231 WELLS RD, PALM BEACH, FL 33480
Parcel: 50434314060000140 · Single Family · Zoning: 001
Property Details
Sales History
Tax Assessment History
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| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $11,203,360 | $14,519,190 | $11,203,360 | $228,091 | $7,210,000 | $7,309,192 |
| 2025 | $14,519,192 | $14,519,192 | $14,519,192 | $295,599 | $7,210,000 | $7,309,192 |
About 231 WELLS RD, PALM BEACH, FL 33480
231 WELLS RD, PALM BEACH, FL 33480 is a property built in 2001 on a 14,000 square foot lot. The property is currently owned by OHARA SEAN E TRUST & MAGUIRE MEGAN TRUST, recorded as of 2026-04-03. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2025-03-06 for $19,000,000. There are 3 recorded sales for this property. The 2026 assessed value is $11,203,360 with a market value of $14,519,190.
This breaks down to $7,210,000 for the land and $7,309,192 for the building. The assessed value decreased 23% from $14,519,192 in 2025. The median household income in this area is $250,001, and the median home value is $2,000,001.
The population density is 1,713 people per square mile. There are active mortgage liens totaling $9,871,896 recorded against this property. 231 WELLS RD, PALM BEACH, FL 33480 is located in PALM BEACH, Florida.
Property records, tax assessments, sales history, and ownership information for this PALM BEACH property are sourced from palm_beach County public records. The complete ownership history of this property spans from 2025 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 59% of the most recent sale price.
This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..
Current Owner
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Est. Annual Insurance
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.