NOT LISTED FOR SALE

Estimated Value: $7,016,000 - $13,017,750

5 Beds
3.5 Baths
4,332 Sq Ft
$2,275/Sq Ft Est. Value

Sale Details

Date Sold: November 15, 2024

Last sale price $13,375,000 $3,087 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $62,214 / mo

140 Days on Market

Highlights

  • Pool
  • No HOA
  • Laundry Room
  • Palm Beach Public School Rated A-
  • Patio
  • Entrance Foyer

About This Home

As of November 2024

Beautiful John Volk home with 5 bedrooms, 3 full baths, and powder room. Beautiful architectural detailing throughout this elegant and historic home. Excellent location on Pendleton Lane in the center of town and just one house from the Lake. Lake Trail access at the top of the street. Home is currently under renovation.

Last Buyer's Agent

Dana Koch

The Corcoran Group License #3027862

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,533

Year Built

  • Built in 1937

Lot Details

  • 10,454 Sq Ft Lot
  • South Facing Home
  • Property is zoned R-B

Parking

  • 2 Car Garage
  • Parking Garage Space

Interior Spaces

  • 4,332 Sq Ft Home
  • Property has 2 Levels
  • Entrance Foyer

Kitchen

  • Microwave
  • Free-Standing Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power

Additional Features

  • Patio
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 50434322020000061

Community Details

Overview

  • No Home Owners Association
  • Cocoanut Grove Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,533

Year Built

Built in 1937

Lot Details

10,454 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Property Sub Type: Single Family Residence
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 2
  • Lot Size Acres: 0.24
  • New Construction: No
  • Road Frontage Type: U.S. Hwy
  • Building Stories: 2
  • Structure Type: House
  • Subdivision Name: COCOANUT GROVE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Active
  • CurrentPrice: 13375000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Free-Standing Freezer, Microwave, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 4332
  • Stories: 2
  • Bedroom Features: Primary Bedroom Upstairs
  • Living Room Features: Laundry, Utility Room/Laundry

Exterior Features

  • Exterior Features: East Of Us1
  • Construction Type: Other
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot, East Of US 1
  • Other Structures: Livable
  • Patio And Porch Features: Patio
  • Pool Private: Yes
  • View: No
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Parking Garage
  • Total Parking Spaces: 2

Utilities

  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Utility Room/Laundry
  • Utilities: Water Connected, Water Available

Condo/Co-op/Association

  • Amenities: None, Private Pool
  • Association: No
  • Community Features: None

Lot Info

  • Parcel Number: 50434322020000061
  • Zoning: R-B

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 60533

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Nov 15, 2024
Sold by
Bought by
Buyer's Agent
Dana Koch
The Corcoran Group
List Price
$15,900,000
Sold Price
$13,375,000
Premium/Discount to List
-$2,525,000
-15.88%
Current Estimated Value
$9,853,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,521,083
Avg. Annual Appreciation
-16.27%

Purchase Details

Listed on
Sep 5, 2023
Closed on
Dec 6, 2023
Sold by
Bought by
Seller's Agent
Jeffrey Cloninger
Sotheby's Intl. Realty, Inc.
Buyer's Agent
CHRISTOPHER VILA
Sotheby's Intl. Realty, Inc.
List Price
$15,000,000
Sold Price
$12,500,000
Premium/Discount to List
-$2,500,000
-16.67%
Views
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
Dec 18, 2012
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$13,375,000 None Listed On Document
$12,500,000 None Listed On Document
-- Attorney
$218,626 None Available
$218,626 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $880,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2024 11/15/24 Sold $13,375,000 -15.9% $3,087 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $15,900,000 +27.2% $3,670 / Sq Ft
12/07/2023 12/07/23 Sold $12,500,000 -16.7% $2,886 / Sq Ft View Prior Sale
10/09/2023 10/09/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $15,000,000 0.0% $3,463 / Sq Ft
09/21/2021 09/21/21 Rented $280,000 0.0% --
08/22/2021 08/22/21 Under Contract -- -- --
06/28/2021 06/28/21 For Rent $280,000 +636.8% --
09/18/2020 09/18/20 Rented $38,000 0.0% --
09/18/2020 09/18/20 For Rent $38,000 -74.7% --
10/22/2015 10/22/15 Rented $150,000 0.0% --
10/22/2015 10/22/15 For Rent $150,000 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $97,272 $11,699,355
2024 $97,272 $8,702,603
2023 $60,533 $3,150,546 $0 $0
2022 $56,031 $2,864,133 $0 $0
2021 $42,424 $2,603,757 $2,200,000 $403,757
2020 $45,804 $2,748,111 $2,160,000 $588,111
2019 $42,942 $2,547,216 $2,100,000 $447,216
2018 $38,643 $2,435,314 $2,164,764 $270,550
2017 $34,716 $2,029,864 $1,759,971 $269,893
2016 $39,238 $2,271,384 $0 $0
2015 $39,267 $2,182,386 $0 $0
2014 $37,927 $2,080,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10991604

MIAMI REALTORS® MLS

APN: 50-43-43-22-02-000-0061

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