NOT LISTED FOR SALE

315 Chapel Hill Rd Palm Beach, FL 33480

Estimated Value: $8,908,000

8 Beds
8 Baths
7,636 Sq Ft
$1,167/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $49,600,000 $6,496 Per Sq Ft

Current estimated payment $57,445/month

180 Days on Market

Highlights

  • Guest House
  • Property fronts an intracoastal waterway
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Pool and Spa
  • Regency Architecture

About This Home

As of May 2024

Fantastic Lakefront In-Town property with 200'+/- along the Intracoastal. Stunning water views throughout this one story estate. 8 bedrooms, 8 full baths, and 2 powder rooms split between main residence and guest house. The main estate features high ceilings, grand living room with fireplace, formal dining room, and family room with wet bar. Beautiful tropical landscaping surrounds terraces, swimming pool, and spa. Dramatic view of the kapok tree. Spectacular sunset, Intracoastal, and downtown views.

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 10/04/2023

Last Buyer's Agent

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 10/04/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $155,084

Year Built

  • Built in 1987

Lot Details

  • Property fronts an intracoastal waterway
  • West Facing Home
  • Property is zoned R-A - Estate Residential

Parking

  • 2 Car Garage

Home Design

  • Regency Architecture

Interior Spaces

  • 7,636 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Library
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Lanai

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Hill Sub Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434322230000040

Home Details

Home Type

Single Family

Est. Annual Taxes

$155,084

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: Irreg.
  • Subdivision Name: Hill Sub
  • Architectural Style: Regency, One Story
  • Garage Yn: Yes
  • Year Built: 1987
  • Location Tax Legal:Zoned: R-A - Estate Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 155084.16
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 7636.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • 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): Irreg.
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • WaterSewer:Sewer: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Style:One Story: Yes
  • Exposure:West: Yes
  • Style:Regency: Yes
  • Waterfront:ICW-Across Bikepath: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Oven-Double, Oven-Convection, Microwave, Washer, Dryer
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Flooring: Hardwood, Marble, W/W Carpeting, Other Flooring
  • Interior Amenities: Bidet, Pantry
  • Living Area: 7636.0
  • Window Features: Other
  • 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:Oven-Convection: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Bidet: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre
  • Pool Features: Pool, Fresh Water, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: ICW-Across Bikepath
  • Waterfront: Yes
  • Construction Type: Other Construction
  • Exterior Features: Patio/Lanai, Storm Shutters, Guesthouse/Cottage
  • Roof: Other
  • Exterior Features:PatioLanai: Yes
  • Construction:Other Construction: Yes
  • Exterior Features:Storm Shutters: Yes
  • Pool/Spa: Yes
  • Exterior Features:GuesthouseCottage: Yes

Garage/Parking

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

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434322230000040
  • Zoning: R-A - Estate Residential

Tax Info

  • Tax Annual Amount: 155084.16
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
May 31, 2024
Sold by
Flaherty Brian E and Flaherty Christina Ann
Bought by
Ocean Breezes 2 Llc
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$59,500,000
Sold Price
$49,600,000
Premium/Discount to List
-$9,900,000
-16.64%
Views
684
Current Estimated Value
$8,908,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,692,000
Avg. Annual Appreciation
-74.65%
Original Mortgage
$25,000,000
Outstanding Balance
$24,793,652
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
-$15,495,652

Purchase Details

Closed on
Mar 26, 2012
Sold by
Flagherty William E and Flaherty Clementina S
Bought by
Flaherty William E
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
Ocean Breezes 2 Llc $49,600,000 None Listed On Document
Ocean Breezes 2 Llc $49,600,000 None Listed On Document
Flaherty William E -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocean Breezes 2 Llc $25,000,000
Closed Ocean Breezes 2 Llc $25,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $49,600,000 -16.6% $6,496 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
10/04/2023 10/04/23 For Sale $59,500,000 -- $7,792 / 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 $592,882 $39,773,003 -- --
2023 $154,791 $10,261,918 $0 $0
2022 $155,084 $9,963,027 $0 $0
2021 $157,737 $9,672,842 $0 $0
2020 $158,103 $9,539,292 $0 $0
2019 $157,819 $9,324,821 $0 $0
2018 $149,906 $9,150,953 $0 $0
2017 $150,021 $8,962,736 $0 $0
2016 $150,476 $8,778,390 $0 $0
2015 $155,634 $8,717,368 $0 $0
2014 $156,387 $8,648,183 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 23-1546

APN: 50-43-43-22-23-000-0040