$14,900,000
SOLD JUN 14, 2022

449 Australian Ave Palm Beach, FL 33480

4 Beds
5.5 Baths
3,597 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$4,142 Per Sq Ft

1% Above List Price

1 Day on Market

Highlights

  • Private Pool
  • Marble Flooring
  • Fireplace
  • Palm Beach Public School Rated A-
  • Balcony
  • 1 Car Attached Garage

About This Home

As of March 2024

Lovely Island Style residence built in 2017. Fantastic in town location a few step away from the newly renovated town docks. This 4BR/5.1BA is open and inviting. Light and bright formal living room with stunning coffered ceiling opens to a newly installed automatic louvered covered loggia area with built-in grill. Gourmet chef's eat-in kitchen with top-of-the-line appliances and finishes. The large master suite includes a spacious sitting area, dual baths and dual walk-in closets. Additional highlights include wet bar, elevator, garage, and generator.

Last Agent to Sell the Property

Allison Wren

The Corcoran Group License #3199580 Listed on: 05/13/2022

The Corcoran Group

Last Buyer's Agent

Christine Gibbons

Sotheby's Intl. Realty, Inc. License #682260

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $81,192

Year Built

  • Built in 2017

Lot Details

  • 7,000 Sq Ft Lot
  • Property is zoned R-C(ci

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 3,597 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Fireplace
  • Entrance Foyer

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • Royal Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434323050040090

Home Details

Home Type

Single Family

Est. Annual Taxes

$81,192

Year Built

Built in 2017

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Over to Palm Beach - middle bridge -to Cocoanut Row - south to Australian - lake block
  • Year Built: 2017
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Entrance Foyer, Elevator, Fireplace, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 3597.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434323050040090
  • Lot Size Sq Ft: 7000.0
  • Zoning Description: R-C(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 81192.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Mar 15, 2024
Sold by
449 Australian Llc
Bought by
Southern Mark Llc
Seller's Agent
Michelle Newman
The Corcoran Group
Buyer's Agent
Michelle Newman
The Corcoran Group
List Price
$16,950,000
Sold Price
$15,900,000
Premium/Discount to List
-$1,050,000
-6.19%
Views
177
Current Estimated Value
$11,583,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,316,147
Avg. Annual Appreciation
-19.26%
Original Mortgage
$8,000,000
Outstanding Balance
$7,732,423
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$3,851,430

Purchase Details

Listed on
Nov 22, 2022
Closed on
Dec 5, 2022
Sold by
Ziegler Helen M
Bought by
449 Australian Llc
Seller's Agent
SHELLY NEWMAN
The Corcoran Group
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Sold Price
$300,000
Views
8

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 14, 2022
Sold by
Bray Family Revocable Trust
Bought by
Ziegler Helen M
Seller's Agent
Allison Wren
The Corcoran Group
Buyer's Agent
Christine Gibbons
Sotheby's Intl. Realty, Inc.
List Price
$14,750,000
Sold Price
$14,900,000
Premium/Discount to List
$150,000
1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.50%

Purchase Details

Listed on
Sep 19, 2019
Closed on
Mar 6, 2020
Sold by
Tauro Adrian
Bought by
Bray Bennie M and Bray Stephanie C
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
SUZANNE FRISBIE
MCCANN COYNER CLARKE
List Price
$5,809,450
Sold Price
$5,809,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.43%
Original Mortgage
$4,800,000
Interest Rate
3.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 8, 2017
Closed on
Jan 26, 2018
Sold by
Cushing Investments Llc
Bought by
Tauro Adrian
Seller's Agent
Bill Yahn
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$5,375,000
Sold Price
$5,375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%

Purchase Details

Closed on
Sep 1, 2015
Sold by
449 Australian Avenue Llc
Bought by
Cushing Investments Llc

Purchase Details

Closed on
Aug 15, 2007
Sold by
Myers Edwin R and Myers Richard P
Bought by
449 Australian Avenue Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $15,900,000 None Listed On Document
Warranty Deed -- --
Warranty Deed $14,900,000 Jones Foster Pa
Warranty Deed $5,809,450 Attorney
Warranty Deed $5,375,000 Attorney
Warranty Deed $1,532,855 Attorney
Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,000,000 New Conventional
Previous Owner $4,800,000 Unknown
Previous Owner $2,000,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $15,900,000 -5.1% $4,420 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/14/2024 02/14/24 Price Changed $16,750,000 -1.2% $4,657 / Sq Ft
11/28/2023 11/28/23 For Sale $16,950,000 0.0% $4,712 / Sq Ft
12/08/2022 12/08/22 Rented $300,000 +275.0% --
11/22/2022 11/22/22 For Rent $80,000 0.0% --
06/14/2022 06/14/22 Sold $14,900,000 +1.0% $4,142 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $14,750,000 +153.9% $4,101 / Sq Ft
03/06/2020 03/06/20 Sold $5,809,450 0.0% $1,615 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $5,809,450 +8.1% $1,615 / Sq Ft
01/29/2018 01/29/18 Sold $5,375,000 0.0% $1,266 / Sq Ft
12/07/2017 12/07/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $5,375,000 -- $1,266 / 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 $184,175 $11,610,500 -- --
2023 $159,907 $10,555,000 $3,822,000 $6,733,000
2022 $98,072 $5,397,785 $0 $0
2021 $81,192 $4,907,077 $2,310,000 $2,597,077
2020 $75,999 $4,513,652 $2,100,000 $2,413,652
2019 $71,226 $4,136,402 $1,900,000 $2,236,402
2018 $56,613 $3,577,238 $2,149,078 $1,428,160
2017 $30,899 $1,953,707 $1,953,707 $0
2016 $33,727 $1,896,803 $0 $0
2015 $31,119 $1,652,720 $0 $0
2014 $28,822 $1,502,524 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10799895

BeachesMLS

APN: 50-43-43-23-05-004-0090