$340,000
SOLD MAY 19, 2017

Sutton Place 2778 S Ocean Blvd Unit 204s Palm Beach, FL 33480

3 Beds
3 Baths
2,266 Sq Ft
$1,336/mo HOA Fee

Recently Sold

$150 Per Sq Ft

14% Below List Price

50 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Property fronts an intracoastal waterway
  • Clubhouse

About This Home

As of July 2018

EJNOY ROMANTIC EVENINGS FROM YOUR WRAP AROUND BALCONY AS THE SUN SETS OVER THE INTER-COASTAL. THIS OVER-SIZED FRESHLY PAINTED UNIT (2266 LIVING SF) HAS HAS AN ABUNDANT AMOUNT OF NATURAL LIGHT; WEST,SOUTH & EAST. SPACIOUS CLOSETS, LARGE PICTURESQUE GLASS DOORS AND WET BAR. THIS DOORMANED BLDG FEATURES; SPACIOUS INDOOR & OUTDOOR PARKING, GYM, ONSITE MANAGER, A CLUBHOUSE & POOL DIRECTLY ON THE INTER-COASTAL WITH A PANORAMIC VIEW OF THE WATER. THIS PERFECTLY SITUATED BUILDING IS WALKING DISTANCE TO 4 SEASONS RESORT & SPA, FARMERS MARKET & DEEDED BEACH ACCESS.

Last Agent to Sell the Property

Joseph Rosenberger

Coldwell Banker Realty License #3324205 Listed on: 02/27/2017

Coldwell Banker Realty

Co-Listed By

Dominique Mauger

Raya License #3322519

Last Buyer's Agent

STEPHANIE LEFES

Sotheby's Intl. Realty, Inc. License #3086165

Sotheby's Intl. Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,432

Year Built

  • Built in 1981

Lot Details

HOA Fees

  • $1,336 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

Home Design

  • Entry on the 2nd floor
  • Composition Roof

Interior Spaces

  • 2,266 Sq Ft Home
  • Wet Bar
  • Tinted Windows
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Closed Circuit Camera
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Clay
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 50434423100022040

Community Details

Overview

  • Association fees include management, common areas, cable TV, HVAC, insurance, maintenance structure, pest control, pool(s), sewer, trash, water
  • 76 Units
  • High-Rise Condominium
  • Sutton Place Condo Subdivision
  • 5-Story Property

Amenities

  • Doorman
  • Bike Room

Recreation

  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,432

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,336 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: South Ocean Blvd, North of Lake Ave and Four Seasons Resort
  • Year Built: 1981
  • Architectural Style: High Rise
  • Entry Level: 2
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Eat-in Kitchen, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Clay
  • Living Area: 2266.0
  • Stories: 5
  • Window Features: Blinds, Sliding, Tinted Windows

Exterior Features

  • View: Intercoastal, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Closed Circuit Camera(s), Door Man, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1336.0
  • Community Features: Clubhouse, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Management, Pool, Spa/Hot Tub, Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, HVAC, Insurance, Maintenance Structure, Pest Control, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 50434423100022040
  • Zoning Description: D(2)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3432.0

Multi Family

  • Number Of Units In Community: 76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2017
Closed on
Jun 15, 2018
Sold by
Youssefieh Kamran and Youssefieh Sormeh
Bought by
Lyons Maurice
Seller's Agent
STEPHANIE LEFES
Sotheby's International Realty, Inc.
Buyer's Agent
ERIC DITRI
WATERFRONT PROPERTIES & CLUB COMMUNITIES
List Price
$560,000
Sold Price
$560,000
Current Estimated Value
$1,296,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$736,215
Avg. Annual Appreciation
11.77%
Original Mortgage
$420,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2017
Closed on
May 18, 2017
Sold by
Mintz Steven
Bought by
Youssefieh Kamran and The Youssefien Family Trust And Kazem Re
Seller's Agent
DOMINIQUE MAUGER
Coldwell Banker Realty
Buyer's Agent
STEPHANIE LEFES
Lowell Int'l Realty Group. Inc
List Price
$340,000
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.13%
Original Mortgage
$1
Interest Rate
3.94%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $560,000 Premier Title Company Ltd
Personal Reps Deed $340,000 Sunbelt Title Agency
Deed -- Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $415,091 New Conventional
Closed $420,000 New Conventional
Previous Owner $1 No Value Available
Previous Owner $252,000 Unknown
Previous Owner $268,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2018 07/03/18 Sold $560,000 0.0% $247 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
12/08/2017 12/08/17 For Sale $560,000 +64.7% $247 / Sq Ft
05/19/2017 05/19/17 Sold $340,000 0.0% $150 / Sq Ft
05/19/2017 05/19/17 Sold $340,000 0.0% $150 / Sq Ft
04/20/2017 04/20/17 For Sale $340,000 -13.9% $150 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $394,900 -- $174 / 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 $6,584 $453,482 -- --
2023 $6,414 $440,274 $0 $0
2022 $6,402 $427,450 $0 $0
2021 $6,511 $415,000 $0 $415,000
2020 $6,608 $415,000 $0 $415,000
2019 $6,742 $415,000 $0 $415,000
2018 $6,855 $395,000 $0 $395,000
2017 $6,990 $395,000 $0 $0
2016 $3,432 $233,590 $0 $0
2015 $3,545 $231,966 $0 $0
2014 $3,558 $230,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10311967

BeachesMLS

APN: 50-43-44-23-10-002-2040