NOT LISTED FOR SALE

Sutton Place 2778 S Ocean Blvd Unit N207 Palm Beach, FL 33480

Estimated Value: $765,000 - $1,106,000

2 Beds
2 Baths
1,830 Sq Ft
$1,347/mo HOA Fee

Last Sold May 12, 2022

Last sale price $675,000 $369 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,675/month

49 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Roman Tub
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Wood Flooring

About This Home

As of May 2022

Spacious 2/2 condo in the desirable Sutton Place Condo Building. Split bedroom plan offers stunning views of the Intracoastal. Spacious master bedroom suite has ample closet space and large bathroom with separate bath and shower with two sinks. Great closet space throughout with a large walk-in laundry/utility room. Sutton Place is one of the best luxury buildings on the Intracoastal with updated lobbies and great amenities. This gorgeous condo won't last long!

Last Agent to Sell the Property

Jane Letsche

NV Realty Group, LLC License #3337584 Listed on: 02/21/2022

NV Realty Group, LLC

Last Buyer's Agent

Tegan Crawford

The Keyes Company (PBG) License #3516516

The Keyes Company (PBG)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,018

Year Built

  • Built in 1981

Lot Details

HOA Fees

  • $1,347 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,830 Sq Ft Home
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Bar
  • Blinds
  • Entrance Foyer
  • Family Room
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434423100012070

Community Details

Overview

  • Association fees include management, insurance, maintenance structure, parking, pest control, pool(s), roof, security, trash
  • 76 Units
  • Sutton Place Subdivision
  • 5-Story Property

Recreation

  • Community Pool

Additional Features

  • Doorman
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,018

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,347 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: S. Ocean Blvd. to 2778, just north of Lake Worth bridge. Please park in the visitors parking spot located on the right side of the parking lot.
  • Year Built: 1981
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Dual Sinks, Entrance Foyer, Garden Tub/Roman Tub, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dishwasher, Electric Range, Microwave, Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 1830.0
  • Dining Room Type: Family Room
  • Stories: 5
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Door Man, Key Card Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1347.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Insurance, Maintenance Structure, Parking, Pest Control, Pool(s), Roof, Security, Trash

Lot Info

  • Parcel #: 50434423100012070
  • Zoning Description: R-D(2)

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6018.0

Multi Family

  • Number Of Units In Community: 76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
Apr 12, 2022
Sold by
Priego Victor and Priego Martha
Bought by
Hassell Jacqueline
Seller's Agent
Jane Letsche
NV Realty Group, LLC
Buyer's Agent
Tegan Crawford
The Keyes Company (PBG)
List Price
$700,000
Sold Price
$675,000
Premium/Discount to List
-$25,000
-3.57%
Current Estimated Value
$1,004,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,181
Avg. Annual Appreciation
12.43%
Original Mortgage
$506,250
Outstanding Balance
$473,480
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$530,701

Purchase Details

Closed on
Mar 30, 2005
Sold by
Brennan Edward and Brennan Edward F
Bought by
Priego Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 26, 1996
Sold by
Herman Ann K
Bought by
Kirby Rory F
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 Buyer Sale Price Title Company
Hassell Jacqueline $675,000 Assured Title Agency
Hassell Jacqueline $675,000 Assured Title Agency
Priego Victor $415,000 Royal Palm Title & Abstract
Kirby Rory F $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hassell Jacqueline $506,250
Closed Hassell Jacqueline $506,250
Previous Owner Priego Victor $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $675,000 -3.6% $369 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $700,000 -- $383 / 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 $12,065 $726,000 -- --
2023 $10,011 $660,000 $0 $660,000
2022 $8,357 $401,500 $0 $0
2021 $6,018 $365,000 $0 $365,000
2020 $6,432 $365,000 $0 $365,000
2019 $6,563 $365,000 $0 $365,000
2018 $5,877 $335,000 $0 $335,000
2017 $5,991 $335,000 $0 $0
2016 $5,859 $335,000 $0 $0
2015 $6,099 $335,000 $0 $0
2014 $5,635 $305,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10778286

BeachesMLS

APN: 50-43-44-23-10-001-2070