NOT LISTED FOR SALE

245 Coral Ln Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $8,701,297

3 Beds
3 Baths
3,168 Sq Ft
$2,747/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $4,450,000 $1,405 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $55,348/month

154 Days on Market

Highlights

  • Outdoor Pool
  • Waterfront
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Bermuda Architecture
  • Lanai

About This Home

As of August 2016

Charming, newly renovated, Bermuda single story home.

Last Agent to Sell the Property

Hannah Buchan

Sotheby's International Realty, Inc. License #SL-3271102 Listed on: 03/04/2016

Sotheby's International Realty, Inc.

Last Buyer's Agent

VICTORIA MERICLE

THE FITE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,728

Year Built

  • Built in 1954

Lot Details

  • 0.34 Acre Lot
  • Waterfront
  • Property is zoned RD-1

Parking

  • No Garage

Home Design

  • Bermuda Architecture
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,168 Sq Ft Home
  • Awning
  • Wood Flooring

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Stotesbury Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314060000260

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,728

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size: 102
  • Subdivision Name: Stotesbury Park
  • Directions: 1 Block North of Wells Road
  • Architectural Style: Bermuda
  • Year Built: 1954
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 37728.21
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Living Area: 3168.0
  • 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
  • General Property Description:Lot Dim (1): 102
  • Floors:Hardwood: Yes
  • Style:Bermuda: Yes
  • General Property Description:Lot SqFt: 14810
  • WaterSewer:City Water: Yes
  • Windows:Awning: Yes
  • HOA:None: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range-Gas, Washer, Dryer
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Living Area: 3168.0
  • Window Features: Awning
  • Appliances Dishwasher: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai
  • Roof: Other
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes

Garage/Parking

  • Parking Features: No Garage
  • Garage:No Garage: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: Yes
  • Lot Size Sq Ft: 14810.0
  • Parcel #: 50434314060000260
  • Zoning: RD-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 37728.21
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2016
Closed on
Aug 22, 2016
Sold by
245 Coral Lane Llc
Bought by
Rolling Oaks Pb Llc
Seller's Agent
Hannah Buchan
Sotheby's International Realty, Inc.
Buyer's Agent
VICTORIA MERICLE
THE FITE GROUP
List Price
$4,450,000
Sold Price
$4,450,000
Current Estimated Value
$8,701,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,251,297
Avg. Annual Appreciation
7.22%

Purchase Details

Closed on
Oct 16, 2013
Sold by
Flournoy John F
Bought by
245 Coral Lane Llc

Purchase Details

Closed on
Dec 26, 2012
Sold by
Buchan Richard Duke and Buchan Hannah F
Bought by
Flournoy John F

Purchase Details

Closed on
Sep 11, 2012
Sold by
Coral Lane Llc
Bought by
Buchanan Richard Duke and Buchan Hannah F

Purchase Details

Closed on
Jun 12, 2008
Sold by
Stein Richard and Stein Constance
Bought by
245 Coral Lane Llc
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
Rolling Oaks Pb Llc $4,450,000 None Available
245 Coral Lane Llc -- Attorney
Flournoy John F -- Attorney
Buchanan Richard Duke -- Attorney
245 Coral Lane Llc $2,950,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2016 08/26/16 Sold $4,450,000 0.0% $1,405 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $4,450,000 0.0% $1,405 / Sq Ft
05/04/2015 05/04/15 Rented $216,000 0.0% --
04/04/2015 04/04/15 Under Contract -- -- --
03/27/2015 03/27/15 For Rent $216,000 +20.0% --
08/15/2013 08/15/13 Rented $180,000 0.0% --
07/16/2013 07/16/13 Under Contract -- -- --
05/31/2013 05/31/13 For Rent $180,000 -- --
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 $92,497 $4,404,038 -- --
2023 $87,865 $4,003,671 $0 $0
2022 $74,815 $3,639,701 $0 $0
2021 $56,848 $3,742,904 $3,256,772 $486,132
2020 $50,778 $3,008,017 $2,918,906 $89,111
2019 $50,709 $2,979,544 $2,663,640 $315,904
2018 $44,331 $2,648,155 $2,470,958 $177,197
2017 $48,989 $2,872,077 $2,685,824 $186,253
2016 $41,279 $2,306,114 $0 $0
2015 $37,728 $2,096,467 $0 $0
2014 $37,106 $2,035,217 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2016

    Hannah Buchan

    Sotheby's International Realty, Inc.

    (646) 522-4870

    1 Total Sale

    Section Image

  • V

    Buyer's Agent in 2016

    VICTORIA MERICLE

    THE FITE GROUP

  • ROSARIO De Los REYES

    Buyer's Agent in 2015

    ROSARIO De Los REYES

    Tina Fanjul Associates, Inc.

    (561) 516-6100

    6 Total Sales

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-562

APN: 50-43-43-14-06-000-0260

Florida Palm Beach County Palm Beach 33480 North End

245 Coral Ln, Palm Beach, FL

This home is located at 245 Coral Ln, Palm Beach, FL 33480 since 04 March 2016 and is currently priced at $8,701,297, approximately $2,746 per square foot. This property was built in 1954. 245 Coral Ln 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.

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