NOT LISTED FOR SALE

254 Palmo Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $8,018,000 - $10,087,642

4 Beds
4 Baths
3,466 Sq Ft
$2,559/Sq Ft Est. Value

Last Sold March 27, 2017

Last sale price $4,250,000 $1,226 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $57,345/month

294 Days on Market

Highlights

  • Property has ocean access
  • Gas Heated Pool
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Waterfront
  • No HOA

About This Home

As of March 2017

Palm Beach north end one story home on a 13,490 SF. Two master suites plus 2 en-suite bedrooms, high ceilings, all impact windows/doors, eat-in kitchen, living room w/wood burning fireplace, formal dining room, formal entry leads to open view of the covered loggia and 34x20 swimming pool and spacious yard.
Easy access to the ocean and the lake trail & across from the Town's Arboretum

Last Agent to Sell the Property

JAMES McCANN

The Corcoran Group Listed on: 05/16/2016

Last Buyer's Agent

Denise Hanley

Denise A. Hanley, Inc. License #304952

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,533

Year Built

  • Built in 1951

Lot Details

  • 0.31 Acre Lot
  • Waterfront
  • North Facing Home
  • Property is zoned RB

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,466 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Room

Kitchen

  • Gas Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Pool

  • Gas Heated Pool
  • Outdoor Pool

Additional Features

  • Property has ocean access
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Alto Lido Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434303080000091

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,533

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Lot Size: 95
  • Subdivision Name: Alto Lido
  • Architectural Style: One Story
  • Year Built: 1951
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 28533.0
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Living Area: 3466.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 95
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 13504
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Style:One Story: Yes
  • Windows:Impact Glass: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Ice Maker, Range-Gas, Washer, Dryer
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble
  • Interior Amenities: Ceiling Fan
  • Living Area: 3466.0
  • Window Features: Impact Glass, Impact Glass-Full
  • Other Rooms:Dining Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Ocean Access-No Deed
  • Roof: Cement Tile
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:Ocean Access-No Deed: Yes

Garage/Parking

  • Parking Features: 2 Car, Air Conditioned
  • Garage:_two_ Car: Yes
  • Garage:Air Conditioned: Yes

Utilities

  • Security: Security System
  • Heating: Central Air
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 13504.0
  • Parcel #: 50434303080000091
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 28533.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2016
Closed on
Mar 20, 2017
Sold by
Runco Kristine N
Bought by
Mirabello Francis J and Cobb Barbaara R
Seller's Agent
JAMES McCANN
The Corcoran Group
Buyer's Agent
Denise Hanley
Denise A. Hanley, Inc.
List Price
$4,250,000
Sold Price
$4,250,000
Total Days on Market
294
Current Estimated Value
$8,869,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,619,661
Avg. Annual Appreciation
9.85%

Purchase Details

Closed on
Jul 15, 2011
Sold by
Bsl&Lelproperties Llc
Bought by
Runco Kristine N

Purchase Details

Closed on
Dec 2, 2010
Sold by
Levine Barbara S and Levine Lowell E
Bought by
Bsl&Lelproperties Llc

Purchase Details

Closed on
Mar 30, 1994
Sold by
Levine Lowell E and Levine Barbara S
Bought by
Levine Barbara S
Source: Public Records

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Range of Values:

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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
Mirabello Francis J $4,250,000 None Available
Runco Kristine N $1,900,000 Attorney
Bsl&Lelproperties Llc -- Keys Title Company
Levine Barbara S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mirabello Francis J $3,000,000
Previous Owner Levine Lowell $500,000
Previous Owner Levine Barbara S $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2017 03/27/17 Sold $4,250,000 0.0% $1,226 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
05/16/2016 05/16/16 For Sale $4,250,000 -- $1,226 / 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 $90,669 $4,778,222 -- --
2023 $85,108 $4,343,838 $5,885,513 $1,510,479
2022 $74,799 $3,948,944 $0 $0
2021 $58,425 $3,589,949 $2,914,890 $675,059
2020 $55,617 $3,301,405 $2,708,585 $592,820
2019 $54,179 $3,147,309 $2,462,350 $684,959
2018 $51,381 $3,080,740 $2,462,350 $618,390
2017 $28,276 $1,668,401 $0 $0
2016 $27,593 $1,634,085 $0 $0
2015 $28,533 $1,622,726 $0 $0
2014 $28,670 $1,609,847 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    JAMES McCANN

    The Corcoran Group

  • D

    Buyer's Agent in 2017

    Denise Hanley

    Denise A. Hanley, Inc.

    (561) 833-7760

    4 in this area

    5 Total Sales

    Denise Hanley
    Section Image
See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-1173

APN: 50-43-43-03-08-000-0091

Florida Palm Beach County Palm Beach 33480 North End

254 Palmo Way, Palm Beach, FL

This home is located at 254 Palmo Way, Palm Beach, FL 33480 since 16 May 2016 and is currently estimated at $8,869,661, approximately $2,559 per square foot. This property was built in 1951. 254 Palmo Way 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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