$9,000,000
SOLD APR 28, 2023
4 Beds
3 Baths
3,103 Sq Ft
0.43 Acres

Recently Sold

$2,900 Per Sq Ft

32% Below List Price

200 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Den
  • Palm Beach Public School Rated A-
  • Great Room
  • Separate Shower in Primary Bathroom

About This Home

As of April 2023

Rare opportunity to build new on 18,613 SF Lot, high elevation, intracoastal block and two houses from the Lake Trail. First time available in 30 years.

Last Agent to Sell the Property

Mary Newton

Douglas Elliman License #3024255 Listed on: 06/30/2022

Douglas Elliman

Last Buyer's Agent

JIM McCANN

Premier Estate Properties, Inc License #397290

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,729

Year Built

  • Built in 1950

Lot Details

  • 0.43 Acre Lot
  • Property is zoned R-B(ci

Parking

  • 2 Car Garage

Home Design

  • Concrete Roof

Interior Spaces

  • 3,103 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Family Room
  • Den

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • East Shore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434310100000121

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,729

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Head north on North Lake Way. Turn left on Plantation Road. House is first on right.
  • Year Built: 1950
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Dual Sinks, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Wood
  • Living Area: 3103.0
  • Dining Room Type: Den, Family Room, Great Room, Laundry
  • Stories: 1

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434310100000121
  • Lot Size Sq Ft: 18613.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 18729.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Apr 21, 2023
Sold by
Fifth Third Bank Na
Bought by
301 Plantation Llc
Seller's Agent
Mary Newton
Douglas Elliman
Buyer's Agent
JIM McCANN
Premier Estate Properties, Inc. - Palm Beach
List Price
$10,750,000
Sold Price
$9,000,000
Premium/Discount to List
-$1,750,000
-16.28%
Views
14
Current Estimated Value
$8,033,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$966,039
Original Mortgage
$9,959,850
Interest Rate
6.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 19, 2021
Sold by
Brown Brothers Harriman Trust Company Na
Bought by
Fifth Third Bank

Purchase Details

Closed on
Jan 7, 2005
Sold by
Berne Helen H
Bought by
Fifth Third Bank

Purchase Details

Closed on
Nov 19, 1993
Sold by
Rybovich Kathryn J
Bought by
Berne Helen H
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 Type Sale Price Title Company
Deed $9,000,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed -- --
Deed $765,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $726,927 Balloon
Open $9,959,850 New Conventional
Closed $9,959,850 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $9,000,000 0.0% $2,900 / Sq Ft
04/28/2023 04/28/23 Sold $9,000,000 -16.3% $2,900 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
01/17/2023 01/17/23 Pending -- -- --
10/19/2022 10/19/22 Price Changed $10,750,000 0.0% $3,464 / Sq Ft
10/14/2022 10/14/22 For Sale $10,750,000 -18.5% $3,464 / Sq Ft
06/30/2022 06/30/22 For Sale $13,195,000 -- $4,252 / 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 $135,958 $9,045,918 -- --
2023 $121,746 $7,310,130 $0 $0
2022 $104,292 $6,645,573 $0 $0
2021 $18,729 $1,105,391 $0 $0
2020 $18,743 $1,090,129 $0 $0
2019 $18,699 $1,065,620 $0 $0
2018 $17,815 $1,045,751 $0 $0
2017 $17,791 $1,024,242 $0 $0
2016 $16,741 $1,003,175 $0 $0
2015 $17,309 $996,202 $0 $0
2014 $17,391 $988,296 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10813069

BeachesMLS

APN: 50-43-43-10-10-000-0121