NOT LISTED FOR SALE

Estimated Value: $1,089,000 - $1,364,000

5 Beds
3 Baths
2,104 Sq Ft
$564/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $1,050,000 $499 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,335/month

145 Days on Market

Highlights

  • Boat Ramp
  • Gunite Pool
  • Garden View
  • Golf Course Community
  • Wood Flooring
  • Tennis Courts

About This Home

As of December 2021

Impressive 4 bedroom/2 bath main house with working fireplace plus a 1 bedroom/1 bath guest house with built-ins, central A/C, full kitchen and high ceilings. Circa 1924, this gated private compound's comprehensive renovation maintains passive solar design, Pecky Cypress ceilings, Dade County pine floors, with private garden, swimming pool with fountain, and exterior artwork and furniture designed for the property. Enjoy convenience and peace of mind in this rare historic home located only a short walk on a wide avenue to unique shops, restaurants, an intracoastal park with boat access, and an easy waterside bike ride to downtown West Palm and Palm Beach Island.

Last Agent to Sell the Property

Michael Melear

Douglas Elliman License #3259144 Listed on: 06/28/2021

Douglas Elliman

Last Buyer's Agent

Morgan Shear

Compass Florida, LLC License #3480635

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,983

Year Built

  • Built in 1924

Lot Details

  • 5,950 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned SF14(c

Property Views

  • Garden
  • Pool

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,104 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • Awning
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Over 1 Space Per Unit
  • Driveway
  • On-Street Parking

Outdoor Features

  • Gunite Pool
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434309050090070

Community Details

Recreation

  • Boat Ramp
  • Boating
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Putting Green
  • Park
  • Trails

Additional Features

  • Northwood Add Subdivision
  • Community Library

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,983

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Call LA
  • Year Built: 1924
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bidet, Built-in Features, Dining Area, Separate/Formal Dining Room, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Living/Dining Room, Pantry, Separate Shower, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 2104.0
  • Dining Room Type: Family Room, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Awning(s), Fence, Patio
  • View: Garden, Pool
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Gunite, Pool, Association, Community
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Brick, Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway, On Street, Two or More Spaces

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Golf, Golf Course Community, Non-Gated, Park, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Golf Course, Library, Pool, Putting Green(s), Tennis Court(s), Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434309050090070
  • Lot Size: 50.0 ft x 119.0 ft
  • Lot Size Sq Ft: 5950.0
  • Zoning Description: SF14(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8983.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Dec 20, 2021
Sold by
Flonell N Wentz Revocable Trust
Bought by
Rex Fl 8 Llc
Seller's Agent
Michael Melear
Douglas Elliman
Buyer's Agent
Morgan Shear
Compass Florida, LLC
List Price
$1,290,000
Sold Price
$1,050,000
Premium/Discount to List
-$240,000
-18.6%
Current Estimated Value
$1,186,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,966
Avg. Annual Appreciation
3.39%

Purchase Details

Listed on
Mar 16, 2017
Closed on
Jun 16, 2017
Sold by
Garrity John E
Bought by
Wentz George R
Seller's Agent
John Garrity
Coral Shores Realty
Buyer's Agent
Frank Hinzman
The Keyes Company (PBG)
List Price
$569,000
Sold Price
$535,000
Premium/Discount to List
-$34,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.01%
Original Mortgage
$802,500
Interest Rate
3.96%

Purchase Details

Closed on
Apr 15, 2016
Sold by
Kelter Arthu and Selzer Dietlinde L
Bought by
Garrity John E

Purchase Details

Closed on
Aug 31, 2005
Sold by
Selzer Dietlinde I and Selzer Gerhard
Bought by
Selzer Gerhard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.38%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Rex Fl 8 Llc $1,050,000 Sorgini & Sorgini Pa
Wentz George R $535,000 Nexstar Title & Escrow Llc
Garrity John E $185,000 Attorney
Selzer Gerhard -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rex Fl 5 Llc $5,045,000
Previous Owner Wentz Flonell N $802,500
Previous Owner Wentz George R $802,500
Previous Owner Selzer Gerhard $420,000
Previous Owner Selzer Gerhard $45,100
Previous Owner Selzer Dietlinde $45,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2021 12/21/21 Sold $1,050,000 -18.6% $499 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $1,290,000 +141.1% $613 / Sq Ft
06/08/2017 06/08/17 Sold $535,000 -6.0% $254 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $569,000 -- $270 / Sq Ft
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 $22,416 $991,922 -- --
2023 $20,824 $901,747 $357,000 $832,468
2022 $17,664 $819,770 $0 $0
2021 $9,031 $440,478 $0 $0
2020 $8,983 $434,396 $143,000 $291,396
2019 $9,129 $437,175 $0 $0
2018 $8,629 $429,024 $133,068 $295,956
2017 $4,735 $247,905 $0 $0
2016 $1,412 $101,245 $0 $0
2015 $1,428 $100,133 $0 $0
2014 $1,427 $99,338 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10727155

BeachesMLS

APN: 74-43-43-09-05-009-0070