$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

15 Days on Market

Highlights

  • Lanai
  • Eat-In Kitchen
  • Patio
  • Palm Beach Public School Rated A-
  • High Impact Windows
  • Storage

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 Palm Beach 5225 License #637721 Listed on: 03/15/2022

Brown Harris Stevens of Palm Beach 5225

Last Buyer's Agent

Grace Brown

Brown Harris Stevens of Palm Beach 5225 License #637721 Listed on: 03/15/2022

Brown Harris Stevens of Palm Beach 5225

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $5,990

Year Built

  • Built in 1978

Lot Details

  • Home has North and South Exposure
  • Back Yard Fenced

HOA Fees

  • $671 Monthly HOA Fees

Interior Spaces

  • 752 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Storage

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Parking

  • Garage
  • No Garage

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434315240000050

Community Details

Overview

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

Amenities

  • Common Area
  • Laundry Facilities

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$5,990

Year Built

Built in 1978

Lot Details

0

HOA Fees

$671 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Atlantic Palms
  • Garage Yn: Yes
  • Year Built: 1978
  • Location Tax Legal:Name of Building: Atlantic Palms
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 5990.0
  • Location Tax Legal:Tax Year2: 2021
  • General Property Description:Living Area: 752.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 671.33
  • General Property Description:Per: Month
  • 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
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Floors:WW Carpeting: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven-Single, Microwave, Range - Electric
  • Total Bedrooms: 1
  • Flooring: Tile, W/W Carpeting
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 752.0
  • Stories: 2
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Exterior Features: Patio/Lanai, Impact Windows, Fence - Back Wall
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes

Garage/Parking

  • Parking:No Garage2: Yes
  • Parking:Other2: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: No Services, Other Services
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

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

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434315240000050
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 8
  • Maintenance Expense: 671.33

Tax Info

  • Tax Annual Amount: 5990.0
  • Tax Year: 2021

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
Total Days on Market
15
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

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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: 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
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: Palm Beach Board of REALTORS®

MLS Number: 22-210

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