NOT LISTED FOR SALE

Estimated Value: $4,575,000 - $8,143,626

4 Beds
7 Baths
5,739 Sq Ft
$1,149/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $2,930,000 $511 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $41,236/month

2 Days on Market

Highlights

  • Heated Pool
  • Garage Apartment
  • Garden View
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • High Ceiling

About This Home

As of March 2016

Located in Historic El Cid, this Georgian style home originally built in 1937 has been superbly restored and enlarged to the highest standards. No expenses spared. Pecky cypress paneled rooms. Pool and patios are trimmed with real coral rock. 2-car Garage. A must see.

Last Listed By

Patricia Mahaney

Sotheby's Intl. Realty, Inc. License #656899 Listed on: 01/28/2016

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,703

Year Built

  • Built in 1937

Lot Details

  • 0.29 Acre Lot
  • Fenced
  • Sprinkler System
  • Property is zoned SF14-C

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Apartment
  • Garage Door Opener
  • Driveway

Property Views

  • Garden
  • Pool

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Concrete Roof

Interior Spaces

  • 5,739 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • Fireplace
  • Plantation Shutters
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • Heated Pool
  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Gas Water Heater
  • Cable TV Available

Community Details

  • El Cid Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434327210070010

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,703

Year Built

Built in 1937

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: SE corner of Barcelona and South Olive in Historic EL Cid between Belvedere and Okeechobee.
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Pantry, Split Bedrooms, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Other, Wood
  • Living Area: 5739.0
  • Dining Room Type: Den, Family Room, Garage Apartment, Great Room, In-Law Suite
  • Stories: 2
  • Window Features: Plantation Shutters

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio
  • View: Garden, Pool
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Brick Veneer, Block, Frame
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Patio
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Driveway, Detached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Security Gate
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Association Fee: 3.0
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434327210070010
  • Lot Size Sq Ft: 12496.0
  • Zoning Description: SF14-C
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 57703.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2016
Closed on
Feb 26, 2016
Sold by
Harris Lamont B P
Bought by
Phillips Asa E and The 2016 Nomiee Trust
Seller's Agent
Patricia Mahaney
Sotheby's Intl. Realty, Inc.
List Price
$3,275,000
Sold Price
$2,930,000
Premium/Discount to List
-$345,000
-10.53%
Total Days on Market
2
Current Estimated Value
$6,594,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,664,407
Avg. Annual Appreciation
9.15%

Purchase Details

Listed on
Mar 19, 2012
Closed on
Jun 13, 2012
Sold by
Honchar Nancy S
Bought by
Harris Lamont B P
Seller's Agent
PENNY KUZMENKO
The Corcoran Group
Buyer's Agent
PATRICIA MAHANEY
COLDWELL BANKER RESIDENTIAL REAL ESTATE
List Price
$1,875,000
Sold Price
$1,875,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.79%
Original Mortgage
$375,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2000
Sold by
Walsh Thomas T
Bought by
Honchar Robert D and Honchar Nancy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2000
Sold by
Glenney Daryl A
Bought by
Walsh Thomas T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
8.14%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Phillips Asa E $2,930,000 Attorney
Harris Lamont B P $1,875,000 Attorney
Honchar Robert D $350,000 --
Walsh Thomas T $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Lamont B P $1,760,000
Previous Owner Harris Lamont B P $375,000
Previous Owner Harris Lamont B P $1,275,000
Previous Owner Honchair Robert D $400,050
Previous Owner Honchar Robert D $84,000
Previous Owner Honchar Robert D $245,000
Previous Owner Walsh Thomas T $192,500
Previous Owner Walsh Thomas T $243,750
Previous Owner Walsh Thomas T $192,500
Previous Owner Walsh Thomas T $192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2016 03/01/16 Sold $2,930,000 -10.5% $511 / Sq Ft
01/31/2016 01/31/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $3,275,000 +74.7% $571 / Sq Ft
06/15/2012 06/15/12 Sold $1,875,000 0.0% $327 / Sq Ft
05/09/2012 05/09/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $1,875,000 -- $327 / Sq Ft
Source: BeachesMLS

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 $50,594 $2,501,519 -- --
2023 $49,455 $2,428,659 $0 $0
2022 $49,097 $2,357,921 $0 $0
2021 $49,146 $2,289,244 $0 $0
2020 $48,951 $2,257,637 $0 $0
2019 $45,570 $2,206,879 $0 $0
2018 $43,452 $2,165,730 $506,000 $1,659,730
2017 $50,797 $2,471,496 $0 $0
2016 $50,247 $2,395,251 $0 $0
2015 $57,703 $2,654,970 $0 $0
2014 $41,563 $1,748,536 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10203036

BeachesMLS

APN: 74-43-43-27-21-007-0010