$350,000
SOLD MAR 4, 2016

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

2 Beds
2 Baths
1,830 Sq Ft
$1,042/mo HOA Fee

Recently Sold

$191 Per Sq Ft

180 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Pool and Spa
  • Property is near a clubhouse

About This Home

As of April 2023

ESTATE SALE IN BEST LUXURY FULL AMENITY INTRACOASTAL BUILDING WITH DEEDED BEACH ACCESS ON THE PALM BEACH STRIP.HIGH FLOOR,SPLIT PLAN LOCATED ONE UNIT OFF INTRACOASTAL.LAUNDRY IN UNIT.FABULOUS POOL DECK WITH CLUBHOUSE ON INTRACOASTAL; GYM,24 HOUR CONCIERGE,ON SITE MANAGER.
NEEDS UPDATING BUT WILL YIELD GREAT UPSIDE VALUE.WALKING DISTANCE TO FOUR SEASONS RESORT,CASINO,NEW RESTAURANT AND GOLF COURSE.

Last Agent to Sell the Property

STEPHANIE LEFES

Sotheby's International Realty, Inc. License #3086165 Listed on: 08/13/2015

Sotheby's International Realty, Inc.

Last Buyer's Agent

STEPHANIE LEFES

Lowell Int'l Realty Group. Inc

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $2,749

Year Built

  • Built in 1981

Lot Details

  • Northwest Facing Home

HOA Fees

  • $1,042 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

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

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Pool and Spa
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Bulkhead

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 50434423100024070

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

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$2,749

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: AIA NORTH OF THE FOUR SEASONS RESORT AND SPA.
  • 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: Yes
  • Location Tax Legal:Taxes2: 2748.66
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Living Area: 1830.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 3125.7
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 76
  • General Property Description:_pound_ Floors: 5.0
  • Waterfront-Unit:Living Room View: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: 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:North2: Yes
  • Exposure of Unit:West2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Building:Ocean- Across Street: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1830.0
  • Stories: 5
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Spa
  • Pool Private: Yes
  • Exterior Features: Balcony, Seawall/Bulkhead, 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
  • Exterior Features:SeawallBulkhead2: 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
  • 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 #: 50434423100024070
  • Zoning: R-C - Medium Density

Multi Family

  • Number Of Units Total: 76
  • Maintenance Expense: 3125.7

Tax Info

  • Tax Annual Amount: 2748.66
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Apr 3, 2023
Sold by
Sisti Andrew and Sisti Gina
Bought by
Diana L Paxton Revocable Living Trust
Seller's Agent
Gina Sisti
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
STEPHANIE LEFES
Sotheby's International Realty, Inc.
List Price
$1,300,000
Sold Price
$1,300,000
Views
22
Current Estimated Value
$1,478,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,937
Avg. Annual Appreciation
5.74%

Purchase Details

Listed on
May 3, 2021
Closed on
Dec 3, 2021
Sold by
Cheng Yau Ching and Quinn William J
Bought by
Sisti Andrew and Sisti Gina
Seller's Agent
STEPHANIE LEFES
Sotheby's Intl. Realty, Inc.
Buyer's Agent
STEPHANIE LEFES
Sotheby's Intl. Realty, Inc.
List Price
$975,000
Sold Price
$963,000
Premium/Discount to List
-$12,000
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.52%
Original Mortgage
$548,250
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2015
Closed on
Mar 4, 2016
Sold by
Silken David R
Bought by
Cheng Yau Ching
Seller's Agent
STEPHANIE LEFES
Sotheby's International Realty, Inc.
Buyer's Agent
STEPHANIE LEFES
Lowell Int'l Realty Group. Inc
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.21%

Purchase Details

Closed on
May 28, 2013
Sold by
Silken Stanley S and Silken Sylvia B
Bought by
Silken Stanley S
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 Type Sale Price Title Company
Warranty Deed $1,300,000 None Listed On Document
Warranty Deed $1,300,000 None Listed On Document
Warranty Deed $963,000 Premier Title Company Ltd
Warranty Deed $350,000 Secure Land Title & Escrow S
Interfamily Deed Transfer -- Secure Land Title & Escrow S
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $548,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $1,300,000 0.0% $710 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
11/08/2022 11/08/22 For Sale $1,300,000 +35.0% $710 / Sq Ft
12/07/2021 12/07/21 Sold $963,000 -1.2% $526 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $975,000 +178.6% $533 / Sq Ft
03/04/2016 03/04/16 Sold $350,000 0.0% $191 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
08/13/2015 08/13/15 For Sale $350,000 -- $191 / 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 $6,904 $480,000 -- --
2023 $9,851 $630,000 $0 $630,000
2022 $9,568 $631,800 $0 $0
2021 $5,772 $330,000 $0 $330,000
2020 $5,855 $330,000 $0 $330,000
2019 $5,867 $330,000 $0 $330,000
2018 $5,144 $290,000 $0 $290,000
2017 $5,491 $305,000 $0 $0
2016 $5,343 $305,000 $0 $0
2015 $2,740 $192,026 $0 $0
2014 $2,749 $190,502 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-1702

APN: 50-43-44-23-10-002-4070