NOT LISTED FOR SALE

Estimated Value: $9,030,000 - $17,938,508

9 Beds
8 Baths
9,516 Sq Ft
$1,480/Sq Ft Est. Value

Last Sold April 25, 2018

Last sale price $6,990,000 $735 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $70,937/month

378 Days on Market

Highlights

  • Home Theater
  • Outdoor Pool
  • Waterfront
  • Palm Beach Public School Rated A-
  • Garage Apartment
  • Wood Flooring

About This Home

As of April 2018

Premier location and classic in design, this 9 bedroom estate is a true private sanctuary. Enjoy its grand scale rooms and extraordinary indoor/outdoor spaces. Perfect for entertaining and a testament to the very best in luxury living.

Last Agent to Sell the Property

Paulette Koch

The Corcoran Group License #3068398 Listed on: 12/13/2016

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

Crista Ryan

Tina Fanjul Associates, Inc. License #SL-451844

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,105

Year Built

  • Built in 1930

Lot Details

  • Waterfront
  • South Facing Home
  • Sprinkler System
  • Property is zoned RB

Home Design

  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction
  • Tile

Interior Spaces

  • 9,516 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Awning
  • Dining Room
  • Home Theater
  • Library
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Hurricane or Storm Shutters
  • Partial Impact Glass
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Garage Apartment
  • Bathroom In Garage
  • Garage Door Opener

Pool

  • Outdoor Pool
  • Heated Pool
  • Diving Board

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mark Rafalsky Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434310040001140

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,105

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 103
  • Subdivision Name: Mark Rafalsky
  • Directions: N Lake Way left on Ridgeview
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Year Built: 1930
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 29105.0
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 9516.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 103
  • Floors:Hardwood: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Pets:Pets Allowed: Yes
  • WaterSewer:City Water: Yes
  • Windows:Awning: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Windows:Impact Glass-Partial: Yes
  • Pool:Heated - Electric: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Instant Hot Water, Range-Electric, Oven-Convection, Microwave, Washer, Dryer
  • Half Bathrooms: 2
  • Total Bedrooms: 9
  • Flooring: Hardwood, Other Flooring
  • Interior Amenities: Cable, Ceiling Fan, Elevator, Fireplace, Intercom, Sound System, Smoke Detectors, Wet Bar, Pantry
  • Living Area: 9516.0
  • Window Features: Awning, Impact Glass-Partial
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: 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
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Sound System: Yes
  • Other Rooms:Media Room: Yes
  • Appliances:Instant Hot Water: Yes
  • Interior Features:Intercom: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Diving Board, Fresh Water, Heated - Electric
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco, Hollow Tile
  • Exterior Features: Balcony, Patio/Lanai, Storm Shutters, Storm Shutters-Auto, Sprinkler System, Satellite Dish
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Satellite Dish: Yes
  • Exterior Features:Storm Shutters- Auto: Yes
  • Construction:Hollow Tile: Yes

Garage/Parking

  • Parking Features: Attached, Door Opener, Toilet in Garage
  • Garage: Yes
  • Other Rooms:Garage Apartment: Yes
  • Garage:Toilet in Garage: Yes

Utilities

  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: Yes
  • Parcel #: 50434310040001140
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 29105.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2020
Sold by
Cabin At Shooting Star Llc
Bought by
Pfeifler Brian C
Current Estimated Value
$11,530,438

Purchase Details

Listed on
Dec 13, 2016
Closed on
Apr 25, 2018
Sold by
Murphy Norman E and Murphy Norman E
Bought by
Cabin At Shooting Star Llc
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
Crista Ryan
Tina Fanjul Associates, Inc.
List Price
$6,990,000
Sold Price
$6,990,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$4,893,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2016
Sold by
Murphy Mark M
Bought by
Murphy Sarah S and Murphy Mark M

Purchase Details

Closed on
Feb 1, 2012
Sold by
Murphy Norman E and Murphy Sarah S
Bought by
Murphy Norman E and The Norman E Murphy Revocable Trust
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
Pfeifler Brian C -- Attorney
Cabin At Shooting Star Llc -- Attorney
Cabin At Shooting Star Llc -- Attorney
Cabin At Shooting Star Llc $6,990,000 Attorney
Murphy Sarah S -- None Available
Murphy Sarah S -- None Available
Murphy Norman E -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cabin At Shooting Star Llc $4,893,000
Previous Owner Murphy Norman E $1,000,000
Previous Owner Murphy Norman E $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2018 04/25/18 Sold $6,990,000 0.0% $735 / Sq Ft
12/26/2017 12/26/17 Pending -- -- --
12/13/2016 12/13/16 For Sale $6,990,000 -- $735 / 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 $93,667 $6,241,293 -- --
2023 $91,702 $6,059,508 $0 $0
2022 $91,864 $5,883,017 $0 $0
2021 $93,467 $5,711,667 $3,808,544 $1,903,123
2020 $91,356 $5,453,183 $3,742,424 $1,710,759
2019 $86,473 $5,049,845 $3,415,140 $1,634,705
2018 $100,999 $6,149,987 $4,548,687 $1,601,300
2017 $106,068 $6,323,982 $4,944,225 $1,379,757
2016 $29,105 $1,721,984 $0 $0
2015 $30,097 $1,710,014 $0 $0
2014 $30,241 $1,696,442 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-2716

APN: 50-43-43-10-04-000-1140