NOT LISTED FOR SALE

227 Australian Ave Unit 54 Palm Beach, FL 33480

Estimated Value: $2,108,000 - $2,858,122

2 Beds
2 Baths
1,287 Sq Ft
$2,063/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $1,000,000 $777 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $15,228/month

Highlights

  • Outdoor Pool
  • Palm Beach Public School Rated A-
  • Wall to Wall Carpet

About This Home

As of May 2018

This home is located at 227 Australian Ave Unit 54, Palm Beach, FL 33480 since 09 May 2018 and is currently estimated at $2,655,281, approximately $2,063 per square foot. This property was built in 1985. 227 Australian Ave Unit 54 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.

Last Agent to Sell the Property

STEVE HALL

HALL REAL ESTATE Listed on: 05/09/2018

Last Buyer's Agent

Liza Pulitzer

Brown Harris Stevens of Palm Beach 5225 License #SL-538250

Brown Harris Stevens of Palm Beach 5225

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $11,918

Year Built

  • Built in 1985

Parking

  • 1 Parking Space

Interior Spaces

  • 1,287 Sq Ft Home
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Pool

  • Outdoor Pool

Community Details

  • 20 Units
  • Melbourne House Community
  • 5-Story Property

Listing and Financial Details

  • Assessor Parcel Number 50434326170000054

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$11,918

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Melbourne House
  • Year Built: 1985
  • Location Tax Legal:Name of Building: Melbourne House
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 11918.14
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:_pound_ Units in Complex: 20
  • General Property Description:_pound_ Floors: 5.0
  • Floors:WW Carpeting: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Flooring: W/W Carpeting
  • Stories: 5

Exterior Features

  • Pool Features: No Pool
  • Pool Private: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes

Lot Info

  • Parcel #: 50434326170000054
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 20

Tax Info

  • Tax Annual Amount: 11918.14
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
May 11, 2018
Sold by
Jacobsen Violet Elizabeth
Bought by
Maccowan Thomas H and Maccowan Anne L
Seller's Agent
STEVE HALL
HALL REAL ESTATE
Buyer's Agent
Liza Pulitzer
Brown Harris Stevens of Palm Beach 5225
List Price
$1,000,000
Sold Price
$1,000,000
Current Estimated Value
$2,655,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,655,281
Avg. Annual Appreciation
13.91%
Original Mortgage
$700,000
Outstanding Balance
$609,129
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,991,507

Purchase Details

Closed on
Aug 11, 1997
Sold by
Pr David Vincent Guy De Pass
Bought by
Guy De Pass David
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
Maccowan Thomas H $1,000,000 Attorney
Guy De Pass David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maccowan Thomas H $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2018 05/15/18 Sold $1,000,000 0.0% $777 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $1,000,000 -- $777 / 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 $12,972 $886,420 -- --
2023 $12,679 $860,602 $0 $0
2022 $12,680 $835,536 $0 $0
2021 $12,890 $811,200 $0 $0
2020 $12,908 $800,000 $0 $800,000
2019 $13,178 $800,000 $0 $800,000
2018 $12,590 $750,000 $0 $750,000
2017 $12,703 $750,000 $0 $0
2016 $11,918 $667,920 $0 $0
2015 $11,785 $607,200 $0 $0
2014 $10,117 $552,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-1033

APN: 50-43-43-26-17-000-0054