NOT LISTED FOR SALE

429 Australian Ave Unit 7 Palm Beach, FL 33480

Estimated Value: $2,573,000 - $3,182,000

2 Beds
2 Baths
1,686 Sq Ft
$1,609/mo HOA Fee

Last Sold August 21, 2020

Last sale price $1,550,000 $919 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $17,976/month

25 Days on Market

Highlights

  • Doorman
  • Marble Flooring
  • Elevator
  • Palm Beach Public School Rated A-
  • Community Pool
  • Built-In Features

About This Home

As of August 2020

This bright 2-bedroom, 2-bath apartment offers 2,000+/- total square feet with a spacious wrap-around balcony. The living and dining area, as well as both bedrooms, open to the balcony through the floor-to-ceiling hurricane impact sliding glass doors. The kitchen has stainless steel appliances, ample storage and a service entrance. The master bedroom has 2 walk-in closets and a large bathroom. This wonderful in-town building is located only 3 blocks from Worth Avenue and is in close proximity to the Lake Trail, the Ocean, restaurants and shopping. Building amenities include a doorman, off-street parking, pool, 2 storage rooms, and a laundry room.

Last Agent to Sell the Property

Todd Peter

Sotheby's Intl. Realty, Inc. License #3049697 Listed on: 06/26/2020

Sotheby's Intl. Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,914

Year Built

  • Built in 1974

Lot Details

  • 0.8

HOA Fees

  • $1,609 Monthly HOA Fees

Interior Spaces

  • 1,686 Sq Ft Home
  • 3-Story Property
  • Built-In Features

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Over 1 Space Per Unit
  • Covered Parking
  • Guest Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434327430000070

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, parking, pool(s), roof, water
  • Australian Of Palm Beach Subdivision

Amenities

  • Doorman
  • Elevator

Recreation

  • Community Pool

Security

  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,914

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,609 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From I-95 exit Okeechobee Blvd Go East to Left S. Flagler Dr to Right onto the Royal Park Bridge, Then Right onto S Lake Dr, Left onto Australian Ave Building will be on the Left.
  • Year Built: 1974
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble, Wood
  • Living Area: 1686.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 3

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Covered, Guest, Two or More Spaces

Utilities

  • Security: Door Man, Phone Entry
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1609.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Parking, Pool(s), Roof, Water

Lot Info

  • Parcel #: 50434327430000070
  • Zoning Description: R-C(ci

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 14914.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 21, 2020
Sold by
Johnson Thomas K and Jpmorgan Chase Bank Na
Bought by
Mccracken Caroll M
Seller's Agent
Todd Peter
Sotheby's Intl. Realty, Inc.
List Price
$1,650,000
Sold Price
$1,550,000
Premium/Discount to List
-$100,000
-6.06%
Current Estimated Value
$2,905,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,355,957
Avg. Annual Appreciation
12.98%

Purchase Details

Closed on
Apr 24, 2014
Sold by
Breyer Henry W and Breyer Joanne
Bought by
Breyer Henry W

Purchase Details

Closed on
Feb 2, 1996
Sold by
Monroe Harry and Monroe Mary J
Bought by
Muscarelle Joseph L and Muscarelle Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
7.2%
Mortgage Type
New Conventional
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
Mccracken Caroll M $1,550,000 Premier Title Company Ltd
Breyer Henry W -- Attorney
Muscarelle Joseph L $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muscarelle Joseph L $132,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $1,550,000 -6.1% $919 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $1,650,000 -- $979 / Sq Ft
Source: BeachesMLS

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 $12,070 $825,009 -- --
2023 $11,786 $800,980 $0 $0
2022 $11,852 $777,650 $0 $0
2021 $12,055 $755,000 $0 $0
2020 $20,240 $1,200,000 $0 $1,200,000
2019 $14,972 $901,546 $0 $0
2018 $14,221 $884,736 $0 $0
2017 $14,215 $866,539 $0 $0
2016 $14,012 $848,716 $0 $0
2015 $14,488 $842,816 $0 $0
2014 $14,555 $836,127 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Todd Peter

    Sotheby's Intl. Realty, Inc.

    (561) 659-3555

    72 Total Sales

    Todd Peter
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Map

Source: BeachesMLS

MLS Number: R10634022

BeachesMLS

APN: 50-43-43-27-43-000-0070

Florida Palm Beach County Palm Beach 33480

429 Australian Ave Unit 7, Palm Beach, FL

This home is located at 429 Australian Ave Unit 7, Palm Beach, FL 33480 since 26 June 2020 and is currently estimated at $2,905,957, approximately $1,723 per square foot. This property was built in 1974. 429 Australian Ave Unit 7 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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