NOT LISTED FOR SALE

Estimated Value: $7,211,000 - $11,284,575

6 Beds
8 Baths
8,016 Sq Ft
$1,154/Sq Ft Est. Value

Last Sold July 03, 2020

Last sale price $8,325,000 $1,039 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $68,372/month

250 Days on Market

Highlights

  • Property has ocean access
  • Guest House
  • Pool and Spa
  • Palm Beach Public School Rated A-
  • Wine Room
  • Garage Apartment

About This Home

As of July 2020

Stunning 6 bedroom 6.2 bathroom large north-end home on over-sized lot (18,191 sq. ft.). This spacious home was primarily designed around a beautiful courtyard complete with loggia, heated pool/spa and fireplace. Other features include 3 car AC garage, 100 KW full house Kohler generator, elevator, separate guest house, impact windows & doors.

Last Agent to Sell the Property

STEVE HALL

Compass Florida LLC License #3094127 Listed on: 10/25/2019

Last Buyer's Agent

pbb.rets.frisst

pbb.rets.RETS_OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,759

Year Built

  • Built in 2006

Lot Details

  • 0.42 Acre Lot
  • Home has North and South Exposure
  • Back and Front Yard Fenced
  • Irregular Lot
  • Sprinkler System
  • Property is zoned RB

Parking

  • 3 Car Attached Garage
  • Garage Apartment

Home Design

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

Interior Spaces

  • 8,016 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Wine Room
  • Family Room
  • Living Room
  • Dining Room
  • Library
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Brick
  • Wall to Wall Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 8 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • Fire and Smoke Detector

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio
  • Lanai

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tropic Isle Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434234030000471

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,759

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Lot Size: irregular
  • Subdivision Name: Tropic Isle
  • Directions: North on County Road to Indian Road. Turn left to property.
  • Architectural Style: Mediterranean
  • Year Built: 2006
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 90758.91
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 8016.0
  • 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
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): irregular
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 18295
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Style:Mediterranean: Yes
  • Floors:StoneBrick: Yes
  • Lot Size:Irregular Lot: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Instant Hot Water, Range-Gas, Oven-Single, Microwave, Washer, Dryer
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Stone, Brick, Hardwood, Marble, W/W Carpeting
  • Interior Amenities: Central Vacuum, Ceiling Fan(s), Elevator, Fireplace, Sound System, Storage, Wet Bar, Wine Rm/Temp-Control, Pantry
  • Living Area: 8016.0
  • Window Features: Impact Glass-Full
  • Interior Features:Storage: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes
  • Interior Features:Sound System: Yes
  • Appliances:Instant Hot Water: Yes
  • Interior Features:Wine RmTemp-Control: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF, Irregular Lot
  • Pool Features: Pool, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: No
  • Construction Type: Stucco, Block
  • Exterior Features: Balcony, Fence-Back Wall, Fence-Front Wall, Ocean Access-No Deed, Sprinkler System, Impact Windows
  • Other Structures: Guesthouse/Cottage
  • Patio And Porch Features: Patio/Lanai
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Pool/Spa: Yes
  • Exterior Features:GuesthouseCottage: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Exterior Features:Ocean Access-No Deed: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached
  • Garage: Yes
  • Other Rooms:Garage Apartment: Yes

Utilities

  • Security: Smoke Detectors, Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes
  • Utilities: Cable Available, Sewer
  • Water Source: City Water

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 18295.0
  • Parcel #: 50434234030000471
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 90758.91
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2019
Closed on
Aug 3, 2020
Sold by
Hemingway Gregg M and Hemingway Holt Kenan
Bought by
Olson John D
Seller's Agent
STEVE HALL
Compass Florida LLC
Buyer's Agent
pbb.rets.frisst
pbb.rets.RETS_OFFICE
List Price
$8,325,000
Sold Price
$8,325,000
Current Estimated Value
$10,045,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,720,895
Avg. Annual Appreciation
1.92%

Purchase Details

Listed on
Oct 26, 2015
Closed on
May 5, 2016
Sold by
Leever Daniel H and Leever Julie Ann
Bought by
Hemingway Gregg M and Hemingway Holt Kenan
Seller's Agent
SUZANNE FRISBIE
The Corcoran Group
Buyer's Agent
GREGG HEMINGWAY
KENAN HEMINGWAY INVESTMENT Corp.
List Price
$8,200,000
Sold Price
$8,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.36%
Original Mortgage
$5,928,750
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 6, 2012
Closed on
Aug 8, 2013
Sold by
Beal Bruce A
Bought by
Leever Daniel H and Leever Julie Ann
Seller's Agent
SUZANNE FRISBIE
The Corcoran Group
Buyer's Agent
SUZANNE FRISBIE
MCCANN COYNER CLARKE
List Price
$6,150,000
Sold Price
$6,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%

Purchase Details

Closed on
Mar 31, 2009
Sold by
Beal Bruce A
Bought by
Beal Bruce A and Cunningham Frances Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2006
Sold by
Beal Bruce A
Bought by
Beal Bruce A and Cunningham Francis Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,350,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 7, 2006
Sold by
Frisbie David W
Bought by
Beal Bruce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,350,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 16, 2000
Sold by
Beall Blair B
Bought by
Frisbie David W

Purchase Details

Closed on
Jun 26, 1997
Sold by
Burrows Kenneth David and Burrows Jonathan L
Bought by
Beall Blair B
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
Olson John D $7,525,000 Attorney
Hemingway Gregg M $7,905,000 Attorney
Leever Daniel H $5,310,000 Trident Title Llc
Beal Bruce A $138,400 Attorney
Beal Bruce A $138,350 Attorney
Beal Bruce A -- Attorney
Beal Bruce A $6,268,000 None Available
Frisbie David W $1,325,000 --
Beall Blair B $100 --
Beall Blair B $100 --
Beall Blair B $680,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hemingway Gregg M $5,928,750
Previous Owner Beal Bruce A $417,000
Previous Owner Beal Bruce A $2,350,000
Previous Owner Beal Bruce A $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2020 07/03/20 Sold $8,325,000 0.0% $1,039 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
10/25/2019 10/25/19 For Sale $8,325,000 +1.5% $1,039 / Sq Ft
05/06/2016 05/06/16 Sold $8,200,000 0.0% $1,106 / Sq Ft View Prior Sale
03/14/2016 03/14/16 Pending -- -- --
10/26/2015 10/26/15 For Sale $8,200,000 +33.3% $1,106 / Sq Ft
08/13/2013 08/13/13 Sold $6,150,000 0.0% $710 / Sq Ft View Prior Sale
05/06/2013 05/06/13 Pending -- -- --
12/06/2012 12/06/12 For Sale $6,150,000 -- $710 / 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
2025 $190,724 $13,138,439 -- --
2024 $190,724 $12,768,162 -- --
2023 $186,833 $12,396,274 $0 $0
2022 $187,193 $12,035,217 $0 $0
2021 $117,144 $7,131,581 $3,983,829 $3,147,752
2020 $95,701 $5,755,952 $0 $0
2019 $95,524 $5,626,542 $0 $0
2018 $90,759 $5,521,631 $0 $0
2017 $90,812 $5,408,062 $2,746,006 $2,662,056
2016 $75,773 $4,435,198 $0 $0
2015 $78,366 $4,404,367 $0 $0
2014 $78,744 $4,369,412 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-2082

APN: 50-43-42-34-03-000-0471