NOT LISTED FOR SALE

125 Chilean Ave Palm Beach, FL 33480

Estimated Value: $6,830,130 - $8,718,000

3 Beds
3 Baths
2,176 Sq Ft
$3,486/Sq Ft Est. Value

Sale Details

Date Sold: October 16, 2019

Last sale price $2,665,000 $1,225 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $44,347 / mo

249 Days on Market

Highlights

  • Private Pool
  • No HOA
  • North Facing Home
  • Palm Beach Public School Rated A-
  • Cooling Available
  • Heating Available

About This Home

As of October 2019

A lovely little gem in the heart of town with a country French soul to it that is topped with a handsome multi-hued barrel tile roof and terra cotta and brick patios, arbors all around. Le Ciel Bleu, The Blue Sky is a fitting name for this charming cottage featuring spacious rooms, most with French doors to a patio area or pool area. Three bedrooms and three baths, new kitchen, terra cotta floors, clerestory windows in the entry and library inviting in more blue sky. A surprise secret garden at the rear of the property is off the master bedroom. World class shopping, fine dining and the beach all within a block or two. Impact windows and doors and the beautiful terra cotta roof from 2004.

Last Agent to Sell the Property

Gary Little

Sotheby's Intl. Realty, Inc. License #497423 Listed on: 01/24/2019

Sotheby's Intl. Realty, Inc.

Co-Listed By

Lynn Warren

Sotheby's Intl. Realty, Inc. License #497454

Last Buyer's Agent

Kendall Pickett

Brown Harris Stevens of PB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,990

Year Built

  • Built in 1970

Lot Details

  • 6,250 Sq Ft Lot
  • North Facing Home
  • Property is zoned R-B(ci

Interior Spaces

  • 2,176 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Royal Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434323050080291

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,990

Year Built

Built in 1970

Lot Details

6,250 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Ocean Blvd to Chilean Ave to Address
  • Year Built: 1970
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 2176.0
  • Stories: 1

Exterior Features

  • Pool Private: Yes
  • Waterfront: No
  • Direction Faces: North

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Parcel #: 50434323050080291
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098.4
  • Mobile Dim Units: Feet
  • Zoning: R-B(ci

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 16990.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2019
Closed on
Oct 15, 2019
Sold by
Collins James L and Collins Susan S
Bought by
Koundourakis Alex and Koundourakis Christiane
Seller's Agent
Gary Little
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Kendall Pickett
Brown Harris Stevens of PB
List Price
$2,995,000
Sold Price
$2,665,000
Premium/Discount to List
-$330,000
-11.02%
Current Estimated Value
$7,586,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,921,033
Avg. Annual Appreciation
17.43%
Original Mortgage
$2,665,000
Outstanding Balance
$2,267,928
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$5,318,105

Purchase Details

Closed on
Apr 20, 1998
Sold by
Bogan Harvey S
Bought by
Collins James L and Collins Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 1995
Sold by
Bessemer Tr Co Fl
Bought by
Bogan Harvey S
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Koundourakis Alex $2,665,000 Attorney
Collins James L $525,000 --
Bogan Harvey S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koundourakis Alex $2,665,000
Previous Owner Collins James L $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2019 10/16/19 Sold $2,665,000 -11.0% $1,225 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $2,995,000 -- $1,376 / 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 $52,849 $3,171,259 -- --
2024 $52,849 $2,882,963 -- --
2023 $50,182 $2,620,875 $0 $0
2022 $43,118 $2,382,614 $0 $0
2021 $37,381 $2,355,935 $2,062,500 $293,435
2020 $33,395 $1,969,103 $1,785,000 $184,103
2019 $28,975 $1,665,732 $1,615,000 $50,732
2018 $30,015 $1,785,075 $1,688,561 $96,514
2017 $16,990 $1,005,492 $0 $0
2016 $16,426 $984,811 $0 $0
2015 $16,982 $977,965 $0 $0
2014 $17,063 $970,203 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10498624

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-23-05-008-0291

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