NOT LISTED FOR SALE

Estimated Value: $7,656,000 - $9,234,064

0.31 Acre
$27,592,542 Price per Acre
13,504 Sq Ft Lot

Last Sold June 01, 2017

Last sale price $3,000,000 $728 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $55,697/month

57 Days on Market

Highlights

  • Waterfront
  • Palm Beach Public School Rated A-
  • Corner Lot

About This Lot

As of June 2017

Large 13,000 sq. ft. lot on excellent street and location.

Last Agent to Sell the Property

Anne Carmichael

Brown Harris Stevens of Palm Beach 5225 License #667093 Listed on: 11/30/2016

Brown Harris Stevens of Palm Beach 5225

Last Buyer's Agent

Wally Turner

Sotheby's International Realty, Inc. License #584810

Sotheby's International Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,105

Year Built

  • 1927

Lot Details

  • 0.31 Acre Lot
  • Waterfront
  • Southeast Facing Home
  • Corner Lot
  • Property is zoned RB

Utilities

  • Electricity To Lot Line

Community Details

  • El Paraiso Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314030000190

Property Details

Property Type

Land

Est. Annual Taxes

$18,105

Year Built

1927

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Lot Size Acres: 0.31
  • Subdivision Name: El Paraiso
  • Directions: North on North Lake Way to Miraflores, turn right and house on NW corner.
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Taxes2: 18105.0
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Waterfront: No
  • General Property Description:Lot Dim (1): 100
  • General Property Description:Lot SqFt: 13504
  • Exposure:South: Yes
  • Exposure:East: Yes
  • Land Improvements:Electric at Site: Yes
  • Land Improvements:Water Available: Yes
  • Street Type:Paved: Yes
  • WaterSewer:City Water at Site: Yes
  • WaterSewer:Sewer at Site: Yes
  • Lot Size:Corner Lot: Yes
  • Special Features: None
  • Year Built: 1927

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF, Corner Lot
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes

Utilities

  • Utilities: Electric at Site, Water Available
  • Water Source: City Water at Site, Sewer at Site

Lot Info

  • Lot Size Sq Ft: 13504.0
  • Parcel #: 50434314030000190
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 18105.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2016
Closed on
May 31, 2017
Sold by
Watchman Mary Lou
Bought by
Pfeifle Jeffrey A
Seller's Agent
Anne Carmichael
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
Wally Turner
Sotheby's International Realty, Inc.
List Price
$3,000,000
Sold Price
$3,000,000
Total Days on Market
57
Current Estimated Value
$8,553,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,553,688
Avg. Annual Appreciation
13.97%
Original Mortgage
$1,700,000
Outstanding Balance
$1,411,137
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$7,142,551

Purchase Details

Closed on
Mar 8, 1996
Sold by
Watchman William S and Watchman Lou Watchman
Bought by
Watchman Mary L

Purchase Details

Closed on
Jun 9, 1994
Sold by
Lloyd Isabelle M
Bought by
Swatchman William S
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
Pfeifle Jeffrey A $3,000,000 Attorney
Watchman Mary L $100 --
Swatchman William S $812,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pfeifle Jeffrey A $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2017 06/01/17 Sold $3,000,000 0.0% $728 / Sq Ft
06/01/2017 06/01/17 Sold $3,000,000 0.0% $728 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
01/26/2017 01/26/17 Pending -- -- --
11/30/2016 11/30/16 For Sale $3,000,000 -21.6% $728 / Sq Ft
05/17/2016 05/17/16 For Sale $3,825,000 -- $928 / 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 $92,169 $4,820,208 -- --
2023 $86,067 $4,382,007 $0 $0
2022 $75,051 $3,983,643 $0 $0
2021 $61,176 $3,787,080 $2,698,627 $1,088,453
2020 $55,562 $3,292,267 $2,412,742 $879,525
2019 $52,968 $3,069,579 $2,201,742 $867,837
2018 $47,020 $2,807,179 $2,067,457 $739,722
2017 $53,578 $3,141,672 $2,496,929 $644,743
2016 $17,515 $1,042,489 $0 $0
2015 $18,105 $1,035,242 $0 $0
2014 $18,194 $1,027,026 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-780

APN: 50-43-43-14-03-000-0190