$8,000,000
SOLD MAY 31, 2022
3 Beds
3 Baths
3,406 Sq Ft
0.31 Acres

Recently Sold

$2,349 Per Sq Ft

6% Below List Price

36 Days on Market

Highlights

  • Heated Pool
  • Fireplace
  • Impact Glass
  • Palm Beach Public School Rated A-
  • 2 Car Attached Garage
  • Separate Shower in Primary Bathroom

About This Home

As of May 2022

Highly sought after North End Bermuda style 3-BR, 3-BA plus office situated on a 13,504 SqFt lot. Lush tropical landscaping surrounding pool. Impact windows and doors, full house generator, 2-car air-conditioned garage. Versatile property with option to build new on this 13,504SqFt Lot or simply maintain the North End Bermuda charm of existing property. Monterey has lake trail and easy beach access nearby.

Last Agent to Sell the Property

Gary Pohrer

Serhant License #3068785 Listed on: 03/25/2022

Serhant

Last Buyer's Agent

STEPHANIE LEFES

Sotheby's Intl. Realty, Inc. License #3086165

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,955

Year Built

  • Built in 1950

Lot Details

  • 0.31 Acre Lot
  • Property is zoned RB

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 3,406 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Casement Windows
  • Family Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Outdoor Features

  • Heated Pool
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • Gregory Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303130000210

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,955

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North Lake Way to Monterey Road. House on the south side of street.
  • Year Built: 1950
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Fireplace, Pantry, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Tile
  • Living Area: 3406.0
  • Dining Room Type: Family Room
  • Stories: 1
  • Window Features: Casement Window(s), Impact Glass

Exterior Features

  • Exterior Features: Patio
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Security System
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434303130000210
  • Lot Size: 135.0 ft x 100.0 ft
  • Lot Size Sq Ft: 13500.0
  • Zoning Description: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 51955.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 31, 2022
Sold by
274 Monterey Road Llc
Bought by
Morton A Pierce Revocable Trust
Seller's Agent
Gary Pohrer
Serhant
Buyer's Agent
STEPHANIE LEFES
Sotheby's Intl. Realty, Inc.
List Price
$8,500,000
Sold Price
$8,000,000
Premium/Discount to List
-$500,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.48%

Purchase Details

Listed on
Oct 24, 2013
Closed on
Oct 23, 2013
Sold by
Hallac Albert and Hallac Carol
Bought by
274 Monterey Road Llc
Seller's Agent
Christine Gibbons
Sotheby's International Realty, Inc.
Buyer's Agent
Pamela Miller
Bradford P. Miller Real Estate
Sold Price
$114,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.58%

Purchase Details

Closed on
Jul 15, 2002
Sold by
Cole Stephan W and Cole Shirley R
Bought by
Hallac Albert and Hallac Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6%
Source: Public Records

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Range of Values:

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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 $8,000,000 None Listed On Document
Warranty Deed $2,300,000 Attorney
Warranty Deed $1,200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,502,300 New Conventional
Previous Owner $2,808,850 New Conventional
Previous Owner $2,062,500 New Conventional
Previous Owner $1,519,910 Adjustable Rate Mortgage/ARM
Previous Owner $1,495,000 Adjustable Rate Mortgage/ARM
Previous Owner $600,000 New Conventional
Previous Owner $1,100,000 Unknown
Previous Owner $300,000 Credit Line Revolving
Previous Owner $640,000 Credit Line Revolving
Previous Owner $500,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Sale $8,350,000 +4.4% $2,902 / Sq Ft
05/31/2022 05/31/22 Sold $8,000,000 -5.9% $2,349 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $8,500,000 0.0% $2,496 / Sq Ft
02/17/2020 02/17/20 Rented $166,800 0.0% --
01/18/2020 01/18/20 Under Contract -- -- --
11/05/2019 11/05/19 For Rent $166,800 +176.5% --
09/21/2017 09/21/17 Rented $60,323 0.0% --
08/22/2017 08/22/17 Under Contract -- -- --
06/14/2017 06/14/17 For Rent $60,323 -44.1% --
07/26/2016 07/26/16 Rented $108,000 0.0% --
06/26/2016 06/26/16 Under Contract -- -- --
06/14/2016 06/14/16 For Rent $108,000 -18.2% --
05/08/2015 05/08/15 Rented $132,000 0.0% --
04/08/2015 04/08/15 Under Contract -- -- --
01/27/2015 01/27/15 For Rent $132,000 +15.8% --
12/20/2013 12/20/13 Rented $114,000 -95.0% --
11/20/2013 11/20/13 Under Contract -- -- --
10/24/2013 10/24/13 Sold $2,300,000 0.0% $799 / Sq Ft
10/24/2013 10/24/13 For Rent $114,000 0.0% --
09/10/2013 09/10/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $2,300,000 -- $799 / 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 $119,650 $7,966,015 -- --
2023 $114,762 $7,571,459 $6,000,225 $1,571,234
2022 $65,255 $3,409,912 $0 $0
2021 $51,955 $3,169,183 $2,956,500 $212,683
2020 $47,646 $2,818,109 $2,747,250 $70,859
2019 $46,620 $2,698,578 $2,497,500 $201,078
2018 $44,604 $2,667,770 $2,497,500 $170,270
2017 $41,588 $2,437,707 $2,266,930 $170,777
2016 $39,953 $2,200,840 $0 $0
2015 $37,345 $2,000,764 $0 $0
2014 $33,180 $1,818,876 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10786687

BeachesMLS

APN: 50-43-43-03-13-000-0210