$2,150,000
SOLD AUG 26, 2014

328 Chilean Ave Palm Beach, FL 33480

4 Beds
3 Baths
2,184 Sq Ft
$200/mo HOA Fee

Recently Sold

$984 Per Sq Ft

654 Days on Market

Highlights

  • Cabana
  • Marble Flooring
  • Hurricane or Storm Shutters
  • Palm Beach Public School Rated A-
  • Fireplace
  • Eat-In Kitchen

About This Home

As of May 2025

Steps from Worth Avenue, a brilliant new renovation with stunning details. Barrel-ceilinged living room features hardwood floors, elegant fireplace and lush garden views. Chef’s kitchen with gas range. Light-filled courtyard terrace with spa and fountain. Four bedrooms and 3½ baths include comfortable guest house with fireplace. A wonderful townhome in the heart of Palm Beach.

Last Agent to Sell the Property

Mary Boykin

Sotheby's International Realty, Inc. License #561998 Listed on: 10/19/2012

Sotheby's International Realty, Inc.

Co-Listed By

Crissy Poorman

Sotheby's International Realty, Inc. License #SL-3221956

Last Buyer's Agent

John Dewing, Jr.

Sotheby's International Realty, Inc. License #3222308

Sotheby's International Realty, Inc.

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $29,425

Year Built

  • Built in 1924

Lot Details

  • Home has sun exposure from multiple directions
  • Sprinkler System

HOA Fees

  • $200 Monthly HOA Fees

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Dining Room
  • Storage
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • Pool and Spa
  • Outdoor Pool

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434327800003280

Community Details

Overview

  • 2 Units
  • Chilean Condominium Community

Security

  • Security Guard

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$29,425

Year Built

Built in 1924

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Chilean Condominium
  • Year Built: 1924
  • Location Tax Legal:Name of Building: Chilean Condominium
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 29425.0
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Living Area: 2184.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 200.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 2
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:South2: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Exposure of Unit:West2: Yes
  • Security:Security Guards: Yes
  • Floors:StoneBrick: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Microwave, Washer, Dryer, Range - Gas
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble, Stone/Brick
  • Interior Amenities: Cable, Fireplace, Storage
  • Living Area: 2184.0
  • Stories: 2
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Pool Features: Spa
  • Pool Private: Yes
  • Exterior Features: Cabana, Storm Shutters, Sprinkler System
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Storm Shutters: Yes
  • Pool/Spa: Yes
  • Exterior Features:Cabana: Yes

Garage/Parking

  • Parking:Other2: Yes

Utilities

  • Laundry Features: Other (See Remarks)
  • Security: Security Guards
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Lot Info

  • Parcel #: 50434327800003280
  • Zoning: R-C - Medium Density

Multi Family

  • Number Of Units Total: 2
  • Maintenance Expense: 200.0

Tax Info

  • Tax Annual Amount: 29425.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
May 16, 2025
Sold by
Benson Douglas R and Dassenko Paul E
Bought by
Cathy B Graham Revocable Trust and Graham
Seller's Agent
Ashley Copeland
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
John Cregan
Sotheby's International Realty, Inc.
List Price
$5,495,000
Sold Price
$5,006,300
Premium/Discount to List
-$488,700
-8.89%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.38%

Purchase Details

Listed on
Jan 10, 2022
Closed on
Feb 28, 2022
Sold by
Martin Sprock Iii Howard
Bought by
Benson Douglas R and Dassenko Paul E
Seller's Agent
Adam McPherson
Douglas Elliman
Buyer's Agent
Ashley Copeland
Brown Harris Stevens of Palm Beach 5225
List Price
$4,195,000
Sold Price
$4,195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%

Purchase Details

Listed on
Feb 23, 2021
Closed on
Feb 26, 2021
Sold by
Pirrie James Mcnab and Carey Marianne
Bought by
Sprock Howard Martin
Seller's Agent
Adam McPherson
Douglas Elliman
Buyer's Agent
Adam McPherson
Douglas Elliman
List Price
$3,000,000
Sold Price
$3,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.37%

Purchase Details

Listed on
Jan 21, 2014
Closed on
Aug 22, 2014
Sold by
Davis Terrie A
Bought by
Pirrie James Mcnab
Seller's Agent
Crissy Poorman
Sotheby's Intl. Realty, Inc.
Buyer's Agent
John Dewing, Jr.
Sotheby's Intl. Realty, Inc.
List Price
$2,200,000
Sold Price
$2,150,000
Premium/Discount to List
-$50,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%

Purchase Details

Closed on
May 22, 2009
Sold by
Drennen Daniel Edward
Bought by
Davis Terrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2006
Sold by
326-328 Chilean Ave Llc
Bought by
Drennen Daniel Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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 $5,006,300 Equity Land Title
Warranty Deed $5,006,300 Equity Land Title
Warranty Deed $4,195,000 Gunster Yoakley & Stewart Pa
Warranty Deed $3,000,000 Attorney
Warranty Deed $2,075,000 Attorney
Warranty Deed $2,000,000 Attorney
Warranty Deed $1,500,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Purchase Money Mortgage
Previous Owner $400,000 Credit Line Revolving
Previous Owner $1,425,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $5,006,300 -8.9% $2,292 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $5,495,000 +31.0% $2,516 / Sq Ft
02/28/2022 02/28/22 Sold $4,195,000 -7.0% $1,921 / Sq Ft
02/28/2022 02/28/22 Sold $4,510,000 +7.5% $1,730 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/21/2022 01/21/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $4,195,000 -6.6% $1,921 / Sq Ft
08/18/2021 08/18/21 For Sale $4,490,000 +49.7% $1,722 / Sq Ft
02/26/2021 02/26/21 Sold $3,000,000 0.0% $1,168 / Sq Ft
02/26/2021 02/26/21 Sold $3,000,000 0.0% $1,168 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $3,000,000 -6.3% $1,168 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
10/05/2020 10/05/20 For Sale $3,200,000 +48.8% $1,246 / Sq Ft
08/26/2014 08/26/14 Sold $2,150,000 0.0% $984 / Sq Ft
08/26/2014 08/26/14 Sold $2,150,000 -2.3% $837 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
07/27/2014 07/27/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $2,200,000 +2.3% $857 / Sq Ft
10/19/2012 10/19/12 For Sale $2,150,000 -- $984 / 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 $53,568 $3,605,000 -- --
2023 $52,457 $3,500,000 $0 $3,500,000
2022 $44,009 $2,808,000 $0 $0
2021 $37,608 $2,400,000 $0 $2,400,000
2020 $33,519 $2,000,000 $0 $2,000,000
2019 $32,538 $1,900,000 $0 $1,900,000
2018 $31,502 $1,900,000 $0 $1,900,000
2017 $30,677 $1,810,000 $0 $0
2016 $29,767 $1,725,000 $0 $0
2015 $31,000 $1,725,000 $0 $0
2014 $29,587 $1,625,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-2307

APN: 50-43-43-27-80-000-3280