NOT LISTED FOR SALE

242 Tangier Ave Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $7,879,000 - $16,840,800

5 Beds
8 Baths
5,227 Sq Ft
$2,137/Sq Ft Est. Value

Last Sold June 14, 2016

Last sale price $7,900,000 $1,511 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $73,399/month

59 Days on Market

Highlights

  • Concrete Pool
  • Garage Apartment
  • Vaulted Ceiling
  • Palm Beach Public School Rated A-
  • Deck
  • Roman Tub

About This Home

As of June 2016

No detail has been spared in this sophisticated Island masterpiece. Designer finishes throughout and located on highly sought after Tangier Avenue close to the Lake Trail, beach, shopping and restaurants. Make a grand entrance in the sun drenched foyer where a hand carved spiral staircase opens onto the most gracious living room, library/guest suite, dining room, and den with walnut hardwood flooring throughout. Imagine your very own Nancy Meyers movie kitchen come to life, with white-on-white custom cabinetry, marble countertops, and top of the line appliances, including dual Bosch dishwashers, dual Wolf ovens, Thermador cooktop, and integrated Sub-Zero refrigeration. Fix a cocktail or coffee in the attached butler's pantry, featuring refrigerated drawers, ice maker, wine storage, and

Last Agent to Sell the Property

Ann Bloys

William Raveis Real Estate License #3247732 Listed on: 03/16/2016

Last Buyer's Agent

Cris Condon

Sotheby's Intl. Realty, Inc. License #392210

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,536

Year Built

  • Built in 2008

Lot Details

  • 0.5 Acre Lot
  • Sprinkler System
  • Property is zoned RB

Parking

  • 2 Car Garage
  • Garage Apartment
  • Garage Door Opener

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 5,227 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Awning
  • Plantation Shutters
  • Double Hung Metal Windows
  • Arched Windows
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Pool Views
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Concrete Pool
  • Saltwater Pool
  • Pool Equipment or Cover

Outdoor Features

  • Balcony
  • Deck
  • Open Patio
  • Outdoor Grill
  • Porch

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434314010000242

Community Details

Overview

  • Tangier Estates Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,536

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: In the Town of Palm Beach, travel on N. County Road, left turn on Tangier
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Interior Amenities: Attic, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, French Door(s)/Atrium Door(s), Garden Tub/Roman Tub, Pull Down Attic Stairs, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Flooring: Marble, Wood
  • Living Area: 5227.0
  • Dining Room Type: Den, Garage Apartment, Laundry
  • Stories: 2
  • Window Features: Arched, Double Hung, Impact Glass, Metal, Plantation Shutters

Exterior Features

  • Exterior Features: Awning(s), Balcony, Deck, Outdoor Grill, Porch, Patio
  • View: Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Concrete, Heated, Pool Equipment, Pool, Salt Water
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Balcony, Deck, Open, Patio, Porch
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: In Garage, Laundry Tub
  • Security: Security System, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434314010000242
  • Lot Size Sq Ft: 21779.0
  • Zoning Description: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 56536.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
Jun 13, 2016
Sold by
Bloys Senie
Bought by
Frist Julie and Frist Thomas
Seller's Agent
Ann Bloys
William Raveis Real Estate
Buyer's Agent
Cris Condon
Sotheby's Intl. Realty, Inc.
List Price
$8,900,000
Sold Price
$7,900,000
Premium/Discount to List
-$1,000,000
-11.24%
Total Days on Market
59
Current Estimated Value
$11,167,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,267,600
Avg. Annual Appreciation
3.93%

Purchase Details

Closed on
Mar 26, 2015
Sold by
Bloys David P and Bloys Senie
Bought by
Bloys Senie

Purchase Details

Closed on
May 24, 2011
Sold by
Hawkins William J
Bought by
Bloys David P and Bloys Senie

Purchase Details

Closed on
Oct 15, 2008
Sold by
True Karen
Bought by
Hawkins William J

Purchase Details

Closed on
Feb 28, 2007
Sold by
Tangier Investments Llc
Bought by
True Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,755,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2005
Sold by
True Karen
Bought by
Tangler Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,580,000
Interest Rate
5.66%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 28, 2004
Sold by
Carson Creek Corp
Bought by
True Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,500
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2001
Sold by
Heiges Virginia R
Bought by
Carson Creek Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,562,500
Interest Rate
7.53%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Frist Julie $7,900,000 Attorney
Bloys Senie -- None Available
Bloys David P $4,180,000 Attorney
Hawkins William J $5,500,000 Attorney
True Karen -- Attorney
Tangler Investments Llc -- Flagler Title Company
True Karen $1,750,000 --
Carson Creek Corp $1,625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frist Thomas $5,000,000
Previous Owner Bloys Senie Bartoli $1,600,000
Previous Owner True Karen $3,755,000
Previous Owner Tangler Investments Llc $3,580,000
Previous Owner True Karen $1,312,500
Previous Owner Carson Creek Corp $1,562,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2016 06/14/16 Sold $7,900,000 -11.2% $1,511 / Sq Ft
05/15/2016 05/15/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $8,900,000 -- $1,703 / 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 $169,583 $8,984,455 -- --
2023 $155,530 $8,167,686 $0 $0
2022 $132,057 $7,425,169 $0 $0
2021 $110,457 $6,860,212 $3,034,640 $3,825,572
2020 $101,388 $6,136,504 $2,714,160 $3,422,344
2019 $94,730 $5,613,490 $2,476,800 $3,136,690
2018 $96,894 $5,934,760 $2,484,000 $3,450,760
2017 $99,426 $5,958,760 $2,700,000 $3,258,760
2016 $54,666 $3,208,101 $0 $0
2015 $56,536 $3,185,800 $0 $0
2014 $56,808 $3,160,516 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Ann Bloys

    William Raveis Real Estate

    (561) 655-6570

    Ann Bloys
    Section Image

  • C

    Buyer's Agent in 2016

    Cris Condon

    Sotheby's Intl. Realty, Inc.

    (561) 301-2211

    3 in this area

    16 Total Sales

    Cris Condon
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Map

Source: BeachesMLS

MLS Number: R10217186

BeachesMLS

APN: 50-43-43-14-01-000-0242

Florida Palm Beach County Palm Beach 33480 North End

242 Tangier Ave, Palm Beach, FL

This home is located at 242 Tangier Ave, Palm Beach, FL 33480 since 16 March 2016 and is currently estimated at $11,167,600, approximately $2,136 per square foot. This property was built in 2008. 242 Tangier Ave is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

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.

BeachesMLS 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.

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