$4,100,000
SOLD AUG 13, 2020

336 Australian Ave Unit W Palm Beach, FL 33480

2 Beds
3 Baths
2,744 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$1,494 Per Sq Ft

158 Days on Market

Highlights

  • Outdoor Pool
  • Contemporary Architecture
  • Lanai
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Fireplace

About This Home

As of August 2020

Reimagined and designed by Nancy Corzine, this townhome renovation is well documented in her book, Nancy Corzine: Glamour at Home. The contemporary interior reflects her classic Hollywood style incorporating her furnishings and textiles in her interior design. The original 3 BR floorplan, now a 2 BR, has been opened to enlarge the entertaining space with walls of glass opening onto the pool offering seamless indoor/outdoor living. The entire 2nd floor is a glamorous large bedroom with sitting area, dual bathrooms and generous closets. Beautiful interior finishes and details throughout, this one of a kind is a private oasis in the center of town, close to fine restaurants, Worth Ave and shopping, the beaches and town docks.

Last Agent to Sell the Property

Mary Newton

Douglas Elliman License #BK-3024255 Listed on: 01/17/2020

Douglas Elliman

Last Buyer's Agent

Chris Leavitt

Douglas Elliman License #SL-3232586

Douglas Elliman

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $27,377

Year Built

  • Built in 1985

Lot Details

  • 6,098 Sq Ft Lot
  • Home has North and South Exposure

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,744 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Sound System
  • Fireplace
  • Single Hung Windows
  • Dining Area
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms
  • Bidet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434323050060070

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Pet Policy

  • Pets Allowed

Security

  • Hurricane or Storm Shutters
  • Partial Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$27,377

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Townhouse/Villa
  • Lot Size Acres: 0.14
  • Lot Size: 60
  • Directions: Middle bridge east to Cocoanut Row turn right. 2nd left onto Australian Ave
  • Architectural Style: Contemporary, Mediterranean, Two Story
  • Building Name: N/A
  • Year Built: 1985
  • Location Tax Legal:Name of Building: N/A
  • Location Tax Legal:Zoned: RC
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 27377.0
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Living Area: 2744.0
  • General Property Description:Pool: Yes
  • General Property Description:_pound_ Units in Complex: 2
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: 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:Security System: Yes
  • General Property Description:Lot Dim (1): 60
  • General Property Description:Waterfrt: No
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 6098
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Single Hung: Yes
  • Windows:Impact Glass-Partial: Yes
  • Pool:Heated - Electric: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • Style:Mediterranean: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Microwave, Washer, Dryer, Central Vac System, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood, Marble
  • Interior Amenities: Bidet, Cable, Fireplace, Sound System
  • Living Area: 2744.0
  • Stories: 2
  • Window Features: Single Hung, Impact Glass-Partial, Other
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Bidet: Yes
  • Appliances:Central Vac System: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Heated - Electric
  • Pool Private: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Storm Shutters
  • Roof: Barrel
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking:Garage2: Yes
  • Parking:_two_ Car2: Yes
  • Parking:Attached2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security System
  • Heating: Central Air, Central Heat, Multi Zone Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: No Services
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 6098.0
  • Parcel #: 50434323050060070
  • Zoning: RC
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 27377.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Aug 13, 2020
Sold by
Locks Mark
Bought by
Loeb Sharon Handler
Seller's Agent
Mary Newton
Douglas Elliman
Buyer's Agent
Chris Leavitt
Douglas Elliman
List Price
$4,100,000
Sold Price
$4,100,000
Current Estimated Value
$8,303,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,203,662
Avg. Annual Appreciation
15.50%
Original Mortgage
$2,000,000
Outstanding Balance
$1,471,045
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$6,776,170

Purchase Details

Closed on
Nov 29, 2006
Sold by
Kassar Raymond E
Bought by
Locks Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $390,000 Quaker Title And Escrow
Warranty Deed $2,066,730 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $800,000 New Conventional
Previous Owner $450,000 Credit Line Revolving
Previous Owner $815,000 New Conventional
Previous Owner $700,000 Credit Line Revolving
Previous Owner $1,500,000 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $625,000 Credit Line Revolving
Previous Owner $525,000 Credit Line Revolving
Previous Owner $300,000 Credit Line Revolving
Previous Owner $689,000 Unknown
Previous Owner $1,100,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Rented $33,500 +34.0% --
08/29/2021 08/29/21 Under Contract -- -- --
04/09/2021 04/09/21 For Rent $25,000 -28.6% --
01/15/2021 01/15/21 For Rent $35,000 0.0% --
01/15/2021 01/15/21 Rented $35,000 0.0% --
08/13/2020 08/13/20 Sold $4,100,000 0.0% $1,494 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $4,100,000 -- $1,494 / 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 $73,656 $4,311,975 -- --
2023 $65,461 $3,919,977 $0 $0
2022 $59,913 $3,563,615 $0 $0
2021 $53,413 $3,239,650 $2,062,500 $1,177,150
2020 $27,542 $1,658,356 $0 $0
2019 $27,483 $1,621,071 $0 $0
2018 $26,123 $1,590,845 $0 $0
2017 $26,121 $1,558,124 $0 $0
2016 $25,662 $1,526,076 $0 $0
2015 $26,539 $1,515,468 $0 $0
2014 $26,664 $1,503,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-150

APN: 50-43-43-23-05-006-0070