NOT LISTED FOR SALE

120 Sunset Ave Unit 2AW Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $5,981,000 - $7,474,000

3 Beds
3.5 Baths
2,907 Sq Ft
$5,456/mo HOA Fee

Last Sold July 31, 2014

Last sale price $2,100,000 $722 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $44,767/month

228 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Community Cabanas
  • Waterfront

About This Home

As of July 2014

Live the luxury lifestyle afforded be ownership at the Leverett House. Only 21 total units, 2 pools, private cabana, full complex generator, 25 hour doorman, parking garage for 2 cars, new gym, private beach access and exquisite grounds. Unit 2A boasts 3 bedrooms, 3.5 baths, volume ceilings, formal dining room, eat-in kitchen, floor to ceiling glass in all major rooms, sitting room off master, and generous closet space.

Last Agent to Sell the Property

Maureen Woodward

Brown Harris Stevens of PB License #537895 Listed on: 11/14/2013

Brown Harris Stevens of PB

Co-Listed By

Lauren Kesselman

Brown Harris Stevens of PB License #3055373

Last Buyer's Agent

Linda Gary

Linda A. Gary Real Estate License #130558

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,714

Year Built

  • Built in 1982

Lot Details

  • Waterfront
  • Sprinkler System

HOA Fees

  • $5,456 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Garage Door Opener

Property Views

  • Garden
  • Pool

Interior Spaces

  • 2,907 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Heated Pool
  • Property has ocean access

Utilities

  • Zoned Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 50434323130020021

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, maintenance structure, pest control, pool(s), reserve fund, trash
  • Leverett House Condo Subdivision

Amenities

  • Doorman
  • Elevator
  • Bike Room

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Trails

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,714

Year Built

Built in 1982

Lot Details

0

HOA Fees

$5,456 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Ocean block one street north of Royal Poinciana Way
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, High Ceilings, Pantry, Split Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Tile, Wood
  • Living Area: 2907.0
  • Dining Room Type: Laundry
  • Stories: 4
  • Window Features: Drapes, Sliding

Exterior Features

  • View: Garden, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, None, Association, Community
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Construction Type: Block

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Door Man, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 5456.0
  • Community Features: Property Manager On-Site, Pool, Street Lights
  • Senior Community: No
  • Amenities: Bike Storage, Cabana, Fitness Center, Management, Pool, Trail(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Reserve Fund, Trash

Lot Info

  • Parcel #: 50434323130020021
  • Zoning Description: RD-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 22714.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2013
Closed on
Jul 24, 2014
Sold by
Shlinger Harry J and The Sarita Gantz Qualifield Pe
Bought by
Lowerre Paul
Seller's Agent
Maureen Woodward
Brown Harris Stevens of PB
Buyer's Agent
Linda Gary
Linda A. Gary Real Estate
List Price
$2,485,000
Sold Price
$2,100,000
Premium/Discount to List
-$385,000
-15.49%
Current Estimated Value
$6,365,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,265,838
Avg. Annual Appreciation
9.63%
Original Mortgage
$1,000,000
Outstanding Balance
$725,708
Interest Rate
2.48%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,069,229

Purchase Details

Closed on
May 24, 1995
Sold by
Gantz Sarita
Bought by
Shlinger Harry J
Source: Public Records

Range of Values:

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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
Lowerre Paul $2,100,000 Attorney
Shlinger Harry J $89,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowerre Paul $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $2,100,000 -15.5% $722 / Sq Ft
07/01/2014 07/01/14 Pending -- -- --
11/14/2013 11/14/13 For Sale $2,485,000 -- $855 / Sq Ft
Source: BeachesMLS

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 $53,478 $3,460,600 -- --
2023 $51,273 $3,146,000 $0 $0
2022 $48,443 $2,860,000 $0 $0
2021 $42,683 $2,600,000 $0 $2,600,000
2020 $41,726 $2,500,000 $0 $2,500,000
2019 $42,605 $2,500,000 $0 $2,500,000
2018 $38,594 $2,350,000 $0 $2,350,000
2017 $36,318 $2,200,000 $0 $0
2016 $35,151 $1,925,000 $0 $0
2015 $31,448 $1,750,000 $0 $0
2014 $26,412 $1,450,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R9993729

BeachesMLS

APN: 50-43-43-23-13-002-0021