NOT LISTED FOR SALE

654 Riverside Rd North Palm Beach, FL 33408

Estimated Value: $4,305,000 - $11,939,229

0.5 Acre
$14,097,486 Price per Acre
21,780 Sq Ft Lot

Last Sold May 22, 2020

Last sale price $1,675,548 $494 Per Sq Ft

Est. 321% increase in value since last sale

Current estimated payment $51,839/month

327 Days on Market

Highlights

  • Property has ocean access
  • Intracoastal View
  • Cul-De-Sac
  • Home fronts navigable water

About This Lot

As of May 2020

Fantastic opportunity to build on this half acre waterfront lot in the much sought-after Village of North Palm Beach. One of the largest waterfront lots in the Village.Expansive deep water frontage (234 ft).No fixed bridges and ocean access .Located on a quiet cul-de-sac. Intracoastal Waterway views. Wooden deck overlooks the water and landscaped yard. Near Newly Renovated North Palm Beach Country Club where you will enjoy the new 37,000 square foot clubhouse, restaurant, pool, tennis and renovated Jack Nicklaus Signature golf course. Close to major highways, shopping, fine dining, recreation and entertainment. Convenient to Palm Beach International Airport.

Last Agent to Sell the Property

Kevin Spina

The Keyes Company (PBG) License #3081899 Listed on: 05/30/2019

The Keyes Company (PBG)

Co-Listed By

Patricia Karoussos

The Keyes Company (PBG) License #3342630

Last Buyer's Agent

Paul Thomson

Waterfront Properties & Club C License #355843

Waterfront Properties & Club C

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,716

Lot Details

  • 0.5 Acre Lot
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Cul-De-Sac
  • Site Plan Filed
  • Property is zoned R1(cit

Property Views

  • Intracoastal
  • Canal

Listing and Financial Details

  • Assessor Parcel Number 68434216060090100

Community Details

Overview

  • Country Club Add To Villa Subdivision

Recreation

  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$10,716

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Prosperity Farms Road, East on Lighthouse Drive, North on Anchorage, Left on Riverside Drive
  • Special Features: VirtualTour

Exterior Features

  • View: Canal, Intercoastal
  • Lot Features: Cul-De-Sac
  • View: Yes
  • Waterfront Features: Canal Access, Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes

Lot Info

  • Parcel #: 68434216060090100
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.5
  • Lot Size: 232
  • Lot Size Sq Ft: 21861.0
  • Zoning Description: R1(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 10716.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2019
Closed on
May 20, 2020
Sold by
Glatthorn David J and The David J Glatthorn Trust
Bought by
Mcgee Baron M and Mcgee Caroline F
Seller's Agent
Kevin Spina
The Keyes Company (PBG)
Buyer's Agent
Paul Thomson
Waterfront Properties & Club C
List Price
$2,200,000
Sold Price
$1,675,548
Premium/Discount to List
-$524,452
-23.84%
Current Estimated Value
$7,048,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,373,195
Avg. Annual Appreciation
31.97%
Original Mortgage
$1,340,438
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2018
Sold by
Giatthorn David J
Bought by
Glattuorn David S and David J Glattuorn Trust

Purchase Details

Closed on
Nov 18, 2002
Sold by
Glatthorn David J and Mayer Sarah Baldwin
Bought by
Glatthorn David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.3%

Purchase Details

Closed on
Oct 31, 1996
Sold by
Arbree Joseph M and Arbree Thelma H
Bought by
Glatthorn David J and Mayer Sarah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
8.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mcgee Baron M $1,675,548 Attorney
Glattuorn David S -- Attorney
Glatthorn David J -- --
Glatthorn David J $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgee Baron M $4,200,000
Previous Owner Mcgee Baron M $1,340,438
Previous Owner Glatthorn David John $550,000
Previous Owner Glatthorn David J $587,000
Previous Owner Glatthorn David J $650,000
Previous Owner Glatthorn David J $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $1,675,548 -23.8% $494 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
05/30/2019 05/30/19 For Sale $2,200,000 -- $648 / 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 $154,924 $7,453,400 -- --
2023 $37,184 $1,476,200 $0 $0
2022 $33,056 $1,342,000 $0 $0
2021 $27,823 $1,352,016 $1,220,000 $132,016
2020 $11,386 $575,651 $0 $0
2019 $11,228 $562,709 $0 $0
2018 $10,716 $552,217 $0 $0
2017 $10,543 $540,859 $0 $0
2016 $10,546 $529,735 $0 $0
2015 $10,768 $526,053 $0 $0
2014 $10,779 $521,878 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10534586

BeachesMLS

APN: 68-43-42-16-06-009-0100