221 Monterey Rd Palm Beach, FL 33480
North End Neighborhood
4
Beds
3.5
Baths
2,668
Sq Ft
9,000
Sq Ft Lot
Highlights
- Room in yard for a pool
- Deck
- Marble Flooring
- Palm Beach Public School Rated A-
- Vaulted Ceiling
- Formal Dining Room
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
Last Agent to Sell the Property
William Raveis Real Estate License #3085739 Listed on: 12/09/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,891
Year Built
- Built in 1940
Lot Details
- 9,000 Sq Ft Lot
- Sprinkler System
- Property is zoned R-B(ci
Parking
- 1 Car Attached Garage
- Driveway
Home Design
- Frame Construction
- Slate Roof
Interior Spaces
- 2,668 Sq Ft Home
- 2-Story Property
- Custom Mirrors
- Built-In Features
- Vaulted Ceiling
- Decorative Fireplace
- Awning
- Single Hung Metal Windows
- French Doors
- Formal Dining Room
- Marble Flooring
- Impact Glass
Kitchen
- Breakfast Bar
- Gas Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Room in yard for a pool
- Balcony
- Deck
- Open Patio
- Porch
Utilities
- Forced Air Zoned Heating and Cooling System
Community Details
- Gregory Addn Subdivision
Listing and Financial Details
- 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
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
$2,602,259
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
Similar Homes in Palm Beach, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,179,618 | Attorney | |
| Personal Reps Deed | $1,000,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,665,000 | New Conventional | |
| Previous Owner | $945,000 | New Conventional | |
| Previous Owner | $493,000 | Credit Line Revolving | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $250,000 | New Conventional |
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: BeachesMLS
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
-
S
Seller's Agent in 2021
STEPHEN SIMPSON
William Raveis Real Estate
(561) 262-6263
3 in this area
45 Total Sales
-
B
Buyer's Agent in 2021
BURTON MINKOFF
MCCANN COYNER CLARKE
-
Buyer's Agent in 2021
Burt Minkoff
Douglas Elliman
(561) 512-8978
7 in this area
65 Total Sales
Map
Source: BeachesMLS
MLS Number: R10584245
APN: 50-43-43-03-13-000-0061
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