NOT LISTED FOR SALE

6 La Costa Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $9,140,000 - $16,719,704

4 Beds
5.5 Baths
6,586 Sq Ft
$1,963/Sq Ft Est. Value

Last Sold October 30, 2013

Last sale price $6,750,000 $1,025 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $85,969/month

625 Days on Market

Highlights

  • Heated Pool
  • Den
  • Fireplace
  • Palm Beach Public School Rated A-
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of October 2013

Rare opportunity to buy sensational property built by developer Michael Burrows. One of the most artistic and unique houses in Palm Beach with lush tropical gardens on 3/4 acre lot. Private cul-de-sac, prestigious location, dramatic 22' beamed ceilings with over 8,764 square feet of living space.

Last Agent to Sell the Property

Anne Carmichael

Brown Harris Stevens of PB License #667093 Listed on: 01/13/2012

Brown Harris Stevens of PB

Last Buyer's Agent

Pamela Gottfried

Douglas Elliman License #0373953

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100,455

Year Built

  • Built in 1996

Lot Details

  • North Facing Home
  • Sprinkler System
  • Property is zoned Rb

Parking

  • 2 Car Attached Garage

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 6,586 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Fireplace
  • Formal Dining Room
  • Den

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Heated Pool
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • Palama Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434310280000050

Home Details

Home Type

Single Family

Est. Annual Taxes

$100,455

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Call L. A.
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Elevator, Fireplace, Pantry, Intercom
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 6586.0
  • Dining Room Type: Den
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block, Other
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Other Equipment: Intercom
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434310280000050
  • Zoning Description: Rb

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 100455.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2012
Closed on
Oct 18, 2013
Sold by
Marks Sally M
Bought by
Damai Llc
Seller's Agent
Anne Carmichael
Brown Harris Stevens of PB
Buyer's Agent
Pamela Gottfried
Douglas Elliman
List Price
$8,995,000
Sold Price
$6,750,000
Premium/Discount to List
-$2,245,000
-24.96%
Current Estimated Value
$12,929,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,179,852
Avg. Annual Appreciation
5.59%

Purchase Details

Closed on
Oct 25, 2010
Sold by
Marks Sally M
Bought by
Marks Sally M

Purchase Details

Closed on
Oct 30, 2002
Sold by
Burrows Michael C
Bought by
Marks Sally M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,525,000
Interest Rate
6.01%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 27, 1994
Sold by
Maddock Paul L
Bought by
Burrows Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
8.62%
Source: Public Records

Range of Values:

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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
Damai Llc $6,750,000 Attorney
Marks Sally M -- Attorney
Marks Sally M $5,750,000 --
Burrows Michael C $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marks Sally M $5,525,000
Previous Owner Burrows Michael C $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2013 10/30/13 Sold $6,750,000 -25.0% $1,025 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
01/13/2012 01/13/12 For Sale $8,995,000 -- $1,366 / 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 $205,770 $9,936,728 -- --
2023 $197,378 $9,033,389 $0 $0
2022 $167,768 $8,212,172 $0 $0
2021 $123,317 $7,465,611 $5,135,990 $2,329,621
2020 $141,952 $8,475,661 $6,000,700 $2,474,961
2019 $133,726 $7,811,018 $5,475,924 $2,335,094
2018 $123,317 $7,433,561 $5,309,564 $2,123,997
2017 $125,460 $7,576,145 $5,771,266 $1,804,879
2016 $116,006 $6,624,250 $0 $0
2015 $108,055 $6,022,045 $0 $0
2014 $103,243 $5,679,951 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Anne Carmichael

    Brown Harris Stevens of PB

    (561) 308-2535

    1 in this area

    12 Total Sales

    Anne Carmichael
    Section Image

  • P

    Buyer's Agent in 2013

    Pamela Gottfried

    Douglas Elliman

    (561) 371-5700

    1 in this area

    66 Total Sales

    Pamela Gottfried
    Section Image
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Map

Source: BeachesMLS

MLS Number: R3252210

BeachesMLS

APN: 50-43-43-10-28-000-0050

Florida Palm Beach County Palm Beach 33480 North End

6 La Costa Way, Palm Beach, FL

This home is located at 6 La Costa Way, Palm Beach, FL 33480 since 13 January 2012 and is currently estimated at $12,929,852, approximately $1,963 per square foot. This property was built in 1996. 6 La Costa Way is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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