151 Grace Trail Unit 40 Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $4,960,000 - $6,449,000
3
Beds
3
Baths
2,701
Sq Ft
$2,051/Sq Ft
Est. Value
Highlights
- Gas Heated Pool
- Wood Flooring
- Wine Refrigerator
- Palm Beach Public School Rated A-
- Lanai
- Balcony
About This Home
As of December 2020Bienestar, Palm Beach's hidden gem.
The moment you enter the courtyard of Bienestar you are transported to the tropical paradise of old Palm Beach. One of only two grand mansions which have been converted to a condominium, Bienestar is a 1924 Marion Sims Wyeth home, located at the end of a private road behind the St Edwards Parish Center.
Renovated and expanded in the mid 1980's, the structure is landmarked. Unit 4 is the largest of the 6 units with 2,701 SF of living space. Featuring 3 bedrooms and 3 baths with full-run front and rear loggias, the property offers expansive interior and exterior entertaining spaces. The Sellers undertook an extensive renovation in 2014 to bring the space up to current code including, replacing the AC, hot water heater, all electrical and wiring, replacing the 3 bathrooms and the kitchen, restoring moldings, custom casework and installing a new bar and laundry.
The location can't be beat. Walk to Amici, Greens, Chez Jean Pierre, Trevini and Publix or any of the local merchants within a 2-block walk. Or if you prefer, walk a ½ a block down Root Trail to beach access, 3 blocks to The Royal Poinciana Plaza, or the Breakers! More importantly, Unit 4 is perfectly situated on the property by the pool, the garage and the Tea House and south lawn.
The full-time property manager offers owners a turn-key lifestyle whether they are year-round or seasonal. This is one of the best kept secrets and most unique condominium properties in Palm Beach. Not to be missed.
Last Buyer's Agent
BURTON MINKOFF
MCCANN COYNER CLARKE
Property Details
Home Type
- Condo-Op
Est. Annual Taxes
- $34,947
Year Built
- Built in 1924
Lot Details
- Home has East and West Exposure
- Back Yard Fenced
HOA Fees
- $2,229 Monthly HOA Fees
Interior Spaces
- 2,701 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Fireplace
- Dining Area
- Storage
Kitchen
- Single Oven
- Electric Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- Hurricane or Storm Shutters
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Parking
- Garage
- No Garage
- Open Parking
Pool
- Gas Heated Pool
- Outdoor Pool
Outdoor Features
- Balcony
- Patio
- Lanai
Utilities
- Zoned Heating and Cooling
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 50434314280000040
Community Details
Overview
- Association fees include insurance, cable TV, common area, trash, sewer, water
- 6 Units
- Bienestar Community
Pet Policy
- Pet Restriction
Additional Features
- Common Area
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 17, 2020
Closed on
Dec 21, 2020
Sold by
Diack James A and Evans Laura W
Bought by
Kuensell Elizabeth G and Scott L Kuensell Gst Exempt Re
Seller's Agent
Burt Minkoff
Douglas Elliman
Buyer's Agent
BURTON MINKOFF
MCCANN COYNER CLARKE
List Price
$3,300,000
Sold Price
$3,300,000
Total Days on Market
325
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,240,213
Avg. Annual Appreciation
12.44%
Purchase Details
Listed on
Jan 13, 2014
Closed on
May 27, 2014
Sold by
White Suzanne
Bought by
Evans Laura W
Seller's Agent
NANCY MENDEL
Sotheby's International Realty, Inc.
Buyer's Agent
Burt Minkoff
Douglas Elliman
List Price
$2,350,000
Sold Price
$2,350,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Purchase Details
Closed on
Feb 12, 1998
Sold by
Barbara L Tr And Peter Fodor
Bought by
White Suzanne
Purchase Details
Closed on
Jun 18, 1996
Sold by
Fodor Barbara Lowe
Bought by
Fodor Barbara L
Similar Homes in Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kuensell Elizabeth G | $3,300,000 | Attorney | |
| Evans Laura W | $2,350,000 | Attorney | |
| White Suzanne | $780,000 | -- | |
| Fodor Barbara L | $100 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/28/2020 12/28/20 | Sold | $3,300,000 | 0.0% | $1,222 / Sq Ft |
| 12/07/2020 12/07/20 | Pending | -- | -- | -- |
| 01/17/2020 01/17/20 | For Sale | $3,300,000 | +40.4% | $1,222 / Sq Ft |
| 05/29/2014 05/29/14 | Sold | $2,350,000 | 0.0% | $870 / Sq Ft |
| 02/13/2014 02/13/14 | Pending | -- | -- | -- |
| 01/13/2014 01/13/14 | For Sale | $2,350,000 | -- | $870 / Sq Ft |
Source: Palm Beach Board of REALTORS®
Tax History Compared to Growth
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 | $50,041 | $3,356,688 | -- | -- |
| 2023 | $48,987 | $3,258,920 | $0 | $0 |
| 2022 | $49,063 | $3,164,000 | -- | -- |
| 2021 | $42,889 | $2,600,000 | $0 | $2,600,000 |
| 2020 | $35,155 | $2,128,656 | $0 | $0 |
| 2019 | $35,083 | $2,080,798 | $0 | $0 |
| 2018 | $33,330 | $2,042,000 | $0 | $0 |
| 2017 | $33,340 | $2,000,000 | $0 | $0 |
| 2016 | $33,189 | $1,963,650 | $0 | $0 |
| 2015 | $34,323 | $1,950,000 | $0 | $0 |
| 2014 | $22,413 | $1,269,159 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Burt Minkoff
Seller's Agent in 2020
Burt Minkoff
Douglas Elliman
9 in this area
65 Total Sales
-
B
Buyer's Agent in 2020
BURTON MINKOFF
MCCANN COYNER CLARKE
-
N
Seller's Agent in 2014
NANCY MENDEL
Sotheby's International Realty, Inc.
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 20-156
APN: 50-43-43-14-28-000-0040
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