$810,000
SOLD JUL 13, 2018
4 Beds
3 Baths
2,506 Sq Ft
0.27 Acres

Recently Sold

$323 Per Sq Ft

7% Below List Price

130 Days on Market

Highlights

  • Room in yard for a pool
  • Deck
  • Corner Lot
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of February 2022

Minimal Traditional in Historic El Cid! This beautifully well maintained 4 bedroom and 3 bathroom home, including the Guest Home, is on a large corner lot just steps from the Intracoastal. Within the home, original oak hardwood flooring is throughout with french doors leading to the spacious breakfast kitchen that has an inside/outside aesthetic. The breakfast kitchen also features grooved pine walls and stamped coquina stone flooring. Perfect home to add personal touches and renovations.The Guest Home does have a separate mailing address.

Last Agent to Sell the Property

Rachel Tessoff

Sotheby's Intl. Realty, Inc. License #3372805 Listed on: 02/02/2018

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Tommy Holmes

Illustrated Properties License #3286356

Illustrated Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,363

Year Built

  • Built in 1949

Lot Details

  • 0.27 Acre Lot
  • Corner Lot
  • Sprinkler System
  • Property is zoned SF14-C3

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,506 Sq Ft Home
  • 1-Story Property
  • French Doors
  • Family Room
  • Formal Dining Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Outdoor Features

  • Room in yard for a pool
  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • El Cid Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434334010080270

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,363

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: HEADING SOUTH ON FLAGLER DR, HEAD WEST ON ALMERIA RD TOWARD OLIVE. 241 IS ON NORTHWEST CORNER ON ALEMRIA RD AT OLIVE ST.
  • Year Built: 1949
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, French Door(s)/Atrium Door(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Other, Wood
  • Living Area: 2506.0
  • Dining Room Type: Family Room, In-Law Suite, Laundry, Storage Room
  • Stories: 1

Exterior Features

  • Exterior Features: Deck, Porch, Patio, Room For Pool
  • Lot Features: Corner Lot, Sprinklers Automatic, Sprinkler System
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Deck, Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Driveway, Detached, Garage, Guest, Garage Door Opener

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434334010080270
  • Lot Size Sq Ft: 11900.0
  • Zoning Description: SF14-C3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4363.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2022
Closed on
Feb 4, 2022
Sold by
Bridle Path Holdings Llc
Bought by
Fl Esm Vpm Llc
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Horst Hohl
One Sotheby's International Re
List Price
$6,750,000
Sold Price
$6,400,000
Premium/Discount to List
-$350,000
-5.19%
Current Estimated Value
$7,250,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$850,325
Avg. Annual Appreciation
2.16%

Purchase Details

Listed on
Feb 26, 2021
Closed on
May 6, 2021
Sold by
Farfalla Estates Llc
Bought by
Bridle Path Holdings Llc
Seller's Agent
THOMAS HOLMES
Illustrated Properties LLC PB
Buyer's Agent
Carol Sollak
Engel & Völkers-Wellington
List Price
$4,000,000
Sold Price
$4,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.09%
Original Mortgage
$2,000,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2018
Closed on
Jul 13, 2018
Sold by
Grove Betty F and Grove Betty F
Bought by
Farfalla Estates Llc
Seller's Agent
Rachel Tessoff
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Tommy Holmes
Illustrated Properties
List Price
$875,000
Sold Price
$810,000
Premium/Discount to List
-$65,000
-7.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.13%

Purchase Details

Closed on
Oct 19, 1995
Sold by
Grove Betty F
Bought by
Grove Tr Betty F
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $6,400,000 Galle Law Group Pa
Warranty Deed $4,000,000 Attorney
Warranty Deed $810,000 Standard Title Insurance Age
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 New Conventional
Previous Owner $1,300,000 Commercial
Previous Owner $359,650 Fannie Mae Freddie Mac
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $6,400,000 -5.2% $1,691 / Sq Ft
01/16/2022 01/16/22 For Sale $6,750,000 +68.8% $1,784 / Sq Ft
05/17/2021 05/17/21 Sold $4,000,000 0.0% $1,011 / Sq Ft
05/17/2021 05/17/21 Sold $4,000,000 +9900.0% $1,011 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
03/19/2021 03/19/21 Rented $40,000 0.0% --
02/26/2021 02/26/21 For Sale $4,000,000 +13233.3% $1,011 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/17/2021 02/17/21 Under Contract -- -- --
01/13/2021 01/13/21 For Rent $30,000 0.0% --
06/22/2020 06/22/20 For Sale $3,895,000 +380.9% $984 / Sq Ft
07/13/2018 07/13/18 Sold $810,000 -7.4% $323 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $875,000 -- $349 / Sq Ft
Source: BeachesMLS

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 $139,421 $6,769,508 -- --
2023 $126,888 $6,154,098 $1,919,340 $4,234,758
2022 $62,895 $2,978,932 $0 $0
2021 $46,318 $2,174,349 $725,000 $1,449,349
2020 $13,182 $600,000 $600,000 $0
2019 $12,851 $575,000 $575,000 $0
2018 $4,369 $229,893 $0 $0
2017 $4,298 $225,165 $0 $0
2016 $4,282 $220,534 $0 $0
2015 $4,363 $219,001 $0 $0
2014 $4,370 $217,263 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10402063

BeachesMLS

APN: 74-43-43-34-01-008-0270