NOT LISTED FOR SALE

244 Palmo Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $9,453,000 - $12,024,288

6 Beds
5.5 Baths
5,283 Sq Ft
$2,036/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $4,900,000 $928 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $66,639/month

333 Days on Market

Highlights

  • Concrete Pool
  • Garage Apartment
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Atrium Room
  • Breakfast Area or Nook

About This Home

As of April 2019

JAMAICAN STYLE PARADISE ON 20,000 SQ. FT. LOT , HOUSE HAS 6 BEDROOMS 5 BATHS ,LARGE MASTER SUITE WITH HUGE BALCONY OVERLOOKS LARGE BACK YARD WITH POOL AND SPA SURROUNDED BY MATURE PLANTS AND TREES. DINING ROOM ,LIVING ROOM AND LARGE FAMILY ROOM ALL HAVE FRENCH DOORS OPENING TO LARGE LANAI.

Last Agent to Sell the Property

Harold Paull, Jr.

Brown Harris Stevens of PB License #3259710 Listed on: 05/01/2018

Brown Harris Stevens of PB

Last Buyer's Agent

Dana Koch

The Corcoran Group License #3027862

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,742

Year Built

  • Built in 1991

Lot Details

  • 0.46 Acre Lot
  • Fenced
  • Property is zoned R-B(ci

Parking

  • 2 Car Attached Garage
  • Garage Apartment
  • Garage Door Opener
  • Driveway

Home Design

  • Frame Construction
  • Shake Roof
  • Wood Roof

Interior Spaces

  • 5,283 Sq Ft Home
  • 2-Story Property
  • Bar
  • Decorative Fireplace
  • Single Hung Metal Windows
  • Sliding Windows
  • Wood Frame Window
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Atrium Room
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Closet Cabinetry
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Concrete Pool
  • Balcony
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434303040000120

Community Details

Overview

  • Palm Beach Subdivision

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,742

Year Built

Built in 1991

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 on North Ocean Blvd, take a left onto Palmo Way.
  • Year Built: 1991
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Kitchen/Dining Combo, Pantry, Separate Shower, Bar, Atrium
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 5283.0
  • Dining Room Type: Atrium, Family Room, Florida Room, Garage Apartment, Laundry, Storage Room
  • Stories: 2
  • Window Features: Single Hung, Sliding, Wood Frames

Exterior Features

  • Exterior Features: Balcony, Fence, Porch, Patio
  • Pool Features: Concrete, Pool, Association, Community
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Frame
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Balcony, Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Shake, Wood

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Pool, Spa/Hot Tub
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434303040000120
  • Lot Size: 100.0 ft x 0.0 ft
  • Lot Size Sq Ft: 20050.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 62742.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Apr 10, 2019
Sold by
The George F Merck Seven Year Qualified
Bought by
Emmer Curtis D
Seller's Agent
Harold Paull, Jr.
Brown Harris Stevens of PB
Buyer's Agent
Dana Koch
The Corcoran Group
List Price
$6,500,000
Sold Price
$4,900,000
Premium/Discount to List
-$1,600,000
-24.62%
Total Days on Market
333
Current Estimated Value
$10,755,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,855,763
Avg. Annual Appreciation
13.76%
Original Mortgage
$3,000,000
Outstanding Balance
$2,601,254
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$8,154,509

Purchase Details

Closed on
Oct 2, 2012
Sold by
Merck George F
Bought by
Merck Antony M
Source: Public Records

Similar Homes in Palm Beach, FL

  • 360 Seaspray Ave, Palm Beach, FL 33480

    $9,495,000

    • 4 Beds
    • 6 Baths
    • 3,240 Sq Ft
    • 360 Seaspray Ave
    • Palm Beach, FL

    Welcome to 360 Seaspray, a quintessential Palm Beach family home in the highly desired ''Sea Streets''. Perfect in town location just steps to the beach, trail, schools and shopping. After a meticulous two year gut renovation, every detail is updated and modernized! The generous primary suite has wood floors, vaulted ceiling, den and separate his/hers bathrooms. Other special features include

    Justin Besikof Linda R. Olsson Inc.

    Section Image
  • 214 List Rd, Palm Beach, FL 33480

    $9,100,000

    • 5 Beds
    • 5 Baths
    • 4,003 Sq Ft
    • 214 List Rd
    • Palm Beach, FL

    Prime location, Bermuda style home on a royal palm-lined street on the North End of Palm Beach with a large lot, with rear access from Via Marila, and just two houses from the beach. The property features a pool surrounded by tropical landscaping, an updated kitchen with marble countertops, formal dining room, and an open floor plan for entertaining with wet bar.

    Crista Ryan Tina Fanjul Associates, Inc.

    Section Image
  • 1435 N Ocean Way, Palm Beach, FL 33480

    $10,995,000

    • 4 Beds
    • 5 Baths
    • 3,279 Sq Ft
    • 1435 N Ocean Way
    • Palm Beach, FL

    Ideally located on a quiet north end street in Palm Beach, this beautifully renovated home features 3,803+\- total square feet with 4 bedrooms, and 4 and one half baths. The property features a pathway, accessible from the side yard, that leads to a private beach access. The main residence had an extensive 21 month total renovation with new impact windows, new appliances, new hardwood floors,

    Todd Peter Sotheby's International Realty, Inc.

