NOT LISTED FOR SALE

Sutton Place 2778 S Ocean Blvd Unit 203N Palm Beach, FL 33480

Estimated Value: $1,167,000 - $1,598,000

2 Beds
2 Baths
1,780 Sq Ft
$744/Sq Ft Est. Value

Last Sold May 01, 2013

Last sale price $405,000 $228 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $8,999/month

315 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Outdoor Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Wine Refrigerator

About This Home

As of May 2013

Palm Beach-Great waterfront views and smashing sunsets from renovated 2 bedroom, 2 bathroom condo. New kitchen, baths, air conditioner & hot water heater, large terrace, W/D in unit. Best building on the lake; Full time manager, doorman, underground parking, deeded beach access. Located across from The Four Seasons and par 3 golf course. Cabana included with purchase - Great Value. Move right in!

Last Agent to Sell the Property

HELENE SIDEL

The Corcoran Group Listed on: 05/31/2012

Last Buyer's Agent

Jeffrey Ray

Jeffrey Ray, LLC License #BK-3063557

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $5,804

Year Built

  • Built in 1981

Lot Details

  • Southwest Facing Home

HOA Fees

  • $1,042 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,780 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Dining Area
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool
  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434423100012030

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 76 Units
  • Sutton Place Community
  • On-Site Maintenance

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$5,804

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,042 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: A1A Intracoastal side
  • Building Name: Sutton Place
  • Year Built: 1981
  • Location Tax Legal:Name of Building: Sutton Place
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 5804.16
  • Location Tax Legal:Tax Year2: 2011
  • General Property Description:Living Area: 1780.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 3125.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 76
  • General Property Description:_pound_ Floors: 3.0
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:West2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Waterfront-Building:Ocean- Across Street: Yes
  • Waterfront-Unit:Ocean- Across Street2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Other Flooring
  • Interior Amenities: Wndw Trmnts Included, Other (See Remarks)
  • Living Area: 1780.0
  • Stories: 3
  • Interior Features:Wndw Trmnts Included: Yes
  • Interior Features:Other (See Remarks)3: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Ocean Access- Deeded, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Ocean Access-Deeded: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:Covered Parking: Yes
  • Parking:Other2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434423100012030
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 76
  • Maintenance Expense: 3125.0

Tax Info

  • Tax Annual Amount: 5804.16
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2012
Closed on
Apr 30, 2013
Sold by
Kotler Amanda and Kotler Family Trust
Bought by
Goldsmith Stephen
Seller's Agent
HELENE SIDEL
The Corcoran Group
Buyer's Agent
Jeffrey Ray
Jeffrey Ray, LLC
List Price
$405,000
Sold Price
$405,000
Current Estimated Value
$1,324,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$919,424
Avg. Annual Appreciation
10.00%

Purchase Details

Closed on
Feb 25, 2010
Sold by
Wenger Marvin and Wenger Lynda
Bought by
Kotler Amanda

Purchase Details

Closed on
Sep 18, 1995
Sold by
Cohen Elaine
Bought by
Wenger Marvin

Purchase Details

Closed on
Jun 7, 1994
Sold by
Ziff Family Asssoc
Bought by
Cohen Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
8.27%
Source: Public Records

Range of Values:

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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
Goldsmith Stephen $405,000 Attorney
Kotler Amanda $400,000 Attorney
Wenger Marvin $235,000 --
Cohen Elaine $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohen Elaine $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2013 05/01/13 Sold $405,000 0.0% $228 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
05/31/2012 05/31/12 For Sale $405,000 -- $228 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $11,219 $479,160 -- --
2023 $8,382 $435,600 $0 $0
2022 $8,559 $396,000 $0 $0
2021 $6,258 $360,000 $0 $360,000
2020 $6,350 $360,000 $0 $360,000
2019 $6,348 $360,000 $0 $360,000
2018 $5,551 $315,000 $0 $315,000
2017 $5,908 $330,000 $0 $0
2016 $5,773 $330,000 $0 $0
2015 $6,009 $330,000 $0 $0
2014 $5,544 $300,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-1288

APN: 50-43-44-23-10-001-2030