NOT LISTED FOR SALE

Estimated Value: $7,732,000 - $8,450,767

5 Beds
4.5 Baths
3,748 Sq Ft
$2,154/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $4,675,000 $1,247 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $46,585/month

356 Days on Market

Highlights

  • Heated Pool
  • Marble Flooring
  • No HOA
  • Palm Beach Public School Rated A-
  • Sun or Florida Room
  • Balcony

About This Home

As of October 2020

This classic North End Bermuda home was architecturally designed on a tiered lot with the lowest levels at 15'elevation and highest point at 23' elevation. Between its high elevation and coral ridge setting, this house requires no flood insurance (FEMA flood zone X) despite being steps from the ocean and intracoastal. Completely renovated in 2014, this home includes sleek, open interiors, vaulted tongue and groove ceilings, and original oak floors. The renovations also include a stunning custom kitchen with milk glass backsplash and eat in nook, quartzite counters, two dishwashers and top of the line appliances. LED lighting illuminates the kitchen and great room. The great room contains a custom-made island topped with antique southern yellow pine, housing two wine refrigerators and a bar. Appliances also include one ice maker and one beverage fridge for entertaining. All living spaces open to the kitchen, dining room, 3 outdoor patio areas and pool. With 5 bedrooms, 3 en-suites, and 2 guest suites with Jack and Jill bath, this is the perfect family or vacation home. All bathrooms are marble with cast iron bathtubs. The roof is new and hurricane-strapped. Features also include an oversized two car garage, full impact glass, 48KW gas generator (powers entire house), full home water filtration system, central vacuum, access point in garage to install electric car charging station, two Rinnai tankless water heaters and extra-thick copper pipes for incredible water pressure, USB outlets throughout the home and a full-house cell phone booster. A bonus room makes great storage and doubles as a craft room for kids and central access for the entire home's internet, cable and audio equipment. The outside balcony is constructed of dense Brazilian Ipe wood. Incredible ocean breeze at this elevation! An outdoor shower after a visit to the beach completes this home's spa-like features. They thought of everything!

Last Agent to Sell the Property

Crista Ryan

Tina Fanjul Associates, Inc. License #451844 Listed on: 09/11/2019

Last Buyer's Agent

Stephen Hall

Compass Florida LLC License #3094127

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,614

Year Built

  • Built in 1960

Lot Details

  • 10,386 Sq Ft Lot
  • South Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 3,748 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Dining Room
  • Sun or Florida Room
  • Home Security System
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Sinks

Pool

  • Heated Pool
  • Automatic Pool Chlorinator

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Bahama Add In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434310020000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,614

Year Built

Built in 1960

Lot Details

10,386 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: xx
  • Year Built: 1960
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Central Vacuum, Dual Sinks, Eat-in Kitchen, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Ice Maker
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Marble, Wood
  • Living Area: 3748.0
  • Dining Room Type: Dining Room, Florida Room
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • Lot Features: < 1/4 Acre
  • Pool Features: Automatic Chlorination, Heated, In Ground
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Open, Balcony
  • Property Condition: Resale
  • Roof: Concrete, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434310020000100
  • Lot Size Acres: 0.24
  • Lot Size: 111.0 ft x 93.0 ft
  • Lot Size Sq Ft: 10454.4
  • Mobile Dim Units: Feet
  • Zoning: RB50

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 30614.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Oct 30, 2020
Sold by
Marx Eric S and Marx Natalie A
Bought by
Weiser Elizabeth N
Seller's Agent
Crista Ryan
Tina Fanjul Associates, Inc.
Buyer's Agent
Stephen Hall
Compass Florida LLC
List Price
$5,500,000
Sold Price
$4,675,000
Premium/Discount to List
-$825,000
-15%
Current Estimated Value
$8,074,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,399,192
Avg. Annual Appreciation
10.71%
Original Mortgage
$2,975,000
Outstanding Balance
$2,627,129
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$5,447,063

Purchase Details

Closed on
Jul 10, 2013
Sold by
Marshall Elizabeth Barno and Marshall Beasley Elizabeth
Bought by
Marx Eric S and Marx Natalie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2009
Sold by
Beasley James W
Bought by
Marshall Elizabeth Barno and Marshall Beasley Elizabeth
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
Weiser Elizabeth N $4,675,000 Attorney
Marx Eric S $2,210,000 Attorney
Marshall Elizabeth Barno -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiser Elizabeth N $2,975,000
Previous Owner Marx Eric S $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $4,675,000 -15.0% $1,247 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/11/2019 09/11/19 For Sale $5,500,000 -- $1,467 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $54,882 $3,772,985 -- --
2024 $54,882 $3,666,652 -- --
2023 $53,722 $3,559,856 $0 $0
2022 $53,806 $3,456,171 $0 $0
2021 $54,735 $3,355,506 $3,070,621 $284,885
2020 $30,679 $1,843,823 $0 $0
2019 $30,614 $1,802,369 $0 $0
2018 $29,099 $1,768,763 $0 $0
2017 $29,098 $1,732,383 $0 $0
2016 $28,671 $1,696,751 $0 $0
2015 $29,648 $1,684,956 $0 $0
2014 $29,790 $1,671,583 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10560390

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-10-02-000-0100

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