NOT LISTED FOR SALE

140 Australian Ave Palm Beach, FL 33480

Estimated Value: $8,978,000 - $13,026,522

4 Beds
4 Baths
3,824 Sq Ft
$2,783/Sq Ft Est. Value

Last Sold August 10, 2012

Last sale price $2,150,000 $562 Per Sq Ft

Est. 395% increase in value since last sale

Current estimated payment $63,258/month

168 Days on Market

Highlights

  • Property has ocean access
  • Cabana
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Waterfront
  • Bermuda Architecture

About This Home

As of August 2012

Charming four bedroom four bath residence located in the heart of Palm Beach.Large pecky cypress living room with tray ceilings and a spacious cabana with a summer kitchen opening to a glorious coquina patio. Other features include three working fireplaces and beautiful fruit trees. Close to Worth Avenue shopping and the beach.

Last Agent to Sell the Property

ANNE HAMILTON

Brown Harris Stevens of Palm Beach 0039 Listed on: 12/07/2011

Co-Listed By

JOHANNA KENDALL

Brown Harris Stevens of Palm Beach 0039

Last Buyer's Agent

Scott Gordon

Douglas Elliman License #BK-383426

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,318

Year Built

  • Built in 1939

Lot Details

  • Waterfront
  • Home has North and South Exposure
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned RB

Home Design

  • Bermuda Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,824 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Fireplace
  • Single Hung Windows
  • Dining Room
  • Library
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Parquet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Cabana
  • Property has ocean access
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Royal Park Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434323050080470

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,318

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100
  • Subdivision Name: Royal Park
  • Directions: South County to Australian, east to ocean block
  • Architectural Style: Bermuda
  • Garage Yn: Yes
  • Year Built: 1939
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 50318.0
  • Location Tax Legal:Tax Year2: 2011
  • General Property Description:Living Area: 3824.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 100
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Bermuda: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Windows:Single Hung: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Floors:Parquet: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Instant Hot Water, Range-Gas, Oven-Double, Washer, Dryer
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble, Parquet, Tile
  • Interior Amenities: Cable, Ceiling Fan, Fireplace, Smoke Detectors, Storage, Wet Bar, Wndw Trmnts Included, Other (See Remarks), Pantry
  • Living Area: 3824.0
  • Window Features: Single Hung
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Interior Features:Other (See Remarks)3: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Instant Hot Water: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Cabana, Fence-Back Wall, Ocean Access-No Deed, Storm Shutters, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Cabana: Yes
  • Exterior Features:Ocean Access-No Deed: Yes

Garage/Parking

  • Parking Features: 2 Car, Door Opener
  • Garage:_two_ Car: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434323050080470
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 50318.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2011
Sold by
Young Sheridan and Young William Tandy
Bought by
Thompson Collier
Current Estimated Value
$10,641,507

Purchase Details

Closed on
Sep 21, 2009
Sold by
Young Sheridan
Bought by
Young Sheridan and Young William Tandy

Purchase Details

Closed on
Aug 31, 2007
Sold by
Dixon Francigene Sheridan and Young Sheridan
Bought by
Young Sheridan and Francigene S Dixon Irrevocable Qualified

Purchase Details

Closed on
Oct 24, 2003
Sold by
Dixon Francigene
Bought by
Dixon Francigene Sheridan and Francigene Sheridan Dixon Revocable Tr

Purchase Details

Closed on
Oct 14, 1998
Sold by
Alison E Healy Pr & Tr and Edward P Healy Jr Pr & Tr
Bought by
Dixon Francigene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.8%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Thompson Collier -- Attorney
Young Sheridan -- Attorney
Young William Tandy -- Attorney
Young Sheridan -- Attorney
Young Sheridan -- Attorney
Young Sheridan -- Attorney
Young Sheridan -- None Available
Young Sheridan -- None Available
Young Sheridan -- None Available
Dixon Francigene Sheridan -- --
Dixon Francigene $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dixon Francigene $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2012 08/10/12 Sold $2,150,000 0.0% $562 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
12/07/2011 12/07/11 For Sale $2,150,000 -- $562 / Sq Ft
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 $82,067 $5,494,779 -- --
2023 $80,367 $5,334,737 $0 $0
2022 $80,507 $5,179,356 $0 $0
2021 $81,880 $5,028,501 $0 $0
2020 $82,061 $4,959,074 $0 $0
2019 $81,908 $4,847,580 $0 $0
2018 $77,801 $4,757,193 $2,763,100 $1,994,093
2017 $69,827 $4,137,744 $2,511,909 $1,625,835
2016 $68,094 $3,949,034 $0 $0
2015 $65,518 $3,647,642 $0 $0
2014 $34,983 $1,927,863 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 11-2731

APN: 50-43-43-23-05-008-0470