 20061.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2012
Closed on
Nov 1, 2013
Sold by
Barasch Michael P and Bottitta Barasch Natalie
Bought by
Bresnan Sean
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
GARY POHRER
THE CORCORAN GROUP 2435
List Price
$1,380,500
Sold Price
$1,380,500
Current Estimated Value
$6,033,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,653,343
Avg. Annual Appreciation
13.18%
Original Mortgage
$1,000,000
Outstanding Balance
$708,745
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,325,098

Purchase Details

Closed on
May 11, 2006
Sold by
Matthews Robert V
Bought by
Barasch Michael P and Bottitta Barasch Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 25, 2005
Sold by
Matthews Ventures Holdings Llc
Bought by
Matthews Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2005
Sold by
Mahoney Mary R
Bought by
Matthews Ventures Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 1999
Sold by
Cochran Cecelia G L
Bought by
Mahoney Mary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
7.94%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 29, 1995
Sold by
Gilligan Virginia K
Bought by
Cochran Cecelia G L
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
Bresnan Sean $1,380,500 Attorney
Barasch Michael P $1,950,000 None Available
Matthews Robert -- --
Matthews Ventures Holdings Llc $1,260,000 Brokers Foundation Title
Mahoney Mary R $575,000 --
Cochran Cecelia G L $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bresnan Sean $1,000,000
Previous Owner Barasch Michael P $1,100,000
Previous Owner Matthews Robert $756,000
Previous Owner Cochran Cecelia G L $75,000
Previous Owner Cochran Cecelia G L $460,000
Previous Owner Cochran Cecelia G L $475,000
Closed Matthews Robert $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2013 11/01/13 Sold $1,380,500 0.0% $646 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
08/24/2012 08/24/12 For Sale $1,380,500 -- $646 / 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 $28,268 $1,876,926 -- --
2023 $27,636 $1,822,258 $0 $0
2022 $27,666 $1,769,183 $0 $0
2021 $28,161 $1,717,653 $0 $0
2020 $28,207 $1,693,938 $0 $0
2019 $28,146 $1,655,853 $0 $0
2018 $26,756 $1,624,978 $0 $0
2017 $26,752 $1,591,555 $0 $0
2016 $26,299 $1,558,820 $0 $0
2015 $27,194 $1,547,984 $0 $0
2014 -- $1,535,698 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-1919

APN: 50-43-42-34-07-000-0220