NOT LISTED FOR SALE

340 Brazilian Ave Unit 203c Palm Beach, FL 33480

Estimated Value: $3,244,000 - $3,638,000

2 Beds
2 Baths
1,955 Sq Ft
$1,776/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $1,475,000 $754 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $22,318/month

About This Home

As of July 2019

Casa Encantada, a private small 7 unit building with a swimming pool. Beautifully furnished 2BR/2 BA seasonal or annual rental on 2nd floor. Delightful space that lives like a private home. This units includes 2 large parking spaces in the garage below and garage storage. Perfect location to the ocean, all the area restaurants, Worth Ave. and Society of the Four Arts.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2022
Sold by
Stephanie C Ingram Trust
Bought by
Smith Martha Bliss Geisel
Current Estimated Value
$3,472,776

Purchase Details

Closed on
Jun 23, 2021
Sold by
Dessauer George and Slavin Lorraine
Bought by
Ingram Stephanie Currey and Stephanie Currey Ingram Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2018
Closed on
Jul 25, 2019
Sold by
Lane Vivian Hernandez and Groholski Carmen M
Bought by
Slavin Lorraine and Dessauer George
Seller's Agent
Cris Condon
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Anne Carmichael
Brown Harris Stevens of PB
List Price
$1,995,000
Sold Price
$1,475,000
Premium/Discount to List
-$520,000
-26.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.73%
Original Mortgage
$1,180,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 12, 2013
Sold by
Hernandez Oscar R
Bought by
Hernandez Oscar R and Oscar R Hernandez Revocable Trust

Purchase Details

Closed on
Jan 15, 2003
Sold by
Baker Jon and Baker Patricia
Bought by
Hernandez Oscar R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.01%

Purchase Details

Closed on
Jul 21, 2000
Sold by
Kelley Russell P
Bought by
Baker Jon and Baker Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 1994
Sold by
Kelley Russell P
Bought by
Russell P Kelley Jr Tr
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 Buyer Sale Price Title Company
Smith Martha Bliss Geisel $2,775,000 Lighthouse Title Services
Ingram Stephanie Currey $2,500,000 First American Title Ins Co
Slavin Lorraine $1,475,000 Attorney
Hernandez Oscar R -- Attorney
Hernandez Oscar R $835,000 --
Baker Jon $650,000 --
Russell P Kelley Jr Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ingram Stephanie Currey $1,500,000
Previous Owner Slavin Lorraine $1,180,000
Previous Owner Hernandez Oscar R $600,000
Previous Owner Baker Jon $585,000
Previous Owner Baker Jon $585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2020 07/14/20 Rented $7,250 -51.7% --
06/14/2020 06/14/20 Under Contract -- -- --
03/27/2020 03/27/20 For Rent $15,000 0.0% --
11/20/2019 11/20/19 Rented $15,000 0.0% --
10/21/2019 10/21/19 Under Contract -- -- --
08/01/2019 08/01/19 For Rent $15,000 0.0% --
07/31/2019 07/31/19 Sold $1,475,000 -26.1% $754 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
01/31/2018 01/31/18 For Sale $1,995,000 0.0% $1,020 / Sq Ft
11/01/2012 11/01/12 Rented $60,000 0.0% --
10/02/2012 10/02/12 Under Contract -- -- --
11/16/2011 11/16/11 For Rent $60,000 -- --

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 $35,675 $2,367,000 -- --
2023 $35,973 $2,367,000 $0 $2,367,000
2022 $33,487 $2,133,000 $0 $0
2021 $26,022 $1,575,000 $0 $1,575,000
2020 $24,790 $1,475,000 $0 $1,475,000
2019 $25,310 $1,475,000 $0 $1,475,000
2018 $27,765 $1,675,000 $0 $1,675,000
2017 $14,324 $872,699 $0 $0
2016 $14,107 $854,749 $0 $0
2015 $14,586 $848,807 $0 $0
2014 $14,654 $842,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

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