$9,700,000
SOLD FEB 16, 2012

Palm Beach, FL 33480

4 Beds
7 Baths
6,028 Sq Ft
0.61 Acres

Recently Sold

$1,609 Per Sq Ft

16% Below List Price

90 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Private Pool
  • Den
  • Palm Beach Public School Rated A-
  • Sun or Florida Room
  • Formal Dining Room

About This Home

As of May 2021

In addition to the structure at 320, included in the sale is a 2,270 s.f. guest house consisting of 3 bedrooms and 3 baths on the parcel to the east with an address of 310 Island Road. The guest house at 310 was built in 1950.

Last Agent to Sell the Property

Cris Condon

Sotheby's Intl. Realty, Inc. License #392210 Listed on: 10/18/2011

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Kevin Clark

Sotheby's Intl. Realty, Inc. License #3241939

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,462

Year Built

  • Built in 1950

Lot Details

  • Property fronts an intracoastal waterway
  • North Facing Home
  • Property is zoned Ra

Property Views

  • Intracoastal
  • Golf Course

Interior Spaces

  • 6,028 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Bar
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Island Road Dev Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434327040000020

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,462

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: S. County Road to Island Road
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, Pantry, Bar
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Other
  • Living Area: 6028.0
  • Dining Room Type: Den, Florida Room
  • Stories: 2

Exterior Features

  • View: Golf Course, Intercoastal
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434327040000020
  • Zoning Description: Ra

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 41462.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
May 4, 2021
Sold by
Jones Lakeland Llc
Bought by
Pb Island Dreams Llc
Seller's Agent
Suzanne Frisbie
The Corcoran Group
Buyer's Agent
Dana Koch
The Corcoran Group
List Price
$45,000,000
Sold Price
$41,712,000
Premium/Discount to List
-$3,288,000
-7.31%
Current Estimated Value
$32,446,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,265,556
Avg. Annual Appreciation
-5.81%

Purchase Details

Listed on
Aug 26, 2020
Closed on
Jan 8, 2021
Sold by
Berwind James D
Bought by
Jones Lakeland Llc
Seller's Agent
Cris Condon
Sotheby's International Realty, Inc.
Buyer's Agent
SUZANNE FRISBIE
MCCANN COYNER CLARKE
List Price
$26,151,000
Sold Price
$26,151,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
330.19%

Purchase Details

Closed on
Nov 1, 2012
Sold by
Atterbury William W and 320 Island Road Trust
Bought by
Berwind James D

Purchase Details

Closed on
Mar 20, 2007
Sold by
Blabon Holt Diana and Holt Charles C
Bought by
The Island Road Lp
Source: Public Records

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Range of Values:

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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
Warranty Deed $41,712,000 Attorney
Warranty Deed $26,151,000 Attorney
Deed -- Attorney
Quit Claim Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $14,500,000 New Conventional
Previous Owner $8,000,000 Construction
Previous Owner $1,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $41,712,000 -7.3% $5,542 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $45,000,000 +72.1% $5,979 / Sq Ft
01/08/2021 01/08/21 Sold $26,151,000 0.0% $3,475 / Sq Ft
01/08/2021 01/08/21 Sold $26,151,000 0.0% $3,475 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/09/2020 12/09/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $26,151,000 -30.3% $3,475 / Sq Ft
11/01/2019 11/01/19 For Sale $37,500,000 +286.6% $4,983 / Sq Ft
02/16/2012 02/16/12 Sold $9,700,000 -15.7% $1,609 / Sq Ft
01/17/2012 01/17/12 Pending -- -- --
10/18/2011 10/18/11 For Sale $11,500,000 -- $1,908 / 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 $644,187 $39,848,636 -- --
2023 $559,492 $36,226,246 $0 $0
2022 $512,071 $32,932,951 $0 $0
2021 $406,026 $24,905,268 $12,584,390 $12,320,878
2020 $258,492 $15,595,698 $0 $0
2019 $258,036 $15,245,062 $0 $0
2018 $245,089 $14,960,807 $0 $0
2017 $244,560 $14,653,092 $0 $0
2016 $246,168 $14,351,706 $0 $0
2015 $254,568 $14,249,311 $0 $0
2014 $156,934 $8,648,463 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Suzanne Frisbie

    The Corcoran Group

    (215) 353-8636

    110 Total Sales

    Suzanne Frisbie
    Section Image

  • C

    Seller's Agent in 2021

    Cris Condon

    Sotheby's International Realty, Inc.

    (561) 301-2211

    16 Total Sales

    Cris Condon
    Section Image
  • Dana Koch

    Buyer's Agent in 2021

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    229 Total Sales

    Dana Koch
    Section Image

  • p

    Buyer's Agent in 2021

    pbb.rets.frisst

    pbb.rets.RETS_OFFICE

  • K

    Buyer's Agent in 2012

    Kevin Clark

    Sotheby's Intl. Realty, Inc.

See All Agents

Source: BeachesMLS

MLS Number: R3233211

BeachesMLS

APN: 50-43-43-27-04-000-0010

Florida Palm Beach County Palm Beach

33480

This home and is currently priced at $9,700,000, approximately $1,609 per square foot. This property was built in 1950. This home 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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