$3,877,000 - $5,620,000
RENTED SEP 22, 2024

260 Park Ave Palm Beach, FL 33480

North End Neighborhood
3 Beds
3 Baths
1,222 Sq Ft
$3,747 Price per Sq Ft

Last Sold February 08, 2022

Last sale price $4,300,000 $3,519 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $29,634/month

About This Home

As of February 2022

Available Dec 1 2024 to Jan 15 2025 This 3 bedroom, 3 bath Palm Beach cottage is located two blocks from the Ocean and one block from the Intracoastal. Available for lease weekly or monthly. Sublimely located near town, restaurants, and all Palm Beach has to offer. Stylishly furnished with Serena & Lily. An idyllic rental, with a lovely front porch, an open floor plan that includes a living room, dining area, wet bar, washer/dryer, and a renovated kitchen. The 2nd floor includes a primary suite with bath, 2 walk in closets, sitting room and a third bedroom with bath and walk-in closet. The main floor bedroom can also be used as a den/office. This island gem is completed by a lovely garden with lush tropical landscaping and a patio for relaxation.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Feb 8, 2022
Sold by
John And Nicole Weeldreyer Revocable Tru
Bought by
Flowers Jerry and Flowers Lou
Seller's Agent
STEVE HALL
Compass Florida, LLC
Buyer's Agent
Suzanne Frisbie
The Corcoran Group
List Price
$4,300,000
Sold Price
$4,300,000
Current Estimated Value
$4,578,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,970
Avg. Annual Appreciation
1.80%

Purchase Details

Closed on
Apr 30, 2021
Sold by
Weeldreyer John S and Weeldreyer Nicole A
Bought by
Weeldreyer John S and Weeldreyer Nicole A

Purchase Details

Listed on
Dec 21, 2011
Closed on
Nov 2, 2012
Sold by
Griswold Alexander Hufty
Bought by
Weeldreyer John S and Weeldreyer Nicole A
Seller's Agent
Betsey Hall
Inactive member
Buyer's Agent
Dawn Balzano
Coldwell Banker Realty
List Price
$1,550,000
Sold Price
$1,100,000
Premium/Discount to List
-$450,000
-29.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.05%
Original Mortgage
$780,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2011
Sold by
Gustavson Troy and Gustavson Joan W
Bought by
Griswold Alexander Hufty

Purchase Details

Closed on
May 5, 2004
Sold by
Wexler Gary and Wexler Dina
Bought by
Gustavson Troy and Gustavson Joan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 1999
Sold by
Welcel Hugh B and Smith Pam
Bought by
Wexler Gary and Wexler Dina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 1998
Sold by
Agnello Michael H and Agnello Milissa L
Bought by
Welcel Hugh B and Smith Pam

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
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
Flowers Jerry $3,653,350 Kochman & Ziska Plc
Weeldreyer John S -- Attorney
Weeldreyer John S $1,000,000 Attorney
Griswold Alexander Hufty $900,000 Attorney
Gustavson Troy $605,000 --
Wexler Gary $380,000 --
Welcel Hugh B $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weeldreyer John S $780,000
Previous Owner Griswold Alexander Hufty $200,000
Previous Owner Monkton Finance Company Llc $300,000
Previous Owner Gustavson Troy $250,000
Previous Owner Gustavson Troy $484,000
Previous Owner Welcel Hugh B $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2024 09/22/24 Rented $27,000 0.0% --
09/23/2022 09/23/22 For Rent $27,000 0.0% --
02/08/2022 02/08/22 Sold $4,300,000 0.0% $2,339 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $4,300,000 +290.9% $2,339 / Sq Ft
11/02/2012 11/02/12 Sold $1,100,000 -29.0% $594 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
12/21/2011 12/21/11 For Sale $1,550,000 -- $837 / Sq Ft

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 $49,504 $3,265,618 -- --
2023 $50,257 $3,289,837 $2,200,000 $1,089,837
2022 $28,734 $1,650,103 $0 $0
2021 $25,936 $1,596,956 $1,150,000 $446,956
2020 $24,373 $1,501,195 $900,000 $601,195
2019 $21,800 $1,239,747 $864,000 $375,747
2018 $20,943 $1,281,825 $949,047 $332,778
2017 $18,959 $1,083,885 $747,281 $336,604
2016 $18,053 $1,031,066 $0 $0
2015 $16,962 $937,333 $0 $0
2014 $16,800 $916,194 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Suzanne Frisbie

    The Corcoran Group

    (215) 353-8636

    38 in this area

    113 Total Sales

    Suzanne Frisbie
    Section Image

  • p

    Buyer's Agent in 2024

    pbb.rets.frisst

    pbb.rets.RETS_OFFICE

  • S

    Seller's Agent in 2022

    STEVE HALL

    Compass Florida, LLC

    14 in this area

    44 Total Sales

    STEVE HALL
    Section Image

  • B

    Seller's Agent in 2012

    Betsey Hall

    Inactive member

  • D

    Buyer's Agent in 2012

    Dawn Balzano

    Coldwell Banker Realty

    (561) 849-1805

    71 Total Sales

    Dawn Balzano
    Section Image
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Map

Florida Palm Beach County Palm Beach 33480 North End

260 Park Ave, Palm Beach, FL

Homes for Sale in Palm Beach, FL

This home is located at 260 Park Ave, Palm Beach, FL 33480 and is currently estimated at $4,578,970, approximately $3,747 per square foot. 260 Park 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.