NOT LISTED FOR SALE

151 Grace Trail Unit 30 Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $3,383,709 - $5,232,000

2 Beds
2 Baths
1,834 Sq Ft
$2,198/Sq Ft Est. Value

Last Sold May 12, 2015

Last sale price $2,250,000 $1,227 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $27,942/month

161 Days on Market

Highlights

  • Property has ocean access
  • Outdoor Pool
  • Lanai
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Library

About This Home

As of May 2015

Very rare to market, Bienestar apartment with exceptionally close gate to pool and a covered parking spot. Bienestar was originally a private home commissioned by Fredrick S. Wheeler to be designed by architect Marion Syms Wyeth and built by master builder Benjamin Hoffman in 1924. It is an example of the Spanish Mediterranean Revival style... with signature Wyeth courtyard and is an official Landmark of the Town of Palm Beach. Conversion to six apartments began in 1985 and special care was given to retaining original elements including terracotta tile flooring, pecky cypress ceilings, wrought iron details, coquina stone courtyards and a carved stone fountain.

Last Agent to Sell the Property

James Edwards

Sotheby's International Realty, Inc. License #3151564 Listed on: 10/21/2014

Sotheby's International Realty, Inc.

Co-Listed By

NANCY MENDEL

Sotheby's International Realty, Inc. License #76747

Last Buyer's Agent

MIMI VAIL

MCCANN COYNER CLARKE

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $20,618

Year Built

  • Built in 1987

Lot Details

  • West Facing Home
  • Back Yard Fenced

HOA Fees

  • $2,229 Monthly HOA Fees

Interior Spaces

  • 1,834 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dining Area
  • Library
  • Utility Room

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Open Parking

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434314280000030

Community Details

Overview

  • Association fees include insurance, cable TV
  • 6 Units
  • Bienestar Community

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$20,618

Year Built

Built in 1987

Lot Details

0

HOA Fees

$2,229 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: N County to right on Sunrise Ave to N Ocean Blvd then immediate left on Grace Trail
  • Building Name: Bienestar
  • Year Built: 1987
  • Location Tax Legal:Name of Building: Bienestar
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 20618.31
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Living Area: 1834.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 6687.5
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 6
  • General Property Description:_pound_ Floors: 2.0
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Services Included:Full Time Manager: Yes
  • Floors:Hardwood: Yes
  • Exposure of Unit:West2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Floors:StoneBrick: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Hardwood, Stone/Brick, Tile
  • Interior Amenities: Cable, Ceiling Fan, Pantry
  • Living Area: 1834.0
  • Stories: 2
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Patio/Lanai, Fence - Back Wall, Ocean Access- Deeded
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes

Garage/Parking

  • Parking:_two_ Car2: Yes
  • Parking:Open Parking: Yes
  • Parking:Covered Parking: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Other Services
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434314280000030
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 6
  • Maintenance Expense: 6687.5

Tax Info

  • Tax Annual Amount: 20618.31
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2014
Closed on
May 11, 2015
Sold by
Haley John F and Hughes Elizabeth A
Bought by
Bienestar Tres Llc
Seller's Agent
James Edwards
Sotheby's International Realty, Inc.
Buyer's Agent
MIMI VAIL
MCCANN COYNER CLARKE
List Price
$2,250,000
Sold Price
$2,250,000
Total Days on Market
161
Current Estimated Value
$4,031,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,781,903
Avg. Annual Appreciation
5.96%
Original Mortgage
$1,537,500
Outstanding Balance
$1,193,860
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,838,043

Purchase Details

Closed on
Apr 27, 2009
Sold by
Collins Sheila S
Bought by
Haley John F and Hughes Elizabeth A

Purchase Details

Closed on
Nov 17, 1993
Sold by
Dow Willard H
Bought by
Collins Sheila S
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 Buyer Sale Price Title Company
Bienestar Tres Llc $2,250,000 Crystal Title & Escrow Co In
Haley John F $1,500,000 Premier Title Company Ltd
Collins Sheila S $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bienestar Tres Llc $1,537,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2015 05/12/15 Sold $2,250,000 0.0% $1,227 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
10/21/2014 10/21/14 For Sale $2,250,000 -- $1,227 / 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 $36,961 $2,462,350 -- --
2023 $35,397 $2,238,500 $0 $0
2022 $33,099 $2,035,000 -- --
2021 $30,112 $1,850,000 $0 $1,850,000
2020 $29,559 $1,750,000 $0 $1,750,000
2019 $30,174 $1,750,000 $0 $1,750,000
2018 $28,784 $1,750,000 $0 $1,750,000
2017 $26,508 $1,550,000 $0 $0
2016 $31,229 $1,810,000 $0 $0
2015 $24,127 $1,313,400 $0 $0
2014 $21,766 $1,194,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    James Edwards

    Sotheby's International Realty, Inc.

    (561) 370-4141

    1 in this area

    23 Total Sales

    James Edwards
    Section Image

  • N

    Seller Co-Listing Agent in 2015

    NANCY MENDEL

    Sotheby's International Realty, Inc.

  • M

    Buyer's Agent in 2015

    MIMI VAIL

    MCCANN COYNER CLARKE

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-2154

APN: 50-43-43-14-28-000-0030

Florida Palm Beach County Palm Beach 33480 North End

151 Grace Trail Unit 30, Palm Beach, FL

This home is located at 151 Grace Trail Unit 30, Palm Beach, FL 33480 since 21 October 2014 and is currently estimated at $4,031,903, approximately $2,198 per square foot. This property was built in 1987. 151 Grace Trail Unit 30 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

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