$450,000
SOLD JUN 13, 2019

220 Atlantic Ave Unit 70 Palm Beach, FL 33480

North End Neighborhood
1 Bed
1 Bath
646 Sq Ft
$599/mo HOA Fee

Recently Sold

$697 Per Sq Ft

111 Days on Market

Highlights

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

About This Home

As of September 2021

Beautiful ground floor condo that lives like a beach cottage. Offering both front porch and backyard. Original oak wood floors throughout. New Contemporary Kitchen with Caesar stone tops, Bosch washer and dryer, water filtration system, tank-less hot water heater, LED lighting throughout, all on dimmer and a new Halo HVAC system. Steps to the Beach, shopping and world class dining.

Last Agent to Sell the Property

ANDERSON OHMAN, Jr.

ILLUSTRATED PROPERTIES LLC Worth License #SL-3223689 Listed on: 01/22/2019

Last Buyer's Agent

Anderson Ohman Jr.

THE VALORE GROUP, INC.

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $4,898

Year Built

  • Built in 1978

HOA Fees

  • $599 Monthly HOA Fees

Interior Spaces

  • 646 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • Garage
  • No Garage

Additional Features

  • Balcony
  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434315240000070

Community Details

Overview

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

Amenities

  • Common Area

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$4,898

Year Built

Built in 1978

Lot Details

0

HOA Fees

$599 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: North Bridge go N on Bradley Place to Atlantic Ave then right to 220.
  • 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: 4898.0
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 646.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 599.05
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 8
  • General Property Description:_pound_ Floors: 2.0
  • ACHeat:Central Air: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Flooring: Hardwood
  • Interior Amenities: Other (See Remarks)
  • Living Area: 646.0
  • Stories: 2
  • Interior Features:Other (See Remarks)3: Yes
  • Other Rooms:Other (See Remarks)8: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Exterior Features: Balcony, Other (See Remarks)
  • Exterior Features:Balcony: Yes
  • Exterior Features:Other (See Remarks)7: Yes

Garage/Parking

  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: Other (See Remarks)
  • Heating: Central Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Common Area, Maintenance Exterior

Lot Info

  • Parcel #: 50434315240000070
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 8
  • Maintenance Expense: 599.05

Tax Info

  • Tax Annual Amount: 4898.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Aug 1, 2021
Sold by
Mcdermott John J and Mcdermott Victoria
Bought by
Scrocca Michael W
Seller's Agent
John McDermott
The Corcoran Group
Buyer's Agent
John McDermott
The Corcoran Group
List Price
$625,000
Sold Price
$625,000
Total Days on Market
111
Current Estimated Value
$1,152,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,119
Avg. Annual Appreciation
17.71%
Original Mortgage
$495,000
Outstanding Balance
$454,322
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$697,797

Purchase Details

Listed on
Jan 22, 2019
Closed on
May 22, 2019
Sold by
Ohman Anderson
Bought by
Mcdermott John J and Mcmanus Victoria
Seller's Agent
ANDERSON OHMAN, Jr.
ILLUSTRATED PROPERTIES LLC Worth
Buyer's Agent
Anderson Ohman Jr.
THE VALORE GROUP, INC.
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.95%

Purchase Details

Listed on
Oct 13, 2017
Closed on
Mar 20, 2018
Sold by
Tika Capital 8 Llc
Bought by
Ohman Anderson
Seller's Agent
Gary Little
Sotheby's Intl. Realty, Inc.
Buyer's Agent
ANDERSON OHMAN, Jr.
Illustrated Properties
List Price
$425,000
Sold Price
$370,000
Premium/Discount to List
-$55,000
-12.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.38%

Purchase Details

Listed on
Feb 20, 2014
Closed on
Jun 12, 2014
Sold by
Carlucci Frank C
Bought by
Tika Capital 8 Llc
Seller's Agent
Wally Turner
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Gary Little
Sotheby's Intl. Realty, Inc.
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%

Purchase Details

Closed on
Jul 30, 2013
Sold by
Hammon Avenue Partnership Llc
Bought by
Carlucci Frank C

Purchase Details

Closed on
Feb 25, 2011
Sold by
Mccormick Matthew B
Bought by
Hammon Avenue Partnership Llc

Purchase Details

Closed on
Jul 5, 2006
Sold by
Mcree Diane
Bought by
Mccormick Matthew B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Rogers Douglas E and Rogers Colleen M
Bought by
Mcree Diane B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 5, 1997
Sold by
Bates Nona A and Bates John T
Bought by
Rogers Douglas E and Rogers Colleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.9%
Mortgage Type
New Conventional
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 $625,000 First American Title Ins Co
Warranty Deed $450,000 Attorney
Warranty Deed $370,000 Professional Title Agency
Warranty Deed $275,000 Title Matters Llc
Warranty Deed $300,000 Attorney
Warranty Deed $300,000 Attorney
Warranty Deed $430,000 Attorney
Warranty Deed $295,000 --
Warranty Deed $107,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $495,000 New Conventional
Previous Owner $322,500 Purchase Money Mortgage
Previous Owner $236,000 Unknown
Previous Owner $85,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $625,000 0.0% $967 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $625,000 +38.9% $967 / Sq Ft
06/13/2019 06/13/19 Sold $450,000 0.0% $697 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $450,000 +21.6% $697 / Sq Ft
04/16/2018 04/16/18 Sold $370,000 -12.9% $573 / Sq Ft
03/17/2018 03/17/18 Pending -- -- --
10/13/2017 10/13/17 For Sale $425,000 +54.5% $658 / Sq Ft
07/01/2014 07/01/14 Sold $275,000 0.0% $426 / Sq Ft
07/01/2014 07/01/14 Sold $275,000 -5.2% $426 / Sq Ft
06/01/2014 06/01/14 Pending -- -- --
05/05/2014 05/05/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $290,000 +5.5% $449 / Sq Ft
11/06/2013 11/06/13 For Sale $275,000 -- $426 / 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 $7,664 $547,584 -- --
2023 $7,495 $531,635 $0 $0
2022 $7,486 $516,150 $0 $0
2021 $5,937 $360,000 $0 $360,000
2020 $5,868 $350,000 $0 $350,000
2019 $4,983 $290,000 $0 $290,000
2018 $4,498 $270,000 $0 $270,000
2017 $4,595 $270,000 $0 $0
2016 $4,680 $264,000 $0 $0
2015 $4,397 $240,000 $0 $0
2014 $4,546 $245,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-307

APN: 50-43-43-15-24-000-0070