$411,200
SOLD MAY 15, 2015

The Reef 2275 S Ocean Blvd Unit 103 Palm Beach, FL 33480

2 Beds
2 Baths
1,614 Sq Ft
$1,224/mo HOA Fee

Recently Sold

$255 Per Sq Ft

6% Below List Price

11 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Community Pool
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Central Heating and Cooling System

About This Home

As of November 2018

Beautiful 2BR/2BA garden apartment at The Reef. Light and bright with south facing exposure. Oceanfront, full service building close to everything Palm Beach has to offer.

Last Agent to Sell the Property

Thor Brown

Compass Florida LLC (PB) License #3022293 Listed on: 04/03/2015

Compass Florida LLC (PB)

Last Buyer's Agent

Thor Brown

Compass Florida LLC (PB) License #3022293 Listed on: 04/03/2015

Compass Florida LLC (PB)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,544

Year Built

  • Built in 1974

Lot Details

  • South Facing Home

HOA Fees

  • $1,224 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,614 Sq Ft Home
  • 3-Story Property
  • Marble Flooring

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434414010031030

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, pest control, sewer, trash, water
  • 80 Units
  • Reef Subdivision

Amenities

  • Doorman

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,544

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,224 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Call listing agent
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Living Area: 1614.0
  • Dining Room Type: Storage Room
  • Stories: 3

Exterior Features

  • Pool Features: None, Community
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: South

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Covered

Utilities

  • Security: Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association Fee: 1224.0
  • Community Features: Fitness, Pool
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434414010031030
  • Zoning Description: 0400

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5544.0

Multi Family

  • Number Of Units In Community: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2020
Sold by
Mccusker John and Lowenthal Barry
Bought by
Lowenthal Barry
Current Estimated Value
$1,503,504

Purchase Details

Closed on
Apr 14, 2017
Sold by
Mcusker John
Bought by
Mccuskar John

Purchase Details

Listed on
Apr 3, 2015
Closed on
May 15, 2015
Sold by
Marcus Ira M
Bought by
Mccusker John
Seller's Agent
Thor Brown
Compass Florida LLC (PB)
Buyer's Agent
Thor Brown
Compass Florida LLC (PB)
List Price
$439,000
Sold Price
$411,200
Premium/Discount to List
-$27,800
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.51%

Purchase Details

Listed on
Sep 26, 2014
Closed on
Oct 2, 2014
Sold by
Marcus Roberta Rosenberg
Bought by
Marcus Ira M
Seller's Agent
Burt Minkoff
Douglas Elliman
Buyer's Agent
Sylvia James
Brown Harris Stevens of PB
Sold Price
$5,500

Purchase Details

Closed on
Oct 5, 2012
Sold by
Rosenberg Kenneth J
Bought by
Marcus Roberta Rosenberg

Purchase Details

Closed on
May 27, 2004
Sold by
Rosenberg Kenneth J and Marcus Paul R
Bought by
Rosenberg Kenneth J

Purchase Details

Closed on
May 26, 1998
Sold by
Federal Natl Mtg Assn
Bought by
Rosenberg Kenneth J

Purchase Details

Closed on
Mar 4, 1997
Sold by
Clerk Of The Court
Bought by
Federal National Mortgage Association
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Quit Claim Deed -- None Available
Warranty Deed $411,200 None Available
Interfamily Deed Transfer -- Attorney
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- --
Deed $119,000 --
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $1,006,150 0.0% $623 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $1,006,150 +144.7% $623 / Sq Ft
05/15/2015 05/15/15 Sold $411,200 -6.3% $255 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $439,000 0.0% $272 / Sq Ft
11/18/2014 11/18/14 Rented $5,500 0.0% --
10/19/2014 10/19/14 Under Contract -- -- --
09/26/2014 09/26/14 For Rent $5,500 0.0% --
02/21/2012 02/21/12 Sold $400,000 -15.8% $248 / Sq Ft
01/22/2012 01/22/12 Pending -- -- --
04/14/2011 04/14/11 For Sale $475,000 -- $294 / 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 $11,693 $793,023 -- --
2023 $11,417 $769,925 $0 $0
2022 $11,415 $747,500 $0 $0
2021 $8,347 $485,000 $0 $485,000
2020 $8,059 $460,000 $0 $460,000
2019 $7,633 $425,000 $0 $425,000
2018 $7,154 $425,000 $0 $425,000
2017 $6,834 $410,000 $0 $0
2016 $5,773 $330,000 $0 $0
2015 $5,471 $300,000 $0 $0
2014 $5,544 $300,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10124804

BeachesMLS

APN: 50-43-44-14-01-003-1030