NOT LISTED FOR SALE

140 Australian Ave Palm Beach, FL 33480

Estimated Value: $7,772,000 - $12,582,525

4 Beds
4 Baths
3,824 Sq Ft
$2,735/Sq Ft Est. Value

Last Sold August 10, 2012

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

Est. 338% increase in value since last sale

Current estimated payment $55,841/month

166 Days on Market

Highlights

  • Marble Flooring
  • No HOA
  • Wet Bar
  • Palm Beach Public School Rated A-
  • Fireplace
  • Bar

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 PB License #3094344 Listed on: 12/06/2011

Brown Harris Stevens of PB

Co-Listed By

Johanna Kendall

Brown Harris Stevens of PB License #177293

Last Buyer's Agent

Scott Gordon

Douglas Elliman License #383426

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,318

Year Built

  • Built in 1939

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 3,824 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar
  • Fireplace

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • South Facing Home
  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • Royal Park Add Palm Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434323050080470

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,318

Year Built

Built in 1939

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South County to Australian, east to ocean block
  • Year Built: 1939
  • Unit Levels: One
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Wet Bar, Pantry, Tub Shower, Bar
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Marble, Parquet, Wood
  • Living Area: 3824.0
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Brick, Frame, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Patio

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Closet
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Pets Allowed: No
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 50434323050080470
  • Mobile Dim Units: Feet
  • Zoning: Rb

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 50318.0

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
$9,417,774

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
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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 -19.6% $562 / Sq Ft
07/11/2012 07/11/12 Pending -- -- --
12/08/2011 12/08/11 For Sale $2,675,000 -- $700 / 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 $82,067 $5,654,128 -- --
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: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R3244916

BeachesMLS (Greater Fort Lauderdale)

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

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