NOT LISTED FOR SALE

307 Chilean Ave Palm Beach, FL 33480

Estimated Value: $8,522,000 - $14,248,517

4 Beds
4 Baths
3,462 Sq Ft
$2,946/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $12,000,000 $3,466 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $71,383/month

21 Days on Market

Highlights

  • Pool and Spa
  • Waterfront
  • Traditional Architecture
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Lanai

About This Home

As of January 2022

New construction home completed in December 2020 is now available for sale, move in now, bring your toothbrush! 307 Chilean Avenue is an exceptional in town single family home, just steps from Worth Avenue, the beach, A+ shopping, restaurants, walk everywhere. Designed by renowned Palm Beach Architect, Pat Segraves, constructed by Dunworth Builders with landscape design by award winning Nievera Williams. Replete with 4 bedrooms, 4.2 baths, elevator, 2 laundry rooms, chefs kitchen with Wolf, Subzero, Miele espresso maker, and two dishwashers. Outdoor pool, spa, covered loggia with motorized screens, bbq and outdoor shower, no expense to detail, amenity, or quality was spared.

A one car garage, full impact protection with custom doors and windows a new state of the art security system, round out this exceptional offering. Call listing agent, Elizabeth Dewoody, Compass Palm Beach, to schedule a private showing.

Last Agent to Sell the Property

Elizabeth DeWoody

Compass Florida, LLC License #SL-3293657 Listed on: 12/20/2021

Compass Florida, LLC

Co-Listed By

Peter Conn

Compass Florida LLC License #3442234

Last Buyer's Agent

Christian Angle

Christian Angle Real Estate License #703536

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,443

Year Built

  • Built in 2020

Lot Details

  • 6,250 Sq Ft Lot
  • Waterfront
  • South Facing Home
  • Sprinkler System
  • Property is zoned R-C - Medium Density Residential, R-C - Medium Density

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,462 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Dining Room
  • Library

Kitchen

  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai
  • Attached Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tropic Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434323050060320

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,443

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Lot Size: 50
  • Subdivision Name: Tropic Isle
  • Directions: Chilean between Cocoanut Row and Hibiscus Avenue.
  • Architectural Style: Traditional, Two Story
  • Garage Yn: Yes
  • Year Built: 2020
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 30442.79
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 3462.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 50
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 6250
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Windows:Impact Glass: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Electric, Microwave, Washer, Dryer
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble
  • Interior Amenities: Cable, Elevator, Smoke Detectors
  • Living Area: 3462.0
  • Window Features: Impact Glass
  • Other Rooms:Dining Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Built-in Grill, Sprinkler System
  • Roof: Other
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Pool/Spa: Yes
  • Exterior Features:Built-in Grill: Yes

Garage/Parking

  • Parking Features: Attached
  • Garage: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 6250.0
  • Parcel #: 50434323050060320
  • Zoning: R-C - Medium Density
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 30442.79
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Jan 25, 2022
Sold by
Grammarian Inc
Bought by
Kls Investments Llc
Seller's Agent
Elizabeth DeWoody
Compass Florida, LLC
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$12,000,000
Sold Price
$12,000,000
Current Estimated Value
$10,648,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,351,660
Avg. Annual Appreciation
-4.50%

Purchase Details

Listed on
Sep 28, 2020
Closed on
Jan 22, 2021
Sold by
Besikof Justin B and Besikof Meira S
Bought by
Grammarian Inc
Seller's Agent
Linda R Olsson
Linda R. Olsson, Inc.
Buyer's Agent
Elizabeth DeWoody
Compass Florida LLC (PB)
List Price
$7,495,000
Sold Price
$6,900,000
Premium/Discount to List
-$595,000
-7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.96%

Purchase Details

Listed on
Jan 8, 2019
Closed on
May 10, 2019
Sold by
Dar Ahlam Ii Llc
Bought by
Besikof Justin B and Besikof Meira S
Seller's Agent
Burt Minkoff
Douglas Elliman
Buyer's Agent
Linda R Olsson
Linda R. Olsson, Inc.
List Price
$2,950,000
Sold Price
$2,250,000
Premium/Discount to List
-$700,000
-23.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.07%
Original Mortgage
$3,352,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 3, 2015
Closed on
Feb 18, 2016
Sold by
307 Chilean Buildings Llc
Bought by
Dar Ahlam Ii Llc
Seller's Agent
Lucy Webster
The Corcoran Group
List Price
$2,375,000
Sold Price
$1,900,000
Premium/Discount to List
-$475,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%

Purchase Details

Closed on
Oct 15, 2015
Sold by
Double L Family Limited Partnership
Bought by
307 Chilean Building Llc

Purchase Details

Closed on
Sep 21, 2000
Sold by
Bernard A Moran Jr Tr and Lucy R Anthony Webster Tr
Bought by
Double L Family L P
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Kls Investments Llc $12,000,000 Alley Maass Rogers & Lindsay P
Grammarian Inc $6,344,700 Attorney
Besikof Justin B $2,250,000 Premier Title Company Ltd
Dar Ahlam Ii Llc $1,900,000 Attorney
307 Chilean Building Llc $595,900 Attorney
Double L Family L P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Besikof Justin B $3,800,000
Previous Owner Besikof Justin B $3,352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2022 01/25/22 Sold $12,000,000 0.0% $3,466 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
12/20/2021 12/20/21 For Sale $12,000,000 +73.9% $3,466 / Sq Ft
01/22/2021 01/22/21 Sold $6,900,000 -7.9% $1,725 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $7,495,000 +233.1% $1,874 / Sq Ft
05/16/2019 05/16/19 Sold $2,250,000 -23.7% $865 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $2,950,000 +55.3% $1,135 / Sq Ft
02/18/2016 02/18/16 Sold $1,900,000 -20.0% $731 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
11/03/2015 11/03/15 For Sale $2,375,000 -- $913 / 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 $150,882 $9,554,676 -- --
2023 $131,505 $8,686,069 $3,412,500 $5,273,569
2022 $126,013 $5,830,154 $0 $0
2021 $87,188 $5,300,140 $2,062,500 $3,237,640
2020 $30,443 $1,785,000 $1,785,000 $0
2019 $29,487 $1,630,876 $1,615,000 $15,876
2018 $29,867 $1,711,427 $1,699,500 $11,927
2017 $27,872 $1,552,167 $1,545,000 $7,167
2016 $31,530 $1,767,890 $0 $0
2015 $20,564 $1,091,641 $0 $0
2014 $19,052 $992,721 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-1798

APN: 50-43-43-23-05-006-0320