$500,000
SOLD NOV 1, 2018
0.2 Acre
$2,500,000 Price per Acre
8,800 Sq Ft Lot

Recently Sold

$559 Per Sq Ft

17% Below List Price

102 Days on Market

About This Lot

As of February 2020

BUILDERS DREAM! GREAT PROPERTY WITH AMAZING POTENTIAL! Incredible opportunity to build on Flagler! 8,800 Sq. Ft. lot on one of the most secluded and quiet streets in the South End. Located on the southern most end of Flagler. Build a 2-story home and offer views of the intracoastal waterway and Palm Beach Island. This location offers Palm Beach living without the taxes! SUPERB LOCATION; quiet but centrally located... stroll to the intracoastal, just minutes away from downtown, Kravis, beaches, Worth Avenue, PB and antique row.

Last Agent to Sell the Property

Don Moore

Compass Florida LLC (PB) License #430340 Listed on: 06/21/2018

Compass Florida LLC (PB)

Co-Listed By

Keisha Moore

Compass Florida LLC (PB) License #3408926

Last Buyer's Agent

Don Moore

Compass Florida LLC (PB) License #430340 Listed on: 06/21/2018

Compass Florida LLC (PB)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,540

Year Built

  • 1956

Lot Details

  • 8,800 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned SF7(ci

Location

  • City Lot

Community Details

  • Lewis Shore Estates 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434415040000500

Property Details

Property Type

Land

Est. Annual Taxes

$2,540

Year Built

1956

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Forest Hill east to Flagler, go south to very end of Flagler Drive, turn east on Flalger Ct. Follow around to house.
  • Special Features: None
  • Year Built: 1956

Exterior Features

  • Lot Features: City Lot, < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Parcel #: 74434415040000500
  • Development Status: Site Plan Filed
  • Lot Size Sq Ft: 8800.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2540.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2024
Sold by
Keene Kevin C
Bought by
Usc 8009 Flagler Llc
Total Days on Market
102
Current Estimated Value
$4,014,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,952,477
Outstanding Balance
$2,921,131
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$1,133,878

Purchase Details

Closed on
May 30, 2023
Sold by
Optimum Development & Construction Llc
Bought by
Keene Kevin C

Purchase Details

Listed on
Nov 13, 2019
Closed on
Feb 24, 2020
Sold by
South Beach Heat Llc
Bought by
Optimum Dev & Opment & Construction Llc
Seller's Agent
Don Moore
Compass Florida LLC (PB)
Buyer's Agent
John Alford
The Corcoran Group
List Price
$549,900
Sold Price
$530,000
Premium/Discount to List
-$19,900
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.23%
Original Mortgage
$200,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 3, 2018
Closed on
Nov 1, 2018
Sold by
Piersall Linda Mclean
Bought by
South Beach Heat Llc
Seller's Agent
Don Moore
Compass Florida LLC (PB)
Buyer's Agent
Don Moore
Compass Florida LLC (PB)
List Price
$599,000
Sold Price
$500,000
Premium/Discount to List
-$99,000
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%

Purchase Details

Closed on
Mar 5, 1998
Sold by
Albury Margaret
Bought by
Mclean Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

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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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $530,000 All Country Title Agency Inc
Warranty Deed $500,000 Counselors Title Company Llc
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,952,477 New Conventional
Previous Owner $200,000 Future Advance Clause Open End Mortgage
Previous Owner $42,000 Stand Alone Second
Previous Owner $250,000 Unknown
Previous Owner $60,000 Credit Line Revolving
Previous Owner $125,000 Unknown
Previous Owner $29,000 New Conventional
Previous Owner $85,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2020 02/24/20 Sold $530,000 -3.6% $593 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
11/13/2019 11/13/19 For Sale $549,900 +10.0% $615 / Sq Ft
11/01/2018 11/01/18 Sold $500,000 0.0% $559 / Sq Ft
11/01/2018 11/01/18 Sold $500,000 -16.5% $457 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
10/02/2018 10/02/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $599,000 0.0% $548 / Sq Ft
06/21/2018 06/21/18 For Sale $599,000 -- $670 / 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 $15,399 $748,000 -- --
2023 $11,989 $490,050 $0 $0
2022 $10,698 $445,500 $0 $0
2021 $8,807 $405,000 $405,000 $0
2020 $7,392 $336,000 $336,000 $0
2019 $8,437 $375,930 $300,000 $75,930
2018 $2,600 $152,194 $0 $0
2017 $2,540 $149,064 $0 $0
2016 $2,524 $145,998 $0 $0
2015 $2,572 $144,983 $0 $0
2014 $2,573 $143,832 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10441778

BeachesMLS

APN: 74-43-44-15-04-000-0500