$145,000
SOLD DEC 9, 2016

La Palma 2860 S Ocean Blvd Unit 1030 Palm Beach, FL 33480

1 Bed
1.5 Baths
1,012 Sq Ft
$619/mo HOA Fee

Recently Sold

$143 Per Sq Ft

5% Below List Price

82 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Fitness Center
  • 3-minute walk to Lake Worth Beach Park

About This Home

As of October 2024

Exceptionally spacious one bedroom, ground floor unit in the sought after La Palma building! This is a wonderful unit! Large living room, extra room off the kitchen for a den or dining area, large bedroom and nice terrace! Perfect for the owner occupant or snowbird! La Palma offers many amenities including a concierge, exercise room, pool, community room and even an onsite manager! Minutes from downtown Palm Beach, Lake Worth and West Palm Beach! This is the place to call home!

Last Agent to Sell the Property

Amanda Glass

Sandals Realty Group, Inc. License #3088920 Listed on: 08/18/2016

Last Buyer's Agent

Maria Orozco

Engel & Volkers Wellington License #68970

Engel & Volkers Wellington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,247

Year Built

  • Built in 1971

Lot Details

  • Fenced
  • Sprinkler System

HOA Fees

  • $619 Monthly HOA Fees

Property Views

  • Garden

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1,012 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Home Security

Parking

  • Covered Parking
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 50434423030001030

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, laundry, ground maintenance, maintenance structure, pool(s), roof, sewer, water
  • 91 Units
  • High-Rise Condominium
  • La Palma Condo Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Park
  • Trails

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,247

Year Built

Built in 1971

Lot Details

0

HOA Fees

$619 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Just north of the Lake Worth bridge on S Ocean Blvd. West side of the road, La Palma entrance.
  • Year Built: 1971
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Eat-in Kitchen, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Living Area: 1012.0
  • Dining Room Type: Family Room, Storage Room
  • Stories: 6

Exterior Features

  • Exterior Features: Balcony, Fence
  • View: Garden, Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Other, Tar/Gravel

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest

Utilities

  • Laundry Features: Common Area
  • Security: Door Man, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 619.0
  • Community Features: Park, Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Laundry, Management, Pool, Trail(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Pool(s), Roof, Sewer, Water

Lot Info

  • Parcel #: 50434423030001030
  • Zoning Description: R-D(2)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2247.0

Multi Family

  • Number Of Units In Community: 91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Oct 4, 2024
Sold by
Bakita Alexander T
Bought by
Eames Polly Kimball
Seller's Agent
Diana Rudman
Illustrated Properties LLC (Jupiter)
Buyer's Agent
Joan Wenzel
Douglas Elliman
List Price
$645,000
Sold Price
$583,135
Premium/Discount to List
-$61,865
-9.59%
Views
11
Current Estimated Value
$579,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,586
Avg. Annual Appreciation
4.79%

Purchase Details

Listed on
Mar 25, 2022
Closed on
Aug 8, 2022
Sold by
Gaudinier Candice A and Gaudinier Victoria L
Bought by
Bakita Alexander Thomas
Seller's Agent
Elizabeth Hoadley
Purely Palm Beach Real Estate
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$310,000
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.91%
Original Mortgage
$217,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2019
Closed on
Jul 8, 2019
Sold by
Barrios Pablo and Barrios Joaquina
Bought by
Gaudinier Candice A and Courtney Victoria L
Seller's Agent
Maria Dominguez
Keller Williams Realty - Welli
Buyer's Agent
Linda D.
Illustrated Properties
List Price
$234,900
Sold Price
$177,500
Premium/Discount to List
-$57,400
-24.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.43%
Original Mortgage
$133,125
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2016
Closed on
Dec 9, 2016
Sold by
Federal National Mortgage Association
Bought by
Barrios Pablo and Barrios Joaquina
Seller's Agent
Amanda Glass
Sandals Realty Group, Inc.
Buyer's Agent
Maria Orozco
Engel & Volkers Wellington
List Price
$153,000
Sold Price
$145,000
Premium/Discount to List
-$8,000
-5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%

Purchase Details

Closed on
Jun 14, 2016
Sold by
Nationstar Moertgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 1, 2016
Bought by
Barrios Pablo

Purchase Details

Closed on
Apr 16, 1997
Sold by
Mondor Bernard G and Mondor Madeleine
Bought by
Anderer Edward J and Anderer Elizabeth O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,165
Interest Rate
7.86%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 12, 1995
Sold by
Sarnoff C Spencer
Bought by
Mondor Bernard G and Mondor Madeleine
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $583,132 First International Title
Warranty Deed $310,000 Nu World Title & Settlement
Warranty Deed $177,500 Nu World Ttl & Setmnt Svcs L
Special Warranty Deed $145,000 First International Title
Special Warranty Deed -- None Available
Deed $125,300 --
Warranty Deed $64,900 --
Warranty Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $217,000 New Conventional
Previous Owner $133,125 New Conventional
Previous Owner $312,750 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $50,908 Unknown
Previous Owner $70,000 Unknown
Previous Owner $20,000 Unknown
Previous Owner $55,165 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $583,135 -9.6% $576 / Sq Ft
09/11/2024 09/11/24 For Sale $645,000 +108.1% $637 / Sq Ft
08/26/2022 08/26/22 Sold $310,000 0.0% $306 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $310,000 +74.6% $306 / Sq Ft
07/08/2019 07/08/19 Sold $177,500 -24.4% $175 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $234,900 +62.0% $232 / Sq Ft
12/09/2016 12/09/16 Sold $145,000 -5.2% $143 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $153,000 -- $151 / 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 $4,054 $286,000 -- --
2023 $4,260 $260,000 $0 $260,000
2022 $2,251 $161,885 $0 $0
2021 $2,288 $157,170 $0 $0
2020 $2,280 $155,000 $0 $155,000
2019 $2,818 $145,000 $0 $145,000
2018 $2,741 $145,000 $0 $145,000
2017 $2,787 $145,000 $0 $0
2016 $2,247 $125,000 $0 $0
2015 $2,247 $120,000 $0 $0
2014 $742 $74,763 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Diana Rudman

    Illustrated Properties LLC (Jupiter)

    (646) 413-4647

    14 Total Sales

    Section Image
  • Joan Wenzel

    Buyer's Agent in 2024

    Joan Wenzel

    Douglas Elliman

    (561) 371-5743

    74 Total Sales

    Section Image
  • Elizabeth Hoadley

    Seller's Agent in 2022

    Elizabeth Hoadley

    Purely Palm Beach Real Estate

    (561) 635-8149

    54 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

    NON MEMBER FIRM

  • Maria Dominguez

    Seller's Agent in 2019

    Maria Dominguez

    Keller Williams Realty - Welli

    (954) 224-5812

    81 Total Sales

    Section Image

  • L

    Buyer's Agent in 2019

    Linda D.

    Illustrated Properties

    (561) 707-1173

    16 Total Sales

    Section Image
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About La Palma

Map

Source: BeachesMLS

MLS Number: R10260199

BeachesMLS

APN: 50-43-44-23-03-000-1030

Florida Palm Beach County Palm Beach 33480

2860 S Ocean Blvd Unit 1030, Palm Beach, FL

This home is located at 2860 S Ocean Blvd Unit 1030, Palm Beach, FL 33480 and is currently priced at $145,000, approximately $143 per square foot. This property was built in 1971. 2860 S Ocean Blvd Unit 1030 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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