NOT LISTED FOR SALE

151 Grace Trail Unit 30 Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $3,124,874 - $4,490,000

2 Beds
2 Baths
1,834 Sq Ft
1987 Built

Sale Details

Date Sold: May 12, 2015

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

Est. 71% increase in value since last sale

Current estimated payment $30,079 / mo

174 Days on Market

Highlights

  • Community Pool
  • Separate Shower in Primary Bathroom
  • 1 Car Garage
  • Palm Beach Public School Rated A-
  • Cooling Available
  • West Facing Home

About This Home

As of May 2015

Very rare to market, Beinestar 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 Intl. Realty, Inc. License #3151564 Listed on: 10/21/2014

Sotheby's Intl. Realty, Inc.

Co-Listed By

Nancy Mendel

Tina Fanjul Associates, Inc. License #76747

Last Buyer's Agent

Mimi Vail

Illustrated Properties License #0673296

Illustrated Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,836

Year Built

  • Built in 1987

Lot Details

  • West Facing Home

HOA Fees

  • $6,687 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,834 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 50434314280000030

Community Details

Overview

  • Bienestar Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,836

Year Built

Built in 1987

Lot Details

0 Sq Ft Lot

HOA Fees

$6,687 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: N County to right on Sunrise Ave to N Ocean Blvd then immediate left on Grace Trail
  • Year Built: 1987
  • DelayedMarketingYN: No
  • Special Features: None

Interior Features

  • Interior Amenities: None, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 1834.0
  • Stories: 2

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Other
  • Direction Faces: West

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 6687.0
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 50434314280000030
  • Mobile Dim Units: Feet
  • Zoning: R-B

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 21836.0

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 Intl. Realty, Inc.
Buyer's Agent
Mimi Vail
Illustrated Properties
List Price
$2,300,000
Sold Price
$2,250,000
Premium/Discount to List
-$50,000
-2.17%
Current Estimated Value
$3,857,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,607,625
Avg. Annual Appreciation
5.04%
Original Mortgage
$1,537,500
Outstanding Balance
$1,162,701
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,694,924

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
05/12/2015 05/12/15 Sold $2,250,000 -2.2% $1,227 / Sq Ft
04/12/2015 04/12/15 Pending -- -- --
10/21/2014 10/21/14 For Sale $2,300,000 -- $1,254 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $36,961 $2,500,000 -- --
2024 $36,961 $2,462,350 -- --
2023 $35,397 $2,238,500 $0 $0
2022 $33,099 $2,035,000 -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10082430

BeachesMLS (Greater Fort Lauderdale)

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

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