NOT LISTED FOR SALE

340 Cocoanut Row Unit B Palm Beach, FL 33480

Estimated Value: $2,989,719 - $3,632,000

3 Beds
2.5 Baths
1,678 Sq Ft
$810/mo HOA Fee

Last Sold January 06, 2015

Last sale price $1,535,000 $915 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $21,027/month

171 Days on Market

Highlights

  • Heated Pool
  • Wood Flooring
  • Formal Dining Room
  • Palm Beach Public School Rated A-
  • Mediterranean Architecture
  • Impact Glass

About This Home

As of January 2015

Romantic Mediterranean Condo/Townhouse located in the heart of the Worth Avenue district. Beautifully appointed, Deeded covered off street parking (separate PCN#),private pool

Last Agent to Sell the Property

Maureen Woodward

Brown Harris Stevens of PB License #537895 Listed on: 06/16/2014

Brown Harris Stevens of PB

Last Buyer's Agent

Pamela Slotkin

Brown Harris Stevens of PB License #324976

Brown Harris Stevens of PB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,102

Year Built

  • Built in 1996

Lot Details

  • East Facing Home
  • Sprinkler System

HOA Fees

  • $810 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 1,678 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Bay Window
  • Formal Dining Room
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Deeded Parking

Pool

  • Heated Pool

Utilities

  • Cooling Available
  • Zoned Heating System

Listing and Financial Details

  • Assessor Parcel Number 50434327740000020

Community Details

Overview

  • Association fees include management, common areas, insurance, maintenance structure, pest control, roof
  • Villa Fiorentina Condo Subdivision

Pet Policy

  • Pets Allowed

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,102

Year Built

Built in 1996

Lot Details

0

HOA Fees

$810 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Middle bridge to Cocoanut Row, turn right Townhouse located on right between Brazilian and Australian.
  • Year Built: 1996
  • Architectural Style: Mediterranean
  • Carport Y N: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Separate Shower, Walk-In Closet(s), Bay Window
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile, Wood
  • Living Area: 1678.0
  • Dining Room Type: Storage Room
  • Stories: 2
  • Window Features: Blinds, Drapes, Impact Glass

Exterior Features

  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Covered, Deeded

Utilities

  • Security: Security System
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 810.0
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Structure, Pest Control, Roof

Lot Info

  • Parcel #: 50434327740000020
  • Lot Size: < 1/4 Acre
  • Zoning Description: RD1

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 19102.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2014
Closed on
Jan 6, 2015
Sold by
Punnett R John
Bought by
Griffin Haynes and Griffin Virginia
Seller's Agent
Maureen Woodward
Brown Harris Stevens of PB
Buyer's Agent
Pamela Slotkin
Brown Harris Stevens of PB
List Price
$2,200,000
Sold Price
$1,535,000
Premium/Discount to List
-$665,000
-30.23%
Current Estimated Value
$3,344,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,809,906
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Apr 10, 2008
Sold by
Clark James Mcconnell
Bought by
Punnett R John

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
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2002
Sold by
Heustein Judith
Bought by
Clark James Mcconnell

Purchase Details

Closed on
Sep 12, 1997
Sold by
Cocoanut 340 Co
Bought by
Heustein Harold and Heustein Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
7.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Griffin Haynes $1,535,000 Attorney
Punnett R John $1,500,000 Attorney
Clark James Mcconnell $1,200,000 --
Heustein Harold $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Punnett R John $1,000,000
Previous Owner Heustein Harold $355,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2015 01/06/15 Sold $1,535,000 -30.2% $915 / Sq Ft
12/07/2014 12/07/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $2,200,000 -- $1,311 / Sq Ft
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
2025 $31,458 $2,100,000 -- --
2024 $31,458 $2,063,050 -- --
2023 $29,462 $1,875,500 $0 $0
2022 $27,596 $1,705,000 $0 $0
2021 $25,687 $1,550,000 $0 $1,550,000
2020 $24,447 $1,450,000 $0 $1,450,000
2019 $23,779 $1,380,000 $0 $1,380,000
2018 $21,724 $1,300,000 $0 $1,300,000
2017 $22,182 $1,300,000 $0 $0
2016 $22,457 $1,300,000 $0 $0
2015 $21,537 $1,158,300 $0 $0
2014 $19,208 $1,053,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10050314

BeachesMLS

APN: 50-43-43-27-74-000-0020