NOT LISTED FOR SALE

429 Australian Ave Unit 2 Palm Beach, FL 33480

Estimated Value: $3,951,000 - $4,046,401

3 Beds
3 Baths
1,989 Sq Ft
$2,018/Sq Ft Est. Value

Last Sold April 27, 2012

Last sale price $975,000 $490 Per Sq Ft

Est. 312% increase in value since last sale

Current estimated payment $26,224/month

83 Days on Market

Highlights

  • Doorman
  • Gas Heated Pool
  • Lanai
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Double Oven

About This Home

As of April 2012

Rarely available 3BR/3BA spacious garden apt in highly desirable boutique building close to Worth Ave. Delightful patio surrounded by palm trees for the perfect outdoor setting. Apt has high ceilings with a gracious floor plan and large walk-in closets in every bedroom. Southern exposure, floor to ceiling sliders and windows for maximum light. Pet friendly bldg with guest suite, large pool,doorman

Last Agent to Sell the Property

HEIDI WICKY

Linda A. Gary Real Estate Listed on: 12/20/2011

Last Buyer's Agent

GARY POHRER

THE CORCORAN GROUP 2435

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $21,475

Year Built

  • Built in 1974

HOA Fees

  • $1,880 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,989 Sq Ft Home
  • 3-Story Property
  • Dining Area
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 50434327430000020

Community Details

Overview

  • Association fees include insurance, cable TV, trash, pest control, water
  • 12 Units
  • Australian Community

Amenities

  • Doorman
  • Laundry Facilities

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$21,475

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,880 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Australian
  • Year Built: 1974
  • Location Tax Legal:Name of Building: Australian
  • Location Tax Legal:Zoned: RC
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 21475.0
  • Location Tax Legal:Tax Year2: 2011
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 5641.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 12
  • General Property Description:_pound_ Floors: 3.0
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Water2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Floors:Parquet: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven-Double, Range - Electric
  • Total Bedrooms: 3
  • Flooring: Hardwood, Parquet, Tile, W/W Carpeting
  • Interior Amenities: Cable
  • Stories: 3
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Patio/Lanai, Storm Shutters
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking:_two_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Door Person
  • 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, Trash, Pest Control, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434327430000020
  • Zoning: RC

Multi Family

  • Number Of Units Total: 12
  • Maintenance Expense: 5641.0

Tax Info

  • Tax Annual Amount: 21475.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2011
Closed on
Apr 27, 2012
Sold by
Moonie Clyde W and Moonie Liana M
Bought by
429 Pb Lc
Seller's Agent
HEIDI WICKY
Linda A. Gary Real Estate
Buyer's Agent
GARY POHRER
THE CORCORAN GROUP 2435
List Price
$975,000
Sold Price
$975,000
Current Estimated Value
$4,014,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,039,467
Avg. Annual Appreciation
11.07%

Purchase Details

Closed on
Nov 2, 2005
Sold by
Levinson Harlan
Bought by
Levinson Randolph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 28, 1994
Sold by
Reed Gordon Peter and Kendall Diana
Bought by
Moonie Clyde W and Moonie Liana M

Purchase Details

Closed on
Nov 1, 1993
Sold by
Avco Finl Svc Fl
Bought by
Monroe Harry and Monroe Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.03%
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
429 Pb Lc $975,000 Attorney
Levinson Randolph -- --
Moonie Clyde W $265,000 --
Monroe Harry $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Levinson Randolph $260,000
Previous Owner Monroe Harry $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2012 04/27/12 Sold $975,000 0.0% $490 / Sq Ft
03/12/2012 03/12/12 Pending -- -- --
12/20/2011 12/20/11 For Sale $975,000 -- $490 / 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 $37,474 $1,816,815 -- --
2023 $31,990 $1,651,650 $0 $0
2022 $25,164 $1,501,500 $0 $0
2021 $22,600 $1,365,000 $0 $1,365,000
2020 $21,889 $1,300,000 $0 $1,300,000
2019 $22,347 $1,300,000 $0 $1,300,000
2018 $21,639 $1,300,000 $0 $1,300,000
2017 $21,212 $1,250,000 $0 $0
2016 $20,395 $1,131,350 $0 $0
2015 $20,186 $1,028,500 $0 $0
2014 $17,446 $935,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 11-2826

APN: 50-43-43-27-43-000-0020