NOT LISTED FOR SALE

425 Worth Ave Unit 4b Palm Beach, FL 33480

Estimated Value: $5,208,000 - $6,909,000

3 Beds
3 Baths
2,762 Sq Ft
$2,162/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $4,250,000 $1,539 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $39,860/month

69 Days on Market

Highlights

  • Doorman
  • Lake Front
  • Balcony
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Living Room

About This Home

As of January 2019

FIRST TIME ON THE MARKET- PRESTIGIOUS WORTH AVENUE CO-OP... Amazing Direct intracoastal views..Elegant classic 3 bedroom, 3 bath/2,750, sq. ft.(3rd bedroom perfect for children/staff or office) English Regency paneled living room, crown molding, high ceilings... small pet OK.

Last Agent to Sell the Property

Linda R Olsson

Linda R. Olsson Inc. License #BK432027 Listed on: 10/30/2018

Last Buyer's Agent

ALISON NEWTON

THE FITE GROUP

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $53,532

Year Built

  • Built in 1971

Lot Details

  • Lake Front
  • Property fronts an intracoastal waterway
  • Home has North and South Exposure

HOA Fees

  • $3,049 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 2,762 Sq Ft Home
  • Living Room
  • Dining Room
  • Storage
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 50434327680004020

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 27 Units
  • The Villas Community
  • On-Site Maintenance
  • 5-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Pet Policy

  • Small pets allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$53,532

Year Built

Built in 1971

Lot Details

0

HOA Fees

$3,049 per month

Listing Details

  • Property Sub Type: Co-op
  • Prop. Type: Condo/Co-Op
  • Directions: Worth Avenue 4th block
  • Building Name: The Villas
  • Year Built: 1971
  • Location Tax Legal:Name of Building: The Villas
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 53532.15
  • Location Tax Legal:Tax Year2: 2017
  • General Property Description:Living Area: 2762.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 9146.46
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 27
  • General Property Description:_pound_ Floors: 5.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:South2: 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:Door Person: 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
  • Floors:Hardwood: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Lakefront2: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Waterfront-Unit:Lakefront3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Amenities: Storage, Pantry
  • Living Area: 2762.0
  • Stories: 5
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront: Yes
  • Exterior Features: Balcony, Elevator, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • Parking:Garage2: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Co-Op Association: Yes

Fee Information

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

Lot Info

  • Parcel #: 50434327680004020
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 27
  • Maintenance Expense: 9146.46

Tax Info

  • Tax Annual Amount: 53532.15
  • Tax Year: 2017
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Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Sold $4,250,000 0.0% $1,539 / Sq Ft
01/07/2019 01/07/19 Pending -- -- --
10/30/2018 10/30/18 For Sale $4,250,000 -- $1,539 / 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 $52,504 $3,648,505 -- --
2024 $52,504 $3,545,680 -- --
2023 $52,751 $3,442,408 $0 $0
2022 $53,017 $3,342,144 $0 $0
2021 $53,841 $3,244,800 $0 $0
2020 $54,445 $3,200,000 $0 $0
2019 $60,734 $3,700,000 $0 $3,700,000
2018 $58,238 $4,100,000 $0 $4,100,000
2017 $53,532 $3,600,000 $0 $0
2016 $45,520 $2,475,000 $0 $0
2015 $42,409 $2,250,000 $0 $0
2014 $42,929 $2,250,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-2080

APN: 50-43-43-27-68-000-4020