NOT LISTED FOR SALE

173 Peruvian Ave Unit 5 Palm Beach, FL 33480

Estimated Value: $1,988,000 - $2,434,000

1 Bed
2 Baths
1,072 Sq Ft
$2,039/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $1,750,000 $1,632 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $14,622/month

66 Days on Market

Highlights

  • Wood Flooring
  • Lanai
  • Living Room
  • Palm Beach Public School Rated A-
  • Patio
  • Home Security System

About This Home

As of July 2023

Located in the heart of Palm Beach right next door to Bricktops and just a few feet from Worth Avenue and the Atlantic Ocean!!! This lovely sun drenched 1 bedroom and 1 1/2 bath in town apartment has been beautifully updated and lives like a cozy house! The custom kitchen and open family room offers enough combined space to entertain friends and family. The bedroom upstairs has a nice closet and bath plus a cute office. Beautiful hardwood floors, impact windows and doors, built in cabinets, plantation shutters and a very private and gated courtyard with a coquina paved patio complete this fabulous in town apartment.

Last Listed By

STEPHEN SIMPSON

William Raveis Real Estate License #3085739 Listed on: 04/28/2023

William Raveis Real Estate

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $12,246

Year Built

  • Built in 1923

Lot Details

  • South Facing Home
  • Fenced Front Yard

HOA Fees

  • $666 Monthly HOA Fees

Interior Spaces

  • 1,072 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Wood Flooring
  • Home Security System

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Garage
  • No Garage

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434326190000050

Community Details

Overview

  • Association fees include maintenance exterior, trash, sewer
  • 5 Units
  • Peruvian Court Community
  • On-Site Maintenance

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$12,246

Year Built

Built in 1923

Lot Details

0

HOA Fees

$666 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: County Road to Peruvian Avenue, On north side of street.
  • Building Name: Peruvian Court
  • Garage Yn: Yes
  • Year Built: 1923
  • Location Tax Legal:Name of Building: Peruvian Court
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 12246.0
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 1072.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 666.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 5
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:South2: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Security System: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Floors:Hardwood: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Special Features: None

Interior Features

  • Appliances: Disposal, Refrigerator, Freezer, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood
  • Interior Amenities: Cable
  • Living Area: 1072.0
  • Stories: 2
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Exterior Features: Patio/Lanai, Fence - Front Wall
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence-Front Wall: Yes

Garage/Parking

  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Exterior, Trash, Sewer

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434326190000050
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 5
  • Maintenance Expense: 666.0

Tax Info

  • Tax Annual Amount: 12246.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jul 18, 2023
Sold by
Fowler John P and Fowler Mary E
Bought by
173 Peruvian Unit 5 Llc
Seller's Agent
STEPHEN SIMPSON
William Raveis Real Estate
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$1,995,000
Sold Price
$1,750,000
Premium/Discount to List
-$245,000
-12.28%
Total Days on Market
66
Views
45
Current Estimated Value
$2,185,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,284
Avg. Annual Appreciation
13.45%

Purchase Details

Closed on
May 13, 2019
Sold by
Taylor Robert and Taylor Susan
Bought by
Fowler John P and Fowler Mary E

Purchase Details

Listed on
Jun 16, 2014
Closed on
Jun 10, 2015
Sold by
Baidey Allen and Mansouri Arefeh
Bought by
Taylor Robert and Taylor Susan
Seller's Agent
Anne Hamilton
Brown Harris Stevens of PB
Buyer's Agent
Cheryl Cameron
John P. O'Grady LLC
List Price
$678,000
Sold Price
$575,000
Premium/Discount to List
-$103,000
-15.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.48%
Original Mortgage
$100,442
Interest Rate
3.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Oct 12, 2012
Closed on
Apr 26, 2013
Sold by
Hicks Eric and Hicks Julie
Bought by
Baidey Allen and Mansouri Arefeh
Seller's Agent
Todd Blosser
RE/MAX Direct
Buyer's Agent
CHRISTINA ZECCA
Waterfront Properties & Club C
List Price
$553,000
Sold Price
$440,659
Premium/Discount to List
-$112,341
-20.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%
Original Mortgage
$330,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2002
Sold by
Scaggs William G
Bought by
Hicks Eric and Hicks Julie

Purchase Details

Closed on
Aug 31, 2001
Sold by
Whitney Stroh I
Bought by
Scaggs William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 1999
Sold by
Fowler Mark and Fowler Rosemary
Bought by
Stroh Whitney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 1997
Sold by
Paladino William C and Paladino Dianne
Bought by
Fowler Mark and Fowler Rosemary

Range of Values:

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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
173 Peruvian Unit 5 Llc $1,750,000 None Listed On Document
173 Peruvian Unit 5 Llc $1,750,000 None Listed On Document
Fowler John P $935,000 Attorney
Taylor Robert $575,000 Attorney
Baidey Allen $440,659 Assured Title Agency
Hicks Eric $325,000 Premier Title Company Ltd
Scaggs William G $280,000 --
Stroh Whitney $190,000 --
Fowler Mark $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Susan $200,000
Previous Owner Taylor Robert $100,442
Previous Owner Taylor Robert $417,000
Previous Owner Baidey Allen $330,000
Previous Owner Fowler Mark $224,000
Previous Owner Fowler Mark $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold $1,750,000 -2.7% $1,632 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/13/2023 06/13/23 Price Changed $1,799,000 -9.8% $1,678 / Sq Ft
04/28/2023 04/28/23 For Sale $1,995,000 +247.0% $1,861 / Sq Ft
06/12/2015 06/12/15 Sold $575,000 -15.2% $673 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
06/16/2014 06/16/14 For Sale $678,000 +53.9% $794 / Sq Ft
04/26/2013 04/26/13 Sold $440,659 -20.3% $516 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
10/12/2012 10/12/12 For Sale $553,000 -- $648 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $21,102 $1,400,000 -- --
2023 $13,380 $778,635 -- --
2022 $12,246 $707,850 -- --
2021 $10,701 $645,000 $0 $645,000
2020 $10,185 $585,000 $0 $585,000
2019 $7,945 $478,930 $0 $0
2018 $7,550 $470,000 $0 $470,000
2017 $7,706 $470,000 $0 $0
2016 $8,623 $485,000 $0 $0
2015 $7,507 $405,000 $0 $0
2014 $7,609 $405,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Palm Beach Board of REALTORS®

MLS Number: 23-795

APN: 50-43-43-26-19-000-0050