NOT LISTED FOR SALE

4000 S Ocean Blvd Unit 2020 Palm Beach, FL 33480

Estimated Value: $943,000 - $1,506,000

3 Beds
3.5 Baths
2,115 Sq Ft
$1,059/mo HOA Fee

Last Sold April 13, 2012

Last sale price $435,000 $206 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $8,290/month

90 Days on Market

Highlights

  • Ocean Front
  • Newly Remodeled
  • Marble Flooring
  • Fitness Center
  • Roman Tub
  • Community Pool

About This Home

As of April 2012

DIRECT OCEAN FRONT CORNER UNIT, WALK INTO YOUR FOYER AND VIEW THE WAVES AS IF THEY ARE JUST AN EXTENSION OF YOUR BALCONY, EACH OF THE THREE BEDROOMS HAVE PRIVATE BATHS, 1/2 BATH FOR GUEST, FULL UTILITY ROOM, OCEAN VIEWS FROM EVERY ROOM

Last Agent to Sell the Property

Michelle Daniels

The Real Estate Office Co. License #566609 Listed on: 12/14/2011

Last Buyer's Agent

Debra Baer

Charles Rutenberg Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,987

Year Built

  • Built in 1985 | Newly Remodeled

Lot Details

  • Ocean Front

HOA Fees

  • $1,059 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 2,115 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Bar
  • Entrance Foyer
  • Den
  • Ocean Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 62434435270002020

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pest control, pool(s), roof, trash
  • 24 Units
  • La Pensee Subdivision
  • 6-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,987

Year Built

Built in 1985 | Newly Remodeled

Lot Details

0

HOA Fees

$1,059 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A NORTH OF RITZ CARLTON ON OCEAN SIDE, PARK ACROSS THE STREET.
  • Year Built: 1985
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 1026

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Entrance Foyer, Garden Tub/Roman Tub, Split Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble
  • Living Area: 2115.0
  • Dining Room Type: Den
  • Stories: 6

Exterior Features

  • View: Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1059.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Storage, Trail(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Roof, Trash

Lot Info

  • Parcel #: 62434435270002020
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 8987.0

Multi Family

  • Number Of Units In Community: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2011
Closed on
Mar 28, 2012
Sold by
Wells Fargo Delaware Trust Company Na
Bought by
Mayer Sandeep
Seller's Agent
Michelle Daniels
The Real Estate Office Co.
Buyer's Agent
Debra Baer
Charles Rutenberg Realty LLC
List Price
$499,900
Sold Price
$435,000
Premium/Discount to List
-$64,900
-12.98%
Current Estimated Value
$1,142,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$707,844
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
Sep 13, 2011
Sold by
Flagstar Bank Fsb
Bought by
Vericrest Financial Inc

Purchase Details

Closed on
Aug 9, 2010
Sold by
Brabb Heidi
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Nov 23, 2009
Sold by
Region Trust Inc
Bought by
La Pensee Condominium Association Inc

Purchase Details

Closed on
Jun 1, 2005
Sold by
Nayar Madhavan and Nayar Teresa R
Bought by
Brabb Heidi S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 28, 2004
Sold by
Cantone Thomas and Cantone Ann
Bought by
Nayar Madhavan
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
Mayer Sandeep $435,000 Paramount Title Corporation
Wells Fargo Delaware Trust Company Na -- Paramount Title Corporation
Vericrest Financial Inc $11,300 Attorney
Flagstar Bank Fsb -- None Available
La Pensee Condominium Association Inc $42,100 None Available
Brabb Heidi S $850,000 --
Nayar Madhavan $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brabb Heidi S $637,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2012 04/13/12 Sold $435,000 -13.0% $206 / Sq Ft
03/14/2012 03/14/12 Pending -- -- --
12/14/2011 12/14/11 For Sale $499,900 -- $236 / 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 $13,778 $652,190 -- --
2023 $12,868 $592,900 $0 $750,000
2022 $12,005 $539,000 $0 $0
2021 $10,322 $490,000 $0 $490,000
2020 $10,422 $490,000 $0 $490,000
2019 $10,657 $490,000 $0 $490,000
2018 $10,383 $490,000 $0 $490,000
2017 $9,664 $445,000 $0 $0
2016 $9,935 $445,000 $0 $0
2015 $9,949 $430,000 $0 $0
2014 $10,041 $430,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michelle Daniels

    The Real Estate Office Co.

    38 Total Sales

    Michelle Daniels
    Section Image

  • D

    Buyer's Agent in 2012

    Debra Baer

    Charles Rutenberg Realty LLC

  • E

    Buyer's Agent in 2012

    Emilio McKenzie

    Charles Rutenberg Realty FTL

    (829) 836-2779

    1 Total Sale

    Emilio McKenzie
    Section Image
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Map

Source: BeachesMLS

MLS Number: R3246119

BeachesMLS

APN: 62-43-44-35-27-000-2020

Florida Palm Beach County Palm Beach 33480

4000 S Ocean Blvd Unit 2020, Palm Beach, FL

This home is located at 4000 S Ocean Blvd Unit 2020, Palm Beach, FL 33480 since 14 December 2011 and is currently estimated at $1,142,844, approximately $540 per square foot. This property was built in 1985. 4000 S Ocean Blvd Unit 2020 is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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