NOT LISTED FOR SALE

271 El Vedado Rd Palm Beach, FL 33480

Estimated Value: $8,524,000 - $9,752,044

4 Beds
3 Baths
4,318 Sq Ft
$2,115/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $5,942,000 $1,376 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $60,170/month

285 Days on Market

Highlights

  • Outdoor Pool
  • Waterfront
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Lanai

About This Home

As of November 2020

A very special Estate Section Mediterranean villa
designed by E.B. Walton in the late 1920's. A comfortable private residence with a grand
living room and four plus bedrooms. An exciting project on a great street.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 01/16/2020

Last Buyer's Agent

Steve Hall

THE FITE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,658

Year Built

  • Built in 1926

Lot Details

  • 0.37 Acre Lot
  • Waterfront
  • South Facing Home
  • Sprinkler System
  • Property is zoned RA

Parking

  • No Garage

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • "S" Clay Tile Roof
  • Tile

Interior Spaces

  • 4,318 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Fireplace
  • Dining Area
  • Library

Kitchen

  • <<doubleOvenToken>>
  • Gas Range
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Partial Impact Glass

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tropic Isle Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434326000020250

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,658

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Lot Size: 100
  • Subdivision Name: Tropic Isle
  • Architectural Style: Mediterranean, Two Story
  • Year Built: 1926
  • Location Tax Legal:Zoned: RA
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 69658.0
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Living Area: 4318.0
  • 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
  • General Property Description:Lot Dim (1): 100
  • Floors:Hardwood: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 16117
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Windows:Impact Glass-Partial: Yes
  • ACHeat:Multi Zone Air: Yes
  • Style:Mediterranean: Yes
  • Roof:Clay Tile: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile, Other Flooring
  • Interior Amenities: Cable, Fireplace, Wet Bar
  • Living Area: 4318.0
  • Window Features: Impact Glass-Partial
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Hollow Tile
  • Exterior Features: Balcony, Patio/Lanai, Storm Shutters, Sprinkler System
  • Roof: Clay Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Storm Shutters: Yes
  • Construction:Hollow Tile: Yes

Garage/Parking

  • Parking Features: No Garage
  • Garage:No Garage: Yes

Utilities

  • Heating: Central Air, Central Heat, Multi Zone Air
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 16117.0
  • Parcel #: 50434326000020250
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 69658.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Nov 24, 2020
Sold by
Commander Wylene R and The Wylene R Commander Living
Bought by
271 El Vedado Llc
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
Steve Hall
THE FITE GROUP
List Price
$5,942,000
Sold Price
$5,942,000
Current Estimated Value
$9,133,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,191,015
Avg. Annual Appreciation
12.33%

Purchase Details

Closed on
Oct 20, 2016
Sold by
Commander Wylene R and Van Schaick David L
Bought by
Commander Wylene R and The Wylene R Commander Living Trust

Purchase Details

Closed on
Nov 25, 2014
Sold by
Vanschaick David L and Commander Wylene R
Bought by
Vanschaick David L and Commander Wylene R

Purchase Details

Closed on
May 7, 2009
Sold by
Vanschaick David L
Bought by
Vanschaick David L
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
271 El Vedado Llc $5,942,000 Attorney
Commander Wylene R -- None Available
Vanschaick David L -- Attorney
Vanschaick David L -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 271 El Vedado Llc $8,000,000
Closed 271 El Vedado Llc $4,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $5,942,000 0.0% $1,376 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $5,942,000 -- $1,376 / Sq Ft
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 $115,007 $6,946,160 -- --
2023 $103,443 $6,314,691 $0 $0
2022 $102,016 $5,740,628 $0 $0
2021 $86,035 $5,218,753 $4,400,000 $818,753
2020 $69,402 $4,166,563 $0 $0
2019 $69,930 $4,111,851 $0 $0
2018 $66,451 $4,035,183 $0 $0
2017 $66,481 $3,952,187 $3,316,320 $635,867
2016 $70,248 $4,104,096 $0 $0
2015 $72,646 $4,075,567 $0 $0
2014 $72,991 $4,043,221 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-142

APN: 50-43-43-26-00-002-0250