NOT LISTED FOR SALE

240 Jungle Rd Palm Beach, FL 33480

Estimated Value: $4,974,000 - $17,717,671

6 Beds
6 Baths
5,521 Sq Ft
$1,922/Sq Ft Est. Value

Last Sold June 06, 2019

Last sale price $7,450,000 $1,349 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $74,043/month

Highlights

  • Cabana
  • Garage Apartment
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Lanai

About This Home

As of February 2020

Recently renovated Estate Section home available for seasonal or annual lease.

Last Agent to Rent the Property

Dana Landry

Dana Edward Landry License #BK-3287274 Listed on: 11/25/2019

Dana Edward Landry

Last Renter's Agent

STEVE DAVIS

THE CORCORAN GROUP 2435

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $213,564

Year Built

  • Built in 1930

Lot Details

  • North Facing Home
  • Sprinkler System

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 5,521 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Sound System
  • Fireplace
  • Window Treatments
  • Dining Room
  • Library
  • Utility Room

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Pest Guard System

Parking

  • 2 Parking Spaces
  • Garage Apartment

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Cabana
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $30,000
  • Rent includes cable TV, sewer
  • Seasonal Lease Term
  • Assessor Parcel Number 50434326000020350

Community Details

Overview

  • Front Yard Maintenance
  • On-Site Maintenance

Recreation

  • Community Pool
  • Pool Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$213,564

Year Built

Built in 1930

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential Lease
  • Subdivision Name: N/A
  • Directions: South on County Road to Jungle Road. West to 240.
  • Architectural Style: Mediterranean, Three + Story
  • Building Name: N/A
  • Year Built: 1930
  • Location Tax Legal:Name of Building: N/A
  • General Property Description:Living Area: 5521.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • 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
  • Security:Security System: Yes
  • Exposure of Unit:North2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Contract Information:Deposit Amount: 30000.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: No
  • Style:Three Story: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Utilities Included:Basic Cable TV: Yes
  • Utilities Included:Sewer3: Yes
  • Style:Mediterranean: Yes
  • Services Included:Pest Control2: Yes
  • Services Included:Yard Services: Yes
  • Lease Type:Seasonal: Yes
  • Services Included:Pool Services: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Electric, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable, Fireplace, Sound System, Wet Bar, Wndw Trmnts Included, Smoke Alarms, Pantry
  • Living Area: 5521.0
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Smoke Alarms2: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Patio/Lanai, Cabana, Sprinkler System
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Cabana: Yes

Garage/Parking

  • Parking:_two_ Car2: Yes
  • Other Rooms:Garage Apartment: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security System
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV, Sewer
  • Amenities: Pest Control, Pool Services, Yard Services

Lot Info

  • Parcel #: 50434326000020350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2021
Sold by
Landry Dana E and Moody William F
Bought by
Kochman Ronald S and 240 Jungle Road Trust
Current Estimated Value
$10,608,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,400,000
Outstanding Balance
$7,628,673
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$2,980,217

Purchase Details

Listed on
May 3, 2019
Closed on
Jun 5, 2019
Sold by
Green Holcombe T
Bought by
Moody William F X and Landry Dana E
Seller's Agent
Ann Summers
Brown Harris Stevens of PB
Buyer's Agent
Dana Landry
Dana E. Landry
List Price
$8,250,000
Sold Price
$7,450,000
Premium/Discount to List
-$800,000
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$4,000,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 23, 2018
Closed on
Oct 29, 2018
Sold by
Silvestri Gina D and Jungle Road Llc
Bought by
Green Haolcombe T
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc. - Palm Beach
Buyer's Agent
ANN SUMMERS
BARRETT WELLES PROPERTY GROUP LLC
List Price
$8,200,000
Sold Price
$8,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.24%
Original Mortgage
$5,725,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 11, 2016
Sold by
Silvestri Gina D
Bought by
Jungle Road Llc

Purchase Details

Closed on
Dec 16, 2015
Sold by
Silvestri Gina D
Bought by
Silvestri Gina D and John S Miller U/A Iv

Purchase Details

Closed on
Apr 18, 2009
Sold by
Silvestri Gina D
Bought by
Silvestri Gina D and Article Iii Trust

Purchase Details

Closed on
Apr 25, 1994
Sold by
Reynolds Paul S and Reynolds Victoria
Bought by
Miller Frank A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.61%
Source: Public Records

Range of Values:

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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
Kochman Ronald S $14,000,000 Attorney
Moody William F X $7,450,000 Attorney
Green Haolcombe T $8,200,000 Attorney
Jungle Road Llc -- Attorney
Silvestri Gina D -- Attorney
Silvestri Gina D -- Attorney
Miller Frank A $1,550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kochman Ronald S $8,400,000
Previous Owner Moody William F X $4,000,000
Previous Owner Green Haolcombe T $5,725,000
Previous Owner Miller Frank A $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2020 02/11/20 Rented $35,000 0.0% --
01/12/2020 01/12/20 Under Contract -- -- --
11/25/2019 11/25/19 For Rent $35,000 0.0% --
06/06/2019 06/06/19 Sold $7,450,000 -9.7% $1,349 / Sq Ft View Prior Sale
05/07/2019 05/07/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $8,250,000 +0.6% $1,494 / Sq Ft
11/05/2018 11/05/18 Sold $8,200,000 0.0% $1,333 / Sq Ft View Prior Sale
09/11/2018 09/11/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $8,200,000 -- $1,333 / 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 $213,564 $14,336,338 -- --
2023 $209,254 $13,918,775 $0 $0
2022 $209,660 $13,513,374 $0 $0
2021 $104,836 $6,403,072 $5,500,000 $903,072
2020 $108,421 $6,516,810 $5,400,000 $1,116,810
2019 $114,086 $6,717,295 $5,250,000 $1,467,295
2018 $109,489 $6,712,515 $5,098,842 $1,613,673
2017 $101,251 $6,022,860 $4,145,400 $1,877,460
2016 $101,450 $5,886,954 $0 $0
2015 $102,243 $5,696,263 $0 $0
2014 $41,221 $2,300,152 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-2310

APN: 50-43-43-26-00-002-0350