NOT LISTED FOR SALE

The Dorchester of Palm Beach 3250 S Ocean Blvd Unit 504N Palm Beach, FL 33480

Estimated Value: $1,026,000 - $1,256,000

2 Beds
2 Baths
1,629 Sq Ft
$685/Sq Ft Est. Value

Last Sold October 22, 2014

Last sale price $500,000 $307 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $7,815/month

619 Days on Market

Highlights

  • Doorman
  • Direct Ocean View
  • Waterfront
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Balcony

About This Home

As of October 2014

Bring your pet to this beautifully renovated oceanfront unit with new kitchen, exquisite bathrooms, tile floors in the main living area and expansive balcony. The Dorchester offers 24 hr doorman, FT manager, heated pool, jacuzzi, fitness room, social room,saunas, tennis, and garage parking . Move right in and enjoy the season!

Last Agent to Sell the Property

DONALD GORBACH

LANG REALTY Listed on: 12/27/2012

Co-Listed By

ROBIN TURNER

LANG REALTY License #SL-3262266

Last Buyer's Agent

DONALD GORBACH

REBACK REALTY INC

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $6,993

Year Built

  • Built in 1979

HOA Fees

  • $1,000 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,629 Sq Ft Home
  • Dining Area
  • Tile Flooring
  • Hurricane or Storm Shutters

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 50434426030015040

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 100 Units
  • Dorchester Community
  • On-Site Maintenance
  • 5-Story Property

Amenities

  • Doorman
  • Common Area

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$6,993

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Ocean A1A to Dorcherter
  • Building Name: Dorchester
  • Year Built: 1979
  • Location Tax Legal:Name of Building: Dorchester
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 6992.87
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Living Area: 1629.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 3000.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 100
  • General Property Description:_pound_ Floors: 5.0
  • Waterfront-Building:Ocean - Direct: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: 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
  • Pets:Pets Allowed: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Pool:Heated Elec: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Tile, Other Flooring
  • Interior Amenities: Cable
  • Living Area: 1629.0
  • Stories: 5
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony, Storm Shutters
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storm Shutters: 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

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 #: 50434426030015040
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 100
  • Maintenance Expense: 3000.0

Tax Info

  • Tax Annual Amount: 6992.87
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2012
Closed on
Oct 21, 2014
Sold by
Lefnaer Bjorn Gunnar
Bought by
Davis Nathan T
Seller's Agent
DONALD GORBACH
LANG REALTY
Buyer's Agent
DONALD GORBACH
REBACK REALTY INC
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$1,116,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$616,422
Avg. Annual Appreciation
7.60%
Original Mortgage
$400,000
Outstanding Balance
$301,614
Interest Rate
3.66%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$814,808

Purchase Details

Closed on
Jul 16, 2008
Sold by
Kahn Corinne B
Bought by
Lefnaer Bjorn Gunnar

Purchase Details

Closed on
May 18, 2007
Sold by
Goldstein David M
Bought by
Kahn David M

Purchase Details

Closed on
Jul 14, 2005
Sold by
Goldstein David M and Goldstein Lee D
Bought by
Goldstein David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 7, 2004
Sold by
Parven Alvin S and Parven Sandra J
Bought by
Goldstein David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 1995
Sold by
Kathleen John R and Kathleen Danes
Bought by
Parven Alvin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
7.57%
Mortgage Type
New Conventional
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
Davis Nathan T $500,000 Tropical Land Title Inc
Lefnaer Bjorn Gunnar $450,000 Attorney
Kahn David M $675,000 Attorney
Goldstein David M $128,700 --
Goldstein David M $390,000 --
Parven Alvin S $228,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Nathan T $400,000
Previous Owner Goldstein David M $440,000
Previous Owner Goldstein David M $250,000
Previous Owner Parven Alvin S $174,000
Previous Owner Parven Alvin S $182,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2014 10/22/14 Sold $500,000 0.0% $307 / Sq Ft
09/07/2014 09/07/14 Pending -- -- --
12/27/2012 12/27/12 For Sale $500,000 -- $307 / 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 $10,675 $646,866 -- --
2023 $10,761 $588,060 $0 $0
2022 $9,104 $534,600 $0 $0
2021 $8,313 $486,000 $0 $486,000
2020 $8,438 $486,000 $0 $486,000
2019 $8,611 $486,000 $0 $486,000
2018 $8,348 $486,000 $0 $486,000
2017 $8,235 $486,000 $0 $0
2016 $7,252 $416,000 $0 $0
2015 $7,550 $416,000 $0 $0
2014 $7,623 $413,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    DONALD GORBACH

    LANG REALTY

  • R

    Seller Co-Listing Agent in 2014

    ROBIN TURNER

    LANG REALTY

See All Agents

About The Dorchester of Palm Beach

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-2863

APN: 50-43-44-26-03-001-5040

Florida Palm Beach County Palm Beach 33480

3250 S Ocean Blvd Unit 504N, Palm Beach, FL

This home is located at 3250 S Ocean Blvd Unit 504N, Palm Beach, FL 33480 since 27 December 2012 and is currently estimated at $1,116,422, approximately $685 per square foot. This property was built in 1979. 3250 S Ocean Blvd Unit 504N is a home located in Palm Beach County with nearby schools including Lake Worth High School, Palm Beach Public School, and Lake Worth Community Middle School.

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