NOT LISTED FOR SALE

Estimated Value: $7,469,816 - $8,734,000

5 Beds
4 Baths
3,748 Sq Ft
$2,219/Sq Ft Est. Value

Last Sold October 30, 2020

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

Est. 78% increase in value since last sale

Current estimated payment $48,486/month

356 Days on Market

Highlights

  • Gas Heated Pool
  • Waterfront
  • Bermuda Architecture
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Wine Refrigerator

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 #SL-451844 Listed on: 09/12/2019

Last Buyer's Agent

LIZ KELLY

HALL REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,614

Year Built

  • Built in 1960

Lot Details

  • 10,386 Sq Ft Lot
  • Waterfront
  • Home has North and South Exposure
  • Back Yard Fenced
  • Property is zoned 50- Rb - Rb (50-Palm Beach), 50- Rb - Rb (50-Palm

Parking

  • 2 Car Garage

Home Design

  • Bermuda Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,748 Sq Ft Home
  • Central Vacuum
  • Sound System
  • Dining Room
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door

Pool

  • Gas Heated Pool
  • Outdoor Pool
  • Saltwater Pool

Additional Features

  • Balcony
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Bahama Addition Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434310020000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,614

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 111
  • Subdivision Name: Bahama Addition
  • Architectural Style: Bermuda
  • Year Built: 1960
  • Location Tax Legal:Zoned: 50- Rb - Rb (50-Palm Beach)
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 30614.0
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Living Area: 3748.0
  • 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): 111
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Impact Glass - Full: Yes
  • Style:Bermuda: Yes
  • General Property Description:Lot SqFt: 10386
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Pool:Salt Water: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Gas, Oven-Double, Oven-Convection, Microwave, Washer, Dryer, Central Vac System, Trash Compactor
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble
  • Interior Amenities: Sound System, Storage, Pantry
  • Living Area: 3748.0
  • Window Features: Impact Glass-Full
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Convection: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes
  • Interior Features:Sound System: Yes
  • Appliances:Trash Compactor: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Salt Water, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Fence-Back Wall, Impact Doors, Impact Windows
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:Fence - Back Wall: 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: 10386.0
  • Parcel #: 50434310020000100
  • Zoning: 50- Rb - Rb (50-Palm
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 30614.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 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
LIZ KELLY
HALL REAL ESTATE
List Price
$4,675,000
Sold Price
$4,675,000
Current Estimated Value
$8,315,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,640,204
Avg. Annual Appreciation
12.47%
Original Mortgage
$2,975,000
Outstanding Balance
$2,662,667
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$5,652,537

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

Range of Values:

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Average Value
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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 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 Change Sq Ft Price
10/30/2020 10/30/20 Sold $4,675,000 0.0% $1,247 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
09/12/2019 09/12/19 For Sale $4,675,000 -- $1,247 / 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 $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: Palm Beach Board of REALTORS®

MLS Number: 19-1787

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