120 Atlantic Ave Palm Beach, FL 33480
North End Neighborhood
5
Beds
5
Baths
5,188
Sq Ft
0.3
Acres
Highlights
- Property has ocean access
- Outdoor Pool
- Mediterranean Architecture
- Palm Beach Public School Rated A-
- Waterfront
- Lanai
About This Home
As of March 2019Built in 1990 this Classic Mediterranean with private direct oceanfront beach parcel is a rare find! This gracious 5 bedroom 5.5 bath home with new impact windows, open floor plan, and floating staircase is fabulous for entertaining. Custom kitchen with 3 sub-zero refrigerators, 3 wine coolers, 2 Miele dishwashers, and spacious laundry room, two car garage, wonderful pool & spa, lots of storage
Last Agent to Sell the Property
Linda R. Olsson Inc. License #BK432027 Listed on: 04/07/2016
Last Buyer's Agent
NON MEMBER
NON MEMBER FIRM
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $61,092
Year Built
- Built in 1990
Lot Details
- Waterfront
- Home has North and South Exposure
- 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
- 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
- Homestead Exemption
- Assessor Parcel Number 50434314260000050
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
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,048,597
Avg. Annual Appreciation
6.77%
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
Similar Homes in Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $6,100,000 | Petch Reef Title Company Inc | |
| Warranty Deed | $5,800,000 | Attorney | |
| Warranty Deed | $3,200,000 | -- | |
| Warranty Deed | $1,250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $225,000 | New Conventional | |
| Previous Owner | $750,000 | New Conventional |
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
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
-
FARRAH SCOTT
F
Seller's Agent in 2019
FARRAH SCOTT
Douglas Elliman
(310) 600-3093
4 Total Sales
-
Paul Bergman
Seller Co-Listing Agent in 2019
Paul Bergman
Douglas Elliman
(310) 498-4883
8 in this area
33 Total Sales
-
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
92 Total Sales
-
N
Buyer's Agent in 2016
NON MEMBER
NON MEMBER FIRM
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 16-852
APN: 50-43-43-14-26-000-0050
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