NOT LISTED FOR SALE

7 La Costa Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $4,444,000 - $41,573,568

7 Beds
8 Baths
10,636 Sq Ft
$2,163/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $31,800,000 $2,990 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $169,947/month

144 Days on Market

Highlights

  • Cabana
  • Waterfront
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • 0.83 Acre Lot
  • Regency Architecture

About This Home

As of March 2022

This home is located at 7 La Costa Way, Palm Beach, FL 33480 since 15 June 2021 and is currently estimated at $23,008,784, approximately $2,163 per square foot. This property was built in 1996. 7 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.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 06/15/2021

Last Buyer's Agent

LILLY FERREIRA

Brown Harris Stevens of Palm Beach 5225 License #3275943

Brown Harris Stevens of Palm Beach 5225

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $112,240

Year Built

  • Built in 1996

Lot Details

  • 0.83 Acre Lot
  • Waterfront
  • Home has sun exposure from multiple directions
  • Back and Front Yard Fenced
  • Property is zoned RB

Parking

  • 3 Car Attached Garage

Home Design

  • Regency Architecture
  • Tar and Gravel Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 10,636 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Library
  • Utility Room

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Partial Impact Glass

Pool

  • Cabana
  • Pool and Spa
  • Outdoor Pool

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Community Details

  • Palama Estates Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434310280000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$112,240

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.83
  • Lot Size: Irregular
  • Subdivision Name: Palama Estates
  • Architectural Style: Regency, One Story
  • Garage Yn: Yes
  • Year Built: 1996
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 112240.03
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 10636.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): Irregular
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Tar Gravel: Yes
  • WaterSewer:Sewer: Yes
  • General Property Description:Lot SqFt: 36155
  • WaterSewer:City Water: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Style:One Story: Yes
  • Windows:Impact Glass-Partial: Yes
  • Exposure:West: Yes
  • Style:Regency: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Flooring: Marble, W/W Carpeting, Other Flooring
  • Interior Amenities: Pantry
  • Living Area: 10636.0
  • Window Features: Impact Glass-Partial
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven-Double: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre
  • Pool Features: Pool, Spa
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Cabana, Fence-Back Wall, Fence-Front Wall, Storm Shutters
  • Roof: Tar/Gravel
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Storm Shutters: Yes
  • Pool/Spa: Yes
  • Exterior Features:Cabana: Yes
  • Exterior Features:Fence-Front Wall: Yes

Garage/Parking

  • Parking Features: 3 Car, Attached
  • Garage: Yes
  • Garage:_three_ Car: Yes

Utilities

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Mandatory HOA: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 36155.0
  • Parcel #: 50434310280000010
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 112240.03
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Mar 31, 2022
Sold by
Rudin Rachel
Bought by
La Costa Way Trust and Cooper
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
LILLY FERREIRA
Brown Harris Stevens of Palm Beach 5225
List Price
$31,800,000
Sold Price
$31,800,000
Total Days on Market
144
Current Estimated Value
$23,008,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,791,216
Avg. Annual Appreciation
-9.68%
Original Mortgage
$20,000,000
Outstanding Balance
$18,708,832
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$4,299,952

Purchase Details

Closed on
Apr 29, 1994
Sold by
Maddock Paul L
Bought by
Rudin Lewis and Rudin Rachel

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
7.81%
Source: Public Records

Range of Values:

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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
La Costa Way Trust $31,800,000 Sunbelt Title
Rudin Lewis $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open La Costa Way Trust $20,000,000
Previous Owner Rudin Rachel $1,000,000
Previous Owner Rudin Lewis $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $31,800,000 0.0% $2,990 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $31,800,000 -- $2,990 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $489,450 $30,293,768 -- --
2023 $415,420 $27,522,927 $17,257,725 $10,265,202
2022 $110,020 $6,996,681 $0 $0
2021 $112,006 $6,792,894 $0 $0
2020 $112,240 $6,699,107 $0 $0
2019 $112,035 $6,548,492 $0 $0
2018 $106,494 $6,426,391 $0 $0
2017 $106,541 $6,294,213 $0 $0
2016 $105,513 $6,164,753 $0 $0
2015 $109,127 $6,121,900 $0 $0
2014 $109,654 $6,073,313 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lawrence A Moens

    Lawrence A. Moens Associates, Inc.

    (561) 655-5510

    46 in this area

    124 Total Sales

    Lawrence A Moens
    Section Image

  • L

    Buyer's Agent in 2022

    LILLY FERREIRA

    Brown Harris Stevens of Palm Beach 5225

    (561) 659-6400

    8 in this area

    31 Total Sales

    LILLY FERREIRA
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-993

APN: 50-43-43-10-28-000-0010

Florida Palm Beach County Palm Beach 33480 North End

7 La Costa Way, Palm Beach, FL

This home is located at 7 La Costa Way, Palm Beach, FL 33480 since 15 June 2021 and is currently estimated at $23,008,784, approximately $2,163 per square foot. This property was built in 1996. 7 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.

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