$654,000
SOLD AUG 7, 2012

The Reef 2275 S Ocean Blvd Unit 207 Palm Beach, FL 33480

2 Beds
2 Baths
1,614 Sq Ft
$1,222/mo HOA Fee

Recently Sold

$405 Per Sq Ft

3% Below List Price

87 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Wet Bar
  • Palm Beach Public School Rated A-
  • Community Pool
  • Bar

About This Home

As of November 2021

Incredible, sophisticated, chic 2BR/2BA apartment with Ocean views in the Reef. Reconfigured to offer a formal entry area and a master suite with bedroom and den area. Open modern kitchen with state-of-the- art appliances. Exceptional renovation shows beautifully. Popular pet friendly building with garage parking, resort style pool, fitness center, and full time manager.

Last Agent to Sell the Property

Mia Morrison

The Corcoran Group License #3077087 Listed on: 04/11/2012

The Corcoran Group

Last Buyer's Agent

Allison Wren

The Corcoran Group License #3199580

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,079

Year Built

  • Built in 1974

HOA Fees

  • $1,222 Monthly HOA Fees

Interior Spaces

  • 1,614 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434414010012070

Community Details

Overview

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

Amenities

  • Doorman

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,079

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,222 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 exit Southern Boulevard. South on A1A
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Bar
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1614.0
  • Dining Room Type: Storage Room
  • Stories: 3

Exterior Features

  • View: Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block

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: 1222.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 50434414010012070
  • Zoning Description: RD-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 3079.0

Multi Family

  • Number Of Units In Community: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2021
Closed on
Nov 18, 2021
Sold by
Harper Peter and Harper Gillian
Bought by
Hcje Llc
Seller's Agent
Robin Lambro
Worldwide Realty Investment Co
List Price
$1,300,000
Sold Price
$1,400,000
Premium/Discount to List
$100,000
7.69%
Current Estimated Value
$1,828,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,767
Avg. Annual Appreciation
7.36%

Purchase Details

Listed on
Apr 11, 2012
Closed on
Aug 8, 2012
Sold by
Gaucher Paul M and Niemitz Peter A
Bought by
Moran Carole
Seller's Agent
Mia Morrison
The Corcoran Group
Buyer's Agent
Allison Wren
The Corcoran Group
List Price
$672,000
Sold Price
$654,000
Premium/Discount to List
-$18,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%

Purchase Details

Closed on
Mar 11, 2011
Sold by
Kosow Anne M
Bought by
Gaucher Paul M
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
Warranty Deed $1,287,000 Attorney
Warranty Deed $654,000 Attorney
Warranty Deed $370,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $510,400 New Conventional
Previous Owner $157,000 Credit Line Revolving
Previous Owner $236,500 Unknown
Previous Owner $77,131 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $1,400,000 +7.7% $867 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
09/25/2021 09/25/21 For Sale $1,300,000 +52.9% $805 / Sq Ft
09/30/2020 09/30/20 Sold $850,000 -10.5% $527 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $950,000 +185.0% $589 / Sq Ft
05/19/2014 05/19/14 Sold $333,300 -18.7% $207 / Sq Ft
04/19/2014 04/19/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $410,000 -37.3% $254 / Sq Ft
08/07/2012 08/07/12 Sold $654,000 -2.7% $405 / Sq Ft
07/08/2012 07/08/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $672,000 -- $416 / 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 $21,958 $1,391,500 -- --
2023 $20,611 $1,265,000 $0 $1,500,000
2022 $17,919 $1,150,000 $0 $0
2021 $11,454 $700,000 $0 $700,000
2020 $9,167 $550,000 $0 $550,000
2019 $9,362 $550,000 $0 $550,000
2018 $8,300 $505,000 $0 $505,000
2017 $8,030 $505,000 $0 $0
2016 $7,235 $415,000 $0 $0
2015 $7,353 $405,000 $0 $0
2014 $7,354 $396,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3273634

BeachesMLS

APN: 50-43-44-14-01-001-2070