NOT LISTED FOR SALE

Estimated Value: $297,086 - $452,000

2 Beds
2 Baths
1,209 Sq Ft
$525/mo HOA Fee

Last Sold February 24, 2014

Last sale price $155,000 $128 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,753/month

10 Days on Market

Highlights

  • Property has ocean access
  • Elevator
  • Walk-In Closet
  • Property fronts an intracoastal waterway
  • Balcony
  • Open Patio

About This Home

As of February 2014

Incredible price for this stunning Intracoastal boating community. Located on US-1 in North Palm Beach. Old Port Cove is a 60 acre waterfront community with two state of the art marinas, restaurant, pool, tennis court, 3 mile walking trail, mature landsca ping and 24 hour top notch security. North Palm Beach Country Club is just across the street. This community is located in the heart of Palm Beach County and is close to the best of casual and fine dining in adjacent Palm Beach Gardens as well as world cl

Last Agent to Sell the Property

Laura Zito

The Keyes Company (PBG) License #3229801 Listed on: 01/14/2014

Co-Listed By

Lowell Farber

EXP Realty LLC License #3268558

Last Buyer's Agent

Laura Zito

The Keyes Company (PBG) License #3229801 Listed on: 01/14/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1971

Lot Details

  • Southwest Facing Home

HOA Fees

  • $525 Monthly HOA Fees

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,209 Sq Ft Home
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 68434209190029140

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, pool(s), security, trash
  • Old Port Cove Cond One 9 Subdivision
  • 11-Story Property

Amenities

  • Elevator

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,154

Year Built

Built in 1971

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to PGA Blvd. Go East. Turn Right onto US-1. Turn Left on Lakeshore Dr. into Old Port Cove. Make your first Left on Marine Way.
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Interior Amenities: Living/Dining Room, Walk-In Closet(s)
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Stories: 11

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block, Pre-Cast Concrete
  • Direction Faces: Southwest
  • Patio And Porch Features: Balcony, Open

Garage/Parking

  • Garage Yn: No

Utilities

  • Security: Phone Entry, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 525.0
  • Senior Community: No
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit, Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Pool(s), Security, Trash

Lot Info

  • Parcel #: 68434209190029140

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1154.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2014
Closed on
Feb 21, 2014
Sold by
Sorensen Thor and Sorensen Barbara
Bought by
Porzelt Gerald M
Seller's Agent
Laura Zito
The Keyes Company (PBG)
Buyer's Agent
Laura Zito
The Keyes Company (PBG)
List Price
$179,900
Sold Price
$155,000
Premium/Discount to List
-$24,900
-13.84%
Total Days on Market
10
Current Estimated Value
$362,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,772
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Jun 28, 2002
Sold by
Wilters John and Wilters Taryn
Bought by
Sorensen Thor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.75%
Source: Public Records

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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
Porzelt Gerald M $155,000 Multiple
Sorensen Thor $162,500 Universal Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porzelt Gerard M $125,080
Previous Owner Sorensen Thor $104,500
Previous Owner Sorensen Thor $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2014 02/24/14 Sold $155,000 -13.8% $128 / Sq Ft
01/25/2014 01/25/14 Pending -- -- --
01/14/2014 01/14/14 For Sale $179,900 -- $149 / Sq Ft
Source: BeachesMLS

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 $2,578 $166,641 -- --
2023 $2,443 $161,787 $0 $0
2022 $2,404 $157,075 $0 $0
2021 $2,377 $152,500 $0 $152,500
2020 $2,496 $156,008 $0 $0
2019 $2,451 $152,500 $0 $152,500
2018 $2,380 $152,500 $0 $152,500
2017 $2,358 $150,598 $0 $0
2016 $2,347 $147,500 $0 $0
2015 $2,428 $148,000 $0 $0
2014 $2,383 $97,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10007640

BeachesMLS

APN: 68-43-42-09-19-002-9140