NOT LISTED FOR SALE

221 Monterey Rd Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $5,993,000 - $7,139,000

4 Beds
4 Baths
2,668 Sq Ft
$2,542/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $4,179,618 $1,567 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $41,956/month

3 Days on Market

Highlights

  • Waterfront
  • Colonial Architecture
  • Lanai
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of March 2021

Designed in the late 30's by Maurice Fatio with a sense of Palm Beach Romance, 221 Monterey Road exemplifies Fatio's knack for creating homes noted for their beautiful entrances, high ceilings, symmetry and balanced proportions. With the same focus, the home was methodically renovated in 2010/11 highlighting Fatio's skill while flawlessly modernizing the functional usability. Boasting 4 bedrooms and 3.5 baths, a custom gourmet kitchen with integrated Viking appliances and Carrara white Marble counter surfaces, pickled white oak hardwood and stone floors, plus many of the original classic Fatio details like cypress ceilings, wood moldings and the stone fireplace. the Master bedroom and its fabulous bath are best described as ''you just need to see it''. A spectacular swimming pool has optional access to the ocean front Colonial/Monterey Beach Club".been designed and approved. This property has optional access to the ocean front Colonial/Monterey Beach Club.

Last Agent to Sell the Property

STEPHEN SIMPSON

William Raveis Real Estate License #3085739 Listed on: 01/28/2021

William Raveis Real Estate

Last Buyer's Agent

BURTON MINKOFF

MCCANN COYNER CLARKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,891

Year Built

  • Built in 1940

Lot Details

  • 9,148 Sq Ft Lot
  • Waterfront
  • South Facing Home
  • Sprinkler System
  • Property is zoned RB

Parking

  • Attached Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 2,668 Sq Ft Home
  • 2-Story Property
  • Loggia
  • Fireplace
  • Single Hung Windows
  • Living Room
  • Breakfast Room
  • Dining Room
  • Library

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Gas Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Partial Impact Glass

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association
  • Gregory Addition Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434303130000061

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,891

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: 90
  • Subdivision Name: Gregory Addition
  • Directions: N Ocean to Monterey, left to property.
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Year Built: 1940
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 21891.0
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Living Area: 2668.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 90
  • Floors:Hardwood: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 9148
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Windows:Single Hung: Yes
  • Windows:Impact Glass-Partial: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Floors:StoneBrick: Yes
  • Roof:Slate: Yes
  • Garage 1 Car: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Gas, Oven-Single, Washer, Dryer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Stone/Brick
  • Interior Amenities: Fireplace, Wndw Trmnts Included
  • Living Area: 2668.0
  • Window Features: Single Hung, Impact Glass-Partial
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Fireplace: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Frame
  • Exterior Features: Balcony, Patio/Lanai, Storm Shutters, Sprinkler System
  • Roof: Slate
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:PatioLanai: Yes
  • Construction:Frame: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking Features: 1 Car, Attached
  • Garage: Yes

Utilities

  • Security: Security System
  • Cooling: Multi Zone Air
  • Cooling Y N: Yes
  • Heating: Multi Zone Heat
  • Heating Yn: Yes
  • Water Source: City Water, Sewer

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 9148.0
  • Parcel #: 50434303130000061
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 21891.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 2, 2021
Sold by
Greenberg Linda Allen and Greenberg Martin
Bought by
Adler Jonathan and Doonan Simon
Seller's Agent
STEPHEN SIMPSON
William Raveis Real Estate
Buyer's Agent
BURTON MINKOFF
MCCANN COYNER CLARKE
List Price
$4,179,619
Sold Price
$4,179,619
Current Estimated Value
$6,781,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,602,259
Avg. Annual Appreciation
11.50%
Original Mortgage
$2,665,000
Outstanding Balance
$2,440,662
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$4,328,169

Purchase Details

Closed on
Aug 5, 2010
Sold by
Northern Trust N A
Bought by
Greenberg Linda Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.42%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Adler Jonathan $4,179,618 Attorney
Greenberg Linda Allen $1,000,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adler Jonathan $2,665,000
Previous Owner Greenberg Md Martin $945,000
Previous Owner Greenberg Linda Allen $493,000
Previous Owner Greenberg Linda Allen $150,000
Previous Owner Greenberg Linda Allen $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 Sold $4,179,619 0.0% $1,567 / Sq Ft
03/03/2021 03/03/21 Sold $4,179,619 0.0% $1,567 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/31/2021 01/31/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $4,179,619 +16.4% $1,567 / Sq Ft
12/10/2019 12/10/19 For Sale $3,590,000 -- $1,346 / 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 $53,994 $3,606,944 -- --
2023 $52,852 $3,501,887 $0 $0
2022 $52,934 $3,399,890 $0 $0
2021 $21,995 $1,337,591 $0 $0
2020 $22,024 $1,319,123 $0 $0
2019 $21,974 $1,289,465 $0 $0
2018 $20,896 $1,265,422 $0 $0
2017 $20,886 $1,239,395 $0 $0
2016 $20,366 $1,213,903 $0 $0
2015 $21,058 $1,205,465 $0 $0
2014 $21,158 $1,195,898 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    STEPHEN SIMPSON

    William Raveis Real Estate

    (561) 262-6263

    3 in this area

    45 Total Sales

    Section Image

  • B

    Buyer's Agent in 2021

    BURTON MINKOFF

    MCCANN COYNER CLARKE

  • Burt Minkoff

    Buyer's Agent in 2021

    Burt Minkoff

    Douglas Elliman

    (561) 512-8978

    8 in this area

    66 Total Sales

    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-2429

APN: 50-43-43-03-13-000-0061

Florida Palm Beach County Palm Beach 33480 North End

221 Monterey Rd, Palm Beach, FL

This home is located at 221 Monterey Rd, Palm Beach, FL 33480 since 28 January 2021 and is currently estimated at $6,781,877, approximately $2,541 per square foot. This property was built in 1940. 221 Monterey Rd 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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