$290,000
SOLD DEC 31, 2015 RENTED FEB 1, 2025

220 Atlantic Ave Unit 40 Palm Beach, FL 33480

North End Neighborhood
1 Bed
1 Bath
646 Sq Ft
1978 Built

Recently Sold

$449 Per Sq Ft

Highlights

  • Wood Flooring
  • Balcony
  • Ceiling Fan
  • Palm Beach Public School Rated A-
  • Central Heating and Cooling System
  • North Facing Home

About This Home

As of September 2022

Pied de Terre EXTRAORDINAIRE! 1BR/1BA UPSTAIRS Apt. in Cozy Atlantic Palms Complex of only 8 Units. Front & Rear Stair Access.(No Elevator). Large Balcony to enjoy Ocean Breezes! Apt. has wood floors, ample closet space,& cute kitchen. Common Laundry Downstairs. On-Street Parking. Minutes to Beach, Shopping, Dining, & all that PB has to offer.

Last Agent to Sell the Property

RHONDA SHOUMATE

VALORE GROUP REAL ESTATE Listed on: 11/19/2015

Co-Listed By

FRANK OWEN

VALORE GROUP REAL ESTATE

Last Buyer's Agent

RHONDA SHOUMATE

ILLUSTRATED PROPERTIES LLC

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $3,859

Year Built

  • Built in 1978

Parking

  • Open Parking

Interior Spaces

  • 646 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Balcony
  • North Facing Home

Listing and Financial Details

  • Assessor Parcel Number 50434315240000040

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, cable TV, maintenance exterior, trash, pest control, sewer, water
  • 8 Units
  • Atlantic Palms Community
  • On-Site Maintenance

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$3,859

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: North Bridge (Royal Park), go North on Bradley Place to Atlantic Ave., then right (East) to Bldg. on Right (West of North County Rd.).
  • 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: No
  • Location Tax Legal:Taxes2: 3859.0
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Living Area: 646.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 1420.0
  • General Property Description:_pound_ Units in Complex: 8
  • General Property Description:_pound_ Floors: 2.0
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range - Electric
  • Total Bedrooms: 1
  • Flooring: Hardwood
  • Interior Amenities: Cable, Ceiling Fan
  • Living Area: 646.0
  • Stories: 2
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes

Exterior Features

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

Garage/Parking

  • Parking:Open Parking: Yes

Utilities

  • Laundry Features: Other (See Remarks)
  • Security: No Security
  • Heating: Central Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

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

Multi Family

  • Number Of Units Total: 8
  • Maintenance Expense: 1420.0

Tax Info

  • Tax Annual Amount: 3859.0
  • Tax Year: 2015

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%
Current Estimated Value
$1,519,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,714
Avg. Annual Appreciation
2.50%

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: 15-1688

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