$243,500
SOLD AUG 12, 2018

The Patrician 3450 S Ocean Blvd Unit 802 Palm Beach, FL 33480

1 Bed
1 Bath
982 Sq Ft
$500/mo HOA Fee

Recently Sold

$248 Per Sq Ft

50 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Outdoor Pool
  • Direct Ocean View
  • Fitness Center
  • Home Gym

About This Home

As of May 2022

Chic Penthouse, Turnkey Condo with High Ceilings and Million Dollar Views of Both the Ocean and Intracoastal! Enjoy the Boats on the Ocean and Intracoastal by Day and the Sparkling City lights at night. Open Kitchen /Great Room is Perfect for Entertaining and has Beachy White Cabinetry and Granite Countertops. Large white tile throughout. This unit features a Bonus room for Guests, Office or Media Room. French doors open into the Master Bedroom and Double Doors into the Bathroom. The Extra Spacious Bath has Double Vanity and Walk in Shower with Tile Inlays. Newer A/C unit with a transferrable Service Warranty. It has been Recently Furnished and all inclusive. Smart Modern Furnishings include TV's, Futon in Bonus room, Pull out Sofa and a Bistro Dining table. It Can sleep 5 very Comfortably. Door and Windows are Hurricane Impact Glass. The Patrician is full amenity oceanfront building w/ a 24 Hour Door person, Pool & BBQ on the Ocean deck, Fitness Center, Club room & more! Live as if you are on vacation all the time. The Best Views for the Lowest Maintenance Fees in the building. The Association Dues of Only $500 a month includes more than most, Cable, Wi Fi, pest control, hot water, water, trash removal, sewer and central a/c which significantly reduces your electric bill. This is a must see!!

Last Agent to Sell the Property

PATRICIA JIMESON

The Corcoran Group License #3171142 Listed on: 06/21/2018

Co-Listed By

SCOTT JIMESON

The Corcoran Group License #3166941

Last Buyer's Agent

LISA LaREAU KATZ

VALORE GROUP REAL ESTATE

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $1,752

Year Built

  • Built in 1971

Lot Details

  • North Facing Home

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Parking Space

Interior Spaces

  • 982 Sq Ft Home
  • Window Treatments
  • Dining Area
  • Library
  • Storage
  • Home Gym
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434435030008020

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water, recreation lease
  • 212 Units
  • Patrician Community
  • On-Site Maintenance
  • 8-Story Property

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$1,752

Year Built

Built in 1971

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Patrician
  • Year Built: 1971
  • Location Tax Legal:Name of Building: Patrician
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 1752.07
  • Location Tax Legal:Tax Year2: 2017
  • General Property Description:Living Area: 982.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 500.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 212
  • General Property Description:_pound_ Floors: 8.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Building:Ocean - Direct: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Laundry:Laundry in Building: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Oven-Single, Range - Electric
  • Total Bedrooms: 1
  • Flooring: Tile
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 982.0
  • Stories: 8
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Other Security, Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water, Recreation Lease

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434435030008020
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 212
  • Maintenance Expense: 500.0

Tax Info

  • Tax Annual Amount: 1752.07
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
May 13, 2022
Sold by
Wightman and Dennis
Bought by
Canale Carlene Caterina
Seller's Agent
Scott Jimeson
The Corcoran Group
Buyer's Agent
Scott Jimeson
The Corcoran Group
List Price
$470,000
Sold Price
$490,000
Premium/Discount to List
$20,000
4.26%
Current Estimated Value
$533,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,686
Avg. Annual Appreciation
2.75%
Original Mortgage
$322,500
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2018
Closed on
Aug 8, 2018
Sold by
Altfest Stuart and Orkin Karen
Bought by
Wightman Charles
Seller's Agent
PATRICIA JIMESON
The Corcoran Group
Buyer's Agent
LISA LaREAU KATZ
VALORE GROUP REAL ESTATE
List Price
$243,500
Sold Price
$243,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.44%

Purchase Details

Closed on
Jul 7, 2015
Sold by
Altfest Stuart and Stuart Altfest Revocable Trust
Bought by
Altfest Stuart

Purchase Details

Closed on
Aug 26, 2010
Sold by
Altfest Stuart and Stuart Altfest Revocable Trust
Bought by
Stuart Altfest Revocable Trust and Karen Orkin Revocable Trust

Purchase Details

Closed on
Apr 29, 2010
Sold by
Altfest Stuart
Bought by
Altfest Stuart and The Stuart Altfest Revocable Trust

Purchase Details

Closed on
Apr 28, 2010
Sold by
Lipeck Partners Llp
Bought by
Altfest Stuart

Purchase Details

Closed on
Apr 27, 2010
Sold by
Lipson Richard
Bought by
Lipeck Partners Llp

Purchase Details

Closed on
Oct 19, 2009
Sold by
Pudlit Joint Venture Llp
Bought by
Lipson Richard

Purchase Details

Closed on
May 16, 2001
Sold by
Hamilton Griffin I
Bought by
Griffin Hamilton B Trust

Purchase Details

Closed on
May 21, 1999
Sold by
Nowacki Louise
Bought by
Griffin Hamilton
Source: Public Records

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Range of Values:

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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 $490,000 Title Of America
Warranty Deed $243,500 First American Title Insuran
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Citrus Title Ins Agency Inc
Warranty Deed $180,000 Citrus Title Ins Agency Inc
Quit Claim Deed -- Citrus Title Ins Agency Inc
Corporate Deed $142,000 Best Title Llc
Warranty Deed -- --
Warranty Deed $63,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $113,200 Credit Line Revolving
Previous Owner $322,500 New Conventional
Previous Owner $259,200 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $490,000 +4.3% $489 / Sq Ft
04/16/2022 04/16/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $470,000 0.0% $469 / Sq Ft
10/11/2019 10/11/19 Rented $1,600 0.0% --
09/11/2019 09/11/19 Under Contract -- -- --
09/10/2019 09/10/19 For Rent $1,600 0.0% --
08/12/2018 08/12/18 Sold $243,500 0.0% $248 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $243,500 0.0% $248 / Sq Ft
11/06/2015 11/06/15 Rented $3,500 +16.7% --
10/07/2015 10/07/15 Under Contract -- -- --
07/09/2015 07/09/15 For Rent $3,000 -- --
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 $5,868 $412,000 -- --
2023 $5,718 $400,000 $0 $400,000
2022 $3,761 $203,500 $0 $0
2021 $3,319 $185,000 $0 $185,000
2020 $3,364 $185,000 $0 $185,000
2019 $2,769 $185,000 $0 $185,000
2018 $1,768 $128,880 $0 $0
2017 $1,752 $126,229 $0 $0
2016 $1,540 $123,633 $0 $0
2015 $1,589 $122,774 $0 $0
2014 $1,593 $121,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-1270

APN: 50-43-44-35-03-000-8020