NOT LISTED FOR SALE

250 Pendleton Ave Palm Beach, FL 33480

Estimated Value: $7,258,000 - $11,830,254

6 Beds
6.5 Baths
4,463 Sq Ft
$2,125/Sq Ft Est. Value

Last Sold March 22, 2021

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

Est. 44% increase in value since last sale

Current estimated payment $61,021/month

18 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • No HOA
  • Palm Beach Public School Rated A-
  • Furnished
  • Balcony

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. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. The listing company's marketplace is all of the following: Vero Beach, Town of Orchid, Indian River Shores, Town of Palm Beach, West Palm Beach, Manalapan Beach, Point Manalapan, Hypoluxo Island, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach, Boca Raton, East Deerfield Beach, Hillsboro Beach, Hillsboro Shores, East Pompano Beach, Lighthouse Point, Sea Ranch Lakes and Fort Lauderdale. Cooperating brokers are advised that in the event of a Buyer default, no commission will be paid to a cooperating Broker on the Deposits retained by the Seller. No commissions are paid to any cooperating broker until title passes or upon actual commencement of a lease. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2021 by the listing company. All Rights Reserved.

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
  • Lot Dimensions are 84x87
  • North Facing Home

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
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 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

7,723 Sq Ft Lot

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
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Bathtub, Eat-in Kitchen, Family/Dining Room, Soaking Tub, Separate Shower, Upper Level Primary, Walk-In Closet(s)
  • Main Level Bedrooms: 2
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 4463.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • Lot Features: < 1/4 Acre
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Special Assessment
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Patio, Balcony
  • Property Condition: Resale
  • Roof: Concrete, Flat, Tile

Garage/Parking

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

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Utilities: Cable Available, Natural Gas Available

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 50434322010020111
  • Lot Size Acres: 0.18
  • Lot Size: 84x87
  • Lot Size Sq Ft: 7840.8
  • Mobile Dim Units: Feet
  • Zoning: RB

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
$9,485,085

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
7.54%

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
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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

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

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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

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