221 Monterey Rd Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $5,701,000 - $7,452,000
4
Beds
4
Baths
2,668
Sq Ft
$2,464/Sq Ft
Est. Value
Highlights
- Waterfront
- Colonial Architecture
- Lanai
- Palm Beach Public School Rated A-
- Wood Flooring
- No HOA
About This Home
As of March 2021Designed 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
William Raveis Real Estate License #3085739 Listed on: 01/28/2021
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
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
Total Days on Market
3
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
$2,393,342
Avg. Annual Appreciation
11.24%
Original Mortgage
$2,665,000
Outstanding Balance
$2,440,662
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$4,132,298
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
Similar Homes in Palm Beach, FL
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Home Values in the Area
Average Home Value in this Area
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
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
-
STEPHEN SIMPSON
S
Seller's Agent in 2021
STEPHEN SIMPSON
William Raveis Real Estate
(561) 262-6263
3 in this area
44 Total Sales
-
B
Buyer's Agent in 2021
BURTON MINKOFF
MCCANN COYNER CLARKE
-
Burt Minkoff
Buyer's Agent in 2021
Burt Minkoff
Douglas Elliman
9 in this area
65 Total Sales
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 19-2429
APN: 50-43-43-03-13-000-0061
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