NOT LISTED FOR SALE

261 Seminole Ave Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $5,024,000 - $7,551,000

3 Beds
3 Baths
1,445 Sq Ft
$4,418/Sq Ft Est. Value

Last Sold August 26, 2015

Last sale price $1,537,500 $1,064 Per Sq Ft

Est. 319% increase in value since last sale

Current estimated payment $38,246/month

Highlights

  • Gas Heated Pool
  • Bermuda Architecture
  • Eat-In Kitchen
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of September 2015

Former Testa family Palm Beach Cottage. Nicely remodeled and located in town close to everything. Home has just undergone a major renovation including windows, doors, kitchen and baths. Situated on the middle block very close to the beach or the lake trail! Very easy to show.

Last Agent to Rent the Property

GREGORY WEADOCK

Brown Harris Stevens of Palm Beach 5225 License #535947 Listed on: 08/27/2015

Last Renter's Agent

GREGORY WEADOCK

BARCLAYS INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,032

Year Built

  • Built in 1935

Lot Details

  • 5,924

Parking

  • Open Parking

Home Design

  • 1,445 Sq Ft Home
  • Bermuda Architecture

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Gas Heated Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • No Utilities

Community Details

  • Ocean Park Subdivision

Listing and Financial Details

  • Security Deposit $4,250
  • 12 Month Lease Term
  • Assessor Parcel Number 50434314100050330

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,032

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential Lease
  • Subdivision Name: Ocean Park
  • Architectural Style: Bermuda
  • Building Name: N/A
  • Year Built: 1935
  • Location Tax Legal:Name of Building: N/A
  • General Property Description:Living Area: 1445.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Contract Information:Deposit Amount: 4250.0
  • Style:Bermuda: Yes
  • Laundry:Laundry in Unit2: Yes
  • Utilities Included:None Included: Yes
  • Lease Type:Annual: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Gas, Oven-Single, Microwave, Washer, Dryer
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Living Area: 1445.0
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes

Garage/Parking

  • Parking:Open Parking: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: No Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Amenities: No Services

Lot Info

  • Parcel #: 50434314100050330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2020
Sold by
Payne Drbra M and Payne Bruce L
Bought by
Payne Bruce L and Payne Debra M
Current Estimated Value
$6,436,912

Purchase Details

Listed on
Aug 27, 2015
Closed on
Aug 12, 2015
Sold by
Fontaine Hanno J
Bought by
The Debra M Payne Trust
Seller's Agent
GREGORY WEADOCK
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
GREGORY WEADOCK
BARCLAYS INTERNATIONAL REALTY
Sold Price
$55,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.17%

Purchase Details

Closed on
Jun 24, 2005
Sold by
Fontaine Hanno J
Bought by
Hanno J Fontaine Trust

Purchase Details

Closed on
Jun 20, 2005
Sold by
Smith Adas Louisa and Feldman Gabriel
Bought by
Fontaine Hanno J

Purchase Details

Closed on
May 31, 1995
Sold by
Storey Judith Irene and Storey Daniel M
Bought by
Adam Louisa Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.22%
Source: Public Records

Range of Values:

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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
Payne Bruce L -- None Available
The Debra M Payne Trust $1,537,500 Counselors Title Company Llc
Hanno J Fontaine Trust -- Guardian Title Inc
Fontaine Hanno J $1,095,000 Guardian Title Inc
Adam Louisa Smith $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feldman Fabio Gabriel $240,000
Previous Owner Smith Adam Louisa $100,000
Previous Owner Adam Louisa Smith $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2015 08/27/15 Rented $55,250 0.0% --
08/27/2015 08/27/15 For Rent $55,250 0.0% --
08/26/2015 08/26/15 Sold $1,537,500 0.0% $1,064 / Sq Ft
08/25/2015 08/25/15 Sold $1,537,000 -9.5% $1,064 / Sq Ft
07/26/2015 07/26/15 Pending -- -- --
07/15/2015 07/15/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $1,699,000 +10.5% $1,176 / Sq Ft
03/09/2015 03/09/15 For Sale $1,537,500 0.0% $1,064 / Sq Ft
07/16/2013 07/16/13 Rented $3,500 0.0% --
07/16/2013 07/16/13 For Rent $3,500 -- --
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 $36,032 $2,399,036 -- --
2023 $35,246 $2,329,161 $0 $0
2022 $35,292 $2,261,321 $0 $0
2021 $35,913 $2,195,457 $0 $0
2020 $35,979 $2,165,145 $0 $0
2019 $35,905 $2,116,466 $1,440,000 $676,466
2018 $23,519 $1,518,475 $1,518,475 $0
2017 $20,649 $1,195,650 $1,195,650 $0
2016 $21,572 $1,244,316 $0 $0
2015 $17,235 $952,547 $0 $0
2014 $17,455 $952,282 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    GARY POHRER

    K2 Realty, Inc.

  • G

    Landlord's Agent in 2015

    GREGORY WEADOCK

    Brown Harris Stevens of Palm Beach 5225

  • Dana Koch

    Buyer's Agent in 2013

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    69 in this area

    229 Total Sales

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-1794

APN: 50-43-43-14-10-005-0330

Florida Palm Beach County Palm Beach 33480 North End

261 Seminole Ave, Palm Beach, FL

This home is located at 261 Seminole Ave, Palm Beach, FL 33480 since 27 August 2015 and is currently priced at $6,384,027. This property was built in 1935. 261 Seminole 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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