NOT LISTED FOR SALE

253 Oleander Ave Palm Beach, FL 33480

North End Neighborhood

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

8 Beds
8 Baths
5,371 Sq Ft
$869/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $3,250,000 $605 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $29,518/month

140 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Ceiling Fan
  • Palm Beach Public School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of September 2021

Own a piece of Palm Beach historical charm. Lovely 8 unit building located on the beautiful island. Each unit is a 1 bedroom, 1 bath with it's own unique architectural appeal. Walking distance to restaurants, beach, and shopping makes this building a desirable location for any resident. You can tell the pride of ownership in this pristine property. An amazing piece to add to your investment portfolio.

Last Agent to Sell the Property

Michele Pino

RE/MAX Direct License #3130304 Listed on: 03/23/2021

RE/MAX Direct

Last Buyer's Agent

Jeffery Green

Palm Beachers Realty LLC License #3205918

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,994

Year Built

  • Built in 1926

Lot Details

  • 4,200 Sq Ft Lot

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 5,371 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Water Views

Flooring

  • Wood
  • Tile
  • Terrazzo

Utilities

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

Community Details

  • 4 Units
  • Erbs Daisy E Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434315050000060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,994

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Flagler Bridge to Palm Beach. 2 lights to N County Rd. make left and head North 4 blocks to Oleander make a left and building is on the right side.
  • Year Built: 1926
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Other, Terrazzo, Tile, Wood
  • Living Area: 5371.0

Exterior Features

  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Other
  • Property Condition: Resale
  • Roof: Barrel

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 50434315050000060
  • Lot Size Sq Ft: 4200.0
  • Zoning Description: R-C(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 20994.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Sep 10, 2021
Sold by
Calle Gato Ocho Llc
Bought by
Bols John D and The John D Bols Separate Prope
Seller's Agent
Michele Pino
RE/MAX Direct
Buyer's Agent
Jeffery Green
Palm Beachers Realty LLC
List Price
$3,999,000
Sold Price
$3,250,000
Premium/Discount to List
-$749,000
-18.73%
Total Days on Market
140
Current Estimated Value
$4,667,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,417,167
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
Jun 19, 2013
Sold by
Talbot Sharon P
Bought by
Calle Gato Ocho Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
09/10/2021 09/10/21 Sold $3,250,000 -18.7% $605 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $3,999,000 -- $745 / 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

  • Michele Pino

    Seller's Agent in 2021

    Michele Pino

    RE/MAX

    (561) 714-6758

    1 in this area

    91 Total Sales

    Michele Pino
    Section Image

  • J

    Buyer's Agent in 2021

    Jeffery Green

    Palm Beachers Realty LLC

    (561) 572-5938

    1 in this area

    49 Total Sales

    Jeffery Green
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10702164

BeachesMLS

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

Florida Palm Beach County Palm Beach 33480 North End

253 Oleander Ave, Palm Beach, FL

This home is located at 253 Oleander Ave, Palm Beach, FL 33480 since 23 March 2021 and is currently estimated at $4,667,167, approximately $868 per square foot. This property was built in 1926. 253 Oleander 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.

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