NOT LISTED FOR SALE

Estimated Value: $10,827,435

3 Beds
3.5 Baths
3,001 Sq Ft
$3,608/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $9,237,430 $3,078 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $68,766/month

55 Days on Market

Highlights

  • Heated Pool
  • Marble Flooring
  • Formal Dining Room
  • Palm Beach Public School Rated A-
  • Den
  • 2 Car Detached Garage

About This Home

As of January 2023

Rare Opportunity on Prestigious Wells Road in Palm Beach, Florida, This beautifully lined street is just one block away from Intracoastal, Lake Trail, Restaurants & Shopping.Upon entering this 3 bedroom 3.5 bath home, you can feel the elegance Palm Beach has to offer. The patio/ lanai overlooks plush hedges that surround your private pool. Guests can enjoy a spacious guest house, complete with a bar area and a full bath. A maid's quarters, with a bath, comes complete with a private entrance.Can be renovated or rebuilt.2 car garage

Last Agent to Sell the Property

Robyn Lawson

Lang Realty/Delray Beach License #520018 Listed on: 07/13/2022

Lang Realty/Delray Beach

Last Buyer's Agent

SPENCER SCHLAGER

Douglas Elliman License #3429431

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,876

Year Built

  • Built in 1938

Lot Details

  • 0.32 Acre Lot
  • Property is zoned R-B(ci

Parking

  • 2 Car Detached Garage

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 3,001 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Built-In Features
  • Fireplace
  • Formal Dining Room
  • Den

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Stotesbury Park Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314060000120

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,876

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North County Road to Wells Rd make a left house on right
  • Year Built: 1938
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bidet, Built-in Features, Dining Area, Separate/Formal Dining Room, Fireplace, Separate Shower
  • Furnished: Partially
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Marble, Vinyl, Wood
  • Living Area: 3001.0
  • Dining Room Type: Den, In-Law Suite
  • Stories: 1

Exterior Features

  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434314060000120
  • Lot Size Sq Ft: 14000.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 34876.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Jan 10, 2023
Sold by
Sally L Protell Revocable Trust
Bought by
239 Wells Road Llc
Seller's Agent
Robyn Lawson
Lang Realty/Delray Beach
Buyer's Agent
SPENCER SCHLAGER
Douglas Elliman
List Price
$14,800,000
Sold Price
$9,237,430
Premium/Discount to List
-$5,562,570
-37.58%
Views
30
Current Estimated Value
$10,827,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,590,005
Avg. Annual Appreciation
6.53%
Original Mortgage
$6,300,000
Outstanding Balance
$5,686,667
Interest Rate
5.14%
Mortgage Type
New Conventional
Estimated Equity
$5,196,443

Purchase Details

Closed on
Dec 20, 1996
Sold by
Protell Sally L
Bought by
Protell Sally L

Purchase Details

Closed on
Dec 5, 1996
Sold by
Finnegan Dorothy Conte
Bought by
Protell Sally L
Source: Public Records

Range of Values:

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Average Value
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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
239 Wells Road Llc $9,237,430 Princeton Title & Escrow
239 Wells Road Llc -- Princeton Title & Escrow
Protell Sally L $100 --
Protell Sally L $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 239 Wells Road Llc $6,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2023 01/10/23 Sold $9,237,430 -37.6% $3,078 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $14,800,000 -- $4,932 / 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 $113,807 $7,560,000 -- --
2023 $113,794 $7,494,453 $7,140,000 $354,453
2022 $34,260 $2,168,231 $0 $0
2021 $34,876 $2,105,079 $0 $0
2020 $34,929 $2,076,015 $0 $0
2019 $34,860 $2,029,340 $0 $0
2018 $33,154 $1,991,501 $0 $0
2017 $33,148 $1,950,540 $0 $0
2016 $32,516 $1,910,421 $0 $0
2015 $33,619 $1,897,141 $0 $0
2014 $33,785 $1,882,084 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10816337

BeachesMLS

APN: 50-43-43-14-06-000-0120