NOT LISTED FOR SALE

359 Seaspray Ave Palm Beach, FL 33480

Estimated Value: $6,776,000 - $8,205,712

4 Beds
3 Baths
2,346 Sq Ft
$3,187/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $2,775,000 $1,183 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $41,777/month

Highlights

  • Property has ocean access
  • Outdoor Pool
  • Lanai
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Den

About This Home

As of August 2020

Furnished 4 Bedroom, 2.5 Bathroom Home in the heart of Town available for rent from November 1 - May 31, 2021.

Last Agent to Rent the Property

Cara McClure

Douglas Elliman License #SL-3177951 Listed on: 06/23/2020

Douglas Elliman

Co-Listed By

LISA WILKINSON

Douglas Elliman License #SL-3254735

Last Renter's Agent

MORGAN ZEMBRUSKI

Compass Florida LLC License #3405575

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • North Facing Home
  • Back Yard Fenced

Interior Spaces

  • 2,346 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Living Room
  • Dining Area
  • Den

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Parking

  • 1 Car Garage
  • Open Parking

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $25,000
  • Rent includes sewer
  • Month-to-Month Lease Term
  • Assessor Parcel Number 50434322070003560

Community Details

Overview

  • Front Yard Maintenance
  • Poinciana Park Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Pool Services

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential Lease
  • Subdivision Name: Poinciana Park
  • Building Name: N/A
  • Year Built: 1926
  • Location Tax Legal:Name of Building: N/A
  • General Property Description:Living Area: 2346.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • Style:Two Story: Yes
  • Contract Information:Deposit Amount: 25000.0
  • Pets:Pets Allowed: Pets w/Restrictions
  • Laundry:Laundry in Bldg: Yes
  • Utilities Included:Sewer3: Yes
  • Services Included:Trash Removal: Yes
  • Services Included:Yard Services: Yes
  • Services Included:Pool Services: Yes
  • Lease Type:Monthly: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Electric, Oven-Single, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Interior Amenities: Fireplace
  • Living Area: 2346.0
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: No
  • Exterior Features: Fence-Back Wall, Ocean Access-Deeded, Impact Doors, Impact Windows
  • Patio And Porch Features: Patio/Lanai
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • Parking:Garage2: Yes
  • Parking:Open Parking: Yes

Utilities

  • Laundry Features: Laundry in Bldg
  • Security: No Security
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Sewer
  • Amenities: Trash Removal, Pool Services, Yard Services

Lot Info

  • Parcel #: 50434322070003560

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Jun 15, 2020
Sold by
Murray Scott C and Murray Jamie M
Bought by
Mcclure Jared M and Mcclure Cara C
Seller's Agent
J. Richard Allison
The Corcoran Group
Buyer's Agent
Cara McClure
Douglas Elliman
List Price
$3,200,000
Sold Price
$2,775,000
Premium/Discount to List
-$425,000
-13.28%
Current Estimated Value
$7,475,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,700,571
Avg. Annual Appreciation
19.06%
Original Mortgage
$1,800,000
Outstanding Balance
$1,566,231
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$5,909,340

Purchase Details

Closed on
Apr 8, 2004
Sold by
359 Seaspray Avenue Inc
Bought by
Murray Scott C and Murray Jamie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$732,000
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2002
Sold by
Graylap & Associates
Bought by
359 Seaspray Avenue Inc

Purchase Details

Closed on
Aug 16, 2001
Sold by
Tamposi Candace A
Bought by
Graylap Associates Inc

Purchase Details

Closed on
Jul 23, 1996
Sold by
Debacker Margaret
Bought by
Tamposi Candace A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mcclure Jared M $2,775,000 Attorney
Murray Scott C $915,000 --
359 Seaspray Avenue Inc -- Corporate Title Inc
Graylap Associates Inc $740,000 Corporate Title Inc
Tamposi Candace A $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclure Jared M $1,800,000
Previous Owner Murray Scott C $732,000
Previous Owner Tamposi Candace A $75,000
Previous Owner Tamposi Candace A $200,000
Closed Murray Scott C $91,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2020 08/25/20 Rented $30,000 0.0% --
07/26/2020 07/26/20 Under Contract -- -- --
06/23/2020 06/23/20 For Rent $30,000 0.0% --
06/15/2020 06/15/20 Sold $2,775,000 -13.3% $1,051 / Sq Ft View Prior Sale
05/16/2020 05/16/20 Pending -- -- --
10/01/2019 10/01/19 For Sale $3,200,000 -- $1,212 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $35,499 $2,424,313 -- --
2024 $35,499 $2,355,989 -- --
2023 $34,721 $2,287,368 $0 $0
2022 $34,763 $2,220,746 $0 $0
2021 $35,370 $2,156,064 $0 $0
2020 $19,821 $1,179,769 $0 $0
2019 $19,778 $1,153,244 $0 $0
2018 $18,816 $1,131,741 $0 $0
2017 $18,803 $1,108,463 $0 $0
2016 $18,257 $1,085,664 $0 $0
2015 $18,874 $1,078,117 $0 $0
2014 $18,966 $1,069,561 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-1069

APN: 50-43-43-22-07-000-3560