NOT LISTED FOR SALE

Estimated Value: $2,997,000

9 Beds
8 Baths
6,900 Sq Ft
$434/Sq Ft Est. Value

Last Sold April 10, 2014

Last sale price $4,500,000 $652 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $21,328/month

About This Home

As of April 2014

Rare opportunity to have an incredible beach home and investment property in one. Gated beach community. Ultra Luxury,high end 3500SF, 3BD/3BA Penthouse on top level.Second level 2,250SF 4BD/3BA and 1st level has 2,1BD/BA 550SF residences.Panoramic bay views.Each residence has fireplaces, large patios, garage & parking for 11 cars.Please see video. Strong potential for vacation rentals.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2016
Sold by
Shaw David L and Shaw Kori B
Bought by
629 Beach Llc
Current Estimated Value
$2,997,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,698,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2015
Sold by
Shaw David L and Shaw Kori B
Bought by
Shaw David L and Shaw Kori B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,710,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2014
Closed on
Apr 29, 2014
Sold by
Shaw David and Shaw Kori
Bought by
The David & Kori Shaw Family Trust
Seller's Agent
Sally Lyng
David Lyng Real Estate
Buyer's Agent
Sally Lyng
David Lyng Real Estate
List Price
$4,995,000
Sold Price
$4,500,000
Premium/Discount to List
-$495,000
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,150,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 17, 2014
Closed on
Apr 9, 2014
Sold by
629 Beach Llc
Bought by
Shaw David and Shaw Kori
Seller's Agent
Sally Lyng
David Lyng Real Estate
Buyer's Agent
Sally Lyng
David Lyng Real Estate
List Price
$4,995,000
Sold Price
$4,500,000
Premium/Discount to List
-$495,000
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,150,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 20, 2002
Sold by
Nelson James Joseph
Bought by
629 Beach Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
629 Beach Llc -- North Amercan Ti
The David & Kori Shaw Family Trust -- First American Title Company
Shaw David $4,500,000 First American Title Company
629 Beach Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 629 Beach Llc $2,698,000
Previous Owner Shaw David L $2,710,000
Previous Owner Shaw David $3,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2014 04/10/14 Sold $4,500,000 -9.9% $652 / Sq Ft
03/26/2014 03/26/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $4,995,000 -- $724 / Sq Ft

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
2025 $64,315 $5,504,128 $4,584,730 $919,398
2023 $63,091 $5,290,395 $4,406,699 $883,696
2022 $61,809 $5,186,663 $4,320,294 $866,369
2021 $60,521 $5,084,963 $4,235,582 $849,381
2020 $59,508 $5,032,823 $4,192,151 $840,672
2019 $58,452 $4,934,140 $4,109,952 $824,188
2018 $56,873 $4,837,393 $4,029,365 $808,028
2017 $56,358 $4,742,542 $3,950,358 $792,184
2016 $54,809 $4,649,551 $3,872,900 $776,651
2015 $28,783 $2,273,398 $1,536,495 $736,903
2014 $28,314 $2,228,865 $1,506,397 $722,468
Source: Public Records

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