NOT LISTED FOR SALE

312 Cherry Ln Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $9,193,000 - $14,417,644

4 Beds
5 Baths
4,767 Sq Ft
$2,408/Sq Ft Est. Value

Last Sold February 26, 2013

Last sale price $3,850,000 $808 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $66,512/month

66 Days on Market

Highlights

  • Gas Heated Pool
  • Waterfront
  • Spanish Architecture
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Lanai

About This Home

As of February 2013

Only newer construction available on the Near North End. Located at the end of a private cul-de-sac with water views out from the master. Complete with a full house generator, spa, pool w/gas heater, landscape by Mario Nivera, custom lighting, crestron electronics and full security system. Features include fine hardwood and natural stone flooring, vaulted ceilings and a gourmet kitchen.

Last Agent to Sell the Property

GARY POHRER

K2 Realty, Inc. Listed on: 11/13/2012

Last Buyer's Agent

GARY POHRER

THE CORCORAN GROUP 2435

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,602

Year Built

  • Built in 2004

Lot Details

  • Waterfront
  • Northwest Facing Home
  • Back and Front Yard Fenced
  • Property is zoned RB

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,767 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Dining Room
  • Library
  • Storage
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

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

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cherry Lane Add Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434310090000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,602

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 191
  • Subdivision Name: Cherry Lane Add
  • Directions: Call Listing Agent
  • Architectural Style: Mediterranean, Spanish, Two Story
  • Year Built: 2004
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 43602.0
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Living Area: 4767.0
  • 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): 191
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Pets:Pets Allowed: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Style:Mediterranean: Yes
  • Exposure:West: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Gas, Oven-Double, Oven-Convection, Microwave, Washer, Dryer, Central Vac System
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood
  • Interior Amenities: Cable, Ceiling Fan, Elevator, Fireplace, Intercom, Sound System, Smoke Detectors, Storage, Wndw Trmnts Included, Pantry
  • Living Area: 4767.0
  • Window Features: Impact Glass-Full
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes
  • Interior Features:Sound System: Yes
  • Interior Features:Intercom: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Fence-Front Wall
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Fence-Front Wall: Yes

Garage/Parking

  • Parking Features: 2 Car
  • Garage:_two_ Car: Yes

Utilities

  • Security: Security System
  • Heating: Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434310090000100
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 43602.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2012
Closed on
Feb 25, 2013
Sold by
Foley Mark Adam
Bought by
312 Cherry Lane Llc
Seller's Agent
GARY POHRER
K2 Realty, Inc.
Buyer's Agent
GARY POHRER
THE CORCORAN GROUP 2435
List Price
$3,850,000
Sold Price
$3,850,000
Current Estimated Value
$11,076,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,226,592
Avg. Annual Appreciation
8.85%

Purchase Details

Closed on
May 13, 2005
Sold by
Boston Homes Inc
Bought by
Nisenbaum Layne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 2, 2001
Sold by
Mcginty-Gallagher Patricia Mc and Gallagher Patrick
Bought by
Boston Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
7.72%
Mortgage Type
New Conventional
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
312 Cherry Lane Llc $3,850,000 Standard Title Insurance Age
Nisenbaum Layne D $3,700,000 --
Boston Homes Inc $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nisenbaum Layne D $1,000,000
Previous Owner Nisenbaum Layne D $775,000
Previous Owner Nisenbaum Layne D $250,000
Previous Owner Nisenbaum Layne D $1,775,000
Previous Owner Gallagher Patricia Mcginty $2,200,000
Previous Owner Gallagher Patricia Mcginty $1,007,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2013 02/26/13 Sold $3,850,000 0.0% $808 / Sq Ft
01/18/2013 01/18/13 Pending -- -- --
11/13/2012 11/13/12 For Sale $3,850,000 -- $808 / 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 $70,388 $4,697,633 -- --
2023 $68,900 $4,560,809 $0 $0
2022 $69,083 $4,427,970 $0 $0
2021 $70,287 $4,299,000 $0 $0
2020 $70,443 $4,239,645 $0 $0
2019 $70,310 $4,144,326 $0 $0
2018 $66,804 $4,067,052 $0 $0
2017 $66,837 $3,983,401 $0 $0
2016 $66,592 $3,901,470 $0 $0
2015 $68,871 $3,874,350 $0 $0
2014 $66,447 $3,652,176 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    GARY POHRER

    K2 Realty, Inc.

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-2530

APN: 50-43-43-10-09-000-0100

Florida Palm Beach County Palm Beach 33480 North End

312 Cherry Ln, Palm Beach, FL

This home is located at 312 Cherry Ln, Palm Beach, FL 33480 since 13 November 2012 and is currently estimated at $11,481,215, approximately $2,408 per square foot. This property was built in 2004. 312 Cherry Ln is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

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