NOT LISTED FOR SALE

Estimated Value: $2,705,000 - $5,266,000

3 Beds
2 Baths
2,117 Sq Ft
$1,981/Sq Ft Est. Value

Last Sold June 05, 2012

Last sale price $625,000 $295 Per Sq Ft

Est. 571% increase in value since last sale

Current estimated payment $24,208/month

12 Days on Market

Highlights

  • Gas Heated Pool
  • Bermuda Architecture
  • Lanai
  • Waterfront
  • Wood Flooring
  • 5-minute walk to South Olive Park

About This Home

As of June 2012

Miramar Way has the largest lot South of Southern. This house sits on an oversized estate lot (100' X 176') with rear-loading 2-car garage which exits to a service road that leads to Olive and Washington. This custom designed and renovated 1 story Bermuda home features custom parquet oak wood flooring throughout and a lattice-millwork screen which divides the formal and casual entertaining spaces. The real living happens between the brick-floored family room and the equally large exterior loggia which command a view of the huge swimming pool surrounded by a 12' ficus-walled garden. The custom kitchen has a Subzero refrigerator, Dynasty range, and Bosch dishwasher. The 2 1/2 baths have been classically and tastefully renovated. New roof and AC. This house is perfection and still has plenty of room for expansion, 1 story or 2 story. This a rare find...Palm Beach living in West Palm Beach.

Last Agent to Sell the Property

BURTON MINKOFF

The Corcoran Group Listed on: 03/30/2012

Last Buyer's Agent

Lee Gordon

Linda R. Olsson Inc. License #319227

Linda R. Olsson Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,833

Year Built

  • Built in 1956

Lot Details

  • Waterfront
  • North Facing Home
  • Back Yard Fenced

Home Design

  • Bermuda Architecture
  • Brick Exterior Construction
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,117 Sq Ft Home
  • Ceiling Fan
  • Double Hung Windows
  • Dining Room
  • Library
  • Utility Room

Kitchen

  • Gas Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Voluntary home owners association
  • Miramar Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434410230000060

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,833

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100
  • Subdivision Name: Miramar Shores
  • Directions: E on Forest Hill, S on Olive. 5 blocks to Miramar, make right 240 on right.
  • Architectural Style: Bermuda
  • Garage Yn: Yes
  • Year Built: 1956
  • Location Tax Legal:Zoned: SFR
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 9832.64
  • Location Tax Legal:Tax Year2: 2011
  • General Property Description:Living Area: 2117.0
  • 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
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 100
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Bermuda: Yes
  • Pets:Pets Allowed: Yes
  • WaterSewer:City Water: Yes
  • Exposure:North: Yes
  • Auto Garage Door Opener: Yes
  • Floors:StoneBrick: Yes
  • Construction Brick: Yes
  • Windows:Double Hung: Yes
  • HOA:Voluntary: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Gas, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Stone/Brick
  • Interior Amenities: Cable, Ceiling Fan, Smoke Detectors, Wndw Trmnts Included
  • Living Area: 2117.0
  • Window Features: Double Hung
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Brick, Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Storm Shutters
  • Roof: Cement Tile
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

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

Utilities

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

Lot Info

  • Land Lease Amount Frequency: Yes
  • Parcel #: 74434410230000060
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 9832.64
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2012
Closed on
May 16, 2012
Sold by
240 Miramar Llc
Bought by
Gordon Lee B and Gordon Susan S
Seller's Agent
BURTON MINKOFF
The Corcoran Group
Buyer's Agent
Lee Gordon
Linda R. Olsson Inc.
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$4,193,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,568,456
Avg. Annual Appreciation
15.36%

Purchase Details

Closed on
Aug 25, 2003
Sold by
Portnoy Joel and Portnoy Nancy
Bought by
240 Miramar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2003
Sold by
Recio Eduardo and Recio Cristina A
Bought by
Portnoy Joel and Portnoy Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
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
Gordon Lee B $575,000 Attorney
240 Miramar Llc -- --
Portnoy Joel $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Portnoy Joel $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2012 06/05/12 Sold $625,000 0.0% $295 / Sq Ft
04/11/2012 04/11/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $625,000 -- $295 / 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 $22,644 $1,134,988 -- --
2023 $22,122 $1,101,930 $0 $0
2022 $21,945 $1,069,835 $0 $0
2021 $21,950 $1,038,675 $0 $0
2020 $21,855 $1,024,334 $0 $0
2019 $21,550 $1,001,304 $0 $0
2018 $20,569 $982,634 $0 $0
2017 $20,392 $962,423 $0 $0
2016 $20,388 $942,628 $0 $0
2015 $20,804 $936,075 $0 $0
2014 $20,811 $928,646 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-806

APN: 74-43-44-10-23-000-0060