241 Almeria Rd West Palm Beach, FL 33405
Southland Park NeighborhoodEstimated Value: $5,576,000 - $8,327,000
5
Beds
5.5
Baths
3,784
Sq Ft
$1,814/Sq Ft
Est. Value
Highlights
- New Construction
- Saltwater Pool
- Wood Flooring
- Palm Beach Public School Rated A-
- Deck
- Mediterranean Architecture
About This Home
As of February 2022[Closed price reflects furnishings sold separately for $200,000.] This is a rare opportunity to own a new construction home in the highly coveted, historic El Cid neighborhood in West Palm Beach. Completed in 2020, this stunning estate boasts a main house with 4 bedrooms, 4 full and one half baths as well as a separate 2-car garage with second-floor guest quarters. Offered fully furnished, this one-of-a-kind home has been hand curated for a higher standard of living. Keeping the timeless Palm Beach charm and historic architecture, this property has been seamlessly elevated with today's modern, luxurious amenities and comforts.
Last Agent to Sell the Property
Engel & Volkers Wellington License #642748 Listed on: 01/16/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $46,319
Year Built
- Built in 2020 | New Construction
Lot Details
- 0.27 Acre Lot
- Fenced
- Corner Lot
- Sprinkler System
- Property is zoned SF14(c
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Guest Parking
Home Design
- Mediterranean Architecture
- Barrel Roof Shape
Interior Spaces
- 3,784 Sq Ft Home
- 2-Story Property
- Furnished
- French Doors
- Family Room
- Formal Dining Room
- Den
- Wood Flooring
Kitchen
- Breakfast Area or Nook
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
- Dual Sinks
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Impact Glass
Outdoor Features
- Saltwater Pool
- Deck
- Open Patio
- Outdoor Grill
- Porch
Utilities
- Central Heating and Cooling System
- Gas Water Heater
- Cable TV Available
Community Details
- El Cid Park Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 74434334010080270
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2022
Closed on
Feb 4, 2022
Sold by
Bridle Path Holdings Llc
Bought by
Fl Esm Vpm Llc
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Horst Hohl
One Sotheby's International Re
List Price
$6,750,000
Sold Price
$6,400,000
Premium/Discount to List
-$350,000
-5.19%
Total Days on Market
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,464
Avg. Annual Appreciation
2.13%
Purchase Details
Listed on
Feb 26, 2021
Closed on
May 6, 2021
Sold by
Farfalla Estates Llc
Bought by
Bridle Path Holdings Llc
Seller's Agent
THOMAS HOLMES
Illustrated Properties LLC PB
Buyer's Agent
Carol Sollak
Engel & Völkers-Wellington
List Price
$4,000,000
Sold Price
$4,000,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.09%
Original Mortgage
$2,000,000
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 2, 2018
Closed on
Jul 13, 2018
Sold by
Grove Betty F and Grove Betty F
Bought by
Farfalla Estates Llc
Seller's Agent
Rachel Tessoff
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Tommy Holmes
Illustrated Properties
List Price
$875,000
Sold Price
$810,000
Premium/Discount to List
-$65,000
-7.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.13%
Purchase Details
Closed on
Oct 19, 1995
Sold by
Grove Betty F
Bought by
Grove Tr Betty F
