NOT LISTED FOR SALE

Estimated Value: $7,046,000 - $9,191,303

3 Beds
3 Baths
3,283 Sq Ft
$2,468/Sq Ft Est. Value

Last Sold December 26, 2019

Last sale price $3,486,800 $1,062 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $47,437/month

7 Days on Market

Highlights

  • Outdoor Pool
  • Waterfront
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Traditional Architecture
  • Lanai

About This Home

As of December 2019

On a magnificent Royal Palm tree lined street close to town, this 3 bedroom/ 3.5 bathroom sophisticated home is flooded with light. In beautiful condition, the downstairs is a well thought-out space with living room, dining room, loggia, and large eat-in-kitchen with breakfast area. There is a laundry room and a powder room as well.
There are two bedrooms with en-suite bathrooms, and a master bedroom suite with en-suite bathroom and sitting room/office upstairs. Hardwood floors, balcony on the second floor and a special pool area with lush garden complete this beautiful home. Move right in!

Last Agent to Sell the Property

Paulette Koch

The Corcoran Group License #3068398 Listed on: 11/15/2019

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

JAMES MCCANN

THE CORCORAN GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,971

Year Built

  • Built in 1940

Lot Details

  • 9,783 Sq Ft Lot
  • Waterfront
  • South Facing Home
  • Property is zoned RB

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Tile Roof
  • Fiber Cement Roof

Interior Spaces

  • 3,283 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Walton Addition Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434314050000120

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,971

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Lot Size: 80
  • Subdivision Name: Walton Addition
  • Architectural Style: Traditional, Two Story
  • Garage Yn: Yes
  • Year Built: 1940
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 30971.0
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Living Area: 3283.0
  • 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): 80
  • Floors:Hardwood: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 9783
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Floors:StoneBrick: Yes
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Freezer, Ice Maker, Range-Electric, Oven-Single, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Stone/Brick
  • Interior Amenities: Fireplace, Smoke Detectors
  • Living Area: 3283.0
  • Window Features: Sash
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Balcony, Patio/Lanai
  • Roof: Cement Tile, Other
  • Exterior Features:Balcony: Yes
  • Exterior Features:PatioLanai: 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: 9783.0
  • Parcel #: 50434314050000120
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 30971.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Dec 19, 2019
Sold by
Palmer James A and Palmer Susan
Bought by
Strickland R Michael R and Strickland Sue A
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
JAMES MCCANN
THE CORCORAN GROUP
List Price
$3,486,800
Sold Price
$3,486,800
Current Estimated Value
$8,101,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,615,026
Avg. Annual Appreciation
16.05%

Purchase Details

Closed on
Jun 18, 2001
Sold by
Louis J Modica I
Bought by
Palmer James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 22, 1999
Sold by
Strickland Michael R and Strickland Sue A
Bought by
Modica Louis J and Modica Marion
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
Strickland R Michael R $3,486,800 Attorney
Palmer James A $1,551,000 --
Modica Louis J $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmer James A $900,000
Previous Owner Palmer James A $266,000
Previous Owner Modica Louis J $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2019 12/26/19 Sold $3,486,800 0.0% $1,062 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $3,486,800 -- $1,062 / 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 $39,504 $2,632,562 -- --
2023 $38,650 $2,555,885 $0 $0
2022 $38,703 $2,481,442 $0 $0
2021 $39,381 $2,409,167 $0 $0
2020 $39,455 $2,375,904 $0 $0
2019 $31,090 $1,830,660 $0 $0
2018 $29,551 $1,796,526 $0 $0
2017 $29,551 $1,759,575 $0 $0
2016 $29,129 $1,723,384 $0 $0
2015 $30,122 $1,711,404 $0 $0
2014 $30,266 $1,697,821 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-2243

APN: 50-43-43-14-05-000-0120