NOT LISTED FOR SALE

245 Pendleton Ave Palm Beach, FL 33480

Estimated Value: $7,942,000 - $10,571,528

6 Beds
5.5 Baths
4,444 Sq Ft
$2,017/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $3,450,000 $776 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $51,347/month

67 Days on Market

Highlights

  • Gunite Pool
  • Golf Course View
  • No HOA
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Formal Dining Room

About This Home

As of May 2018

Stunning long golf course views provide a unique backdrop to this gracious in-town Monterey-style pool home. 6 bright bedrooms and 5 bathrooms plus a large 1-bedroom 1-bath guesthouse with unobstructed views make this exceptional property a must-see.
Easy beach and Lake Trail access are hallmarks of this highly desirable Palm Beach location.

Last Agent to Sell the Property

Clive Stuart-Findlay

Sotheby's Intl. Realty, Inc. License #674286 Listed on: 01/04/2018

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Christine Gibbons

Sotheby's Intl. Realty, Inc. License #682260

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,083

Year Built

  • Built in 1946

Lot Details

  • 9,589 Sq Ft Lot
  • South Facing Home
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Property Views

  • Golf Course
  • Garden

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 4,444 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Decorative Fireplace
  • Awning
  • Single Hung Metal Windows
  • Blinds
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Gunite Pool
  • Balcony
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Reverie Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434322010010101

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,083

Year Built

Built in 1946

Lot Details

9,589 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Cocoanut Row to Pendleton Avenue. East on Pendleton Avenue to 245 [on left].
  • Year Built: 1946
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Multiple En Suite Bathrooms, Pantry, Storage, Separate Shower, Tub Shower, Upper Level Primary, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Entry Location: Entry Level Living Area Y
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 4444.0
  • Stories: 2
  • Window Features: Blinds, Drapes, Metal, Other, Single Hung, Sliding

Exterior Features

  • Exterior Features: Awning(s), Balcony, Outdoor Living Area
  • View: Golf Course, Garden
  • Lot Features: Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Features: Gunite, In Ground
  • Pool Private: Yes
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Builder Name: Other
  • Construction Type: Brick, Block
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio, Balcony
  • Property Condition: Resale
  • Roof: Concrete, Tile

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Security: Security System Owned, Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434322010010101
  • Lot Size Acres: 0.22
  • Lot Size: 86.0 ft x 111.0 ft
  • Lot Size Sq Ft: 9583.2
  • Mobile Dim Units: Feet
  • Zoning: R-B

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 16083.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2021
Sold by
245 Pendleton Llc
Bought by
Jones Timothy M and Cardelus Annie M
Current Estimated Value
$8,374,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$49,772
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$8,911,610

Purchase Details

Listed on
Jan 4, 2018
Closed on
May 8, 2018
Sold by
Munsell Victoria Tilney and Tilney Schuyler Merritt
Bought by
245 Pendleton Llc
Seller's Agent
Clive Stuart-Findlay
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Christine Gibbons
Sotheby's Intl. Realty, Inc.
List Price
$4,100,000
Sold Price
$3,450,000
Premium/Discount to List
-$650,000
-15.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.93%
Original Mortgage
$1,200,000
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 4, 2018
Closed on
May 2, 2018
Sold by
Munsell Victoria Tilney and Estate Of Kane M Tilney
Bought by
245 Pendleton Llc
Seller's Agent
Clive Stuart-Findlay
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Christine Gibbons
Sotheby's Intl. Realty, Inc.
List Price
$4,100,000
Sold Price
$3,450,000
Premium/Discount to List
-$650,000
-15.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.44%
Mortgage Type
Commercial
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Jones Timothy M -- Attorney
245 Pendleton Llc -- Attorney
245 Pendleton Llc $3,450,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Timothy M $1,400,000
Previous Owner 245 Pendleton Llc $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2018 05/14/18 Sold $3,450,000 -15.9% $776 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $4,100,000 -- $923 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $87,571 $6,021,562 -- --
2024 $87,571 $5,851,858 -- --
2023 $85,760 $5,681,416 $0 $0
2022 $85,907 $5,515,938 $0 $0
2021 $48,048 $2,892,975 $2,400,000 $492,975
2020 $46,487 $2,752,372 $2,100,000 $652,372
2019 $43,371 $2,509,986 $2,100,000 $409,986
2018 $16,102 $960,995 $0 $0
2017 $16,083 $941,229 $0 $0
2016 $15,504 $921,870 $0 $0
2015 $16,024 $915,462 $0 $0
2014 $16,104 $908,196 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10393313

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-22-01-001-0101

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