$485,000
SOLD JAN 25, 2021 RENTED FEB 1, 2025

220 Atlantic Ave Unit 40 Palm Beach, FL 33480

North End Neighborhood
1 Bed
1 Bath
646 Sq Ft
$599/mo HOA Fee

Recently Sold

$751 Per Sq Ft

12 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Storage
  • Palm Beach Public School Rated A-
  • Resident Manager or Management On Site
  • Central Heating and Cooling System

About This Home

As of September 2022

Newly renovated Turnkey condo in wonderful Palm Beach location. Featuring 9 ft ceilings through out, easy breezy balcony off of the living room, new custom kitchen and bathroom, washer/dryer in the unit and second bedroom/den. The building takes a pet of any size. Ready for occupancy.

Last Agent to Sell the Property

Grace Brown

Brown Harris Stevens of Palm Beach 5225 License #637721 Listed on: 12/30/2020

Brown Harris Stevens of Palm Beach 5225

Last Buyer's Agent

Joseph Scheerer

Douglas Elliman License #SL-3294010

Douglas Elliman

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $4,164

Year Built

  • Built in 1978

HOA Fees

  • $599 Monthly HOA Fees

Interior Spaces

  • 646 Sq Ft Home
  • 2-Story Property
  • Storage

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Balcony
  • Home has North and South Exposure

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434315240000040

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, water
  • 8 Units
  • Atlantic Palms Community
  • On-Site Maintenance

Amenities

  • Common Area
  • Laundry Facilities

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$4,164

Year Built

Built in 1978

Lot Details

0

HOA Fees

$599 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Atlantic Palms
  • Year Built: 1978
  • Location Tax Legal:Name of Building: Atlantic Palms
  • Location Tax Legal:Zoned: R1
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 4164.0
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Living Area: 646.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 1797.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 8
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:South2: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • Laundry:Laundry in Building: Yes
  • Maintenance Includes:Cable TV: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 1
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable, Storage
  • Living Area: 646.0
  • Stories: 2
  • Interior Features:Storage: Yes
  • Other Rooms:Other (See Remarks)8: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Exterior Features: Balcony
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Parking:Other2: Yes

Utilities

  • Laundry Features: Laundry in Building, Laundry in Unit
  • Security: No Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434315240000040
  • Zoning: R1

Multi Family

  • Number Of Units Total: 8
  • Maintenance Expense: 1797.0

Tax Info

  • Tax Annual Amount: 4164.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Aug 25, 2022
Sold by
Bowen Goulding Henry William
Bought by
Pb Atlantic Llc
Seller's Agent
Joseph Scheerer
Douglas Elliman
Buyer's Agent
Joseph Scheerer
Douglas Elliman
List Price
$1,550,000
Sold Price
$1,500,000
Premium/Discount to List
-$50,000
-3.23%
Total Days on Market
12
Current Estimated Value
$1,571,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,208
Avg. Annual Appreciation
1.71%

Purchase Details

Listed on
Dec 30, 2020
Closed on
Jan 25, 2021
Sold by
Andrea Neil and Gordon Lisa
Bought by
Goulding Henry William Bowen
Seller's Agent
Grace Brown
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
Joseph Scheerer
Douglas Elliman
List Price
$485,000
Sold Price
$485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.76%

Purchase Details

Listed on
Nov 19, 2015
Closed on
Dec 31, 2015
Sold by
Brown Darlene Elizabeth
Bought by
Andrea Neil and Gordon Lisa
Seller's Agent
RHONDA SHOUMATE
VALORE GROUP REAL ESTATE
Buyer's Agent
RHONDA SHOUMATE
VALORE GROUP REAL ESTATE
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%
Original Mortgage
$217,500
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1996
Sold by
Darlene Elizabeth Brown Tr
Bought by
Brown Darlene E
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 Type Sale Price Title Company
Warranty Deed $1,500,000 --
Warranty Deed $485,000 Attorney
Warranty Deed $290,000 Attorney
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $217,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Rented $5,100 -14.9% --
01/28/2025 01/28/25 Under Contract -- -- --
11/12/2024 11/12/24 Price Changed $5,995 -7.8% $9 / Sq Ft
02/16/2024 02/16/24 For Rent $6,500 0.0% --
09/07/2022 09/07/22 Sold $1,500,000 -3.2% $2,322 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $1,550,000 +219.6% $2,399 / Sq Ft
01/25/2021 01/25/21 Sold $485,000 0.0% $751 / Sq Ft
01/25/2021 01/25/21 Sold $485,000 0.0% $751 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $485,000 -9.3% $751 / Sq Ft
12/26/2020 12/26/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $535,000 +84.5% $828 / Sq Ft
12/31/2015 12/31/15 Sold $290,000 0.0% $449 / Sq Ft
12/31/2015 12/31/15 Sold $290,000 0.0% $449 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
11/19/2015 11/19/15 For Sale $290,000 -17.1% $449 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $349,900 -- $542 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $18,355 $1,177,000 -- --
2023 $16,425 $1,070,000 $0 $1,070,000
2022 $8,270 $510,600 $0 $0
2021 $4,202 $274,828 $0 $0
2020 $4,198 $271,034 $0 $0
2019 $4,180 $264,940 $0 $0
2018 $3,969 $260,000 $0 $260,000
2017 $4,044 $260,000 $0 $0
2016 $3,886 $260,000 $0 $0
2015 $3,859 $210,000 $0 $0
2014 $3,911 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-1259

APN: 50-43-43-15-24-000-0040