$1,963,000
SOLD AUG 4, 2017
4 Beds
3 Baths
3,936 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$499 Per Sq Ft

Highlights

  • Cabana
  • Newly Remodeled
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Waterfront
  • Mediterranean Architecture

About This Home

As of August 2017

Complete renovation of a 1925 Mediterranean home in the heart of historic El Cid finished in March 2016. Features include open family room and kitchen with Calcutta marble countertops and Wolf and Sub-Zero appliances, Carrara marble bathrooms, new electric and plumbing. All rooms are spacious and boast impact glass windows, hardwood floors, and high ceilings.

Last Agent to Sell the Property

MARY KIRK BRADY

The Corcoran Group License #SL-3260201 Listed on: 07/14/2017

Last Buyer's Agent

CHRISTINE GIBBONS

MCCANN COYNER CLARKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,077

Year Built

  • Built in 1925 | Newly Remodeled

Lot Details

  • 8,276 Sq Ft Lot
  • Waterfront
  • Home has North and South Exposure
  • Back and Front Yard Fenced
  • Sprinkler System
  • Property is zoned SF-14-C3

Parking

  • No Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Frame Construction
  • Tile

Interior Spaces

  • 3,936 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Fireplace
  • Dining Room
  • Library
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Cabana
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Lanai

Utilities

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

Community Details

  • No Home Owners Association
  • El Cid Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434327210070381

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,077

Year Built

Built in 1925 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Lot Size: 65
  • Subdivision Name: El Cid
  • Architectural Style: Mediterranean, Two Story
  • Year Built: 1925
  • Location Tax Legal:Zoned: SF-14-C3
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 7076.64
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Living Area: 3936.0
  • 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
  • General Property Description:Lot Dim (1): 65
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 8276
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Style:Mediterranean: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood
  • Interior Amenities: Cable, Fireplace, Sound System, Smoke Detectors, Wet Bar, Pantry
  • Living Area: 3936.0
  • Window Features: Impact Glass-Full
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Frame, Hollow Tile, New Construction
  • Exterior Features: Patio/Lanai, Cabana, Fence-Back Wall, Fence-Front Wall, Sprinkler System
  • Roof: Barrel
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Construction:Frame: Yes
  • Exterior Features:Cabana: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Construction:New Construction: Yes
  • Construction:Hollow Tile: Yes

Garage/Parking

  • Parking Features: No Garage
  • Garage:No Garage: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 8276.0
  • Parcel #: 74434327210070381
  • Zoning: SF-14-C3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7076.64
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2017
Closed on
Aug 2, 2017
Sold by
Cordova Llc
Bought by
Rockfleet Properties Llc
Seller's Agent
MARY KIRK BRADY
The Corcoran Group
Buyer's Agent
CHRISTINE GIBBONS
MCCANN COYNER CLARKE
List Price
$1,963,000
Sold Price
$1,963,000
Current Estimated Value
$5,114,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,151,259
Avg. Annual Appreciation
11.59%
Original Mortgage
$750,000
Outstanding Balance
$632,263
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$4,088,913

Purchase Details

Closed on
Dec 5, 2014
Sold by
Madden Margaret R
Bought by
277 Cordova Llc
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 Type Sale Price Title Company
Warranty Deed $1,963,000 Attorney
Warranty Deed -- None Available
Warranty Deed $975,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 Commercial
Previous Owner $101,000 Unknown
Previous Owner $800,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Rented $204,000 0.0% --
01/13/2022 01/13/22 For Rent $204,000 +70.0% --
05/23/2020 05/23/20 Rented $120,000 0.0% --
04/23/2020 04/23/20 Under Contract -- -- --
01/17/2020 01/17/20 For Rent $120,000 0.0% --
05/29/2018 05/29/18 Rented $120,000 0.0% --
05/29/2018 05/29/18 For Rent $120,000 +1100.0% --
10/19/2017 10/19/17 Rented $10,000 0.0% --
10/19/2017 10/19/17 For Rent $10,000 0.0% --
08/04/2017 08/04/17 Sold $1,963,000 0.0% $499 / Sq Ft
08/04/2017 08/04/17 Sold $1,963,000 0.0% $499 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $1,963,000 -21.3% $499 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
02/09/2016 02/09/16 For Sale $2,495,000 -- $634 / 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 $53,256 $2,218,157 -- --
2023 $50,990 $2,016,506 $1,593,750 $1,840,935
2022 $43,821 $1,833,187 $0 $0
2021 $37,808 $1,853,920 $667,000 $1,186,920
2020 $33,559 $1,515,031 $552,000 $963,031
2019 $33,180 $1,502,900 $529,000 $973,900
2018 $29,233 $1,340,664 $455,400 $885,264
2017 $32,968 $1,645,558 $396,000 $1,249,558
2016 $29,247 $1,295,591 $0 $0
2015 $28,027 $1,207,621 $0 $0
2014 $7,077 $337,351 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-359

APN: 74-43-43-27-21-007-0381