NOT LISTED FOR SALE

Estimated Value: $3,292,000 - $4,948,311

4 Beds
3.5 Baths
3,937 Sq Ft
$1,045/Sq Ft Est. Value

Last Sold December 10, 2019

Last sale price $2,000,000 $508 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $23,859/month

61 Days on Market

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Heated Pool
  • Property has ocean access
  • Intracoastal View
  • Deck

About This Home

As of December 2019

This lovely waterfront home is situated on an oversized lot on a very private cul-de-sac at Inlet Cay, a barrier island in the beautiful, quaint town of Ocean Ridge. This Randall Stoft designed home is perfect for the boat enthusiast as it includes 2 boat docks with 170' of deep-water access plus local beach access at Boynton Inlet less than 2 miles away. Lush landscaping adds to the home's beauty and privacy and the spectacular backyard features both a pool and fountain, further enhanced by the lovely southern exposure and view of the waterway that leads directly to open ocean waters. The home's interior boasts soaring ceilings with crown molding, tiled floors, recessed lighting, arched doorways and unique wall units in the large den. The extensive use of large windows and sliding glass doors allow the beauty of natural light to flow throughout virtually every room of this spacious home. A center island designed modern kitchen features marble countertops and plenty of workspace in addition to custom cabinetry and an abundance of storage space. All of this luxury and beauty, as well as the satisfaction of knowing that you'll be living in Ocean Ridge, one of the premier communities in Palm Beach County, is an exceptional value for the discriminating buyer seeking an upscale waterfront property.

Last Agent to Sell the Property

Steven Presson

The Corcoran Group License #3135349 Listed on: 11/06/2019

The Corcoran Group

Last Buyer's Agent

Paul Dono

Compass Florida LLC License #3263148

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,591

Year Built

  • Built in 1997

Lot Details

  • 0.44 Acre Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Cul-De-Sac
  • Northeast Facing Home

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Property Views

  • Intracoastal
  • Canal
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 3,937 Sq Ft Home
  • 1-Story Property
  • Bar
  • Vaulted Ceiling
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • Seawall
  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 46434522110000470

Community Details

Overview

  • Inlet Cay Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,591

Year Built

Built in 1997

Lot Details

0.44 Acres

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North Ocean / A1A north to west on Inlet Cay, right on Spanish River to the end of the cul-de-sac
  • Year Built: 1997
  • Architectural Style: Mediterranean
  • Unit Levels: Multi/Split, One
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Area, Cathedral Ceiling(s), Dining Area, Separate/Formal Dining Room, Entrance Foyer, Main Level Primary, Separate Shower, Vaulted Ceiling(s), Bar
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3937.0
  • Stories: 1
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Canal, Intercoastal, Pool
  • Lot Features: Cul-De-Sac, 1/4 to 1/2 Acre Lot
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Front, Navigable Water, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Northeast
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Security System Owned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community Features: Boat Facilities
  • Senior Community: No
  • Amenities: Boating, Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 46434522110000470
  • Lot Size Acres: 0.44
  • Lot Size: 172.0 ft x 112.0 ft
  • Lot Size Sq Ft: 19166.4
  • Mobile Dim Units: Feet
  • Zoning: RSF(ci

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 26591.0

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Dec 6, 2019
Sold by
Stolitzky Herbert J and Stolitzky Louise S
Bought by
Erdos Christopher
Seller's Agent
Steven Presson
The Corcoran Group
Buyer's Agent
Paul Dono
Compass Florida LLC
List Price
$2,450,000
Sold Price
$2,000,000
Premium/Discount to List
-$450,000
-18.37%
Current Estimated Value
$4,114,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,114,578
Avg. Annual Appreciation
12.19%
Original Mortgage
$1,400,000
Outstanding Balance
$1,228,796
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$2,885,782

Purchase Details

Closed on
Jun 16, 2005
Sold by
Stolitzky Louise S and Stolitzky Herbert J
Bought by
Stolitzky Herbert J and Stolitzky Louise S

Purchase Details

Closed on
Oct 16, 2000
Sold by
Nagelmann Joel B and Jewel Nagelmann B
Bought by
Stolitzky Louise S

Purchase Details

Closed on
Nov 6, 1995
Sold by
Varga Frank C and Varga Terry A
Bought by
Nagelmann Joel B and Jewel Nagelmann B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
7.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Erdos Christopher $2,000,000 None Available
Stolitzky Herbert J -- --
Stolitzky Louise S $1,570,000 --
Nagelmann Joel B $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erdos Christopher $1,400,000
Previous Owner Nagelmann Joel B $636,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2019 12/10/19 Sold $2,000,000 -18.4% $508 / Sq Ft
11/10/2019 11/10/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $2,450,000 -- $622 / 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 $29,399 $1,692,062 -- --
2024 $29,399 $1,644,375 -- --
2023 $28,745 $1,596,481 $0 $0
2022 $28,538 $1,543,185 $0 $0
2021 $28,461 $1,498,238 $0 $0
2020 $28,087 $1,477,552 $0 $0
2019 $28,166 $1,451,346 $0 $0
2018 $26,591 $1,424,285 $0 $0
2017 $26,174 $1,389,016 $0 $0
2016 $26,389 $1,360,447 $0 $0
2015 $27,009 $1,350,990 $0 $0
2014 $27,064 $1,340,268 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10558814

BeachesMLS (Greater Fort Lauderdale)

APN: 46-43-45-22-11-000-0470

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