NOT LISTED FOR SALE

Estimated Value: $8,136,000 - $10,924,000

5 Beds
8 Baths
4,333 Sq Ft
$2,259/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $6,400,000 $1,477 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $62,253/month

575 Days on Market

Highlights

  • Built in 2019 | Newly Remodeled
  • Private Pool
  • Central Heating and Cooling System
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • 2 Car Garage

About This Home

As of July 2020

Feel Pampered with Luxurious Styling! Magnificent new construction located close to beach club, lot size 100 X 115, elevation 6 ft. NAVD according to new standard of measure.The finest designer finishes and perfect 2 story layout define this bright with light home. Five bedrooms, six full baths plus two half baths with wide plank European white oak flooring on both levels. Smart TV IOS bathroom mirror integration, first level master, oversized elevator, gas fireplace and standby generator to power full house and pool with jandy system are among its outstanding features. The gourmet kitchen is enhanced with Sub Zero, Cove & Wolf appliances. All ceiling heights reach/exceed 10 ft. Marvin wIndows/doors. Summer kitchen,spa, pergola embellish the exterior deck surrounded by landscaped privacy

Last Agent to Sell the Property

STEPHANIE LEFES

Sotheby's Intl. Realty, Inc. License #3086165 Listed on: 03/03/2020

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates License #202740

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,035

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • 0.26 Acre Lot
  • North Facing Home

Parking

  • 2 Car Garage

Interior Spaces

  • 4,333 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • Rafalsky Mark Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434310040000570

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,035

Year Built

Built in 2019 | Newly Remodeled

Lot Details

0.26 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: across from Beach Club, north of Breakers
  • Year Built: 2019
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Interior Amenities: Dual Sinks
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Other, Wood
  • Living Area: 4333.0
  • Stories: 2

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Concrete
  • Direction Faces: North
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434310040000570
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11325.6
  • Mobile Dim Units: Feet
  • Zoning: R-B(ci

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 32034.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2020
Sold by
Ostrover Julia J and Bell Louis M
Bought by
Pearl I Llc
Current Estimated Value
$9,786,706

Purchase Details

Closed on
Dec 18, 2020
Sold by
Knapp Adrienne M
Bought by
Ostrover Julia J and Bell Louis M

Purchase Details

Listed on
Mar 3, 2020
Closed on
Jul 16, 2020
Sold by
256 Fairview Road Llc
Bought by
Knapp Adrienne M and The 256 Fairview Road Trust
Seller's Agent
STEPHANIE LEFES
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates
List Price
$6,595,000
Sold Price
$6,400,000
Premium/Discount to List
-$195,000
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%

Purchase Details

Listed on
Dec 22, 2015
Closed on
Sep 2, 2016
Sold by
Wexner Suzette W
Bought by
256 Fairviw Rd Llc
Seller's Agent
Mark Bennett
The Corcoran Group
Buyer's Agent
John Porter
Intercoastal Realty Inc
List Price
$2,695,000
Sold Price
$1,900,000
Premium/Discount to List
-$795,000
-29.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.75%

Purchase Details

Listed on
Dec 22, 2015
Closed on
Aug 31, 2016
Sold by
Wexner Suzette W
Bought by
256 Fairviw Rd Llc
Seller's Agent
Mark Bennett
The Corcoran Group
Buyer's Agent
John Porter
Intercoastal Realty Inc
List Price
$2,695,000
Sold Price
$1,900,000
Premium/Discount to List
-$795,000
-29.5%

Purchase Details

Listed on
Dec 22, 2015
Closed on
Aug 1, 2016
Bought by
256 Fairview Road Llc
Seller's Agent
Mark Bennett
The Corcoran Group
Buyer's Agent
John Porter
Intercoastal Realty Inc
List Price
$2,695,000
Sold Price
$1,900,000
Premium/Discount to List
-$795,000
-29.5%

Purchase Details

Closed on
Aug 5, 1993
Sold by
Farbro Patrick C and Decasere Robert
Bought by
Wexner Suzette W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
7.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pearl I Llc -- Attorney
Ostrover Julia J -- Attorney
Knapp Adrienne M $6,400,000 Old Palm Title Llc
256 Fairviw Rd Llc -- None Available
256 Fairviw Rd Llc -- None Available
256 Fairview Road Llc $1,900,000 --
Wexner Suzette W $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wexner Suzette W $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2020 07/16/20 Sold $6,400,000 -3.0% $1,477 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
11/19/2018 11/19/18 For Sale $6,595,000 +247.1% $1,522 / Sq Ft
08/31/2016 08/31/16 Sold $1,900,000 -29.5% $854 / Sq Ft View Prior Sale
08/01/2016 08/01/16 Pending -- -- --
12/22/2015 12/22/15 For Sale $2,695,000 -- $1,212 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $142,645 $7,574,769 -- --
2024 $142,645 $6,886,154 -- --
2023 $115,874 $6,260,140 $0 $0
2022 $104,580 $5,691,036 $0 $0
2021 $84,875 $5,173,669 $2,551,000 $2,622,669
2020 $66,978 $4,117,013 $2,268,375 $1,848,638
2019 $33,823 $2,070,000 $2,070,000 $0
2018 $28,681 $1,713,960 $1,713,960 $0
2017 $32,035 $1,868,873 $1,863,000 $5,873
2016 $6,094 $492,988 $0 $0
2015 $8,233 $489,561 $0 $0
2014 $8,271 $485,676 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10482374

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-10-04-000-0570

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