NOT LISTED FOR SALE

Estimated Value: $7,168,925 - $8,456,000

5 Beds
6 Baths
3,479 Sq Ft
$2,247/Sq Ft Est. Value

Last Sold May 11, 2016

Last sale price $3,800,000 $1,092 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $54,023/month

125 Days on Market

Highlights

  • Cabana
  • Waterfront
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of May 2016

Fabulous north end Maurice Fatio designed Monterey is on a lushly landscaped oversize lot. Gracious room sizes, great ceiling heights, pool cabana can serve as a little guest house, whole house generator, garage, lots of room for indoor/outside entertaining. Beautiful large old fashioned coral framed pool and dining gardens.

Last Agent to Sell the Property

JAMES McCANN

The Corcoran Group Listed on: 12/15/2015

Co-Listed By

BURTON MINKOFF

The Corcoran Group

Last Buyer's Agent

Burt Minkoff

Douglas Elliman License #3027869

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,061

Year Built

  • Built in 1937

Lot Details

  • 0.32 Acre Lot
  • Waterfront
  • Home has North and South Exposure
  • Property is zoned RB

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 3,479 Sq Ft Home
  • 2-Story Property
  • Double Hung Windows
  • Casement Windows
  • Dining Room
  • Library
  • Wood Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters

Pool

  • Cabana
  • Gas Heated Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gregory Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303130000171

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,061

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Lot Size: 140
  • Subdivision Name: Gregory Addition
  • Architectural Style: Traditional, Two Story
  • Garage Yn: Yes
  • Year Built: 1937
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 41061.0
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Living Area: 3479.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 140
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 13939
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Windows:Casement: Yes
  • Windows:Double Hung: Yes
  • Roof:Slate: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Gas, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood
  • Interior Amenities: Cable
  • Living Area: 3479.0
  • Window Features: Casement, Double Hung
  • Other Rooms:Dining Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: 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: Frame
  • Exterior Features: Cabana, Storm Shutters
  • Roof: Slate
  • Construction:Frame: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Cabana: Yes

Garage/Parking

  • Parking Features: 1 Car
  • Garage:_one_ Car: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 13939.0
  • Parcel #: 50434303130000171
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 41061.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2025
Sold by
Kffl Llc
Bought by
Monterey Road Irrevocable Trust and Gray
Current Estimated Value
$8,391,360

Purchase Details

Closed on
Nov 13, 2017
Sold by
Karasker Paul A and 266 Montrey Road Land Trust
Bought by
Kffl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.9%

Purchase Details

Listed on
Dec 15, 2015
Closed on
May 11, 2016
Sold by
Wick Donna and Donna Wick Qualified Personal
Bought by
Krasker Paul A and The 266 Monterey Road Trust
Seller's Agent
JAMES McCANN
The Corcoran Group
Buyer's Agent
Burt Minkoff
Douglas Elliman
List Price
$3,800,000
Sold Price
$3,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%

Purchase Details

Closed on
Sep 2, 2009
Sold by
Wick Donna
Bought by
Wick Donna and Wick Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2006
Sold by
Terry Robert Lee
Bought by
Wick Walter D and Wick Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2004
Sold by
Terry Robert Lee and Terry Christine R
Bought by
Terry Robert Lee

Purchase Details

Closed on
Jul 10, 2000
Sold by
Malcolm S And Margaret Van De Water
Bought by
Terry Robert L and Terry Christine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
8.11%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Monterey Road Irrevocable Trust -- None Listed On Document
Kffl Llc -- Attorney
Krasker Paul A $3,536,000 Trident Title Llc
Wick Donna -- Attorney
Wick Donna -- Attorney
Wick Donna -- Attorney
Wick Donna $1,125,000 Attorney
Wick Walter D $3,500,000 Attorney
Terry Robert Lee $500,000 --
Terry Robert L $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanewater Malcolm S $0
Previous Owner Wick Donna $1,700,000
Previous Owner Wick Walter D $2,250,000
Previous Owner Wick Walter D $2,400,000
Previous Owner Vanewater Malcolm S $200,000
Previous Owner Vanewater Malcolm S $880,000
Previous Owner Vanewater Malcolm S $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2016 05/11/16 Sold $3,800,000 0.0% $1,092 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
12/15/2015 12/15/15 For Sale $3,800,000 0.0% $1,092 / Sq Ft
12/26/2013 12/26/13 Rented $25,000 0.0% --
11/26/2013 11/26/13 Under Contract -- -- --
07/18/2013 07/18/13 For Rent $25,000 -- --
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 $96,946 $5,221,632 -- --
2023 $88,778 $4,746,938 $0 $0
2022 $78,942 $4,315,398 $0 $0
2021 $64,835 $3,923,089 $3,066,000 $857,089
2020 $60,351 $3,588,426 $2,849,000 $739,426
2019 $58,984 $3,432,572 $2,590,000 $842,572
2018 $55,900 $3,358,085 $2,590,000 $768,085
2017 $47,904 $2,806,901 $2,325,947 $480,954
2016 $43,609 $2,327,941 $0 $0
2015 $41,061 $2,116,310 $0 $0
2014 $37,168 $1,923,918 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-2611

APN: 50-43-43-03-13-000-0171