$2,425,000
SOLD DEC 28, 2012
5 Beds
5 Baths
5,882 Sq Ft
0.35 Acres

Recently Sold

$412 Per Sq Ft

139 Days on Market

Highlights

  • Pool and Spa
  • Waterfront
  • Mediterranean Architecture
  • William T. Dwyer High School Rated A-
  • Marble Flooring
  • Lanai

About This Home

As of May 2015

This well appointed exclusive estate home is situated on pristine grounds in a gated, golf and social community offering exemplary amenities and services. Enter this private estate through an arched foyer and gallery into a gracious formal living room with vaulted ceilings, stone fireplace and panoramic views overlooking the pool and golf course. Offering Impeccable details and custom upgrades throughout this 5 bedroom, 5 bath property includes a stunning first floor master suite and bath, a sun filled large gourmet kitchen with top of the line appliances, granite counter tops, and center island which opens to an inviting family room with French doors leading to the pool and loggia complete with a well equipped summer kitchen and bath. The upper level sitting area and office provides easy living for the four bedrooms with balconies. Beautiful marble, and wood flooring throughout, as well as impact glass. The mature landscaping embellishes the property. This estate is perfect for Florida living. Membership at the Ritz not mandatory.

Last Agent to Sell the Property

DIANNE WEST

The Corcoran Group License #508732 Listed on: 08/01/2012

Co-Listed By

JONATHAN MANN

The Corcoran Group License #512810

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,639

Year Built

  • Built in 2005

Lot Details

  • Waterfront
  • East Facing Home
  • Gated Home
  • Back Yard Fenced

Parking

  • 4 Car Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,882 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Sliding Windows
  • Dining Area
  • Library

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Pool and Spa
  • Outdoor Pool

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Community Details

  • Ritz Carlton Golf Club Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 30434119030000240

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,639

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 182
  • Subdivision Name: Ritz Carlton Golf Club
  • Directions: I-95 to Donald Ross, East to Bear's Club Dr, North to Ritz Entrance
  • Architectural Style: Mediterranean, Two Story
  • Garage Yn: Yes
  • Year Built: 2005
  • Location Tax Legal:Zoned: SFR
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 43638.98
  • Location Tax Legal:Tax Year2: 2011
  • General Property Description:Living Area: 5882.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: 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): 182
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Sliding: Yes
  • WaterSewer:City Water: Yes
  • Exposure:East: Yes
  • Roof:Barrel Tile: Yes
  • Security:Gate House: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Style:Mediterranean: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Electric, Microwave, Washer, Dryer
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble, W/W Carpeting
  • Interior Amenities: Ceiling Fan, Fireplace, Smoke Detectors, Pantry
  • Living Area: 5882.0
  • Window Features: Sliding, Other
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Spa
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Fence-Back Wall
  • Roof: Barrel
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Pool/Spa: Yes

Garage/Parking

  • Parking Features: 4 Car, Attached, Detached
  • Garage: Yes
  • Garage Detached: Yes
  • Garage:_four_ Car: Yes

Utilities

  • Security: Gate House, Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Mandatory HOA: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 30434119030000240
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 43638.98
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2015
Closed on
May 1, 2015
Sold by
Wright Catherine E
Bought by
Sahlman William A
Seller's Agent
Brian Coffey
One Sotheby's International Re
Buyer's Agent
Denise Long
One Sotheby's International Re
List Price
$3,450,000
Sold Price
$3,200,000
Premium/Discount to List
-$250,000
-7.25%
Current Estimated Value
$7,112,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,912,880
Avg. Annual Appreciation
8.02%
Original Mortgage
$1,750,000
Outstanding Balance
$1,305,316
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,807,564

Purchase Details

Listed on
Aug 1, 2012
Closed on
Dec 28, 2012
Sold by
Sites John C and Sites Cindy L
Bought by
Wright Catherine E
Seller's Agent
DIANNE WEST
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$2,425,000
Sold Price
$2,425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%
Original Mortgage
$1,200,000
Interest Rate
3.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 21, 2005
Sold by
Rbf Llc
Bought by
Sites John C
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,900,000 Counselors Title Company Llc
Warranty Deed $2,425,000 Attorney
Special Warranty Deed $3,152,160 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,750,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,200,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2015 05/01/15 Sold $3,200,000 -7.2% $544 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $3,450,000 +42.3% $587 / Sq Ft
12/28/2012 12/28/12 Sold $2,425,000 0.0% $412 / Sq Ft
12/18/2012 12/18/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $2,425,000 -- $412 / 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 $63,690 $2,974,671 -- --
2023 $58,978 $2,704,246 $2,000,000 $2,545,037
2022 $47,549 $2,458,405 $0 $0
2021 $41,353 $2,234,914 $768,000 $1,466,914
2020 $40,161 $2,135,987 $800,000 $1,335,987
2019 $43,891 $2,304,849 $816,000 $1,488,849
2018 $41,120 $2,221,644 $836,995 $1,384,649
2017 $42,262 $2,234,524 $836,995 $1,397,529
2016 $46,542 $2,398,066 $0 $0
2015 $44,155 $2,197,738 $0 $0
2014 $41,010 $1,997,944 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-1722

APN: 30-43-41-19-03-000-0240