NOT LISTED FOR SALE

Estimated Value: $5,355,000 - $40,359,928

8 Beds
13 Baths
12,828 Sq Ft
$1,782/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $33,000,000 $2,572 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $163,125/month

27 Days on Market

Highlights

  • Ocean View
  • Saltwater Pool
  • 2.77 Acre Lot
  • Property has ocean access
  • Waterfront
  • Roman Tub

About This Home

As of November 2021

An incomparable mode of private beach living awaits in this all-encompassing glorious Mediterranean Revival estate by the sea. This expansive property forms one of the largest remaining estates in Delray Beach, now totaling 2.767 acres, with 308 feet of frontage across from the Atlantic Ocean. Courchene Development Corporation, Dailey Janssen Architects and Marc-Michaels Interior Designs collaborated to create the sublime beauty that is this masterful estate. Great care was taken to integrate authentic Old World elements with contemporary luxuries throughout the sophisticated interior. This residence is exquisitely finished with antiqued European oak, mahogany, Pecky cypress, limestone, coral, and Alhambra tile. The main house and guest apartment consist of more than 26,000 total sq ft An incomparable mode of private beach living awaits in this all-encompassing glorious Mediterranean Revival estate by the sea. This expansive property forms one of the largest remaining estates in Delray Beach, now totaling 2.767 acres, with 308 feet of frontage across from the Atlantic Ocean. Courchene The estate features 8 bedrooms, 9 full baths, 31⁄2 baths, 7 fireplaces, full sized elevator, bespoke kitchen with walk in fridge, , gaming room, multiple family rooms, relaxation spa, massive fitness center, 10+ car garage, numerous covered loggias, large turf field, several lush gardens, walking paths, recreational fields, and entertaining areas - all with views of the ocean, saltwater pool or gardens. Conveniently located just blocks from the famed Atlantic Ave of Delray Beach, this one-of-a-kind estate offers the privacy of a secluded compound with proximity to all the wonderful activities that are Delray Beach. Recent upgrades include: New Hurricane impact window and doors, woodwork, HVAC, landscaping, drive, gates, electrical systems, and many more other improvements. **More information available upon request**

Last Agent to Sell the Property

Jack Elkins

William Raveis Real Estate License #3226762 Listed on: 09/21/2021

Co-Listed By

Erin Hiatt

William Raveis Real Estate License #616198

Last Buyer's Agent

Cole Leavitt

CPRE Organization Inc License #3238799

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $442,046

Year Built

  • Built in 2008

Lot Details

  • 2.77 Acre Lot
  • Lot Dimensions are 305x395x300x418
  • Waterfront
  • East Facing Home
  • Sprinkler System

Parking

  • 10 Car Attached Garage
  • 10 Carport Spaces
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Ocean
  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 12,828 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Partially Furnished
  • Built-In Features
  • Fireplace
  • Plantation Shutters
  • Blinds
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Split Bedroom Floorplan
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Intercom
  • Motion Detectors

Pool

  • Saltwater Pool
  • Outdoor Shower
  • Automatic Pool Chlorinator
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • Balcony
  • Open Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434609370000092

Community Details

Overview

  • No Home Owners Association
  • Segers Add In Subdivision

Security

  • Security Guard
  • Phone Entry

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$442,046

Year Built

Built in 2008

Lot Details

2.77 Acres

Parking

10

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: OCEAN BLVD TO 418
  • Year Built: 2008
  • Architectural Style: European, Mediterranean, Other, Rustic
  • Carport Y N: Yes
  • Unit Levels: Multi/Split, Three Or More
  • New Construction: No
  • Building Stories: 3
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Built-in Features, Breakfast Area, Bathtub, Cathedral Ceiling(s), Central Vacuum, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Garden Tub/Roman Tub, Jetted Tub, Kitchen/Dining Combo, Pantry, Sitting Area in Primary, Split Bedrooms, Soaking Tub, Separate Shower
  • Furnished: Partially
  • Appliances: Cooktop, Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 10
  • Half Bathrooms: 3
  • Total Bedrooms: 8
  • Door Features: French Doors
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 12828.0
  • Stories: 3
  • Window Features: Blinds, Casement Window(s), Plantation Shutters, Storm Window(s)

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Lighting, Outdoor Kitchen, Outdoor Living Area, Outdoor Shower
  • View: Garden, Ocean, Pool
  • Fencing: Fenced
  • Lot Features: 2-3 Acres, Sprinklers Automatic, Sprinkler System
  • Pool Features: Automatic Chlorination, Heated, In Ground, Outside Bath Access, Pool Equipment, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Patio And Porch Features: Covered, Open, Patio, Balcony
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 20.0
  • Attached Garage: Yes
  • Carport Spaces: 10.0
  • Garage Spaces: 10.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Golf Cart Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Other Equipment: Intercom
  • Security: Security System Owned, Security System, Closed Circuit Camera(s), Gated Community, Motion Detectors, Phone Entry, Security Fence, Security Guard, Security Lights
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Elevator(s), Playground, Sports Fields
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434609370000092
  • Lot Size Acres: 2.77
  • Lot Size: 305x395x300x418
  • Lot Size Sq Ft: 120661.2
  • Mobile Dim Units: Feet
  • Zoning: R-1-AA

