NOT LISTED FOR SALE

245 Valencia Rd West Palm Beach, FL 33401

El Cid Neighborhood

Estimated Value: $6,973,000 - $8,644,552

4 Beds
3.5 Baths
4,358 Sq Ft
$1,834/Sq Ft Est. Value

Last Sold March 03, 2014

Last sale price $2,250,000 $516 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $46,759/month

107 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Home Theater
  • 26,700 Sq Ft lot
  • Palm Beach Public School Rated A-
  • Garage Apartment
  • Fruit Trees

About This Home

As of March 2014

The most significant Mediterranean style Historic Waterfront Home in El Cid with over 5,000 square feet of architectural splendor from the bygone era of the roaring 1920's. The property is located on a 1/2 acre plus corner lot facing the Intracoastal Waterway with 140' of frontage. The entry foyer is stunning with stone block walls, quarry tile floors, radius top wooden double entry door, radius top stone cased openings and wrought iron four landing stairway. A wood paneled library is tucked behind a marvelous step down powder room. The family room has beautiful pecky cypress ceilings and five sets of French doors opening out to a large open patio with fabulous views of the Intracoastal waterway across the massive front lawn. The formal living room has a stone fireplace and French doors.

Last Agent to Sell the Property

STEPHEN SIMPSON

William Raveis Real Estate License #3085739 Listed on: 10/16/2013

William Raveis Real Estate

Last Buyer's Agent

STEPHEN SIMPSON

William Raveis Real Estate License #3085739 Listed on: 10/16/2013

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,230

Year Built

  • Built in 1925

Lot Details

  • 0.61 Acre Lot
  • Property fronts an intracoastal waterway
  • Corner Lot
  • Irregular Lot
  • Sprinkler System
  • Fruit Trees
  • Property is zoned SF14

Parking

  • 2 Car Detached Garage
  • Garage Apartment
  • Garage Door Opener
  • Open Parking

Property Views

  • Intracoastal
  • Garden

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Frame Construction

Interior Spaces

  • 4,358 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Casement Windows
  • French Doors
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Open Patio
  • Porch

Utilities

  • Cooling Available
  • Zoned Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • El Cid Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434327210090271

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,230

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Flagler to Valencia
  • Year Built: 1925
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Pantry, Vaulted Ceiling(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 4358.0
  • Dining Room Type: Family Room, Garage Apartment, In-Law Suite, Laundry, Media Room, Storage Room
  • Stories: 2
  • Window Features: Casement Window(s)

Exterior Features

  • Exterior Features: Fruit Trees, Porch, Patio, Room For Pool
  • View: Garden, Intercoastal, Water
  • Lot Features: Corner Lot, Irregular Lot, Sprinklers Automatic, Sprinkler System
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Frame
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Open, Patio, Porch
  • Roof: Barrel

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights, Sidewalks
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434327210090271
  • Lot Size Sq Ft: 26700.0
  • Zoning Description: SF14
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 19230.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2020
Sold by
Hayes Theo T
Bought by
Hayes Theo T and Theo T Hayes Trust
Current Estimated Value
$7,994,388

Purchase Details

Listed on
Oct 16, 2013
Closed on
Mar 3, 2014
Sold by
Anderson James W and James W Anderson Iii Revocable
Bought by
Hayes Stephen A
Seller's Agent
STEPHEN SIMPSON
William Raveis Real Estate
Buyer's Agent
STEPHEN SIMPSON
William Raveis Real Estate
List Price
$2,295,000
Sold Price
$2,250,000
Premium/Discount to List
-$45,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%
Original Mortgage
$500,000
Outstanding Balance
$374,145
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$7,435,183

Purchase Details

Closed on
Sep 28, 2005
Sold by
Anderson James W and Anderson Marie T
Bought by
Anderson James W
Source: Public Records

Range of Values:

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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
Hayes Theo T -- Attorney
Hayes Stephen A $2,250,000 Attorney
Anderson James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Stephen A $500,000
Previous Owner Anderson James W $900,000
Previous Owner Anderson James W $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2014 03/03/14 Sold $2,250,000 -2.0% $516 / Sq Ft
02/01/2014 02/01/14 Pending -- -- --
10/16/2013 10/16/13 For Sale $2,295,000 -- $527 / 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 $54,488 $2,691,999 -- --
2023 $53,262 $2,613,591 $0 $0
2022 $52,971 $2,537,467 $0 $0
2021 $53,026 $2,463,560 $0 $0
2020 $52,828 $2,429,546 $0 $0
2019 $52,112 $2,374,923 $0 $0
2018 $49,186 $2,302,943 $0 $0
2017 $48,799 $2,255,576 $0 $0
2016 $48,814 $2,209,183 $0 $0
2015 $49,816 $2,193,826 $0 $0
2014 $19,575 $873,363 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    STEPHEN SIMPSON

    William Raveis Real Estate

    (561) 262-6263

    12 in this area

    45 Total Sales

    STEPHEN SIMPSON
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Map

Source: BeachesMLS

MLS Number: R9986114

BeachesMLS

APN: 74-43-43-27-21-009-0271

Florida Palm Beach County West Palm Beach 33401 El Cid

245 Valencia Rd, West Palm Beach, FL

This home is located at 245 Valencia Rd, West Palm Beach, FL 33401 since 16 October 2013 and is currently estimated at $7,994,388, approximately $1,834 per square foot. This property was built in 1925. 245 Valencia Rd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill 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.

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