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232 Phipps Plaza

232 Phipps Plaza, Palm Beach, FL 33480
Property in Phipps Plaza
Sold Sep 22, 1999
$2,275,000
$1,100,000 by Us Trust Company Of Florida
Mortgage
Sold Nov 04, 1998
$1,145,000
232 Phipps Plaza 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 1925 and is 99 years old. However, we must point out that the home was most recently renovated and altered in 1990. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 232 Phipps Plaza has 4,322 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 760 ft and across the front of the lot is 1,070 ft. The area measurement of the land has been determined as 8,089 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 420 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 gable or hip style roof made of tile. The exterior walls of the building are made of brick. While the interior walls have been made of plaster. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 232 Phipps Plaza was last sold in Jan 1, 1970 for $2,275,000. According to our calculations, that's $452.65 per sqft. Prior to that sales transaction, the property was sold for $1,145,000 in Jan 1, 1970. Current property owners are expected to pay $42,463 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 232 Phipps Plaza was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $2,738,767. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,089
  • Lot Size Depth Feet: 760
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 5,026
  • Gross Building Area: 5,026
  • Building Area: 4,322
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,322
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PHIPPS PLAZA
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PL OF PHIPPS PLAZA LT F

Ownership

  • Current Owner : WRUMBOUGH MARGARETHA
  • Previous Owner : RONALD S KOCHMAN TR
  • Owner Before Previous Owner: BRIDGEMAN JAMES A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003513

Zoning

  • Zoning: R-C

Geography

  • Assessors Map Reference: 147
  • Parcel: 50-43-43-22-10-000-0060
  • Lot: F
  • Meridian: SEC 22 TWN 43S RNG 43E
  • Municipality: PALM BEACH
  • Latitude: 26.7063
  • Longitude: -80.0376

    Address

  • Full Address: 232 Phipps Plz
  • Address - House Number: 232
  • Address - Street Name: Phipps
  • Address - Suffix Type: Plz
  • State: FL
  • City Name: Palm Beach
  • Carrier Code: C007
  • 4-Digit Zip Code: 4241
  • Zip Code: 33480

Valuation

    Tax

  • Total Area: 4,522
  • Tax Year: 2022
  • Tax Amount: $42,463
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 50411

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,100,000
  • First Open Lien Mortgage Lender: US TRUST COMPANY OF FLORIDA
  • First Open Lien Mortgage Recording Date: Sep 22, 1999
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $9,699,895
  • Market Land Value: $7,139,831
  • Market Improvement Value: $2,560,064

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,738,767

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Sep 22, 1999
  • Current Sale Transaction ID: 1111728138
  • Current Sale Price: $2,275,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 04, 1998
  • Previous Sale Amount: $1,145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US TRUST COMPANY OF FLORIDA
  • First Mortgage Transaction Date: Sep 22, 1999
  • First Mortgage Loan Amount: $1,100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Phipps Plaza



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Frequently Asked Questions

What neighborhood is 232 Phipps Plaza located in?
The 232 Phipps Plaza is a located in the neighborhood of Phipps Plaza in Phipps Plaza, Palm Beach.
What is the average sales price for listings in 232 Phipps Plaza?
The average sales price for units in 232 Phipps Plaza is $0 currently.

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