G
Seller's Agent in 2016
Gary Pohrer
Serhant
(561) 262-0856
38 in this area
104 Total Sales
242 Cherry Ln Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $5,915,000 - $7,060,875
3
Beds
2
Baths
1,850
Sq Ft
$3,595/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Built in 1955 | Newly Remodeled
- Waterfront
- Palm Beach Public School Rated A-
- Heated Pool
- Vaulted Ceiling
About This Home
As of May 2016Completely remodeled home located on a quiet street. Brand New kitchen, windows, bathrooms, A/C, Electric, Plumbing and Pool. Beach access just steps away! Perfect home for those looking for low maintenance. Home has great 8.5 Foot elevation as well. Will also entertain a trade. Open floor-plan, marble bathroom flooring and in kitchen. Clean, new and beautiful!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,943
Year Built
- Built in 1955 | Newly Remodeled
Lot Details
- 10,000 Sq Ft Lot
- Waterfront
- North Facing Home
- Fenced
- Interior Lot
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
- Parking Garage Space
Home Design
- Entry on the 1st floor
- Frame Construction
- Tile Roof
- Concrete Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 1,850 Sq Ft Home
- Property has 1 Level
- Vaulted Ceiling
- Sliding Windows
- Florida or Dining Combination
- Utility Room in Garage
- Garden
- Complete Impact Glass
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Free-Standing Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Dual Sinks
- Shower
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Room
- Laundry in Garage
- Dryer
- Washer
- Laundry Tub
Pool
- Heated Pool
- Outdoor Shower
Outdoor Features
- Property has ocean access
- Patio
Schools
- Palm Beach Public Elementary School
Utilities
- Zoned Heating and Cooling
- Heating System Uses Gas
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 50434310090000050
Community Details
Overview
- No Home Owners Association
- Cherry Lane Subdivision
Recreation
- Community Pool
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2016
Closed on
May 6, 2016
Sold by
Bought by
Buyer's Agent
Gary Pohrer
Serhant
List Price
$2,695,000
Sold Price
$2,350,000
Premium/Discount to List
-$345,000
-12.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,300,625
Avg. Annual Appreciation
10.76%
Original Mortgage
$1,550,000
Outstanding Balance
$1,202,226
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$5,448,399
Purchase Details
Listed on
Jan 7, 2015
Closed on
Apr 9, 2015
Sold by
Bought by
Buyer's Agent
Nick Jackson
The Global Real Estate Group
List Price
$1,099,900
Sold Price
$1,249,000
Premium/Discount to List
$149,100
13.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.64%
Original Mortgage
$950,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 22, 2014
Sold by
Bought by
Purchase Details
Closed on
Apr 26, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 5, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 24, 2002
Sold by
Bought by
Purchase Details
Closed on
Jul 1, 1998
Sold by
Bought by
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,350,000 | Attorney | ||
| $1,249,000 | None Available | ||
| $1,150,700 | None Available | ||
| $1,150,000 | -- | ||
| $825,000 | -- | ||
| $35,000 | -- | ||
| $100 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,550,000 | ||
| Previous Owner | $950,000 | ||
| Previous Owner | $920,000 | ||
| Previous Owner | $815,000 | ||
| Previous Owner | $25,000 | ||
| Previous Owner | $15,000 | ||
| Previous Owner | $25,000 | ||
| Previous Owner | $40,000 | ||
| Previous Owner | $9,164 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/16/2016 05/16/16 | Sold | $2,350,000 | 0.0% | $1,270 / Sq Ft | |
| 05/16/2016 05/16/16 | Sold | $2,350,000 | -12.8% | $1,270 / Sq Ft | View Prior Sale |
| 04/16/2016 04/16/16 | Pending | -- | -- | -- | |
| 04/16/2016 04/16/16 | Pending | -- | -- | -- | |
| 02/15/2016 02/15/16 | For Sale | $2,695,000 | 0.0% | $1,457 / Sq Ft | |
| 02/15/2016 02/15/16 | For Sale | $2,695,000 | +115.8% | $1,457 / Sq Ft | |
| 04/10/2015 04/10/15 | Sold | $1,249,000 | +13.6% | $701 / Sq Ft | View Prior Sale |
| 03/11/2015 03/11/15 | Pending | -- | -- | -- | |
| 01/07/2015 01/07/15 | For Sale | $1,099,900 | -- | $617 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $65,509 | $3,455,091 | ||
| 2024 | $65,509 | $3,140,992 | ||
| 2023 | $62,309 | $2,855,447 | $0 | $0 |
| 2022 | $53,341 | $2,595,861 | $0 | $0 |
| 2021 | $40,199 | $2,611,762 | $2,230,000 | $381,762 |
| 2020 | $33,359 | $2,012,036 | $1,972,500 | $39,536 |
| 2019 | $32,794 | $1,936,504 | $1,800,000 | $136,504 |
| 2018 | $30,143 | $1,838,886 | $1,751,494 | $87,392 |
| 2017 | $31,959 | $1,908,330 | $1,903,798 | $4,532 |
| 2016 | $30,585 | $1,768,293 | $0 | $0 |
| 2015 | $26,566 | $1,473,410 | $0 | $0 |
| 2014 | -- | $1,128,364 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Pohrer
-
Nick Jackson
Buyer's Agent in 2015
Nick Jackson
The Global Real Estate Group
(561) 248-6090
36 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: R10208169
APN: 50-43-43-10-09-000-0050
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 225 W Indies Dr
- 212 Cherry Ln
- 4 Windsor Ct
- 6 Windsor Ct
- 233 W Indies Dr
- 209 W Indies Dr
- 220 El Dorado Ln
- 200 Cherry Ln
- 2 Windsor Ct
- 241 W Indies Dr
- 230 El Dorado Ln
- 201 W Indies Dr
- 224 W Indies Dr
- 216 W Indies Dr
- 8 Windsor Ct
- 208 W Indies Dr
- 200 El Dorado Ln
- 249 W Indies Dr
- 221 El Dorado Ln
- 240 W Indies Dr
Your Personal Tour Guide
Ask me questions while you tour the home.