NOT LISTED FOR SALE

Palm Beach, FL 33480

Estimated Value: $6,230,000 - $9,744,992

3 Beds
3.5 Baths
2,844 Sq Ft
$2,642/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $3,000,000 $1,055 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $41,840/month

47 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Formal Dining Room
  • Palm Beach Public School Rated A-
  • Mediterranean Architecture
  • 2 Car Detached Garage

About This Home

As of July 2020

In-Town Mediterranean, built in 1924, lovingly maintained through the years, and stands as an example of the rich architectural inheritance from our past. Located on one of Palm Beaches most desirable streets, this home offers 3 BR/2.5 BA in the main house and includes a separate 1 BR/ 1BA guest quarters above the 2 car garage. Main house has large open living spaces, well proportioned rooms, and lots of natural light. Includes a private beach access/direct access to bike bath and the Intracoastal.

Last Agent to Sell the Property

J. Richard Allison

The Corcoran Group License #3377328 Listed on: 05/19/2020

The Corcoran Group

Last Buyer's Agent

Christian Angle

Christian Angle Real Estate License #703536

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,152

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 50x122.5
  • North Facing Home
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Frame Construction
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,844 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Single Hung Metal Windows
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Patio

Utilities

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

Community Details

  • Poinciana Park 2Nd A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434322070004410

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,152

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 3 blocks North of Royal Palm Way
  • Year Built: 1924
  • Architectural Style: Mediterranean
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Bathtub, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Soaking Tub, Separate Shower, Upper Level Primary, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 2844.0
  • Stories: 2
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Other
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel, Concrete, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Detached, Garage

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 50434322070004410
  • Lot Size: 50X122.5
  • Mobile Dim Units: Feet
  • Zoning: RES

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 34152.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 31, 2020
Sold by
Benedickson Robert W and Benedickson Denise E
Bought by
Lipschultz Lester E and The Pbi Amalgamated Trust
Seller's Agent
J. Richard Allison
The Corcoran Group
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$3,495,000
Sold Price
$3,000,000
Premium/Discount to List
-$495,000
-14.16%
Current Estimated Value
$7,513,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,513,748
Avg. Annual Appreciation
18.20%

Purchase Details

Closed on
Apr 4, 2014
Sold by
Hohn Rainer F
Bought by
Benedickson Robert W and Benedickson Denise E

Purchase Details

Closed on
Aug 21, 2013
Sold by
Hohn Bettina
Bought by
Hohn Rainer F

Purchase Details

Closed on
Sep 7, 2006
Sold by
Hohn Rainer F and Hohn Bettina
Bought by
Hohn Rainer F and Hohn Bettina

Purchase Details

Closed on
Nov 14, 2003
Sold by
Benjamin Paige A
Bought by
Hohn Rainer F
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
Lipschultz Lester E $2,848,925 Attorney
Benedickson Robert W $1,979,000 Attorney
Hohn Rainer F -- Attorney
Hohn Rainer F -- Attorney
Hohn Rainer F $1,125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $3,000,000 -14.2% $1,055 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $3,495,000 -- $1,229 / 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 $33,861 $2,311,004 -- --
2024 $33,861 $2,245,874 -- --
2023 $33,116 $2,180,460 $0 $0
2022 $33,155 $2,116,951 $0 $0
2021 $33,735 $2,055,292 $1,449,788 $605,504
2020 $31,138 $1,865,917 $1,331,269 $534,648
2019 $34,285 $2,014,470 $1,539,000 $475,470
2018 $34,569 $2,147,278 $1,657,860 $489,418
2017 $31,266 $1,816,818 $1,507,146 $309,672
2016 $30,493 $1,745,686 $0 $0
2015 $28,698 $1,586,987 $0 $0
2014 $19,265 $1,086,031 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    J. Richard Allison

    The Corcoran Group

    (561) 655-8600

    13 Total Sales

    J. Richard Allison
    Section Image
  • Christian Angle

    Buyer's Agent in 2020

    Christian Angle

    Christian Angle Real Estate

    (561) 629-3015

    190 Total Sales

    Christian Angle
    Section Image
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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10623754

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-22-07-000-4410

Florida Palm Beach County Palm Beach

33480

Not Listed for Sale

Detached

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