NOT LISTED FOR SALE

133 Hammon Ave Unit 5 Palm Beach, FL 33480

Estimated Value: $3,980,861 - $4,108,000

2 Beds
3 Baths
1,921 Sq Ft
$2,105/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $2,540,000 $1,322 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $26,772/month

34 Days on Market

Highlights

  • Outdoor Pool
  • Lanai
  • Eat-In Kitchen
  • Palm Beach Public School Rated A-
  • Wine Refrigerator
  • High Impact Windows

About This Home

As of September 2020

This chic Palm Beach residence represents a singular opportunity steps from Palm Beach Island's storied Worth Ave. The property's meticulously turfed courtyard under a canopy of mature sea grape presages the hushed and private aesthetic continued throughout the home. A stately outdoor kitchen with a best in class gas grill is nestled in travertine tile buttressing the outdoor living space. Located less than a block from one of the island's most renowned beaches this residence is a rare opportunity in this coastal neighborhood.

Inside, a meticulously remodeled interior awaits. New floors and provincial inspired vaulted ceilings are accentuated by immaculate stainless-steel appliances nestled in bespoke cabinetry. The home's two bedrooms are complimented by three and a half bathrooms boldly reimagined with impeccable finishings. The master suite boasts a roomy walk in closet with custom cabinetry. The home's dedicated office provides a studious and contemplative space for occupational pursuits. This understated property in a prime location on Palm Beach Island offers a unique opportunity in one of South Florida's most prized enclaves.

Last Agent to Sell the Property

Matthias Fretz

Douglas Elliman-Jupiter License #SL-3283808 Listed on: 08/07/2020

Douglas Elliman-Jupiter

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $24,138

Year Built

  • Built in 2008

Lot Details

  • Home has North and South Exposure
  • Back and Front Yard Fenced

HOA Fees

  • $1,108 Monthly HOA Fees

Interior Spaces

  • 1,921 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Storage

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Instant Hot Water

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434326090010050

Community Details

Overview

  • Association fees include insurance, common area, maintenance exterior, trash, sewer
  • 5 Units
  • Ocean Colony Community
  • On-Site Maintenance

Amenities

  • Common Area

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$24,138

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,108 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Royal Palm east to Ocean Blvd, South on Ocean, Right (west) on to Hammon. Property will be on your right. Park in 2 hour Parking.
  • Building Name: Ocean Colony
  • Year Built: 2008
  • Location Tax Legal:Name of Building: Ocean Colony
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 24138.26
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Living Area: 1921.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 13300.0
  • General Property Description:Per: Year
  • General Property Description:_pound_ Units in Complex: 5
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Security System: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Exposure of Unit:North2: Yes
  • Floors:WW Carpeting: Yes
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Pool:Heated Elec: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Refrigerator-Wine, Freezer, Instant Hot Water, Microwave, Washer, Dryer, Range - Gas
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile, W/W Carpeting
  • Interior Amenities: Cable, Storage, Other (See Remarks), Smoke Alarms, Pantry
  • Living Area: 1921.0
  • Stories: 2
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Other (See Remarks)3: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Instant Hot Water: Yes

Exterior Features

  • Pool Features: Pool, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Patio/Lanai, Impact Doors, Impact Windows, Fence - Back Wall, Fence - Front Wall
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Fence-Front Wall: Yes

Garage/Parking

  • Parking:Other2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Other Services
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Common Area, Maintenance Exterior, Trash, Sewer

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434326090010050
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 5
  • Maintenance Expense: 13300.0

Tax Info

  • Tax Annual Amount: 24138.26
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Sep 28, 2020
Sold by
Wood Paul and Lesson Matthew A
Bought by
Jc 133 Hammon Llc
Seller's Agent
Matthias Fretz
Douglas Elliman-Jupiter
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$2,540,000
Sold Price
$2,540,000
Total Days on Market
34
Current Estimated Value
$4,044,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,504,287
Avg. Annual Appreciation
10.38%

Purchase Details

Listed on
Sep 19, 2018
Closed on
Nov 8, 2019
Sold by
133 Hammon Llc
Bought by
Wood Paul and Leeson Matthew A
Seller's Agent
Linda R Olsson
Linda R. Olsson Inc.
Buyer's Agent
Matthias Fretz
Douglas Elliman-Jupiter
List Price
$2,175,000
Sold Price
$2,175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.04%
Original Mortgage
$1,100,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Jc 133 Hammon Llc $2,540,000 Attorney
Wood Paul $2,175,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jc 133 Hammon Llc $3,000,000
Previous Owner Wood Paul $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $2,540,000 0.0% $1,322 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $2,540,000 +16.8% $1,322 / Sq Ft
11/08/2019 11/08/19 Sold $2,175,000 +3098.5% $1,132 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
12/15/2018 12/15/18 Rented $68,000 +444.0% --
11/15/2018 11/15/18 Under Contract -- -- --
09/20/2018 09/20/18 For Rent $12,500 0.0% --
09/19/2018 09/19/18 For Sale $2,175,000 0.0% $1,132 / Sq Ft
05/18/2017 05/18/17 Rented $11,500 -8.0% --
04/18/2017 04/18/17 Under Contract -- -- --
04/03/2017 04/03/17 For Rent $12,500 -- --
Source: Palm Beach Board of REALTORS®

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 $36,830 $2,444,189 -- --
2023 $37,072 $2,435,254 $0 $0
2022 $36,257 $2,213,867 $0 $0
2021 $33,124 $2,012,606 $0 $2,012,606
2020 $27,851 $1,700,000 $0 $1,700,000
2019 $24,223 $1,600,000 $0 $1,600,000
2018 $19,583 $1,200,000 $0 $1,200,000
2017 $17,945 $1,050,000 $0 $0
2016 $17,284 $995,000 $0 $0
2015 $17,189 $950,000 $0 $0
2014 $17,414 $950,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-1334

APN: 50-43-43-26-09-001-0050