NOT LISTED FOR SALE

253 Oleander Ave Unit 1-8 Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $4,024,000 - $5,766,000

8 Beds
8 Baths
5,371 Sq Ft
4,182 Sq Ft Lot

Last Sold June 19, 2013

Last sale price $1,150,000 $214 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $29,518/month

713 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Family Room
  • Palm Beach Public School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of June 2013

Impeccable in-town Palm Beach investment property. 100% leased. Market leading high cap rate. Eight units located one block from the beach and intracoastal.

Last Agent to Sell the Property

Crissy Poorman

Sotheby's Intl. Realty, Inc. License #3221956 Listed on: 06/06/2011

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Marcelo Jimenez

Waterfront Properties & Club C License #3058992

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,285

Year Built

  • Built in 1926

Lot Details

  • 4,182

Interior Spaces

  • 5,371 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Family Room
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Community Details

  • Erbs Daisy E Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434315050000060

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,285

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: North County Road, TR on Oleander, near end of road on north side
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Interior Amenities: Tub Shower, Vaulted Ceiling(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Flooring: Other, Wood
  • Living Area: 5371.0
  • Dining Room Type: Family Room
  • Stories: 2

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other

Lot Info

  • Parcel #: 50434315050000060
  • Zoning Description: Rc
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 15285.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2021
Sold by
Calle Gato Ocho Llc
Bought by
Bols John D and The John D Bols Separate Prope
Total Days on Market
713
Current Estimated Value
$4,667,167

Purchase Details

Listed on
Jun 6, 2011
Closed on
Jun 19, 2013
Sold by
Talbot Sharon P
Bought by
Calle Gato Ocho Llc
Seller's Agent
Crissy Poorman
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Marcelo Jimenez
Waterfront Properties & Club C
List Price
$1,500,000
Sold Price
$1,150,000
Premium/Discount to List
-$350,000
-23.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.43%
Original Mortgage
$2,160,000
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 25, 1998
Sold by
Touchstar Inv Inc
Bought by
Talbot Sharon P
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Bols John D $3,250,000 None Available
Calle Gato Ocho Llc $1,150,000 Crystal Title & Escrow Co In
Talbot Sharon P $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open John D Bols Separate Property $2,000,000
Closed John D Bols Separate Property $1,500,000
Previous Owner Calle Gato Ocho Llc $2,160,000
Previous Owner Talbot Sharon P $1,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2013 06/19/13 Sold $1,150,000 -23.3% $214 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
06/06/2011 06/06/11 For Sale $1,500,000 -- $279 / 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 $39,825 $2,525,656 -- --
2023 $42,510 $2,481,857 $0 $0
2022 $37,018 $2,256,234 $0 $0
2021 $23,053 $1,556,571 $1,253,000 $303,571
2020 $20,994 $1,349,035 $1,000,000 $349,035
2019 $20,310 $1,314,665 $960,000 $354,665
2018 $18,783 $1,320,492 $976,163 $344,329
2017 $14,843 $783,388 $768,632 $14,756
2016 $14,493 $687,645 $0 $0
2015 $13,214 $625,132 $0 $0
2014 $13,403 $624,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Crissy Poorman

    Sotheby's Intl. Realty, Inc.

    (404) 307-3315

    14 Total Sales

    Crissy Poorman
    Section Image

  • M

    Buyer's Agent in 2013

    Marcelo Jimenez

    Waterfront Properties & Club C

    (561) 389-9378

    9 Total Sales

    Marcelo Jimenez
    Section Image
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Map

Source: BeachesMLS

MLS Number: R3202441

BeachesMLS

APN: 50-43-43-15-05-000-0060

Florida Palm Beach County Palm Beach 33480 North End

253 Oleander Ave Unit 1-8, Palm Beach, FL

This home is located at 253 Oleander Ave Unit 1-8, Palm Beach, FL 33480 since 06 June 2011 and is currently estimated at $4,667,167, approximately $868 per square foot. This property was built in 1926. 253 Oleander Ave Unit 1-8 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.

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