NOT LISTED FOR SALE

226 Chilean Ave Unit 5 Palm Beach, FL 33480

Estimated Value: $1,518,000 - $2,054,000

1 Bed
1.5 Baths
698 Sq Ft
$885/mo HOA Fee

Last Sold January 06, 2022

Last sale price $1,400,000 $2,006 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $11,822/month

95 Days on Market

Highlights

  • Garden View
  • Spanish Architecture
  • Interior Lot
  • Palm Beach Public School Rated A-
  • Impact Glass
  • Patio

About This Home

As of January 2022

Enjoy your secret garden and outdoor shower within a block of the ocean and Worth Avenue. This corner patio condo in a historic setting has Palm Beach refinement. The complete remodel has sunny hurricane windows, a new kitchen and an added guest bath. Covered parking spot and many magical moments in the garden.

Last Agent to Sell the Property

Helen Gable

Coral Cove Realty Inc License #3373804 Listed on: 09/02/2021

Last Buyer's Agent

Lindy A. Gallagher

Brown Harris Stevens of PB License #3465024

Brown Harris Stevens of PB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,766

Year Built

  • Built in 1950

Lot Details

  • 1

HOA Fees

  • $885 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 698 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Home Security

Parking

  • Covered Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 50434326210000050

Community Details

Overview

  • Association fees include management, insurance, laundry, ground maintenance, maintenance structure, sewer, trash, water
  • Chilean Court Condo Subdivision

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,766

Year Built

Built in 1950

Lot Details

0

HOA Fees

$885 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: south side of Chilean Ave, unit 5 is under the stairs
  • Year Built: 1950
  • Architectural Style: Mediterranean, Other, Spanish/Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room
  • Furnished: Negotiable
  • Appliances: Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 698.0
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Lot Features: Interior Lot, Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Covered

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 885.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434326210000050
  • Zoning Description: R-C MEDI

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9766.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Jan 6, 2022
Sold by
Eleanor F Cretella Family Trust
Bought by
Wine Barry
Seller's Agent
Helen Gable
Coral Cove Realty Inc
Buyer's Agent
Lindy A. Gallagher
Brown Harris Stevens of PB
List Price
$1,550,000
Sold Price
$1,400,000
Premium/Discount to List
-$150,000
-9.68%
Current Estimated Value
$1,788,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,112
Avg. Annual Appreciation
6.71%

Purchase Details

Closed on
Mar 25, 2016
Sold by
Cretella Eleanor
Bought by
The Eleanor F Cretella Family Trust

Purchase Details

Closed on
Mar 1, 2016
Bought by
Cretella Eleanor

Purchase Details

Closed on
Jan 21, 2008
Sold by
Cretella Richard and Cretella Eleanor
Bought by
Cretella Eleanor

Purchase Details

Closed on
Jan 17, 1996
Sold by
Chilian Court Development Inc
Bought by
Cretella Richard

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
7.15%
Mortgage Type
New Conventional
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
Wine Barry $1,400,000 Rabideau Klein
The Eleanor F Cretella Family Trust -- Attorney
Cretella Eleanor -- --
Cretella Eleanor -- Attorney
Cretella Richard $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cretella Richard $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2022 01/06/22 Sold $1,400,000 -9.7% $2,006 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $1,550,000 0.0% $2,221 / Sq Ft
06/01/2021 06/01/21 Rented $4,000 0.0% --
05/02/2021 05/02/21 Under Contract -- -- --
10/15/2020 10/15/20 For Rent $4,000 -- --
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 $17,482 $1,150,000 -- --
2023 $17,617 $1,150,000 $0 $1,150,000
2022 $11,920 $632,500 $0 $0
2021 $9,702 $575,000 $0 $575,000
2020 $5,133 $328,285 $0 $0
2019 $5,112 $320,904 $0 $0
2018 $4,854 $314,921 $0 $0
2017 $4,841 $308,444 $0 $0
2016 $4,610 $302,100 $0 $0
2015 $4,764 $300,000 $0 $0
2014 $4,826 $300,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10742814

BeachesMLS

APN: 50-43-43-26-21-000-0050