NOT LISTED FOR SALE

231 Palmetto Ln West Palm Beach, FL 33405

South End Neighborhood

Estimated Value: $4,263,828 - $5,156,000

5 Beds
4.5 Baths
4,405 Sq Ft
$1,061/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $2,300,000 $522 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $28,558/month

69 Days on Market

Highlights

  • Private Pool
  • Garden View
  • High Ceiling
  • Wood Flooring
  • Mediterranean Architecture
  • Den

About This Home

As of June 2020

Spectacular Mediterranean Estate on coveted Palmetto Lane. Situated on an expansive +/- 11,250 sqft lot on the Intracoastal block , this home offers 5 bedrooms and 4.5 baths. The newly renovated kitchen is a Chef's dream as it is equipped with a WOLFE gas range and double ovens, Subzero refrigerator and Miele dishwasher. Constructed in 2004 this home offers a two car garage, full hurricane impact windows and a home generator. Additional features include heated pool and spa, expansive first floor library, 2nd floor ''Tower room'' and a stunning custom tiled balcony off the master suite.

Last Agent to Sell the Property

LISA WILKINSON

Douglas Elliman License #3254735 Listed on: 03/04/2020

Douglas Elliman

Co-Listed By

Cara McClure

Douglas Elliman License #3177951

Last Buyer's Agent

Simon Isaacs

Simon Isaacs Real Estate LLC License #3341521

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,882

Year Built

  • Built in 2004

Lot Details

  • 0.26 Acre Lot
  • Fenced
  • Interior Lot
  • Sprinkler System
  • Property is zoned SF7(ci

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 4,405 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Clay
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • Orchid Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434403220000180

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,882

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South Flagler Drive to Palmetto Lane
  • Year Built: 2004
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), High Ceilings, Split Bedrooms, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Flooring: Carpet, Clay, Tile, Wood
  • Living Area: 4405.0
  • Dining Room Type: Den, Family Room, Laundry, Storage Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Fence, Patio
  • View: Garden, Pool
  • Lot Features: Interior Lot, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434403220000180
  • Lot Size Sq Ft: 11250.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 25882.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2020
Closed on
Jun 12, 2020
Sold by
Beasley James Wallace
Bought by
Braunstein Philip and Braunstein Kelly
Seller's Agent
LISA WILKINSON
Douglas Elliman
Buyer's Agent
Simon Isaacs
Simon Isaacs Real Estate LLC
List Price
$2,385,000
Sold Price
$2,300,000
Premium/Discount to List
-$85,000
-3.56%
Current Estimated Value
$4,571,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,271,959
Avg. Annual Appreciation
14.20%
Original Mortgage
$1,824,000
Outstanding Balance
$1,634,577
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$2,929,799

Purchase Details

Closed on
Apr 17, 2018
Sold by
Beasley James Wallace and Beasley Jeanne Hudlett
Bought by
Beasley James Wallace

Purchase Details

Closed on
Oct 15, 2013
Sold by
Beasley James Wallace and Beasley Jeanne Hudlett
Bought by
Beasley James Wallace

Purchase Details

Listed on
Jan 16, 2013
Closed on
Apr 16, 2013
Sold by
Rupp John T and Rupp Regan
Bought by
Beasley James Wallace
Seller's Agent
JUDGE MOSS
Brown Harris Stevens of Palm Beach 0039
Buyer's Agent
STEPHEN SIMPSON
HOLLANDER REAL ESTATE, INC.
List Price
$1,325,000
Sold Price
$1,325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$993,750
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2003
Sold by
Orchid Estates West Palm Beach Lp
Bought by
Rupp John T
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Braunstein Philip $2,280,000 Attorney
Beasley James Wallace -- None Available
Beasley James Wallace $492,856 Attorney
Beasley James Wallace $1,325,000 Lighthouse Title Svcs Inc
Rupp John T $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braunstein Philip $1,824,000
Previous Owner Beasley James Wallace $993,750
Previous Owner Rupp John T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $2,300,000 -3.6% $522 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $2,385,000 +80.0% $541 / Sq Ft
04/16/2013 04/16/13 Sold $1,325,000 0.0% $301 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $1,325,000 -- $301 / Sq Ft
Source: BeachesMLS

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 $42,311 $2,096,528 -- --
2023 $41,354 $2,035,464 $0 $0
2022 $41,050 $1,976,179 $0 $0
2021 $41,086 $1,918,620 $405,000 $1,513,620
2020 $26,245 $1,224,157 $0 $0
2019 $25,882 $1,196,634 $0 $0
2018 $24,716 $1,174,322 $0 $0
2017 $24,512 $1,150,168 $0 $0
2016 $24,512 $1,126,511 $0 $0
2015 $25,012 $1,118,680 $0 $0
2014 $25,052 $1,109,802 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    LISA WILKINSON

    Douglas Elliman

    (561) 723-9500

    38 in this area

    186 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Cara McClure

    Douglas Elliman

    (561) 655-8600

    40 in this area

    173 Total Sales

    Section Image
  • Simon Isaacs

    Buyer's Agent in 2020

    Simon Isaacs

    Simon Isaacs Real Estate LLC

    (561) 818-3936

    40 in this area

    128 Total Sales

    Section Image

  • J

    Seller's Agent in 2013

    JUDGE MOSS

    Brown Harris Stevens of Palm Beach 0039

  • S

    Buyer's Agent in 2013

    STEPHEN SIMPSON

    HOLLANDER REAL ESTATE, INC.

See All Agents

Map

Source: BeachesMLS

MLS Number: R10606423

BeachesMLS

APN: 74-43-44-03-22-000-0180

Florida Palm Beach County West Palm Beach 33405 South End

231 Palmetto Ln, West Palm Beach, FL

This home is located at 231 Palmetto Ln, West Palm Beach, FL 33405 since 04 March 2020 and is currently estimated at $4,672,707, approximately $1,060 per square foot. This property was built in 2004. 231 Palmetto Ln is a home located in Palm Beach County with nearby schools including South Olive Elementary School, Conniston Middle School, and Forest Hill 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.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes