NOT LISTED FOR SALE

Palm Beach, FL 33480

Estimated Value: $7,008,000 - $8,000,444

4 Beds
4 Baths
2,856 Sq Ft
$2,622/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $2,745,000 $961 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $41,867/month

55 Days on Market

Highlights

  • Heated Pool
  • Marble Flooring
  • Breakfast Area or Nook
  • Palm Beach Public School Rated A-
  • Mediterranean Architecture
  • Formal Dining Room

About This Home

As of November 2020

A classic Palm Beach cottage, totally renovated in 2011 with high-end kitchen appliances and new baths. Wolf gas range with double-ovens, Sub-Zero fridge and a pleasant breakfast nook. Two upstairs bedrooms plus a large sitting room/exercise area that sits above an absolutely idyllic large screened porch. First floor study with full bath and closets that can be closed off as a downstairs bedroom. Separate dining room and inviting living room with beautiful masonry fireplace.
Guest cottage features two bedrooms, full bath and laundry room. Garage could be restored with entrance off the Clarke Street alleyway. Charming family home or great income property with a strong rental history, sited in the quiet center of the block. Close to all the walkable in-town amenities everyone loves.

Last Agent to Sell the Property

Lisa Cregan

Sotheby's Intl. Realty, Inc. License #3389810 Listed on: 09/05/2020

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Lisa Cregan

Sotheby's Intl. Realty, Inc. License #3389810 Listed on: 09/05/2020

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,440

Year Built

  • Built in 1925

Lot Details

  • 6,125 Sq Ft Lot
  • South Facing Home

Parking

  • 1 Open Parking Space

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Frame Construction

Interior Spaces

  • 2,856 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Jalousie or louvered window
  • Formal Dining Room
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Poinciana Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434322060001080

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,440

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take Royal Park Bridge from West Palm Beach. Left at 1st light on to Cocoanut Row, then 3rd right on to Seabreeze Ave. House is middle of the block on the left.
  • Year Built: 1925
  • Architectural Style: Mediterranean
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Upper Level Primary
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 2856.0
  • Stories: 2
  • Window Features: Jalousie

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Lot Features: < 1/4 Acre
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Open Parking Spaces: 1.0
  • Garage Yn: No

Utilities

  • Laundry Features: In Garage
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Beach Rights, Beach Access

Lot Info

  • Parcel #: 50434322060001080
  • Lot Size Acres: 0.14
  • Lot Size: 50.0 ft x 122.0 ft
  • Lot Size Sq Ft: 6098.4
  • Mobile Dim Units: Feet
  • Zoning: R-B(ci

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 21439.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2020
Closed on
Dec 30, 2020
Sold by
Clifford James Morgan and Clifford Emily Baxter
Bought by
Clifford James Morgan and Clifford Emily Baxter
Seller's Agent
Lisa Cregan
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Lisa Cregan
Sotheby's Intl. Realty, Inc.
List Price
$3,195,000
Sold Price
$2,745,000
Premium/Discount to List
-$450,000
-14.08%
Current Estimated Value
$7,488,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,743,481
Avg. Annual Appreciation
21.11%
Original Mortgage
$650,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 5, 2020
Closed on
Nov 19, 2020
Sold by
Mcmullen James H and Mcmullen Kathryn C
Bought by
Clifford James Morgan and Clifford Emily Baxter
Seller's Agent
Lisa Cregan
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Lisa Cregan
Sotheby's Intl. Realty, Inc.
List Price
$3,195,000
Sold Price
$2,745,000
Premium/Discount to List
-$450,000
-14.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 14, 2011
Sold by
Makk Andrew
Bought by
Mcmullen James H and Mc Mullen Kathryn Crowley

Purchase Details

Closed on
May 20, 1999
Sold by
Makk Laszlo and Makk Carolyn C
Bought by
Makk Laszlo

Purchase Details

Closed on
Apr 10, 1998
Sold by
Laszlo Makk Tr
Bought by
Makk Laszlo and Makk Carolyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 1995
Sold by
Odonnell John and Odonnell Sheila
Bought by
Makk Laszlo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.59%
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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Purchase History

Date Buyer Sale Price Title Company
Clifford James Morgan -- Accommodation
Clifford James Morgan $2,745,000 Attorney
Mcmullen James H $1,031,000 None Available
Mcmullen James H $1,031,000 None Available
Makk Laszlo -- None Available
Makk Laszlo $100 --
Makk Laszlo $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clifford James Morgan $650,000
Previous Owner Makk Laszlo $227,000
Previous Owner Makk Laszlo $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $2,745,000 -14.1% $961 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $3,195,000 0.0% $1,119 / Sq Ft
10/14/2019 10/14/19 For Rent $20,000 -9.1% --
10/14/2019 10/14/19 Rented $22,000 -- --
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 $35,767 $2,436,900 -- --
2024 $35,767 $2,368,222 -- --
2023 $34,985 $2,299,245 $0 $0
2022 $35,026 $2,232,277 $0 $0
2021 $33,118 $1,972,804 $1,610,875 $361,929
2020 $21,567 $1,280,915 $0 $0
2019 $21,520 $1,252,116 $0 $0
2018 $20,474 $1,228,769 $0 $0
2017 $20,460 $1,203,496 $0 $0
2016 $19,931 $1,178,742 $0 $0
2015 $20,602 $1,170,548 $0 $0
2014 $20,705 $1,161,258 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lisa Cregan

    Sotheby's Intl. Realty, Inc.

    (561) 659-3555

    54 Total Sales

    Lisa Cregan
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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10652420

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-22-06-000-1080

Florida Palm Beach County Palm Beach

33480

Not Listed for Sale

Detached

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