NOT LISTED FOR SALE

215 Phipps Plaza Unit 3 Palm Beach, FL 33480

Estimated Value: $1,739,449 - $2,116,000

1 Bed
1.5 Baths
950 Sq Ft
$1,010/mo HOA Fee

Last Sold March 11, 2019

Last sale price $750,000 $789 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $11,955/month

22 Days on Market

Highlights

  • High Ceiling
  • Den
  • Central Heating and Cooling System
  • Palm Beach Public School Rated A-
  • Tile Flooring

About This Home

As of March 2019

Located in historic Phipps Plaza, this large one bedroom with formal dining room, den or second bedroom epitomizes the quintessential Palm Beach lifestyle. Phipps Plaza residences surround a serene park. Steps from the center of town, the beach and Worth Avenue. Large covered terrace, perfect for morning coffee or romantic dinners.

Last Agent to Sell the Property

Chris Leavitt

Douglas Elliman License #3232586 Listed on: 01/16/2019

Douglas Elliman

Last Buyer's Agent

William Kirk

Compass Florida LLC License #3224168

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,031

Year Built

  • Built in 1946

Lot Details

  • 6,970

HOA Fees

  • $1,010 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Den
  • Tile Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Phipps House Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434322290000030

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,031

Year Built

Built in 1946

Lot Details

0

HOA Fees

$1,010 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Royal Palm Way to Worth Avenue.
  • Year Built: 1946
  • Entry Level: 2
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings, Tub Shower
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 950.0
  • Dining Room Type: Den
  • Stories: 1

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1010.0
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Lot Info

  • Parcel #: 50434322290000030
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 7000.0
  • Zoning Description: R-C(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7031.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2019
Closed on
Mar 11, 2019
Sold by
Jenkins Jeri Sue and Dea Linda
Bought by
Inman Bradley and Inman Yazarine
Seller's Agent
Chris Leavitt
Douglas Elliman
Buyer's Agent
William Kirk
Compass Florida LLC
List Price
$789,000
Sold Price
$750,000
Premium/Discount to List
-$39,000
-4.94%
Current Estimated Value
$1,935,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,185,862
Avg. Annual Appreciation
16.19%

Purchase Details

Closed on
Jun 6, 2013
Sold by
Jaeger Carolyn Jenkins
Bought by
Jaeger Carolyn Jenkins

Purchase Details

Closed on
Feb 8, 2013
Sold by
Jaeger Carolyn Jenkins
Bought by
Jaeger Carolyn Jenkins

Purchase Details

Closed on
Mar 23, 2001
Sold by
Robert A Flynn M and Clarence M Flynn M
Bought by
Jaeger Roy and Jaeger Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,250
Interest Rate
7.02%

Purchase Details

Closed on
Nov 7, 1997
Sold by
Amrein Hans P
Bought by
Jaeger Roy and Jenkins-Jaeger Carolyn

Purchase Details

Closed on
Feb 3, 1997
Sold by
Alcove Holdings Inc
Bought by
Jaeger Roy G and Jenkins-Jaeger Carolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1994
Sold by
Oxenhorn Sanford and Oxenhorn Miriam M
Bought by
Alcove Holdings Inc
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
Inman Bradley $750,000 Attorney
Jaeger Carolyn Jenkins -- Attorney
Jaeger Carolyn Jenkins -- Attorney
Jaeger Roy $58,300 --
Jaeger Roy $110,500 --
Jaeger Roy G $110,000 --
Alcove Holdings Inc $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jaeger Roy G $200,000
Previous Owner Jaeger Roy G $58,250
Previous Owner Jaeger Roy G $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2019 03/11/19 Sold $750,000 -4.9% $789 / Sq Ft
02/09/2019 02/09/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $789,000 -- $831 / 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 $8,172 $581,714 -- --
2023 $7,993 $564,771 $0 $0
2022 $7,985 $548,321 $0 $0
2021 $8,094 $532,350 $0 $0
2020 $8,358 $525,000 $0 $525,000
2019 $9,194 $525,000 $0 $525,000
2018 $7,031 $449,708 $0 $0
2017 $7,020 $440,458 $0 $0
2016 $6,834 $431,399 $0 $0
2015 $7,064 $428,400 $0 $0
2014 $7,095 $425,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10496437

BeachesMLS

APN: 50-43-43-22-29-000-0030