NOT LISTED FOR SALE

4000 S Ocean Blvd Unit 4030 Palm Beach, FL 33480

Estimated Value: $678,000 - $812,000

3 Beds
3.5 Baths
2,115 Sq Ft
$1,685/mo HOA Fee

Last Sold May 01, 2018

Last sale price $365,000 $173 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $6,031/month

343 Days on Market

Highlights

  • Ocean Front
  • Clubhouse
  • Community Pool
  • Fitness Center
  • Sauna
  • Elevator

About This Home

As of May 2018

Reduced below market value! Estate sale! Completely updated highlighting 3 ensuite bedrooms, 3.5 baths with ocean views from bedrooms. Great for entertaining featuring large open living area with wood flooring, updated kitchen, formal dining room with wet bar. Balcony views the city, great for the 4th of July fireworks! Building is a quiet peace of paradise with only 24 units total, covered garage parking and gated entrance after hours.

Last Agent to Sell the Property

Katriina Maass

Illustrated Properties LLC (We License #3116969 Listed on: 04/22/2017

Illustrated Properties LLC (We

Last Buyer's Agent

Nader Goubran

United Properties of SE FL License #3036293

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,623

Year Built

  • Built in 1985

Lot Details

  • Ocean Front

HOA Fees

  • $1,685 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 2,115 Sq Ft Home
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Blinds
  • Formal Dining Room
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Property has ocean access
  • Balcony
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 62434435270004030

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,623

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,685 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East Ocean Ave. east to A1A, go north 3 building on the right.
  • Year Built: 1985
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Dining Area, Separate/Formal Dining Room, Living/Dining Room, Bar, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Laminate, Tile
  • Living Area: 2115.0
  • Dining Room Type: Laundry
  • Stories: 6
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None, Association, Community
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security Gate
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Water Available

Condo/Co-op/Association

  • Association Fee: 1685.0
  • Community Features: Pool, Sauna
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Sauna, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Maintenance Structure, Parking, Pest Control, Pool(s)

Lot Info

  • Parcel #: 62434435270004030
  • Zoning Description: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4623.0

Multi Family

  • Number Of Units In Community: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2017
Closed on
May 1, 2018
Sold by
Guilbert Monot and Monot Marcelle
Bought by
Andraos Nermin M
Seller's Agent
Katriina Maass
Illustrated Properties LLC (We
Buyer's Agent
Nader Goubran
United Properties of SE FL
List Price
$475,000
Sold Price
$365,000
Premium/Discount to List
-$110,000
-23.16%
Current Estimated Value
$721,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,217
Avg. Annual Appreciation
9.59%

Purchase Details

Closed on
Jul 9, 2010
Sold by
Friedricks Steven and Friedricks Amy
Bought by
Monot Alexandre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2003
Sold by
Cuminale Raymond J
Bought by
Friedricks Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.5%

Purchase Details

Closed on
Mar 29, 2002
Sold by
Marchese Frank A
Bought by
Cuminale Raymond J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
11.99%

Purchase Details

Closed on
Feb 16, 1999
Sold by
Wilson Ellen
Bought by
Marchese Frank A

Purchase Details

Closed on
Nov 16, 1993
Sold by
Lasala Kenneth and Lasala Josephine M
Bought by
Wilson Ellen

Purchase Details

Closed on
Oct 19, 1993
Sold by
Internal Revenue Svc
Bought by
Wilson Ellen
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
Andraos Nermin M $365,000 Attorney
Monot Alexandre $400,000 Attorney
Friedricks Steven $445,000 Sunbelt Title Agency
Cuminale Raymond J $362,500 --
Marchese Frank A $219,000 --
Wilson Ellen -- --
Wilson Ellen $20,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monot Alexandre $320,000
Previous Owner Friedricks Steven $308,000
Previous Owner Cuminale Raymond J $326,250
Previous Owner Marchese Frank A $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2018 05/01/18 Sold $365,000 -23.2% $173 / Sq Ft
04/01/2018 04/01/18 Pending -- -- --
04/22/2017 04/22/17 For Sale $475,000 -- $225 / 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 $6,098 $346,477 -- --
2023 $5,940 $336,385 $0 $0
2022 $5,875 $326,587 $0 $0
2021 $5,841 $317,075 $0 $0
2020 $5,807 $312,697 $0 $0
2019 $5,786 $305,667 $0 $0
2018 $6,553 $330,000 $0 $330,000
2017 $5,902 $270,000 $0 $0
2016 $4,623 $246,715 $0 $0
2015 $4,752 $245,000 $0 $0
2014 $5,029 $255,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katriina Maass

    Seller's Agent in 2018

    Katriina Maass

    Illustrated Properties LLC (We

    (561) 523-5159

    6 Total Sales

    Katriina Maass
    Section Image

  • N

    Buyer's Agent in 2018

    Nader Goubran

    United Properties of SE FL

    (561) 296-7844

    21 Total Sales

    Nader Goubran
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10327991

BeachesMLS

APN: 62-43-44-35-27-000-4030

Florida Palm Beach County Palm Beach 33480

4000 S Ocean Blvd Unit 4030, Palm Beach, FL

This home is located at 4000 S Ocean Blvd Unit 4030, Palm Beach, FL 33480 since 22 April 2017 and is currently estimated at $721,217, approximately $341 per square foot. This property was built in 1985. 4000 S Ocean Blvd Unit 4030 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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