$6,200,000
SOLD JUL 5, 2022
3 Beds
3 Baths
1,984 Sq Ft
10,170 Sq Ft Lot

Recently Sold

$3,125 Per Sq Ft

11% Below List Price

26 Days on Market

Highlights

  • Room in yard for a pool
  • Jalousie or louvered window
  • Tile Flooring
  • Palm Beach Public School Rated A-
  • Attached Garage
  • Attached Carport

About This Home

As of July 2024

113 FEET OF FRONTAGE ON BAHAMA LANE BY 90 FEET DEEP TO GOLF COURSE.10,170 SQUARE FOOT LOT WITH EXCELLENT ELEVATION. SOUTH FACING GOLF COURSE. CBS CONSTRUCTION. RENOVATE OR BUILD. THREE BEDROOM, 3 BATH HOME WITH ROOM FOR LARGE POOL. DEEDED BEACH ACCESS.

Last Agent to Sell the Property

Toni Hollis

The Corcoran Group License #40603 Listed on: 06/06/2022

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,935

Year Built

  • Built in 1958

Lot Details

  • 10,170 Sq Ft Lot
  • Property is zoned R-B(ci

Home Design

  • Concrete Roof

Interior Spaces

  • 1,984 Sq Ft Home
  • 1-Story Property
  • Jalousie or louvered window
  • Family Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Attached Carport

Pool

  • Room in yard for a pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Bahama Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434310020000150

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,935

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North County Road to Bahama Lane.
  • Year Built: 1958
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms, Tub Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 1984.0
  • Dining Room Type: Family Room
  • Stories: 1
  • Window Features: Jalousie

Exterior Features

  • Exterior Features: Room For Pool
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: No
  • Parking Features: Attached Carport, Attached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 50434310020000150
  • Lot Size: 113.0 ft x 90.0 ft
  • Lot Size Sq Ft: 10170.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 39935.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Jul 2, 2024
Sold by
250 Bahama Lane Trust and Broberg Peter S
Bought by
Prince Patrick Wood and Prince Meredith Wood
Seller's Agent
TONI HOLLIS
The Corcoran Group
Buyer's Agent
Elaine Edwards
Brown Harris Stevens of Palm Beach 5225
List Price
$6,950,000
Sold Price
$6,350,000
Premium/Discount to List
-$600,000
-8.63%
Views
94
Current Estimated Value
$6,592,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,174
Avg. Annual Appreciation
3.49%

Purchase Details

Listed on
Jun 6, 2022
Closed on
Jul 1, 2022
Sold by
320 Sunset Road Llc
Bought by
250 Bahama Lane Land Trust
Seller's Agent
Toni Hollis
The Corcoran Group
List Price
$6,975,000
Sold Price
$6,200,000
Premium/Discount to List
-$775,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.21%
Original Mortgage
$2,800,000
Interest Rate
5.1%
Mortgage Type
Balloon

Purchase Details

Listed on
Jun 6, 2022
Closed on
Jun 1, 2022
Sold by
Baker Jeffrey E L
Bought by
320 Sunset Road Llc
Seller's Agent
Toni Hollis
The Corcoran Group
List Price
$6,975,000
Sold Price
$6,200,000
Premium/Discount to List
-$775,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
5.1%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 19, 2010
Sold by
Baker Brenda
Bought by
Baker Jeffrey E L
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 Type Sale Price Title Company
Warranty Deed $6,350,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $6,200,000 Nagle Gary J
Warranty Deed $5,350,525 Coe & Broberg Llp
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,800,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $6,350,000 -8.6% $3,201 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $6,950,000 +12.1% $3,503 / Sq Ft
07/05/2022 07/05/22 Sold $6,200,000 -11.1% $3,125 / Sq Ft
06/08/2022 06/08/22 For Sale $6,975,000 0.0% $3,516 / Sq Ft
09/09/2014 09/09/14 Rented $5,025 +11.7% --
08/10/2014 08/10/14 Under Contract -- -- --
05/12/2014 05/12/14 For Rent $4,500 -- --
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 $88,107 $5,861,603 -- --
2023 $86,653 $5,714,169 $5,339,250 $374,919
2022 $49,686 $2,624,413 $0 $0
2021 $39,935 $2,428,489 $2,420,460 $8,029
2020 $36,917 $2,201,255 $2,196,720 $4,535
2019 $34,638 $2,042,624 $2,034,000 $8,624
2018 $34,449 $2,448,650 $2,440,800 $7,850
2017 $29,443 $1,835,628 $1,827,778 $7,850
2016 $28,163 $1,481,413 $0 $0
2015 $26,188 $1,346,739 $0 $0
2014 $23,657 $1,224,308 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10806688

BeachesMLS

APN: 50-43-43-10-02-000-0150