Darlene Luccio Jordan And Jerry Jordan Jr. Purchase Palm Beach Home From Ann And Lee Fensterstock For $15.15M

This transaction involves a single-family home located at 259 Merrian Road in Palm Beach, encompassing an area of 0.38 acres. The sale price for the property was $15,153,700, with a total square footage of 4,842. The price per square foot is recorded at $3,130.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $15,153,700
• Buyer: Darlene Luccio Jordan & Jerry Jordan Jr.
• Seller: Ann & Lee Fensterstock
• Brokers: Dana Koch, Paulette Koch & Suzanne Frisbie - The Corcoran Group
• Lender: J.P. Morgan Chase
• Original Purchase Price by Seller: $4.7M in 2013
• Loan Amount: $10M from J.P. Morgan Chase

Jerry and Darlene Luccio Jordan are noted as the buyers, while Ann and Lee Fensterstock, the sellers, are identified as a spec developer. This transaction highlights the involvement of The Corcoran Group, represented by Dana Koch, Paulette Koch, and Suzanne Frisbie in facilitating the sale.