NOT LISTED FOR SALE

Estimated Value: $4,360,000 - $7,997,000

3 Beds
4 Baths
3,339 Sq Ft
$1,807/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $3,040,000 $910 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $39,270/month

108 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Wood Flooring
  • Lanai
  • Palm Beach Public School Rated A-
  • Mediterranean Architecture
  • Wine Refrigerator

About This Home

As of May 2018

Elegant, chic in town townhouse. Totally rebuilt with finest quality materials, 3 bedroom, 4.5 bath townhouse with den, eat-in-kitchen, multi car garage, elevator and fabulous water views of the Intracoastal. Furnishings available separately so could be a move-in turn key opportunity!

Last Agent to Sell the Property

CAROLE RUHLMAN

Sotheby's International Realty, Inc. License #518189 Listed on: 01/10/2018

Last Buyer's Agent

CHRISTINE GIBBONS

MCCANN COYNER CLARKE

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $21,725

Year Built

  • Built in 1992

Lot Details

  • 1,742 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • Home has East and West Exposure

HOA Fees

  • $2,420 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Poured Concrete
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,339 Sq Ft Home
  • 2-Story Property
  • Awning
  • Single Hung Windows
  • Sliding Windows
  • Dining Area
  • Library
  • Utility Room
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434315360020060

Community Details

Overview

  • Association fees include insurance, common area, maintenance exterior, trash, pest control, water, homeowners assoc
  • 15 Units
  • Villa Plati Community
  • Mandatory home owners association
  • On-Site Maintenance

Amenities

  • Common Area
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Hurricane or Storm Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$21,725

Year Built

Built in 1992

Lot Details

0

HOA Fees

$2,420 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Townhouse/Villa
  • Lot Size Acres: 0.04
  • Lot Size: Irregular
  • Directions: Bradley Place North, N/W Corner Atlantic Ave.
  • Architectural Style: Mediterranean, Two Story
  • Building Name: Villa Plati
  • Year Built: 1992
  • Location Tax Legal:Name of Building: Villa Plati
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 21725.0
  • Location Tax Legal:Tax Year2: 2017
  • General Property Description:Living Area: 3339.0
  • General Property Description:Pool: No
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 15
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:East2: Yes
  • Floors:Tile: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Security System: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Water2: Yes
  • General Property Description:Lot Dim (1): Irregular
  • General Property Description:Maint Amount: 7258.84
  • General Property Description:Waterfrt: Yes
  • Floors:Hardwood: Yes
  • Style:Two Story: Yes
  • Windows:Sliding: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 1742
  • WaterSewer:City Water: Yes
  • Windows:Awning: Yes
  • Windows:Single Hung: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Exposure of Unit:West2: Yes
  • Style:Mediterranean: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Restrictions:Homeowners Assoc: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Pets:Weight Restrictions: No Restrictions
  • Pool:Community Pool: Yes
  • Maintenance Includes:Homeowners Assoc3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Ice Maker, Microwave, Washer, Dryer, Range - Gas
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable, Elevator, Wndw Trmnts Included
  • Living Area: 3339.0
  • Stories: 2
  • Window Features: Awning, Single Hung, Sliding
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Community Pool
  • Pool Private: No
  • Construction Type: Cement Block/Stucco, Poured Concrete
  • Exterior Features: Balcony, Patio/Lanai, Storm Shutters- Auto, Elevator
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Storm Shutters- Auto: Yes
  • Construction:Poured Concrete: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking:Garage2: Yes
  • Parking:_two_ Car2: Yes
  • Parking:Attached2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security System
  • Heating: Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes
  • Mandatory HOA: Yes

Fee Information

  • Association Fee Includes: Insurance, Common Area, Maintenance Exterior, Trash, Pest Control, Water, Homeowners Assoc

Lot Info

  • Lot Size Sq Ft: 1742.0
  • Parcel #: 50434315360020060
  • Zoning: R-B - Low Density
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 15
  • Maintenance Expense: 7258.84

Tax Info

  • Tax Annual Amount: 21725.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2023
Sold by
Patton Joseph F and Patton Joan
Bought by
Joseph F Patton Jr And Joan H Patton Trust
Total Days on Market
108
Current Estimated Value
$6,032,561

Purchase Details

Listed on
Jan 10, 2018
Closed on
May 4, 2018
Sold by
Porten Regina
Bought by
Patton Joseph F
Seller's Agent
CAROLE RUHLMAN
Sotheby's International Realty, Inc.
Buyer's Agent
CHRISTINE GIBBONS
MCCANN COYNER CLARKE
List Price
$3,040,000
Sold Price
$3,040,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%

Purchase Details

Listed on
Aug 3, 2012
Closed on
Mar 12, 2013
Sold by
Lipson Palm Beach Holdings Limited
Bought by
Porten Herman
Seller's Agent
Susana Elena Felipa
Inactive member
Buyer's Agent
Carole Ruhlman
Sotheby's Intl. Realty, Inc.
List Price
$2,100,000
Sold Price
$1,850,000
Premium/Discount to List
-$250,000
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%

Purchase Details

Closed on
Feb 18, 1997
Sold by
Mario Demincis
Bought by
Lipson Palm Beach Holdings Ltd

Purchase Details

Closed on
May 9, 1994
Sold by
Lago Corp
Bought by
Deminicis Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.07%
Source: Public Records

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Range of Values:

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Sold Price
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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
Joseph F Patton Jr And Joan H Patton Trust -- None Listed On Document
Patton Joseph F $3,040,000 None Available
Porten Herman $1,850,000 Attorney
Lipson Palm Beach Holdings Ltd $900,000 --
Deminicis Mario $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deminicis Mario $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $3,040,000 0.0% $910 / Sq Ft
04/28/2018 04/28/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $3,040,000 +64.3% $910 / Sq Ft
04/15/2013 04/15/13 Sold $1,850,000 -11.9% $538 / Sq Ft
03/16/2013 03/16/13 Pending -- -- --
08/03/2012 08/03/12 For Sale $2,100,000 -- $611 / 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 $35,841 $2,442,396 -- --
2023 $35,113 $2,371,258 $0 $0
2022 $35,161 $2,302,192 $0 $0
2021 $35,722 $2,235,138 $0 $0
2020 $36,239 $2,204,278 $0 $2,204,278
2019 $37,012 $2,205,004 $0 $2,205,004
2018 $21,724 $1,339,949 $0 $0
2017 $21,725 $1,312,389 $0 $0
2016 $21,523 $1,285,396 $0 $0
2015 $22,257 $1,276,461 $0 $0
2014 $22,361 $1,266,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-93

APN: 50-43-43-15-36-002-0060