R
Seller's Agent in 2021
Richard True
The Corcoran Group
(561) 655-9081
2 in this area
3 Total Sales
280 El Pueblo Way Palm Beach, FL 33480
North End Neighborhood
0.58
Acre
--
Price per Acre
--
Sq Ft Lot
About This Lot
As of December 2021This 25,000+/-SF lot in the fabulous North End includes (ARCOM approved) shovel-ready plans for a 9,143 SF residence. Beach access is accessible at the east end of El Pueblo Way and Lake trail access is just one house away. Contact Listing Office for details.
Last Agent to Sell the Property
Premier Estate Properties, Inc License #397290 Listed on: 02/20/2020
Property Details
Property Type
- Land
Est. Annual Taxes
- $20,620
Lot Details
- Paved or Partially Paved Lot
- Site Plan Filed
- Property is zoned RB
Community Details
- El Encanto Lts 10 & 11 Subdivision
Listing and Financial Details
- Assessor Parcel Number 50434302010000100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2021
Closed on
Dec 24, 2021
Sold by
Courchene Development Corporation
Bought by
Ganek David and Ganek Danielle
Seller's Agent
Richard True
The Corcoran Group
Buyer's Agent
Maria Mendelsohn
Douglas Elliman-Wellington
List Price
$22,710,886
Sold Price
$22,710,886
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
-$1,834,235
Avg. Annual Appreciation
-1.47%
Original Mortgage
$15,750,000
Outstanding Balance
$14,534,170
Interest Rate
2.38%
Mortgage Type
New Conventional
Estimated Equity
$6,997,122
Purchase Details
Listed on
Feb 20, 2020
Closed on
Sep 2, 2020
Sold by
280 El Pueblo Way Llc
Bought by
Courchene Development Corporation
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc
Buyer's Agent
JIM McCANN
Premier Estate Properties, Inc
List Price
$7,500,000
Sold Price
$6,800,000
Premium/Discount to List
-$700,000
-9.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
149.32%
Purchase Details
Closed on
Jun 14, 2019
Sold by
Frankel Thomas and Frankel Marietta
Bought by
280 El Pueblo Way Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,850,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 24, 1995
Sold by
Surman William R
Bought by
Frankel Thomas and Frankel Marietta
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $22,710,866 | Patch Reef Title | |
| Warranty Deed | $6,800,000 | Attorney | |
| Warranty Deed | $5,500,000 | Jupiter Title Co Llc | |
| Joint Tenancy Deed | $850,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $15,750,000 | New Conventional | |
| Previous Owner | $3,850,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $417,000 | Unknown | |
| Previous Owner | $400,000 | Unknown | |
| Previous Owner | $350,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/28/2021 12/28/21 | Sold | $22,710,886 | 0.0% | $2,484 / Sq Ft |
| 03/17/2021 03/17/21 | Pending | -- | -- | -- |
| 01/22/2021 01/22/21 | For Sale | $22,710,886 | +234.0% | $2,484 / Sq Ft |
| 09/03/2020 09/03/20 | Sold | $6,800,000 | -9.3% | $1,890 / Sq Ft |
| 08/04/2020 08/04/20 | Pending | -- | -- | -- |
| 02/20/2020 02/20/20 | For Sale | $7,500,000 | -- | $2,084 / Sq Ft |
Source: BeachesMLS
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 | $355,686 | $23,844,699 | -- | -- |
| 2023 | $397,942 | $26,443,300 | $12,326,008 | $14,117,292 |
| 2022 | $284,314 | $18,248,936 | $0 | $0 |
| 2021 | $86,073 | $5,212,069 | $5,212,069 | $0 |
| 2020 | $68,757 | $4,078,466 | $4,078,466 | $0 |
| 2019 | $20,694 | $1,169,392 | $0 | $0 |
| 2018 | $19,725 | $1,147,588 | $0 | $0 |
| 2017 | $19,697 | $1,123,984 | $0 | $0 |
| 2016 | $18,422 | $1,100,866 | $0 | $0 |
| 2015 | $19,047 | $1,093,214 | $0 | $0 |
| 2014 | $19,137 | $1,084,538 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2021
Maria Mendelsohn
Douglas Elliman-Wellington
(561) 758-1605
1 in this area
73 Total Sales
-
J
Seller's Agent in 2020
JIM McCANN
Premier Estate Properties, Inc
(561) 307-1525
31 in this area
77 Total Sales
Map
Source: BeachesMLS
MLS Number: R10602845
APN: 50-43-43-02-01-000-0100
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