NOT LISTED FOR SALE

Estimated Value: $7,432,000 - $28,766,324

6 Beds
6.5 Baths
7,156 Sq Ft
$2,529/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $22,500,000 $3,144 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $128,561/month

37 Days on Market

Highlights

  • Home Theater
  • Heated Pool
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Vaulted Ceiling
  • Great Room

About This Home

As of January 2022

A unique opportunity on the near North End of Palm Beach Island. This substantial Palm Beach residence is a turn-key, move-in ready oasis sitting on an oversized 24,400 + square foot lot. The formal entrance to this recognizable home features the historic Fatio tiled arch, which was originally derived from the iconic Stotesbury Estate, ''El Mirasol''. Steps from private beach access and with prime entry to the Lake Trail, you can bike or walk through one of the most beautiful tree-lined parts of Palm Beach Island, or conveniently drive into town in less than 1 minute. This home was recently reimagined, expanded, and completely renovated to achieve a special balance of contemporary and elegant features, thoughtfully curated with an extreme attention to detail.

Last Agent to Sell the Property

Margit Brandt

Premier Estate Properties, Inc License #3430177 Listed on: 11/24/2021

Last Buyer's Agent

Christian Angle

Christian Angle Real Estate License #703536

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $98,620

Year Built

  • Built in 1968

Lot Details

  • 0.56 Acre Lot
  • Fenced
  • Property is zoned R-B(ci

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Roof

Interior Spaces

  • 7,156 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • French Doors
  • Great Room
  • Combination Dining and Living Room
  • Home Theater
  • Den
  • Wood Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434314190000140

Community Details

Overview

  • El Mirasol Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$98,620

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Left on Royal Poinciana Way. House is on right on N County Road.
  • Year Built: 1968
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Eat-in Kitchen, French Door(s)/Atrium Door(s), Living/Dining Room, Pantry, Skylights, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Flooring: Wood
  • Living Area: 7156.0
  • Dining Room Type: Den, Great Room, Laundry, Media Room
  • Stories: 2
  • Window Features: Skylight(s)

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Historical
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Sidewalks
  • Senior Community: No
  • Amenities: Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434314190000140
  • Lot Size Sq Ft: 24455.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 98620.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Jan 31, 2022
Sold by
365 N County Trust
Bought by
365 North County Road Llc
Seller's Agent
Margit Brandt
Premier Estate Properties, Inc
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$24,900,000
Sold Price
$22,500,000
Premium/Discount to List
-$2,400,000
-9.64%
Total Days on Market
37
Current Estimated Value
$18,099,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,400,838
Avg. Annual Appreciation
-6.33%

Purchase Details

Listed on
Apr 5, 2021
Closed on
Jun 16, 2021
Sold by
Strausser Frank and Strausser Doris Lee
Bought by
David Barron F and David Cheek G
Seller's Agent
Cara McClure
Douglas Elliman
Buyer's Agent
Carole Koeppel
Sotheby's Intl. Realty, Inc.
List Price
$18,700,000
Sold Price
$18,000,000
Premium/Discount to List
-$700,000
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.50%
Original Mortgage
$10,800,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2016
Closed on
Apr 29, 2016
Sold by
Smith Sharon A and Wilt Toby S
Bought by
Strausser Frank
Seller's Agent
Ashley Copeland
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
LISA WILKINSON
Brown Harris Stevens of Palm Beach 5225
List Price
$6,100,000
Sold Price
$6,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.48%

Purchase Details

Closed on
Dec 20, 2001
Sold by
Fleming Valerie E
Bought by
Fleming Valerie E
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
365 North County Road Llc $22,500,000 Koeppel Law Group Pa
365 North County Road Llc $22,500,000 None Listed On Document
365 N County Trust -- Koeppel Law Group Pa
David Barron F $18,000,000 Attorney
Strausser Frank $6,100,000 Attorney
Fleming Valerie E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner David Barron F $10,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $22,500,000 -9.6% $3,144 / Sq Ft
01/01/2022 01/01/22 Pending -- -- --
11/24/2021 11/24/21 For Sale $24,900,000 +38.3% $3,480 / Sq Ft
06/16/2021 06/16/21 Sold $18,000,000 -3.7% $3,071 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $18,700,000 +206.6% $3,191 / Sq Ft
04/29/2016 04/29/16 Sold $6,100,000 0.0% $1,184 / Sq Ft
03/29/2016 03/29/16 For Sale $6,100,000 -- $1,184 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
Source: BeachesMLS

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 $323,545 $20,999,878 -- --
2023 $287,471 $19,090,798 $11,565,225 $7,525,573
2022 $249,870 $16,069,985 $0 $0
2021 $98,620 $6,060,227 $0 $0
2020 $98,844 $5,976,555 $0 $0
2019 $98,662 $5,842,185 $4,414,005 $1,428,180
2018 $97,966 $5,994,488 $0 $0
2017 $97,878 $5,861,673 $4,991,400 $870,273
2016 $22,970 $1,365,300 $0 $0
2015 $23,751 $1,355,809 $0 $0
2014 $23,865 $1,345,049 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10760948

BeachesMLS

APN: 50-43-43-14-19-000-0140