701 S Olive Ave Unit 409 West Palm Beach, FL 33401
Downtown West Palm Beach Neighborhood
1
Bed
1.5
Baths
895
Sq Ft
$693/mo
HOA Fee
Highlights
- Doorman
- Gated Community
- Roman Tub
- Fitness Center
- Deck
- 3-minute walk to Trinity Park
About This Home
As of April 2023Beautiful One of a kind 1br 1.5 Bath with soaring 14' ceilings, two balconies and covered parking space! ceramic tile throughout. ample kitchen cabinets/storage with granite counter tops, stainless steel appliances and washer/dryer inside the condo. Enormous master bathroom with great closet space.Amenities in this full-service building are ; 24hr security, concierge, roof top pool, hot tub, sauna, steam room, outdoor kitchen w/ BBQ area, outdoor & indoor movie theaters, club room, lanai courtyard w/ water feature, renovated fitness center, dog area, complimentary valet parking. Walk to restaurants, shopping, waterfront & Palm Beach.
Last Agent to Sell the Property
United Realty Group Inc License #3307963 Listed on: 09/23/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,528
Year Built
- Built in 2008
HOA Fees
- $693 Monthly HOA Fees
Parking
- 1 Car Garage
- Assigned Parking
Interior Spaces
- 895 Sq Ft Home
- High Ceiling
- Ceiling Fan
- Ceramic Tile Flooring
- Washer and Dryer
Kitchen
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Walk-In Closet
- Roman Tub
Home Security
Outdoor Features
- Balcony
- Courtyard
- Deck
- Open Patio
Utilities
- Cooling Available
- Heating Available
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434322410000409
Community Details
Overview
- Association fees include common areas, cable TV, insurance, parking, pool(s), sewer, trash, water
- Two City Plaza Subdivision
- 21-Story Property
Amenities
- Doorman
- Elevator
Recreation
- Fitness Center
- Community Pool
Pet Policy
- Pets Allowed
Security
- Card or Code Access
- Gated Community
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 12, 2023
Closed on
Apr 24, 2023
Sold by
Messina Alexander A
Bought by
Hammer Dru
Seller's Agent
Marco Terminesi
RE/MAX Properties
Buyer's Agent
darren marotta
Engel & Volkers Wellington
List Price
$585,000
Sold Price
$510,000
Premium/Discount to List
-$75,000
-12.82%
Views
92
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
$117,394
Avg. Annual Appreciation
9.22%
Purchase Details
Listed on
Sep 23, 2021
Closed on
Oct 28, 2021
Sold by
Cooper Anika
Bought by
Messina Alexander A
Seller's Agent
Morris Newman
United Realty Group Inc
Buyer's Agent
Aaron Fulton
Logan Realty Inc
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.23%
Purchase Details
Closed on
Mar 1, 2018
Sold by
Potting Steven D and Potting Meagan Sayge
Bought by
Cooper Anika
Purchase Details
Closed on
Nov 1, 2010
Sold by
Kolter City Plaza Ii Inc
Bought by
Potting Steven D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
4.37%
Mortgage Type
New Conventional
Similar Homes in West Palm Beach, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $510,000 | Lighthouse Title Services | |
| Warranty Deed | $345,000 | South Florida Title Assc Llc | |
| Warranty Deed | $285,000 | Blueline Title Co Llc | |
| Special Warranty Deed | $230,000 | K Title Company Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $178,500 | New Conventional | |
| Previous Owner | $184,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2023 04/24/23 | Sold | $510,000 | -3.6% | $570 / Sq Ft |
| 03/01/2023 03/01/23 | Price Changed | $529,000 | -3.6% | $591 / Sq Ft |
| 02/14/2023 02/14/23 | Price Changed | $549,000 | -6.2% | $613 / Sq Ft |
| 01/12/2023 01/12/23 | For Sale | $585,000 | +69.6% | $654 / Sq Ft |
| 11/01/2021 11/01/21 | Sold | $345,000 | -1.4% | $385 / Sq Ft |
| 10/02/2021 10/02/21 | Pending | -- | -- | -- |
| 09/23/2021 09/23/21 | For Sale | $350,000 | -- | $391 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
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 | $9,955 | $455,000 | -- | -- |
| 2023 | $8,229 | $345,136 | $0 | $0 |
| 2022 | $7,121 | $313,760 | $0 | $0 |
| 2021 | $4,559 | $234,234 | $0 | $0 |
| 2020 | $4,528 | $231,000 | $0 | $231,000 |
| 2019 | $4,850 | $235,000 | $0 | $235,000 |
| 2018 | $5,468 | $235,000 | $0 | $235,000 |
| 2017 | $3,731 | $199,865 | $0 | $0 |
| 2016 | $3,713 | $195,754 | $0 | $0 |
| 2015 | $3,782 | $194,393 | $0 | $0 |
| 2014 | $3,782 | $192,850 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marco Terminesi
Seller's Agent in 2023
Marco Terminesi
RE/MAX
(561) 797-5956
1 in this area
148 Total Sales
-
darren marotta
d
Buyer's Agent in 2023
darren marotta
Engel & Volkers Wellington
(917) 575-6361
1 in this area
16 Total Sales
-
Morris Newman
M
Seller's Agent in 2021
Morris Newman
United Realty Group Inc
(954) 806-3677
1 in this area
61 Total Sales
-
Aaron Fulton
A
Buyer's Agent in 2021
Aaron Fulton
Logan Realty Inc
(561) 655-1233
1 in this area
4 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10301940
APN: 74-43-43-22-41-000-0409
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