$3,000,000
SOLD FEB 18, 2019

100 Royal Palm Way Unit E2 Palm Beach, FL 33480

3 Beds
4 Baths
2,137 Sq Ft
$2,582/mo HOA Fee

Recently Sold

$1,404 Per Sq Ft

113 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Outdoor Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Wood Flooring

About This Home

As of February 2019

Rare opportunity to buy a sensational completely renovated 3 BR/3.5BA with open feeling in prime, sought after heart of town oceanfront condo. Well appointed with quality high end finishes, wood floors, high ceilings, garage parking plus and comfortable spaces. Light and bright with lovely views.

Last Agent to Sell the Property

Paulette Koch

The Corcoran Group License #3068398 Listed on: 10/02/2018

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

GARY POHRER

THE CORCORAN GROUP 2435

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $32,190

Year Built

  • Built in 1969

Lot Details

  • Ocean Front
  • North Facing Home

HOA Fees

  • $2,582 Monthly HOA Fees

Interior Spaces

  • 2,137 Sq Ft Home
  • Living Room
  • Dining Area
  • Utility Room
  • Home Gym
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Garage
  • Parking Available

Outdoor Features

  • Outdoor Pool
  • Balcony

Additional Features

  • Non-Toxic Pest Control
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434323100000022

Community Details

Overview

  • Association fees include insurance, common area, maintenance exterior, trash, pest control, sewer
  • 39 Units
  • One Royal Palm Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$32,190

Year Built

Built in 1969

Lot Details

0

HOA Fees

$2,582 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: One Royal Palm
  • Year Built: 1969
  • Location Tax Legal:Name of Building: One Royal Palm
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 32190.0
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 2137.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 7746.4
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 39
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Pool:Pool3: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Waterfront-Building:Ocean- Across Street: Yes
  • Waterfront-Unit:Ocean- Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Amenities: Cable, Smoke Alarms, Pantry
  • Living Area: 2137.0
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking 1 Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Door Person

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434323100000022
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 39
  • Maintenance Expense: 7746.4

Tax Info

  • Tax Annual Amount: 32190.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2018
Closed on
Feb 8, 2019
Sold by
Paskin David and Paskin Linda S
Bought by
Seaver Alexander M and Seaver Christine N
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
GARY POHRER
THE CORCORAN GROUP 2435
List Price
$3,000,000
Sold Price
$3,000,000
Current Estimated Value
$6,035,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,035,992
Avg. Annual Appreciation
11.49%
Original Mortgage
$1,250,000
Outstanding Balance
$1,080,705
Interest Rate
3.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,955,287

Purchase Details

Listed on
Jan 27, 2015
Closed on
Jul 30, 2015
Sold by
Broderick Shaun and Broderick Jennifer
Bought by
Paskin David and Paskin Linda S
Seller's Agent
GARY POHRER
K2 Realty, Inc.
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$2,350,000
Sold Price
$2,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%

Purchase Details

Listed on
Jan 9, 2012
Closed on
Mar 24, 2014
Sold by
Thebaut Elizabeth W
Bought by
Broderick Shaun and Broderick Jennifer
Seller's Agent
SYLVIA JAMES
THE FITE GROUP
Buyer's Agent
GARY POHRER
THE CORCORAN GROUP 2435
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
131.59%

Purchase Details

Listed on
Jan 9, 2012
Closed on
Mar 18, 2014
Sold by
Warwick Elsie C
Bought by
Broderick Shaun and Broderick Jennifer
Seller's Agent
SYLVIA JAMES
THE FITE GROUP
Buyer's Agent
GARY POHRER
THE CORCORAN GROUP 2435
List Price
$750,000
Sold Price
$750,000

Purchase Details

Closed on
Mar 25, 2013
Sold by
Warwick Elsie and Warwick Elsie C
Bought by
Warwick Elsie C

Purchase Details

Closed on
Sep 23, 2009
Sold by
Ferguson John M and Eubanks William R
Bought by
Warwick Charles H and Warwick Elsie

Purchase Details

Closed on
Jan 10, 2005
Sold by
Gould Rina F
Bought by
Ferguson John M and Eubanks William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 1997
Sold by
Coleman Payson C and Coleman Catherine
Bought by
Gould Rina F
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,000,000 Attorney
Warranty Deed $2,350,000 Attorney
Deed $750,000 Attorney
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed -- Attorney
Warranty Deed $1,450,000 Attorney
Warranty Deed $1,075,000 Landmark Title Of Florida In
Warranty Deed $300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,250,000 Adjustable Rate Mortgage/ARM
Previous Owner $725,000 Purchase Money Mortgage
Previous Owner $500,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2019 02/18/19 Sold $3,000,000 0.0% $1,404 / Sq Ft
01/23/2019 01/23/19 Pending -- -- --
10/02/2018 10/02/18 For Sale $3,000,000 +27.7% $1,404 / Sq Ft
08/03/2015 08/03/15 Sold $2,350,000 0.0% $1,121 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $2,350,000 +213.3% $1,121 / Sq Ft
03/24/2014 03/24/14 Sold $750,000 0.0% $375 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
01/09/2012 01/09/12 For Sale $750,000 -- $375 / 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 $55,658 $3,513,840 -- --
2023 $53,470 $3,194,400 $0 $0
2022 $51,017 $2,904,000 $0 $0
2021 $43,574 $2,700,000 $0 $2,700,000
2020 $39,908 $2,400,000 $0 $2,400,000
2019 $33,905 $2,032,905 $0 $0
2018 $32,190 $1,995,000 $0 $1,995,000
2017 $32,890 $1,995,000 $0 $0
2016 $33,728 $1,995,000 $0 $0
2015 $12,638 $700,000 $0 $0
2014 $11,622 $675,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-1875

APN: 50-43-43-23-10-000-0022