NOT LISTED FOR SALE

974 Palm Way Rd North Palm Beach, FL 33408

Estimated Value: $6,830,103 - $7,284,000

3 Beds
4.5 Baths
4,105 Sq Ft
$1,727/Sq Ft Est. Value

Last Sold December 24, 2020

Last sale price $4,175,000 $1,017 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $48,792/month

144 Days on Market

Highlights

  • Beach
  • On Golf Course
  • Gunite Pool
  • William T. Dwyer High School Rated A-
  • Gated with Attendant
  • 22,760 Sq Ft lot

About This Home

As of December 2020

Located one block from the ocean on a quiet cul-de-sac street with expansive views of the 6th & 7th fairways to the south you take full advantage of the prevailing ocean breezes from your private pool setting, patio and loggia. At over 5,200 square feet, this residence features 3 bedrooms and 4 1/2 baths plus a study situated on over one-half acre of property. Great opportunity to modify or build your own dream home!

Last Agent to Sell the Property

John J

Illustrated Properties LLC (Co License #528673 Listed on: 07/02/2020

Illustrated Properties LLC (Co

Co-Listed By

Jeff Hallas

Illustrated Properties LLC (Co License #3289356

Last Buyer's Agent

Liz Christiansen

Douglas Elliman License #3361090

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,875

Year Built

  • Built in 1978

Lot Details

  • 0.52 Acre Lot
  • On Golf Course
  • Sprinkler System
  • Property is zoned RS

HOA Fees

  • $541 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Golf Course
  • Garden
  • Pool

Home Design

  • Flat Roof Shape
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 4,105 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Ceiling Fan
  • Plantation Shutters
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Marble Flooring
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Gunite Pool
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Co-Op Membership Included
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00434133070002150

Community Details

Overview

  • Association fees include management, common areas, cable TV, security, trash
  • Old Port Village 2 Subdivision

Amenities

  • Clubhouse

Recreation

  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Putting Green

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,875

Year Built

Built in 1978

Lot Details

0

HOA Fees

$541 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Lost Tree Village is just 1/4 mile east of US-1 on Jack Nicklaus Drive/PGA Blvd. See security guard for entry. Gate access required from Listing Agent.
  • Year Built: 1978
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Garden Tub/Roman Tub, Walk-In Closet(s), Central Vacuum
  • Furnished: Negotiable
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, Other
  • Living Area: 4105.0
  • Dining Room Type: Den, Florida Room, Laundry, Storage Room
  • Stories: 1
  • Window Features: Blinds, Drapes, Plantation Shutters

Exterior Features

  • Exterior Features: Patio
  • View: Golf Course, Garden, Pool
  • Lot Features: On Golf Course, Sprinklers Automatic
  • Pool Features: Gunite, Heated, Pool, Association, Community
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete, Flat, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Gated with Guard, Security Guard
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 541.0
  • Community Features: Beach, Club Membership Available, Clubhouse, Golf, Golf Course Community, Gated, Property Manager On-Site, Pool, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Golf Course, Management, Pool, Putting Green(s), Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Security, Trash

Lot Info

  • Parcel #: 00434133070002150
  • Lot Size Sq Ft: 22760.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 29875.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Dec 28, 2020
Sold by
Stires Peter F and Donald H Stires 2004 Revocable
Bought by
Tobin Richard and Tobin Lisa
Seller's Agent
John J
Illustrated Properties LLC (Co
Buyer's Agent
Liz Christiansen
Douglas Elliman
List Price
$4,750,000
Sold Price
$4,175,000
Premium/Discount to List
-$575,000
-12.11%
Current Estimated Value
$7,089,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,914,026
Avg. Annual Appreciation
11.71%

Purchase Details

Closed on
Mar 3, 2006
Sold by
755499 Ontario Ltd
Bought by
Stires Donald H and Stires Blanche B
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
Tobin Richard $4,175,000 Attorney
Stires Donald H $3,250,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2020 12/24/20 Sold $4,175,000 -12.1% $1,017 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $4,750,000 -- $1,157 / 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 $128,000 $7,874,376 -- --
2023 $82,577 $3,779,037 $5,931,230 $954,132
2022 $63,461 $3,435,488 $0 $0
2021 $54,676 $3,123,171 $2,530,000 $593,171
2020 $30,200 $1,738,081 $0 $0
2019 $29,875 $1,699,004 $0 $0
2018 $28,384 $1,667,325 $0 $0
2017 $28,215 $1,633,031 $0 $0
2016 $28,377 $1,599,443 $0 $0
2015 $29,129 $1,588,325 $0 $0
2014 $29,215 $1,575,719 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10635612

BeachesMLS

APN: 00-43-41-33-07-000-2150