$2,362,000
SOLD APR 29, 2021
6 Beds
5 Baths
2,737 Sq Ft
3,500 Sq Ft Lot

Recently Sold

$863 Per Sq Ft

26% Below List Price

98 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Sun or Florida Room
  • Palm Beach Public School Rated A-
  • Mediterranean Architecture
  • Den

About This Home

As of April 2021

Mediterranean Palm Beach Island property. Magnificent 1924 home, exclusive views on two parks, one to the front and one to the east. Nestled in the heart of Palm Beach, a walking distance to the beaches, markets( Amici and Publix), houses of worship, banks and restaurants/bars (Sant Ambroeus, Henry's, Trevini...)The residence is spacious offering six bedrooms and five bathrooms. Designed within a large living room, dining room, florida room, kitchen, pantry, laundry room and separate guest/staff quarters. The east side suggests ample lot size to possibly set a pool .The residence exudes charm and authenticity of a Mediterranean island house. Take advantage of this blank canvas and tailor it to your imagination.

Last Agent to Sell the Property

Jerome Brun De Saint Hippolyte

The Corcoran Group License #3478223 Listed on: 12/21/2020

The Corcoran Group

Last Buyer's Agent

Jerome Brun De Saint Hippolyte

The Corcoran Group License #3478223 Listed on: 12/21/2020

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,167

Year Built

  • Built in 1924

Lot Details

  • 3,500 Sq Ft Lot
  • Property is zoned R-C(ci

Home Design

  • Mediterranean Architecture
  • Frame Construction

Interior Spaces

  • 2,737 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Double Hung Metal Windows
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • Bungalow Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434315080000110

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,167

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Bradley Place North to Park , RIght to Property
  • Year Built: 1924
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Fireplace
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Microwave, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Living Area: 2737.0
  • Dining Room Type: Den, Family Room, Laundry, Storage Room, Dining Room, Florida Room
  • Stories: 2
  • Window Features: Double Hung, Metal

Exterior Features

  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway, On Street

Utilities

  • Laundry Features: Laundry Tub
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Sidewalks
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434315080000110
  • Lot Size Sq Ft: 3500.0
  • Zoning Description: R-C(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 19167.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 28, 2021
Sold by
Park Ave Llc
Bought by
Mcgowan Patrick and Mcgowan Lisa
Seller's Agent
Jerome Brun De Saint Hippolyte
The Corcoran Group
Buyer's Agent
Jerome Brun De Saint Hippolyte
The Corcoran Group
List Price
$2,362,000
Sold Price
$2,362,000
Current Estimated Value
$5,330,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,968,022
Avg. Annual Appreciation
13.53%

Purchase Details

Listed on
Apr 29, 2013
Closed on
May 20, 2014
Sold by
Hicks Carolyn Robinson and Hicks George Russell
Bought by
251 Park Ave Llc
Seller's Agent
Paul Bergman
Douglas Elliman
Buyer's Agent
Paul Bergman
Douglas Elliman
List Price
$799,000
Sold Price
$513,000
Premium/Discount to List
-$286,000
-35.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.97%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $2,362,000 Attorney
Warranty Deed $513,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $550,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $2,362,000 0.0% $863 / Sq Ft
04/29/2021 04/29/21 Sold $2,362,000 0.0% $863 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/08/2021 03/08/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $2,362,000 -26.1% $863 / Sq Ft
12/21/2020 12/21/20 For Sale $3,198,000 0.0% $1,168 / Sq Ft
04/15/2015 04/15/15 Rented $5,000 -16.6% --
03/16/2015 03/16/15 Under Contract -- -- --
02/24/2015 02/24/15 For Rent $5,998 0.0% --
06/23/2014 06/23/14 Sold $513,000 -35.8% $185 / Sq Ft
05/24/2014 05/24/14 Pending -- -- --
04/29/2013 04/29/13 For Sale $799,000 -- $289 / 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 $31,544 $2,085,390 -- --
2023 $30,833 $2,024,650 $0 $0
2022 $30,868 $1,965,680 $0 $0
2021 $21,519 $1,330,806 $1,150,000 $180,806
2020 $19,167 $1,097,192 $900,000 $197,192
2019 $18,004 $1,011,894 $864,000 $147,894
2018 $16,567 $1,011,465 $949,047 $62,418
2017 $14,832 $826,543 $747,281 $79,262
2016 $14,350 $783,859 $0 $0
2015 $13,091 $712,599 $0 $0
2014 $4,638 $276,699 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10679776

BeachesMLS

APN: 50-43-43-15-08-000-0110