$3,850,000
SOLD MAR 10, 2016
4 Beds
4.5 Baths
4,350 Sq Ft
0.55 Acres

Recently Sold

$885 Per Sq Ft

9% Below List Price

21 Days on Market

Highlights

  • Property has ocean access
  • Home Theater
  • 23,800 Sq Ft lot
  • Property fronts an intracoastal waterway
  • Heated Pool
  • Wood Flooring

About This Home

As of December 2020

Newly renovated and meticulously cared for, this pristine 4 bedroom, 4.5 bath direct waterfront home with a boat lift and dock is now available for sale. Views for miles, the upstairs master bedroom and guest suite both personify Intracoastal living at its finest. Waking up every morning to glorious sunrises behind the Island of Palm Beach is just one of the many reasons to enjoy this peaceful and secluded estate. Over the last 4 years, the current owners painstakingly renovated this home. The now eat-in 20' x 20' kitchen was gutted to the studs incorporating dual Miele dishwashers, extra large 36'' Miele fridge and separate 36'' Miele freezer with a Wolf gas stove and Sub Zero wine cooler.

Last Agent to Sell the Property

Sabra Kirkpatrick

Brown Harris Stevens of PB License #3228432 Listed on: 01/18/2016

Brown Harris Stevens of PB

Last Buyer's Agent

STEPHEN SIMPSON

William Raveis Real Estate License #3085739

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,183

Year Built

  • Built in 1988

Lot Details

  • 0.55 Acre Lot
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Fenced
  • Property is zoned SF7

Parking

  • 4 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shake Roof
  • Wood Roof

Interior Spaces

  • 4,350 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Fireplace
  • Sliding Windows
  • Home Theater
  • Den
  • Intracoastal Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • No Fixed Bridges
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • S/D Of 10 44 43, Gov Lts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434410280080051

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,183

Year Built

Built in 1988

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Southern Blvd East to Flagler Drive, South on Flagler, home on your left
  • Year Built: 1988
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Fireplace, Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Living Area: 4350.0
  • Dining Room Type: Den, Media Room
  • Stories: 2
  • Window Features: Impact Glass, Sliding

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Intercoastal
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Brick Veneer, Frame
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Roof: Shake, Wood

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Natural Gas Available

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434410280080051
  • Lot Size Sq Ft: 23800.0
  • Zoning Description: SF7
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 33183.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Dec 3, 2020
Sold by
Raymond Bevertee Miller and Raymond Jolni J
Bought by
Gorsid John J and Gorskl Elizabeth B
Seller's Agent
STEPHEN SIMPSON
William Raveis Real Estate
Buyer's Agent
Haydee Levitt
Sotheby's Intl. Realty, Inc.
List Price
$7,250,000
Sold Price
$6,500,000
Premium/Discount to List
-$750,000
-10.34%
Current Estimated Value
$7,771,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,271,631
Avg. Annual Appreciation
4.51%
Original Mortgage
$4,800,000
Outstanding Balance
$3,613,470
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$4,371,733

Purchase Details

Listed on
Jan 18, 2016
Closed on
Mar 10, 2016
Sold by
Slocus Michael J and Slocum Elizabeth Weyerhacuser
Bought by
Miller Beverlee and Beverlee Miller Trust
Seller's Agent
Sabra Kirkpatrick
Brown Harris Stevens of PB
Buyer's Agent
STEPHEN SIMPSON
William Raveis Real Estate
List Price
$4,250,000
Sold Price
$3,850,000
Premium/Discount to List
-$400,000
-9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$1,500,000
Interest Rate
3.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 23, 2011
Sold by
Sbnh 7700 Flagler Holdings Llc
Bought by
Slocum Michael J

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
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 28, 2005
Sold by
Pulignano Vincent and Pulignano Maureen M
Bought by
7700 Flagler Drive Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,620,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 1997
Sold by
Lytal Lake H and Lytal Susan E
Bought by
Pulignano Vincent
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 Type Sale Price Title Company
Warranty Deed $6,500,000 Attorney
Warranty Deed $3,850,000 Attorney
Special Warranty Deed $1,700,000 Attorney
Warranty Deed $3,275,000 --
Warranty Deed $900,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,800,000 New Conventional
Previous Owner $1,500,000 Credit Line Revolving
Previous Owner $1,500,000 Credit Line Revolving
Previous Owner $1,500,000 Future Advance Clause Open End Mortgage
Previous Owner $4,012,500 Unknown
Previous Owner $2,620,000 Purchase Money Mortgage
Previous Owner $300,700 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $6,500,000 -10.3% $1,595 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $7,250,000 +88.3% $1,779 / Sq Ft
03/10/2016 03/10/16 Sold $3,850,000 -9.4% $885 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $4,250,000 -- $977 / 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 $125,542 $6,165,853 -- --
2023 $122,750 $5,986,265 $0 $0
2022 $121,906 $5,811,908 $0 $0
2021 $117,731 $5,400,914 $4,738,000 $662,914
2020 $59,491 $2,737,380 $0 $0
2019 $58,685 $2,675,836 $0 $0
2018 $56,124 $2,625,943 $0 $0
2017 $54,974 $2,538,073 $0 $0
2016 $32,695 $1,491,466 $0 $0
2015 $33,183 $1,473,204 $0 $0
2014 $33,236 $1,461,512 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10199724

BeachesMLS

APN: 74-43-44-10-28-008-0051