NOT LISTED FOR SALE

Estimated Value: $7,706,000 - $17,094,189

4 Beds
3 Baths
3,791 Sq Ft
$2,947/Sq Ft Est. Value

Last Sold January 29, 2014

Last sale price $4,800,000 $1,266 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $73,176/month

20 Days on Market

Highlights

  • Property has ocean access
  • Waterfront
  • Lanai
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of January 2014

Large double lot on the corner of Arabian Rd & N Lake Way: 218' on Arabian and 130' on N Lake. Gorgeous mature lush plantings. Beautifully renovated ''Old Florida'' style home originally built in 1943 (per Tax Roll). Beach access at the end of Arabian.

Last Agent to Sell the Property

SUZANNE FRISBIE

The Corcoran Group Listed on: 01/03/2014

Co-Listed By

JAMES McCANN

The Corcoran Group

Last Buyer's Agent

BETSEY HALL

THE FITE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,908

Year Built

  • Built in 1943

Lot Details

  • Waterfront
  • Southeast Facing Home
  • Sprinkler System
  • Property is zoned RB

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Tile Roof
  • Fiber Cement Roof

Interior Spaces

  • 3,791 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Single Hung Windows
  • Dining Room
  • Library
  • Storage
  • Utility Room

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio
  • Lanai
  • Attached Grill

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 50434234030000510

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,908

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 218
  • Subdivision Name: N/A
  • Architectural Style: Two Story, Other Style
  • Year Built: 1943
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 34908.0
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Living Area: 3791.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 218
  • Floors:Hardwood: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Windows:Single Hung: Yes
  • Windows:Impact Glass-Partial: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable, Ceiling Fan, Fireplace, Sound System, Storage, Wet Bar
  • Living Area: 3791.0
  • Window Features: Single Hung, Impact Glass-Partial
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre
  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Frame
  • Exterior Features: Balcony, Patio/Lanai, Ocean Access-No Deed, Built-in Grill, Storm Shutters, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:PatioLanai: Yes
  • Construction:Frame: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Built-in Grill: Yes
  • Exterior Features:Ocean Access-No Deed: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached
  • Garage: Yes
  • Garage:_two_ Car: 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 #: 50434234030000510
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 34908.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2014
Closed on
Jan 30, 2014
Sold by
Cole Janet E
Bought by
Apple Steven L
Seller's Agent
SUZANNE FRISBIE
The Corcoran Group
Buyer's Agent
BETSEY HALL
THE FITE GROUP
List Price
$4,800,000
Sold Price
$4,800,000
Current Estimated Value
$11,171,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,371,063
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
Nov 25, 2002
Sold by
Boomhower Robert Charles
Bought by
Boomhower Robert Charles
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Apple Steven L $4,800,000 Attorney
Boomhower Robert Charles -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2014 01/29/14 Sold $4,800,000 0.0% $1,266 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $4,800,000 -- $1,266 / 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 $163,898 $8,013,867 -- --
2023 $166,611 $7,285,334 $0 $0
2022 $150,851 $6,623,031 $0 $0
2021 $106,139 $6,968,260 $5,534,765 $1,433,495
2020 $94,261 $5,769,253 $4,571,587 $1,197,666
2019 $89,901 $5,559,057 $4,155,988 $1,403,069
2018 $82,412 $5,553,449 $4,155,988 $1,397,461
2017 $70,382 $4,112,381 $3,233,760 $878,621
2016 $70,789 $4,089,790 $0 $0
2015 $66,778 $3,717,991 $0 $0
2014 $50,289 $2,761,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-18

APN: 50-43-42-34-03-000-0510