NOT LISTED FOR SALE

726 Hi Mount Rd Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $6,955,000

4 Beds
8 Baths
8,767 Sq Ft
$793/Sq Ft Est. Value

Sale Details

Date Sold: January 9, 2018

Last sale price $22,250,000 $2,538 Per Sq Ft

Current estimated payment $43,829 / mo

285 Days on Market

Highlights

  • Lake Front
  • Dock made with concrete
  • 0.82 Acre Lot
  • Palm Beach Public School Rated A-
  • Pool
  • Marble Flooring

About This Home

As of January 2018

Extraordinary elevation on the lake. An extremely gracious residence overlooking the lake at the top of Hi-Mount Road. Three levels of living space with the convenience of an elegant first floor master bedroom suite. Wonderful entertaining space both indoors and out with amazing views of the water. Includes deepwater dock.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 12/09/2016

Last Buyer's Agent

Crista Ryan

Tina Fanjul Associates, Inc. License #SL-451844

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $166,968

Year Built

  • Built in 1938

Lot Details

  • 35,719 Sq Ft Lot
  • Lake Front
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Property is zoned RB

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,767 Sq Ft Home
  • 2-Story Property
  • Single Hung Windows
  • Dining Room
  • Library
  • Utility Room
  • Home Gym
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 8 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Pool

Outdoor Features

  • Bulkhead
  • Dock made with concrete
  • Balcony
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mark Rafalsky Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434310040001271

Home Details

Home Type

Single Family

Est. Annual Taxes

$166,968

Year Built

Built in 1938

Lot Details

0.82 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.82
  • Lot Size: 151
  • Subdivision Name: Mark Rafalsky
  • Garage Yn: Yes
  • Year Built: 1938
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 166968.0
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 8767.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 151
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 35719
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Single Hung: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Exposure:West: Yes
  • Waterfront:Lakefront: Yes
  • Dock:Concrete: Yes
  • Waterfront:ICW-Across Bikepath: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble, W/W Carpeting
  • Interior Amenities: Bidet
  • Living Area: 8767.0
  • Window Features: Single Hung, Other
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Bidet: Yes
  • Appliances:Range-Gas: Yes
  • Other Rooms:Exercise Room: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Seawall/Bulkhead, ICW-Across Bikepath, Lakefront
  • Waterfront: Yes
  • Construction Type: Stucco, Block, Frame
  • Exterior Features: Balcony
  • Patio And Porch Features: Patio/Lanai
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Construction:Frame: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Garage: Yes

Utilities

  • Security: Security System
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes
  • Utilities: Cable Available, Sewer
  • Water Source: City Water

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 35719.0
  • Parcel #: 50434310040001271
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 166968.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2016
Closed on
Jan 9, 2018
Sold by
Lane Nancy Z and Lane Jeffrey B
Bought by
Irimar Ocean Properties Llc
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
Crista Ryan
Tina Fanjul Associates, Inc.
List Price
$22,250,000
Sold Price
$22,250,000
Current Estimated Value
$6,955,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,295,000
Avg. Annual Appreciation
-13.10%

Purchase Details

Closed on
May 7, 1999
Sold by
Wood James
Bought by
Lane Nancy Z
Source: Public Records
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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
Irimar Ocean Properties Llc $22,250,000 Attorney
Lane Nancy Z $5,950,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2018 01/09/18 Sold $22,250,000 0.0% $2,538 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
12/09/2016 12/09/16 For Sale $22,250,000 -- $2,538 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $634,848 $40,071,975 -- --
2024 $634,848 $36,429,068 -- --
2023 $304,582 $17,333,509 $0 $0
2022 $270,723 $15,757,735 $0 $0
2021 $232,428 $14,325,214 $14,313,040 $12,174
2020 $299,668 $18,093,281 $18,080,000 $13,281
2019 $295,240 $17,454,111 $17,440,000 $14,111
2018 $291,508 $17,799,861 $15,912,700 $1,887,161
2017 $166,327 $9,941,700 $0 $0
2016 $166,968 $9,737,218 $0 $0
2015 $172,692 $9,669,531 $0 $0
2014 $173,527 $9,592,789 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lawrence A Moens

    Lawrence A. Moens Associates, Inc.

    (561) 655-5510

    29 in this area

    81 Total Sales

    Lawrence A Moens
    Section Image

  • C

    Buyer's Agent in 2018

    Crista Ryan

    Tina Fanjul Associates, Inc.

    (561) 659-5113

    16 in this area

    35 Total Sales

    Crista Ryan
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-2691

APN: 50-43-43-10-04-000-1271

Florida Palm Beach County Palm Beach 33480 North End

726 Hi Mount Rd, Palm Beach, FL

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