NOT LISTED FOR SALE

245 Queens Ln Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $6,786,000 - $7,949,000

4 Beds
4 Baths
3,393 Sq Ft
$2,181/Sq Ft Est. Value

Last Sold November 25, 2013

Last sale price $2,475,000 $729 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $44,629/month

Highlights

  • Outdoor Pool
  • Marble Flooring
  • Lanai
  • Palm Beach Public School Rated A-
  • Traditional Architecture
  • Balcony

About This Home

As of December 2019

Available Immediately! This Queens Lane property is a two story Monterey style home available immediately for and annual furnished lease. The house was built in 2006 and has 4 bedrooms and 4 bathrooms upstairs. There is a beautiful state-of-the-art gourmet kitchen with a separate dining room and living room. All windows are impact and the house is very clean and in excellent condition-stained oak floors.A

Last Agent to Rent the Property

Christine Gibbons

Sotheby's International Realty, Inc. License #682260 Listed on: 11/20/2019

Sotheby's International Realty, Inc.

Last Renter's Agent

BETSY FRY

THE FITE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,755

Year Built

  • Built in 2006

Lot Details

  • South Facing Home
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,393 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System
  • No Utilities
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $15,000
  • 12 Month Lease Term
  • Seasonal Lease Term
  • Assessor Parcel Number 50434303120000210

Community Details

Overview

  • Front Yard Maintenance
  • Palm Beach Shores Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Pool Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,755

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential Lease
  • Subdivision Name: Palm Beach Shores
  • Directions: North Lake Way to Queens
  • Architectural Style: Traditional, Two Story
  • Building Name: N/A
  • Year Built: 2006
  • Location Tax Legal:Name of Building: N/A
  • General Property Description:Living Area: 3393.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Style:Two Story: Yes
  • Contract Information:Deposit Amount: 15000.0
  • Pets:Pets Allowed: Yes
  • Utilities Included:None Included: Yes
  • Lease Type:Annual: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Laundry:Laundry in Bldg: Yes
  • Services Included:Yard Services: Yes
  • Lease Type:Seasonal: Yes
  • Services Included:Pool Services: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Gas, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble, Tile
  • Interior Amenities: Cable, Fireplace, Wet Bar, Smoke Alarms, Pantry
  • Living Area: 3393.0
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Fireplace: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Smoke Alarms2: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water
  • Pool Private: Yes
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Sprinkler System
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_two_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Bldg
  • Security: Security System
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Amenities: Pool Services, Yard Services

Lot Info

  • Parcel #: 50434303120000210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2021
Sold by
245 Queens Lane Llc
Bought by
Pensabene Gregory M and The Gregory M Pensabene Revoca
Current Estimated Value
$7,399,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,680,847
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$4,719,098

Purchase Details

Listed on
Sep 30, 2013
Closed on
Nov 22, 2013
Sold by
Leever Julie A
Bought by
245 Queens Lane Llc
Seller's Agent
SUZANNE FRISBIE
The Corcoran Group
Buyer's Agent
Christine Gibbons
Sotheby's International Realty, Inc.
List Price
$2,475,000
Sold Price
$2,475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$1,608,750
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 25, 2009
Sold by
Virtualbank
Bought by
Leever Julie Ann

Purchase Details

Closed on
Aug 31, 2009
Sold by
Macari Stephen J and Macari Lori S
Bought by
Virtualbank

Purchase Details

Closed on
Nov 4, 2004
Sold by
Friedman William S
Bought by
Macari Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2003
Sold by
Eps Corp
Bought by
Friedman William S

Purchase Details

Closed on
May 17, 2002
Sold by
Maass Harold G and Maass Nancy A
Bought by
Eps Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.12%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pensabene Gregory M $4,300,000 Attorney
245 Queens Lane Llc $2,475,000 Attorney
Leever Julie Ann $1,850,000 Attorney
Virtualbank -- Attorney
Macari Stephen J $1,000,000 --
Friedman William S $760,000 --
Eps Corp $612,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pensabene Gregory M $3,000,000
Previous Owner 245 Queens Lane Llc $1,608,750
Previous Owner Macari Stephen J $1,500,000
Previous Owner Eps Corp $400,000
Closed Eps Corp $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2019 11/20/19 Rented $181,250 0.0% --
11/20/2019 11/20/19 For Rent $181,250 +1294.2% --
07/20/2016 07/20/16 Rented $13,000 0.0% --
06/20/2016 06/20/16 Under Contract -- -- --
03/30/2016 03/30/16 For Rent $13,000 -91.7% --
04/24/2015 04/24/15 Rented $156,000 0.0% --
03/25/2015 03/25/15 Under Contract -- -- --
11/21/2014 11/21/14 For Rent $156,000 +1633.3% --
03/30/2014 03/30/14 Rented $9,000 0.0% --
02/28/2014 02/28/14 Under Contract -- -- --
11/26/2013 11/26/13 For Rent $9,000 0.0% --
11/25/2013 11/25/13 Sold $2,475,000 0.0% $804 / Sq Ft View Prior Sale
11/04/2013 11/04/13 Pending -- -- --
09/30/2013 09/30/13 For Sale $2,475,000 -- $804 / 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 $64,755 $4,330,642 -- --
2023 $63,400 $4,204,507 $0 $0
2022 $63,504 $4,082,046 $0 $0
2021 $49,615 $3,000,489 $1,646,880 $1,353,609
2020 $50,961 $3,038,330 $1,530,320 $1,508,010
2019 $47,332 $2,755,515 $1,391,200 $1,364,315
2018 $42,536 $2,553,344 $1,391,200 $1,162,144
2017 $41,537 $2,439,345 $1,425,076 $1,014,269
2016 $41,813 $2,418,829 $0 $0
2015 $39,950 $2,198,935 $0 $0
2014 $36,449 $1,999,032 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2019

    Christine Gibbons

    Sotheby's International Realty, Inc.

    (561) 758-5402

    10 in this area

    53 Total Sales

    Christine Gibbons
    Section Image

  • B

    Tenant's Agent in 2019

    BETSY FRY

    THE FITE GROUP

  • P

    Buyer's Agent in 2016

    PATRICIA MAHANEY

    COLDWELL BANKER RESIDENTIAL REAL ESTATE

  • A

    Buyer's Agent in 2015

    ALLISON WREN

    Premier Estate Properties, Inc. - Palm Beach

  • S

    Seller's Agent in 2013

    SUZANNE FRISBIE

    The Corcoran Group

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-2285

APN: 50-43-43-03-12-000-0210

Florida Palm Beach County Palm Beach 33480 North End

245 Queens Ln, Palm Beach, FL

This home is located at 245 Queens Ln, Palm Beach, FL 33480 since 20 November 2019 and is currently priced at $7,399,945. This property was built in 2006. 245 Queens Ln 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.

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