NOT LISTED FOR SALE

Estimated Value: $5,816,000

5 Beds
5 Baths
4,996 Sq Ft
$1,164/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $8,980,000 $1,797 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $38,464/month

326 Days on Market

Highlights

  • Guest House
  • Gas Heated Pool
  • Waterfront
  • Palm Beach Public School Rated A-
  • Garage Apartment
  • 0.68 Acre Lot

About This Home

As of August 2018

Elegant 5BR/5.1BA Mediterranean on oversized 29,400 +/- In-Town lot. Estate features guest apartment, soaring pecky cypress ceilings, and 2 car garage. Beautiful grounds with formal garden, 20 Royal Palms, fountains, 40 ft. pool and loggia. Move in, remodel, or reimagine and build new.

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 10/05/2017

Last Buyer's Agent

SUZANNE FRISBIE

MCCANN COYNER CLARKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,744

Year Built

  • Built in 1930

Lot Details

  • 0.68 Acre Lot
  • Waterfront
  • Home has North and South Exposure
  • Property is zoned R-B - Low Density Residential, R-B - Low Density

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 4,996 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Dining Room
  • Library

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

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

Parking

  • 2 Car Garage
  • Garage Apartment

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Lanai

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Well Pump
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Adams Addition Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434314070000601

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,744

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.68
  • Lot Size: 150
  • Subdivision Name: Adams Addition
  • Architectural Style: Mediterranean, Two Story
  • Garage Yn: Yes
  • Year Built: 1930
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 54744.09
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 4996.0
  • 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
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 150
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 29621
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Roof:Barrel Tile: Yes
  • Style:Mediterranean: Yes
  • WaterSewer:Well Pump: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Electric, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, W/W Carpeting, Other Flooring
  • Interior Amenities: Cable, Fireplace, Smoke Detectors, Pantry
  • Living Area: 4996.0
  • Window Features: Other
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre
  • Pool Features: Pool, Fresh Water, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Other Construction
  • Exterior Features: Patio/Lanai, Storm Shutters, Guesthouse/Cottage
  • Roof: Barrel, Other
  • Exterior Features:PatioLanai: Yes
  • Construction:Other Construction: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:GuesthouseCottage: Yes

Garage/Parking

  • Parking Features: 2 Car
  • Garage:_two_ Car: Yes
  • Other Rooms:Garage Apartment: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 29621.0
  • Parcel #: 50434314070000601
  • Zoning: R-B - Low Density
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 54744.09
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2017
Closed on
Aug 30, 2018
Sold by
Morris John H and Morris Etsuko Osawa
Bought by
Jeffery Reuben and Jeffery Robin W
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
SUZANNE FRISBIE
MCCANN COYNER CLARKE
List Price
$8,980,000
Sold Price
$8,980,000
Total Days on Market
326
Current Estimated Value
$5,816,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,164,000
Avg. Annual Appreciation
-6.21%

Purchase Details

Closed on
May 12, 2016
Sold by
Morris John H and Morris Etusko O
Bought by
Mooris John H and Mooris Estskluko Sosawa

Purchase Details

Closed on
Apr 15, 1994
Sold by
Douglas Kenneth J and Douglas Vicki F
Bought by
Morris John H and Morris Etsuko O
Source: Public Records

Range of Values:

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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
Jeffery Reuben $8,980,000 Attorney
Mooris John H -- None Available
Morris John H $2,520,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeffrey Reuben $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $8,980,000 0.0% $1,797 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
10/05/2017 10/05/17 For Sale $8,980,000 -- $1,797 / 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 $350,311 $23,583,919 -- --
2023 $343,154 $22,897,009 -- --
2022 $97,106 $6,306,356 -- --
2021 $98,702 $6,122,676 $0 $0
2020 $100,678 $6,038,142 $0 $0
2019 $116,878 $6,854,496 $5,902,387 $952,109
2018 $55,857 $3,338,661 $0 $0
2017 $55,859 $3,269,991 $0 $0
2016 $54,744 $3,202,734 $0 $0
2015 $56,610 $3,180,471 $0 $0
2014 $56,887 $3,155,229 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-1984

APN: 50-43-43-14-07-000-0601