NOT LISTED FOR SALE

220 Atlantic Ave Unit 50 Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $1,420,000

2 Beds
2 Baths
1,433 Sq Ft
$991/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $1,125,000 $785 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,317/month

About This Home

As of April 2022

Available starting January 2024 this stylish 2 bedroom, 2 bath condo is available for lease. A comfortable space with generous sized rooms, a well appointed kitchen, soaking tub, California closets and several living areas inside and out make this a fabulous retreat. Recently renovated and ideally located in the center of town, near shops, restaurants, the lake trail and the ocean beach. Nestled in a small boutique building on Palm Beach. Beautiful and serene, this rental is available for you to start living your Palm Beach lifestyle.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
Apr 18, 2022
Sold by
George Jousma Jr Living Trust
Bought by
Atlantic Avenue Palm Beach Llc
Seller's Agent
Grace Brown
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
Grace Brown
Brown Harris Stevens of Palm Beach 5225
List Price
$1,125,000
Sold Price
$1,125,000
Current Estimated Value
$1,420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,000
Avg. Annual Appreciation
7.87%

Purchase Details

Listed on
Nov 10, 2021
Closed on
Jan 7, 2022
Sold by
220 Atlantic Llc
Bought by
George Jousma Jr Living Trust
Seller's Agent
Grace Brown
Brown Harris Stevens of PB
Buyer's Agent
Grace Brown
Brown Harris Stevens of PB
List Price
$729,000
Sold Price
$686,250
Premium/Discount to List
-$42,750
-5.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
484.36%
Original Mortgage
$549,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2009
Sold by
2600 Portofino Llc
Bought by
220 Atlantic Llc

Purchase Details

Closed on
Dec 20, 2006
Sold by
Brown Grace G
Bought by
2600 Portofino Llc
Source: Public Records

Range of Values:

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Atlantic Avenue Palm Beach Llc $1,125,000 --
Atlantic Avenue Palm Beach Llc $1,125,000 None Listed On Document
George Jousma Jr Living Trust $686,250 None Listed On Document
George Jousma Jr Living Trust $686,250 None Listed On Document
220 Atlantic Llc -- None Available
2600 Portofino Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner George Jousma Jr Living Trust $549,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Rented $10,000 -44.4% --
08/14/2023 08/14/23 For Rent $18,000 0.0% --
04/18/2022 04/18/22 Sold $1,125,000 0.0% $1,496 / Sq Ft
04/18/2022 04/18/22 Sold $1,125,000 0.0% $1,496 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/19/2022 03/19/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $1,125,000 -6.2% $1,496 / Sq Ft
02/14/2022 02/14/22 For Sale $1,199,000 +74.7% $1,594 / Sq Ft
01/07/2022 01/07/22 Sold $686,250 -5.9% $913 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $729,000 0.0% $969 / Sq Ft
02/01/2021 02/01/21 Rented $3,500 0.0% --
01/11/2021 01/11/21 Under Contract -- -- --
12/04/2020 12/04/20 For Rent $3,500 -- --

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
2023 $16,425 $1,070,000 $0 $1,070,000
2022 $7,032 $372,680 $0 $0
2021 $5,991 $355,000 $0 $355,000
2020 $5,682 $340,000 $0 $340,000
2019 $5,097 $280,000 $0 $280,000
2018 $4,620 $260,000 $0 $260,000
2017 $4,649 $260,000 $0 $0
2016 $4,275 $231,000 $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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