NOT LISTED FOR SALE

414 Australian Ave Palm Beach, FL 33480

Estimated Value: $7,422,000 - $12,940,692

6 Beds
6.5 Baths
5,519 Sq Ft
$1,751/Sq Ft Est. Value

Last Sold June 12, 2014

Last sale price $5,225,000 $947 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $56,689/month

125 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • No HOA
  • Palm Beach Public School Rated A-
  • Garden View
  • Formal Dining Room

About This Home

As of June 2014

Magnificient 6BR/6.5BA (3BR's in main house; 3BR's in guest house) in-town Palm Beach compound with attractive pool, patio/loggia. Exquisite detail with high ceilings, impact windows, gourmet kitchen, and lovely gardens. Close to restaurants, shopping, and beaches.

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

The Corcoran Group

Last Buyer's Agent

Christian Angle

Christian Angle Real Estate License #703536

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,550

Year Built

  • Built in 1935

Lot Details

  • Lot Dimensions are 75 x 125
  • North Facing Home
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Property Views

  • Garden
  • Pool

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 5,519 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Decorative Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Royal Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434323050050380

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,550

Year Built

Built in 1935

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Royal Palm Way to S. Lake Drive, 2nd Left Australian.
  • Year Built: 1935
  • Architectural Style: Other, Traditional
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Sitting Area in Primary, Storage, Upper Level Primary
  • Furnished: Partially
  • Appliances: Dryer, Dishwasher, Disposal, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Living Area: 5519.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Garden, Pool
  • Fencing: Fenced
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Covered, Open, Patio, Balcony
  • Property Condition: Resale
  • Roof: Concrete, Tile

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community Features: Sidewalks
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434323050050380
  • Lot Size: 75 x 125
  • Mobile Dim Units: Feet
  • Zoning: SFR

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 41550.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2013
Closed on
Jun 11, 2014
Sold by
Dalenberg David D and Dalenberg Sharon R
Bought by
Cowie Christopher B and Cowie Susan O
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$5,650,000
Sold Price
$5,225,000
Premium/Discount to List
-$425,000
-7.52%
Current Estimated Value
$9,663,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,438,564
Avg. Annual Appreciation
5.36%
Original Mortgage
$3,000,000
Outstanding Balance
$2,073,245
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$7,590,319

Purchase Details

Listed on
Mar 6, 2012
Closed on
May 2, 2013
Sold by
Mortara Virginia
Bought by
Dalenberg David D and Dalenberg Sharon R
Seller's Agent
Chris Deitz
Compass Florida LLC
Buyer's Agent
Laurie Barfield
The Keyes Company - Stuart
List Price
$5,400,000
Sold Price
$4,650,000
Premium/Discount to List
-$750,000
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.98%
Original Mortgage
$487,500
Interest Rate
3.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 16, 2005
Sold by
Rowan Mark M
Bought by
Mortara Virginia

Purchase Details

Closed on
Jul 30, 2002
Sold by
Mullray Janet Kelly and Rowan Lee M
Bought by
Rowan Mark M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.16%

Purchase Details

Closed on
Jul 16, 1997
Sold by
Carpenter Susan B
Bought by
Rowan Mark M and Rowan Lee M
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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Purchase History

Date Buyer Sale Price Title Company
Cowie Christopher B $5,225,000 Attorney
Dalenberg David D $4,650,000 Attorney
Mortara Virginia $3,575,000 Harbor Title Lc
Rowan Mark M -- --
Rowan Mark M $596,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cowie Christopher B $3,000,000
Previous Owner Dalenberg David D $487,500
Previous Owner Dalenberg David D $3,000,000
Previous Owner Rowan Mark M $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2014 06/12/14 Sold $5,225,000 -7.5% $947 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
12/19/2013 12/19/13 For Sale $5,650,000 +21.5% $1,024 / Sq Ft
05/31/2013 05/31/13 Sold $4,650,000 -13.9% $843 / Sq Ft View Prior Sale
05/01/2013 05/01/13 Pending -- -- --
03/07/2012 03/07/12 For Sale $5,400,000 -- $978 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $76,901 $5,297,032 -- --
2024 $76,901 $5,147,747 -- --
2023 $75,310 $4,997,813 $0 $0
2022 $75,430 $4,852,246 $0 $0
2021 $76,627 $4,710,918 $0 $0
2020 $76,803 $4,645,876 $0 $0
2019 $76,673 $4,541,423 $0 $0
2018 $72,813 $4,456,745 $0 $0
2017 $72,891 $4,365,078 $0 $0
2016 $73,767 $4,275,297 $0 $0
2015 $76,180 $4,245,578 $0 $0
2014 $60,154 $3,267,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10002225

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-23-05-005-0380

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