NOT LISTED FOR SALE

581 E Woods Rd Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $7,427,000 - $8,911,516

3 Beds
5 Baths
3,292 Sq Ft
$2,489/Sq Ft Est. Value

Last Sold October 02, 2024

Last sale price $10,220,000 $3,104 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $51,430/month

113 Days on Market

Highlights

  • Gas Heated Pool
  • Traditional Architecture
  • Lanai
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of October 2024

Just completed totally renovated magnificent 3-bedroom plus library, 5-bathroom home nestled on a serene North End street. Boasting a tranquil ambiance, this residence offers a perfect blend of comfort and sophistication with spacious living areas adorned with tasteful finishes and abundant natural light. The well-appointed kitchen features modern appliances and a convenient and ample island, while the cozy library provides a quiet retreat. Exterior features include a beautiful pool and meticulously landscaped outdoor space.

Last Agent to Sell the Property

Paulette Koch

The Corcoran Group License #3068398 Listed on: 03/26/2024

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

SPENCER SCHLAGER

Douglas Elliman License #SL3429431

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $93,836

Year Built

  • Built in 1953

Lot Details

  • West Facing Home
  • Property is zoned R-B - Low Density Residential

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,292 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Library
  • Wood Flooring

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Woods Landing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434310030000250

Home Details

Home Type

Single Family

Est. Annual Taxes

$93,836

Year Built

Built in 1953

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: < 1/4 Acre
  • Subdivision Name: Woods Landing
  • Directions: North on S County Rd, head west on S Woods Rd, right on E Woods Rd.
  • Architectural Style: Traditional
  • Year Built: 1953
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 93836.0
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 3292.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): < 1/4 Acre
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Pets:Pets Allowed: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • ACHeat:Multi Zone Air: Yes
  • Exposure:West: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Freezer, Ice Maker, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Total Bedrooms: 3
  • Flooring: Hardwood, Other Flooring
  • Interior Amenities: Ceiling Fan(s), Fireplace, Other (See Remarks)
  • Living Area: 3292.0
  • Window Features: Impact Glass-Full
  • Interior Features:Other (See Remarks)3: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: No
  • Construction Type: Stucco, Block
  • Patio And Porch Features: Patio/Lanai
  • Roof: Cement Tile
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Security: Smoke Detectors, Security System
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Utilities: Cable Available, Sewer
  • Water Source: City Water

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434310030000250
  • Zoning: R-B - Low Density Residential

Tax Info

  • Tax Annual Amount: 93836.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Sep 30, 2024
Sold by
581 E Woods Rd Llc
Bought by
581 E Woods Road Trust and Ziska
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
SPENCER SCHLAGER
Douglas Elliman
List Price
$12,900,000
Sold Price
$10,220,000
Premium/Discount to List
-$2,680,000
-20.78%
Views
51
Current Estimated Value
$8,193,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,026,621
Avg. Annual Appreciation
-14.14%

Purchase Details

Listed on
Dec 15, 2021
Closed on
Dec 22, 2021
Sold by
Gwaltney Family Partners Ltd
Bought by
581 E Woods Rd Llc
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$6,111,000
Sold Price
$6,111,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.48%

Purchase Details

Closed on
Jan 29, 2001
Sold by
Johnson Grant D and Johnson Brett M
Bought by
Gwaltney Family Partners

Purchase Details

Closed on
Mar 16, 2000
Sold by
True Karen M
Bought by
Johnson Grant D and Johnson Brett M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 12, 1997
Sold by
Suder Burton and Suder Carolyn J
Bought by
True Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,200
Interest Rate
7.19%
Mortgage Type
New Conventional
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
581 E Woods Road Trust $10,220,000 Trident Title
581 E Woods Rd Llc $6,111,000 Rabideau Klein
Gwaltney Family Partners $2,025,000 --
Johnson Grant D $1,795,000 --
True Karen M $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner True Karen M $500,000
Previous Owner True Karen M $386,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2024 10/02/24 Sold $10,220,000 -15.5% $3,104 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
05/31/2024 05/31/24 Price Changed $12,100,000 -6.2% $3,676 / Sq Ft
03/26/2024 03/26/24 For Sale $12,900,000 +111.1% $3,919 / Sq Ft
12/28/2021 12/28/21 Sold $6,111,000 0.0% $1,856 / Sq Ft View Prior Sale
12/15/2021 12/15/21 Pending -- -- --
12/15/2021 12/15/21 For Sale $6,111,000 -- $1,856 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $105,570 $7,515,272 -- --
2024 $105,570 $6,516,461 -- --
2023 $93,836 $5,935,228 $0 $0
2022 $83,790 $5,395,662 $0 $0
2021 $59,930 $3,721,690 $2,287,780 $1,433,910
2020 $54,962 $3,321,788 $2,025,758 $1,296,030
2019 $51,499 $3,070,978 $1,848,600 $1,222,378
2018 $45,054 $2,753,823 $1,793,540 $960,283
2017 $44,564 $2,775,334 $1,949,499 $825,835
2016 $41,731 $2,354,168 $0 $0
2015 $39,064 $2,140,153 $0 $0
2014 $36,614 $1,945,594 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Paulette Koch

    The Corcoran Group

    (561) 227-4416

    45 in this area

    126 Total Sales

    Paulette Koch
    Section Image
  • Dana Koch

    Seller Co-Listing Agent in 2024

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    59 in this area

    202 Total Sales

    Dana Koch
    Section Image

  • S

    Buyer's Agent in 2024

    SPENCER SCHLAGER

    Douglas Elliman

    (617) 921-3969

    20 in this area

    28 Total Sales

    SPENCER SCHLAGER
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-553

APN: 50-43-43-10-03-000-0250

Florida Palm Beach County Palm Beach 33480 North End

581 E Woods Rd, Palm Beach, FL

Not Listed for Sale

Detached

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