NOT LISTED FOR SALE

4501 S Ocean Blvd Unit C7 Palm Beach, FL 33480

Estimated Value: $214,665 - $272,000

1 Bed
1 Bath
792 Sq Ft
1969 Built

Last Sold June 15, 2018

Last sale price $132,500 $167 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,497/month

Highlights

  • Property has ocean access
  • Cooling Available
  • Central Heating
  • Community Pool
  • Ceramic Tile Flooring

About This Home

As of March 2024

Welcome to South Palm Beach Villas.This condominium community is located in a prime location along Palm Beach Island. This unit is located on the 2nd floor and an open and spacious floor plan. This unit has a large Florida room with a view of the nature preserve. Residents of this community enjoy a range of amenities, including private beach access and a swimming pool. The community is near waterfront dining and shopping a new Publix and explore the vibrant local culture and entertainment options. Situated equal distance between Worth Ave in Palm Beach and Atlantic Ave in Delray Beach.

Last Agent to Rent the Property

Guy Buzzelli

Coldwell Banker Realty /Delray Beach License #3288843 Listed on: 11/29/2023

Coldwell Banker Realty /Delray Beach

Last Renter's Agent

Guy Buzzelli

Coldwell Banker Realty /Delray Beach License #3288843 Listed on: 11/29/2023

Coldwell Banker Realty /Delray Beach

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,487

Year Built

  • Built in 1969

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 792 Sq Ft Home
  • Ceramic Tile Flooring

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Property has ocean access

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Property Available on 11/29/23
  • Assessor Parcel Number 62434502020030070

Community Details

Overview

  • South Palm Beach Villas C Subdivision

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,487

Year Built

Built in 1969

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2023-11-29

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1969
  • Entry Level: 2
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Ice Maker, Microwave
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 792.0

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Ocean Access
  • Waterfront: No

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Pets Allowed: No

Lot Info

  • Parcel #: 62434502020030070
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
Jun 15, 2018
Sold by
True Cynthia J
Bought by
Lee Brandon W and Brandon W Lee Trust
Seller's Agent
Diane Balsara
Nautica Realty
Buyer's Agent
Nancy Becker
Inactive Member
List Price
$139,900
Sold Price
$132,500
Premium/Discount to List
-$7,400
-5.29%
Current Estimated Value
$246,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,916
Avg. Annual Appreciation
8.77%

Purchase Details

Closed on
Feb 12, 2011
Sold by
Chiltern Hunt Nigel James and Chiltern Hunt Shirley Jean
Bought by
True Cynthia J

Purchase Details

Closed on
Apr 7, 2005
Sold by
Hanson Richard
Bought by
Chiltern Hunt Nigel James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 10, 2002
Sold by
Cannon Michelle L
Bought by
Hanson Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.65%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 2, 2002
Sold by
Alholinna Asko T and Alholinna Eira
Bought by
Cannon Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,810
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 1998
Sold by
Karppinen Kari A
Bought by
Alholinna Asko T
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lee Brandon W $132,500 North American Title Company
True Cynthia J $93,000 Attorney
Chiltern Hunt Nigel James $185,000 First Fidelity Title Inc
Hanson Richard $85,000 Universal Land Title Inc
Cannon Michelle L $73,000 Universal Land Title Inc
Alholinna Asko T $51,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chiltern Hunt Nigel James $129,500
Previous Owner Hanson Richard $45,000
Previous Owner Cannon Michelle L $70,810
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2024 03/30/24 Rented $1,900 0.0% --
03/04/2024 03/04/24 Under Contract -- -- --
02/07/2024 02/07/24 Price Changed $1,900 -2.6% $2 / Sq Ft
01/30/2024 01/30/24 Price Changed $1,950 -2.5% $2 / Sq Ft
01/22/2024 01/22/24 Price Changed $2,000 -2.4% $3 / Sq Ft
01/09/2024 01/09/24 Price Changed $2,050 -1.2% $3 / Sq Ft
01/05/2024 01/05/24 Price Changed $2,075 -1.2% $3 / Sq Ft
11/29/2023 11/29/23 For Rent $2,100 0.0% --
06/15/2018 06/15/18 Sold $132,500 -5.3% $167 / Sq Ft View Prior Sale
05/16/2018 05/16/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $139,900 -- $177 / 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 $2,487 $144,319 -- --
2023 $3,150 $131,199 $0 $200,423
2022 $2,792 $119,272 $0 $0
2021 $2,359 $108,429 $0 $108,429
2020 $2,317 $105,429 $0 $105,429
2019 $2,229 $98,900 $0 $98,900
2018 $899 $80,313 $0 $0
2017 $883 $78,661 $0 $0
2016 $437 $77,043 $0 $0
2015 $892 $76,507 $0 $0
2014 $889 $75,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10939240

BeachesMLS

APN: 62-43-45-02-02-003-0070