$1,875,000
SOLD JUN 15, 2012
4 Beds
4 Baths
5,739 Sq Ft
0.28 Acres

Recently Sold

$327 Per Sq Ft

51 Days on Market

Highlights

  • Guest House
  • Outdoor Pool
  • Waterfront
  • Palm Beach Public School Rated A-
  • Garage Apartment
  • Marble Flooring

About This Home

As of March 2016

Historic El Cid very special gorgeous 4 bedroom, 4.2 bath (plus staff quarters) Georgian home built in 1937 along S Flagler Drive and lovingly moved and superbly restored and enlarged to the highest standards of taste & authenticity. Pool and patios are trimmed with real coral rock, 2 pecky cypress panelled rooms, a fantastic cooks kitchen, 3 crystal chandaliers from the Breakers, & so much more! Amenities and special features include 2 pecky cypress panelled rooms, a gorgeous marble chef's kitchen with endless cook's toys, 3 fireplaces, one with antique French mantle, 3 wet bars, wine cooler for red and white wine, 3 crystal chandaliers from the Breakers, 2 laundries, separate marble baths in one of 2 masters, a 2 car garage plus staff quarters, and many lovely balconies, porches, and patios. This amazing property is sophicated yet comfortable, historic, but with all the modern amenities for a gracious lifestyle.

Last Agent to Sell the Property

PENNY KUZMENKO

The Corcoran Group License #3114400 Listed on: 03/19/2012

Last Buyer's Agent

PATRICIA MAHANEY

COLDWELL BANKER RESIDENTIAL REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,936

Year Built

  • Built in 1937

Lot Details

  • Waterfront
  • North Facing Home
  • Back Yard Fenced

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,739 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Fireplace
  • Dining Room
  • Library

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Gas Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Partial Impact Glass

Parking

  • 2 Car Detached Garage
  • Garage Apartment
  • Bathroom In Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio
  • Lanai

Additional Homes

  • Guest House

Utilities

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

Community Details

  • Voluntary home owners association
  • El Cid Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 74434327210070010

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,936

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100
  • Subdivision Name: El Cid
  • Directions: SE corner of Barcelona & Olive in Historic El Cid between Belvedere & Okeechobee.
  • Architectural Style: Two Story, Other Style
  • Year Built: 1937
  • Location Tax Legal:Zoned: SFR
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 10936.0
  • Location Tax Legal:Tax Year2: 2011
  • General Property Description:Living Area: 5739.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 100
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Pets:Pets Allowed: Yes
  • WaterSewer:City Water: Yes
  • Exposure:North: Yes
  • Windows:Impact Glass-Partial: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Construction Brick: Yes
  • WaterSewer:Well Pump: Yes
  • HOA:Voluntary: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Instant Hot Water, Range-Gas, Oven-Double, Oven-Convection, Washer, Dryer, Central Vac System
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble
  • Interior Amenities: Cable, Fireplace, Sound System, Wet Bar, Pantry
  • Living Area: 5739.0
  • Window Features: Impact Glass-Partial, Other
  • 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
  • Appliances:Oven-Convection: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes
  • Interior Features:Sound System: Yes
  • Appliances:Instant Hot Water: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Brick, Cement Block/Stucco, Frame
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Storm Shutters, Guesthouse/Cottage
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Construction:Frame: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:GuesthouseCottage: Yes

Garage/Parking

  • Parking Features: 2 Car, Detached, Door Opener, Toilet in Garage
  • Garage:_two_ Car: Yes
  • Garage Detached: Yes
  • Other Rooms:Garage Apartment: Yes
  • Garage:Toilet in Garage: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 74434327210070010
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 10936.0
  • Tax Year: 2011

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%
Current Estimated Value
$6,961,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,031,260
Avg. Annual Appreciation
8.97%

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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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 $2,930,000 Attorney
Warranty Deed $1,875,000 Attorney
Warranty Deed $350,000 --
Warranty Deed $275,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,760,000 Adjustable Rate Mortgage/ARM
Previous Owner $375,000 New Conventional
Previous Owner $1,275,000 New Conventional
Previous Owner $400,050 Unknown
Previous Owner $84,000 Credit Line Revolving
Previous Owner $245,000 Unknown
Previous Owner $192,500 New Conventional
Previous Owner $243,750 New Conventional
Previous Owner $192,500 New Conventional
Previous Owner $192,500 New Conventional
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: 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 $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: Palm Beach Board of REALTORS®

MLS Number: 12-714

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