NOT LISTED FOR SALE

748 Hi Mount Rd Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $8,536,000 - $36,256,708

6 Beds
15 Baths
17,000 Sq Ft
$1,317/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $15,100,000 $888 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $145,139/month

382 Days on Market

Highlights

  • Property has ocean access
  • Property fronts an intracoastal waterway
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Community Cabanas
  • Home Theater

About This Home

As of December 2014

Location and Views like no other! Gottfried built, uniquely situated on highest point in Palm Beach. Very private, gated estate with incredible architectural details throughout; high ceilings, crown molding, wine cellar, gym, theater, marble floors throughout. Full house generator, Cabana, grill room, *deep water dock.

Last Agent to Sell the Property

Pamela Gottfried

Douglas Elliman License #0373953 Listed on: 11/01/2013

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $113,069

Year Built

  • Built in 1985 | Newly Remodeled

Lot Details

  • Property fronts an intracoastal waterway
  • Fenced
  • Property is zoned Rb

Parking

  • 10 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 17,000 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • Skylights
  • Entrance Foyer
  • Formal Dining Room
  • Home Theater
  • Atrium Room
  • Intracoastal Views
  • Attic

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated Pool
  • Automatic Pool Chlorinator

Outdoor Features

  • Property has ocean access
  • Seawall

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50434310040001250

Community Details

Recreation

  • Fitness Center
  • Community Cabanas

Additional Features

  • Rafalsky Mark Subdivision
  • Billiard Room
  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$113,069

Year Built

Built in 1985 | Newly Remodeled

Lot Details

0

Parking

10

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Royal Palm Way, Left on N County Road, Left on Ridgeview, Rt on Hi Mount.
  • Year Built: 1985
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, High Ceilings, Pantry, Skylights, Bar, Walk-In Closet(s), Atrium, Attic, Central Vacuum, Intercom
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 11
  • Half Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Carpet, Ceramic Tile, Marble, Wood
  • Living Area: 17000.0
  • Dining Room Type: Attic, Atrium, Laundry, Media Room
  • Stories: 3
  • Window Features: Skylight(s)

Exterior Features

  • Exterior Features: Fence
  • View: Intercoastal
  • Fencing: Wall
  • Pool Features: Automatic Chlorination, Heated, Other, Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: New Construction
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 10.0
  • Attached Garage: Yes
  • Garage Spaces: 10.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Other Equipment: Intercom
  • Security: Security System, Closed Circuit Camera(s), Security Guard, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Billiard Room, Cabana, Fitness Center, Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434310040001250
  • Zoning Description: Rb

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 113069.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2013
Closed on
Dec 16, 2014
Sold by
Gottfield Pamela
Bought by
Swanson Babrara J
Seller's Agent
Pamela Gottfried
Douglas Elliman
List Price
$19,950,000
Sold Price
$15,100,000
Premium/Discount to List
-$4,850,000
-24.31%
Current Estimated Value
$22,396,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,296,354
Avg. Annual Appreciation
3.83%
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
Swanson Babrara J $15,100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Robert E $6,000,000
Previous Owner Gottfried Pamela $9,200,000
Previous Owner Gottfried Pamela $8,100,000
Previous Owner Gottfried Pamela $255,000
Previous Owner Gottfried Pamela $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2014 12/19/14 Sold $15,100,000 0.0% $888 / Sq Ft
12/17/2014 12/17/14 Sold $15,100,000 0.0% $888 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
11/19/2014 11/19/14 Pending -- -- --
09/04/2014 09/04/14 For Sale $15,100,000 -24.3% $888 / Sq Ft
11/01/2013 11/01/13 For Sale $19,950,000 -- $1,174 / 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 $270,196 $18,129,277 -- --
2023 $264,746 $17,601,240 $0 $0
2022 $265,269 $17,088,583 $0 $0
2021 $269,731 $16,590,857 $0 $0
2020 $270,385 $16,361,792 $0 $0
2019 $269,908 $15,993,932 $0 $0
2018 $256,316 $15,695,713 $0 $0
2017 $256,549 $15,372,882 $0 $0
2016 $258,463 $15,056,691 $0 $0
2015 $266,949 $14,930,875 $0 $0
2014 $115,408 $6,390,393 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Pamela Gottfried

    Douglas Elliman

    (561) 371-5700

    1 in this area

    67 Total Sales

    Section Image

  • L

    Buyer's Agent in 2014

    Lawrence A Moens

    Lawrence A. Moens Associates, Inc.

    (561) 655-5510

    44 in this area

    119 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R9990303

BeachesMLS

APN: 50-43-43-10-04-000-1250

Florida Palm Beach County Palm Beach 33480 North End

748 Hi Mount Rd, Palm Beach, FL

This home is located at 748 Hi Mount Rd, Palm Beach, FL 33480 since 01 November 2013 and is currently estimated at $22,396,354, approximately $1,317 per square foot. This property was built in 1985. 748 Hi Mount Rd 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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