$513,000
SOLD JUN 23, 2014

251 Park Ave Palm Beach, FL 33480

North End Neighborhood
-- Bed
-- Bath
2,767 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$185 Per Sq Ft

36% Below List Price

389 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Palm Beach Public School Rated A-
  • Patio

About This Home

As of April 2021

This home is located at 251 Park Ave, Palm Beach, FL 33480 and is currently priced at $513,000, approximately $185 per square foot. This property was built in 1928. 251 Park Ave is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

Last Agent to Sell the Property

Paul Bergman

Douglas Elliman License #3248699 Listed on: 04/29/2013

Douglas Elliman

Last Buyer's Agent

Paul Bergman

Douglas Elliman License #3248699 Listed on: 04/29/2013

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,541

Year Built

  • Built in 1928

Home Design

  • Triplex
  • Barrel Roof Shape
  • Frame Construction
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 2,767 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $1,700
  • Assessor Parcel Number 50434315080000110

Community Details

Overview

  • 4 Units
  • Bungalow Park Add Subdivision

Building Details

  • Operating Expense $300
  • Net Operating Income $1,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,541

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Flagler Bride, N on Bradley, East on Park
  • Year Built: 1928
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Living Area: 2767.0

Exterior Features

  • Exterior Features: Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Patio And Porch Features: Patio
  • Roof: Barrel, Spanish Tile, Tile

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Parcel #: 50434315080000110
  • Zoning Description: Rc

Multi Family

  • Property Net Operating Income: 1400.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 300.0
  • Total Actual Rent: 1700.0

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 4541.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 28, 2021
Sold by
Park Ave Llc
Bought by
Mcgowan Patrick and Mcgowan Lisa
Seller's Agent
Jerome Brun De Saint Hippolyte
The Corcoran Group
Buyer's Agent
Jerome Brun De Saint Hippolyte
The Corcoran Group
List Price
$2,362,000
Sold Price
$2,362,000
Current Estimated Value
$5,330,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,968,022
Avg. Annual Appreciation
13.53%

Purchase Details

Listed on
Apr 29, 2013
Closed on
May 20, 2014
Sold by
Hicks Carolyn Robinson and Hicks George Russell
Bought by
251 Park Ave Llc
Seller's Agent
Paul Bergman
Douglas Elliman
Buyer's Agent
Paul Bergman
Douglas Elliman
List Price
$799,000
Sold Price
$513,000
Premium/Discount to List
-$286,000
-35.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.97%
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 Type Sale Price Title Company
Warranty Deed $2,362,000 Attorney
Warranty Deed $513,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $550,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $2,362,000 0.0% $863 / Sq Ft
04/29/2021 04/29/21 Sold $2,362,000 0.0% $863 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/08/2021 03/08/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $2,362,000 -26.1% $863 / Sq Ft
12/21/2020 12/21/20 For Sale $3,198,000 0.0% $1,168 / Sq Ft
04/15/2015 04/15/15 Rented $5,000 -16.6% --
03/16/2015 03/16/15 Under Contract -- -- --
02/24/2015 02/24/15 For Rent $5,998 0.0% --
06/23/2014 06/23/14 Sold $513,000 -35.8% $185 / Sq Ft
05/24/2014 05/24/14 Pending -- -- --
04/29/2013 04/29/13 For Sale $799,000 -- $289 / 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 $31,544 $2,085,390 -- --
2023 $30,833 $2,024,650 $0 $0
2022 $30,868 $1,965,680 $0 $0
2021 $21,519 $1,330,806 $1,150,000 $180,806
2020 $19,167 $1,097,192 $900,000 $197,192
2019 $18,004 $1,011,894 $864,000 $147,894
2018 $16,567 $1,011,465 $949,047 $62,418
2017 $14,832 $826,543 $747,281 $79,262
2016 $14,350 $783,859 $0 $0
2015 $13,091 $712,599 $0 $0
2014 $4,638 $276,699 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jerome Brun De Saint Hippolyte

    The Corcoran Group

    Section Image

  • J

    Seller's Agent in 2015

    Jennifer Hasozbek-Garcia

    Premier Estate Properties, Inc

    (561) 351-8452

    2 in this area

    37 Total Sales

    Section Image
  • Paul Bergman

    Seller's Agent in 2014

    Paul Bergman

    Douglas Elliman

    (310) 498-4883

    9 in this area

    34 Total Sales

    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R3363469

BeachesMLS

APN: 50-43-43-15-08-000-0110

Florida Palm Beach County Palm Beach 33480 North End

251 Park Ave, Palm Beach, FL

This home is located at 251 Park Ave, Palm Beach, FL 33480 and is currently priced at $513,000, approximately $185 per square foot. This property was built in 1928. 251 Park Ave is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes 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