NOT LISTED FOR SALE

Estimated Value: $3,297,000 - $6,142,000

7 Beds
5 Baths
2,911 Sq Ft
$1,596/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $1,100,000 $378 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $27,498/month

27 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Patio
  • Wood Flooring
  • Attached Garage
  • Living Room

About This Home

As of December 2017

Lush landscaping beautifies this timeless estate setting on a substantial corner property on picturesque tree-lined Palm Trail, close to Atlantic Avenue and the beach. The spacious grounds and sought-after in-town location make this a prime opportunity for a custom renovation or totally new residence. In a courtyard layout, the current mid-century Florida-style residence surrounds a pergola-covered terrace by the west lawns. The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records. Buyer should verify all measurements. SEE MORE The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed, please do not consider this a solicitation. In the event a Buyer defaults, no commission will be paid to either Broker on the Deposits retained by the Seller. "No Commissions Paid until Title Passes." Buyer pays title insurance, Florida documentary stamps, and all other closing costs for New Construction and land use. Copyright 2016 Listing Company. All Rights Reserved.

Last Agent to Sell the Property

Pascal Liguori

Premier Estate Properties, Inc. License #63009820 Listed on: 10/25/2017

Last Buyer's Agent

Pascal Liguori

Premier Estate Properties, Inc. License #63009820 Listed on: 10/25/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,005

Year Built

  • Built in 1954

Lot Details

  • Waterfront
  • Property is zoned R1AA

Parking

  • Attached Garage

Home Design

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

Interior Spaces

  • 2,911 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Washer

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Town Of Delray Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616011290010

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,005

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100
  • Subdivision Name: Town of Delray
  • Directions: From A1A take George Bush east to Palm Trail south.
  • Architectural Style: One Story
  • Year Built: 1954
  • Location Tax Legal:Zoned: R1AA
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 21005.0
  • Location Tax Legal:Tax Year2: 2017
  • General Property Description:Living Area: 2911.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Washers: Yes
  • General Property Description:Lot Dim (1): 100
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Style:One Story: Yes
  • Garage 2 Car: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range-Electric, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Flooring: Hardwood, Tile, W/W Carpeting
  • Living Area: 2911.0
  • Window Features: Other
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Range - Electric: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Roof: Cement Tile
  • Construction:Cement BlockStucco: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached
  • Garage: Yes

Utilities

  • Security: Other Security
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes
  • Water Source: City Water, Sewer

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 12434616011290010
  • Zoning: R1AA

Tax Info

  • Tax Annual Amount: 21005.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Dec 18, 2017
Sold by
Palm Trail Inc
Bought by
Ressa Lee A and The Ressa Family Trust
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc.
Buyer's Agent
Pascal Liguori
Premier Estate Properties, Inc.
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$4,646,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,546,967
Avg. Annual Appreciation
20.18%

Purchase Details

Closed on
Aug 1, 2002
Sold by
The Heights Foundation Inc
Bought by
Palm Trail Inc
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
Ressa Lee A $1,100,000 Attorney
Palm Trail Inc $615,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2017 12/21/17 Sold $1,100,000 0.0% $378 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
10/25/2017 10/25/17 For Sale $1,100,000 -- $378 / 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 $37,524 $2,080,605 -- --
2023 $37,799 $2,020,005 $0 $0
2022 $37,618 $1,961,170 $0 $0
2021 $37,808 $1,904,049 $0 $0
2020 $37,602 $1,877,760 $0 $0
2019 $20,432 $990,000 $990,000 $0
2018 $20,591 $1,010,819 $904,816 $106,003
2017 $21,005 $1,218,168 $878,462 $339,706
2016 $19,252 $826,542 $0 $0
2015 $18,103 $751,402 $0 $0
2014 $16,802 $683,093 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-2148

APN: 12-43-46-16-01-129-0010