NOT LISTED FOR SALE

414 Australian Ave Palm Beach, FL 33480

Palm Beach Area

Estimated Value: $8,967,000 - $12,070,660

6 Beds
6.5 Baths
5,519 Sq Ft
$1,906/Sq Ft Est. Value

Sale Details

Date Sold: June 12, 2014

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

Est. 101% increase in value since last sale

Current estimated payment $63,722 / mo

125 Days on Market

Highlights

  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Traditional Architecture
  • Garden View

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.

Last Agent to Sell the Property

Paulette Koch

The Corcoran Group License #3068398 Listed on: 12/19/2013

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

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
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Property Views

  • Garden
  • Pool

Home Design

  • Traditional Architecture
  • Tile Roof
  • Concrete Roof

Interior Spaces

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

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered Patio or Porch
  • Outdoor Living Area

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2013
Closed on
Jun 11, 2014
Sold by
Bought by
Seller's Agent
Paulette Koch
The Corcoran Group
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
$10,518,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,293,830
Avg. Annual Appreciation
5.95%
Original Mortgage
$3,000,000
Interest Rate
0.0225%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 6, 2012
Closed on
May 2, 2013
Sold by
Bought by
Seller's Agent
Chris Deitz
Compass Florida LLC
Buyer's Agent
Paulette Koch
The Corcoran Group
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
0.0342%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 16, 2005
Sold by
Bought by

Purchase Details

Closed on
Jul 30, 2002
Sold by
Bought by

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
0.0516%

Purchase Details

Closed on
Jul 16, 1997
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,225,000 Attorney
$4,650,000 Attorney
$3,575,000 Harbor Title Lc
-- --
$596,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,000,000
Previous Owner $487,500
Previous Owner $3,000,000
Previous Owner $1,400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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