$4,500,000
SOLD JUL 16, 2018
0.44 Acre
$10,227,273 Price per Acre
19,166 Sq Ft Lot

Recently Sold

$1,014 Per Sq Ft

8% Below List Price

86 Days on Market

About This Lot

As of August 2020

This home is located at 255 Emerald Ln, Palm Beach, FL 33480 and is currently priced at $4,500,000, approximately $1,013 per square foot. 255 Emerald Ln 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.

Last Agent to Sell the Property

Linda Gary

Linda A. Gary Real Estate License #130558 Listed on: 03/21/2018

Last Buyer's Agent

Linda Gary

Linda A. Gary Real Estate License #130558 Listed on: 03/21/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,083

Lot Details

  • 0.44 Acre Lot
  • South Facing Home
  • Site Plan Filed
  • Property is zoned RB

Location

  • City Lot

Community Details

  • Stotesbury Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314060000422

Property Details

Property Type

Land

Est. Annual Taxes

$17,083

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: N County Round to Emerald.
  • Special Features: None

Exterior Features

  • Lot Features: City Lot
  • Waterfront: No
  • Direction Faces: South

Lot Info

  • Parcel #: 50434314060000422
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.44
  • Lot Size: 150
  • Lot Size Sq Ft: 18739.0
  • Zoning Description: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 17083.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Aug 3, 2020
Sold by
Courchene Development Corporation
Bought by
255 Emerald Lane Llc
Seller's Agent
Richard True
The Corcoran Group
Buyer's Agent
SUZANNE FRISBIE
MCCANN COYNER CLARKE
List Price
$14,250,000
Sold Price
$14,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.26%

Purchase Details

Closed on
Jun 26, 2019
Sold by
Prescott & Forbes Llc
Bought by
Courchene Development Corporation

Purchase Details

Listed on
Mar 21, 2018
Closed on
Jul 16, 2018
Sold by
Bussey Lisa S and Schnall John E
Bought by
Prescott & Forbes Llc
Seller's Agent
Linda Gary
Linda A. Gary Real Estate
Buyer's Agent
Linda Gary
Linda A. Gary Real Estate
List Price
$4,900,000
Sold Price
$4,500,000
Premium/Discount to List
-$400,000
-8.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.28%
Original Mortgage
$3,500,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 7, 2005
Sold by
Schnall M Elliot
Bought by
Bussey Lisa S and Schnall John E

Purchase Details

Closed on
Jun 19, 1995
Sold by
Schnall M Elliot
Bought by
M Elliot Schnall Fl Personal Residence T
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $14,250,000 Patch Reef Title Company Inc
Warranty Deed $4,500,000 Attorney
Warranty Deed $4,500,000 Attorney
Quit Claim Deed -- Flagler Title Company
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,500,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 For Sale $25,495,000 +78.9% $3,109 / Sq Ft
08/06/2020 08/06/20 Sold $14,250,000 0.0% $1,812 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $14,250,000 +216.7% $1,812 / Sq Ft
07/16/2018 07/16/18 Sold $4,500,000 -8.2% $1,014 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $4,900,000 -- $1,104 / 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 $298,354 $14,476,207 -- --
2023 $239,598 $13,160,188 $0 $0
2022 $221,570 $11,963,807 $0 $0
2021 $177,901 $10,876,188 $3,810,080 $7,066,108
2020 $63,005 $3,744,791 $3,744,791 $0
2019 $58,799 $3,417,300 $3,417,300 $0
2018 $61,073 $3,660,169 $3,034,377 $625,792
2017 $17,083 $981,725 $0 $0
2016 $16,025 $961,533 $0 $0
2015 $16,568 $954,849 $0 $0
2014 -- $947,271 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10416094

BeachesMLS

APN: 50-43-43-14-06-000-0422