NOT LISTED FOR SALE

229 Monterey Rd Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $5,380,000 - $7,773,466

2 Beds
2 Baths
1,222 Sq Ft
$5,392/Sq Ft Est. Value

Last Sold June 23, 2020

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

Est. 277% increase in value since last sale

Current estimated payment $39,088/month

Highlights

  • Outdoor Pool
  • Wood Flooring
  • Patio
  • Palm Beach Public School Rated A-
  • Lanai
  • Attached Carport

About This Home

As of May 2024

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.

Last Agent to Rent the Property

Cara McClure

Douglas Elliman License #SL-3177951 Listed on: 05/08/2024

Douglas Elliman

Co-Listed By

LISA WILKINSON

Douglas Elliman License #SL-3254735

Last Renter's Agent

JIM McCANN

Premier Estate Properties, Inc. - Palm Beach License #BK-397290

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,849

Year Built

  • Built in 1948

Lot Details

  • South Facing Home
  • Back Yard Fenced
  • Sprinkler System

Parking

  • Attached Carport

Interior Spaces

  • 1,222 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Area
  • Utility Room
  • Pest Guard System

Kitchen

  • Single Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • No Utilities

Listing and Financial Details

  • Security Deposit $35,000
  • Seasonal Lease Term
  • Assessor Parcel Number 50434303130000102

Community Details

Overview

  • Front Yard Maintenance
  • Gregory Addition Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool
  • Pool Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,849

Year Built

Built in 1948

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential Lease
  • Subdivision Name: Gregory Addition
  • Architectural Style: One Story
  • Building Name: N/A
  • Year Built: 1948
  • Location Tax Legal:Name of Building: N/A
  • General Property Description:Living Area: 1222.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:_pound_ Floors: 1.0
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Floors:Hardwood: Yes
  • Contract Information:Deposit Amount: 35000.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: Yes
  • Utilities Included:None Included: Yes
  • Style:One Story: Yes
  • Services Included:Garbage: Yes
  • Services Included:Pest Control2: Yes
  • Services Included:Yard Services: Yes
  • Lease Type:Seasonal: Yes
  • Pool:Salt Water: Yes
  • Services Included:Pool Services: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Freezer, Range-Gas, Oven-Single, Microwave, Washer, Dryer
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan
  • Living Area: 1222.0
  • Stories: 1
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Pool Features: Pool, Salt Water
  • Pool Private: Yes
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Sprinkler System
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes

Garage/Parking

  • Parking Features: Carport
  • Parking:Carport2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: No Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Amenities: Pest Control, Garbage, Pool Services, Yard Services

Lot Info

  • Parcel #: 50434303130000102

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
$6,589,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,839,117
Avg. Annual Appreciation
28.54%

Purchase Details

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

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
05/24/2020 05/24/20 Pending -- -- --
03/01/2019 03/01/19 For Sale $2,100,000 -- $1,718 / 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 $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

    Landlord's Agent in 2024

    Cara McClure

    Douglas Elliman

    (561) 655-8600

    9 in this area

    163 Total Sales

    Cara McClure
    Section Image

  • L

    Landlord's Co-Listing Agent in 2024

    LISA WILKINSON

    Douglas Elliman

    (561) 723-9500

    8 in this area

    177 Total Sales

    LISA WILKINSON
    Section Image

  • J

    Tenant's Agent in 2024

    JIM McCANN

    Premier Estate Properties, Inc. - Palm Beach

    (561) 307-1525

    26 in this area

    72 Total Sales

    JIM McCANN
    Section Image

  • J

    Buyer's Agent in 2022

    James McCann

    London Foster Realty

    (561) 721-6500

    2 in this area

    26 Total Sales

    James McCann
    Section Image

  • J

    Seller's Agent in 2020

    Jeffrey Cloninger

    Sotheby's Intl. Realty, Inc.

    (561) 659-3555

    2 in this area

    29 Total Sales

    Jeffrey Cloninger
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-800

APN: 50-43-43-03-13-000-0102

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 since 08 May 2024 and is currently priced at $6,589,117. This property was built in 1948. 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.

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