NOT LISTED FOR SALE

241 El Vedado Rd Palm Beach, FL 33480

Estimated Value: $8,672,000 - $14,996,283

5 Beds
6 Baths
6,651 Sq Ft
$1,779/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $9,785,000 $1,471 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $82,556/month

224 Days on Market

Highlights

  • Home Theater
  • Gas Heated Pool
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Waterfront
  • Regency Architecture

About This Home

As of March 2021

A beautifully renovated neo-classical revival mansion in move-in condition. Elegant spacious rooms with four family/ guest rooms plus staff accommodations. Large kitchen with butler's pantry and many tastefully appointed improvements.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 07/01/2020

Last Buyer's Agent

SUZANNE FRISBIE

MCCANN COYNER CLARKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $117,519

Year Built

  • Built in 1935

Lot Details

  • 0.44 Acre Lot
  • Waterfront
  • Home has sun exposure from multiple directions
  • Sprinkler System
  • Property is zoned RA

Home Design

  • Regency Architecture
  • Asphalt Shingled Roof
  • Asphalt Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,651 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Sound System
  • Ceiling Fan
  • Dining Room
  • Home Theater
  • Library

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Gas Range
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Gas Heated Pool
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 50434326000020240

Home Details

Home Type

Single Family

Est. Annual Taxes

$117,519

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Lot Size: 120
  • Subdivision Name: N/A
  • Architectural Style: Regency, Two Story
  • Garage Yn: Yes
  • Year Built: 1935
  • Location Tax Legal:Zoned: RA
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 117519.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 6651.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 120
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 19166
  • Roof:Asphalt Shingle: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Exposure:West: Yes
  • Pool:Salt Water: Yes
  • Style:Regency: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Range-Gas, Oven-Double, Oven-Convection, Microwave, Washer, Dryer, Central Vac System
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble
  • Interior Amenities: Bidet, Cable, Ceiling Fan, Elevator, Sound System, Smoke Detectors, Wndw Trmnts Included, Pantry
  • Living Area: 6651.0
  • Window Features: Impact Glass-Full
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Bidet: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes
  • Interior Features:Sound System: Yes
  • Other Rooms:Media Room: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Salt Water, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Sprinkler System, Satellite Dish
  • Roof: Asphalt, Other
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Satellite Dish: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached, Air Conditioned, Door Opener
  • Garage: Yes
  • Garage:_two_ Car: Yes
  • Garage:Air Conditioned: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 19166.0
  • Parcel #: 50434326000020240
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 117519.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Mar 26, 2021
Sold by
Roberts Paul G and Boston Palm Land Trust
Bought by
Srs Realty Group Inc
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
SUZANNE FRISBIE
MCCANN COYNER CLARKE
List Price
$9,785,000
Sold Price
$9,785,000
Current Estimated Value
$11,834,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,049,142
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Feb 11, 2013
Sold by
Doelger Peter W and Doelger Yoon K
Bought by
Roberts Paul G and The Boston Palm Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2012
Sold by
Landry Dana E and Moody William F X
Bought by
Doelger Peter W and Doelger Yoon K

Purchase Details

Closed on
Sep 2, 2008
Sold by
Sinclair Christopher A and Sinclair Margaret D
Bought by
Moody William F X and Landry Dana E

Purchase Details

Closed on
Feb 7, 2005
Sold by
Kelly Michael M and Kelly Edward J
Bought by
Sinclair Christopher A and Sinclair Margaret D

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
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 1999
Sold by
Tremain Anita
Bought by
Kelly Michael M and Kelly Edward J
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
Srs Realty Group Inc $9,785,000 Attorney
Roberts Paul G -- Attorney
Doelger Peter W $7,280,000 Gold Coast Title Co Svcs Inc
Moody William F X $8,200,000 Attorney
Sinclair Christopher A $6,110,000 --
Kelly Michael M $2,650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts Paul G $4,000,000
Previous Owner Moody William F X $750,000
Previous Owner Moody William F X $3,800,000
Previous Owner Sinclair Christopher A $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $9,785,000 0.0% $1,471 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
07/01/2020 07/01/20 For Sale $9,785,000 -- $1,471 / 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 $204,112 $13,200,000 -- --
2023 $188,868 $12,492,568 $10,231,650 $2,260,918
2022 $187,257 $11,999,896 $0 $0
2021 $113,100 $6,882,338 $5,500,000 $1,382,338
2020 $117,519 $7,540,434 $5,400,000 $2,140,434
2019 $109,130 $6,843,675 $5,250,000 $1,593,675
2018 $93,993 $5,929,609 $4,894,888 $1,034,721
2017 $84,854 $5,010,559 $3,979,584 $1,030,975
2016 $99,224 $5,758,917 $0 $0
2015 $100,078 $5,576,764 $0 $0
2014 $94,549 $5,200,863 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-1119

APN: 50-43-43-26-00-002-0240