NOT LISTED FOR SALE

Estimated Value: $9,274,000

0.45 Acre
$20,608,889 Price per Acre
19,602 Sq Ft Lot

Last Sold July 08, 2020

Last sale price $1,950,000 $675 Per Sq Ft

Est. 376% increase in value since last sale

Current estimated payment $55,944/month

107 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Canal Access
  • Paved or Partially Paved Lot
  • 0.45 Acre Lot

About This Lot

As of July 2020

Situated 5 blocks south of the Southern Blvd bridge to Palm Beach, this 19,000+ sq ft lot is priced to sell. With the land recently cleared, this property is ready for a new construction home and an adjacent boat dock. Located near area beaches, restaurants, shopping, PBI airport and the stunning Flagler Drive bike trail.

Last Agent to Sell the Property

Sabra Kirkpatrick

Brown Harris Stevens of PB License #3228432 Listed on: 02/21/2020

Brown Harris Stevens of PB

Co-Listed By

Sarah Koenig

Brown Harris Stevens of PB License #3298885

Last Buyer's Agent

John Stewart

Brown Harris Stevens of PB License #671156

Brown Harris Stevens of PB

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $39,780

Lot Details

  • 0.45 Acre Lot
  • Property fronts an intracoastal waterway
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned SF7(ci

Additional Features

  • Intracoastal Views
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 74434403090000040

Community Details

Overview

  • Russlyn Extension Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$39,780

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 95 to Southern Blvd to South on Flagler Dr.
  • Special Features: VirtualTour

Exterior Features

  • View: Intercoastal
  • Lot Features: City Lot
  • Road Surface Type: Paved
  • Waterfront Features: Canal Access, Intracoastal Access
  • Waterfront: Yes

Lot Info

  • Parcel #: 74434403090000040
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.45
  • Lot Size Sq Ft: 19625.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 39780.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2017
Closed on
Sep 15, 2017
Sold by
Stachetberg Ann L and Stachetberg Holly Ann
Bought by
Atlantic Funding Ltd
Seller's Agent
WAHKUNA VEGA-FARRELL
Earl A. Hollis, Inc.
Buyer's Agent
Jeffrey Cloninger
Sotheby's International Realty, Inc.
List Price
$1,750,000
Sold Price
$1,750,000
Current Estimated Value
$9,274,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,524,000
Avg. Annual Appreciation
19.72%

Purchase Details

Closed on
Jul 23, 2003
Sold by
Stachelberg Ann L
Bought by
Stachelberg Ann L and Ann L Stachelberg Living Trust

Purchase Details

Closed on
Jan 12, 1999
Sold by
David J And Shirley Granatir Trs
Bought by
Stachelberg Peter B and Stachelberg Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 26, 1995
Sold by
Leighton Virginia W
Bought by
Granatir David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
8.35%

Purchase Details

Closed on
Apr 19, 1995
Sold by
Leighton Virginia W
Bought by
Granatir David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
8.35%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Atlantic Funding Ltd $1,750,000 Attorney
Stachelberg Ann L -- --
Stachelberg Peter B $570,000 --
Granatir David J -- --
Granatir David J $390,000 --
Granatir David J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stachelberg Peter B $100,000
Previous Owner Granatir David J $312,000
Previous Owner Granatir David J $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $1,950,000 -2.5% $675 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $1,999,000 +14.2% $692 / Sq Ft
09/15/2017 09/15/17 Sold $1,750,000 0.0% $102 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $1,750,000 -- $102 / 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 $78,399 $2,595,450 -- --
2023 $69,347 $2,359,500 $0 $0
2022 $54,271 $2,145,000 $0 $0
2021 $51,616 $2,373,500 $2,373,500 $0
2020 $44,122 $2,240,000 $2,240,000 $0
2019 $39,780 $1,920,000 $1,920,000 $0
2018 $35,888 $1,648,269 $1,569,964 $78,305
2017 $15,600 $744,595 $0 $0
2016 $15,593 $729,280 $0 $0
2015 $15,910 $724,211 $0 $0
2014 $15,934 $718,463 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10602988

BeachesMLS

APN: 74-43-44-03-09-000-0040