NOT LISTED FOR SALE

122 Peruvian Ave Unit 40 Palm Beach, FL 33480

Estimated Value: $947,000 - $1,730,000

1 Bed
1 Bath
604 Sq Ft
$466/mo HOA Fee

Last Sold May 30, 2019

Last sale price $550,000 $911 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $7,589/month

22 Days on Market

Highlights

  • Furnished
  • Separate Shower in Primary Bathroom
  • Central Heating and Cooling System
  • Palm Beach Public School Rated A-
  • Home Security System
  • East Facing Home

About This Home

As of May 2019

This vintage Art-Deco-Styled enclave has been completely restored with this 2nd floor 1-bedroom, 1-bath Palm Beach escape. Designer furnished in a sleek, modern style. Impact glass windows & doors, privacy blinds, porcelain tile throughout, plantation louvered doors, and a full-sized washer & dryer. One block over from boutiques & fine restaurants on Worth Avenue.

Last Agent to Sell the Property

Thor Brown

Compass Florida LLC License #3022293 Listed on: 03/04/2019

Compass Florida LLC

Last Buyer's Agent

Thor Brown

Compass Florida LLC License #3022293 Listed on: 03/04/2019

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,864

Year Built

  • Built in 1976

HOA Fees

  • Property has a Home Owners Association

Parking

  • Open Parking

Interior Spaces

  • 604 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • East Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434326120000040

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance
  • 14 Units
  • Peruvian Condo Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,864

Year Built

Built in 1976

Lot Details

0

HOA Fees

$466 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: South County to Peruvian. Building is on the right.
  • Year Built: 1976
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: None

Interior Features

  • Interior Amenities: None, Separate Shower
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 604.0
  • Stories: 2

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Laundry Features: Inside
  • Security: Security System Owned, Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 466.0
  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: Yes
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds

Lot Info

  • Parcel #: 50434326120000040
  • Mobile Dim Units: Feet
  • Zoning: R-C(ci

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5864.0

Multi Family

  • Number Of Units In Community: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
May 24, 2019
Sold by
Silverman Leon
Bought by
Rapa Dennis H and Gillespie Joanne
Seller's Agent
Thor Brown
Compass Florida LLC
Buyer's Agent
Thor Brown
Compass Florida LLC
List Price
$598,000
Sold Price
$550,000
Premium/Discount to List
-$48,000
-8.03%
Current Estimated Value
$1,223,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$673,779
Avg. Annual Appreciation
12.62%
Original Mortgage
$400,000
Outstanding Balance
$341,356
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$882,423

Purchase Details

Listed on
Dec 16, 2015
Closed on
Jan 8, 2016
Sold by
A B Jaya Llc
Bought by
Silverman Leon
Seller's Agent
Debra Grogis
Partnership Realty Inc.
Buyer's Agent
Debra Grogis
Partnership Realty Inc.
List Price
$450,000
Sold Price
$418,000
Premium/Discount to List
-$32,000
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%

Purchase Details

Listed on
Feb 26, 2014
Closed on
Sep 12, 2014
Sold by
Baer Nacy
Bought by
Ab Jaya Llc
Seller's Agent
Debra Grogis
Partnership Realty Inc.
Buyer's Agent
Debra Grogis
Partnership Realty Inc.
List Price
$355,000
Sold Price
$275,000
Premium/Discount to List
-$80,000
-22.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.68%

Purchase Details

Closed on
Nov 21, 2002
Sold by
Elis Paul and Elis Lena
Bought by
Baer Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
6.15%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 28, 2002
Sold by
Smolen Pregadio Cara and Pregadio Joseph
Bought by
Elis Paul and Elis Lena

Purchase Details

Closed on
Sep 3, 1998
Sold by
Rusk Brian D and Rusk Maureen M
Bought by
Smolen Cara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,950
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 1993
Sold by
Grant Richard H and Grant Helen K
Bought by
Rusk Brian D and Rusk Maureen Millane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.99%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Rapa Dennis H $550,000 Attorney
Silverman Leon $418,000 Lighthouse Title Svcs Llc
Ab Jaya Llc $275,000 Equity Land Title Llc
Baer Nancy $230,000 Fidelity National Title Ins
Elis Paul $202,000 Title Matters Llc
Smolen Cara $118,900 --
Rusk Brian D $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rapa Dennis H $400,000
Previous Owner Baer Nancy $161,000
Previous Owner Smolen Cara $180,000
Previous Owner Smolen Cara $112,950
Previous Owner Rusk Brian D $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2019 05/30/19 Sold $550,000 -8.0% $911 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $598,000 +43.1% $990 / Sq Ft
01/15/2016 01/15/16 Sold $418,000 -7.1% $692 / Sq Ft View Prior Sale
12/16/2015 12/16/15 For Sale $450,000 +63.6% $745 / Sq Ft
09/12/2014 09/12/14 Sold $275,000 -22.5% $440 / Sq Ft View Prior Sale
08/13/2014 08/13/14 Pending -- -- --
02/26/2014 02/26/14 For Sale $355,000 -- $568 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $9,213 $622,243 -- --
2024 $9,213 $565,675 -- --
2023 $8,839 $514,250 $0 $0
2022 $7,963 $467,500 $0 $0
2021 $7,218 $425,000 $0 $425,000
2020 $6,998 $405,000 $0 $405,000
2019 $6,699 $385,000 $0 $385,000
2018 $5,864 $340,000 $0 $340,000
2017 $5,482 $310,000 $0 $0
2016 $3,881 $220,000 $0 $0
2015 $3,770 $205,000 $0 $0
2014 $3,511 $188,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10509879

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-26-12-000-0040

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