701 S Olive Ave Unit 406 West Palm Beach, FL 33401
Downtown West Palm Beach NeighborhoodEstimated Value: $540,000 - $628,000
1
Bed
1.5
Baths
1,020
Sq Ft
$1,003/mo
HOA Fee
Highlights
- Water Views
- Clubhouse
- Community Pool
- Fitness Center
- Marble Flooring
- 3-minute walk to Trinity Park
About This Home
As of February 2024This spacious 1 bedroom condo in the heart of Downtown showcases a contemporary design with an open floor plan, high ceilings, a fully equipped kitchen and large sliders that provide natural light in the reputable Two City Plaza. The unit itself features a luxurious en-suite bathroom with a separate spa tub and shower. The building in a prime location, offers a range of amenities, including a large rooftop with breathtaking ocean & city views, pool & spa, movie theater, valet, and so much more! Brand new 2023 AC & 2022 water heater.
Last Agent to Sell the Property
Compass Florida LLC License #3387035 Listed on: 12/21/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,764
Year Built
- Built in 2008
Lot Details
- 1
HOA Fees
- $1,003 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Assigned Parking
Interior Spaces
- 1,020 Sq Ft Home
- Marble Flooring
- Water Views
- Washer and Dryer
Kitchen
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- Walk-In Closet
Home Security
Outdoor Features
- Balcony
- Open Patio
Utilities
- Central Heating and Cooling System
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434322410000406
Community Details
Overview
- Association fees include cable TV, insurance, sewer, water
- Two City Plaza Condo Subdivision
- 21-Story Property
Amenities
- Clubhouse
- Bike Room
Recreation
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
Security
- Resident Manager or Management On Site
- Impact Glass
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 21, 2023
Closed on
Feb 5, 2024
Sold by
Chiodo Ernest P and Chiodo Karen
Bought by
Sterling Trust and Sterling
Seller's Agent
Mariah Gonzales
Compass Florida LLC
Buyer's Agent
Lori Cronican
Douglas Elliman
List Price
$675,000
Sold Price
$642,000
Premium/Discount to List
-$33,000
-4.89%
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,612
Avg. Annual Appreciation
-3.43%
Purchase Details
Closed on
Mar 22, 2011
Sold by
Kolter City Plaza Ii Inc
Bought by
Chiodo Ernest P
Similar Homes in West Palm Beach, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sterling Trust | $642,000 | New Path Title | |
| Chiodo Ernest P | $237,000 | K Title Company Llc |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/05/2024 02/05/24 | Sold | $642,000 | -4.9% | $629 / Sq Ft |
| 12/21/2023 12/21/23 | For Sale | $675,000 | -- | $662 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $4,337 | $334,081 | -- | -- |
| 2023 | $7,764 | $303,710 | $0 | $0 |
| 2022 | $6,605 | $276,100 | $0 | $0 |
| 2021 | $5,905 | $251,000 | $0 | $251,000 |
| 2020 | $5,731 | $241,000 | $0 | $241,000 |
| 2019 | $6,121 | $245,000 | $0 | $245,000 |
| 2018 | $5,920 | $255,000 | $0 | $255,000 |
| 2017 | $5,745 | $245,000 | $0 | $0 |
| 2016 | $6,095 | $255,000 | $0 | $0 |
| 2015 | $5,893 | $240,000 | $0 | $0 |
| 2014 | $5,464 | $220,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mariah Gonzales
M
Seller's Agent in 2024
Mariah Gonzales
Compass Florida LLC
(561) 281-8452
23 in this area
48 Total Sales
-
Lori Cronican
L
Buyer's Agent in 2024
Lori Cronican
Douglas Elliman
(561) 459-2805
86 in this area
144 Total Sales
Map
Source: BeachesMLS
MLS Number: R10944694
APN: 74-43-43-22-41-000-0406
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