S
Seller's Agent in 2022
Suzanne Frisbie
The Corcoran Group
(215) 353-8636
8 in this area
106 Total Sales
255 Valencia Rd West Palm Beach, FL 33401
El Cid Neighborhood
6
Beds
5
Baths
4,352
Sq Ft
0.28
Acres
Highlights
- Guest House
- Home Theater
- Garage Apartment
- Palm Beach Public School Rated A-
- Heated Pool and Spa
- Waterfront
About This Home
As of March 2022An important El Cid Mediterranean residence with water views. This exceptional move-in ready home of the 1920's has been completely renovated. Offering the ultimate privacy behind manicured hedges, this remarkable residence is surrounded by landscaped grounds, heated pool with spa and a gated entry with an elegant driveway. First floor includes a formal foyer and guest powder room, living room, dining room, large gourmet kitchen with family room and a first floor VIP suite with full bathroom. The second floor has three additional bedrooms with bathrooms and a master suite with sitting room, master bath, walk-in closet and covered balconies.
The property also includes a separate guest apartment with full kitchen, living room and bath, two car garage with storage, exercise room, loggia and poolside pergola. Ideal as a primary residence or a magnificent weekend getaway to complete the idyllic Palm Beach lifestyle.
Last Agent to Sell the Property
BEN STEIN
Brown Harris Stevens of Palm Beach 5225 License #SL-3248543 Listed on: 07/02/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,907
Year Built
- Built in 1925
Lot Details
- Lot Dimensions are 100 x 125
- Waterfront
- South Facing Home
- Back and Front Yard Fenced
- Sprinkler System
- Property is zoned R1
Home Design
- Mediterranean Architecture
- Barrel Roof Shape
- Frame Construction
- Tile
Interior Spaces
- 4,352 Sq Ft Home
- Wet Bar
- Fireplace
- Window Treatments
- Dining Room
- Home Theater
- Library
- Storage
- Home Gym
Kitchen
- Eat-In Kitchen
- Gas Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Parking
- 2 Car Garage
- Garage Apartment
Pool
- Heated Pool and Spa
- Outdoor Pool
Outdoor Features
- Balcony
- Patio
- Lanai
Additional Homes
- Guest House
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- El Cid Subdivision
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 74434327210090500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 12, 2021
Closed on
Mar 3, 2022
Sold by
Leeds Jeffrey T and Leeds Elizabeth
Bought by
Kastanis Taki and Kastanis Jackelyn
Seller's Agent
Suzanne Frisbie
The Corcoran Group
Buyer's Agent
Cara McClure
Douglas Elliman
List Price
$6,900,000
Sold Price
$6,900,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,094,516
Avg. Annual Appreciation
2.54%
Original Mortgage
$4,160,000
Interest Rate
2.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 12, 2021
Sold by
255 Valencia Llc
Bought by
Leeds Jeffrey and Leeds Elizabeth
Purchase Details
Listed on
May 27, 2020
Closed on
Jul 10, 2020
Sold by
Heimowitz Daniel N and Heimowitz Deborah
Bought by
255 Valencia Llc
Seller's Agent
MIA MORRISON
William Raveis South Florida
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$3,335,000
Sold Price
$3,335,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.05%
Original Mortgage
$1,500,000
Interest Rate
2.65%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 31, 2014
Closed on
Dec 29, 2014
Sold by
Han Ben H and Perais Han Laetitia M
Bought by
Heimowitz Daniel N and Heimowitz Deborah
Seller's Agent
Benjamin Stein
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Mia Morrison
The Corcoran Group
List Price
$2,950,000
Sold Price
$3,050,000
Premium/Discount to List
$100,000
3.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.63%
Original Mortgage
$2,000,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 27, 2007
Sold by
Han Ben H and Perais Han Laetitia M
Bought by
