NOT LISTED FOR SALE

The Presidents of Palm Beach 2505 S Ocean Blvd Unit 3150 Palm Beach, FL 33480

Estimated Value: $442,000 - $632,000

2 Beds
2 Baths
1,116 Sq Ft
$1,131/mo HOA Fee

Last Sold April 25, 2017

Last sale price $225,000 $202 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $4,520/month

24 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Newly Remodeled
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Community Pool

About This Home

As of April 2017

Awesome water views from this super long balcony, just one condo from the end, overlooking the lushly landscaped pool area, and the intracoastal waterway! Step outside and throw a line off the day dock! Enjoy a glass of wine while the sunsets over the waters edge! This is a great opportunity to take this open canvass and make it your dream condo. So many options so many ways! Play cards in the community room! Hit the treadmill in the fitness center! Hate the gym? Step out onto S Ocean and walk for miles along the water on the walking trail! Cross the st with your morning coffee along the deeded beach access and watch the sun rise! Enjoy fantastic food and creative cocktails at the Par 3 restaurant and lounge or any one of the 4 star hotels all within minutes of your front door!

Last Agent to Sell the Property

Barbara Lilley

True Blue Realty Inc License #3022217 Listed on: 03/01/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,021

Year Built

  • Built in 1970 | Newly Remodeled

Lot Details

HOA Fees

  • $1,131 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,116 Sq Ft Home
  • Single Hung Metal Windows
  • Family Room

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Balcony
  • Open Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434423010003150

Community Details

Overview

  • Association fees include management, common areas, insurance, laundry, ground maintenance, parking, sewer, security, trash, water
  • High-Rise Condominium
  • President Of Palm Beach C Subdivision
  • 7-Story Property

Amenities

  • Doorman
  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,021

Year Built

Built in 1970 | Newly Remodeled

Lot Details

0

HOA Fees

$1,131 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Lake Worth bridge onto the island head north towards par 3 course, building on the left, parking spot 77 on the left
  • Year Built: 1970
  • Architectural Style: High Rise
  • Carport Y N: No
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 1026

Interior Features

  • Interior Amenities: Elevator, Stacked Bedrooms
  • Furnished: Unfurnished
  • Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1116.0
  • Dining Room Type: Family Room
  • Stories: 7
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Dock Access, Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: New Construction
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: Common Area
  • Security: Door Man, Fire Sprinkler System
  • Green Building Features: Exterior Lighting
  • 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: 1131.0
  • Community Features: Fitness Center, Property Manager On-Site, Pool, Sidewalks, Tennis Court(s), Dock
  • Senior Community: No
  • Amenities: Fitness Center, Laundry, Management, Pool, Tennis Court(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Laundry, Maintenance Grounds, Parking, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434423010003150
  • Lot Size Sq Ft: 43450.0
  • Zoning Description: R-C(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3021.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
Apr 24, 2017
Sold by
Fannie Mae
Bought by
Dalton Calvin Richard
Seller's Agent
Barbara Lilley
True Blue Realty Inc
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$540,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,486
Avg. Annual Appreciation
10.86%
Original Mortgage
$180,000
Outstanding Balance
$150,155
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$390,331

Purchase Details

Closed on
Feb 8, 2017
Sold by
Davis Rufus L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 21, 2007
Sold by
Hould Paul A and Davis Rufus L
Bought by
Hould Paul A and Davis Rufus L

Purchase Details

Closed on
May 24, 2002
Sold by
Float Kenneth M and Float Diane H
Bought by
Hould Paul A and Davis Rufus L

Purchase Details

Closed on
May 21, 2001
Sold by
Peter M Matlow I
Bought by
Float Kenneth M and Float Diane H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 1995
Sold by
Matlow Rose B
Bought by
Matlow Peter M and Matlow Richard D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dalton Calvin Richard $225,000 Attorney
Federal National Mortgage Association -- None Available
Hould Paul A -- Attorney
Hould Paul A $135,000 --
Float Kenneth M $97,500 --
Matlow Peter M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dalton Calvin Richard $180,000
Previous Owner Float Kenneth M $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2017 04/25/17 Sold $225,000 0.0% $202 / Sq Ft
03/26/2017 03/26/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $225,000 -- $202 / 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 $6,388 $332,750 -- --
2023 $5,882 $302,500 $0 $0
2022 $5,173 $275,000 $0 $0
2021 $4,418 $250,000 $0 $250,000
2020 $4,316 $240,000 $0 $240,000
2019 $4,235 $230,000 $0 $230,000
2018 $3,785 $210,000 $0 $210,000
2017 $3,628 $210,000 $0 $0
2016 $3,021 $170,000 $0 $0
2015 $3,143 $170,000 $0 $0
2014 $3,003 $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Lilley

    Seller's Agent in 2017

    Barbara Lilley

    True Blue Realty Inc

    (561) 644-1041

    95 Total Sales

    Barbara Lilley
    Section Image
See All Agents

About The Presidents of Palm Beach

Map

Source: BeachesMLS

MLS Number: R10312474

BeachesMLS

APN: 50-43-44-23-01-000-3150

Florida Palm Beach County Palm Beach 33480

2505 S Ocean Blvd Unit 3150, Palm Beach, FL

This home is located at 2505 S Ocean Blvd Unit 3150, Palm Beach, FL 33480 since 01 March 2017 and is currently estimated at $540,486, approximately $484 per square foot. This property was built in 1970. 2505 S Ocean Blvd Unit 3150 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Lake Worth Community 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.

Nearby Homes