NOT LISTED FOR SALE

Le Chateau Royal 3540 S Ocean Blvd Unit 3150 Palm Beach, FL 33480

Estimated Value: $237,696 - $350,000

1 Bed
1.5 Baths
802 Sq Ft
$412/mo HOA Fee

Last Sold March 08, 2012

Last sale price $72,000 $90 Per Sq Ft

Est. 288% increase in value since last sale

Current estimated payment $2,228/month

296 Days on Market

Highlights

  • Property has ocean access
  • Waterfront
  • Garden View
  • Gated with Attendant
  • Clubhouse
  • Sauna

About This Home

As of March 2012

This home is located at 3540 S Ocean Blvd Unit 3150, Palm Beach, FL 33480 since 16 April 2011 and is currently estimated at $279,174, approximately $348 per square foot. This property was built in 1974. 3540 S Ocean Blvd Unit 3150 is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

Last Agent to Sell the Property

Petrina Penio

Real Estate Center of West Palm Beach LLC License #3204820 Listed on: 04/16/2011

Last Buyer's Agent

Barbara Reed

Century Village Real Estate License #404384

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • North Facing Home

HOA Fees

  • $412 Monthly HOA Fees

Interior Spaces

  • 802 Sq Ft Home
  • Blinds
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Home Security

  • Security Lights
  • Closed Circuit Camera

Parking

  • Guest Parking
  • Assigned Parking

Additional Features

  • Property has ocean access
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 62434435040003150

Community Details

Overview

  • Association fees include management, common areas, cable TV, hot water, insurance, ground maintenance, maintenance structure, parking, pest control, trash, water
  • High-Rise Condominium
  • Le Chateau Royale Subdivision
  • 7-Story Property

Amenities

  • Sauna
  • Elevator

Recreation

  • Park

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0

HOA Fees

$412 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: North of Ritz Carlton
  • Year Built: 1974
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Special Features: 12

Interior Features

  • Interior Amenities: Elevator, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 802.0
  • Stories: 7
  • Window Features: Blinds

Exterior Features

  • View: Garden
  • Pool Features: None, Community
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Direction Faces: North

Garage/Parking

  • Parking Features: Assigned, Guest

Utilities

  • Security: Closed Circuit Camera(s), Gated with Guard, Phone Entry, Security Lights, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 412.0
  • Community Features: Clubhouse, Fitness, Park, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Trash, Water

Lot Info

  • Parcel #: 62434435040003150
  • Zoning Description: RES

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 1949.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2011
Closed on
Mar 7, 2012
Sold by
A-1 Signature Homes Llc
Bought by
Katsoulis Vasilios
Seller's Agent
Petrina Penio
Real Estate Center of West Palm Beach LLC
Buyer's Agent
Barbara Reed
Century Village Real Estate
List Price
$160,000
Sold Price
$72,000
Premium/Discount to List
-$88,000
-55%
Current Estimated Value
$279,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,174
Avg. Annual Appreciation
10.43%

Purchase Details

Closed on
Sep 8, 2005
Sold by
Krell Robert D and Krell Nancy A
Bought by
A 1 Signature Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 10, 2005
Sold by
Stewart Kathleen
Bought by
Krell Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,320
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 8, 2002
Sold by
Pulles Armando A and Nasr Pulles Xiomara
Bought by
Stewart Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2000
Sold by
Cordal Lourdes
Bought by
Pulles Armando A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 1997
Sold by
Tomena Kathleen A
Bought by
Cordal Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
7.46%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Katsoulis Vasilios $72,000 Stewart Title Company
A 1 Signature Homes Llc $250,000 Phoenix Title Insurance Corp
Krell Robert D $225,400 --
Stewart Kathleen $88,000 Universal Land Title Inc
Pulles Armando A $58,000 --
Cordal Fernando $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner A-1 Signature Homes Llc $175,500
Previous Owner A 1 Signature Homes Llc $170,000
Previous Owner Krell Robert D $180,320
Previous Owner Stewart Kathleen $56,500
Previous Owner Cordal Fernando $48,000
Previous Owner Cordal Fernando $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2012 03/08/12 Sold $72,000 -55.0% $90 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
04/16/2011 04/16/11 For Sale $160,000 -- $200 / 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
2024 $4,089 $183,678 -- --
2023 $3,574 $166,980 $0 $0
2022 $3,320 $151,800 $0 $0
2021 $2,976 $138,000 $0 $138,000
2020 $3,003 $138,000 $0 $138,000
2019 $3,045 $143,000 $0 $143,000
2018 $2,726 $133,000 $0 $133,000
2017 $2,591 $128,000 $0 $0
2016 $2,406 $100,430 $0 $0
2015 $2,262 $91,300 $0 $0
2014 $2,019 $83,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3190481

BeachesMLS

APN: 62-43-44-35-04-000-3150