NOT LISTED FOR SALE

Estimated Value: $6,906,000 - $10,188,665

3 Beds
3 Baths
3,445 Sq Ft
$2,455/Sq Ft Est. Value

Last Sold February 02, 2015

Last sale price $2,900,000 $842 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $50,850/month

84 Days on Market

Highlights

  • Outdoor Pool
  • Waterfront
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Lanai

About This Home

As of February 2015

In-town 3BR/3BA home on desirable Palm Beach street. Marble floors, state-of-the-art kitchen with Subzero refrigerator and Thermadore double ovens, Pella windows with shades between glass, 3-zone central air, and much more. Close to beach, clubs, restaurants and shopping.

Last Agent to Sell the Property

THOR BROWN

THE FITE GROUP Listed on: 10/28/2014

Last Buyer's Agent

Earl Hollis

Earl A. Hollis, Inc. License #40591

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,611

Year Built

  • Built in 1993

Lot Details

  • 0.3 Acre Lot
  • Waterfront
  • North Facing Home
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned RB

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 3,445 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Casement Windows
  • Dining Room
  • Library
  • Utility Room

Kitchen

  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Drake Park Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434314020000070

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,611

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: 105
  • Subdivision Name: Drake Park
  • Architectural Style: Mediterranean, One Story
  • Year Built: 1993
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 18611.0
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Living Area: 3445.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 105
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • General Property Description:Lot SqFt: 13068
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Style:One Story: Yes
  • Roof:Barrel Tile: Yes
  • Style:Mediterranean: Yes
  • Windows:Casement: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Electric, Oven-Double, Microwave, Washer, Dryer, Central Vac System
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, W/W Carpeting
  • Interior Amenities: Bidet, Cable, Ceiling Fan, Smoke Detectors, Pantry
  • Living Area: 3445.0
  • Window Features: Casement
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Bidet: Yes
  • Appliances:Central Vac System: 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, Fence-Back Wall, Storm Shutters, Sprinkler System
  • Roof: Barrel
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking Features: 2 Car
  • Garage:_two_ Car: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 13068.0
  • Parcel #: 50434314020000070
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 18611.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2015
Sold by
Mccready Holdings Llc
Bought by
Mccready Richard E
Total Days on Market
84
Current Estimated Value
$8,456,416

Purchase Details

Listed on
Oct 28, 2014
Closed on
Jan 29, 2015
Sold by
Fromson Lorrie S
Bought by
Mccready Holdings Llc
Seller's Agent
THOR BROWN
THE FITE GROUP
Buyer's Agent
Earl Hollis
Earl A. Hollis, Inc.
List Price
$2,900,000
Sold Price
$2,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%

Purchase Details

Listed on
Jun 4, 2014
Closed on
May 21, 2014
Sold by
Sirigotis James D and Sirigotis Louise M
Bought by
Fromson Lorrie S
Seller's Agent
TONI HOLLIS
THE FITE GROUP
Buyer's Agent
THOR BROWN
BARCLAYS INTERNATIONAL REALTY
List Price
$2,570,000
Sold Price
$2,570,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.14%
Original Mortgage
$1,100,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2005
Sold by
Sirigotis James D and Sirigotis Louise M
Bought by
Sirigotis Louise M

Purchase Details

Closed on
Aug 3, 2004
Sold by
Sirigotis James D
Bought by
Sirigotis James D and Sirigotis Louise M
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
Mccready Richard E -- Attorney
Mccready Holdings Llc $2,900,000 None Available
Fromson Lorrie S $2,570,000 None Available
Sirigotis Louise M -- None Available
Sirigotis James D -- None Available
Sirigotis James D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fromson Lorrie S $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2015 02/02/15 Sold $2,900,000 0.0% $842 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
10/28/2014 10/28/14 For Sale $2,900,000 +12.8% $842 / Sq Ft
06/18/2014 06/18/14 Sold $2,570,000 0.0% $746 / Sq Ft
06/18/2014 06/18/14 Sold $2,570,000 0.0% $746 / Sq Ft
06/12/2014 06/12/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $2,570,000 -11.4% $746 / Sq Ft
05/19/2014 05/19/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $2,900,000 -- $842 / 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 $40,557 $2,686,553 -- --
2023 $39,663 $2,608,304 $0 $0
2022 $39,718 $2,532,334 $0 $0
2021 $40,434 $2,458,577 $0 $0
2020 $40,506 $2,424,632 $0 $0
2019 $40,425 $2,370,119 $0 $0
2018 $38,429 $2,325,926 $0 $0
2017 $38,432 $2,278,086 $0 $0
2016 $37,864 $2,231,230 $0 $0
2015 $42,147 $2,343,132 $0 $0
2014 $42,756 $2,346,585 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-2202

APN: 50-43-43-14-02-000-0070