NOT LISTED FOR SALE

401 Peruvian Ave Unit 3050 Palm Beach, FL 33480

Estimated Value: $939,000 - $1,290,000

1 Bed
1 Bath
595 Sq Ft
$1,869/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $995,000 $1,672 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,486/month

2 Days on Market

Highlights

  • Gas Heated Pool
  • Balcony
  • Tile Flooring
  • Palm Beach Public School Rated A-
  • Resident Manager or Management On Site
  • Central Heating and Cooling System

About This Home

As of February 2024

Boutique art-deco building one block from Worth Avenue - move in ready apartment with light from three exposures overlooking the pool
Best value in mid-town!

Last Agent to Sell the Property

PAIGE ROBINSON

Robinson Realty & Property Management, Inc. License #BK-183516 Listed on: 01/18/2024

Last Buyer's Agent

PAIGE ROBINSON

Robinson Realty & Property Management, Inc. License #BK-183516 Listed on: 01/18/2024

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $8,627

Year Built

  • Built in 1963

Lot Details

  • Home has sun exposure from multiple directions
  • Sprinkler System

HOA Fees

  • $753 Monthly HOA Fees

Interior Spaces

  • 595 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Dining Area
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 1 Parking Space
  • Open Parking

Pool

  • Gas Heated Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 50434327390003050

Community Details

Overview

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

Amenities

  • Common Area
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$8,627

Year Built

Built in 1963

Lot Details

0

HOA Fees

$753 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Peruvian Terrace
  • 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: 8626.56
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 2259.28
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 17
  • General Property Description:_pound_ Floors: 4.0
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Microwave: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Pool:Heated - Gas: Yes
  • Laundry:Laundry in Building: Yes
  • Exposure of Unit:West2: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range - Electric
  • Total Bedrooms: 1
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 4
  • Interior Features:Smoke Alarms: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Fresh Water, Heated Gas
  • Pool Private: Yes
  • Waterfront: No
  • Exterior Features: Balcony, Sprinkler System, Elevator
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Elevator2: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • Parking:Open Parking: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Smoke Alarms, Other Security
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

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

Lot Info

  • Parcel #: 50434327390003050
  • Zoning: R-C - Medium Density Residential

Rental Info

  • Pets Other: Board approved

Multi Family

  • Number Of Units Total: 17
  • Maintenance Expense: 2259.28

Tax Info

  • Tax Annual Amount: 8626.56
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Feb 12, 2024
Sold by
Garthune James C and Garthune Marie
Bought by
Lowe David Blackwell
Seller's Agent
PAIGE ROBINSON
Robinson Realty & Property Management, Inc.
Buyer's Agent
PAIGE ROBINSON
Robinson Realty & Property Management, Inc.
List Price
$995,000
Sold Price
$995,000
Views
34
Current Estimated Value
$1,112,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,224
Avg. Annual Appreciation
6.17%

Purchase Details

Closed on
Mar 5, 2015
Sold by
Hessler Dallas
Bought by
Garthune James C and Dulaney Marie

Purchase Details

Closed on
Jun 10, 2004
Sold by
Sadeca Realty Llc
Bought by
Hessler Dallas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2002
Sold by
Buffett James W
Bought by
Sadeca Realty Llc

Purchase Details

Closed on
Jul 10, 2001
Sold by
Gregory Moross M and Beth R Moross M
Bought by
Buffett James W 1990 Trust

Purchase Details

Closed on
Jan 24, 2001
Sold by
Rusk Brian D
Bought by
Rabinowitz Beth A and Moross Gregory S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,200
Interest Rate
7.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lowe David Blackwell $995,000 Premier Title
Lowe David Blackwell $995,000 Premier Title
Garthune James C $400,000 None Available
Hessler Dallas $255,000 Premier Title Company Ltd
Sadeca Realty Llc -- --
Buffett James W 1990 Trust $205,000 --
Rabinowitz Beth A $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hessler Dallas $229,500
Previous Owner Rabinowitz Beth A $142,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2024 02/12/24 Sold $995,000 0.0% $1,672 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $995,000 -- $1,672 / 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
2025 $10,670 $810,000 -- --
2024 $10,670 $625,570 -- --
2023 $9,286 $568,700 $0 $0
2022 $8,627 $517,000 $0 $0
2021 $8,227 $470,000 $0 $470,000
2020 $8,416 $470,000 $0 $470,000
2019 $8,354 $470,000 $0 $470,000
2018 $7,652 $470,000 $0 $470,000
2017 $7,402 $460,000 $0 $0
2016 $6,429 $335,000 $0 $0
2015 $5,908 $292,000 $0 $0
2014 $5,506 $266,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • PAIGE ROBINSON

    Seller's Agent in 2024

    PAIGE ROBINSON

    Robinson Realty & Property Management, Inc.

    (561) 655-8013

    2 Total Sales

    PAIGE ROBINSON
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-118

APN: 50-43-43-27-39-000-3050

Florida Palm Beach County Palm Beach 33480

401 Peruvian Ave Unit 3050, Palm Beach, FL

Not Listed for Sale

Coop

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