NOT LISTED FOR SALE

5 Middle Rd Palm Beach, FL 33480

Estimated Value: $8,797,000 - $31,675,321

4 Beds
5 Baths
11,794 Sq Ft
$1,716/Sq Ft Est. Value

Last Sold July 03, 2014

Last sale price $12,600,000 $1,068 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $130,587/month

115 Days on Market

Highlights

  • Heated Pool and Spa
  • Waterfront
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Colonial Architecture
  • Lanai

About This Home

As of July 2014

A tastefully restored Marion Sims Wyeth manor on nearly one acre of lush tropical gardens. Several large rooms overlooking a spacious and secluded pool area with covered loggia

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 01/17/2014

Last Buyer's Agent

Cris Condon

Sotheby's International Realty, Inc. License #392210

Sotheby's International Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $126,344

Year Built

  • Built in 1935

Lot Details

  • Waterfront
  • Home has East and West Exposure
  • Back and Front Yard Fenced
  • Corner Lot
  • Sprinkler System
  • Property is zoned RA

Home Design

  • Colonial Architecture
  • Bermuda Architecture
  • Tile Roof
  • "S" Clay Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 11,794 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Double Hung Windows
  • Dining Room
  • Library
  • Storage
  • Utility Room
  • Home Gym

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Parquet
  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Pool

  • Heated Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai
  • Attached Grill

Utilities

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

Community Details

  • No Home Owners Association
  • Singer Addition Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434326030000350

Home Details

Home Type

Single Family

Est. Annual Taxes

$126,344

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 181
  • Subdivision Name: Singer Addition
  • Architectural Style: Bermuda, Colonial, Two Story
  • Garage Yn: Yes
  • Year Built: 1935
  • Location Tax Legal:Zoned: RA
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 126344.0
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Living Area: 11794.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 181
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Style:Bermuda: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Impact Glass-Partial: Yes
  • Exposure:East: Yes
  • Pool:Heated - Electric: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Roof:Clay Tile: Yes
  • Floors:StoneBrick: Yes
  • Floors:Parquet: Yes
  • Exposure:West: Yes
  • Pool:Salt Water: Yes
  • ACHeat:Units Air: Yes
  • Windows:Double Hung: Yes
  • Lot Size:Corner Lot: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Ice Maker, Range-Electric, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble, Parquet, Stone/Brick, Tile, Other Flooring
  • Interior Amenities: Cable, Ceiling Fan, Elevator, Fireplace, Sound System, Smoke Detectors, Storage, Wet Bar, Pantry
  • Living Area: 11794.0
  • Window Features: Double Hung, Impact Glass-Partial
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes
  • Other Rooms:Exercise Room: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre, Corner Lot
  • Pool Features: Pool, Salt Water, Heated - Electric, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Fence-Front Wall, Built-in Grill, Storm Shutters, Storm Shutters-Auto, Sprinkler System
  • Roof: Clay Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Storm Shutters: Yes
  • Pool/Spa: Yes
  • Exterior Features:Built-in Grill: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Exterior Features:Storm Shutters- Auto: Yes

Garage/Parking

  • Parking Features: 3 Car, Attached, Door Opener
  • Garage: Yes
  • Garage:_three_ Car: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434326030000350
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 126344.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2014
Closed on
Jun 24, 2014
Sold by
Glazer Avram and Glazer Jill
Bought by
Saunders Thomas A and Saunders Mary Jordan
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
Cris Condon
Sotheby's International Realty, Inc.
List Price
$12,600,000
Sold Price
$12,600,000
Total Days on Market
115
Current Estimated Value
$20,236,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,636,161
Avg. Annual Appreciation
4.37%

Purchase Details

Closed on
May 17, 2004
Sold by
Dolan James F
Bought by
Glazer Avram and Glazer Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,545,000
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 1997
Sold by
Haupt Enid A
Bought by
Dolan James F
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
Saunders Thomas A $12,600,000 Attorney
Glazer Avram $7,400,000 --
Dolan James F $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saunders Thomas A $15,600,000
Closed Saunders Thomas A $4,500,000
Previous Owner Glazer Avram A $7,120,000
Previous Owner Glazer Avram $2,831,030
Previous Owner Glazer Avram $4,545,000
Closed Glazer Avram $1,466,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2014 07/03/14 Sold $12,600,000 0.0% $1,068 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $12,600,000 -- $1,068 / 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 $203,907 $13,743,632 -- --
2023 $199,842 $13,343,332 $0 $0
2022 $200,306 $12,954,691 $0 $0
2021 $203,608 $12,577,370 $0 $0
2020 $205,348 $12,403,718 $0 $0
2019 $204,984 $12,124,847 $0 $0
2018 $194,687 $11,898,770 $0 $0
2017 $193,840 $11,593,435 $8,030,883 $3,562,552
2016 $191,203 $11,389,741 $0 $0
2015 $193,328 $11,018,833 $0 $0
2014 $128,960 $7,371,439 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-137

APN: 50-43-43-26-03-000-0350