NOT LISTED FOR SALE

226 Chilean Ave Unit 6 Palm Beach, FL 33480

Estimated Value: $1,682,728 - $2,357,000

2 Beds
2 Baths
980 Sq Ft
$1,263/mo HOA Fee

Last Sold May 03, 2021

Last sale price $1,225,000 $1,250 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $13,307/month

51 Days on Market

Highlights

  • Water Views
  • Marble Flooring
  • Walk-In Closet
  • Palm Beach Public School Rated A-
  • Mediterranean Architecture
  • French Doors

About This Home

As of May 2021

Absolutely Charming Renovated in Move-in Condition, This delightful 2 Bedroom 2 Bath Pied-A-Terre at Chilean Court is a Rare Find!. Small Pets are Accepted in this Lovely Walk up Second Story unit with Lots of Light, Wonderful Saturnia Floors, Plantation Shutters, and Washer/Dryer in the unit. Perfect In-Town Location...Walk to the Beach, Shops, Restaurants.. and Just Enjoy!

Last Agent to Sell the Property

Linda R Olsson

Linda R. Olsson, Inc. License #432027 Listed on: 02/10/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,419

Year Built

  • Built in 1950

Lot Details

  • 1

HOA Fees

  • $1,263 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 980 Sq Ft Home
  • 2-Story Property
  • French Doors
  • Combination Dining and Living Room
  • Marble Flooring
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434326210000060

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, maintenance structure, sewer, trash
  • 6 Units
  • Chilian Court Condo Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,419

Year Built

Built in 1950

Lot Details

0

HOA Fees

$1,263 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Chilean
  • Year Built: 1950
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: French Door(s)/Atrium Door(s), Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Flooring: Marble
  • Living Area: 980.0
  • Stories: 2

Exterior Features

  • View: Other, Water
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Garage Yn: No
  • Parking Features: Covered

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1263.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Parcel #: 50434326210000060
  • Zoning Description: R-C(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11419.0

Multi Family

  • Number Of Units In Community: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Apr 27, 2021
Sold by
Palm Beach Partners Steele Drake Llc
Bought by
Gendelman Daniel L
Seller's Agent
Linda R Olsson
Linda R. Olsson, Inc.
List Price
$1,325,000
Sold Price
$1,225,000
Premium/Discount to List
-$100,000
-7.55%
Current Estimated Value
$1,966,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$741,682
Avg. Annual Appreciation
11.22%

Purchase Details

Listed on
Sep 21, 2017
Closed on
Aug 3, 2018
Sold by
Palmheart Inc
Bought by
Palm Beach Partners Steele Drake Llc
Seller's Agent
Patricia Mahaney
Sotheby's International Realty, Inc.
Buyer's Agent
JEFF CLONINGER
JEFFREY A. CLONINGER and ASSOC.,INC.
List Price
$757,500
Sold Price
$757,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.18%

Purchase Details

Closed on
Jan 26, 2005
Sold by
Bridgeman James C
Bought by
Palmheart Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2004
Sold by
Bridgeman James A
Bought by
Bridgeman James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2003
Sold by
Talty Bernard J
Bought by
Bridgeman James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
4.3%

Purchase Details

Closed on
Jul 7, 2000
Sold by
Chaffee M Robert
Bought by
Talty Bernard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
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
$175,000
Interest Rate
7.79%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gendelman Daniel L $1,225,000 Attorney
Palm Beach Partners Steele Drake Llc $757,500 First American Title Insuran
Palmheart Inc $670,000 Southeast Guaranty & Title I
Bridgeman James A -- --
Bridgeman James A $650,000 Southeast Guaranty & Title I
Talty Bernard J $265,000 --
Chaffee M Robert $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmheart Inc $472,500
Previous Owner Bridgeman James A $487,500
Previous Owner Chaffee M Robert $100,000
Previous Owner Chaffee M Robert $212,000
Previous Owner Chaffee M Robert $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2021 05/03/21 Sold $1,225,000 -7.5% $1,250 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $1,325,000 +74.9% $1,352 / Sq Ft
08/08/2018 08/08/18 Sold $757,500 0.0% $773 / Sq Ft View Prior Sale
08/08/2018 08/08/18 Sold $757,500 0.0% $773 / Sq Ft View Prior Sale
07/16/2018 07/16/18 Pending -- -- --
07/09/2018 07/09/18 Pending -- -- --
09/21/2017 09/21/17 For Sale $757,500 -15.4% $773 / Sq Ft
10/25/2016 10/25/16 For Sale $895,000 -- $913 / 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 $19,405 $1,318,699 -- --
2023 $18,984 $1,280,290 $0 $0
2022 $18,998 $1,243,000 $0 $0
2021 $13,966 $975,000 $0 $975,000
2020 $11,419 $670,000 $0 $670,000
2019 $11,656 $670,000 $0 $670,000
2018 $10,146 $650,000 $0 $650,000
2017 $9,852 $650,000 $0 $0
2016 $9,428 $467,500 $0 $0
2015 $7,711 $425,000 $0 $0
2014 $7,812 $425,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10691416

BeachesMLS

APN: 50-43-43-26-21-000-0060