NOT LISTED FOR SALE

Admiralty Condominiums 1208 Marine Way Unit 908 Floor 11 North Palm Beach, FL 33408

Estimated Value: $325,735 - $490,000

2 Beds
2 Baths
1,118 Sq Ft
$643/mo HOA Fee

Last Sold June 19, 2018

Last sale price $265,000 $237 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,052/month

134 Days on Market

Highlights

  • Ocean View
  • Property fronts an intracoastal waterway
  • Sauna
  • Boat Ramp
  • Gated with Attendant
  • Community Pool

About This Home

As of June 2018

Beautifully updated 2 BR/ 2 BA condo on the water at Old Port Cove with scenic views of the marina, Intracoastal and Ocean. Updates include new air conditioning, new shower and washer/dryer in unit. This condo offers unobstructed views in every direction. Comes with a covered parking spot conveniently close to the elevator and entrance. Amenities include library, heated pool, tennis court, new elevators, entry and hallways, and free Wi-Fi in library and pool area. On-site management, 24 hour manned gate, 2-mile walking path and Sandpiper Cove restaurant. Minutes to shops and restaurants at PGA, serene beaches, I-95, and Palm Beach International airport.

Last Agent to Sell the Property

Jeff Lichtenstein

Echo Fine Properties License #698097 Listed on: 01/05/2018

Last Buyer's Agent

Jacqueline J Imbertson

The Keyes Company License #3187244

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,215

Year Built

  • Built in 1971

Lot Details

  • North Facing Home

HOA Fees

  • $643 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 1,118 Sq Ft Home
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 68434209190019080

Community Details

Overview

  • Association fees include management, cable TV, insurance, reserve fund, sewer, security, water
  • 186 Units
  • Old Port Cove Condo One Subdivision
  • 12-Story Property

Amenities

  • Sauna

Recreation

  • Boat Ramp
  • Boating

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,215

Year Built

Built in 1971

Lot Details

0

HOA Fees

$643 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: FROM PGA, SOUTH ON US HWY ONE, LEFT INTO OLD PORT COVE, BUILDING ON NORTH END OF OLD PORT COVE
  • Year Built: 1971
  • Entry Level: 11
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: None

Interior Features

  • Interior Amenities: Living/Dining Room, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1118.0
  • Dining Room Type: Laundry
  • Stories: 12

Exterior Features

  • View: Intercoastal, Ocean
  • Pool Features: None, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Guest

Utilities

  • Security: Gated with Guard, Phone Entry
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 643.0
  • Community Features: Boat Facilities, Property Manager On-Site, Pool, Sauna, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Reserve Fund, Sewer, Security, Water

Lot Info

  • Parcel #: 68434209190019080
  • Zoning Description: RES

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3215.0

Multi Family

  • Number Of Units In Community: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2018
Closed on
Jun 14, 2018
Sold by
Scholla Peter and Scholla Jutta
Bought by
Defresco Richard J and Conover Defresco Christine
Seller's Agent
Jeff Lichtenstein
Echo Fine Properties
Buyer's Agent
Jacqueline J Imbertson
The Keyes Company
List Price
$295,000
Sold Price
$265,000
Premium/Discount to List
-$30,000
-10.17%
Current Estimated Value
$381,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,684
Avg. Annual Appreciation
5.00%
Original Mortgage
$175,000
Outstanding Balance
$150,706
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$230,978

Purchase Details

Listed on
Oct 23, 2015
Closed on
Nov 24, 2015
Sold by
Liang John and Hui Hildegardis Liang
Bought by
Scholla Peter and Scholla Jutta
Seller's Agent
Diana Casper
Illustrated Properties, LLC
Buyer's Agent
Diana Casper
Illustrated Properties, LLC
List Price
$205,000
Sold Price
$192,500
Premium/Discount to List
-$12,500
-6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.24%

Purchase Details

Closed on
Jul 27, 2015
Sold by
Ludmer Mario
Bought by
Liang John and Liang Hui Hildegardis

Purchase Details

Closed on
Oct 25, 2006
Sold by
Ludmer Maria Liang
Bought by
Liang John and Hui Hildegardis Liang

Purchase Details

Closed on
Apr 19, 2001
Sold by
Clyde Jr H Seaton I
Bought by
Ludmer Mario and Ludmer Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Defresco Richard J $265,000 The Title Network Inc
Scholla Peter $192,500 The Title Network Inc
Liang John -- Attorney
Liang John -- None Available
Ludmer Mario $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Defresco Richard J $175,000
Previous Owner Ludmer Mario $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2018 06/19/18 Sold $265,000 -10.2% $237 / Sq Ft
05/20/2018 05/20/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $295,000 0.0% $264 / Sq Ft
04/19/2017 04/19/17 Rented -- -- --
03/20/2017 03/20/17 Under Contract -- -- --
12/28/2016 12/28/16 For Rent $2,100 0.0% --
11/24/2015 11/24/15 Sold $192,500 -6.1% $172 / Sq Ft View Prior Sale
10/25/2015 10/25/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $205,000 -- $183 / 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
2025 $4,830 $244,000 -- --
2024 $4,830 $281,190 -- --
2023 $4,589 $273,000 $0 $273,000
2022 $5,741 $325,600 $0 $0
2021 $5,415 $260,000 $0 $260,000
2020 $5,156 $250,000 $0 $250,000
2019 $4,658 $215,000 $0 $215,000
2018 $3,606 $180,000 $0 $180,000
2017 $3,215 $150,000 $0 $0
2016 $3,499 $160,000 $0 $0
2015 $3,009 $118,580 $0 $0
2014 $2,633 $107,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10393788

BeachesMLS

APN: 68-43-42-09-19-001-9080