NOT LISTED FOR SALE

153 Australian Ave Palm Beach, FL 33480

Estimated Value: $7,363,612 - $8,865,000

4 Beds
3 Baths
2,504 Sq Ft
$3,209/Sq Ft Est. Value

Sale Details

Date Sold: September 15, 2022

Last sale price $7,300,000 $2,915 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $42,686 / mo

228 Days on Market

Highlights

  • Private Pool
  • No HOA
  • South Facing Home
  • Palm Beach Public School Rated A-
  • Central Heating and Cooling System
  • Wood Siding

About This Home

As of September 2022

You will not want to miss out on this vintage, charming cottage with an accompanying guest house. This rare 10,500 SqFt. in-town property is only steps away from the ocean, and three blocks from Worth Avenue – the center of town – property residents will be able to enjoy world class shopping, restaurants, The Beakers Resort and The Society of Four Arts. If you are looking for an opportunity to renovate or build something new this private property is for you.

Last Agent to Sell the Property

Wahkuna Vega-Farrell

Compass Florida LLC License #3254052 Listed on: 10/02/2021

Compass Florida LLC

Last Buyer's Agent

Dana Koch

The Corcoran Group License #3027862

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,487

Year Built

  • Built in 1920

Lot Details

  • 10,502 Sq Ft Lot
  • South Facing Home
  • Property is zoned R-B(ci

Home Design

  • Wood Siding

Interior Spaces

  • 2,504 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Royal Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434323050280421

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,487

Year Built

Built in 1920

Lot Details

10,502 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take South County Rd. to Australian go East to property.
  • Year Built: 1920
  • Architectural Style: Other
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: None
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Laminate, Other
  • Living Area: 2504.0
  • Stories: 1

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Other, Wood Siding
  • Direction Faces: South
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Other Equipment: None
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 50434323050280421
  • Lot Size Acres: 0.24
  • Lot Size: 75.0 ft x 140.0 ft
  • Lot Size Sq Ft: 10454.4
  • Mobile Dim Units: Feet
  • Zoning: R-B(ci

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 42486.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2021
Closed on
Aug 18, 2022
Sold by
David Baumann Declaration Of Trust
Bought by
Casa Lagan Inc
Seller's Agent
Wahkuna Vega-Farrell
Compass Florida LLC
Buyer's Agent
Dana Koch
The Corcoran Group
List Price
$9,900,000
Sold Price
$7,300,000
Premium/Discount to List
-$2,600,000
-26.26%
Views
2
Current Estimated Value
$8,036,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$736,204
Avg. Annual Appreciation
2.69%
Original Mortgage
$4,606,200
Outstanding Balance
$4,371,497
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$3,664,707

Purchase Details

Closed on
Aug 4, 2016
Sold by
Baumann David and Meran Henriette
Bought by
Baumann David and The David Baumann Declaration Of Trust

Purchase Details

Listed on
Aug 16, 2012
Closed on
Sep 17, 2012
Sold by
Hyperion Farms Llc
Bought by
Baumann David and Meran Henriette
Seller's Agent
Betsey Hall
Inactive Member
Buyer's Agent
Patricia Mahaney
Sotheby's Intl. Realty, Inc.
List Price
$1,395,000
Sold Price
$1,395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%

Purchase Details

Closed on
Nov 13, 2000
Sold by
Neville Pamela and Neville Warwick F
Bought by
Hyperion Farms Llc
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Casa Lagan Inc $7,300,000 --
Baumann David -- None Available
Baumann David $1,395,000 Attorney
Hyperion Farms Llc $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casa Lagan Inc $4,606,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2022 09/15/22 Sold $7,300,000 -26.3% $2,915 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
10/02/2021 10/02/21 For Sale $9,900,000 0.0% $3,954 / Sq Ft
05/28/2014 05/28/14 Rented -- -- --
05/02/2014 05/02/14 For Rent $8,900 -99.4% --
05/02/2014 05/02/14 Rented -- -- --
10/01/2012 10/01/12 Sold $1,395,000 0.0% $579 / Sq Ft View Prior Sale
09/01/2012 09/01/12 Pending -- -- --
08/20/2012 08/20/12 For Sale $1,395,000 -- $579 / 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 $943 $6,873,077 -- --
2024 $943 $6,248,252 -- --
2023 $868 $6,013,244 $4,587,274 $1,425,970
2022 $52,826 $3,041,184 $0 $0
2021 $45,935 $2,785,964 $2,772,528 $13,436
2020 $42,487 $2,529,772 $2,520,000 $9,772
2019 $39,405 $2,284,886 $2,280,000 $4,886
2018 $38,111 $2,282,288 $2,271,882 $10,406
2017 $35,453 $2,074,063 $2,065,348 $8,715
2016 $33,936 $1,927,588 $0 $0
2015 $31,564 $1,752,353 $0 $0
2014 $29,082 $1,593,048 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10749452

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-23-05-028-0421

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