NOT LISTED FOR SALE

Estimated Value: $6,869,875 - $8,432,000

5 Beds
6 Baths
5,513 Sq Ft
$1,388/Sq Ft Est. Value

Last Sold December 08, 2014

Last sale price $2,900,000 $526 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $45,543/month

671 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Pool and Spa
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • 3-minute walk to Monceaux Park

About This Home

As of December 2014

Magnificent Mediterranean estate in historic El Cid across from Intracoastal waterway. 5BR/6.5BA with 2 car garage. Saturnia & hardwood floors, Mahogany entry door, impact windows and doors, chef's kitchen with top of the line appliances, balconies with incredible water views, guest house, pool, spa and summer kitchen.

Last Agent to Sell the Property

MARTIN CONROY

THE FITE GROUP Listed on: 01/16/2013

Last Buyer's Agent

KIM RAICH

Linda A. Gary Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,462

Year Built

  • Built in 2004

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home
  • Back and Front Yard Fenced
  • Sprinkler System
  • Property is zoned SF14

Home Design

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

Interior Spaces

  • 5,513 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Casement Windows
  • Dining Room

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai
  • Attached Grill

Utilities

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

Community Details

  • No Home Owners Association
  • El Cid Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 74434334010080540

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,462

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 148
  • Subdivision Name: El Cid
  • Directions: Okeechobee East, Flagler Drive South, one house South of Belmonte
  • Architectural Style: Mediterranean, Two Story
  • Garage Yn: Yes
  • Year Built: 2004
  • Location Tax Legal:Zoned: SF14
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 38462.0
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Living Area: 5513.0
  • 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): 148
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Pets:Pets Allowed: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:East: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Style:Mediterranean: Yes
  • Windows:Casement: Yes
  • Waterfront:ICW - Across Street: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble
  • Interior Amenities: Cable, Ceiling Fan, Fireplace, Sound System, Smoke Detectors, Pantry
  • Living Area: 5513.0
  • Window Features: Casement, Impact Glass-Full
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Fresh Water, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: ICW - Across Street
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Fence-Front Wall, Built-in Grill, Sprinkler System
  • 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
  • Pool/Spa: Yes
  • Exterior Features:Built-in Grill: Yes
  • Exterior Features:Fence-Front Wall: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached, Door Opener
  • Garage: Yes
  • Garage:_two_ Car: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 74434334010080540
  • Zoning: SF14

Tax Info

  • Tax Annual Amount: 38462.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2013
Closed on
Dec 5, 2014
Sold by
Marini Justin and Nancy Marini Qpr Trust
Bought by
Youngman Richard S and Richard S Youngman Trust
Seller's Agent
MARTIN CONROY
THE FITE GROUP
Buyer's Agent
KIM RAICH
Linda A. Gary Real Estate
List Price
$2,900,000
Sold Price
$2,900,000
Total Days on Market
671
Current Estimated Value
$7,652,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,752,219
Avg. Annual Appreciation
9.69%

Purchase Details

Closed on
Nov 16, 2006
Sold by
Chase David R
Bought by
Caponera Philip S and Nancy Marini Qpr Trust

Purchase Details

Closed on
Dec 15, 2004
Sold by
Hitt Paul J and Hitt Susan B
Bought by
Cripple Creek Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
5.67%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 22, 2003
Sold by
Hitt Susan B and Hitt Paul J
Bought by
Hitt Jeffrey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 6, 2000
Sold by
Lonnee G Star
Bought by
Hitt Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 1999
Sold by
Harrison Donald F and Harrison Nancy L
Bought by
Star Lonnee G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.9%
Mortgage Type
New Conventional
Source: Public Records

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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
Youngman Richard S $2,900,000 Attorney
Caponera Philip S -- None Available
Caponera Philip S $2,850,000 None Available
Cripple Creek Holdings Llc $3,010,000 --
Hitt Jeffrey C $258,330 --
Hitt Paul J $575,000 --
Star Lonnee G $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cripple Creek Holdings Llc $1,490,000
Previous Owner Cripple Creek Holdings Llc $1,850,000
Previous Owner Hitt Jeffrey C $1,400,000
Previous Owner Hitt Paul J $705,000
Previous Owner Star Lonnee G $475,000
Previous Owner Star Lonnee G $275,000
Previous Owner Star Lonnee G $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2014 12/08/14 Sold $2,900,000 0.0% $526 / Sq Ft
11/18/2014 11/18/14 Pending -- -- --
01/16/2013 01/16/13 For Sale $2,900,000 -- $526 / 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 $59,198 $2,922,203 -- --
2023 $57,870 $2,837,090 $0 $0
2022 $57,456 $2,754,456 $0 $0
2021 $57,518 $2,674,229 $0 $0
2020 $57,292 $2,637,307 $0 $0
2019 $56,515 $2,578,013 $0 $0
2018 $54,047 $2,529,944 $0 $0
2017 $53,653 $2,477,908 $1,061,342 $1,416,566
2016 $55,902 $2,526,381 $0 $0
2015 $57,050 $2,508,819 $0 $0
2014 $38,133 $1,671,945 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 13-144

APN: 74-43-43-34-01-008-0540