Property Detail

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

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

Sales Information

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

Exemption Information

No Exemption Information Available.

Property Information

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)

Building Details

Structural Details

Structural Element for Building 1 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 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

Sketch for Building 1

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

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

Appraisals

Tax Year	2026	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

Assessed and Taxable Values

Tax Year	2026	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

Taxes

Tax Year	2026	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

Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov