NOT LISTED FOR SALE

Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $8,801,000 - $10,519,438

5 Beds
3.5 Baths
4,040 Sq Ft
$2,373/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $7,053,050 $1,746 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $57,712/month

Highlights

  • Heated Pool
  • Wood Flooring
  • High Ceiling
  • Palm Beach Public School Rated A-
  • Garden View
  • Formal Dining Room

About This Home

As of April 2021

Bermuda Estate with prime in mid-town location. 5 bedroom/5 bathroom with pool.
Beach and Lake Trail access at Wells Road

Last Agent to Sell the Property

Burt Minkoff

Douglas Elliman License #3027869 Listed on: 04/29/2021

Douglas Elliman

Last Buyer's Agent

Simon Isaacs

Simon Isaacs Real Estate LLC License #3341521

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,186

Year Built

  • Built in 1951

Lot Details

  • 0.35 Acre Lot
  • West Facing Home

Parking

  • 1 Car Garage

Property Views

  • Garden
  • Pool

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 4,040 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Fireplace
  • Formal Dining Room
  • Dishwasher
  • Washer

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Pool

  • Heated Pool
  • Outdoor Shower

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434314060000250

Community Details

Overview

  • Stotesbury Park Rev Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,186

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North Bridge, then north on North Lake Way.
  • Year Built: 1951
  • Architectural Style: Florida
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Dual Sinks, High Ceilings, Main Level Primary, Separate Shower
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Living Area: 4040.0
  • Stories: 2
  • Window Features: Skylight(s)

Exterior Features

  • Exterior Features: Outdoor Living Area, Outdoor Shower
  • View: Garden, Pool
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Heated
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale
  • Roof: Concrete, Tile

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community Features: Street Lights
  • Senior Community: No
  • Amenities: Trail(s)

Lot Info

  • Parcel #: 50434314060000250
  • Lot Size Acres: 0.35
  • Lot Size: 105.0 ft x 145.0 ft
  • Lot Size Sq Ft: 15246.0
  • Mobile Dim Units: Feet
  • Zoning: R-B(ci

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 61186.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Apr 29, 2021
Sold by
Evans Laura W and Diack James A
Bought by
Hesse Scott and Hesse Whitney
Seller's Agent
Burt Minkoff
Douglas Elliman
Buyer's Agent
Simon Isaacs
Simon Isaacs Real Estate LLC
List Price
$7,500,000
Sold Price
$7,053,050
Premium/Discount to List
-$446,950
-5.96%
Current Estimated Value
$9,586,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,533,763
Avg. Annual Appreciation
6.70%

Purchase Details

Listed on
Nov 2, 2018
Closed on
Feb 7, 2020
Sold by
Waldin Erik T
Bought by
Evans Laura W and Diack James A
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc. - Palm Beach
Buyer's Agent
BURTON MINKOFF
MCCANN COYNER CLARKE
List Price
$4,453,000
Sold Price
$4,453,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.34%
Original Mortgage
$1,750,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2005
Sold by
Waldin Thomas B
Bought by
Waldin Erik T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 10, 2000
Sold by
Berkman O T
Bought by
Waldin Thomas B

Purchase Details

Closed on
Sep 30, 1994
Sold by
Schrafft Judith W
Bought by
Berkman O T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hesse Scott $7,053,050 None Available
Evans Laura W $4,453,000 Attorney
Waldin Erik T $1,924,000 --
Waldin Thomas B $1,535,000 --
Berkman O T $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Laura W $1,750,000
Previous Owner Waldin Erik T $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Sold $7,053,050 -6.0% $1,746 / Sq Ft
04/29/2021 04/29/21 For Sale $7,500,000 +68.4% $1,856 / Sq Ft
02/07/2020 02/07/20 Sold $4,453,000 0.0% $1,078 / Sq Ft View Prior Sale
01/14/2020 01/14/20 Pending -- -- --
11/02/2018 11/02/18 For Sale $4,453,000 -- $1,078 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $96,946 $6,666,465 -- --
2024 $96,946 $6,478,586 -- --
2023 $94,933 $6,289,889 $0 $0
2022 $95,103 $6,106,688 $0 $0
2021 $62,580 $3,823,498 $0 $0
2020 $61,186 $3,639,039 $2,708,499 $930,540
2019 $63,946 $3,727,147 $2,471,634 $1,255,513
2018 $58,668 $3,527,889 $2,534,617 $993,272
2017 $42,347 $2,513,129 $0 $0
2016 $41,824 $2,461,439 $0 $0
2015 $43,252 $2,444,329 $0 $0
2014 $43,460 $2,424,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Burt Minkoff

    Seller's Agent in 2021

    Burt Minkoff

    Douglas Elliman

    (561) 512-8978

    4 in this area

    59 Total Sales

    Burt Minkoff
    Section Image
  • Simon Isaacs

    Buyer's Agent in 2021

    Simon Isaacs

    Simon Isaacs Real Estate LLC

    (561) 818-3936

    9 in this area

    125 Total Sales

    Simon Isaacs
    Section Image

  • J

    Seller's Agent in 2020

    JIM McCANN

    Premier Estate Properties, Inc. - Palm Beach

    (561) 307-1525

    22 in this area

    61 Total Sales

    JIM McCANN
    Section Image

  • B

    Buyer's Agent in 2020

    BURTON MINKOFF

    MCCANN COYNER CLARKE

See All Agents

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10712129

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-14-06-000-0250

Florida Palm Beach County Palm Beach 33480

North End

Not Listed for Sale

Detached

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