$1,050,000
SOLD FEB 22, 2021

401 Peruvian Ave Unit 1030 Palm Beach, FL 33480

2 Beds
2 Baths
1,175 Sq Ft
$796/mo HOA Fee

Recently Sold

$894 Per Sq Ft

5% Below List Price

36 Days on Market

Highlights

  • Marble Flooring
  • Community Pool
  • Central Heating and Cooling System
  • Palm Beach Public School Rated A-
  • Home Security System

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 PB License #3067550 Listed on: 12/17/2020

Brown Harris Stevens of PB

Last Buyer's Agent

ELIZABETH SAVAGE

Brown Harris Stevens of PB License #3067550 Listed on: 12/17/2020

Brown Harris Stevens of PB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,054

Year Built

  • Built in 1963

HOA Fees

  • $796 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Interior Spaces

  • 1,175 Sq Ft Home
  • 4-Story Property
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434327390001030

Community Details

Overview

  • Association fees include cable TV
  • 18 Units
  • Peruvian Terrace Condo Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,054

Year Built

Built in 1963

Lot Details

0

HOA Fees

$796 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Okeechobee East to Palm Beach, on Cocoanut Row head South, Peruvian Ave is one street North of Worth Ave.
  • Year Built: 1963
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble, Wood
  • Living Area: 1175.0
  • Stories: 4

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: 796.0
  • Community Features: Non-Gated, Pool, Street Lights
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV

Lot Info

  • Parcel #: 50434327390001030
  • Zoning Description: R-C

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 14054.0

Multi Family

  • Number Of Units In Community: 18

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
Total Days on Market
36
Current Estimated Value
$1,799,891

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
$514,869
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$1,285,022

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
13.29%

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $1,050,000 Attorney
Warranty Deed $575,000 Attorney
Warranty Deed $340,000 --
Warranty Deed $340,000 --
Warranty Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 New Conventional
Previous Owner $340,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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: 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 $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: BeachesMLS

MLS Number: R10679039

BeachesMLS

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