$1,500,000
SOLD SEP 7, 2022 RENTED FEB 1, 2025

220 Atlantic Ave Unit 40 Palm Beach, FL 33480

North End Neighborhood
1 Bed
1 Bath
646 Sq Ft
$671/mo HOA Fee

Recently Sold

$2,322 Per Sq Ft

3% Below List Price

26 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Central Heating and Cooling System
  • Palm Beach Public School Rated A-
  • Impact Glass
  • Washer and Dryer

About This Home

As of September 2022

This newly renovated, turnkey condo is ideally located in central Palm Beach. The unit offers an expansive balcony off of the living room, a custom kitchen and bathroom, and an in-unit washer/dryer. This unit has a close proximity to the beach, Publix, Royal Poinciana Plaza, and all that Palm Beach Island has to offer.The building is pet friendly.

Last Agent to Sell the Property

Joseph Scheerer

Douglas Elliman License #3294010 Listed on: 07/12/2022

Douglas Elliman

Co-Listed By

Sasha Kraver

Douglas Elliman License #3460207

Last Buyer's Agent

Joseph Scheerer

Douglas Elliman License #3294010 Listed on: 07/12/2022

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,202

Year Built

  • Built in 1978

HOA Fees

  • $671 Monthly HOA Fees

Parking

  • Open Parking

Interior Spaces

  • 646 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Den
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434315240000040

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, pest control, sewer, trash, water

Pet Policy

  • Pets Allowed

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,202

Year Built

Built in 1978

Lot Details

0

HOA Fees

$671 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Bradley Place to Atlantic, make a right, building will be on the right.
  • Year Built: 1978
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile, Wood
  • Living Area: 646.0
  • Dining Room Type: Den
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Open

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: 671.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434315240000040
  • Zoning Description: R-C(ci

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4202.0

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: 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 $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: BeachesMLS

MLS Number: R10816173

BeachesMLS

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