NOT LISTED FOR SALE

429 Australian Ave Unit 12 Palm Beach, FL 33480

Estimated Value: $3,190,000 - $4,465,000

3 Beds
3 Baths
2,018 Sq Ft
$1,888/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $1,450,000 $719 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $23,791/month

27 Days on Market

Highlights

  • Doorman
  • Outdoor Pool
  • Stone Flooring
  • Palm Beach Public School Rated A-
  • Balcony
  • Central Heating and Cooling System

About This Home

As of April 2013

This beautifully renovated rare, three bedroom three bath top floor in-town unit is not to be missed. Clean, modern lines and beautiful limestone floors define this spacious and open condo in one of the best boutique buildings in town.

Last Agent to Sell the Property

Todd Peter

Sotheby's International Realty, Inc. License #BK-3049697 Listed on: 03/06/2013

Sotheby's International Realty, Inc.

Co-Listed By

FRANCES PETER

Sotheby's International Realty, Inc. License #3145843

Last Buyer's Agent

ALISON NEWTON

THE FITE GROUP

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $16,234

Year Built

  • Built in 1974

Lot Details

  • 0.8

HOA Fees

  • $1,846 Monthly HOA Fees

Interior Spaces

  • 2,018 Sq Ft Home
  • 3-Story Property
  • Dining Area
  • Stone Flooring
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Open Parking

Pool

  • Outdoor Pool
  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Balcony
  • North Facing Home

Listing and Financial Details

  • Assessor Parcel Number 50434327430000120

Community Details

Overview

  • Association fees include insurance, cable TV, maintenance exterior, trash, pest control, sewer, water
  • 12 Units
  • Australian Community
  • On-Site Maintenance

Amenities

  • Doorman
  • Lobby
  • Elevator

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$16,234

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,846 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Take Okeechobee bridge over to Palm Beach and take the first right onto South Lake Drive. Take left onto Australian Ave.
  • Building Name: Australian
  • Year Built: 1974
  • Location Tax Legal:Name of Building: Australian
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 16234.0
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Living Area: 2018.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 5537.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 12
  • General Property Description:_pound_ Floors: 3.0
  • Pool:Pool3: 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
  • 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
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Pool:Heated Elec: Yes
  • Floors:StoneBrick: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 3
  • Flooring: Stone/Brick
  • Interior Amenities: Smoke Alarms
  • Living Area: 2018.0
  • Stories: 3
  • Interior Features:Smoke Alarms: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Range - Electric: 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, Elevator, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes

Garage/Parking

  • Parking:_two_ Car2: Yes
  • Parking:Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

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

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434327430000120
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 12
  • Maintenance Expense: 5537.0

Tax Info

  • Tax Annual Amount: 16234.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2013
Closed on
Apr 30, 2013
Sold by
Baines Heather U and Mcadams Lloyd
Bought by
Mestanas G Nicholas and Mestanas Nicole
Seller's Agent
Todd Peter
Sotheby's International Realty, Inc.
Buyer's Agent
ALISON NEWTON
THE FITE GROUP
List Price
$1,450,000
Sold Price
$1,450,000
Current Estimated Value
$3,810,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,360,873
Avg. Annual Appreciation
8.06%

Purchase Details

Closed on
Feb 10, 2011
Sold by
Sanchez Judith
Bought by
Baines Heather U

Purchase Details

Closed on
Aug 29, 1996
Sold by
Reinus Foy Y
Bought by
Reinus Foy Y
Source: Public Records

Range of Values:

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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
Mestanas G Nicholas $1,345,000 Pinnacle Land & Title Inc
Baines Heather U $965,000 Symphony Title Insurance Age
Reinus Foy Y $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2013 04/30/13 Sold $1,450,000 0.0% $719 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $1,450,000 -- $719 / 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
2024 $21,600 $1,484,754 -- --
2023 $21,155 $1,441,509 $0 $0
2022 $21,174 $1,399,523 $0 $0
2021 $21,503 $1,358,760 $0 $0
2020 $21,547 $1,340,000 $0 $1,340,000
2019 $22,006 $1,340,000 $0 $1,340,000
2018 $20,912 $1,317,090 $0 $0
2017 $20,922 $1,290,000 $0 $0
2016 $21,602 $1,290,000 $0 $0
2015 $21,574 $1,133,000 $0 $0
2014 $18,790 $1,030,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Todd Peter

    Sotheby's International Realty, Inc.

    (561) 659-3555

    72 Total Sales

    Todd Peter
    Section Image

  • F

    Seller Co-Listing Agent in 2013

    FRANCES PETER

    Sotheby's International Realty, Inc.

    (561) 797-2427

    31 Total Sales

    FRANCES PETER
    Section Image

  • A

    Buyer's Agent in 2013

    ALISON NEWTON

    THE FITE GROUP

  • M

    Buyer's Agent in 2013

    Mary Newton

    Compass Florida, LLC

    (917) 428-9909

    61 Total Sales

    Mary Newton
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 13-612

APN: 50-43-43-27-43-000-0120

Florida Palm Beach County Palm Beach 33480

429 Australian Ave Unit 12, Palm Beach, FL

This home is located at 429 Australian Ave Unit 12, Palm Beach, FL 33480 since 06 March 2013 and is currently estimated at $3,810,873, approximately $1,888 per square foot. This property was built in 1974. 429 Australian Ave Unit 12 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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