$1,625,000
SOLD JUN 1, 2017
4 Beds
3 Baths
2,523 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$644 Per Sq Ft

154 Days on Market

Highlights

  • Property has ocean access
  • Outdoor Pool
  • Bermuda Architecture
  • Palm Beach Public School Rated A-
  • Waterfront
  • Wood Flooring

About This Home

As of July 2020

Great opportunity to add your finishing touches to a wonderful home on the north end of palm beach. Back yard features bright sunny southern exposure, with pool and Chicago brick pool deck. Home has both access to the beach and the lake trail.

Last Agent to Sell the Property

Gary Pohrer

SERHANT. License #SL3068785 Listed on: 12/02/2016

SERHANT.

Last Buyer's Agent

GARY POHRER

THE CORCORAN GROUP 2435

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,660

Year Built

  • Built in 1940

Lot Details

  • 8,276 Sq Ft Lot
  • Waterfront
  • Home has North and South Exposure
  • Property is zoned RB

Parking

  • Attached Garage

Home Design

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

Interior Spaces

  • 2,523 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Single Hung Windows
  • Family Room
  • Living Room
  • Wood Flooring

Kitchen

  • Double Oven
  • Electric Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Property has ocean access

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • New Siears Tract Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434303140000240

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,660

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Lot Size: 75
  • Subdivision Name: New Siears Tract
  • Architectural Style: Bermuda, Two Story
  • Garage Yn: Yes
  • Year Built: 1940
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 12660.0
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 2523.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 75
  • Floors:Hardwood: Yes
  • Roof:Cement Tile: Yes
  • Style:Two Story: Yes
  • Style:Bermuda: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 8276
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Windows:Single Hung: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Electric, Oven-Double, Washer, Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Hardwood
  • Interior Amenities: Fireplace
  • Living Area: 2523.0
  • Window Features: Single Hung
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Ocean Access-Deeded
  • Roof: Cement Tile
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:Ocean Access-Deeded: Yes

Garage/Parking

  • Parking Features: 1 Car, Attached
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: City Water

Lot Info

  • Land Lease Amount Frequency: Yes
  • Lot Size Sq Ft: 8276.0
  • Parcel #: 50434303140000240
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 12660.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Jul 15, 2020
Sold by
Griswold Alexander H
Bought by
Masterson Michael B and Masterson Gloria S
Seller's Agent
Todd Peter
Sotheby's International Realty, Inc.
Buyer's Agent
ELIZABETH SAVAGE
BARRETT WELLES PROPERTY GROUP LLC
List Price
$3,000,000
Sold Price
$3,000,000
Total Days on Market
154
Current Estimated Value
$6,591,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,591,069
Avg. Annual Appreciation
17.50%

Purchase Details

Listed on
Jul 9, 2018
Closed on
Apr 5, 2019
Sold by
Citrus Cottage Llc
Bought by
Griswold Alexander H
Seller's Agent
Gary Pohrer
Serhant
Buyer's Agent
Patrick Koenig
Flagler Realty & Development,
List Price
$3,100,000
Sold Price
$2,600,000
Premium/Discount to List
-$500,000
-16.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.83%
Original Mortgage
$1,950,000
Interest Rate
3.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 2, 2016
Closed on
Jun 1, 2017
Sold by
Hench Michael A and Hench Sharon B
Bought by
Citrus Cottage Llc
Seller's Agent
Gary Pohrer
SERHANT.
Buyer's Agent
GARY POHRER
THE CORCORAN GROUP 2435
List Price
$1,625,000
Sold Price
$1,625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.10%

Purchase Details

Closed on
Apr 6, 2000
Sold by
Deitz William A and Deitz Rosalie
Bought by
Hench Michael A and Hench Sharon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
8.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 1999
Sold by
Mclarena Eva A
Bought by
Deitz William A and Deitz Rosalie
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 $2,600,000 Attorney
Warranty Deed $1,625,000 Trident Title
Warranty Deed $715,000 --
Warranty Deed $464,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,950,000 Adjustable Rate Mortgage/ARM
Previous Owner $600,000 Unknown
Previous Owner $65,000 Credit Line Revolving
Previous Owner $572,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $3,000,000 0.0% $1,210 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $3,000,000 +15.4% $1,210 / Sq Ft
04/05/2019 04/05/19 Sold $2,600,000 -16.1% $973 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
07/10/2018 07/10/18 For Sale $3,100,000 +90.8% $1,161 / Sq Ft
06/01/2017 06/01/17 Sold $1,625,000 0.0% $644 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
12/02/2016 12/02/16 For Sale $1,625,000 -- $644 / 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 $59,436 $3,972,919 -- --
2023 $58,186 $3,857,203 $0 $0
2022 $58,279 $3,744,857 $0 $0
2021 $37,685 $2,265,236 $1,786,164 $479,072
2020 $35,563 $2,139,968 $1,659,746 $480,222
2019 $29,084 $1,672,166 $1,508,860 $163,306
2018 $25,719 $1,521,416 $1,508,860 $12,556
2017 $13,267 $781,979 $0 $0
2016 $12,660 $765,895 $0 $0
2015 $13,088 $760,571 $0 $0
2014 $13,149 $754,535 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-2608

APN: 50-43-43-03-14-000-0240