NOT LISTED FOR SALE

Estimated Value: $2,141,000 - $3,391,000

4 Beds
4 Baths
3,997 Sq Ft
$635/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $945,000 $236 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $16,336/month

51 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Garage
  • East Facing Home
  • Central Heating and Cooling System
  • Central Vacuum
  • 3-minute walk to Gulfstream Park

About This Home

As of May 2012

Spacious unit boasts high quality details and luxurious finishes. Mahogany doors throughout, first floor living, dining and kitchen areas plus additional 2nd floor casual living space complete with mini-kitchen, bar, and two en suite bedrooms. Master suite, private elevator, stone floors, impact doors and windows. Panoramic ocean and golf course views.

Last Agent to Sell the Property

ELIZABETH COOKE

The Corcoran Group License #609213 Listed on: 03/21/2012

Last Buyer's Agent

JENNIFER KILPATRICK

The Corcoran Group License #SL-20015855

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $11,938

Year Built

  • Built in 2009

Lot Details

  • 1

HOA Fees

  • $1,539 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 3,997 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Dining Area

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • East Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00434534000020180

Community Details

Overview

  • 3 Units
  • Ocean Avenue Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$11,938

Year Built

Built in 2009

Lot Details

0

HOA Fees

$1,539 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Woolbright to A1A, 7/10 mile south.
  • Building Name: Ocean Avenue
  • Year Built: 2009
  • Location Tax Legal:Name of Building: Ocean Avenue
  • Location Tax Legal:Zoned: RH
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 11938.0
  • Location Tax Legal:Tax Year2: 2011
  • General Property Description:Living Area: 3997.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 1539.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 3
  • General Property Description:_pound_ Floors: 3.0
  • Exposure of Unit:East2: 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
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Pets:Pets Allowed: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave, Washer, Dryer, Central Vac System, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, W/W Carpeting
  • Living Area: 3997.0
  • Stories: 3
  • Appliances Dishwasher: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Central Vac System: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_two_ Car2: Yes

Utilities

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

Association/Amenities

  • Restrictions:Condo Association: Yes

Lot Info

  • Development Status: Land Owned
  • Parcel #: 00434534000020180
  • Zoning: RH

Rental Info

  • Pets Other: Up to 2 pets

Multi Family

  • Number Of Units Total: 3
  • Maintenance Expense: 1539.0

Tax Info

  • Tax Annual Amount: 11938.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2012
Closed on
May 25, 2012
Sold by
First Tennessee Bank Na
Bought by
Hogan John F
Seller's Agent
ELIZABETH COOKE
The Corcoran Group
Buyer's Agent
JENNIFER KILPATRICK
The Corcoran Group
List Price
$945,000
Sold Price
$945,000
Current Estimated Value
$2,538,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,593,700
Avg. Annual Appreciation
8.52%

Purchase Details

Closed on
Apr 20, 2010
Sold by
Ocean Avenue Llc
Bought by
First Tennessee Bank Na

Purchase Details

Closed on
Jul 18, 2005
Sold by
Poehls Brian and Poehls Susan
Bought by
Ocean Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 23, 1996
Sold by
Winnie A Neubauer Tr
Bought by
Poehls Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.36%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 20, 1995
Sold by
Clerk Circuit Court
Bought by
Neubauer Winnie
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
Hogan John F $945,000 Attorney
First Tennessee Bank Na $1,800,000 Attorney
Ocean Avenue Llc $1,250,000 Ocean City Title Company Inc
Poehls Brian $240,000 --
Neubauer Winnie $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ocean Avenue Llc $3,640,000
Previous Owner Ocean Avenue Llc $480,000
Previous Owner Poehls Brian $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2012 05/25/12 Sold $945,000 0.0% $236 / Sq Ft
05/25/2012 05/25/12 Sold $945,000 0.0% $236 / Sq Ft
05/11/2012 05/11/12 Pending -- -- --
04/25/2012 04/25/12 Pending -- -- --
03/21/2012 03/21/12 For Sale $945,000 -5.0% $236 / Sq Ft
02/16/2012 02/16/12 For Sale $995,000 -- $249 / 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 $16,675 $1,080,000 -- --
2023 $16,803 $1,078,900 $0 $1,078,900
2022 $17,214 $1,078,920 $0 $0
2021 $15,822 $925,000 $0 $925,000
2020 $15,454 $890,000 $0 $890,000
2019 $15,296 $865,000 $0 $865,000
2018 $14,986 $865,000 $0 $865,000
2017 $15,328 $855,000 $0 $0
2016 $16,208 $874,500 $0 $0
2015 $15,629 $795,000 $0 $0
2014 $14,919 $795,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-739

APN: 20-43-45-34-48-000-0010