NOT LISTED FOR SALE

1701 S Olive Ave West Palm Beach, FL 33401

El Cid Neighborhood

Estimated Value: $1,954,000 - $2,652,000

4 Beds
3 Baths
3,556 Sq Ft
$655/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $2,250,000 $633 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $15,480/month

92 Days on Market

Highlights

  • Water Views
  • Garage Apartment
  • Attic
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • 3-minute walk to Flamingo Park

About This Home

As of September 2022

This light-filled duplex has a fabulous location, near downtown restaurants, shops, Norton Museum of Art, P.B. Atlantic Univ. and the Intercoastal Waterway. Recognized by the City of WPB for historical distinction, this property has been thoughtfully updated w/ storm impact windows/doors, roof straps, new central air and new electric & plumbing, while still maintaining its original 1918 craftsman charm. You will love its 10' ceilings, solid CBS construction, Dade County pine flooring, fine millwork trim, original fireplaces, gracious-sized living space and private back garden. A bonus feature is the separate 1/1 garage apartment. BRING BACKUP OFFERS.

Last Agent to Sell the Property

Patricia Towle

Sotheby's Intl. Realty, Inc. License #3241091 Listed on: 05/30/2022

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Patricia Towle

Sotheby's Intl. Realty, Inc. License #3241091 Listed on: 05/30/2022

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,130

Year Built

  • Built in 1918

Lot Details

  • 6,830 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Sprinkler System
  • Property is zoned MF32

Parking

  • 2 Car Detached Garage
  • Garage Apartment
  • Garage Door Opener
  • Driveway
  • Guest Parking

Property Views

  • Water
  • Garden

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,556 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Workshop
  • Impact Glass
  • Attic

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Air
  • Reverse Cycle Heating System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Croton Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434327180000141

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,130

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Located on SW corner of S. Olive Avenue and Croton Way, between Belvedere Rd and Okeechobee Blvd -- 2 blocks from Intracoastal Waterway.
  • Year Built: 1918
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Fireplace, High Ceilings, Split Bedrooms, Attic, Workshop
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Range, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 3556.0
  • Dining Room Type: Attic, Den, Garage Apartment, Laundry, Storage Room, Workshop
  • Stories: 2
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Fence, Porch
  • View: Garden, Water
  • Lot Features: Corner Lot, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Covered, Driveway, Detached, Garage, Guest, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air, Ceiling Fan(s), Reverse Cycle
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434327180000141
  • Lot Size Sq Ft: 6830.0
  • Zoning Description: MF32
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 14130.0

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2022
Closed on
Sep 30, 2022
Sold by
Living Trust
Bought by
Harris Kenneth and Harris Ruth Sandra
Seller's Agent
Patricia Towle
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Patricia Towle
Sotheby's Intl. Realty, Inc.
List Price
$2,250,000
Sold Price
$2,250,000
Current Estimated Value
$2,386,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,596
Avg. Annual Appreciation
1.14%
Original Mortgage
$1,450,000
Interest Rate
5.66%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 16, 2020
Sold by
Swope James D and Robertson Scott
Bought by
Swope James Donald and James Donald Swope Ii The Living Trust
Source: Public Records

Range of Values:

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Average Value
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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
Harris Kenneth $2,250,000 Standard Title
Harris Kenneth $2,250,000 Standard Title
Swope James Donald -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Harris Kenneth $1,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $2,250,000 0.0% $633 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
05/30/2022 05/30/22 For Sale $2,250,000 -- $633 / Sq Ft
Source: BeachesMLS

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 $33,922 $1,623,876 -- --
2023 $33,052 $1,570,613 $741,600 $829,013
2022 $15,746 $677,210 $0 $0
2021 $14,130 $626,112 $356,400 $269,712
2020 $12,959 $559,677 $267,300 $292,377
2019 $12,534 $534,938 $282,150 $252,788
2018 $11,914 $526,541 $294,341 $232,200
2017 $11,625 $509,484 $267,583 $241,901
2016 $11,410 $489,241 $0 $0
2015 $10,993 $452,684 $0 $0
2014 $3,954 $190,864 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Patricia Towle

    Sotheby's Intl. Realty, Inc.

    (561) 568-9565

    1 in this area

    24 Total Sales

    Patricia Towle
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10804215

BeachesMLS

APN: 74-43-43-27-18-000-0141

Florida Palm Beach County West Palm Beach 33401 El Cid

1701 S Olive Ave, West Palm Beach, FL

This home is located at 1701 S Olive Ave, West Palm Beach, FL 33401 since 30 May 2022 and is currently estimated at $2,327,885, approximately $654 per square foot. This property was built in 1918. 1701 S Olive Ave is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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.

BeachesMLS 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.

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