Similar Homes in West Palm Beach, FL
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fl Esm Vpm Llc | $6,400,000 | Galle Law Group Pa | |
| Bridle Path Holdings Llc | $4,000,000 | Attorney | |
| Farfalla Estates Llc | $810,000 | Standard Title Insurance Age | |
| Grove Tr Betty F | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bridle Path Holdings Llc | $2,000,000 | |
| Previous Owner | Farfalla Estates Llc | $1,300,000 | |
| Previous Owner | Grove Betty F | $359,650 | |
| Previous Owner | Grove Betty F | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2022 02/04/22 | Sold | $6,400,000 | -5.2% | $1,691 / Sq Ft |
| 01/16/2022 01/16/22 | For Sale | $6,750,000 | +68.8% | $1,784 / Sq Ft |
| 05/17/2021 05/17/21 | Sold | $4,000,000 | 0.0% | $1,011 / Sq Ft |
| 05/17/2021 05/17/21 | Sold | $4,000,000 | +9900.0% | $1,011 / Sq Ft |
| 04/17/2021 04/17/21 | Pending | -- | -- | -- |
| 03/19/2021 03/19/21 | Rented | $40,000 | 0.0% | -- |
| 02/26/2021 02/26/21 | For Sale | $4,000,000 | +13233.3% | $1,011 / Sq Ft |
| 02/25/2021 02/25/21 | Pending | -- | -- | -- |
| 02/17/2021 02/17/21 | Under Contract | -- | -- | -- |
| 01/13/2021 01/13/21 | For Rent | $30,000 | 0.0% | -- |
| 06/22/2020 06/22/20 | For Sale | $3,895,000 | +380.9% | $984 / Sq Ft |
| 07/13/2018 07/13/18 | Sold | $810,000 | -7.4% | $323 / Sq Ft |
| 06/13/2018 06/13/18 | Pending | -- | -- | -- |
| 02/02/2018 02/02/18 | For Sale | $875,000 | -- | $349 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $139,421 | $6,769,508 | -- | -- |
| 2023 | $126,888 | $6,154,098 | $1,919,340 | $4,234,758 |
| 2022 | $62,895 | $2,978,932 | $0 | $0 |
| 2021 | $46,318 | $2,174,349 | $725,000 | $1,449,349 |
| 2020 | $13,182 | $600,000 | $600,000 | $0 |
| 2019 | $12,851 | $575,000 | $575,000 | $0 |
| 2018 | $4,369 | $229,893 | $0 | $0 |
| 2017 | $4,298 | $225,165 | $0 | $0 |
| 2016 | $4,282 | $220,534 | $0 | $0 |
| 2015 | $4,363 | $219,001 | $0 | $0 |
| 2014 | $4,370 | $217,263 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Carol Sollak
C
Seller's Agent in 2022
Carol Sollak
Engel & Volkers Wellington
(561) 818-9476
3 in this area
142 Total Sales
-
Horst Hohl
H
Buyer's Agent in 2022
Horst Hohl
One Sotheby's International Re
(561) 309-4012
1 in this area
37 Total Sales
-
Tommy Holmes
Seller's Agent in 2021
Tommy Holmes
Illustrated Properties
(203) 570-0026
2 in this area
22 Total Sales
-
T
Seller's Agent in 2021
THOMAS HOLMES
Illustrated Properties LLC PB
-
Mary Hockman
M
Buyer's Agent in 2021
Mary Hockman
Compass Florida LLC (PB)
(561) 818-0009
8 Total Sales
-
Rachel Tessoff
R
Seller's Agent in 2018
Rachel Tessoff
Sotheby's Intl. Realty, Inc.
(561) 654-7449
3 in this area
115 Total Sales
Map
Source: BeachesMLS
MLS Number: R10770277
APN: 74-43-43-34-01-008-0270
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.
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
- 241 Almeria Rd
- 2728 S Olive Ave
- 233 Almeria Rd
- 2714 S Olive Ave
- 227 Almeria Rd
- 232 Belmonte Rd
- 230 Almeria Rd
- 228 Almeria Rd
- 2700 Federal Hwy Unit 507
- 2700 Federal Hwy Unit 201
- 2700 Federal Hwy Unit 202
- 225 Almeria Rd
- 224 Belmonte Rd
- 2715 S Olive Ave
- 226 Almeria Rd
- 2739 S Olive Ave
- 235 Dyer Rd Unit Treeehouse
- 235 Dyer Rd Unit B
- 235 Dyer Rd Unit A
- 235 Dyer Rd Unit Treehouse