NOT LISTED FOR SALE

Estimated Value: $1,435,000 - $2,536,095

6 Beds
5.5 Baths
8,735 Sq Ft
$209/Sq Ft Est. Value

Last Sold March 16, 2012

Last sale price $351,000 $40 Per Sq Ft

Est. 421% increase in value since last sale

Current estimated payment $11,217/month

196 Days on Market

Highlights

  • Home Theater
  • Gunite Pool
  • Canal View
  • Palm Beach Central High School Rated A-
  • Waterfront
  • Vaulted Ceiling

About This Home

As of March 2012

4.5 Acre Estate Home with custom pool and tennis courts. MUST SEE. Priced to Sell. Seller requests buyer to contact Chase Loan Officer for a mortgage pre-approval. Please contact our office for further details. 2 STORY*1ST FLOOR HAS A 3 CAR GARAGE THAT IS PARTIALLY CONVERTED TO LARGE RECREATION RM READY FOR FINISHING TOUCHES. 1ST FL HAS 2 ORIGINAL BEDRMS & UNFINISHED MASTER SUITE. ALL PLUMBING & ELECTRICAL HAS BEEN ROUGHED IN FOR THE ADDITION. ONCE COMPLETE THE 1ST FL WILL HAVE A LIVING RM, FAMILY RM W/2 WAY FIREPLACE. HUGE REC ROOM, 3 BEDRMS 3.5 BATHS, KITCHEN, LAUNDRY THE UPPER LEVEL HAS 2 MORE BEDRMS, 2 BATHS, A DEN, A 2ND LIVING RM W/ FIREPLACE & A FRONT ENCLOSED PORCH WHICH COULD BE AN IDEAL EXERCISE RM.

Last Agent to Sell the Property

Ken Best

Members Realty Group LLC License #3218175 Listed on: 08/02/2011

Last Buyer's Agent

Ken Best

Members Realty Group LLC License #3218175 Listed on: 08/02/2011

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • Waterfront
  • Fenced
  • Corner Lot
  • Sprinkler System
  • Property is zoned AR

Parking

  • 3 Car Detached Garage
  • Circular Driveway

Property Views

  • Canal
  • Garden

Home Design

  • Fixer Upper
  • Concrete Roof

Interior Spaces

  • 8,735 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Blinds
  • Arched Windows
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Sun or Florida Room
  • Intercom
  • Eat-In Kitchen

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Tub
  • Washer and Dryer Hookup

Outdoor Features

  • Gunite Pool
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Septic Tank
  • TV Antenna

Community Details

  • Palm Beach Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424327050064801

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: W ON PIONEER RD S OF SOUTHERN TO CLEARY THEN N TO WILSON RD. END OF ROAD .
  • Year Built: 1978
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Fireplace, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Marble
  • Living Area: 8735.0
  • Dining Room Type: Den, Family Room, Florida Room, Great Room, In-Law Suite, Media Room, Storage Room
  • Stories: 2
  • Window Features: Arched, Blinds, Sliding

Exterior Features

  • Exterior Features: Fence, Patio, TV Antenna
  • View: Canal, Garden
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: Gunite, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Fixer
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Detached, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Tub
  • Other Equipment: Intercom
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424327050064801
  • Lot Size: 4.5 AC
  • Zoning Description: AR

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 18500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2011
Closed on
Mar 16, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Gold Paulo
Seller's Agent
Ken Best
Members Realty Group LLC
Buyer's Agent
Ken Best
Members Realty Group LLC
List Price
$497,900
Sold Price
$351,000
Premium/Discount to List
-$146,900
-29.5%
Total Days on Market
196
Current Estimated Value
$1,827,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,476,274
Avg. Annual Appreciation
13.28%
Original Mortgage
$160,000
Interest Rate
12%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 3, 2012
Sold by
Federal Deposit Insurance Corporation
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Mar 21, 2011
Sold by
Renault Jean
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
May 10, 2007
Sold by
Wilson Road Llc
Bought by
Jean Renault

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
9%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 8, 2005
Sold by
Phillips John
Bought by
Willson Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 10, 2005
Sold by
Papillon International Ltd
Bought by
Phillips John

Purchase Details

Closed on
Sep 23, 2003
Sold by
Loukinen Ray
Bought by
Papillon International Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
12%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 1, 2003
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Loukinen Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
12%
Mortgage Type
Balloon
Source: Public Records

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Range of Values:

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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
Gold Paulo $351,000 Fidelity Natl Title Fl Inc
Jpmorgan Chase Bank Na -- None Available
Washington Mutual Bank Fa $370,100 None Available
Jean Renault $2,000,000 Empire Title & Trust
Willson Road Llc -- --
Phillips John -- Complete Title Solutions Inc
Papillon International Ltd $650,000 Flagler Title Company
Loukinen Ray $582,000 Compleat Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gold Paulo $1,985,000
Closed Gold Paulo $341,500
Closed Gold Paulo $351,037
Closed Gold Paulo $160,000
Previous Owner Jean Renault $1,500,000
Previous Owner Phillips John $950,000
Previous Owner Papillon International Ltd $400,000
Previous Owner Sreekumar Perilakalathil $499,990
Closed Papillon International Ltd $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2012 03/16/12 Sold $351,000 -29.5% $40 / Sq Ft
02/15/2012 02/15/12 Pending -- -- --
08/02/2011 08/02/11 For Sale $497,900 -- $57 / 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 $11,502 $674,949 -- --
2023 $11,236 $655,290 $0 $0
2022 $11,164 $636,204 $0 $0
2021 $11,090 $617,674 $0 $0
2020 $11,014 $609,146 $0 $0
2019 $10,949 $595,451 $0 $0
2018 $10,378 $584,348 $0 $0
2017 $10,234 $572,329 $0 $0
2016 $10,270 $560,557 $0 $0
2015 $10,509 $556,660 $0 $0
2014 $10,539 $552,242 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3215258

BeachesMLS

APN: 00-42-43-27-05-006-4801