NOT LISTED FOR SALE

1402 Palm Beach Trace Dr Royal Palm Beach, FL 33411

Estimated Value: $218,700 - $262,000

2 Beds
2 Baths
1,201 Sq Ft
$260/mo HOA Fee

Last Sold August 29, 2016

Last sale price $119,000 $99 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,824/month

37 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Community Pool
  • H.L. Johnson Elementary School Rated A-
  • Great Room
  • Breakfast Area or Nook

About This Home

As of August 2016

COMPLETELY RENOVATED UNIT,OVER LOOKING A GOLF COURSE,GRANITE COUNTER TOP, NEW TILES NEW , FLOORS BTH.NEW APPLIANCES,READY TO MOVE IN. FEE INCLUDE WATER, SEWER, PEST. BLDG INSURANCE,WALKING DISTANCE TO SHOPS COMM ARE. MAINT.

Last Agent to Sell the Property

Abdul Wahid

C&J Realty Inc. License #3079801 Listed on: 06/22/2016

Last Buyer's Agent

Brittany Zurawski

Inactive Member License #3321130

Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,306

Year Built

  • Built in 1987

Lot Details

  • Lake Front
  • North Facing Home

HOA Fees

  • $260 Monthly HOA Fees

Property Views

  • Lake
  • Golf Course

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,201 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Single Hung Metal Windows
  • Blinds
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Assigned Parking

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 72414323110141402

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, parking, pest control, pool(s), roof, sewer, water
  • 112 Units
  • Palm Beach Trace Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,306

Year Built

Built in 1987

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Okeechobee blvd to royal palm beach blvd right on country club right right on palm beach trace
  • Year Built: 1987
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Entrance Foyer, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile, Vinyl
  • Living Area: 1201.0
  • Dining Room Type: Great Room
  • Stories: 2
  • Window Features: Blinds, Metal, Single Hung

Exterior Features

  • Exterior Features: Porch, Patio
  • View: Golf Course, Lake, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Open

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 260.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Parking, Pest Control, Pool(s), Roof, Sewer, Water

Lot Info

  • Parcel #: 72414323110141402
  • Zoning Description: COND

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1306.0

Multi Family

  • Number Of Units In Community: 112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2016
Closed on
Aug 29, 2016
Sold by
Wahid Bibi Y
Bought by
Hughes Phil and Navarro Maria Teresa Serrano
Seller's Agent
Abdul Wahid
C&J Realty Inc.
Buyer's Agent
Brittany Zurawski
Inactive Member
List Price
$139,000
Sold Price
$119,000
Premium/Discount to List
-$20,000
-14.39%
Current Estimated Value
$246,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,175
Avg. Annual Appreciation
8.11%
Original Mortgage
$83,300
Outstanding Balance
$37,094
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$209,081

Purchase Details

Closed on
Dec 16, 2011
Sold by
Mawali Jerry D and Mawali Lee W
Bought by
Wahid Bibi Y

Purchase Details

Closed on
Mar 8, 2006
Sold by
Branch Kathy C
Bought by
Mawali Jerry D and Mawali Lee W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 24, 2004
Sold by
Vickers Charity H and Vickers Justin S
Bought by
Branch Kathy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2001
Sold by
Charity H Martin I
Bought by
Martin Charity H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,800
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 1999
Sold by
Niesman Mickey J and Niesman Joyce K
Bought by
Martin Charity H and Sparks Gary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
7.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hughes Phil $119,000 Harbor Land Title Llc
Wahid Bibi Y $43,000 Harbor Land Title Lc
Mawali Jerry D $185,000 Attorney
Branch Kathy C $75,000 --
Martin Charity H $23,600 --
Martin Charity H $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Phil $83,300
Previous Owner Mawali Jerry D $20,000
Previous Owner Mawali Jerry D $166,500
Previous Owner Branch Kathy C $75,000
Previous Owner Martin Charity H $55,800
Previous Owner Martin Charity H $51,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2016 08/29/16 Sold $119,000 -14.4% $99 / Sq Ft
07/30/2016 07/30/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $139,000 -- $116 / 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
2025 $3,255 $169,836 -- --
2024 $3,255 $154,396 -- --
2023 $2,952 $140,360 $0 $0
2022 $2,739 $127,600 $0 $0
2021 $2,334 $116,000 $0 $116,000
2020 $2,255 $111,000 $0 $111,000
2019 $2,219 $108,000 $0 $108,000
2018 $2,004 $103,000 $0 $103,000
2017 $1,826 $89,000 $0 $0
2016 $1,521 $65,219 $0 $0
2015 $1,379 $59,290 $0 $0
2014 $1,263 $53,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Abdul Wahid

    C&J Realty Inc.

    (561) 542-1222

    54 Total Sales

    Abdul Wahid
    Section Image

  • B

    Buyer's Agent in 2016

    Brittany Zurawski

    Inactive Member

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10245115

BeachesMLS

APN: 72-41-43-23-11-014-1402

Florida Palm Beach County Royal Palm Beach 33411

1402 Palm Beach Trace Dr, Royal Palm Beach, FL

Not Listed for Sale

Condos

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