NOT LISTED FOR SALE

311 Pendleton Ln Palm Beach, FL 33480

Estimated Value: $7,762,000 - $12,078,678

5 Beds
4.5 Baths
5,306 Sq Ft
$1,814/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $7,700,000 $1,451 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $59,079/month

64 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Fireplace
  • Palm Beach Public School Rated A-
  • Den
  • Walk-In Closet

About This Home

As of June 2021

Beautiful 5BR/4.5BA In-Town home on the Lake Block. Spacious areas for entertaining including oversized living room with fireplace, enclosed loggia, and formal dining room. First floor library with powder room and beautiful bar area. Recently updated with beautiful baths, gourmet kitchen, and generator. Light and bright family room leads to swimming pool and spa. Fantastic outdoor spaces with large covered patio.

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 03/18/2021

Last Buyer's Agent

Simon Isaacs

Simon Isaacs Real Estate LLC License #3341521

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,834

Year Built

  • Built in 1937

Lot Details

  • 0.26 Acre Lot
  • Property is zoned R-B(ci

Parking

  • 2 Car Garage

Interior Spaces

  • 5,306 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Family Room
  • Den
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • Cocoanut Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434322020000081

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,834

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Call LO.
  • Year Built: 1937
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Fireplace, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Other, Wood
  • Living Area: 5306.0
  • Dining Room Type: Den, Family Room, Laundry, Storage Room
  • Stories: 2

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Other
  • Property Condition: Resale

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

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

Lot Info

  • Parcel #: 50434322020000081
  • Lot Size Sq Ft: 11330.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 64834.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Jun 18, 2021
Sold by
311 Pendleton Llc
Bought by
Cohen Cory and Pendleton Lane Revocable Trust
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Simon Isaacs
Simon Isaacs Real Estate LLC
List Price
$8,250,000
Sold Price
$7,700,000
Premium/Discount to List
-$550,000
-6.67%
Current Estimated Value
$9,626,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,926,559
Avg. Annual Appreciation
4.99%
Original Mortgage
$4,620,000
Outstanding Balance
$4,164,570
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$5,461,989

Purchase Details

Listed on
Jun 4, 2019
Closed on
May 29, 2020
Sold by
Northern Trust Company
Bought by
311 Pendleton Llc
Seller's Agent
Patricia Mahaney
Sotheby's International Realty, Inc.
Buyer's Agent
CHRISTIAN ANGLE
Earl A. Hollis, Inc.
List Price
$4,400,000
Sold Price
$4,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.54%

Purchase Details

Listed on
Jun 4, 2019
Closed on
May 6, 2020
Sold by
Crompton Anna Jane Gore and Crompton Anna Gore
Bought by
311 Pendleton Llc
Seller's Agent
Patricia Mahaney
Sotheby's International Realty, Inc.
Buyer's Agent
CHRISTIAN ANGLE
Earl A. Hollis, Inc.
List Price
$4,400,000
Sold Price
$4,400,000

Purchase Details

Listed on
Jun 4, 2019
Closed on
Apr 14, 2020
Sold by
Crompton Taylor H and Crompton Diana S
Bought by
311 Pendleton Llc
Seller's Agent
Patricia Mahaney
Sotheby's International Realty, Inc.
Buyer's Agent
CHRISTIAN ANGLE
Earl A. Hollis, Inc.
List Price
$4,400,000
Sold Price
$4,400,000

Purchase Details

Closed on
Jan 12, 1995
Sold by
Wister Diana S and Norris Diana S
Bought by
Crompton Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
9.2%

Purchase Details

Closed on
May 16, 1994
Sold by
Chapin Jane E and Collin Michel
Bought by
Norris Diana S
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Cohen Cory $7,700,000 Attorney
311 Pendleton Llc $4,400,000 Attorney
311 Pendleton Llc -- Attorney
311 Pendleton Llc -- Attorney
Crompton Robert S $1,000,000 --
Norris Diana S $1,312,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Cory $4,620,000
Previous Owner Crompton Robert S $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2021 06/21/21 Sold $7,700,000 -6.7% $1,451 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $8,250,000 +87.5% $1,555 / Sq Ft
08/12/2020 08/12/20 Sold $4,400,000 -19.9% $829 / Sq Ft View Prior Sale
07/13/2020 07/13/20 Pending -- -- --
06/04/2019 06/04/19 For Sale $5,495,000 -- $1,036 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $109,087 $7,871,808 -- --
2024 $109,087 $7,156,189 -- --
2023 $98,535 $6,505,626 $5,421,688 $1,083,938
2022 $96,555 $6,175,568 $0 $0
2021 $61,033 $3,704,230 $2,530,000 $1,174,230
2020 $64,834 $3,914,631 $2,484,000 $1,430,631
2019 $59,813 $3,496,494 $2,415,000 $1,081,494
2018 $24,235 $1,470,269 $0 $0
2017 $24,280 $1,443,180 $0 $0
2016 $23,799 $1,413,497 $0 $0
2015 $24,609 $1,403,671 $0 $0
2014 $24,726 $1,392,531 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10700886

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-22-02-000-0081