NOT LISTED FOR SALE

251 Park Ave Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $3,583,000 - $4,864,000

6 Beds
5 Baths
2,737 Sq Ft
$1,551/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $2,362,000 $863 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $26,457/month

4 Days on Market

Highlights

  • Waterfront
  • Mediterranean Architecture
  • No HOA
  • Palm Beach Public School Rated A-
  • Lanai
  • Patio

About This Home

As of April 2021

Mediterranean Palm Beach Island property. Magnificent 1924 home, exclusive views on two parks, one to the front and one to the east. Nestled in the heart of Palm Beach, a walking distance to the beaches, markets( Amici and Publix), houses of worship, banks and restaurants/bars (Sant Ambroeus, Henry's, Trevini...) The residence is spacious offering six bedrooms and five bathrooms. Designed within a large living room, dining room, florida room, kitchen, pantry, laundry room and separate guest/staff quarters. The east side suggests ample lot size to possibly set a pool . The residence exudes charm and authenticity of a Mediterranean island house. Take advantage of this blank canvas and tailor it to your imagination.

Last Agent to Sell the Property

Jerome Brun De Saint Hippolyte

The Corcoran Group License #3478223 Listed on: 03/04/2021

The Corcoran Group

Last Buyer's Agent

Jerome Brun De Saint Hippolyte

The Corcoran Group License #3478223 Listed on: 03/04/2021

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,167

Year Built

  • Built in 1924

Lot Details

  • 3,485 Sq Ft Lot
  • Waterfront
  • South Facing Home

Parking

  • No Garage

Home Design

  • Mediterranean Architecture
  • Frame Construction
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,737 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Bungalow Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434315080000110

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,167

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Lot Size: 50
  • Subdivision Name: Bungalow Park Add
  • Directions: Bradley Place North to Park , RIght to Property
  • Architectural Style: Mediterranean, Two Story
  • Year Built: 1924
  • Location Tax Legal:Zoned: SFR
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 19167.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 2737.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 50
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 3485
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Style:Mediterranean: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range-Electric, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Tile
  • Living Area: 2737.0
  • Window Features: Other
  • Appliances Dishwasher: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco, Frame
  • Exterior Features: Patio/Lanai
  • Roof: Other
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Construction:Frame: Yes

Garage/Parking

  • Parking Features: No Garage
  • Garage:No Garage: Yes

Utilities

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 3485.0
  • Parcel #: 50434315080000110
  • Zoning: SFR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 19167.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 28, 2021
Sold by
Park Ave Llc
Bought by
Mcgowan Patrick and Mcgowan Lisa
Seller's Agent
Jerome Brun De Saint Hippolyte
The Corcoran Group
Buyer's Agent
Jerome Brun De Saint Hippolyte
The Corcoran Group
List Price
$2,362,000
Sold Price
$2,362,000
Total Days on Market
4
Current Estimated Value
$4,244,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,882,662
Avg. Annual Appreciation
15.37%

Purchase Details

Listed on
Apr 29, 2013
Closed on
May 20, 2014
Sold by
Hicks Carolyn Robinson and Hicks George Russell
Bought by
251 Park Ave Llc
Seller's Agent
Paul Bergman
Douglas Elliman
Buyer's Agent
Paul Bergman
Douglas Elliman
List Price
$799,000
Sold Price
$513,000
Premium/Discount to List
-$286,000
-35.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.97%
Source: Public Records

Range of Values:

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Average Value
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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
Mcgowan Patrick $2,362,000 Attorney
251 Park Ave Llc $513,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 251 Park Ave Llc $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $2,362,000 0.0% $863 / Sq Ft
04/29/2021 04/29/21 Sold $2,362,000 0.0% $863 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/08/2021 03/08/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $2,362,000 -26.1% $863 / Sq Ft
12/21/2020 12/21/20 For Sale $3,198,000 0.0% $1,168 / Sq Ft
04/15/2015 04/15/15 Rented $5,000 -16.6% --
03/16/2015 03/16/15 Under Contract -- -- --
02/24/2015 02/24/15 For Rent $5,998 0.0% --
06/23/2014 06/23/14 Sold $513,000 -35.8% $185 / Sq Ft
05/24/2014 05/24/14 Pending -- -- --
04/29/2013 04/29/13 For Sale $799,000 -- $289 / 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 $31,544 $2,085,390 -- --
2023 $30,833 $2,024,650 $0 $0
2022 $30,868 $1,965,680 $0 $0
2021 $21,519 $1,330,806 $1,150,000 $180,806
2020 $19,167 $1,097,192 $900,000 $197,192
2019 $18,004 $1,011,894 $864,000 $147,894
2018 $16,567 $1,011,465 $949,047 $62,418
2017 $14,832 $826,543 $747,281 $79,262
2016 $14,350 $783,859 $0 $0
2015 $13,091 $712,599 $0 $0
2014 $4,638 $276,699 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jerome Brun De Saint Hippolyte

    Seller's Agent in 2021

    Jerome Brun De Saint Hippolyte

    The Corcoran Group

    (561) 421-3500

    2 in this area

    10 Total Sales

    Section Image

  • J

    Seller's Agent in 2015

    Jennifer Hasozbek-Garcia

    Premier Estate Properties, Inc

    (561) 351-8452

    2 in this area

    37 Total Sales

    Jennifer Hasozbek-Garcia
    Section Image
  • Paul Bergman

    Seller's Agent in 2014

    Paul Bergman

    Douglas Elliman

    (310) 498-4883

    10 in this area

    35 Total Sales

    Paul Bergman
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-299

APN: 50-43-43-15-08-000-0110

Florida Palm Beach County Palm Beach 33480 North End

251 Park Ave, Palm Beach, FL

This home is located at 251 Park Ave, Palm Beach, FL 33480 since 04 March 2021 and is currently estimated at $4,244,662, approximately $1,550 per square foot. This property was built in 1924. 251 Park Ave 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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