NOT LISTED FOR SALE

227 Australian Ave Palm Beach, FL 33480

Estimated Value: $2,051,000 - $2,809,000

2 Beds
2 Baths
1,287 Sq Ft
$1,510/mo HOA Fee

Last Sold October 24, 2019

Last sale price $820,000 $637 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $16,516/month

255 Days on Market

Highlights

  • Doorman
  • Marble Flooring
  • Community Pool
  • Palm Beach Public School Rated A-
  • Great Room
  • Walk-In Closet

About This Home

As of October 2019

Great location full service building, large balcony, new kitchen, walking distance to Worth and restaurants, beach is within walking distance.

Last Agent to Sell the Property

PAT McINERNEY

Brown Harris Stevens of PB License #569864 Listed on: 01/11/2019

Brown Harris Stevens of PB

Co-Listed By

Sylvia James

Brown Harris Stevens of PB License #559750

Last Buyer's Agent

Bradford Miller

Bradford P Miller Real Estate License #644812

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,857

Year Built

  • Built in 1985

Lot Details

  • South Facing Home

HOA Fees

  • $1,510 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,287 Sq Ft Home
  • Great Room
  • Marble Flooring
  • Closed Circuit Camera

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434326170000022

Community Details

Overview

  • Association fees include cable TV, maintenance structure
  • Melborne House Condo Subdivision
  • 5-Story Property

Recreation

  • Community Pool

Additional Features

  • Doorman
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,857

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,510 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Corner of South County and Australian
  • Year Built: 1985
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Living Area: 1287.0
  • Dining Room Type: Great Room
  • Stories: 5

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Closed Circuit Camera(s), Door Man
  • 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: 1510.0
  • Community Features: Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Management, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Structure

Lot Info

  • Parcel #: 50434326170000022
  • Lot Size Sq Ft: 35000.0
  • Zoning Description: R-C(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 11857.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2019
Closed on
Oct 17, 2019
Sold by
Benham David B and Benham Margaret W
Bought by
Fifty Franklin Street Limited Partnershi
Seller's Agent
PAT McINERNEY
Brown Harris Stevens of PB
Buyer's Agent
Bradford Miller
Bradford P Miller Real Estate
List Price
$960,000
Sold Price
$820,000
Premium/Discount to List
-$140,000
-14.58%
Current Estimated Value
$2,473,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,653,938
Avg. Annual Appreciation
19.86%

Purchase Details

Closed on
Mar 22, 1999
Sold by
Jonathan L York Tr and Cassie J York Tr
Bought by
Benham David B and Benham Margaret W
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
Fifty Franklin Street Limited Partnershi $820,000 Premier Title Company Ltd
Benham David B $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benham David B $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2019 10/24/19 Sold $820,000 -14.6% $637 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $960,000 -- $746 / 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 $21,903 $1,105,396 -- --
2023 $21,287 $1,004,905 $0 $0
2022 $15,801 $913,550 $0 $0
2021 $14,114 $870,000 $0 $870,000
2020 $12,816 $755,000 $0 $755,000
2019 $13,083 $755,000 $0 $755,000
2018 $11,857 $705,000 $0 $705,000
2017 $11,741 $705,000 $0 $0
2016 $10,987 $607,420 $0 $0
2015 $10,875 $552,200 $0 $0
2014 $9,209 $502,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    PAT McINERNEY

    Brown Harris Stevens of PB

    (561) 758-0759

    16 Total Sales

    PAT McINERNEY
    Section Image

  • S

    Seller Co-Listing Agent in 2019

    Sylvia James

    Brown Harris Stevens of PB

  • B

    Buyer's Agent in 2019

    Bradford Miller

    Bradford P Miller Real Estate

    (561) 833-2776

    40 Total Sales

    Bradford Miller
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10494602

BeachesMLS

APN: 50-43-43-26-17-000-0022

Florida Palm Beach County Palm Beach 33480

227 Australian Ave, Palm Beach, FL

This home is located at 227 Australian Ave, Palm Beach, FL 33480 since 11 January 2019 and is currently estimated at $2,473,938, approximately $1,922 per square foot. This property was built in 1985. 227 Australian Ave 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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