NOT LISTED FOR SALE

Estimated Value: $12,779,667

4 Beds
4 Baths
4,760 Sq Ft
$2,685/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $9,857,100 $2,071 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $81,845/month

14 Days on Market

Highlights

  • Heated Pool
  • 1 Car Attached Garage
  • Attached Carport
  • Palm Beach Public School Rated A-
  • Impact Glass
  • Awning

About This Home

As of September 2021

A big, beautiful North End property for anyone looking to build new or renovate. Lot is just under 1/2 acre at 20,592 sqft. (125' wide x 165' deep). Via Marila is one of the few north end streets with deeded beach access at one end of the block and Lake Trail access at the other. Main house is 1950 cement block construction with 6 bedrooms, 4.5 baths and 3,700 sqft under air. The Guest house/Garage sits on the Laurian Lane alleyway- it has 2 bedrooms, 2 baths, living room, kitchen, one car garage and 1,050 sqft under air. AC is new as of 2020, cement tile roof is 2014. The house is a rambling, comfortable family home that offers a buyer a variety of options. Live there, lease it, renovate or build new.

Last Agent to Sell the Property

Lisa Cregan

Sotheby's Intl. Realty, Inc. License #3389810 Listed on: 08/07/2021

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Crista Ryan

Tina Fanjul Associates, Inc. License #451844

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,867

Year Built

  • Built in 1950

Lot Details

  • 0.47 Acre Lot
  • Property is zoned R-B(ci

Parking

  • 1 Car Attached Garage
  • Attached Carport

Home Design

  • Concrete Roof

Interior Spaces

  • 4,760 Sq Ft Home
  • 2-Story Property
  • Awning
  • Impact Glass

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Water Not Available

Community Details

  • Tropic Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303180000080

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,867

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Via Marila is the 7th street north of the Palm Beach Country Club. From N Ocean Blvd turn left or from N Lake Way turn right. House is middle of the block on south side of the street.
  • Year Built: 1950
  • Carport Y N: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Pantry
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Microwave, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Other
  • Living Area: 4760.0
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Awning(s)
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached Carport, Attached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434303180000080
  • Lot Size Sq Ft: 20592.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 57867.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2021
Closed on
Sep 21, 2021
Sold by
Trafelet Remy and Trafelet Melissa J
Bought by
Rabideau Guy and 248 Via Marila Trust
Seller's Agent
Lisa Cregan
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Crista Ryan
Tina Fanjul Associates, Inc.
List Price
$10,900,000
Sold Price
$9,857,100
Premium/Discount to List
-$1,042,900
-9.57%
Total Days on Market
14
Current Estimated Value
$12,779,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,922,567
Avg. Annual Appreciation
7.27%

Purchase Details

Listed on
Aug 7, 2021
Closed on
Aug 19, 2021
Sold by
Singer Island Marine Co Lc
Bought by
Trafelet Remy
Seller's Agent
Lisa Cregan
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Crista Ryan
Tina Fanjul Associates, Inc.
List Price
$10,900,000
Sold Price
$9,857,100
Premium/Discount to List
-$1,042,900
-9.57%

Purchase Details

Closed on
Jun 24, 2020
Sold by
Singer Island Marine Co L C
Bought by
Trafelet Remy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,120,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 1996
Sold by
Engelhardt Philip Land Helen P
Bought by
Singer Island Marine Co Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,600
Interest Rate
7.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 1993
Sold by
Englehardt Philip L and Englehardt Helen P
Bought by
Englehardt Philip L and Englehardt Helen P
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
Rabideau Guy $9,857,100 Attorney
Trafelet Remy -- Attorney
Trafelet Remy $4,800,000 Attorney
Singer Island Marine Co Lc $100 --
Singer Island Marine Co Lc $742,000 --
Englehardt Philip L -- --
Englehardt Philip L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 248 Via Marila Trust $11,000,000
Previous Owner Trafelet Remy $3,120,000
Previous Owner Singer Island Marine Co Lc $593,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $9,857,100 -9.6% $2,071 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/07/2021 08/07/21 For Sale $10,900,000 -- $2,290 / 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 $121,285 $8,111,601 -- --
2023 $128,882 $8,523,596 $0 $0
2022 $129,117 $8,275,336 $0 $0
2021 $70,602 $4,291,474 $4,058,683 $232,791
2020 $57,867 $3,780,835 $3,771,425 $9,410
2019 $53,902 $3,445,492 $3,428,568 $16,924
2018 $49,469 $3,444,117 $3,428,568 $15,549
2017 $42,244 $2,563,498 $2,547,825 $15,673
2016 $40,204 $2,144,558 $0 $0
2015 $37,400 $1,949,598 $0 $0
2014 $34,339 $1,772,362 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10736826

BeachesMLS

APN: 50-43-43-03-18-000-0080