NOT LISTED FOR SALE

120 Atlantic Ave Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $8,117,000 - $11,761,396

5 Beds
5 Baths
5,188 Sq Ft
$1,802/Sq Ft Est. Value

Last Sold March 07, 2019

Last sale price $6,100,000 $1,176 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $64,339/month

227 Days on Market

Highlights

  • Property has ocean access
  • Outdoor Pool
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Waterfront
  • Lanai

About This Home

As of March 2019

Come home to the old world charm of this Mediterranean home located in the heart of Palm Beach. Located on the classic ocean block of Atlantic Ave. this home features 5 spacious bedrooms, 5.5 baths, beautiful architectural touches, custom chef's kitchen including 2 Miele dishwashers, 3 sub-zero refrigerators and wine coolers. The open floorpan is capped off with a stunning floating masterpiece of a staircase seen as soon as you enter the home. Lavish pool and spa area perfect for in-season entertaining or cooling off in the summer. Steps to the world famous beaches of Palm Beach and two blocks to the lake trail. Short drive to the world renowned shopping on Worth Avenue. Escape the winter in style and make this gorgeous Palm Beach estate yours!

Last Agent to Sell the Property

FARRAH SCOTT

Douglas Elliman License #SL-3303556 Listed on: 06/29/2018

Douglas Elliman

Co-Listed By

Paul Bergman

Douglas Elliman License #SL-3248699

Last Buyer's Agent

CHRISTIAN ANGLE

Earl A. Hollis, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,431

Year Built

  • Built in 1990

Lot Details

  • 0.3 Acre Lot
  • Waterfront
  • Back and Front Yard Fenced
  • Sprinkler System
  • Property is zoned R-B - Low Density Residential, R-B - Low Density

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,188 Sq Ft Home
  • Elevator
  • Ceiling Fan
  • Fireplace
  • Double Hung Windows
  • Sliding Windows
  • Dining Room
  • Library
  • Parquet Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Parangon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314260000050

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,431

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: 120'
  • Subdivision Name: Parangon
  • Architectural Style: Mediterranean
  • Year Built: 1990
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 68430.52
  • Location Tax Legal:Tax Year2: 2017
  • General Property Description:Living Area: 5188.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 120'
  • Windows:Impact Glass - Full: Yes
  • Windows:Sliding: Yes
  • General Property Description:Lot SqFt: 13068
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Impact Glass: Yes
  • Roof:Barrel Tile: Yes
  • Style:Mediterranean: Yes
  • Floors:Parquet: Yes
  • Windows:Double Hung: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Electric, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Parquet
  • Interior Amenities: Bidet, Cable, Ceiling Fan, Elevator, Fireplace, Pantry
  • Living Area: 5188.0
  • Window Features: Double Hung, Impact Glass, Impact Glass-Full, Sliding
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Bidet: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Fence-Front Wall, Ocean Access-Deeded, Sprinkler System
  • Roof: Barrel
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Fence-Front Wall: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached, Air Conditioned
  • Garage: Yes
  • Garage:_two_ Car: Yes
  • Garage:Air Conditioned: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 13068.0
  • Parcel #: 50434314260000050
  • Zoning: R-B - Low Density
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 68430.52
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Mar 7, 2019
Sold by
Hui Xin
Bought by
Fitzpatrick Molly
Seller's Agent
FARRAH SCOTT
Douglas Elliman
Buyer's Agent
CHRISTIAN ANGLE
Earl A. Hollis, Inc.
List Price
$6,100,000
Sold Price
$6,100,000
Total Days on Market
227
Current Estimated Value
$9,346,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,246,465
Avg. Annual Appreciation
7.08%

Purchase Details

Listed on
Apr 7, 2016
Closed on
Nov 28, 2016
Sold by
Ward Charles and Ward Donna
Bought by
Hui Zin
Seller's Agent
Linda R Olsson
Linda R. Olsson Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$5,800,000
Sold Price
$5,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.26%

Purchase Details

Closed on
May 15, 2002
Sold by
Mcintosh Henderson Ian and Lowe Henderson Sharon
Bought by
Ward Charles

Purchase Details

Closed on
Jul 12, 1996
Sold by
Gerlach Charles W and Gerlach Betty C
Bought by
Henderson Ian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.99%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Fitzpatrick Molly $6,100,000 Petch Reef Title Company Inc
Hui Zin $5,800,000 Attorney
Ward Charles $3,200,000 --
Henderson Ian M $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Henderson Ian M $225,000
Previous Owner Henderson Ian M $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2019 03/07/19 Sold $6,100,000 0.0% $1,176 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
06/29/2018 06/29/18 For Sale $6,100,000 +5.2% $1,176 / Sq Ft
12/01/2016 12/01/16 Sold $5,800,000 0.0% $1,118 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $5,800,000 -- $1,118 / 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 $144,270 $9,694,603 -- --
2023 $146,895 $9,781,320 $5,551,580 $4,229,740
2022 $109,291 $6,688,243 $0 $0
2021 $101,109 $6,338,679 $4,769,246 $1,569,433
2020 $90,909 $5,471,123 $4,000,300 $1,470,823
2019 $81,170 $4,779,075 $3,840,300 $938,775
2018 $76,452 $4,907,796 $4,001,600 $906,196
2017 $68,431 $4,068,588 $3,150,634 $917,954
2016 $59,072 $3,464,227 $0 $0
2015 $61,092 $3,440,146 $0 $0
2014 $61,585 $3,381,628 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2019

    FARRAH SCOTT

    Douglas Elliman

    (310) 600-3093

    4 Total Sales

    FARRAH SCOTT
    Section Image
  • Paul Bergman

    Seller Co-Listing Agent in 2019

    Paul Bergman

    Douglas Elliman

    (310) 498-4883

    10 in this area

    36 Total Sales

    Paul Bergman
    Section Image

  • C

    Buyer's Agent in 2019

    CHRISTIAN ANGLE

    Earl A. Hollis, Inc.

  • Linda R Olsson

    Seller's Agent in 2016

    Linda R Olsson

    Linda R. Olsson Inc.

    (561) 820-9195

    22 in this area

    93 Total Sales

    Linda R Olsson
    Section Image

  • N

    Buyer's Agent in 2016

    NON MEMBER

    NON MEMBER FIRM

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-1311

APN: 50-43-43-14-26-000-0050

Florida Palm Beach County Palm Beach 33480 North End

120 Atlantic Ave, Palm Beach, FL

This home is located at 120 Atlantic Ave, Palm Beach, FL 33480 since 29 June 2018 and is currently estimated at $9,346,465, approximately $1,801 per square foot. This property was built in 1990. 120 Atlantic Ave is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

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