NOT LISTED FOR SALE

229 Chilean Ave Palm Beach, FL 33480

Estimated Value: $7,636,000 - $10,621,450

3 Beds
5.5 Baths
3,384 Sq Ft
$2,652/Sq Ft Est. Value

Sale Details

Date Sold: August 1, 2017

Last sale price $3,400,000 $1,005 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $52,159 / mo

275 Days on Market

Highlights

  • In Ground Pool
  • Marble Flooring
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Outdoor Living Area
  • No HOA

About This Home

As of August 2017

Beautiful Mediterranean 3BR/5.5BA townhouse. Excellent In-Town location with shops, restaurants, and beaches within two blocks. Oversized master suite features balcony and dual baths and closets. Great room with fireplace, family room, chef’s kitchen, elevator, and two car garage. Backyard with loggia, pool, and summer grill.

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 09/23/2016

Last Buyer's Agent

Adam Zimmerman

Douglas Elliman License #3158514

Douglas Elliman

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $55,075

Year Built

  • Built in 2003

Parking

  • 2 Car Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 3,384 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Fireplace

Kitchen

  • Oven
  • Microwave
  • Free-Standing Freezer
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Outdoor Living Area

Additional Features

  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434323050070290

Community Details

Overview

  • No Home Owners Association
  • Royal Park Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$55,075

Year Built

Built in 2003

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Call LO
  • Year Built: 2003
  • Architectural Style: Mediterranean
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Elevator, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 3384.0
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Pool Features: In Ground
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434323050070290
  • Mobile Dim Units: Feet
  • Zoning: R-C

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 55075.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2016
Closed on
Aug 1, 2017
Sold by
229 Chilean Avenue Llc
Bought by
Delaney Joseph and Delaney Nancy
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Adam Zimmerman
Douglas Elliman
List Price
$4,950,000
Sold Price
$3,400,000
Premium/Discount to List
-$1,550,000
-31.31%
Current Estimated Value
$8,975,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,575,817
Avg. Annual Appreciation
11.80%

Purchase Details

Closed on
Oct 1, 2007
Sold by
Mattei James E and Mattei Sharon
Bought by
229 Chilean Avenue Llc

Purchase Details

Closed on
Oct 10, 2003
Sold by
Ocean Drive Development Corp
Bought by
United Properties Group Llc

Purchase Details

Closed on
Feb 12, 2002
Sold by
United Properties Group Llc
Bought by
Ocean Drive Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,877,322
Interest Rate
7.02%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 16, 2001
Sold by
Pierce Trust
Bought by
United Properties Group and C
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Delaney Joseph $3,400,000 Attorney
229 Chilean Avenue Llc $4,250,000 Attorney
United Properties Group Llc $4,177,322 --
Ocean Drive Development Corp $1,810,676 --
United Properties Group $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ocean Drive Development Corp $3,877,322
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2017 08/01/17 Sold $3,400,000 -31.3% $1,005 / Sq Ft
07/02/2017 07/02/17 Pending -- -- --
09/23/2016 09/23/16 For Sale $4,950,000 -- $1,463 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $50,918 $3,549,129 -- --
2024 $50,918 $3,449,105 -- --
2023 $49,889 $3,348,646 $0 $0
2022 $49,965 $3,251,113 $0 $0
2021 $50,766 $3,156,420 $0 $0
2020 $51,627 $3,112,840 $2,100,000 $1,012,840
2019 $49,628 $2,890,591 $1,900,000 $990,591
2018 $46,159 $2,774,383 $1,995,572 $778,811
2017 $59,198 $3,498,220 $1,814,157 $1,684,063
2016 $57,406 $3,326,235 $0 $0
2015 $55,075 $3,038,168 $0 $0
2014 $50,318 $2,761,971 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christian Angle

    Seller's Agent in 2017

    Christian Angle

    Christian Angle Real Estate

    (561) 629-3015

    186 Total Sales

    Christian Angle
    Section Image
  • Adam Zimmerman

    Buyer's Agent in 2017

    Adam Zimmerman

    Douglas Elliman

    (561) 906-7152

    19 Total Sales

    Adam Zimmerman
    Section Image
  • Jacqueline Zimmerman

    Buyer Co-Listing Agent in 2017

    Jacqueline Zimmerman

    Douglas Elliman

    (561) 906-7153

    20 Total Sales

    Jacqueline Zimmerman
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10270040

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-23-05-007-0290

Florida Palm Beach County Palm Beach 33480

229 Chilean Ave, Palm Beach, FL

Not Listed for Sale

Townhouses

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