NOT LISTED FOR SALE

Estimated Value: $8,440,000 - $15,151,938

4 Beds
6 Baths
4,723 Sq Ft
$2,348/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2025

Last sale price $16,175,000 $3,425 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $65,466 / mo

22 Days on Market

Highlights

  • Cabana
  • Regency Architecture
  • No HOA
  • Marble Flooring
  • Lanai
  • Double Oven

About This Home

As of March 2025

This home is located at 220 Wells Rd, Palm Beach, FL 33480 since 08 January 2025 and is currently estimated at $11,091,646, approximately $2,348 per square foot. This property was built in 1989. 220 Wells Rd is a home located in Palm Beach County.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 01/08/2025

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 01/08/2025

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $79,230

Year Built

  • Built in 1989

Lot Details

  • Home has North and South Exposure
  • Back and Front Yard Fenced
  • Property is zoned R-B - Low Density Residential

Parking

  • 2 Car Attached Garage

Home Design

  • Regency Architecture
  • Tar and Gravel Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,723 Sq Ft Home
  • 1-Story Property
  • Sliding Windows
  • Dining Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Cabana
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Adams Addition Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434314070000260

Home Details

Home Type

Single Family

Est. Annual Taxes

$79,230

Year Built

Built in 1989

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100
  • Subdivision Name: Adams Addition
  • Architectural Style: Regency
  • Garage Yn: Yes
  • Year Built: 1989
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 79230.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 4723.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 100
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Tar Gravel: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Sliding: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Style:One Story: Yes
  • Style:Regency: Yes
  • Construction: Stucco: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Electric, Oven-Double, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, Tile, W/W Carpeting
  • Interior Amenities: Pantry
  • Living Area: 4723.0
  • Window Features: Sliding
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Double: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: No
  • Construction Type: Stucco, Block
  • Exterior Features: Fence-Back Wall, Fence-Front Wall
  • Other Structures: Cabana
  • Patio And Porch Features: Patio/Lanai
  • Roof: Tar/Gravel
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Cabana: Yes
  • Exterior Features:Fence-Front Wall: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Garage: Yes
  • Garage: Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes
  • Utilities: Sewer
  • Water Source: City Water

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434314070000260
  • Zoning: R-B - Low Density Residential

Tax Info

  • Tax Annual Amount: 79230.0
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
Mar 31, 2025
Sold by
Bought by
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$16,950,000
Sold Price
$16,175,000
Premium/Discount to List
-$775,000
-4.57%
Views
9
Current Estimated Value
$11,091,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,083,354
Avg. Annual Appreciation
-24.54%

Purchase Details

Closed on
Nov 16, 2023
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2019
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 15, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,447,250
Interest Rate
3.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 8, 1994
Sold by
Bought by

Purchase Details

Closed on
Jun 14, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$16,175,000 None Listed On Document
$3,600,000 None Listed On Document
-- Attorney
-- Attorney
$3,765,000 --
-- --
$1,730,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,500,000
Previous Owner $2,447,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold $16,175,000 -4.6% $3,425 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
01/08/2025 01/08/25 For Sale $16,950,000 -- $3,589 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $79,230 $5,423,313
2024 $79,230 $5,270,469
2023 $77,552 $5,116,960 $0 $0
2022 $77,685 $4,967,922 $0 $0
2021 $79,051 $4,823,225 $0 $0
2020 $79,218 $4,756,632 $0 $0
2019 $79,070 $4,649,689 $0 $0
2018 $75,136 $4,562,992 $0 $0
2017 $75,172 $4,469,140 $0 $0
2016 $74,775 $4,377,218 $0 $0
2015 $77,335 $4,346,790 $0 $0
2014 $77,708 $4,312,292 $0 $0
Source: Public Records

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 25-42

APN: 50-43-43-14-07-000-0260

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