$3,050,000
SOLD DEC 29, 2014

255 Valencia Rd West Palm Beach, FL 33401

El Cid Neighborhood
6 Beds
5.5 Baths
4,352 Sq Ft
0.29 Acres

Recently Sold

$701 Per Sq Ft

3% Above List Price

120 Days on Market

Highlights

  • Private Pool
  • Garage Apartment
  • Fireplace
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of March 2022

An 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.

Last Agent to Sell the Property

Benjamin Stein

Sotheby's Intl. Realty, Inc. License #3248543 Listed on: 07/31/2014

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Mia Morrison

The Corcoran Group License #3077087

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,907

Year Built

  • Built in 1925

Lot Details

  • 0.29 Acre Lot
  • South Facing Home
  • Property is zoned HIST SF

Parking

  • 2 Car Garage
  • Garage Apartment

Home Design

  • Barrel Roof Shape
  • Frame Construction

Interior Spaces

  • 4,352 Sq Ft Home
  • 2-Story Property
  • Fireplace

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • El Cid Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434327210090500

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,907

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South Flagler Drive right on Valencia Road, second home on the right.
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Interior Amenities: Fireplace
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 4352.0
  • Dining Room Type: Garage Apartment
  • Stories: 2

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Frame
  • Direction Faces: South
  • Other Structures: Garage Apartment
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434327210090500
  • Lot Size Sq Ft: 12632.0
  • Zoning Description: HIST SF
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 24907.0

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
$7,994,516

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
17.09%
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
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 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: 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 $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

  • S

    Seller's Agent in 2022

    Suzanne Frisbie

    The Corcoran Group

    (215) 353-8636

    8 in this area

    106 Total Sales

    Suzanne Frisbie
    Section Image

  • C

    Buyer's Agent in 2022

    Cara McClure

    Douglas Elliman

    (561) 655-8600

    30 in this area

    165 Total Sales

    Cara McClure
    Section Image

  • 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

    Christian Angle
    Section Image

  • B

    Seller's Agent in 2014

    BEN STEIN

    Brown Harris Stevens of Palm Beach 5225

  • B

    Seller's Agent in 2014

    Benjamin Stein

    Sotheby's Intl. Realty, Inc.

    (561) 955-0633

    10 Total Sales

    Benjamin Stein
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10060986

BeachesMLS

APN: 74-43-43-27-21-009-0500

Florida Palm Beach County West Palm Beach 33401 El Cid

255 Valencia Rd, West Palm Beach, FL

This home is located at 255 Valencia Rd, West Palm Beach, FL 33401 and is currently priced at $3,050,000, approximately $700 per square foot. This property was built in 1925. 255 Valencia Rd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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