NOT LISTED FOR SALE

4000 S Ocean Blvd Unit 6040 Palm Beach, FL 33480

Estimated Value: $788,000 - $1,371,000

3 Beds
3.5 Baths
2,115 Sq Ft
$1,689/mo HOA Fee

Last Sold May 03, 2017

Last sale price $1,000,000 $473 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,529/month

69 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Den
  • Golf Course Community
  • Community Pool
  • Closet Cabinetry

About This Home

As of May 2017

Magnificent Penthouse in beautiful boutique building, renovated to the highest standards,walking distance to shopping,restaurants and 5 star Resort. ( Eau Spa Resort)Unit is offered furnished

Last Agent to Sell the Property

Horst Hohl

BEX Realty, LLC License #3268592 Listed on: 01/23/2017

Co-Listed By

Jonathan Harris

Illustrated Properties License #3247304

Last Buyer's Agent

Constance 'Conni Hudson, PA

One Sotheby's International Realty License #3218739

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,941

Year Built

  • Built in 1985

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway
  • Southwest Facing Home

HOA Fees

  • $1,689 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 2,115 Sq Ft Home
  • Furnished
  • Entrance Foyer
  • Den
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 62434435270006040

Community Details

Overview

  • La Pensee Condo Subdivision
  • 6-Story Property

Recreation

  • Golf Course Community
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,941

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,689 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Exit I95 east on Lantana Rd, south on US1, east on Ocean Ave, S on A1A
  • Year Built: 1985
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Entrance Foyer, Elevator, Kitchen Island, Pantry
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 2115.0
  • Dining Room Type: Den
  • Stories: 6

Exterior Features

  • Pool Features: None, Community
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access, Ocean Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Southwest

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1689.0
  • Community Features: Golf, Golf Course Community, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 62434435270006040
  • Zoning Description: RD1

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3941.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
May 3, 2017
Sold by
Siciliano Michael J
Bought by
Wolf David G and The David G Wold Revocable Trust
Seller's Agent
Horst Hohl
BEX Realty, LLC
Buyer's Agent
Constance 'Conni Hudson, PA
One Sotheby's International Realty
List Price
$1,250,000
Sold Price
$1,000,000
Premium/Discount to List
-$250,000
-20%
Current Estimated Value
$936,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,016
Avg. Annual Appreciation
-0.77%

Purchase Details

Closed on
Aug 18, 2014
Sold by
Gervais Robert V and Gervais Stephen L
Bought by
Siciliano Michael J

Purchase Details

Closed on
Jun 8, 1993
Sold by
Thomson D Eric
Bought by
Gervais Robert
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
Wolf David G $700,000 Attorney
Siciliano Michael J $300,000 First Intl Title Inc
Gervais Robert $85,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2017 05/03/17 Sold $1,000,000 -20.0% $473 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $1,250,000 -- $591 / 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 $10,241 $472,505 -- --
2023 $9,556 $429,550 $0 $575,000
2022 $8,705 $390,500 $0 $0
2021 $7,505 $355,000 $0 $355,000
2020 $7,577 $355,000 $0 $355,000
2019 $7,424 $340,000 $0 $340,000
2018 $7,449 $350,000 $0 $350,000
2017 $3,931 $220,443 $0 $0
2016 $3,942 $215,909 $0 $0
2015 $4,052 $214,408 $0 $0
2014 $6,457 $275,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10301357

BeachesMLS

APN: 62-43-44-35-27-000-6040