NOT LISTED FOR SALE

4000 S Ocean Blvd Unit 3040 Palm Beach, FL 33480

Estimated Value: $760,455 - $807,000

3 Beds
3.5 Baths
2,115 Sq Ft
$1,678/mo HOA Fee

Last Sold February 27, 2020

Last sale price $412,500 $195 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $6,654/month

152 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Community Pool
  • Fitness Center
  • 40,790 Sq Ft lot
  • Tile Flooring

About This Home

As of February 2020

This contemporary 3BR/3BA fully upgraded condo is a must see!! Beautiful tile floor through out, Unique kitchen cabinets with stainless steel appliances, upgraded bathrooms, new Air condition unit, new everything. Located in a boutique building, pet friendly under cover parking, pool right on the ocean. Words cannot describe this condo.

Last Agent to Sell the Property

Horst Hohl

One Sotheby's International Re License #3049634 Listed on: 08/28/2019

One Sotheby's International Re

Last Buyer's Agent

Robyn Lawson

Lang Realty/Delray Beach License #520018

Lang Realty/Delray Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,289

Year Built

  • Built in 1985

Lot Details

  • Waterfront

HOA Fees

  • $1,678 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 2,115 Sq Ft Home
  • Combination Dining and Living Room
  • Tile Flooring
  • Ocean Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 62434435270003040

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, pool(s), sewer, trash, water
  • High-Rise Condominium
  • La Pensee Condo Subdivision
  • 6-Story Property

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,289

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,678 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Exit I95 at Lantana Rd, turns out on US1, turn east on Ocean Ave, turn north on A1A,
  • Year Built: 1985
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Kitchen Island, Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 2115.0
  • Stories: 6

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1678.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 62434435270003040
  • Lot Size Sq Ft: 40790.0
  • Zoning Description: R-2A(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3289.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2019
Closed on
Feb 27, 2020
Sold by
Cardamone Susan and Cardamone Susan
Bought by
Rahal John F and Marchel Laurie
Seller's Agent
Horst Hohl
One Sotheby's International Re
Buyer's Agent
Robyn Lawson
Lang Realty/Delray Beach
List Price
$449,000
Sold Price
$412,500
Premium/Discount to List
-$36,500
-8.13%
Current Estimated Value
$781,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,114
Avg. Annual Appreciation
12.07%

Purchase Details

Listed on
Jan 12, 2015
Closed on
Feb 27, 2015
Sold by
Saunders Alsou and Saunders Gregg M
Bought by
Lagrega Agnes
Seller's Agent
KATHRYN BADAL PA
SCOTT GORDON REALTY ASSOCIATES
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%

Purchase Details

Closed on
Jun 29, 2005
Sold by
Sanpedro Nancy and Nancy San Pedro Trust
Bought by
Saunders Gregg M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 14, 1998
Sold by
Cohen Shelley
Bought by
Pedro Nancy S
Source: Public Records

Range of Values:

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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
Rahal John F $412,500 Attorney
Lagrega Agnes $245,000 Attorney
Saunders Gregg M $690,000 Flagler Title Company
Pedro Nancy S $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saunders Gregg M $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2020 02/27/20 Sold $412,500 -8.1% $195 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
08/28/2019 08/28/19 For Sale $449,000 +83.3% $212 / Sq Ft
02/25/2015 02/25/15 Sold $245,000 0.0% $116 / Sq Ft View Prior Sale
02/25/2015 02/25/15 Sold $245,000 0.0% $123 / Sq Ft View Prior Sale
02/23/2015 02/23/15 Pending -- -- --
01/26/2015 01/26/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $245,000 -33.6% $116 / Sq Ft
03/15/2014 03/15/14 For Sale $369,000 -- $185 / 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 $9,785 $452,540 -- --
2023 $9,119 $411,400 $0 $545,000
2022 $8,370 $374,000 $0 $0
2021 $7,191 $340,000 $0 $340,000
2020 $7,261 $340,000 $0 $340,000
2019 $3,462 $197,808 $0 $0
2018 $3,289 $194,120 $0 $0
2017 $3,280 $190,127 $0 $0
2016 $3,285 $186,216 $0 $0
2015 $5,825 $250,000 $0 $0
2014 $6,111 $260,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10557593

BeachesMLS

APN: 62-43-44-35-27-000-3040