NOT LISTED FOR SALE

1601 S Flagler Dr Unit 1050 West Palm Beach, FL 33401

El Cid Neighborhood

Estimated Value: $305,874 - $397,000

1 Bed
1 Bath
756 Sq Ft
$370/mo HOA Fee

Last Sold December 28, 2016

Last sale price $162,000 $214 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,435/month

97 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Screened Porch
  • Elevator
  • Palm Beach Public School Rated A-
  • Community Pool
  • 5-minute walk to Norton Gallery Park

About This Home

As of December 2016

This modern/transitional unit is truly amazing! Enjoy living on one of the most desired areas of West Palm Beach on Flagler Drive. This move-in ready condo features a new European kitchen with high-end granite counters, new stainless steel appliances, gas stove, new contemporary European tile, bath with soaking tub, glass sliders for master closet, French doors to screened-in porch, new Italian artisan tiles throughout and hurricane shutters. The owner recently upgraded the light fixtures, closet shelving systems, faucets throughout and installed curtain rods, drapes and blinds to all windows. The A/C unit was overhauled and is fully maintained. The unit boasts plenty of storage space in the hallway closet and balcony lock up. It is located next to the community laundry, close the pool and

Last Agent to Sell the Property

Dean Stokes

Compass Florida LLC (PB) License #3198030 Listed on: 08/22/2016

Compass Florida LLC (PB)

Last Buyer's Agent

JAMIE DRYER

Brown Harris Stevens of PB License #3314960

Brown Harris Stevens of PB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $753

Year Built

  • Built in 1980

Lot Details

  • Property fronts an intracoastal waterway
  • South Facing Home

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 756 Sq Ft Home
  • 4-Story Property
  • Family Room
  • Screened Porch

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

  • Security Lights
  • Security Gate

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 744343275000021050

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pest control, pool(s), reserve fund, roof, sewer, trash, water
  • Viking Arms Subdivision

Amenities

  • Elevator

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$753

Year Built

Built in 1980

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Okeechobee to S. Flagler. South to 1601 S. Flagler
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Gas Range
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Living Area: 756.0
  • Dining Room Type: Family Room
  • Stories: 4

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Balcony, Screened

Garage/Parking

  • Garage Yn: No
  • Parking Features: Garage

Utilities

  • Security: Security Gate, Phone Entry, Security Lights
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 370.0
  • Community Features: Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Reserve Fund, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 744343275000021050
  • Zoning Description: 0400

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 753.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2016
Closed on
Dec 28, 2016
Sold by
Williams Steven
Bought by
Maus John Gerard
Seller's Agent
Dean Stokes
Compass Florida LLC (PB)
Buyer's Agent
JAMIE DRYER
Brown Harris Stevens of PB
List Price
$170,000
Sold Price
$162,000
Premium/Discount to List
-$8,000
-4.71%
Total Days on Market
97
Current Estimated Value
$342,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,719
Avg. Annual Appreciation
9.28%
Original Mortgage
$100,000
Outstanding Balance
$83,202
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$259,517

Purchase Details

Closed on
Dec 28, 2015
Sold by
Corriveau Katherine Anne
Bought by
Williams Steven

Purchase Details

Listed on
Apr 21, 2011
Closed on
Jun 20, 2012
Sold by
Rokosz Mandi and Scantzoulis Michael
Bought by
Corriveau Katherine Anne
Seller's Agent
Demetria Pettipost
Streamline Realty Group Inc.
Buyer's Agent
Taru DeAndrea
Trulux Real Estate, Inc
List Price
$65,000
Sold Price
$56,000
Premium/Discount to List
-$9,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.00%

Purchase Details

Closed on
Jan 3, 2005
Sold by
Collazos Carlos and Collazos Patricia
Bought by
Rokosz Mandi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,107
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 1997
Sold by
Bottoms Arlene L
Bought by
Bottoms Arlene L

Purchase Details

Closed on
Oct 25, 1996
Sold by
Bottoms Frederick L and Bottoms Arlene L
Bought by
Bottoms Arlene L
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 Buyer Sale Price Title Company
Maus John Gerard $162,000 Attorney
Williams Steven $154,000 Title Svcs Of The Palm Beach
Corriveau Katherine Anne $56,000 Producers Title Services Inc
Rokosz Mandi $142,500 Sunbelt Title Agency
Bottoms Arlene L $100 --
Bottoms Arlene L $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maus John Gerard $100,000
Previous Owner Rokosz Mandi $169,000
Previous Owner Rokosz Mandi $128,107
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2016 12/28/16 Sold $162,000 -4.7% $214 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $170,000 +203.6% $225 / Sq Ft
06/20/2012 06/20/12 Sold $56,000 -13.8% $74 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
04/21/2011 04/21/11 For Sale $65,000 -- $86 / 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 $1,689 $114,737 -- --
2023 $1,629 $111,395 $0 $0
2022 $1,589 $108,150 $0 $0
2021 $1,564 $105,000 $0 $105,000
2020 $1,798 $115,000 $0 $115,000
2019 $1,819 $115,000 $0 $115,000
2018 $1,827 $120,000 $0 $120,000
2017 $2,048 $130,000 $0 $0
2016 $1,868 $120,000 $0 $0
2015 $753 $57,295 $0 $0
2014 $759 $56,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10261081

BeachesMLS

APN: 74-43-43-27-50-002-1050