NOT LISTED FOR SALE

Concordia East 3560 S Ocean Blvd Unit 806 Palm Beach, FL 33480

Estimated Value: $627,236 - $823,000

2 Beds
2 Baths
1,340 Sq Ft
$546/Sq Ft Est. Value

Last Sold November 23, 2021

Last sale price $575,000 $429 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,939/month

34 Days on Market

Highlights

  • Doorman
  • Property has ocean access
  • Outdoor Pool
  • Direct Ocean View
  • Fitness Center
  • Waterfront

About This Home

As of November 2021

OCEAN VIEWS FROM THIS BEAUTIFULLY RENOVATED UNIT WITH MARBLE FLOORS & A CUSTOM EAT-IN KITCHEN WITH DOUBLE OVEN. THIS SPLIT BEDROOM FLOOR PLAN HAS A LARGE BALCONY OVERLOOKING THE OCEAN. BUILDING HAS GARAGE PARKING, DOOR PERSON, FITNESS, COMMUNITY ROOM, GAME ROOM & AN OCEANFRONT POOL. THE PERFECT SOUTH PALM BEACH LOCATION CLOSE TO SHOPS, RESTAURANTS, GOLF AND ALL THAT PALM BEACH HAS TO OFFER.

Last Agent to Sell the Property

Liana VERKADEN

Douglas Elliman License #SL3063815 Listed on: 09/30/2021

Douglas Elliman

Co-Listed By

Ada Verkaden

Douglas Elliman License #BK-173483

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $7,640

Year Built

  • Built in 1982

Lot Details

  • Waterfront
  • Northeast Facing Home

HOA Fees

  • $999 Monthly HOA Fees

Parking

  • Covered Parking

Interior Spaces

  • 1,340 Sq Ft Home
  • Ceiling Fan
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Property is near a clubhouse

Listing and Financial Details

  • Assessor Parcel Number 62434435250000806

Community Details

Overview

  • Association fees include insurance, cable TV, common area, pest control, water
  • 120 Units
  • Concordia East Community
  • 10-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$7,640

Year Built

Built in 1982

Lot Details

0

HOA Fees

$999 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: A1A NORTH OF OCEAN AVE IN SOUTH PALM BEACH ON THE OCEAN SIDE
  • Building Name: Concordia East
  • Year Built: 1982
  • Location Tax Legal:Name of Building: Concordia East
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 7640.13
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 1340.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 2996.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 120
  • General Property Description:_pound_ Floors: 10.0
  • Waterfront-Building:Ocean - Direct: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Pets:Pets Allowed: No
  • Maintenance Includes:Cable TV: Yes
  • Restrictions:No Pets Allowed: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Ice Maker, Oven-Double, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Marble, W/W Carpeting
  • Interior Amenities: Cable, Ceiling Fan, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 1340.0
  • Stories: 10
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Double: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Storm Shutters, Ocean Access- Deeded, Clubhouse, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Clubhouse: Yes

Garage/Parking

  • Parking:Covered Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Exercise Facility
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Pest Control, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 62434435250000806
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 120
  • Maintenance Expense: 2996.0

Tax Info

  • Tax Annual Amount: 7640.13
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 23, 2021
Sold by
Richards Ernest Randolph and Richards Ernest R
Bought by
Tall Lori G
Seller's Agent
Liana VERKADEN
Douglas Elliman
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$732,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,059
Avg. Annual Appreciation
6.40%

Purchase Details

Listed on
May 30, 2012
Closed on
Sep 10, 2013
Sold by
Heffner Steve and Heffner Karen
Bought by
Richards Ernest R and Richards Stacia R
Seller's Agent
Jennifer Spitznagel
Brown Harris Stevens of PB
Buyer's Agent
Donna Skeen
Illustrated Properties LLC (We
List Price
$349,900
Sold Price
$285,000
Premium/Discount to List
-$64,900
-18.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Original Mortgage
$256,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2003
Sold by
Kagan Gerald A
Bought by
Heffner Steve and Heffner Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 19, 1999
Sold by
Pastor Sydney and Pastor Cynthia
Bought by
Kagan Gerald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 1994
Sold by
Pastor Sydney and Pastor Cynthia H
Bought by
Pastor Sydney and Pastor Cynthia H

Purchase Details

Closed on
Sep 22, 1993
Sold by
Shefts Samuel and Shefts Shirley
Bought by
Pastor Ethel
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
Tall Lori G $575,000 Producers Title Llc
Richards Ernest R $285,000 First Intl Title Inc
Heffner Steve $256,000 Integrity Land Title
Kagan Gerald A $180,000 --
Pastor Sydney -- --
Pastor Sydney -- --
Pastor Ethel $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tall Lori G $275,000
Previous Owner Richards Ernest R $256,500
Previous Owner Heffner Steve $130,000
Previous Owner Kagan Gerald A $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2021 11/23/21 Sold $575,000 0.0% $429 / Sq Ft
11/23/2021 11/23/21 Sold $575,000 0.0% $429 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/24/2021 10/24/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $575,000 -10.0% $429 / Sq Ft
09/10/2021 09/10/21 For Sale $639,000 +124.2% $477 / Sq Ft
09/09/2013 09/09/13 Sold $285,000 -18.5% $213 / Sq Ft
08/10/2013 08/10/13 Pending -- -- --
05/30/2012 05/30/12 For Sale $349,900 -- $261 / Sq Ft
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 $11,178 $549,703 -- --
2023 $10,590 $499,730 $0 $0
2022 $9,318 $454,300 $0 $0
2021 $8,193 $388,000 $0 $388,000
2020 $7,640 $358,000 $0 $358,000
2019 $7,489 $343,000 $0 $343,000
2018 $6,987 $328,000 $0 $328,000
2017 $7,187 $358,000 $0 $0
2016 $6,853 $287,980 $0 $0
2015 $6,179 $261,800 $0 $0
2014 $5,602 $238,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-1326

APN: 62-43-44-35-25-000-0806