NOT LISTED FOR SALE

Estimated Value: $7,440,000

6 Beds
5 Baths
5,504 Sq Ft
$1,352/Sq Ft Est. Value

Last Sold January 23, 2020

Last sale price $6,750,000 $1,226 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $45,785/month

309 Days on Market

Highlights

  • Property has ocean access
  • Gas Heated Pool
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Waterfront
  • Regency Architecture

About This Home

As of January 2020

An unparalleled lifestyle can be enjoyed in this gracious Gottfried Regency located on one of the most beautiful ocean blocks in Palm Beach with ocean access, close to town. A thoughtfully conceived sprawling six bedroom floor plan, it has ultra spacious rooms, high ceilings, honed marble floors, great closets, eat in kitchen, an east and west loggia, great pool area, 2 car garage and more.

Last Agent to Sell the Property

Paulette Koch

The Corcoran Group License #3068398 Listed on: 01/17/2019

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

JEAN LEMBCKE

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $136,186

Year Built

  • Built in 1983

Lot Details

  • 0.45 Acre Lot
  • Waterfront
  • Home has sun exposure from multiple directions
  • Back Yard Fenced
  • Property is zoned RB

Home Design

  • Regency Architecture
  • Tar and Gravel Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,504 Sq Ft Home
  • Wet Bar
  • Awning
  • Sliding Windows
  • Dining Room
  • Library
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Freezer
  • Ice Maker
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Bathroom In Garage
  • Garage Door Opener

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Los Incas Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314220000040

Home Details

Home Type

Single Family

Est. Annual Taxes

$136,186

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Lot Size: 161
  • Subdivision Name: Los Incas Add
  • Architectural Style: Regency
  • Garage Yn: Yes
  • Year Built: 1983
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 136186.0
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 5504.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 161
  • Pool:Heated - Gas: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Tar Gravel: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Impact Glass - Full: Yes
  • Windows:Sliding: Yes
  • General Property Description:Lot SqFt: 19602
  • WaterSewer:City Water: Yes
  • Windows:Awning: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Exposure:West: Yes
  • Style:Regency: Yes
  • Special Features: None

Interior Features

  • Appliances: Disposal, Refrigerator, Freezer, Ice Maker, Range-Gas, Oven-Double, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Marble, Tile, W/W Carpeting
  • Interior Amenities: Bidet, Cable, Smoke Detectors, Wet Bar, Pantry
  • Living Area: 5504.0
  • Window Features: Awning, Impact Glass-Full, Sliding
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Bidet: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Fresh Water, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Ocean Access-Deeded, Storm Shutters-Auto
  • Roof: Tar/Gravel
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Storm Shutters- Auto: Yes

Garage/Parking

  • Parking Features: 2 Car, Door Opener, Toilet in Garage
  • Garage:_two_ Car: Yes
  • Garage:Toilet in Garage: Yes

Utilities

  • Security: Security System
  • Heating: Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 19602.0
  • Parcel #: 50434314220000040
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 136186.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
Jan 22, 2020
Sold by
Los Incas Llc
Bought by
Tigges Peter Wilhelm and Tigges Janet Susan
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
JEAN LEMBCKE
The Corcoran Group
List Price
$6,750,000
Sold Price
$6,750,000
Total Days on Market
309
Current Estimated Value
$7,440,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$690,000
Avg. Annual Appreciation
3.51%

Purchase Details

Closed on
Feb 9, 2017
Sold by
Leary Nancy A O and Marx Claire A
Bought by
Los Incas Llc

Purchase Details

Closed on
Feb 26, 2016
Sold by
Zimmerman Harriet M
Bought by
Leary Nancy A O and Marx Claire A

Purchase Details

Closed on
Feb 24, 2014
Sold by
Zimmerman Harriet M
Bought by
Oleary Nancy A and Marx Claire A
Source: Public Records

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Range of Values:

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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
Tigges Peter Wilhelm $634,500 Attorney
Tigges Peter Wilhelm $5,710,500 Attorney
Los Incas Llc -- Attorney
Leary Nancy A O -- Attorney
Oleary Nancy A -- Attorney
Oleary Nancy A -- Attorney
Leary Nancy A O -- Attorney
Leary Nancy A O -- Attorney
Oleary Nancy A -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2020 01/23/20 Sold $6,750,000 0.0% $1,226 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $6,750,000 -- $1,226 / 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 $48,253 $6,431,726 -- --
2023 $94,024 $6,244,394 $0 $0
2022 $94,192 $6,062,518 $0 $0
2021 $94,632 $5,814,422 $0 $0
2020 $83,583 $5,011,972 $3,379,166 $1,632,806
2019 $83,861 $4,924,132 $3,285,309 $1,638,823
2018 $136,186 $8,299,801 $6,467,059 $1,832,742
2017 $45,413 $2,711,853 $0 $0
2016 $45,172 $2,656,075 $0 $0
2015 $46,715 $2,637,612 $0 $0
2014 $46,940 $2,616,679 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-273

APN: 50-43-43-14-22-000-0040