Han Ben H and Perais Han Laettia M
Purchase Details
Closed on
Feb 28, 2007
Sold by
River Light Viii Llc
Bought by
Han Ben H and Perais Han Laetitia M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,855,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 13, 2004
Sold by
Naegele Jennifer J
Bought by
River Light Viii Llc
Purchase Details
Closed on
Dec 10, 2002
Sold by
Davis Steve J and Davis Leslie A
Bought by
Naegele Jennifer J
Purchase Details
Closed on
Aug 18, 1999
Sold by
Miller Bradford P and Miller Pamela M
Bought by
Davis Steve J and Davis Leslie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
7.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 4, 1996
Sold by
Marshman Homer H and Marshman Cheryl A
Bought by
Miller Bradford P and Miller Pamela M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $6,900,000 | -- | |
| Warranty Deed | $5,600,000 | Attorney | |
| Warranty Deed | $3,335,000 | Attorney | |
| Warranty Deed | $3,050,000 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $2,650,000 | Attorney | |
| Warranty Deed | $1,125,000 | -- | |
| Warranty Deed | $1,850,000 | Phoenix Title Insurance Corp | |
| Warranty Deed | $775,000 | -- | |
| Warranty Deed | $420,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $900,000 | Credit Line Revolving | |
| Previous Owner | $4,160,000 | New Conventional | |
| Previous Owner | $1,500,000 | New Conventional | |
| Previous Owner | $2,000,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $1,855,000 | Purchase Money Mortgage | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $1,033,150 | New Conventional | |
| Previous Owner | $620,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2022 03/03/22 | Sold | $6,900,000 | 0.0% | $1,585 / Sq Ft |
| 01/24/2022 01/24/22 | Pending | -- | -- | -- |
| 11/12/2021 11/12/21 | For Sale | $6,900,000 | +106.9% | $1,585 / Sq Ft |
| 07/10/2020 07/10/20 | Sold | $3,335,000 | 0.0% | $622 / Sq Ft |
| 06/12/2020 06/12/20 | Pending | -- | -- | -- |
| 05/27/2020 05/27/20 | For Sale | $3,335,000 | +9.3% | $622 / Sq Ft |
| 12/29/2014 12/29/14 | Sold | $3,050,000 | 0.0% | $701 / Sq Ft |
| 12/29/2014 12/29/14 | Sold | $3,050,000 | +3.4% | $701 / Sq Ft |
| 11/29/2014 11/29/14 | Pending | -- | -- | -- |
| 07/31/2014 07/31/14 | For Sale | $2,950,000 | -3.3% | $678 / Sq Ft |
| 07/25/2014 07/25/14 | Pending | -- | -- | -- |
| 07/02/2014 07/02/14 | For Sale | $3,050,000 | -- | $701 / Sq Ft |
Source: Palm Beach Board of REALTORS®
Tax History Compared to Growth
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 | $143,625 | $7,049,954 | -- | -- |
| 2023 | $140,433 | $6,844,616 | $2,249,000 | $4,595,616 |
| 2022 | $94,561 | $4,472,438 | $0 | $0 |
| 2021 | $62,055 | $2,840,724 | $1,015,000 | $1,825,724 |
| 2020 | $54,150 | $2,494,311 | $840,000 | $1,654,311 |
| 2019 | $54,352 | $2,480,465 | $805,000 | $1,675,465 |
| 2018 | $47,603 | $2,189,699 | $670,450 | $1,519,249 |
| 2017 | $58,474 | $2,655,249 | $583,000 | $2,072,249 |
| 2016 | $56,175 | $2,496,431 | $0 | $0 |
| 2015 | $55,042 | $2,379,851 | $0 | $0 |
| 2014 | $25,218 | $1,116,951 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Suzanne Frisbie
-
Cara McClure
C
Buyer's Agent in 2022
Cara McClure
Douglas Elliman
(561) 655-8600
30 in this area
165 Total Sales
-
M
Seller's Agent in 2020
MIA MORRISON
William Raveis South Florida
-
Christian Angle
Buyer's Agent in 2020
Christian Angle
Christian Angle Real Estate
(561) 629-3015
13 in this area
202 Total Sales
-
B
Seller's Agent in 2014
BEN STEIN
Brown Harris Stevens of Palm Beach 5225
-
Benjamin Stein
B
Seller's Agent in 2014
Benjamin Stein
Sotheby's Intl. Realty, Inc.
(561) 955-0633
10 Total Sales
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 14-1400
APN: 74-43-43-27-21-009-0500
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