$1,161,000
SOLD MAR 4, 2014

308 Cocoanut Row Palm Beach, FL 33480

0.15 Acre
$7,740,000 Price per Acre
6,534 Sq Ft Lot

Recently Sold

$290 Per Sq Ft

39% Below List Price

373 Days on Market

About This Lot

As of September 2018

Great In Town opportunity, close to shops and restaurants. Lot size is 55' by 125'

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 01/24/2013

Last Buyer's Agent

JIM McCANN

Premier Estate Properties, Inc License #397290

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,885

Lot Details

  • 6,534 Sq Ft Lot
  • East Facing Home
  • Site Plan Filed
  • Property is zoned Rc

Location

  • City Lot

Community Details

  • Royal Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434323050010222

Property Details

Property Type

Land

Est. Annual Taxes

$17,885

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Okeechobee Blvd east onto Palm Beach, turn right onto Cocoanut
  • Special Features: None

Exterior Features

  • Lot Features: City Lot, < 1/4 Acre
  • Waterfront: No
  • Direction Faces: East

Lot Info

  • Parcel #: 50434323050010222
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.15
  • Lot Size: 55
  • Number Of Lots: 1
  • Zoning Description: Rc

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 17885.0

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
Not Available
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $4,550,000 Attorney
Warranty Deed $1,161,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $1,772,500 Miami Legal Title & Mediatio
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,418,000 Negative Amortization
Previous Owner $550,000 Credit Line Revolving
Previous Owner $75,000 New Conventional
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: 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 $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: BeachesMLS

MLS Number: R3340393

BeachesMLS

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 and is currently priced at $1,161,000, approximately $290 per square foot. 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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