NOT LISTED FOR SALE

401 Peruvian Ave Unit 1030 Palm Beach, FL 33480

Estimated Value: $1,319,000 - $2,265,000

2 Beds
2 Baths
1,175 Sq Ft
$1,468/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $1,050,000 $894 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $11,349/month

46 Days on Market

Highlights

  • Outdoor Pool
  • Marble Flooring
  • Wine Refrigerator
  • Palm Beach Public School Rated A-
  • Lanai
  • Balcony

About This Home

As of February 2021

Perfect 2Bd/2Ba apartment in the heart of midtown one block from Worth Ave! Renovated with high end finishes, Waterworks bathrooms, Impact glass door and windows. Laundry in unit, 2 balconies, 2 parking spaces. Pet friendly, low maintenance with community pool.

Last Agent to Sell the Property

ELIZABETH SAVAGE

Brown Harris Stevens of Palm Beach 6598 License #SL-3067550 Listed on: 01/04/2021

Brown Harris Stevens of Palm Beach 6598

Last Buyer's Agent

ELIZABETH SAVAGE

BARRETT WELLES PROPERTY GROUP LLC

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $13,492

Year Built

  • Built in 1963

Lot Details

  • South Facing Home

HOA Fees

  • $796 Monthly HOA Fees

Interior Spaces

  • 1,175 Sq Ft Home
  • 4-Story Property
  • Dining Area

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • No Garage

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434327390001030

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, sewer, water
  • 18 Units
  • Peruvian Terrace Community
  • On-Site Maintenance

Amenities

  • Common Area
  • Laundry Facilities

Pet Policy

  • Pet Restriction
  • Small pets allowed

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$13,492

Year Built

Built in 1963

Lot Details

0

HOA Fees

$796 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Peruvian Terrace
  • Garage Yn: Yes
  • Year Built: 1963
  • Location Tax Legal:Name of Building: Peruvian Terrace
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 13492.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 796.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 18
  • General Property Description:_pound_ Floors: 4.0
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Refrigerator-Wine, Freezer, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Hardwood, Marble, W/W Carpeting
  • Interior Amenities: Cable, Smoke Alarms
  • Stories: 4
  • Interior Features:Smoke Alarms: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Patio/Lanai
  • Exterior Features:Balcony: Yes
  • Exterior Features:PatioLanai: Yes

Garage/Parking

  • Parking:_two_ Car2: Yes
  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: No Security, Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: No Services
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434327390001030
  • Zoning: R-C - Medium Density

Multi Family

  • Number Of Units Total: 18
  • Maintenance Expense: 796.0

Tax Info

  • Tax Annual Amount: 13492.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2022
Sold by
Second Restated Trust
Bought by
Deed Of Trust and Bitting Emily Lockhart
Current Estimated Value
$1,725,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$509,605
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$1,215,655

Purchase Details

Listed on
Jan 4, 2021
Closed on
Feb 22, 2021
Sold by
Gulden Christopher and Gulden Alexander
Bought by
Bny Mellon National Association and Cynthia Lockhart Bolton And Mellon Bk Na
Seller's Agent
ELIZABETH SAVAGE
Brown Harris Stevens of Palm Beach 6598
Buyer's Agent
ELIZABETH SAVAGE
BARRETT WELLES PROPERTY GROUP LLC
List Price
$1,050,000
Sold Price
$1,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%

Purchase Details

Closed on
Jan 5, 2010
Sold by
Pickett John O and Pickett Robin R
Bought by
Gulden Christopher and Gulden Alexandra

Purchase Details

Closed on
May 7, 2004
Sold by
Bugante Albert
Bought by
Pickett John O and Pickett Robin R

Purchase Details

Closed on
Sep 15, 2003
Sold by
Potym Igor
Bought by
Bugante Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.33%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 14, 1997
Sold by
Williams Richard L
Bought by
Potym Igor
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
Deed Of Trust -- None Listed On Document
Bny Mellon National Association $1,050,000 Attorney
Gulden Christopher $575,000 Attorney
Pickett John O $340,000 --
Bugante Albert $340,000 --
Potym Igor $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deed Of Trust $550,000
Previous Owner Bugante Albert $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2021 02/22/21 Sold $1,050,000 0.0% $894 / Sq Ft
02/22/2021 02/22/21 Sold $1,050,000 0.0% $894 / Sq Ft View Prior Sale
02/19/2021 02/19/21 Pending -- -- --
01/23/2021 01/23/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $1,050,000 -4.5% $894 / Sq Ft
12/17/2020 12/17/20 For Sale $1,100,000 -- $936 / 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 $16,873 $1,100,000 -- --
2023 $17,135 $1,039,500 $0 $0
2022 $15,943 $945,000 $0 $0
2021 $14,295 $800,000 $0 $800,000
2020 $14,054 $765,000 $0 $765,000
2019 $14,013 $765,000 $0 $765,000
2018 $12,850 $765,000 $0 $765,000
2017 $12,451 $750,000 $0 $0
2016 $10,895 $550,000 $0 $0
2015 $10,200 $500,000 $0 $0
2014 $10,317 $500,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-2205

APN: 50-43-43-27-39-000-1030