NOT LISTED FOR SALE

Estimated Value: $8,296,000 - $10,525,613

8 Beds
8.5 Baths
5,823 Sq Ft
$1,658/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2024

Last sale price $10,900,000 $1,872 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $58,731 / mo

28 Days on Market

Highlights

  • Pool
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Main Floor Primary Bedroom
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • No HOA

About This Home

As of May 2024

Located on the highly desired North End of Palm Beach, this two-story residence offers a contemporary design with luxurious finishes throughout. The state-of-the-art kitchen is a highlight of this home, perfect for those who appreciate modern architecture. The property boasts a spacious pool and spa, along with a charming guest cabana. With a total of 8 bedrooms and 8.5 bathrooms, this home offers ample space for comfort and relaxation. Recent enhancements include new lighting fixtures, outdoor loggia screens, fresh landscaping, surveillance cameras, and smart home devices. Colonial Lane offers a tranquil beach cabana area with shaded palm trees, dining tables, an outdoor shower, and comfortable lounge furniture.

Last Buyer's Agent

Samantha Bender

Compass Florida LLC License #3497608

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,119

Year Built

  • Built in 1962

Lot Details

  • 13,939 Sq Ft Lot
  • Lot Dimensions are 150x94
  • South Facing Home
  • Property is zoned R-B—LOW DENSITY

Parking

  • 2 Car Garage
  • Parking Garage Space

Home Design

  • Frame With Stucco
  • Frame Construction

Interior Spaces

  • 5,823 Sq Ft Home
  • Property has 2 Levels
  • Entrance Foyer
  • Den
  • Complete Impact Glass

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Three-Phase Power

Listing and Financial Details

  • Assessor Parcel Number 50434303110000350

Community Details

Overview

  • No Home Owners Association
  • El Encanto Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$67,119

Year Built

Built in 1962

Lot Details

0.32 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Single Family Residence
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 2
  • Lot Size Acres: 0.32
  • Lot Size: 150x94
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Subdivision Name: EL ENCANTO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 10900000
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer, Walk-In Closet(s), Den/Library/Office, Utility Room/Laundry
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Entry Location: Foyer
  • Flooring: Marble, Other, Wood
  • Furnished: Unfurnished
  • Living Area: 5823
  • Other Equipment: Natural Gas
  • Stories: 2
  • Window Features: Complete Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub
  • Living Room Features: Den/Library/Office, Laundry, Utility Room/Laundry
  • Master Bathroom Features: Shower Only, Tub Only

Exterior Features

  • Construction Type: Frame, Frame With Stucco
  • Direction Faces: South
  • Other Structures: Livable
  • Pool Private: Yes
  • View: No
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Parking Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Compressed Natural Gas
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Utility Room/Laundry
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected, Natural Gas Available, Sewer Available, Water Available
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Amenities: None, Private Pool
  • Association: No
  • Community Features: None

Lot Info

  • Parcel Number: 50434303110000350
  • Zoning: R-B—LOW DENSITY

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 67119

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 31, 2024
Sold by
Bought by
Buyer's Agent
Samantha Bender
Compass Florida LLC
List Price
$10,400,000
Sold Price
$10,900,000
Premium/Discount to List
$500,000
4.81%
Current Estimated Value
$9,655,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,244,796
Avg. Annual Appreciation
-5.41%

Purchase Details

Listed on
Jan 2, 2019
Closed on
Jan 30, 2020
Sold by
Bought by
Seller's Agent
Toni Hollis
The Corcoran Group
Buyer's Agent
Gary Pohrer
Serhant
List Price
$6,000,000
Sold Price
$4,300,000
Premium/Discount to List
-$1,700,000
-28.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.96%
Original Mortgage
$3,010,000
Interest Rate
0.0275%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2015
Sold by
Bought by

Purchase Details

Listed on
Oct 24, 2012
Closed on
Jun 3, 2013
Sold by
Bought by
Seller's Agent
Toni Hollis
The Corcoran Group
Buyer's Agent
Mahnaz Whelton
Brown Harris Stevens of PB
List Price
$2,550,000
Sold Price
$2,200,000
Premium/Discount to List
-$350,000
-13.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%

Purchase Details

Closed on
Aug 18, 2000
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 1999
Sold by
Bought by

Purchase Details

Closed on
May 13, 1997
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$10,900,000 None Listed On Document
$4,300,000 Attorney
$2,250,000 Attorney
$2,200,000 Attorney
-- --
$530,000 --
$100 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $3,010,000
Previous Owner $1,125,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $10,900,000 +4.8% $1,872 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $10,400,000 +141.9% $1,786 / Sq Ft
01/31/2020 01/31/20 Sold $4,300,000 -28.3% $738 / Sq Ft View Prior Sale
01/01/2020 01/01/20 Pending -- -- --
05/25/2018 05/25/18 For Sale $6,000,000 +172.7% $1,030 / Sq Ft
06/04/2013 06/04/13 Sold $2,200,000 -13.7% $783 / Sq Ft View Prior Sale
05/05/2013 05/05/13 Pending -- -- --
10/26/2012 10/26/12 For Sale $2,550,000 -- $907 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $68,568 $8,347,844
2024 $68,568 $4,570,259
2023 $67,119 $4,437,145 $0 $0
2022 $67,231 $4,307,908 $0 $0
2021 $68,403 $4,182,435 $3,054,831 $1,127,604
2020 $64,861 $4,101,254 $2,838,622 $1,262,632
2019 $65,025 $4,387,548 $2,580,565 $1,806,983
2018 $58,524 $4,219,981 $2,580,565 $1,639,416
2017 $37,280 $2,169,100 $2,150,000 $19,100
2016 $42,819 $2,415,398 $0 $0
2015 $40,084 $2,195,816 $0 $0
2014 $36,398 $1,996,196 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10975024

MIAMI REALTORS® MLS

APN: 50-43-43-03-11-000-0350

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