NOT LISTED FOR SALE

250 Pendleton Ave Palm Beach, FL 33480

Estimated Value: $7,380,000 - $12,382,776

6 Beds
6.5 Baths
4,463 Sq Ft
$2,159/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $6,600,000 $1,479 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $61,173/month

35 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Den
  • Palm Beach Public School Rated A-
  • Furnished
  • Fireplace

About This Home

As of March 2021

Elegant, pristine and furnished In-Town British Colonial home designed by Gustav Maass. Beautifully detailed with many original architectural details and adorned with perfectly scaled exterior landscaping. The home lives causally for today's lifestyle and can easily accommodate formal entertaining both inside and out. Interiors by McCann Design Group. Recent renovations include: brand new roof, renovated baths, living room including fireplace & surround, new French doors, renovated pool with added spa, sound system, upgraded HVAC and more.

Last Agent to Sell the Property

JIM McCANN

Premier Estate Properties, Inc License #397290 Listed on: 01/15/2021

Last Buyer's Agent

Dana Koch

The Corcoran Group License #3027862

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,992

Year Built

  • Built in 1931

Lot Details

  • 7,723 Sq Ft Lot
  • Property is zoned RB

Parking

  • 1 Car Garage

Home Design

  • Flat Roof Shape
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 4,463 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Fireplace
  • French Doors
  • Florida or Dining Combination
  • Den

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Reverie In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434322010020111

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,992

Year Built

Built in 1931

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Royal Park (Okeechobee) Bridge to Cocoanut Row- go south to Pendleton - 1 way going east
  • Year Built: 1931
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Eat-in Kitchen, Family/Dining Room, French Door(s)/Atrium Door(s), Fireplace, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 4463.0
  • Dining Room Type: Den
  • Stories: 2

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete, Flat, Tile

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434322010020111
  • Lot Size Sq Ft: 7723.0
  • Zoning Description: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 53992.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2023
Sold by
Bailey Point Holdings Llc
Bought by
Wermuth David J and Kroman Jennifer
Current Estimated Value
$9,637,444

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 16, 2021
Sold by
Halpern John D and Halpern Katherine C
Bought by
Bailey Point Holdings Llc
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc
Buyer's Agent
Dana Koch
The Corcoran Group
List Price
$7,400,000
Sold Price
$6,600,000
Premium/Discount to List
-$800,000
-10.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%

Purchase Details

Listed on
Apr 17, 2015
Closed on
Oct 14, 2015
Sold by
Jankowsky Joel and Jankowsky Carol
Bought by
Halpern John D
Seller's Agent
Nancy Mendel
Tina Fanjul Associates, Inc.
Buyer's Agent
Christine Gibbons
Sotheby's Intl. Realty, Inc.
List Price
$4,700,000
Sold Price
$4,450,000
Premium/Discount to List
-$250,000
-5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$3,000,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 31, 2009
Sold by
Ceriale John
Bought by
Jankowsky Joel

Purchase Details

Closed on
Feb 15, 2005
Sold by
Fox Rock Llc
Bought by
Ceriale John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2002
Sold by
Niehues Paas Horst and Niehues Paas Rebecca
Bought by
Fox Rock Llc

Purchase Details

Closed on
Mar 13, 1998
Sold by
Kotzen Jeffrey H and Kotzen Tia N
Bought by
Niehues-Paas Horst
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Wermuth David J -- None Listed On Document
Bailey Point Holdings Llc $6,600,000 Attorney
Halpern John D $4,450,000 Attorney
Jankowsky Joel $3,000,000 Attorney
Ceriale John $3,500,000 --
Fox Rock Llc $2,500,000 --
Niehues-Paas Horst $1,025,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halpern John D $3,000,000
Previous Owner Ceriale John $2,300,000
Previous Owner Niehues-Paas Horst $670,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2021 03/22/21 Sold $6,600,000 -10.8% $1,479 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $7,400,000 +66.3% $1,658 / Sq Ft
10/14/2015 10/14/15 Sold $4,450,000 0.0% $889 / Sq Ft View Prior Sale
10/14/2015 10/14/15 Sold $4,450,000 -5.3% $997 / Sq Ft View Prior Sale
09/14/2015 09/14/15 Pending -- -- --
09/08/2015 09/08/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $4,700,000 +5.6% $1,053 / Sq Ft
03/18/2015 03/18/15 For Sale $4,450,000 -- $889 / 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 $133,540 $9,808,536 -- --
2024 $133,540 $8,916,851 -- --
2023 $112,024 $6,900,216 $0 $0
2022 $98,064 $6,272,924 $0 $0
2021 $53,882 $3,302,886 $0 $0
2020 $53,992 $3,257,284 $1,620,000 $1,637,284
2019 $54,393 $3,214,057 $1,575,000 $1,639,057
2018 $53,652 $3,275,341 $1,501,507 $1,773,834
2017 $54,799 $3,275,372 $1,220,737 $2,054,635
2016 $49,644 $2,876,382 $0 $0
2015 $37,614 $1,998,546 $0 $0
2014 $33,502 $1,816,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    JIM McCANN

    Premier Estate Properties, Inc

    (561) 307-1525

    61 Total Sales

    JIM McCANN
    Section Image
  • Dana Koch

    Buyer's Agent in 2021

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    209 Total Sales

    Dana Koch
    Section Image

  • N

    Seller's Agent in 2015

    NANCY MENDEL

    Sotheby's International Realty, Inc.

  • R

    Seller Co-Listing Agent in 2015

    RIDGELY FOSTER

    Sotheby's International Realty, Inc.

    (561) 659-3555

    1 Total Sale

    RIDGELY FOSTER
    Section Image

  • C

    Buyer's Agent in 2015

    Christine Gibbons

    Sotheby's International Realty, Inc.

    (561) 758-5402

    45 Total Sales

    Christine Gibbons
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10684701

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-22-01-002-0111

Florida Palm Beach County Palm Beach 33480

250 Pendleton Ave, Palm Beach, FL

Not Listed for Sale

Detached

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