NOT LISTED FOR SALE

Estimated Value: $6,174,000 - $8,237,000

0.26 Acre
$27,996,744 Price per Acre
11,238 Sq Ft Lot

Last Sold December 10, 2012

Last sale price $660,000

Est. 1,007% increase in value since last sale

Current estimated payment $43,254/month

1 Day on Market

About This Lot

As of December 2012

SHORT SALE OPPORTUNITY TO OWN A DIRECT INTRACOASTAL LOT WITH DOCK JUST OFF PRESTIGIOUS SOUTH FLAGLER DRIVE IN WEST PALM BEACH. BUILD WITH FABULOUS WATER VIEWS AND OCEAN ACCESS.

Last Agent to Sell the Property

STEVE DAVIS

The Corcoran Group Listed on: 12/06/2012

Last Buyer's Agent

STEVE DAVIS

THE CORCORAN GROUP 2435

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,772

Lot Details

  • Property fronts an intracoastal waterway
  • West Facing Home
  • Cleared Lot
  • Property is zoned SF7

Additional Features

  • Water Views
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 74434415040000220

Community Details

Overview

  • Lewis Shore Ests Subdivision

Recreation

  • Dock has access to electricity and water
  • Dock made with wood

Property Details

Property Type

Land

Est. Annual Taxes

$12,772

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Subdivision Name: Lewis Shore Ests
  • Location Tax Legal:Zoned: SF7
  • Location Tax Legal:Taxes2: 12772.49
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Waterfront: Yes
  • General Property Description:Lot Dim (1): 75
  • Exposure:West: Yes
  • Dock:Electric at Dock: Yes
  • Dock:Wood: Yes
  • Waterfront:Intracoastal-Direct: Yes
  • Land Improvements:Electric at Site: Yes
  • Land Improvements:Electric Available: Yes
  • Land Improvements:Water Available: Yes
  • Street Type:Paved: Yes
  • WaterSewer:City Water at Site: Yes
  • WaterSewer:Sewer at Site: Yes
  • Dock:Water at Dock: Yes
  • Land Improvements:Gas Available: Yes
  • Land Improvements:Sewer Available: Yes
  • Miscellaneous:Waterview: Yes
  • Miscellaneous:Land Cleared: Yes
  • Special Features: None

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Waterfront Features: Intracoastal-Direct
  • Waterfront: Yes

Utilities

  • Utilities: Electric Available, Electric at Site, Sewer Available, Water Available, Natural Gas Available
  • Water Source: City Water at Site, Sewer at Site

Lot Info

  • Parcel #: 74434415040000220
  • Zoning: SF7

Tax Info

  • Tax Annual Amount: 12772.49
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2015
Sold by
Hulett Timothy M
Bought by
Hulett Timothy M and Hulett Elizabeth B
Current Estimated Value
$7,303,829

Purchase Details

Listed on
Dec 6, 2012
Closed on
Dec 5, 2012
Sold by
8014 Flagler Llc
Bought by
Hulett Elizabeth B and The Elizabeth B Hulett 1995 Trust
Seller's Agent
STEVE DAVIS
The Corcoran Group
Buyer's Agent
STEVE DAVIS
THE CORCORAN GROUP 2435
List Price
$660,000
Sold Price
$660,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.74%

Purchase Details

Closed on
Jul 17, 2006
Sold by
Montenegro Anthony D
Bought by
8014 Flagler Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,620,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2006
Sold by
Nemec Erin
Bought by
8014 Flagler Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,620,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2006
Sold by
Garofalo Josephine
Bought by
8014 Flagler Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,620,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2006
Sold by
Montenegro Jamie
Bought by
8014 Flagler Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,620,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2006
Sold by
Gaeta Bruce A
Bought by
8014 Flagler Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,620,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hulett Timothy M -- Attorney
Hulett Elizabeth B $660,000 Universal Land Title Llc
8014 Flagler Llc -- None Available
8014 Flagler Llc $1,800,000 None Available
8014 Flagler Llc -- None Available
8014 Flagler Llc -- None Available
8014 Flagler Llc -- None Available
8014 Flagler Llc -- None Available
8014 Flagler Llc -- None Available
8014 Flagler Llc -- None Available
8014 Flagler Llc -- None Available
8014 Flagler Llc -- None Available
8014 Flagler Llc -- None Available
8014 Flagler Llc -- None Available
8014 Flagler Llc -- None Available
8014 Flagler Llc -- None Available
8014 Flagler Llc -- None Available
8014 Flagler Llc -- None Available
8014 Flagler Llc -- None Available
8014 Flagler Llc -- None Available
8014 Flagler Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hulett Timothy M $224,000
Previous Owner 8014 Flagler Llc $1,620,000
Previous Owner 8014 Flagler Llc $1,620,000
Previous Owner 8014 Flagler Llc $1,620,000
Previous Owner 8014 Flagler Llc $1,620,000
Previous Owner 8014 Flagler Llc $1,620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2012 12/10/12 Sold $660,000 0.0% --
12/07/2012 12/07/12 Sold $660,000 0.0% --
12/07/2012 12/07/12 Pending -- -- --
12/06/2012 12/06/12 For Sale $660,000 -44.8% --
11/07/2012 11/07/12 Pending -- -- --
04/20/2010 04/20/10 For Sale $1,195,000 -- --
Source: Palm Beach Board of REALTORS®

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 $39,174 $1,943,185 -- --
2023 $38,287 $1,886,587 $0 $0
2022 $38,003 $1,831,638 $0 $0
2021 $38,035 $1,778,289 $0 $0
2020 $37,880 $1,753,737 $0 $0
2019 $37,362 $1,714,308 $0 $0
2018 $35,708 $1,682,343 $0 $0
2017 $35,433 $1,647,740 $0 $0
2016 $35,245 $1,613,849 $0 $0
2015 $13,703 $594,559 $0 $0
2014 $13,836 $594,559 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-2711

APN: 74-43-44-15-04-000-0220