$1,475,000
SOLD JUL 31, 2019

340 Brazilian Ave Unit 203c Palm Beach, FL 33480

2 Beds
2 Baths
1,955 Sq Ft
$1,127/mo HOA Fee

Recently Sold

$754 Per Sq Ft

26% Below List Price

515 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Balcony
  • Palm Beach Public School Rated A-
  • Mediterranean Architecture
  • Eat-In Kitchen

About This Home

As of July 2019

In-town light filled 2 bedroom and 2 bath apartment in a small boutique building. There are 2 parking spaces in the garage, an elevator and a pool.

Last Agent to Sell the Property

Cris Condon

Sotheby's Intl. Realty, Inc. License #392210 Listed on: 01/31/2018

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Anne Carmichael

Brown Harris Stevens of PB License #667093

Brown Harris Stevens of PB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,324

Year Built

  • Built in 1982

Lot Details

  • North Facing Home

HOA Fees

  • $1,127 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 1,955 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Water Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 50434327530002030

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, pest control, pool(s), sewer, trash, water
  • Casa Encantada Condo Subdivision

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center

Security

  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,324

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,127 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Brazilian Ave to 340 Brazilian Ave
  • Year Built: 1982
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Entrance Foyer, Eat-in Kitchen, Elevator, Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1955.0
  • Stories: 4
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Other, Water
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Security: Phone Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1127.0
  • Senior Community: No
  • Amenities: Fitness Center, Storage, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Pest Control, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 50434327530002030
  • Lot Size Sq Ft: 25680.0
  • Zoning Description: R-C(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 14324.0

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
$3,528,667

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
15.04%
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 Type Sale Price Title Company
Warranty Deed $2,775,000 Lighthouse Title Services
Warranty Deed $2,500,000 First American Title Ins Co
Warranty Deed $1,475,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $835,000 --
Warranty Deed $650,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 New Conventional
Previous Owner $1,180,000 Adjustable Rate Mortgage/ARM
Previous Owner $600,000 No Value Available
Previous Owner $585,000 New Conventional
Previous Owner $585,000 New Conventional
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 -- --
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 $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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Map

Source: BeachesMLS

MLS Number: R10401514

BeachesMLS

APN: 50-43-43-27-53-000-2030