Property detail

Field Value
Location Address 258 WELLS RD
Municipality PALM BEACH
Parcel Control Number 50-43-43-14-07-000-0220
Subdivision ADAMS ADD IN
Official Records Book/Page 32088 / 443
Sale Date 01/11/2021
Legal Description ADAMS ADD LT 22

Owner INFORMATION

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Owner(s) Mailing Address Actions
BEAR 258 LLC
258 WELLS RD
PALM BEACH FL 33480 3625

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
01/11/2021 $8,950,000 32088 / 00443 WARRANTY DEED BEAR 258 LLC
07/24/2015 $5,647,685 27699 / 01220 WARRANTY DEED LEVENSON MICHAEL J &
05/22/2014 $0 26812 / 01683 SUMMARY ORDER BORCHARDT TRUDI &
10/21/2013 $0 26476 / 00690 SUMMARY ORDER BORCHARDT TRUDI &
04/18/2005 $4,995,000 18438 / 00586 WARRANTY DEED BORCHARDT ROBERT L
08/24/2004 $10 17480 / 01681 WARRANTY DEED LEOPOLD HOLDINGS LLC
04/01/2004 $3,395,000 16834 / 00329 WARRANTY DEED HASSAN CHARLES R JR
05/01/1997 $2,350,000 09805 / 00494 WARRANTY DEED CLARK JAMES M
02/01/1993 $2,050,000 07598 / 01300 WARRANTY DEED
12/01/1985 $595,000 04759 / 01919 REP DEED

NOTE: Sales do not generally appear in the PAPA database until approximately 1 to 3 weeks after the closing date.
If a recent sale does not show up in this list, please allow more time for the sale record to be processed.

Exemption INFORMATION

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No Exemption Information Available.

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
BAS Base Area 90
FUS Finished Upper Story 2497
FOP Finished Open Porch 56
FOP Finished Open Porch 80
FOP Finished Open Porch 110
BAS Base Area 2710
Total Square Footage 5543
Area Under Air 5297

Field Value
Total Number of Units Per Parcel 3
Total Square Feet* 7391
Acres .45
Property Use Code 0100—SINGLE FAMILY
Zoning R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Bldg Type EXC-LUX.RES
Exterior Wall 1 WSF: BRICK
Year Built 1930
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 4
Full Baths 5
Half Baths 0
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover CLAY/BERMUDA TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CARPETING
Floor Type 2 CERAMIC/QUARRY TILE
Stories 2

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Sketch
for Building 1

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 2

Code Description square Footage
BAS Base Area 450
FOP Finished Open Porch 250
Total Square Footage 700
Area Under Air 450

Field Value
Total Number of Units Per Parcel 3
Total Square Feet* 7391
Acres .45
Property Use Code 0100—SINGLE FAMILY
Zoning R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 2

Field Value
Bldg Type EXC-RESIDENT
Exterior Wall 1 MSY: CB STUCCO
Year Built 1988
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 1
Full Baths 1
Half Baths 0
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover CLAY/BERMUDA TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CERAMIC/QUARRY TILE
Floor Type 2 N/A
Stories 1

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Sketch
for Building 2

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 3

Code Description square Footage
FGR Finished Garage 644
BAS Base Area 504
Total Square Footage 1148
Area Under Air 504

Field Value
Total Number of Units Per Parcel 3
Total Square Feet* 7391
Acres .45
Property Use Code 0100—SINGLE FAMILY
Zoning R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 3

Field Value
Bldg Type SFR
Exterior Wall 1 WSF: BRICK
Year Built 1930
Air Condition Desc. NO HTG/AC
Heat Type NONE
Heat Fuel NONE
Bed Rooms 1
Full Baths 1
Half Baths 0
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover CLAY/BERMUDA TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Floor Type 2 N/A
Stories 2

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Property Extra Features

Description Year Built Units
Pool - In-Ground 1986 1
Wall 1930 1692

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.4477

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $2,121,181 $1,962,614 $2,637,141 $2,336,609 $1,879,694
Land Value $9,705,000 $9,997,500 $10,530,000 $10,125,000 $7,575,000
Total Market Value $11,826,181 $11,960,114 $13,167,141 $12,461,609 $9,454,694
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $2,121,181 $1,962,614 $2,637,141 $2,336,609 $1,879,694 $1,513,858 $701,146 $700,838 $802,490 $952,039
Land Value $9,705,000 $9,997,500 $10,530,000 $10,125,000 $7,575,000 $4,806,450 $4,022,460 $3,910,725 $4,971,371 $4,041,765
Total Market Value $11,826,181 $11,960,114 $13,167,141 $12,461,609 $9,454,694 $6,320,308 $4,723,606 $4,611,563 $5,773,861 $4,993,804

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2026 P 2025 2024 2023 2022
Assessed Value $11,826,181 $11,960,114 $11,440,179 $10,400,163 $9,454,694
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $11,826,181 $11,960,114 $11,440,179 $10,400,163 $9,454,694
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $11,826,181 $11,960,114 $11,440,179 $10,400,163 $9,454,694 $4,783,676 $4,717,629 $4,611,563 $5,098,674 $4,993,804
Exemption Amount $0 $0 $0 $0 $0 $50000 $50000 $50000 $50000 $50000
Taxable Value $11,826,181 $11,960,114 $11,440,179 $10,400,163 $9,454,694 $4,733,676 $4,667,629 $4,561,563 $5,048,674 $4,943,804

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $175,299 $177,835 $181,024 $169,444 $146,501
NON AD VALOREM $1,683 $1,658 $1,636 $1,510 $1,502
TOTAL TAX $176,982 $179,493 $182,660 $170,954 $148,003
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $175,299 $177,835 $181,024 $169,444 $146,501 $76,976 $77,163 $76,710 $82,443 $82,517
NON AD VALOREM $1,683 $1,658 $1,636 $1,510 $1,502 $1,612 $1,585 $1,587 $1,598 $1,566
TOTAL TAX $176,982 $179,493 $182,660 $170,954 $148,003 $78,588 $78,748 $78,298 $84,041 $84,083

BUYERS TAKE NOTE: Taxes will change and often increase substantially when a property sells. The seller’s exemption benefits will GO AWAY the year after they sell and this may result in higher taxes for a buyer. Please use the Property Tax Calculator to get a better annual tax estimate if you are purchasing this property.