NOT LISTED FOR SALE

Estimated Value: $7,468,000 - $8,892,006

4 Beds
5 Baths
4,028 Sq Ft
$2,000/Sq Ft Est. Value

Last Sold March 04, 2019

Last sale price $4,100,000 $1,018 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $48,819/month

769 Days on Market

Highlights

  • Gas Heated Pool
  • Marble Flooring
  • Lanai
  • Palm Beach Public School Rated A-
  • Mediterranean Architecture
  • Wine Refrigerator

About This Home

As of March 2019

Experience this well designed 4 bedroom + rich paneled library with distinctive, airy floor plan and stunning finishes on two spacious floors. 14’cove ceilings, moldings, marble floors, living room with coral fireplace, luxurious master suite with two baths, private elevator, open gourmet kitchen, 2 car a/c garage in prime location.

Last Agent to Sell the Property

Paulette Koch

The Corcoran Group License #3068398 Listed on: 10/04/2016

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

Debra Tomarin

COLDWELL BANKER

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $27,665

Year Built

  • Built in 1997

Lot Details

  • Home has sun exposure from multiple directions
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,028 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Fireplace
  • Sliding Windows
  • Casement Windows
  • Dining Room
  • Library
  • Utility Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal
  • Instant Hot Water

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms
  • Bidet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434314100050131

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Security

  • Hurricane or Storm Shutters
  • Partial Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$27,665

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Townhouse/Villa
  • Lot Size: 56
  • Architectural Style: Mediterranean, Two Story
  • Building Name: N/A
  • Year Built: 1997
  • Location Tax Legal:Name of Building: N/A
  • Location Tax Legal:Zoned: RC
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 27665.0
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 4028.0
  • General Property Description:Pool: Yes
  • General Property Description:_pound_ Units in Complex: 2
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:East2: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 56
  • General Property Description:Waterfrt: No
  • Exposure of Unit:North2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Sliding: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Impact Glass-Partial: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Style:Mediterranean: Yes
  • Windows:Casement: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Instant Hot Water, Microwave, Washer, Dryer, Central Vac System, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, W/W Carpeting, Other Flooring
  • Interior Amenities: Bidet, Cable, Elevator, Fireplace, Sound System, Smoke Detectors, Wet Bar, Wndw Trmnts Included
  • Living Area: 4028.0
  • Stories: 2
  • Window Features: Casement, Impact Glass-Partial, Sliding
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Interior Features:Bidet: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Central Vac System: Yes
  • Interior Features:Sound System: Yes
  • Appliances:Instant Hot Water: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Fresh Water, Heated - Gas
  • Pool Private: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Sprinkler System, Fence - Back Wall, Storm Shutters- Auto
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Storm Shutters- Auto: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_two_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security System
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Parcel #: 50434314100050131
  • Zoning: RC

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 27665.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2019
Sold by
Gaugler Theresa M and Hammond Michael B
Bought by
Gaugler Theresa M and Hammond Michael B
Total Days on Market
769
Current Estimated Value
$8,055,002

Purchase Details

Listed on
Oct 4, 2016
Closed on
Mar 4, 2019
Sold by
Mendez Albert O and The Albert O Mendez 2008 Revoc
Bought by
Hammond Michael B and Gaugler Theresa M
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
Debra Tomarin
COLDWELL BANKER
List Price
$4,100,000
Sold Price
$4,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%

Purchase Details

Listed on
Oct 4, 2016
Closed on
Jan 9, 2019
Sold by
Mendez Albert O and Albert O Mendez Revocable Trus
Bought by
Mendez Albert O
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
Debra Tomarin
COLDWELL BANKER
List Price
$4,100,000
Sold Price
$4,100,000

Purchase Details

Closed on
Mar 23, 2016
Sold by
Mendez Albert O
Bought by
Mendez Albert O and Albert O Mendez Revocable Trust 2016

Purchase Details

Closed on
Nov 30, 2009
Sold by
Mendez Albert O
Bought by
Mendez Albert O

Purchase Details

Closed on
Jun 1, 2008
Sold by
Mendez Albert O
Bought by
Mendez Albert O and Albert O Mendez 2008 Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 30, 1997
Sold by
Dobbs Henri T
Bought by
Mendez Albert O

Purchase Details

Closed on
Mar 7, 1997
Sold by
Euro Homes Inc
Bought by
Dobbs Henri T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 1997
Sold by
Euro Homes Inc
Bought by
Hibiscus Estate Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.9%
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
Gaugler Theresa M -- Attorney
Hammond Michael B $3,412,475 Trident Title
Mendez Albert O -- None Available
Mendez Albert O -- None Available
Mendez Albert O -- None Available
Mendez Albert O -- None Available
Mendez Albert O $1,375,000 --
Dobbs Henri T $1,450,000 --
Hibiscus Estate Inc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendez Albert O $3,045,000
Previous Owner Mendez Albert O $1,000,000
Previous Owner Mendez Albert O $149,000
Previous Owner Hibiscus Estate Inc $1,000,000
Previous Owner Hibiscus Estate Inc $1,000,000
Previous Owner Hibiscus Estate Inc $700,000
Previous Owner Hibiscus Estate Inc $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2019 03/04/19 Sold $4,100,000 0.0% $1,018 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
10/04/2016 10/04/16 For Sale $4,100,000 -- $1,018 / 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 $43,231 $2,889,010 -- --
2023 $42,302 $2,804,864 $0 $0
2022 $42,364 $2,723,169 $0 $0
2021 $43,107 $2,643,853 $0 $0
2020 $43,194 $2,607,350 $1,500,000 $1,107,350
2019 $29,108 $1,717,513 $0 $0
2018 $27,665 $1,685,489 $0 $0
2017 $27,707 $1,653,341 $0 $0
2016 $27,266 $1,619,335 $0 $0
2015 $28,198 $1,608,078 $0 $0
2014 $28,331 $1,595,315 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-2122

APN: 50-43-43-14-10-005-0131