NOT LISTED FOR SALE

226 Chilean Ave Unit 3 Palm Beach, FL 33480

Estimated Value: $811,190 - $1,441,000

-- Bed
1 Bath
378 Sq Ft
$445/mo HOA Fee

Last Sold March 15, 2018

Last sale price $485,000 $1,283 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $6,674/month

6 Days on Market

Highlights

  • Wood Flooring
  • Garden View
  • High Ceiling
  • Palm Beach Public School Rated A-
  • Spanish Architecture
  • Furnished

About This Home

As of March 2018

Pied-a-terre Perfection! This in-town hidden gem comes with its very own private backyard and covered parking. This special property has been completely renovated and decorated. This stunning ''Old Palm Beach'' pied-a-terre is only two blocks from world famous Worth Avenue shopping and restaurants and one block from the ocean. Palm Beach Island is world-renowned for its extraordinary beauty, small-town character and luxurious lifestyle. Come experience it for yourself!

Last Agent to Sell the Property

Paula Wittmann

William Raveis Real Estate License #3215722 Listed on: 02/05/2018

William Raveis Real Estate

Last Buyer's Agent

Paula Wittmann

William Raveis Real Estate License #3215722 Listed on: 02/05/2018

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,667

Year Built

  • Built in 1950

Lot Details

  • Fenced
  • Sprinkler System

HOA Fees

  • $445 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Barrel Roof Shape

Interior Spaces

  • 378 Sq Ft Home
  • 1-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Awning
  • Plantation Shutters
  • French Doors
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Home Security

Parking

  • Covered Parking
  • Guest Parking
  • On-Street Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434326210000030

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, sewer, trash, water
  • Chilian Court Condo Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,667

Year Built

Built in 1950

Lot Details

0

HOA Fees

$445 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: South County to Chilean, property on south side.
  • Year Built: 1950
  • Architectural Style: Other, Spanish/Mediterranean
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Area, Dual Sinks, French Door(s)/Atrium Door(s), High Ceilings, Separate Shower
  • Furnished: Furnished
  • Appliances: Electric Range, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Door Features: French Doors
  • Flooring: Hardwood, Tile, Wood
  • Living Area: 378.0
  • Stories: 1
  • Window Features: Drapes, Plantation Shutters

Exterior Features

  • Exterior Features: Fence, Awning(s)
  • View: Garden
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest, On Street

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 445.0
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434326210000030
  • Lot Size: < 1/4 Acre,1/4 to 1/2 Ac
  • Lot Size Sq Ft: 12500.0
  • Zoning Description: R-C(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3667.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
Mar 15, 2018
Sold by
Wittmann Paul and Wittmann Paula
Bought by
Bross Thomas M
Seller's Agent
Paula Wittmann
William Raveis Real Estate
Buyer's Agent
Paula Wittmann
William Raveis Real Estate
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%
Current Estimated Value
$1,048,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$563,048
Avg. Annual Appreciation
10.69%

Purchase Details

Closed on
Jan 7, 2011
Sold by
Selene Rmof Reo Acquisition Llc
Bought by
Wittmann Paul

Purchase Details

Closed on
Dec 28, 2010
Sold by
Wells Fargo Bank Na
Bought by
Selene Rmof Reo Acquisition Llc

Purchase Details

Closed on
Nov 16, 2010
Sold by
Miller Barry A and Cp 400 Royal Palm Way Llc
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 7, 2000
Sold by
Chaffee M R
Bought by
Miller Barry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 1999
Sold by
Mccarthy Richard H
Bought by
Chaffee M Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.79%
Source: Public Records

Range of Values:

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Average Value
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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
Bross Thomas M $485,000 Horizon Title Svcs Inc
Wittmann Paul $150,000 Southeast Guaranty & Title I
Selene Rmof Reo Acquisition Llc -- Southeast Guaranty & Title I
Wells Fargo Bank Na $91,900 None Available
Miller Barry A $120,000 --
Chaffee M Robert $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chaffee M Robert $90,000
Previous Owner Chaffee M Robert $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2018 03/15/18 Sold $485,000 -7.6% $1,283 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $525,000 -- $1,389 / 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 $8,061 $465,850 -- --
2023 $7,753 $423,500 $0 $0
2022 $6,973 $385,000 $0 $0
2021 $6,051 $350,000 $0 $350,000
2020 $5,728 $325,000 $0 $325,000
2019 $5,845 $325,000 $0 $325,000
2018 $3,828 $250,000 $0 $250,000
2017 $3,666 $240,000 $0 $0
2016 $3,354 $154,000 $0 $0
2015 $2,605 $140,000 $0 $0
2014 $2,640 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paula Wittmann

    Seller's Agent in 2018

    Paula Wittmann

    William Raveis Real Estate

    (561) 373-2666

    94 Total Sales

    Paula Wittmann
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Map

Source: BeachesMLS

MLS Number: R10403392

BeachesMLS

APN: 50-43-43-26-21-000-0030

Florida Palm Beach County Palm Beach 33480

226 Chilean Ave Unit 3, Palm Beach, FL

This home is located at 226 Chilean Ave Unit 3, Palm Beach, FL 33480 since 05 February 2018 and is currently estimated at $1,048,048, approximately $2,772 per square foot. This property was built in 1950. 226 Chilean Ave Unit 3 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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