$3,000,000
SOLD JUN 1, 2017
0.31 Acre
$9,615,187 Price per Acre
13,591 Sq Ft Lot

Recently Sold

$728 Per Sq Ft

22% Below List Price

349 Days on Market

Highlights

  • Garden View
  • 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 PB License #667093 Listed on: 05/17/2016

Brown Harris Stevens of PB

Last Buyer's Agent

Wally Turner

Sotheby's Intl. Realty, Inc. License #584810

Sotheby's Intl. Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,105

Year Built

  • 1927

Lot Details

  • 0.31 Acre Lot
  • South Facing Home
  • Corner Lot
  • Site Plan Filed
  • Property is zoned R-B(ci

Property Views

  • Garden Views

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

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North on North Lake Way to Miraflores, turn right and house on NW corner.
  • Special Features: None
  • Year Built: 1927

Exterior Features

  • View: Garden
  • Lot Features: Corner Lot
  • Waterfront: No
  • Disclosures: Easement(s)
  • Direction Faces: South

Lot Info

  • Parcel #: 50434314030000190
  • Development Status: Site Plan Filed
  • Lot Size: 100
  • Lot Size Sq Ft: 13591.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 18105.0

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
349
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
13.96%
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

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 $3,000,000 Attorney
Warranty Deed $100 --
Warranty Deed $812,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,700,000 Adjustable Rate Mortgage/ARM
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: 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 $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: BeachesMLS

MLS Number: R10235632

BeachesMLS

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