$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
4.02 Acres

Recently Sold

$150 Per Sq Ft

29 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Property fronts an intracoastal waterway
  • Outdoor Pool

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

DOMINIQUE MAUGER

Coldwell Banker Realty License #SL-3322519 Listed on: 04/20/2017

Last Buyer's Agent

STEPHANIE LEFES

Lowell Int'l Realty Group. Inc

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $3,432

Year Built

  • Built in 1981

Lot Details

  • Southeast Facing Home

Interior Spaces

  • Wet Bar
  • Dining Area
  • Library
  • Utility Room
  • Laundry in unit
  • Home Gym
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • Garage
  • Open Parking

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Property is near a clubhouse

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434423100022040

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer
  • 76 Units
  • Sutton Place Community
  • On-Site Maintenance
  • 5-Story Property

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

$3,432

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: South Ocean Blvd, North of Lake Ave and Four Seasons Resort
  • 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: Yes
  • Location Tax Legal:Taxes2: 3431.51
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Pool: No
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1335.92
  • General Property Description:_pound_ Units in Complex: 76
  • General Property Description:_pound_ Floors: 5.0
  • Exposure of Unit:East2: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: 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
  • Floors:WW Carpeting: Yes
  • Pets:Pets Allowed: No
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Pool:Heated Elec: Yes
  • Floors:Vinyl Tile: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Oven-Single, Microwave
  • Total Bedrooms: 3
  • Flooring: Tile, Vinyl Tile, W/W Carpeting
  • Interior Amenities: Wet Bar
  • Stories: 5
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Pool Features: Pool, Heated Elec
  • Pool Private: No
  • Exterior Features: Balcony, Storm Shutters, Ocean Access- Deeded, Clubhouse, 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
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Clubhouse: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:Open Parking: 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

Lot Info

  • Parcel #: 50434423100022040
  • Zoning: RD-1

Rental Info

  • Pets Other: No Pets

Multi Family

  • Number Of Units Total: 76
  • Maintenance Expense: 1335.92

Tax Info

  • Tax Annual Amount: 3431.51
  • Tax Year: 2016

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
$1,274,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$714,980
Avg. Annual Appreciation
12.02%
Original Mortgage
$420,000
Outstanding Balance
$364,043
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$910,937

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%
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 $420,000 New Conventional
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: 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 $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: Palm Beach Board of REALTORS®

MLS Number: 17-1045

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