NOT LISTED FOR SALE

342 Cocoanut Row Unit The Cottage Palm Beach, FL 33480

Estimated Value: $890,113 - $1,706,000

1 Bed
1 Bath
470 Sq Ft
$340/mo HOA Fee

Last Sold December 12, 2012

Last sale price $372,000 $791 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $7,996/month

485 Days on Market

Highlights

  • Wood Flooring
  • Mediterranean Architecture
  • Entrance Foyer
  • Palm Beach Public School Rated A-
  • Patio
  • Central Heating and Cooling System

About This Home

As of December 2012

Palm Beach's most charming Pied-A-Terre in the best center of town location. Wonderful outdoor loggia. Close to Worth Avenue & restaurants.

Last Agent to Sell the Property

Gary Little

Sotheby's Intl. Realty, Inc. License #497423 Listed on: 07/13/2011

Sotheby's Intl. Realty, Inc.

Co-Listed By

Lynn Warren

Sotheby's Intl. Realty, Inc. License #497454

Last Buyer's Agent

Mia Morrison

The Corcoran Group License #3077087

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,072

Year Built

  • Built in 1993

Lot Details

  • 4,487

HOA Fees

  • $340 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 470 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • Southwest Facing Home
  • Flood Zone Lot

Community Details

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, roof, sewer, trash, water
  • 4 Units
  • Casa Villaggio Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434327720000040

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,072

Year Built

Built in 1993

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Royal Palm Way to Cocoanut, south to 342
  • Year Built: 1993
  • Architectural Style: Mediterranean
  • Entry Level: 1
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, Tub Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood, Wood
  • Living Area: 470.0
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • Lot Features: Flood Zone, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Direction Faces: Southwest
  • Patio And Porch Features: Patio
  • Roof: Tar/Gravel

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 340.0
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434327720000040
  • Lot Size: < 1/4 Acre,Flood Zone
  • Zoning Description: RD-1

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 5072.0

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2016
Sold by
March Steven and Rizzo Robert
Bought by
Sklar Carole Frank and Carole Frank Sklar Revocable Trust
Current Estimated Value
$1,320,528

Purchase Details

Listed on
Jul 13, 2011
Closed on
Dec 11, 2012
Sold by
Harvell Cecil S and The Csh & Eah Trust
Bought by
March Steven
Seller's Agent
Gary Little
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Mia Morrison
The Corcoran Group
List Price
$475,000
Sold Price
$372,000
Premium/Discount to List
-$103,000
-21.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$260,250
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2010
Sold by
Harvell Cecil S and Harvell James C
Bought by
Harvell Cecil S and The Csh & Eah Trust

Purchase Details

Closed on
Apr 27, 2010
Sold by
Harvell Cecil S
Bought by
Harvell Cecil S

Purchase Details

Closed on
Aug 10, 2009
Sold by
Harvell James C and Harvell Cecil S
Bought by
Harvell Cecil S

Purchase Details

Closed on
Apr 4, 2008
Sold by
Russell John C and Russell Patricia B
Bought by
Harvell James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2004
Sold by
Brock John D and Brock Noelle C
Bought by
Russell John C

Purchase Details

Closed on
Jan 8, 1998
Sold by
Cynthia John and Cynthia Valluzzo
Bought by
Brock John D

Purchase Details

Closed on
May 16, 1994
Sold by
342 Cocoanut Row Corp
Bought by
Martin David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
8.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sklar Carole Frank $502,831 None Available
March Steven $372,000 Attorney
Harvell Cecil S -- Attorney
Harvell Cecil S -- Attorney
Harvell Cecil S -- Attorney
Harvell James C $475,000 Sunbelt Title Agency
Russell John C $375,000 --
Brock John D $210,000 --
Martin David W $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner March Steven $260,250
Previous Owner Harvell James C $380,000
Previous Owner Martin David W $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2012 12/12/12 Sold $372,000 -21.7% $791 / Sq Ft
11/12/2012 11/12/12 Pending -- -- --
07/15/2011 07/15/11 For Sale $475,000 -- $1,011 / 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 $8,609 $590,000 -- --
2024 $8,609 $590,000 -- --
2023 $8,657 $590,000 $0 $590,000
2022 $8,074 $484,000 $0 $0
2021 $7,551 $440,000 $0 $440,000
2020 $7,170 $410,000 $0 $410,000
2019 $7,316 $410,000 $0 $410,000
2018 $7,094 $410,000 $0 $410,000
2017 $7,235 $410,000 $0 $0
2016 $5,591 $319,000 $0 $0
2015 $5,292 $290,000 $0 $0
2014 $5,362 $290,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    Gary Little

    Sotheby's Intl. Realty, Inc.

    (561) 309-6379

    16 Total Sales

    Gary Little
    Section Image
  • Lynn Warren

    Seller Co-Listing Agent in 2012

    Lynn Warren

    Sotheby's Intl. Realty, Inc.

    (561) 659-3555

    16 Total Sales

    Lynn Warren
    Section Image
  • Mia Morrison

    Buyer's Agent in 2012

    Mia Morrison

    The Corcoran Group

    (561) 379-7691

    47 Total Sales

    Mia Morrison
    Section Image
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Map

Source: BeachesMLS

MLS Number: R3211386

BeachesMLS

APN: 50-43-43-27-72-000-0040

Florida Palm Beach County Palm Beach 33480

342 Cocoanut Row Unit The Cottage, Palm Beach, FL

Not Listed for Sale

Condos

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