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110 Atlantic Avenue

110 Atlantic Avenue, Palm Beach, FL 33480
Property in West Palm Beach
Sold May 21, 2020
$8,000,000
$4,000,000 by Leader Bank Na
Mortgage Due Jun 01, 2050
Sold Jul 03, 2008
$3,960,000
$1,500,000 by Citibank Na
Mortgage
110 Atlantic Avenue has been categorized by the local assessors in Palm Beach, FL as a residential type of property. The building on the property was first built in 1982 and is 42 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 4 bedrooms. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 110 Atlantic Avenue has 4,105 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 20 ft and across the front of the lot is 270 ft. The area measurement of the land has been determined as 12,833 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 552 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a cathedral style roof made of tile. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 110 Atlantic Avenue sold most recently in May 20, 2020 for a total of $8,000,000. If you work out the math, that's approximately a cost of $1,531.39 per sqft. Before that, the property was also sold for $3,960,000 in Jun 12, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $104,841 in taxes each year. 110 Atlantic Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $6,587,491. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,833
  • Lot Size Depth Feet: 20
  • Lot Size Frontage Feet: 270
  • Total Building Area: 5,224
  • Gross Building Area: 5,224
  • Building Area: 4,105
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,105
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARANGON
  • Land Acres: 0.295
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARANGON LT 3 & BEACH LT 3

Ownership

  • Current Owner : SALVI ANDREA
  • Current Owner 2: THE TWIN HEARTS PALM BEACH REA
  • Previous Owner : SCHUSTER HEIDI L
  • Previous Owner 2: SCHUSTER SCOTT
  • Owner Before Previous Owner: CLEMENS ROSEMARY A
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003507

Zoning

  • Zoning: BA

Geography

  • Assessors Map Reference: 132
  • Parcel: 50-43-43-14-26-000-0030
  • Lot: 3
  • Meridian: SEC 14 TWN 43S RNG 43E
  • Municipality: PALM BEACH
  • Latitude: 26.7232
  • Longitude: -80.0354

    Address

  • Full Address: 110 Atlantic Ave
  • Address - House Number: 110
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Palm Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 3707
  • Zip Code: 33480

Valuation

    Tax

  • Total Area: 4,637
  • Tax Year: 2022
  • Tax Amount: $104,841
  • Tax Rate Code Area: 50411

    Appraisal Valuation

  • Standard Deviation: 0.2419
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 66
  • Final Value: 8,094,785
  • High Value: 10,053,662
  • Low Value: 6,135,908

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,000,000
  • First Open Lien Mortgage Lender: LEADER BANK NA
  • First Open Lien Mortgage Recording Date: May 21, 2020
  • First Open Lien Mortgage Loan Amount: $4,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $6,914,192
  • Market Land Value: $5,972,885
  • Market Improvement Value: $941,307

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $6,587,491

    Sales

  • Current Sale Contract Date: May 20, 2020
  • Current Sale Recording Date: May 21, 2020
  • Current Sale Transaction ID: 11762974002
  • Current Sale Price: $8,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200177540
  • Previous Sale Recording Date: Jul 03, 2008
  • Previous Sale Contract Date: Jun 12, 2008
  • Previous Sale Amount: $3,960,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADER BANK NA
  • First Mortgage Transaction Date: May 21, 2020
  • First Mortgage Loan Amount: $4,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK NA
  • Previous Mortgage Transaction Date: Jul 03, 2008
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Palm Beach



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Frequently Asked Questions

What neighborhood is 110 Atlantic Avenue located in?
The 110 Atlantic Avenue is a located in the neighborhood of West Palm Beach in Palm Beach, Palm Beach.
What is the average sales price for listings in 110 Atlantic Avenue?
The average sales price for units in 110 Atlantic Avenue is $0 currently.

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