NOT LISTED FOR SALE

101 Worth Ave Unit 5c Palm Beach, FL 33480

Estimated Value: $6,229,000 - $11,411,730

3 Beds
3 Baths
3,850 Sq Ft
$2,291/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $6,400,000 $1,662 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $58,998/month

77 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Wine Refrigerator

About This Home

As of April 2017

Palm Beach’s Gold Standard can be yours! Rarely available oceanfront 3 bedrooms/3.1 baths + den (4,150sf) in Worth Avenue’s most exclusive boutique full service building. With glorious wide ocean views on high floor, it boasts high ceilings, gracious living spaces, marble flooring, 2 garage spaces, storage and a resort-style pool area. A buying opportunity.

Last Agent to Sell the Property

Paulette Koch

The Corcoran Group License #3068398 Listed on: 09/09/2016

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

Paulette Koch

The Corcoran Group License #3068398 Listed on: 09/09/2016

The Corcoran Group

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $45,943

Year Built

  • Built in 1974

Lot Details

  • Ocean Front
  • Home has East and West Exposure

HOA Fees

  • $4,301 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 3,850 Sq Ft Home
  • Wet Bar
  • Dining Room
  • Library
  • Storage
  • Utility Room
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool
  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434326080000053

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 20 Units
  • Kirkland House Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$45,943

Year Built

Built in 1974

Lot Details

0

HOA Fees

$4,301 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Kirkland House
  • Year Built: 1974
  • Location Tax Legal:Name of Building: Kirkland House
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 45942.85
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Living Area: 3850.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 12902.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 20
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Unit:Living Room View: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Exposure of Unit:West2: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Ocean- Across Street: Yes
  • Waterfront-Unit:Ocean- Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Oven-Double, Microwave, Washer, Dryer, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, W/W Carpeting
  • Interior Amenities: Cable, Storage, Wet Bar
  • Living Area: 3850.0
  • Stories: 6
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Storm Shutters- Auto, Elevator, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Storm Shutters- Auto: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_two_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Door Person
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434326080000053
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 20
  • Maintenance Expense: 12902.0

Tax Info

  • Tax Annual Amount: 45942.85
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2019
Sold by
Oelbaum Nancy L and Oelbaum Nancy Lou
Bought by
Declaration Oelbaum Nancy Lou and Declaration Nancy Lou Oelbaum
Current Estimated Value
$8,820,365

Purchase Details

Listed on
Sep 9, 2016
Closed on
Apr 21, 2017
Sold by
Parkwood Trust Company
Bought by
Oelbaum Harold and Oelbaum Nancy L
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$6,400,000
Sold Price
$6,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.23%
Interest Rate
3.97%

Purchase Details

Closed on
Jul 31, 2006
Sold by
Mandel Joseph C and Mandel Florence
Bought by
Mandel Jack N and Mandel Morton L
Source: Public Records

Range of Values:

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Average Value
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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
Declaration Oelbaum Nancy Lou -- Attorney
Oelbaum Harold -- Attorney
Oelbaum Harold $6,400,000 Attorney
Mandel Jack N -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mandel Morton L --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Sold $6,400,000 0.0% $1,662 / Sq Ft
11/25/2016 11/25/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $6,400,000 -- $1,662 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $84,113 $5,688,603 -- --
2023 $82,427 $5,522,916 $0 $0
2022 $82,574 $5,362,054 $0 $0
2021 $83,923 $5,205,878 $0 $0
2020 $84,383 $5,134,002 $0 $0
2019 $84,227 $5,018,575 $0 $0
2018 $79,970 $4,925,000 $0 $0
2017 $90,715 $5,425,000 $0 $0
2016 $44,423 $2,616,783 $0 $0
2015 $45,943 $2,598,593 $0 $0
2014 $46,162 $2,577,969 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-1902

APN: 50-43-43-26-08-000-0053