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 442046.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Nov 9, 2021
Sold by
502 N Ocean Blvd Llc
Bought by
Sanger William and Sanger Janice
Seller's Agent
Jack Elkins
William Raveis Real Estate
Buyer's Agent
Cole Leavitt
CPRE Organization Inc
List Price
$35,000,000
Sold Price
$33,000,000
Premium/Discount to List
-$2,000,000
-5.71%
Current Estimated Value
$22,857,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,142,536
Avg. Annual Appreciation
-8.24%

Purchase Details

Closed on
Jul 1, 2016
Bought by
502 N Ocean Blvd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.48%

Purchase Details

Listed on
Jul 1, 2013
Closed on
Jun 20, 2013
Sold by
Paparone Donald
Bought by
Sussman Jeff and The Opierussell Trust
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc
Buyer's Agent
Pascal Liguori
Premier Estate Properties, Inc
List Price
$4,250,000
Sold Price
$4,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.24%

Purchase Details

Listed on
Jul 1, 2013
Closed on
Jun 10, 2013
Sold by
Paparone Dawn
Bought by
Paparone Donald
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc
Buyer's Agent
Pascal Liguori
Premier Estate Properties, Inc
List Price
$4,250,000
Sold Price
$4,250,000

Purchase Details

Closed on
May 10, 2007
Sold by
Hodge Judith M and Estate Of Betty M Matthews
Bought by
Paparone Donald

Purchase Details

Closed on
May 9, 2007
Sold by
Hodge Judith M and Estate Of Betty M Matthews
Bought by
Paparone Donald

Purchase Details

Closed on
Jun 13, 2005
Sold by
Hill Jeffrey H and Bancroft Elizabeth
Bought by
Uderitz Donald S

Purchase Details

Closed on
May 17, 2005
Sold by
Fears Gary
Bought by
Uderitz Donald S

Purchase Details

Closed on
Dec 1, 2004
Sold by
Mintz Robert
Bought by
Fears Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2004
Sold by
Uderitz Donald S and Uderitz Julie
Bought by
Hill Jeffrey H and Bancroft Elizabeth

Purchase Details

Closed on
Jul 21, 2003
Sold by
Avisch Homes Llc
Bought by
Mintz Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2002
Sold by
Mallory Development Ltd
Bought by
Uderitz Donald S

Purchase Details

Closed on
Oct 5, 2000
Sold by
Fessler Lynn
Bought by
Avish Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
7.97%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 13, 1999
Sold by
Paschen Henry D and Paschen Maria T
Bought by
Mallory Dev Ltd

Purchase Details

Closed on
Jan 10, 1996
Sold by
Pr Sheldon E Prentice
Bought by
Fessler Lynn
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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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
Sanger William $33,000,000 Attorney
502 N Ocean Blvd Llc $26,375,000 --
Sussman Jeff $4,250,000 Columbia Title Services Inc
Paparone Donald -- Columbia Title Services Inc
Paparone Donald -- Attorney
Paparone Donald $3,500,000 Attorney
Uderitz Donald S $4,900,000 --
Uderitz Donald S $3,500,000 --
Fears Gary $2,950,000 Patch Reef Title Company Inc
Hill Jeffrey H $2,500,000 --
Mintz Robert $2,000,000 Palmetto Park Title Co
Uderitz Donald S $1,875,000 Meridian International Title
Avish Homes Llc $2,225,000 --
Mallory Dev Ltd $1,800,000 --
Fessler Lynn $1,050,000 --
Fessler Lynn $200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fessler Lynn --
Previous Owner Fears Gary $1,700,000
Previous Owner Mintz Robert $1,500,000
Previous Owner Fessler Lynn $1,920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2021 11/09/21 Sold $33,000,000 -5.7% $2,572 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $35,000,000 +723.5% $2,728 / Sq Ft
07/02/2013 07/02/13 Sold $4,250,000 0.0% -- View Prior Sale
07/01/2013 07/01/13 For Sale $4,250,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $544,492 $30,766,488 -- --
2024 $544,492 $29,899,405 -- --
2023 $548,734 $29,017,820 $0 $0
2022 $547,914 $28,172,641 $0 $0
2021 $441,821 $21,894,149 $13,650,000 $8,244,149
2020 $417,386 $20,501,366 $12,350,000 $8,151,366
2019 $424,211 $20,607,393 $11,700,000 $8,907,393
2018 $423,273 $21,011,051 $12,843,526 $8,167,525
2017 $417,421 $20,307,779 $12,231,930 $8,075,849
2016 $432,406 $20,484,795 $0 $0
2015 $444,294 $20,342,398 $0 $0
2014 $354,199 $15,982,731 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10746969

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-09-37-000-0092

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