$6,786,250
SOLD APR 10, 2018
5 Beds
6 Baths
4,420 Sq Ft
0.37 Acres

Recently Sold

$1,535 Per Sq Ft

36 Days on Market

Highlights

  • Pool and Spa
  • Waterfront
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Lanai

About This Home

As of June 2025

Gorgeous 5BR/6.2BA Ocean Block Mediterranean. Premier location on large Wells Road lot, just one house in from the beach. Beautifully updated with fantastic indoor and outdoor living spaces that are perfect for entertaining. Spacious backyard features loggias, pool, and spa. Second story master suite with dual closets and baths opens onto large balcony. Gourmet eat-in kitchen, 2 car garage, and library with wet bar.

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 01/09/2018

Last Buyer's Agent

CHRISTIAN ANGLE

Earl A. Hollis, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100,183

Year Built

  • Built in 1986

Lot Details

  • Waterfront
  • Property is zoned R-B - Low Density Residential, R-B - Low Density

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,420 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Fireplace
  • Dining Room
  • Library
  • Utility Room
  • Impact Glass

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Pool and Spa
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Adams Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314080000053

Home Details

Home Type

Single Family

Est. Annual Taxes

$100,183

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: Irregular
  • Subdivision Name: Adams Addition
  • Architectural Style: Mediterranean, Two Story
  • Garage Yn: Yes
  • Year Built: 1986
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 100183.05
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 4420.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): Irregular
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Impact Glass: Yes
  • Roof:Barrel Tile: Yes
  • Style:Mediterranean: Yes
  • Floors:StoneBrick: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Instant Hot Water, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble, Stone/Brick
  • Interior Amenities: Fireplace, Wet Bar
  • Living Area: 4420.0
  • Window Features: Impact Glass
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Instant Hot Water: Yes

Exterior Features

  • Pool Features: Pool, Spa
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Pool/Spa: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached
  • Garage: Yes
  • Garage:_two_ Car: Yes

Utilities

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434314080000053
  • Zoning: R-B - Low Density

Tax Info

  • Tax Annual Amount: 100183.05
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2018
Closed on
Apr 5, 2018
Sold by
Zaro Jerold L and H Franklin Land Trust
Bought by
Knop John Richard and Beluchie Leslee Helene
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
CHRISTIAN ANGLE
Earl A. Hollis, Inc.
List Price
$6,786,250
Sold Price
$6,786,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$5,000,000
Outstanding Balance
$4,341,839
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$6,631,707

Purchase Details

Listed on
Sep 8, 2015
Closed on
Jul 1, 2016
Bought by
H Franklin Land Trust
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$7,500,000
Sold Price
$7,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.71%

Purchase Details

Closed on
Mar 28, 2013
Sold by
110 Wells Road Llc
Bought by
Pappas James A

Purchase Details

Closed on
Dec 11, 2008
Sold by
Leibovit Joanne N
Bought by
110 Wells Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,137,500
Interest Rate
6.38%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Trustee Deed $6,786,250 Attorney
Deed $7,500,000 --
Warranty Deed $6,687,500 Attorney
Warranty Deed $4,607,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,000,000 New Conventional
Previous Owner $227,500 Unknown
Previous Owner $1,137,500 Unknown
Previous Owner $8,000,000 Purchase Money Mortgage
Previous Owner $120,000 No Value Available
Previous Owner $250,000 Unknown
Previous Owner $200,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Sold $17,850,000 -18.5% $4,038 / Sq Ft
05/27/2025 05/27/25 Pending -- -- --
02/24/2025 02/24/25 Price Changed $21,900,000 -8.4% $4,955 / Sq Ft
01/08/2025 01/08/25 Price Changed $23,900,000 -9.8% $5,407 / Sq Ft
09/23/2024 09/23/24 Price Changed $26,500,000 -7.0% $5,995 / Sq Ft
05/06/2024 05/06/24 For Sale $28,500,000 +320.0% $6,448 / Sq Ft
04/10/2018 04/10/18 Sold $6,786,250 0.0% $1,535 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
01/09/2018 01/09/18 For Sale $6,786,250 -9.5% $1,535 / Sq Ft
07/29/2016 07/29/16 Sold $7,500,000 0.0% $1,697 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
09/08/2015 09/08/15 For Sale $7,500,000 -- $1,697 / Sq Ft
Source: Palm Beach Board of REALTORS®

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
2024 $80,856 $5,430,152 -- --
2023 $79,199 $5,271,992 $0 $0
2022 $79,336 $5,118,439 $0 $0
2021 $80,669 $4,969,358 $0 $0
2020 $80,852 $4,900,748 $0 $0
2019 $80,548 $4,781,484 $3,258,938 $1,522,546
2018 $97,837 $6,250,501 $5,385,652 $864,849
2017 $87,988 $5,242,706 $4,378,579 $864,127
2016 $100,183 $5,814,678 $0 $0
2015 $100,652 $5,608,840 $0 $0
2014 $95,571 $5,257,152 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-70

APN: 50-43-43-14-08-000-0053