NOT LISTED FOR SALE

701 S Olive Ave Unit 2113 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $1,666,979 - $2,394,000

3 Beds
3 Baths
1,867 Sq Ft
$835/mo HOA Fee

Last Sold April 19, 2013

Last sale price $775,000 $415 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $13,876/month

68 Days on Market

Highlights

  • Ocean View
  • Clubhouse
  • Marble Flooring
  • Fitness Center
  • Roman Tub
  • 3-minute walk to Trinity Park

About This Home

As of April 2013

Phenominal Panoramic Views of Downtown WPB, Intracoastal, Breakers Resort, and the Ocean from this top level PENTHOUSE. Three bedrooms, three full baths, balcony from great room, guest bedroom, and another balcony from the private Master Suite. All the features and finishes you expect from a TWO CITY PLAZA PENTHOUSE! Ready for you this season.

Last Listed By

Christine Kostelnik

Lang Realty License #670971 Listed on: 01/10/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,380

Year Built

  • Built in 2008

Lot Details

  • 1

HOA Fees

  • $835 Monthly HOA Fees

Property Views

  • Ocean
  • Intracoastal

Interior Spaces

  • 1,867 Sq Ft Home
  • High Ceiling
  • Great Room
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Stacked Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Roman Tub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Exterior Lighting
  • North Facing Home

Listing and Financial Details

  • Assessor Parcel Number 74434322410002113

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, parking, sewer, security, trash, water
  • 467 Units
  • High-Rise Condominium
  • Two City Plaza Subdivision
  • 21-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Bike Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Security

  • Security Guard
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,380

Year Built

Built in 2008

Lot Details

0

HOA Fees

$835 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I95 East on Okeechobee Blvd. North on S. Olive. Comp valet
  • Year Built: 2008
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Garden Tub/Roman Tub, High Ceilings, Split Bedrooms, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble
  • Living Area: 1867.0
  • Dining Room Type: Great Room
  • Stories: 21

Exterior Features

  • View: Intercoastal, Ocean, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: Yes
  • Parking Features: Assigned, Garage

Utilities

  • Security: Security System, Closed Circuit Camera(s), Key Card Entry, Security Guard, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 835.0
  • Community Features: Clubhouse, Fitness, Park, Pool, Sauna
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Pool, Sauna, Spa/Hot Tub, Storage, Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Parking, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434322410002113
  • Zoning Description: resid

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 16380.0

Multi Family

  • Number Of Units In Community: 467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2013
Closed on
Apr 19, 2013
Sold by
Gallagher Robert and Gallagher Loretta
Bought by
Kmac Holdings Llc
Seller's Agent
Christine Kostelnik
Lang Realty
Buyer's Agent
Patricia Swass
RE/MAX Direct
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%
Total Days on Market
68
Current Estimated Value
$1,941,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,166,745
Avg. Annual Appreciation
7.87%

Purchase Details

Closed on
Oct 28, 2008
Sold by
Kolter City Plaza Ii Inc
Bought by
Gallagher Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

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
Kmac Holdings Llc $775,000 Weston Title & Escrow Inc
Gallagher Robert $922,553 Weston Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallagher Robert $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2013 04/19/13 Sold $775,000 -3.0% $415 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $799,000 -- $428 / 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 $26,067 $1,011,560 -- --
2023 $24,563 $919,600 $0 $0
2022 $18,996 $836,000 $0 $0
2021 $17,484 $760,000 $0 $760,000
2020 $17,767 $765,000 $0 $765,000
2019 $18,934 $775,000 $0 $775,000
2018 $17,918 $785,000 $0 $785,000
2017 $17,907 $775,000 $0 $0
2016 $17,924 $760,000 $0 $0
2015 $18,037 $745,000 $0 $0
2014 $16,993 $695,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Christine Kostelnik

    Lang Realty

  • Patricia Swass

    Buyer's Agent in 2013

    Patricia Swass

    RE/MAX

    (561) 301-6448

    70 Total Sales

    Patricia Swass
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R3336632

BeachesMLS

APN: 74-43-43-22-41-000-2113

Florida Palm Beach County West Palm Beach 33401 Downtown West Palm Beach

701 S Olive Ave Unit 2113, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 701 S Olive Ave Unit 2113, West Palm Beach, FL 33401 since 10 January 2013 and is currently estimated at $1,941,745, approximately $1,040 per square foot. This property was built in 2008. 701 S Olive Ave Unit 2113 is a home located in Palm Beach County with nearby schools including Roosevelt Elementary 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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