$1,125,000
SOLD APR 18, 2022

220 Atlantic Ave Unit 50 Palm Beach, FL 33480

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

Recently Sold

$1,496 Per Sq Ft

6% Below List Price

32 Days on Market

Highlights

  • Garden View
  • Bike Room
  • Walk-In Closet
  • Palm Beach Public School Rated A-
  • Porch
  • Open Patio

About This Home

As of April 2022

Ground floor condo lives like a little cottage in a pet friendly building. Features include Hurricane Impact Windows, 9 ft high ceilings, Low HOA fees and great closet space.The unit has a front porch for your use to sit out and enjoy the sunshine along with a nice back common area. Outdoor beach shower, storage shed for bikes and personal storage space. Located one block from the beach. One block from the bike trail. One block from ocean. Close to shops and restaurants.

Last Agent to Sell the Property

Grace Brown

Brown Harris Stevens of PB License #637721 Listed on: 02/14/2022

Brown Harris Stevens of PB

Last Buyer's Agent

Grace Brown

Brown Harris Stevens of PB License #637721 Listed on: 02/14/2022

Brown Harris Stevens of PB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,991

Year Built

  • Built in 1978

Lot Details

  • Sprinkler System

HOA Fees

  • $671 Monthly HOA Fees

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 752 Sq Ft Home
  • 2-Story Property
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50434315240000050

Community Details

Overview

  • Association fees include cable TV, laundry, ground maintenance, maintenance structure, roof, sewer, trash, water
  • 8 Units
  • Atlantic Palms Condo Subdivision

Amenities

  • Laundry Facilities
  • Bike Room
  • Community Storage Space

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,991

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: Middle block of Atlantic
  • Year Built: 1978
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Tile, Tile
  • Living Area: 752.0
  • Dining Room Type: Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Porch, Patio
  • View: Garden
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Other, Tar/Gravel

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: 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: Bike Storage, Laundry, Storage
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Laundry, Maintenance Grounds, Maintenance Structure, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434315240000050
  • Zoning Description: R-C(ci

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5991.0

Multi Family

  • Number Of Units In Community: 8

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
$1,385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,000
Avg. Annual Appreciation
6.33%

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

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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 $1,125,000 --
Warranty Deed $1,125,000 None Listed On Document
Warranty Deed $686,250 None Listed On Document
Warranty Deed $686,250 None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $549,000 New Conventional
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 -- --
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
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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Map

Source: BeachesMLS

MLS Number: R10776879

BeachesMLS

APN: 50-43-43-15-24-000-0050