NOT LISTED FOR SALE

308 Cocoanut Row Palm Beach, FL 33480

Estimated Value: $8,512,000 - $10,943,536

3 Beds
4 Baths
3,183 Sq Ft
$2,953/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $4,550,000 $1,429 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $55,333/month

215 Days on Market

Highlights

  • Gas Heated Pool
  • Waterfront
  • No HOA
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Balcony

About This Home

As of September 2018

Newly built by Wittmann Building, this townhouse-like home is convenient, easy to maintain and in the perfect location. Elegant details and a neutral palette highlight the lofty ceilings, crown moldings on both levels. The thoughtful layout lives the way you want to with a sophisticated yet casual flair. An open floorplan lends itself to intimate gatherings with room for al fresco dining and entertaining. Faulous his & her master amenities, 2-car air-conditioned garage, full house generator, outdoor barbecue. Take advantage of this home's in-town location and ease of maintenance and enjoy all Palm Beach has to offer. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed, please do not consider this a solicitation. In the event a Buyer defaults, no commission will be paid to either Broker on the Deposits retained by the Seller. "No Commissions Paid until Title Passes." Copyright 2018 Listing Company. All Rights Reserved.

Last Agent to Sell the Property

JIM McCANN

Premier Estate Properties, Inc. - Palm Beach License #BK-397290 Listed on: 01/03/2018

Last Buyer's Agent

LYNN TELLING

THE FITE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,840

Year Built

  • Built in 2015

Lot Details

  • 6,875 Sq Ft Lot
  • Waterfront
  • East Facing Home
  • Fenced Front Yard
  • Property is zoned R-C - Medium Density Residential, R-C - Medium Density

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,183 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Ceiling Fan
  • Fireplace
  • Dining Area
  • Library

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

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

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Attached Grill

Community Details

  • No Home Owners Association
  • Royal Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434323050010222

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,840

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 55
  • Subdivision Name: Royal Park
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Year Built: 2015
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 68840.0
  • Location Tax Legal:Tax Year2: 2017
  • General Property Description:Living Area: 3183.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 55
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Cement Tile: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 6875
  • HOA:None: Yes
  • Exposure:East: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Gas, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, W/W Carpeting
  • Interior Amenities: Ceiling Fan, Elevator, Fireplace, Smoke Detectors
  • Living Area: 3183.0
  • Window Features: Impact Glass-Full
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Fence-Front Wall, Built-in Grill
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:Built-in Grill: Yes
  • Exterior Features:Fence-Front Wall: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached, Air Conditioned
  • Garage: Yes
  • Garage:_two_ Car: Yes
  • Garage:Air Conditioned: Yes

Utilities

  • Security: Security System

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 6875.0
  • Parcel #: 50434323050010222
  • Zoning: R-C - Medium Density
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 68840.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2020
Sold by
Bay Laurie L
Bought by
Bay Laurie L and The Laurie Lynne Bay Declarati
Current Estimated Value
$9,400,384

Purchase Details

Listed on
Jan 3, 2018
Closed on
Sep 7, 2018
Sold by
Marucci George E and Marucci Sandra B
Bought by
Bay James N and Bay Laurie V
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc. - Palm Beach
Buyer's Agent
LYNN TELLING
THE FITE GROUP
List Price
$4,550,000
Sold Price
$4,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%

Purchase Details

Listed on
Jan 24, 2013
Closed on
Mar 3, 2014
Sold by
Wolfe Richard W
Bought by
Marucci George E
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
JIM McCANN
Premier Estate Properties, Inc
List Price
$1,900,000
Sold Price
$1,161,000
Premium/Discount to List
-$739,000
-38.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.28%

Purchase Details

Closed on
Mar 5, 2010
Sold by
Wolfe Richard W and Wolfe Carol M
Bought by
Wolfe Richard W

Purchase Details

Closed on
Jul 19, 2007
Sold by
Thorhaug Anitra
Bought by
Wolfe Richard W and Wolfe Carol M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,418,000
Interest Rate
7.87%
Mortgage Type
Negative Amortization
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
Bay Laurie L -- Attorney
Bay James N $4,550,000 Attorney
Marucci George E $1,161,000 Attorney
Wolfe Richard W -- Attorney
Wolfe Richard W $1,772,500 Miami Legal Title & Mediatio
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolfe Richard W $1,418,000
Previous Owner Thorhaugh Anitra $550,000
Previous Owner Thorhaug Anitra $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $4,550,000 0.0% $1,429 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $4,550,000 +291.9% $1,429 / Sq Ft
03/04/2014 03/04/14 Sold $1,161,000 0.0% $290 / Sq Ft
03/04/2014 03/04/14 Sold $1,161,000 -38.9% $290 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
02/02/2014 02/02/14 Pending -- -- --
01/24/2013 01/24/13 For Sale $1,900,000 +63.7% $475 / Sq Ft
11/09/2012 11/09/12 For Sale $1,161,000 -- $290 / 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 $68,280 $4,623,021 -- --
2023 $66,906 $4,488,370 $0 $0
2022 $67,087 $4,357,641 $0 $0
2021 $68,174 $4,230,719 $0 $0
2020 $69,085 $4,172,307 $1,575,000 $2,597,307
2019 $63,907 $3,739,514 $1,425,000 $2,314,514
2018 $57,465 $3,509,315 $1,467,999 $2,041,316
2017 $68,840 $4,118,350 $1,334,545 $2,783,805
2016 $64,856 $3,696,592 $0 $0
2015 $18,166 $1,014,006 $0 $0
2014 $16,727 $921,824 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    JIM McCANN

    Premier Estate Properties, Inc. - Palm Beach

    (561) 307-1525

    71 Total Sales

    JIM McCANN
    Section Image

  • L

    Buyer's Agent in 2018

    LYNN TELLING

    THE FITE GROUP

  • Christian Angle

    Seller's Agent in 2014

    Christian Angle

    Christian Angle Real Estate

    (561) 629-3015

    201 Total Sales

    Christian Angle
    Section Image

  • J

    Buyer's Agent in 2014

    JAMES MCCANN

    THE CORCORAN GROUP

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-17

APN: 50-43-43-23-05-001-0222

Florida Palm Beach County Palm Beach 33480

308 Cocoanut Row, Palm Beach, FL

This home is located at 308 Cocoanut Row, Palm Beach, FL 33480 since 03 January 2018 and is currently estimated at $9,400,384, approximately $2,953 per square foot. This property was built in 2015. 308 Cocoanut Row is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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