NOT LISTED FOR SALE

1815 S Olive Ave Unit 50 West Palm Beach, FL 33401

El Cid Neighborhood

Estimated Value: $453,514 - $723,000

2 Beds
2.5 Baths
1,175 Sq Ft
1985 Built

Sale Details

Date Sold: February 10, 2021

Last sale price $314,000 $267 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,591 / mo

139 Days on Market

Highlights

  • Garden View
  • Outdoor Living Area
  • Built-In Features
  • Palm Beach Public School Rated A-
  • Spanish Architecture
  • 3-minute walk to Flamingo Park

About This Home

As of February 2021

Unique one of a kind tree house view, 2BR 2 1/2 Bath Condo in intimate building. Private location in Mango Promenade near Norton Museum and Downtown. Walking distance to all: Intracoastal, entertainment, shopping and great restaurants. Close to beautiful beaches. Condo boasts private entrance to second floor unit with outside patio. Impact windows throughout. Open floor plan concept with built in book shelves. Washer/Dryer, stainless steel appliances, granite countertop.
Low HOA.

Last Agent to Sell the Property

Lila Cornell

Premier Brokers International License #3261741 Listed on: 12/09/2020

Premier Brokers International

Last Buyer's Agent

Bonnie Jackler

Premier Brokers International License #0576034

Premier Brokers International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,871

Year Built

  • Built in 1985

Lot Details

  • Northwest Facing Home

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Split Level Home
  • Stucco

Interior Spaces

  • 1,175 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Blinds
  • Sliding Windows
  • Casement Windows
  • Combination Kitchen and Dining Room
  • Carpet
  • Garden Views

Kitchen

  • Electric Range
  • Free-Standing Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Patio
  • Outdoor Living Area

Schools

  • Palm Beach Public Elementary School

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power

Listing and Financial Details

  • Assessor Parcel Number 74434327590000050

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include ground maintenance, water
  • Villas El Centro Condo Subdivision
  • Community Parking

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,871

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 Okeechobee Blvd. Exit (East) to Dixie Hwy. Right turn ( South) turn left ( East) onto Wildermere Rd. Building located on the N/W corner of South Olive Ave. and Wildermere Rd.
  • Year Built: 1985
  • Architectural Style: Mediterranean, Spanish/Mediterranean
  • Carport Y N: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Kitchen/Dining Combo, Upper Level Primary
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Living Area: 1175.0
  • Stories: 2
  • Window Features: Blinds, Casement Window(s), Sliding

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Garden, Other
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northwest
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 290.0
  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None, Parking
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Water

Schools

  • Elementary School: Palm Beach Public

Lot Info

  • Parcel #: 74434327590000050
  • Mobile Dim Units: Feet
  • Zoning: MF32(c

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3870.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Feb 9, 2021
Sold by
Heon George C and Heon Rita M
Bought by
Torres Alejandro and Franks Lindsay
Seller's Agent
Lila Cornell
Premier Brokers International
Buyer's Agent
Bonnie Jackler
Premier Brokers International
List Price
$375,000
Sold Price
$314,000
Premium/Discount to List
-$61,000
-16.27%
Current Estimated Value
$588,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,714
Avg. Annual Appreciation
11.80%
Original Mortgage
$228,750
Outstanding Balance
$202,814
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$356,065

Purchase Details

Closed on
Mar 22, 2016
Sold by
Rawls Glenn P and Vickery Cindy S
Bought by
Heon George C and Heon Rita M

Purchase Details

Closed on
Dec 29, 1994
Sold by
S Olive Inc
Bought by
Kendall Mary Taylor
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Torres Alejandro $314,000 Wexford Title Llc
Torres Alejandro $314,000 New Title Company Name
Heon George C $247,500 Standard Title Insurance Age
Kendall Mary Taylor $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Alejandro $228,750
Closed Torres Alejandro $228,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2021 02/10/21 Sold $314,000 -16.3% $267 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
08/07/2020 08/07/20 For Sale $375,000 -- $319 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $5,380 $303,757 -- --
2024 $5,380 $295,196 -- --
2023 $5,239 $286,598 $0 $0
2022 $5,174 $278,250 $0 $0
2021 $4,523 $235,000 $0 $235,000
2020 $4,056 $197,000 $0 $197,000
2019 $3,872 $197,000 $0 $197,000
2018 $3,112 $137,000 $0 $137,000
2017 $3,130 $137,000 $0 $0
2016 $993 $80,942 $0 $0
2015 $1,010 $80,379 $0 $0
2014 $1,007 $79,741 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10645012

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-27-59-000-0050

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