NOT LISTED FOR SALE

502 N Ocean Blvd Delray Beach, FL 33483

Estimated Value: $6,437,000 - $41,549,084

8 Beds
12 Baths
12,828 Sq Ft
$1,870/Sq Ft Est. Value

Last Sold July 30, 2012

Last sale price $18,500,000 $1,442 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $172,205/month

29 Days on Market

Highlights

  • Private Pool
  • Marble Flooring
  • Great Room
  • Roman Tub
  • High Ceiling
  • Den

About This Home

As of July 2012

This listing is being entered for statistical purposes only.

Last Agent to Sell the Property

Pascal Liguori

Premier Estate Properties, Inc License #3009820 Listed on: 07/01/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $250,513

Year Built

  • Built in 2008

Lot Details

  • East Facing Home
  • Property is zoned 0100

Interior Spaces

  • 12,828 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Bar
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Den

Kitchen

  • Electric Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • Segers Add In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434609370000092

Home Details

Home Type

Single Family

Est. Annual Taxes

$250,513

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A between GEorge Bush and Atlantic
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Entrance Foyer, Elevator, Fireplace, Garden Tub/Roman Tub, High Ceilings, Kitchen Island, Pantry, Split Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 9
  • Half Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 12828.0
  • Dining Room Type: Den, Family Room, Great Room
  • Stories: 3

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434609370000092
  • Zoning Description: 0100

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 250513.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2021
Sold by
502 N Ocean Blvd Llc
Bought by
Sanger William and Sanger Janice
Current Estimated Value
$23,993,042

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

Closed on
Jun 20, 2013
Sold by
Paparone Donald
Bought by
Sussman Jeff and The Opierussell Trust

Purchase Details

Closed on
Jun 10, 2013
Sold by
Paparone Dawn
Bought by
Paparone Donald

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:

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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
07/30/2012 07/30/12 Sold $18,500,000 0.0% $1,442 / Sq Ft
07/01/2012 07/01/12 For Sale $18,500,000 -- $1,442 / 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 $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

MLS Number: R3336928

BeachesMLS

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