NOT LISTED FOR SALE

Estimated Value: $1,896,000 - $4,548,259

3 Beds
2.5 Baths
2,742 Sq Ft
$1,399/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $2,950,000 $1,076 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $26,081/month

119 Days on Market

Highlights

  • Property has ocean access
  • Home fronts a lagoon or estuary
  • Wood Flooring
  • Private Pool
  • Lagoon View
  • Sun or Florida Room

About This Home

As of September 2021

721 Teal Way is located within one of the finest and best protected waterways of North Palm Beach. Teal Way offers a singular opportunity to own a newly finished masterpiece, with serene water views of the lagoon and preserve. This oversized 3 bedroom 2.5 bath home features a centrally located open kitchen concept with eye catching CAFE series appliances, Hardwood Oak flooring, and quality finish work all around. This home has truly been transformed by the modern floating staircase, allowing the floor plan to flow naturally with open expansive water views from the great room. The Pool and Patio are both Newly constructed to capture the best view in town. Some say near impossible to find dockage opportunities as this, offering room for multiple large boats. Teal Way has a New Tile

Last Agent to Sell the Property

James Pavlik

Sutter & Nugent LLC License #3301117 Listed on: 05/02/2021

Sutter & Nugent LLC

Last Buyer's Agent

Karen Hao

Onyx Platinum Properties License #3368724

Onyx Platinum Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,682

Year Built

  • Built in 1999

Lot Details

  • Home fronts a lagoon or estuary
  • Fenced

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Concrete Roof

Interior Spaces

  • 2,742 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Sun or Florida Room
  • Lagoon Views
  • Impact Glass

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Village Of North Palm Subdivision
  • Community Library

Listing and Financial Details

  • Assessor Parcel Number 68434208020530210

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,682

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Prosperity farms Rd Head east on Teal Way, 721 is on your left.
  • Year Built: 1999
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Living Area: 2742.0
  • Dining Room Type: Family Room, Florida Room, Laundry
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Fence, Patio
  • View: Lagoon
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, Lagoon, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Library
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 68434208020530210
  • Zoning Description: res

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11682.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2021
Closed on
Sep 30, 2021
Sold by
Restoration Property Holdings Inc
Bought by
Frank Jennifer
Seller's Agent
James Pavlik
Sutter & Nugent LLC
Buyer's Agent
Karen Hao
Onyx Platinum Properties
List Price
$3,500,000
Sold Price
$2,950,000
Premium/Discount to List
-$550,000
-15.71%
Current Estimated Value
$3,836,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$886,315
Avg. Annual Appreciation
6.90%

Purchase Details

Listed on
Apr 10, 2020
Closed on
Jun 5, 2020
Sold by
Gershbein Sara and Gershbein Sara
Bought by
Restoration Property Holdings Inc
Seller's Agent
Eric Pruitt
RE/MAX Select Group
List Price
$1,799,888
Sold Price
$1,630,000
Premium/Discount to List
-$169,888
-9.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.28%

Purchase Details

Closed on
Apr 20, 2015
Sold by
Gershbein Nancy H and Gershbein Nancy
Bought by
Gershbein Nancy
Source: Public Records

Range of Values:

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Average Value
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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
Frank Jennifer $2,950,000 Ocean View Title & Escrow
Restoration Property Holdings Inc $1,630,000 South Fl Ttl Insurers Of Pal
Gershbein Nancy -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $2,950,000 -15.7% $1,076 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
05/02/2021 05/02/21 For Sale $3,500,000 +114.7% $1,276 / Sq Ft
06/09/2020 06/09/20 Sold $1,630,000 0.0% $594 / Sq Ft
06/09/2020 06/09/20 Sold $1,630,000 -9.4% $594 / Sq Ft
05/10/2020 05/10/20 Pending -- -- --
05/10/2020 05/10/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $1,799,888 0.0% $656 / Sq Ft
03/13/2020 03/13/20 For Sale $1,799,888 -- $656 / 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 $64,076 $3,082,283 -- --
2023 $59,183 $2,774,815 $0 $0
2022 $50,226 $2,522,559 $0 $0
2021 $27,624 $1,342,235 $976,000 $366,235
2020 $11,682 $590,281 $0 $0
2019 $11,521 $577,010 $0 $0
2018 $10,996 $566,251 $0 $0
2017 $10,818 $554,604 $0 $0
2016 $10,821 $543,197 $0 $0
2015 $11,060 $539,421 $0 $0
2014 $11,072 $535,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10712821

BeachesMLS

APN: 68-43-42-08-02-053-0210