NOT LISTED FOR SALE

245 Pendleton Ave Palm Beach, FL 33480

Estimated Value: $7,617,000 - $11,541,681

6 Beds
5.5 Baths
4,444 Sq Ft
$2,071/Sq Ft Est. Value

Last Sold May 14, 2018

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

Est. 160% increase in value since last sale

Current estimated payment $53,832/month

67 Days on Market

Highlights

  • On Golf Course
  • Above Ground Pool
  • 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.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,083

Year Built

  • Built in 1946

Lot Details

  • On Golf Course
  • 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
  • Double Hung Metal Windows
  • Blinds
  • Sliding Windows
  • Wood Frame Window
  • French Doors
  • Entrance Foyer
  • Formal Dining Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

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

  • Above Ground 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

0

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, French Door(s)/Atrium Door(s), Multiple En Suite Bathrooms, Pantry, 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
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile, Wood
  • Living Area: 4444.0
  • Stories: 2
  • Window Features: Blinds, Double Hung, Drapes, Metal, Other, Single Hung, Sliding, Wood Frames

Exterior Features

  • Exterior Features: Awning(s), Outdoor Living Area
  • View: Golf Course, Garden
  • Lot Features: On Golf Course, Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Features: Above Ground, 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: Balcony, Covered, Patio
  • Property Condition: Resale
  • Roof: Concrete, Tile

Garage/Parking

  • 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
  • Association: No

Lot Info

  • Parcel #: 50434322010010101
  • Lot Size: 86.0 ft x 111.0 ft
  • 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
$8,961,382

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
$9,152,898

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
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
13.65%
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
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 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
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

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10393313

BeachesMLS (Greater Fort Lauderdale)

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

Florida Palm Beach County Palm Beach 33480

245 Pendleton Ave, Palm Beach, FL

Not Listed for Sale

Detached

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