Property detail

Field Value
Location Address 220 WELLS RD
Municipality PALM BEACH
Parcel Control Number 50-43-43-14-07-000-0260
Subdivision ADAMS ADD IN
Official Records Book/Page 35643 / 1543
Sale Date 03/28/2025
Legal Description ADAMS ADD LT 26

Owner INFORMATION

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Owner(s) Mailing Address Actions
220 WELLS TRUST
440 ROYAL PALM WAY # 101
PALM BEACH FL 33480 4113

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
03/28/2025 $16,175,000 35643 / 01543 WARRANTY DEED 220 WELLS TRUST
06/07/2019 $10 30684 / 01274 WARRANTY DEED TRAULSEN REGINE TRUST
01/15/2004 $3,765,000 16462 / 01164 WARRANTY DEED TRAULSEN REGINE
11/01/1994 $100 08514 / 00223 QUIT CLAIM
06/01/1994 $1,730,000 08308 / 01141 WARRANTY DEED
09/01/1992 $1,900,000 07424 / 00504 WARRANTY DEED
03/01/1991 $1,900,000 06759 / 01166 WARRANTY DEED
03/01/1987 $395,000 05202 / 01413 WARRANTY 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
FOP Finished Open Porch 108
FGR Finished Garage 506
FCB Finished Cabana 435
BAS Base Area 16
BAS Base Area 4723
Total Square Footage 5788
Area Under Air 4739

Field Value
Total Number of Units Per Parcel
Total Square Feet* 5788
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 MSY: CB STUCCO
Year Built 1989
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 4
Full Baths 7
Half Baths 1
Exterior Wall 2 NONE
Roof Structure FLAT
Roof Cover BUILT-UP TAR/GRAVEL
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 MARBLE
Floor Type 2 CERAMIC/QUARRY TILE
Stories 1

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Patio Roof 2010 576
Patio Roof 2007 280
Pool - In-Ground 1989 1

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 $2,522,962 $1,086,144 $1,175,303 $1,056,477 $827,329
Land Value $9,705,000 $9,997,500 $10,530,000 $10,125,000 $7,575,000
Total Market Value $12,227,962 $11,083,644 $11,705,303 $11,181,477 $8,402,329
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $2,522,962 $1,086,144 $1,175,303 $1,056,477 $827,329 $1,431,671 $1,180,933 $1,186,952 $1,282,078 $1,498,985
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 $12,227,962 $11,083,644 $11,705,303 $11,181,477 $8,402,329 $6,238,121 $5,203,393 $5,097,677 $6,253,449 $5,540,750

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 $12,227,962 $5,423,313 $5,270,469 $5,116,960 $4,967,922
Exemption Amount $0 $50,722 $50,000 $50,000 $50,000
Taxable Value $12,227,962 $5,372,591 $5,220,469 $5,066,960 $4,917,922
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $12,227,962 $5,423,313 $5,270,469 $5,116,960 $4,967,922 $4,823,225 $4,756,632 $4,649,689 $4,562,992 $4,469,140
Exemption Amount $0 $50722 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $12,227,962 $5,372,591 $5,220,469 $5,066,960 $4,917,922 $4,773,225 $4,706,632 $4,599,689 $4,512,992 $4,419,140

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $181,255 $80,048 $77,788 $76,230 $76,367
NON AD VALOREM $1,466 $1,453 $1,442 $1,322 $1,318
TOTAL TAX $182,721 $81,501 $79,230 $77,552 $77,685
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $181,255 $80,048 $77,788 $76,230 $76,367 $77,618 $77,806 $77,350 $73,713 $73,778
NON AD VALOREM $1,466 $1,453 $1,442 $1,322 $1,318 $1,434 $1,412 $1,412 $1,423 $1,394
TOTAL TAX $182,721 $81,501 $79,230 $77,552 $77,685 $79,051 $79,218 $78,762 $75,136 $75,172

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.