NOT LISTED FOR SALE

Sutton Place 2778 S Ocean Blvd Unit 407n Palm Beach, FL 33480

Estimated Value: $1,036,000 - $1,402,000

2 Beds
2 Baths
1,830 Sq Ft
$665/Sq Ft Est. Value

Last Sold September 26, 2016

Last sale price $425,000 $232 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $8,717/month

145 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Heated Pool and Spa
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of September 2016

EXCELLENT WATER VIEWS OF INTRACOASTAL FROM EVERY ROOM.THIS HIGH FLOOR 2/2 UNIT HAS RENOVATED KITCHEN,CROWN MOLDINGS,PARQUET FLOORS & NO POPCORN CEILINGS IN LIVING ROOM.HIGHLY DESIRABLE LUXURY BUILDING WITH FULL AMENITIES & DEEDED BEACH ACCESS.
GARAGE PARKING AND FABULOUS POOL W/ CLUBHOUSE SITUATED ON THE INTRACOASTAL WATERWAY. GREAT SUNSETS!

Last Agent to Sell the Property

STEPHANIE LEFES

Sotheby's International Realty, Inc. License #3086165 Listed on: 05/03/2016

Sotheby's International Realty, Inc.

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $6,457

Year Built

  • Built in 1981

Lot Details

HOA Fees

  • $1,083 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,830 Sq Ft Home
  • Dining Area
  • Storage
  • Utility Room
  • Home Gym
  • Hurricane or Storm Shutters

Kitchen

  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Pool and Spa
  • Outdoor 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

  • Assessor Parcel Number 50434423100014070

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
  • 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

$6,457

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,083 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: SOUTH OCEAN BLVD, NORTH OF THE FOUR SEASONS RESORT.
  • Building Name: Sutton Place
  • Year Built: 1981
  • Location Tax Legal:Name of Building: Sutton Place
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 6456.8
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Living Area: 1830.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1083.19
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 76
  • General Property Description:_pound_ Floors: 5.0
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: 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
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Pool:Heated Elec: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Waterfront-Building:Ocean- Across Street: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Freezer, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Hardwood, W/W Carpeting
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included
  • Living Area: 1830.0
  • Stories: 5
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Spa, Heated Elec
  • Pool Private: Yes
  • 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
  • Pool/Spa: Yes
  • Exterior Features:Clubhouse: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_one_ Car2: 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 #: 50434423100014070
  • Zoning: R-C - Medium Density

Multi Family

  • Number Of Units Total: 76
  • Maintenance Expense: 1083.19

Tax Info

  • Tax Annual Amount: 6456.8
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2016
Closed on
Sep 23, 2016
Sold by
Joasn Liptak Lenare and Joasn Salomn
Bought by
Salomon Alan
Seller's Agent
STEPHANIE LEFES
Sotheby's International Realty, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$1,216,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$791,795
Avg. Annual Appreciation
12.44%
Original Mortgage
$297,500
Outstanding Balance
$242,096
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$940,537

Purchase Details

Closed on
Jan 10, 2014
Sold by
Salomon Harold
Bought by
Salomon Harold

Purchase Details

Closed on
Aug 23, 1995
Sold by
Farrow Jeffrey and Robbins Rose
Bought by
Salomon Harold
Source: Public Records

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Range of Values:

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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
Salomon Alan $425,000 None Available
Salomon Harold -- Attorney
Salomon Harold -- Attorney
Salomon Harold $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salomon Alan $297,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2016 09/26/16 Sold $425,000 0.0% $232 / Sq Ft
09/25/2016 09/25/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $425,000 -- $232 / 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 $10,256 $700,400 -- --
2023 $10,013 $680,000 $0 $680,000
2022 $8,997 $423,500 $0 $0
2021 $6,664 $385,000 $0 $385,000
2020 $6,762 $385,000 $0 $385,000
2019 $6,900 $385,000 $0 $385,000
2018 $6,203 $355,000 $0 $355,000
2017 $6,324 $355,000 $0 $0
2016 $6,203 $355,000 $0 $0
2015 $6,457 $355,000 $0 $0
2014 $5,952 $320,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    STEPHANIE LEFES

    Sotheby's International Realty, Inc.

    (561) 789-2393

    43 Total Sales

    STEPHANIE LEFES
    Section Image

  • N

    Buyer's Agent in 2016

    NON MEMBER

    NON MEMBER FIRM

See All Agents

About Sutton Place

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-1075

APN: 50-43-44-23-10-001-4070

Florida Palm Beach County Palm Beach 33480

2778 S Ocean Blvd Unit 407n, Palm Beach, FL

This home is located at 2778 S Ocean Blvd Unit 407n, Palm Beach, FL 33480 since 03 May 2016 and is currently estimated at $1,216,795, approximately $664 per square foot. This property was built in 1981. 2778 S Ocean Blvd Unit 407n is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Lake Worth Community Middle School, and Forest Hill Community High School.

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