NOT LISTED FOR SALE

1815 S Olive Ave Unit 50 West Palm Beach, FL 33401

El Cid Neighborhood

Estimated Value: $445,211 - $687,000

2 Beds
2.5 Baths
1,175 Sq Ft
$290/mo HOA Fee

Last Sold February 10, 2021

Last sale price $314,000 $267 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,803/month

156 Days on Market

Highlights

  • Water Views
  • Mediterranean Architecture
  • Built-In Features
  • Palm Beach Public School Rated A-
  • Impact Glass
  • 3-minute walk to Flamingo Park

About This Home

As of February 2021

Unique one of a kind tree house view, 2BR 2 1/2 Bath Condo in intimate building. Private location in Mango Promenade near Norton Museum and Downtown. Walking distance to all: Intracoastal, entertainment, shopping and great restaurants. Close to beautiful beaches. Condo boasts private entrance to second floor unit with outside patio. Impact windows throughout. Open floor plan concept with built in book shelves. Washer/Dryer, stainless steel appliances, granite countertop.Low HOA.

Last Agent to Sell the Property

Lila Cornell

Premier Brokers International License #3261741 Listed on: 08/07/2020

Premier Brokers International

Last Buyer's Agent

Bonnie Jackler

Premier Brokers International License #0576034

Premier Brokers International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,871

Year Built

  • Built in 1985

Lot Details

  • 9,975

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Water
  • Garden

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 1,175 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Blinds
  • Sliding Windows
  • Casement Windows
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer

Home Security

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434327590000050

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, parking, water
  • Villas El Centro Condo Subdivision

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,871

Year Built

Built in 1985

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 Okeechobee Blvd. Exit (East) to Dixie Hwy. Right turn ( South) turn left ( East) onto Wildermere Rd. Building located on the N/W corner of South Olive Ave. and Wildermere Rd.
  • Year Built: 1985
  • Architectural Style: Mediterranean
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Kitchen/Dining Combo
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1175.0
  • Dining Room Type: Laundry
  • Stories: 2
  • Window Features: Blinds, Casement Window(s), Impact Glass, Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Garden, Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 290.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Parking, Water

Lot Info

  • Parcel #: 74434327590000050
  • Lot Size: < 1/4 Acre
  • Zoning Description: MF32(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3871.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Feb 9, 2021
Sold by
Heon George C and Heon Rita M
Bought by
Torres Alejandro and Franks Lindsay
Seller's Agent
Lila Cornell
Premier Brokers International
Buyer's Agent
Bonnie Jackler
Premier Brokers International
List Price
$375,000
Sold Price
$314,000
Premium/Discount to List
-$61,000
-16.27%
Total Days on Market
156
Current Estimated Value
$546,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,053
Avg. Annual Appreciation
14.04%
Original Mortgage
$228,750
Outstanding Balance
$208,450
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$344,746

Purchase Details

Closed on
Mar 22, 2016
Sold by
Rawls Glenn P and Vickery Cindy S
Bought by
Heon George C and Heon Rita M

Purchase Details

Closed on
Dec 29, 1994
Sold by
S Olive Inc
Bought by
Kendall Mary Taylor
Source: Public Records

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Range of Values:

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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
Torres Alejandro $314,000 Wexford Title Llc
Heon George C $247,500 Standard Title Insurance Age
Kendall Mary Taylor $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Alejandro $228,750
Previous Owner Heon George C $180,000
Previous Owner Nachman Joseph Robert $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $314,000 -16.3% $267 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
08/07/2020 08/07/20 For Sale $375,000 -- $319 / 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 $5,380 $295,196 -- --
2023 $5,239 $286,598 $0 $0
2022 $5,174 $278,250 $0 $0
2021 $4,523 $235,000 $0 $235,000
2020 $4,056 $197,000 $0 $197,000
2019 $3,872 $197,000 $0 $197,000
2018 $3,112 $137,000 $0 $137,000
2017 $3,130 $137,000 $0 $0
2016 $993 $80,942 $0 $0
2015 $1,010 $80,379 $0 $0
2014 $1,007 $79,741 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lila Cornell

    Premier Brokers International

    (561) 214-5659

    1 in this area

    2 Total Sales

    Lila Cornell
    Section Image

  • B

    Buyer's Agent in 2021

    Bonnie Jackler

    Premier Brokers International

    (561) 445-7372

    1 in this area

    1 Total Sale

    Bonnie Jackler
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10645012

BeachesMLS

APN: 74-43-43-27-59-000-0050

Florida Palm Beach County West Palm Beach 33401 El Cid

1815 S Olive Ave Unit 50, West Palm Beach, FL

This home is located at 1815 S Olive Ave Unit 50, West Palm Beach, FL 33401 since 07 August 2020 and is currently estimated at $546,053, approximately $464 per square foot. This property was built in 1985. 1815 S Olive Ave Unit 50 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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