NOT LISTED FOR SALE

162 Atlantic Ave Palm Beach, FL 33480

Estimated Value: $7,420,000 - $13,531,008

4 Beds
5 Baths
3,400 Sq Ft
$2,919/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $7,122,500 $2,095 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $59,758/month

22 Days on Market

Highlights

  • Gas Heated Pool
  • Spanish Architecture
  • No HOA
  • Wood Flooring
  • Lanai
  • 5-minute walk to Lake Side Park

About This Home

As of December 2020

Ocean block modernized chic Mediterranean Revival, sophisticated and understated with today's functional updates. This classic 1926 home boasts 4 bedrooms, 3.2 baths & retains much of the original architectural details. Bolstered with today's amenities and updates include: All impact doors & windows, Sonos system, eco-friendly from the paint on the walls to the flooring, pecan-blasted pecky-cypress 10' ceilings, original hand-painted floral terra-cotta stair tiles and wrought-iron railing, new kitchen and baths, all new natural stone flooring, air-conditioned 2-car garage w/extra flex space & whole house generator.

Last Agent to Sell the Property

JIM McCANN

Premier Estate Properties, Inc. - Palm Beach License #BK-397290 Listed on: 11/05/2020

Last Buyer's Agent

THOMAS LIEPMAN

K2 Realty, Inc. NPB License #3468696

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,736

Year Built

  • Built in 1925

Lot Details

  • 10,019 Sq Ft Lot
  • North Facing Home
  • Back Yard Fenced
  • Property is zoned RB

Parking

  • 2 Car Attached Garage

Home Design

  • Spanish Architecture
  • Barrel Roof Shape
  • Frame Construction

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Brick
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Air
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Proximity Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314090000360

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,736

Year Built

Built in 1925

Lot Details

10,019 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 100
  • Subdivision Name: Proximity Park
  • Architectural Style: Spanish
  • Year Built: 1925
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 69736.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 3400.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 100
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 10019
  • HOA:None: Yes
  • Exposure:North: Yes
  • Roof:Barrel Tile: Yes
  • Floors:StoneBrick: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Stone, Brick, Hardwood, Tile
  • Interior Amenities: Fireplace, Pantry
  • Living Area: 3400.0
  • Window Features: Impact Glass-Full
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Appliances:Range-Gas: Yes
  • Other Rooms:Exercise Room: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: No
  • Construction Type: Frame
  • Exterior Features: Fence-Back Wall
  • Patio And Porch Features: Patio/Lanai
  • Roof: Barrel
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Construction:Frame: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Air Conditioned
  • Garage: Yes
  • Garage:Air Conditioned: Yes

Utilities

  • Security: Smoke Detectors
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Cable Available

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 10019.0
  • Parcel #: 50434314090000360
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 69736.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Dec 21, 2020
Sold by
Gochman David
Bought by
Youneszadeh Sam and Honig Kimberly
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc. - Palm Beach
Buyer's Agent
THOMAS LIEPMAN
K2 Realty, Inc. NPB
List Price
$7,122,500
Sold Price
$7,122,500
Current Estimated Value
$9,925,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,802,836
Avg. Annual Appreciation
6.51%
Original Mortgage
$4,200,000
Outstanding Balance
$3,708,036
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$6,217,300

Purchase Details

Closed on
Jul 22, 2020
Sold by
Gochman David and Gochman Becky
Bought by
Gochman David

Purchase Details

Closed on
Jun 21, 2016
Sold by
Ziska Maura
Bought by
Gochman David and Gochman Becky

Purchase Details

Listed on
Nov 18, 2014
Closed on
Sep 18, 2015
Sold by
Miller Bradford P and Miller Pamela M
Bought by
Ziska Maura and 162 Atlantic Trust
Seller's Agent
BRADFORD MILLER
The Corcoran Group
Buyer's Agent
JACK ELKINS
THE CORCORAN GROUP
List Price
$3,071,000
Sold Price
$3,071,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%

Purchase Details

Closed on
Aug 13, 1999
Sold by
Cendant Mobility Svcs Corp
Bought by
Miller Bradford P and Miller Pamela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
7.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 1999
Sold by
Royce Elliot R and Royce Isabelle J
Bought by
Cendant Mobility Svcs Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
7.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1997
Sold by
Goldberg Eric J and Goldberg Charlotte E
Bought by
Royce Elliot R and Royce Isabelle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,600
Interest Rate
7.35%
Mortgage Type
New Conventional
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Youneszadeh Sam $7,122,500 Attorney
Gochman David -- Attorney
Gochman David -- None Available
Ziska Maura $3,071,000 Attorney
Miller Bradford P $950,000 --
Cendant Mobility Svcs Corp $953,400 --
Royce Elliot R $795,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Youneszadeh Sam $4,200,000
Previous Owner Royce Elliot R $500,000
Previous Owner Royce Elliot R $760,000
Previous Owner Royce Elliot R $760,000
Previous Owner Royce Elliot R $717,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2020 12/21/20 Sold $7,122,500 0.0% $2,095 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $7,122,500 +131.9% $2,095 / Sq Ft
09/16/2015 09/16/15 Sold $3,071,000 0.0% $903 / Sq Ft View Prior Sale
08/27/2015 08/27/15 Pending -- -- --
11/18/2014 11/18/14 For Sale $3,071,000 -- $903 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $90,585 $6,243,579 -- --
2024 $90,585 $6,067,618 -- --
2023 $88,717 $5,890,891 $0 $0
2022 $78,040 $5,020,144 $0 $0
2021 $79,372 $4,873,926 $2,785,495 $2,088,431
2020 $69,736 $4,198,021 $3,400,000 $798,021
2019 $64,521 $3,775,958 $3,264,000 $511,958
2018 $51,881 $3,166,709 $0 $0
2017 $51,904 $3,101,576 $2,690,212 $411,364
2016 $50,822 $2,944,855 $0 $0
2015 $19,634 $1,125,990 $0 $0
2014 $19,727 $1,117,054 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    JIM McCANN

    Premier Estate Properties, Inc. - Palm Beach

    (561) 307-1525

    56 Total Sales

    JIM McCANN
    Section Image

  • T

    Buyer's Agent in 2020

    THOMAS LIEPMAN

    K2 Realty, Inc. NPB

  • B

    Seller's Agent in 2015

    BRADFORD MILLER

    The Corcoran Group

  • P

    Seller Co-Listing Agent in 2015

    PAMELA MILLER

    The Corcoran Group

  • J

    Buyer's Agent in 2015

    JACK ELKINS

    THE CORCORAN GROUP

  • p

    Buyer's Agent in 2015

    pbb.rets.elkijh

    pbb.rets.RETS_OFFICE

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-1924

APN: 50-43-43-14-09-000-0360

Florida Palm Beach County Palm Beach 33408

162 Atlantic Ave, Palm Beach, FL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.