701 S Olive Ave Unit 409 West Palm Beach, FL 33401
Downtown West Palm Beach Neighborhood
1
Bed
1.5
Baths
895
Sq Ft
$800/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Clubhouse
- Water Views
- 43,560 Sq Ft lot
- 3-minute walk to Trinity Park
About This Home
As of April 2023Downtown Living at its Finest! This building screams luxury with amenities like 24 hour Valet & security, concierge, rooftop pool, sauna, steam room, fitness facility, movie theatre and more. $2,401.38 is your Quarterly payment and this includes all your maintenance, reserves, cable, internet, all amenities and valet. The best part is PETS are allowed in the building and the grounds are in impeccable condition. This 1 bedroom 1.5 bathroom unit features all brand new stainless steel appliances, wood grain porcelain tile flooring, two balconies and has a 1 car underground parking spot with an underground storage room (not a small cage). The unit has been professionally cleaned and the residents here are amazing!
Last Agent to Sell the Property
RE/MAX Properties License #3288937 Listed on: 01/12/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,121
Year Built
- Built in 2008
HOA Fees
- $800 Monthly HOA Fees
Parking
- 1 Car Garage
- Assigned Parking
Property Views
- Water
- Garden
Interior Spaces
- 895 Sq Ft Home
- Laminate Flooring
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer
Home Security
Outdoor Features
- Balcony
- Open Patio
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434322410000409
Community Details
Overview
- Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pool(s), security, trash, water, internet
- High-Rise Condominium
- Two City Plaza Condo Subdivision
- 12-Story Property
Amenities
- Doorman
- Sauna
- Clubhouse
- Community Wi-Fi
Recreation
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
Security
- Security Guard
- Resident Manager or Management On Site
- 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
$120,641
Avg. Annual Appreciation
9.51%
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
Create a Home Valuation Report for This Property
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
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
-
Seller's Agent in 2023
Marco Terminesi
RE/MAX
(561) 797-5956
1 in this area
154 Total Sales
-
d
Buyer's Agent in 2023
darren marotta
Engel & Volkers Wellington
(917) 575-6361
1 in this area
16 Total Sales
-
M
Seller's Agent in 2021
Morris Newman
United Realty Group Inc
(954) 806-3677
1 in this area
61 Total Sales
-
A
Buyer's Agent in 2021
Aaron Fulton
Logan Realty Inc
(561) 655-1233
1 in this area
4 Total Sales
Map
Source: BeachesMLS
MLS Number: R10857701
APN: 74-43-43-22-41-000-0409
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