Another house sells on Parc Monceau

Three houses have changed hands within four months on Parc Monceau, a lake to-sea cul-de-sac of just seven homes on the South End.

The latest property to sell is No. 124, which faces the lake and, like its neighbors, was developed a half-century ago by the late builder Clarence Mack.

Two limited liability companies were involved in the transactions recorded Jan. 31 at $4.975 million of the six-bedroom house built in 1962. The first company was Greenway Financial Group LLC, an entity controlled by sellers Scott and Jayne Wilson Schroeder of Ridgeway, N.J. That company had paid a recorded $4.5 million for the quarter-acre property in 2008.

On the buyers side was a Florida LLC named after the propertys address and managed by attorney and businessman Charles D. Barnett of Palm Beach Gardens, whose name is attached to dozens of business entities in state records.

Broker Lawrence Moens of Lawrence A. Moens Associates handled both sides of the sale. He declined to comment.

Built in same Palm Beach Regency style as the other homes on the street, the renovated house has a little more than 7,000 square feet of living space, inside and out.

The company that bought the house, 124 Parc Monceau LLC, was registered with the state in August. Moens listing in the local multiple listing service shows that the house went under contract in October and had been leased prior to its sale.

Other recent sales in the neighborhood: In September, 1720 S. Ocean Blvd. an oceanfront house at the opposite end of Parc Monceau sold privately for a recorded $5.35 million in a deal that saw broker Brandon Rinker of Rinker Realty acting for both sides. He represented his grandmother, longtime Palm Beacher Ruby S. Rinker, who used a revocable trust to buy the 1959 house from Jerome and Barbara Glazer.

A month later, a trust affiliated with interior decorator Luis Lapitz sold No. 115 for $4.35 million to a Florida corporation, 145 Anchor Properties of Vero Beach Inc., which has an address in England. Brandon Rinker brought the buyer for the renovated 1960 house, and Moens had the listing.

None of the three properties that sold is adjacent.

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Another house sells on Parc Monceau