NOT LISTED FOR SALE

581 E Woods Rd Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $7,767,000 - $9,783,604

3 Beds
5 Baths
3,292 Sq Ft
$2,586/Sq Ft Est. Value

Sale Details

Date Sold: October 2, 2024

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

Est. 17% decrease in value since last sale

Current estimated payment $53,935 / mo

About This Home

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.

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
$8,513,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,706,599
Avg. Annual Appreciation
-10.92%

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
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
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 View Prior Sale
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

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

    42 in this area

    118 Total Sales

    Paulette Koch
    Section Image
  • Dana Koch

    Seller Co-Listing Agent in 2024

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    55 in this area

    189 Total Sales

    Dana Koch
    Section Image

  • S

    Buyer's Agent in 2024

    Spencer Schlager

    Douglas Elliman

    (617) 921-3969

    20 in this area

    29 Total Sales

    Spencer Schlager
    Section Image
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Map

Florida Palm Beach County Palm Beach 33480 North End

581 E Woods Rd, Palm Beach, FL

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