273 Bahama Ln Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $7,503,000 - $8,830,000
5
Beds
4
Baths
3,748
Sq Ft
$2,144/Sq Ft
Est. Value
Highlights
- Gas Heated Pool
- Waterfront
- Bermuda Architecture
- Palm Beach Public School Rated A-
- Marble Flooring
- Wine Refrigerator
About This Home
As of October 2020This 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
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
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
Total Days on Market
356
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,359,031
Avg. Annual Appreciation
12.52%
Original Mortgage
$2,975,000
Outstanding Balance
$2,686,064
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$5,347,967
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
Similar Homes in Palm Beach, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Crista Ryan
C
Seller's Agent in 2020
Crista Ryan
Tina Fanjul Associates, Inc.
(561) 313-1327
23 in this area
50 Total Sales
-
L
Buyer's Agent in 2020
LIZ KELLY
HALL REAL ESTATE
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 19-1787
APN: 50-43-43-10-02-000-0100
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