NOT LISTED FOR SALE

401 Peruvian Ave Unit 4030 Palm Beach, FL 33480

Estimated Value: $952,000 - $2,256,000

2 Beds
2 Baths
1,025 Sq Ft
$1,645/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $830,000 $810 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $11,519/month

15 Days on Market

Highlights

  • Outdoor Pool
  • Balcony
  • Home Security System
  • Palm Beach Public School Rated A-
  • Resident Manager or Management On Site
  • Tile Flooring

About This Home

As of June 2016

TENANT OCCUPIED - NEED 48 HOURS TO SHOW

Penthouse apartment in quiet mid-town building -- excellent location, completely renovated.

Last Agent to Sell the Property

PAIGE ROBINSON

Robinson Realty & Property Management, Inc. License #BK-183516 Listed on: 04/15/2016

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $8,244

Year Built

  • Built in 1963

Lot Details

  • 0.29

HOA Fees

  • $1,050 Monthly HOA Fees

Interior Spaces

  • 1,025 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Dining Area
  • Tile Flooring
  • Home Security System

Kitchen

  • Single Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Open Parking

Pool

  • Outdoor Pool
  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 50434327390004030

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

Pet Policy

  • Pet Restriction
  • Small pets allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$8,244

Year Built

Built in 1963

Lot Details

0

HOA Fees

$1,050 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: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 8244.04
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 3149.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 17
  • General Property Description:_pound_ Floors: 4.0
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Security System: 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
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Pets:Pet Type: Both
  • Maintenance Includes:Cable TV: Yes
  • Pool:Heated Elec: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Cable, Ceiling Fan
  • Stories: 4
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes
  • Parking:Open Parking: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • 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

  • Development Status: Land Owned
  • Parcel #: 50434327390004030
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 17
  • Maintenance Expense: 3149.0

Tax Info

  • Tax Annual Amount: 8244.04
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2019
Sold by
Montouri Elisabeth Allyn and Montouri Anne Kendall
Bought by
Montouri Elisabeth Allyn
Total Days on Market
15
Current Estimated Value
$1,685,846

Purchase Details

Listed on
Apr 15, 2016
Closed on
Jun 20, 2016
Sold by
Mastruzzo Gesualdo
Bought by
Montouri Elisabeth Allyn and Montouri Anne Kendall
Seller's Agent
PAIGE ROBINSON
Robinson Realty & Property Management, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$830,000
Sold Price
$830,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%

Purchase Details

Closed on
Mar 15, 2011
Sold by
Feldkamp William P
Bought by
Mastruzzo Gesualdo

Purchase Details

Closed on
Oct 16, 2003
Sold by
B & T Realty Inc
Bought by
Feldkamp William P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2002
Sold by
Wakeman Ii Rufus
Bought by
B & T Realty Inc

Purchase Details

Closed on
Jul 30, 1999
Sold by
Pr Katherine C Regan
Bought by
Wakeman Ii Rufus
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 Buyer Sale Price Title Company
Montouri Elisabeth Allyn $415,000 Attorney
Montouri Elisabeth Allyn $830,000 None Available
Mastruzzo Gesualdo $455,000 Attorney
Feldkamp William P $410,000 Anchor Title Company
B & T Realty Inc $325,000 --
Wakeman Ii Rufus $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feldkamp William P $100,000
Previous Owner Feldkamp William P $50,000
Previous Owner Feldkamp William P $322,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2016 06/20/16 Sold $830,000 0.0% $810 / Sq Ft
04/30/2016 04/30/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $830,000 0.0% $810 / Sq Ft
09/14/2015 09/14/15 Rented $5,250 0.0% --
08/15/2015 08/15/15 Under Contract -- -- --
08/04/2015 08/04/15 For Rent $5,250 -- --
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 $12,609 $854,225 -- --
2023 $12,978 $829,345 $0 $0
2022 $13,037 $805,189 $0 $0
2021 $13,032 $730,000 $0 $730,000
2020 $12,838 $700,000 $0 $700,000
2019 $13,093 $700,000 $0 $700,000
2018 $12,626 $700,000 $0 $700,000
2017 $12,664 $685,000 $0 $0
2016 $8,919 $438,900 $0 $0
2015 $8,244 $399,000 $0 $0
2014 $8,338 $399,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-913

APN: 50-43-43-27-39-000-4030