Just completed on an oversized lot, this five bedroom, 6.1 marble bath estate has ultra-high ceilings and spacious rooms throughout. A stately entry foyer, separate bar with 2 refrigerators, hardwood floors and recessed lighting throughout. Bright and light, every room has at least two walls of windows/doors. The primary suite has two luxurious bathrooms, large walk-in closets, and a generous private terrace. The kitchen has quality cabinetry and appliances and expands onto a spacious family room. The east side of the property has a wonderfully sized garden area, and the west aide has an outdoor loggia that is adjacent to the oversized pool/spa. Additionally, there is an elevator, storage, 2 laundry rooms, air-conditioned two car garage,
Property Details
Property Features
Property Information:
Year Built: 2023
Stories: 2
Living Area: 6,288 SqFt
Listing Office:
Office Name: The Corcoran Group
Office Phone: (561) 655-9081
Listing Agent: Dana L. Koch
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Dryer, Freezer, Generator Hookup, Whole Home Generator, Ice Maker, Microwave, Gas Range, Refrigerator, Washer, Electric Water Heater
Flooring Type: Marble, Wood Floor
Interior: Bar, Elevator, Fireplace(s), Foyer, Kitchen Island, Pantry, Walk-in Closet, Wet Bar
Fireplace: Fireplace(s)
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 6
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Private Pool: Yes
Waterfront: None
Exterior: Auto Sprinkler, Open Balcony, Open Patio
This property is $17.8M more than the Median Sold Price and $2.3K/SqFt more than other homes in Palm Beach, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #RX-10776884
Listing Office:
Office Name: The Corcoran Group
Office Phone: (561) 655-9081
Listing Agent: Dana L. Koch
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/19/2024, 10:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 12, 2000
Sep 12, 2000Home Sold
$1,400,000
Jul 08, 1998
Jul 08, 1998Home Sold
$663,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$55,030
$3,254,515
2019
$52,656
$2,952,762
2018
$47,220
$2,684,329
2017
$42,042
$2,440,299
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$94.8K
Per Month
Principal & Interest
$94.8K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$57K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Palm Beach Public School
239 Cocoanut Row
Distance between this listing and this school1.93 miles
Public Magnet Grades KG-5
Middle School
4
/10
Conniston Middle School
3630 Parker Ave
Distance between this listing and this school1.53 miles
Public Magnet Grades 6-8
High School
3
/10
Forest Hill Community High School
6901 Parker Ave
Distance between this listing and this school2.50 miles
Public Magnet Grades 9-12
Assigned Schools
7
/10
Palm Beach Public School
239 Cocoanut Row
Distance between this listing and this school1.93 miles
Public Magnet Grades KG-5
Nearby Schools
3
/10
Belvedere Elementary School
3000 Parker Ave
Distance between this listing and this school1.60 miles
Public District Grades KG-5
5
/10
Palmetto Elementary School
5801 Parker Ave
Distance between this listing and this school2.05 miles
Public District Grades KG-5
Assigned Schools
4
/10
Conniston Middle School
3630 Parker Ave
Distance between this listing and this school1.53 miles
Public Magnet Grades 6-8
Nearby Schools
4
/10
Renaissance Charter School At Summit
2001 Summit Blvd
Distance between this listing and this school2.32 miles
Public Charter Grades KG-8
2
/10
Palm Beach Maritime Academy
7719 S Dixie Hwy
Distance between this listing and this school2.40 miles
Public Charter Grades KG-9
Assigned Schools
3
/10
Forest Hill Community High School
6901 Parker Ave
Distance between this listing and this school2.50 miles
Public Magnet Grades 9-12
Nearby Schools
9
/10
Alexander W Dreyfoos Junior School of The Arts
501 S Sapodilla Ave
Distance between this listing and this school2.46 miles
Public Magnet Grades 9-12
7
/10
G-Star School of The Arts
2065 Prairie Rd Bldg J
Distance between this listing and this school3.78 miles
The neighbors living near this home have an average income of $332,054. Most Palm Beach, FL residents have annual incomes $200k+. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Mid-Town, Palm Beach
What type of housing is available in Mid-Town, Palm Beach?
Homeowners occupy roughly 90% of the properties in the neighborhood whereas renters occupy the remainder. In this neighborhood, around half of dwellings are large apartment buildings, while small apartment buildings and single detached homes make up most of the remaining housing stock. The median year of construction for dwellings in this area is 1963. This neighborhood also has a good variety of unit sizes; houses range from lofts to four or more bedrooms.
Is Mid-Town, Palm Beach a good place to live?
There are a lot of green spaces to enjoy in Mid-Town. Green spaces, like Municipal Beach, are especially well-spread out and there are a few of them close by for residents to relax in, which makes them easy to access. Lastly, as there are very few pedestrians, this area remains relatively quiet, although.
Are things conveniently located in Mid-Town, Palm Beach?
Getting to the closest supermarket on foot is possible for some, but not all, house buyers in Mid-Town. There are also a limited number of opportunities for those who value nearby restaurants and cafes. Furthermore, it is easy to reach a number of clothing stores on foot. With regards to education, home buyers will welcome that wherever their property is situated in this part of the town, primary schools are close by. However, Mid-Town does not contain any high schools. Locals benefit from public and private elementary schools.
What does the transportation in Mid-Town, Palm Beach look like?
Driving is a very good transportation option in Mid-Town. It is especially convenient to park. On the other hand, Mid-Town is not very transit friendly. Nevertheless, homeowners have access to a few bus lines, and most properties are near a bus stop. There aren't many pedestrians out on the streets of Mid-Town, even though carrying out daily needs is easy.
Powered by Local Logic
Frequently Asked Questions About 130 Algoma Rd
What is the listing price of this property?
The listing price of 130 Algoma Rd property is $18,995,000.
What type of property is this?
The property 130 Algoma Rd is a house located in Palm Beach, Florida, 33480.
Is this property for sale now?
Active Listing: 130 Algoma Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 130 Algoma Rd are: Palm Beach Public School: GreatSchools Rating 7/10Conniston Middle School: GreatSchools Rating 4/10Forest Hill Community High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $55,030 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 12, 2000 for $1,400,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 130 Algoma Rd has 5 bedrooms and 6 full and 1 half bathrooms.
What is the square footage of this property?
The property 130 Algoma Rd is 6,288 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 130 Algoma Rd is 2023.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 130 Algoma Rd in Palm Beach, FL and zip code 33480 in the Mid-Town neighborhood. This 6,288 square foot home was built in 2023. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since February 14, 2022 and is currently priced at $18,995,000.
While more than 3 listings in Palm Beach, FL in March 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 35 were sold below. The number of homes for sale in Palm Beach, FL increased by 5.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 143 days, the median list price was $1,113,750.
From Rocket Homes Real Estate and based on county public records data.