    Section Image
  • 937 N Lake Way, Palm Beach, FL 33480

    $11,900,000

    • 4 Beds
    • 5 Baths
    • 3,533 Sq Ft
    • 937 N Lake Way
    • Palm Beach, FL

    Totally renovated to perfection in 2024, this Northend 4/4.1 surrounds the loveliest pool/patio and has a special free flowing floor plan. Quality light and bright finishes abound plus impact windows and doors, new kitchen, baths and appliances. The living room has a very high beamed ceiling with great scale and all of the rooms are well proportioned. Two car garage. Walk across the street

    Dana Koch The Corcoran Group

    Section Image
  • 295 Bahama Ln, Palm Beach, FL 33480

    $9,850,000

    • 4 Beds
    • 6 Baths
    • 3,980 Sq Ft
    • 295 Bahama Ln
    • Palm Beach, FL

    Elegant home for sale in north end. This four bedroom, five bath house features a ground floor primary bedroom with separate bathrooms, formal living room, library/den, pool, two car garage and serene garden area for relaxing or entertaining. Home was decorated with all new furnishings by renowned interior designer. House is rented for next season -November 1, 2025 until May 31, 2026.

    Judge Moss Sotheby's International Realty, Inc.

    Section Image
  • 230 Plantation Rd, Palm Beach, FL 33480

    $7,950,000

    • 5 Beds
    • 5 Baths
    • 2,821 Sq Ft
    • 230 Plantation Rd
    • Palm Beach, FL

    Charming and cheery pool home on quiet north end street. This quintessential Palm Beach family home offers generous living spaces, comfortable layout and great light. Spacious living areas include formal living room, dining room, family room. Five bedrooms (fifth bedroom has no closet but has built-in cabinets). Great flow for indoor/outdoor entertaining. Move-in ready, recent updates

    Beth Cole The Corcoran Group

    Section Image
  • 361 Crescent Dr, Palm Beach, FL 33480

    $11,500,000

    • 5 Beds
    • 5 Baths
    • 4,318 Sq Ft
    • 361 Crescent Dr
    • Palm Beach, FL

    Located 1 block from Palm Beach's pristine sands & scenic Lake Trail. The 1947 Colonial-style home renovated in 2014 w/Hollywood Regency flair features a formal foyer, wood staircase, living room w fireplace, formal dining room, original plaster moldings, library w/wood ceilings open to garden & pool, a gourmet kitchen equipped w/custom cabinetry, Wolf gas range, Sub-Zero fridge & butler's pantry

    Susana Diaz Martinez Cervera Real Estate, Inc.

    Section Image
  • 224 Atlantic Ave, Palm Beach, FL 33480

    $10,495,000

    • 4 Beds
    • 5 Baths
    • 3,744 Sq Ft
    • 224 Atlantic Ave
    • Palm Beach, FL

    This modern in-town residence spans over 6,428 square feet and offers four bedrooms, four and a half bathrooms, and ARCOM-approved plans to enclose the garage. The living room features floor-to-ceiling windows and a balcony overlooking the expansive south-facing gas heated pool, lush green space, and dining terrace. The kitchen is equipped with Wolf/Sub Zero appliances, a wet bar, and a butler's

    Todd Peter Sotheby's International Realty, Inc.

    Section Image
  • 165 Seminole Ave, Palm Beach, FL 33480

    $9,995,000

    • 4 Beds
    • 5 Baths
    • 3,410 Sq Ft
    • 165 Seminole Ave
    • Palm Beach, FL

    Fabulous Ocean Block, CBS construction, 4 Bed/4.5 BA single story home in move-in condition with soaring 11 ft ceilings, two car garage, and pool. Situated on a oversized high elevation (10+ ft.) lot in the best location in town... Walk to Houses of Worship, Restaurants, Shops, The Breakers, and the Beach. Just move in and enjoy, renovate, or built new.

    Linda R Olsson Linda R. Olsson Inc.

    Section Image
See All Homes in Palm Beach

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
Emmer Curtis D $4,900,000 Attorney
Merck Antony M -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emmer Curtis D $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $4,900,000 -24.6% $928 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
05/01/2018 05/01/18 For Sale $6,500,000 -- $1,230 / 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 $75,143 $4,995,634 -- --
2023 $73,546 $4,850,130 $0 $0
2022 $73,670 $4,708,864 $0 $0
2021 $74,971 $4,571,713 $0 $0
2020 $75,127 $4,508,593 $0 $0
2019 $80,241 $5,221,351 $3,338,325 $1,883,026
2018 $72,359 $5,037,230 $3,338,325 $1,698,905
2017 $62,742 $3,897,197 $2,839,523 $1,057,674
2016 $60,297 $3,214,943 $0 $0
2015 $56,902 $2,922,675 $0 $0
2014 $51,444 $2,656,977 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2019

    Harold Paull, Jr.

    Brown Harris Stevens of PB

    (561) 312-5755

    2 Total Sales

    Harold Paull, Jr.
    Section Image
  • Dana Koch

    Buyer's Agent in 2019

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    74 in this area

    236 Total Sales

    Dana Koch
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10427791

BeachesMLS

APN: 50-43-43-03-04-000-0120

Florida Palm Beach County Palm Beach 33480 North End

244 Palmo Way, Palm Beach, FL

This home is located at 244 Palmo Way, Palm Beach, FL 33480 since 01 May 2018 and is currently estimated at $10,755,763, approximately $2,035 per square foot. This property was built in 1991. 244 Palmo Way is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes 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