NOT LISTED FOR SALE

229 Monterey Rd Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $5,370,000 - $5,969,000

2 Beds
2 Baths
1,222 Sq Ft
$4,650/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $1,750,000 $1,432 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $34,309/month

About This Home

As of June 2020

Newly renovated north end Palm Beach seasonal rental available immediately. This light filled 2 bedroom, 2 bathroom cottage has a large salt water pool and beach access. Available for 2024/2025 season.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
Jun 8, 2020
Sold by
Schiller Kathy Ann
Bought by
229 Monterey Road Llc
Seller's Agent
Jeffrey Cloninger
Sotheby's Intl. Realty, Inc.
List Price
$2,100,000
Sold Price
$1,750,000
Premium/Discount to List
-$350,000
-16.67%
Current Estimated Value
$5,681,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,931,989
Avg. Annual Appreciation
26.92%

Purchase Details

Closed on
Jul 23, 1997
Sold by
Barry B Byrd Tr
Bought by
Schiller Kathy A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
229 Monterey Road Llc $1,750,000 Attorney
Schiller Kathy A $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schiller Kathy A $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Rented $165,000 +371.4% --
05/16/2024 05/16/24 Under Contract -- -- --
05/08/2024 05/08/24 For Rent $35,000 +29.6% --
10/18/2022 10/18/22 Rented $27,000 0.0% --
10/18/2022 10/18/22 Rented $27,000 -22.9% --
10/14/2022 10/14/22 Under Contract -- -- --
10/14/2022 10/14/22 Under Contract -- -- --
03/31/2022 03/31/22 For Rent $35,000 +29.6% --
11/12/2021 11/12/21 For Rent $27,000 -16.9% --
11/10/2021 11/10/21 Rented $32,500 -7.1% --
10/11/2021 10/11/21 Under Contract -- -- --
09/20/2021 09/20/21 For Rent $35,000 0.0% --
06/23/2020 06/23/20 Sold $1,750,000 -16.7% $1,432 / Sq Ft
05/24/2020 05/24/20 Pending -- -- --
03/01/2019 03/01/19 For Sale $2,100,000 -- $1,718 / Sq Ft

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 $49,849 $2,380,398 -- --
2023 $43,506 $2,163,998 $3,486,000 $250,058
2022 $37,702 $1,967,271 $0 $0
2021 $29,949 $1,788,428 $1,752,000 $36,428
2020 $7,732 $452,616 $0 $0
2019 $7,707 $442,440 $0 $0
2018 $7,350 $434,190 $0 $0
2017 $7,325 $425,260 $0 $0
2016 $6,651 $416,513 $0 $0
2015 $6,872 $413,618 $0 $0
2014 $6,903 $410,335 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Cara McClure

    Douglas Elliman

    (561) 324-0896

    13 in this area

    181 Total Sales

    Cara McClure
    Section Image

  • L

    Seller Co-Listing Agent in 2024

    LISA WILKINSON

    Douglas Elliman

    (561) 723-9500

    11 in this area

    195 Total Sales

    LISA WILKINSON
    Section Image

  • J

    Buyer's Agent in 2024

    JIM McCANN

    Premier Estate Properties, Inc. - Palm Beach

    (561) 307-1525

    31 in this area

    79 Total Sales

    JIM McCANN
    Section Image

  • J

    Buyer's Agent in 2022

    James McCann

    London Foster Realty

    (561) 721-6500

    2 in this area

    25 Total Sales

    James McCann
    Section Image

  • J

    Seller's Agent in 2020

    Jeffrey Cloninger

    Sotheby's Intl. Realty, Inc.

    (561) 659-3555

    3 in this area

    28 Total Sales

    Jeffrey Cloninger
    Section Image
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Map

Florida Palm Beach County Palm Beach 33480 North End

229 Monterey Rd, Palm Beach, FL

This home is located at 229 Monterey Rd, Palm Beach, FL 33480 and is currently estimated at $5,681,989, approximately $4,649 per square foot. 229 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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