NOT LISTED FOR SALE

Estimated Value: $8,736,000 - $30,304,420

5 Beds
9 Baths
8,022 Sq Ft
$2,433/Sq Ft Est. Value

Last Sold February 14, 2012

Last sale price $10,350,000 $1,290 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $113,189/month

117 Days on Market

Highlights

  • Media Room
  • Built in 2002 | Newly Remodeled
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Private Pool
  • Pool View

About This Home

As of February 2012

Palm Beach Georgian home for sale - 3 levels, 4,000+ bottle wine cellar, gym, billiards room, theatre, qualty construction, very high elevation lot, generator, heated pool & spa, Beautiful loggias and a great Palm Beach value.

Last Agent to Sell the Property

JIM McCANN

Premier Estate Properties, Inc License #397290 Listed on: 09/16/2011

Last Buyer's Agent

Carole Hogan

Brown Harris Stevens of PB License #535238

Brown Harris Stevens of PB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $118,982

Year Built

  • Built in 2002 | Newly Remodeled

Lot Details

  • Lot Dimensions are 200 x 115
  • North Facing Home
  • Property is zoned Rb

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Concrete Roof

Interior Spaces

  • 8,022 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Bar
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Media Room
  • Pool Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Rafalsky Mark Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434310040001090

Home Details

Home Type

Single Family

Est. Annual Taxes

$118,982

Year Built

Built in 2002 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Royal Park Bridge to North Lake Way
  • Year Built: 2002
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, French Door(s)/Atrium Door(s), Fireplace, Kitchen Island, Pantry, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Marble, Wood
  • Living Area: 8022.0
  • Dining Room Type: Family Room, Media Room
  • Stories: 3

Exterior Features

  • Exterior Features: Outdoor Grill, Patio
  • View: Pool
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Property Condition: New Construction
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Other Equipment: Intercom
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434310040001090
  • Lot Size: 200 x 115
  • Zoning Description: Rb

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 118982.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2015
Sold by
Smith Thomas and Smith Diane
Bought by
Smith Thomas W
Current Estimated Value
$19,520,210

Purchase Details

Listed on
Sep 16, 2011
Closed on
Feb 14, 2012
Sold by
Lambert David G
Bought by
Smith Thomas and Smith Diane
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc
Buyer's Agent
Carole Hogan
Brown Harris Stevens of PB
List Price
$14,250,000
Sold Price
$10,350,000
Premium/Discount to List
-$3,900,000
-27.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Apr 21, 2000
Sold by
Boston Homes Inc
Bought by
Lambert David G

Purchase Details

Closed on
Dec 9, 1997
Sold by
Joyce Thomas M and Joyce Lois B
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
$1,050,000
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 1997
Sold by
Le Miriam Gilpatric
Bought by
Joyce Thomas M and Joyce Lois B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
7.43%
Mortgage Type
New Conventional
Source: Public Records
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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
Smith Thomas W -- None Available
Smith Thomas $10,350,000 Attorney
Lambert David G $2,450,000 --
Boston Homes Inc $1,400,000 --
Joyce Thomas M $100 --
Joyce Thomas M $1,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joyce Thomas M $1,050,000
Previous Owner Joyce Thomas M $875,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2012 02/14/12 Sold $10,350,000 -27.4% $1,290 / Sq Ft
01/15/2012 01/15/12 Pending -- -- --
09/19/2011 09/19/11 For Sale $14,250,000 -- $1,776 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $145,526 $9,993,594 -- --
2024 $145,526 $9,711,948 -- --
2023 $142,514 $9,429,076 $0 $0
2022 $142,646 $9,145,656 $0 $0
2021 $145,112 $8,879,278 $0 $0
2020 $145,442 $8,756,684 $0 $0
2019 $145,181 $8,559,808 $0 $0
2018 $137,921 $8,400,204 $0 $0
2017 $138,018 $8,227,428 $0 $0
2016 $138,089 $8,058,206 $0 $0
2015 $142,821 $8,002,191 $0 $0
2014 $143,512 $7,938,682 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R3225997

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-10-04-000-1090