NOT LISTED FOR SALE

Estimated Value: $1,350,008 - $1,684,000

3 Beds
2 Baths
1,647 Sq Ft
$933/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $1,000,000 $607 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $10,112/month

53 Days on Market

Highlights

  • Outdoor Pool
  • No HOA
  • 1-Story Property
  • Waterfront
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of October 2021

Located south of Southern Blvd. and north of Forest Hill Blvd., this home is being sold as-is. Featuring a 9,000 sq. ft lot, this home is positioned east of Olive and a short distance to Flagler Drive. The lot is approximately 100' wide by 90' deep. The home boasts a split bedroom floorplan and a converted garage that is now a large family room. In the South Olive Elementary school district and extremely close to area beaches, this property is ready for a full renovation or a new build.

Last Agent to Sell the Property

Sabra Kirkpatrick

Brown Harris Stevens of Palm Beach 7232 License #SL3228432 Listed on: 08/05/2021

Brown Harris Stevens of Palm Beach 7232

Co-Listed By

Sarah Koenig

Brown Harris Stevens of Palm Beach 7232 License #SL-3298885

Last Buyer's Agent

ROBERT KEMP

ALTIMA INTERNATIONAL PROPERTIES, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,607

Year Built

  • Built in 1955

Lot Details

  • 9,000 Sq Ft Lot
  • Waterfront
  • Property is zoned SF7

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • "S" Clay Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,647 Sq Ft Home
  • 1-Story Property
  • Sliding Windows

Kitchen

  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Outdoor Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Elwa Place Ext Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434410110000110

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,607

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: 90
  • Subdivision Name: Elwa Place Ext
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Year Built: 1955
  • Location Tax Legal:Zoned: SF7
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 3607.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 1647.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 90
  • WaterSewer:Sewer: Yes
  • Windows:Sliding: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 9000
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Style:One Story: Yes
  • Roof:Clay Tile: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Total Bedrooms: 3
  • Flooring: Other Flooring
  • Living Area: 1647.0
  • Window Features: Sliding
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes

Exterior Features

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

Garage/Parking

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

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 9000.0
  • Parcel #: 74434410110000110
  • Zoning: SF7
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3607.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2022
Sold by
Maurice A Harary Revocable Trust
Bought by
Bgi Elwa Place Llc
Current Estimated Value
$1,536,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,367,343
Outstanding Balance
$2,443,772
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
-$930,891

Purchase Details

Closed on
Aug 31, 2022
Sold by
Bgi Financial Llc
Bought by
Bgi Elwa Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,367,343
Outstanding Balance
$2,443,772
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
-$930,891

Purchase Details

Closed on
Jun 17, 2022
Sold by
Baboun Kenneth A
Bought by
Bgi Financial Llc

Purchase Details

Listed on
Aug 5, 2021
Closed on
Oct 20, 2021
Sold by
Harary Henry M and Estate Of Maurice Harary
Bought by
Baboun Kenneth A
Seller's Agent
Sabra Kirkpatrick
Brown Harris Stevens of Palm Beach 7232
Buyer's Agent
ROBERT KEMP
ALTIMA INTERNATIONAL PROPERTIES, INC.
List Price
$1,000,000
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
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
Bgi Elwa Place Llc -- --
Bgi Elwa Place Llc -- --
Bgi Financial Llc -- Berger Singerman Llp
Baboun Kenneth A $1,000,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bgi Elwa Place Llc $4,367,343
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $1,000,000 0.0% $607 / Sq Ft
10/20/2021 10/20/21 Sold $1,000,000 0.0% $607 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/20/2021 09/20/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $1,000,000 +1.5% $607 / Sq Ft
06/30/2021 06/30/21 For Sale $985,000 -- $598 / 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 $20,873 $979,727 -- --
2023 $18,638 $890,661 $801,000 $89,661
2022 $15,562 $724,782 $0 $0
2021 $3,636 $196,494 $0 $0
2020 $3,607 $193,781 $0 $0
2019 $3,546 $189,424 $0 $0
2018 $3,330 $185,892 $0 $0
2017 $3,265 $182,069 $0 $0
2016 $3,249 $178,324 $0 $0
2015 $3,312 $177,084 $0 $0
2014 $3,314 $175,679 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-1062

APN: 74-43-44-10-11-000-0110