$320,000
SOLD AUG 12, 2022

1601 S Flagler Dr Unit 307o West Palm Beach, FL 33401

El Cid Neighborhood
1 Bed
1 Bath
756 Sq Ft
$460/mo HOA Fee

Recently Sold

$423 Per Sq Ft

13% Below List Price

11 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Fitness Center
  • Furnished
  • Palm Beach Public School Rated A-
  • Gated Community
  • 5-minute walk to Norton Gallery Park

About This Home

As of August 2022

Location, privacy, and price are just a few highlights for this 1 bedroom / 1 bath condo which sits directly on Flagler Drive just minutes from Downtown, PBI, Worth Avenue, the Brightline, and so much more! The expansive great room and dining areas allow for ultimate entertaining space. Wake up to beautiful sunrises on your covered balcony, relax by the large heated pool, and enjoy the Intracoastal walkway right outside your door. Brand New A/C, Dishwasher, and Refrigerator. Great INVESTMENT property or for primary homeowner. Rare Covered Parking Spot is included and the homes location is just steps down to the pool.

Last Agent to Sell the Property

B. DUERR

One Sotheby's International Re License #3117391 Listed on: 07/01/2022

One Sotheby's International Re

Last Buyer's Agent

Phillip Bergmann

Compass Florida LLC (PB) License #3492976

Compass Florida LLC (PB)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,523

Year Built

  • Built in 1980

HOA Fees

  • $460 Monthly HOA Fees

Home Design

  • Concrete Roof

Interior Spaces

  • 756 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-In Features
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Intracoastal Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom

Home Security

Parking

  • Attached Garage
  • Guest Parking
  • Open Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Patio
  • Property fronts an intracoastal waterway

Listing and Financial Details

  • Assessor Parcel Number 74434327500023070

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, pest control, sewer, trash, water
  • Viking Arms Condo Subdivision

Amenities

  • Laundry Facilities
  • Bike Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Park
  • Trails

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,523

Year Built

Built in 1980

Lot Details

0

HOA Fees

$460 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Okeechobee Blvd to S Flagler Drive South to 1601
  • Year Built: 1980
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Entrance Foyer, Eat-in Kitchen, Elevator, Living/Dining Room, Pantry
  • Furnished: Furnished
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Tile, Tile
  • Living Area: 756.0
  • Dining Room Type: Family Room, Great Room
  • Stories: 3
  • Window Features: Blinds, Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Intercoastal, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Attached, Covered, Garage, Guest, Open

Utilities

  • Laundry Features: Common Area
  • Security: Key Card Entry, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 460.0
  • Community Features: Gated, Park, Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Laundry, Management, Pool, Trail(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 74434327500023070
  • Lot Size: East of US-1
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2523.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 5, 2022
Sold by
Gilbert Richard C and Gilbert Barbara
Bought by
Davis Joseph P
Seller's Agent
B. DUERR
One Sotheby's International Re
Buyer's Agent
Phillip Bergmann
Compass Florida LLC (PB)
List Price
$369,000
Sold Price
$320,000
Premium/Discount to List
-$49,000
-13.28%
Current Estimated Value
$368,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,629
Avg. Annual Appreciation
4.02%

Purchase Details

Closed on
Apr 19, 2021
Sold by
Gilbert Richard C and Gilbert Barbara M
Bought by
Gilbert Richard C and Gilbert Barbara M

Purchase Details

Closed on
Oct 24, 2005
Sold by
Gilbert Richard C and Gilbert Barbara M
Bought by
Gilbert Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 11, 2005
Sold by
Helms Timothy C
Bought by
Primmer John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 13, 2004
Sold by
Hassan Yasmine
Bought by
Bozung Beverly

Purchase Details

Closed on
Aug 11, 2004
Sold by
Tilton Steven F and Tilton Scott P
Bought by
Walsh Brady B
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $320,000 Gordon Lee B
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- --
Warranty Deed $120,000 --
Warranty Deed $135,000 International Title Company
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,000 Unknown
Previous Owner $133,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Rented $2,300 0.0% --
07/31/2024 07/31/24 Under Contract -- -- --
07/09/2024 07/09/24 Price Changed $2,300 -14.8% $3 / Sq Ft
05/28/2024 05/28/24 Price Changed $2,700 -6.9% $4 / Sq Ft
04/02/2024 04/02/24 Price Changed $2,900 -10.8% $4 / Sq Ft
03/26/2024 03/26/24 Price Changed $3,250 -7.1% $5 / Sq Ft
02/29/2024 02/29/24 For Rent $3,500 0.0% --
08/12/2022 08/12/22 Sold $320,000 -13.3% $423 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $369,000 0.0% $488 / Sq Ft
01/21/2021 01/21/21 Rented $1,325 0.0% --
01/01/2021 01/01/21 Rented $1,325 0.0% --
12/29/2020 12/29/20 Under Contract -- -- --
12/22/2020 12/22/20 Under Contract -- -- --
11/30/2020 11/30/20 For Rent $1,325 -5.4% --
10/02/2020 10/02/20 For Rent $1,400 -- --
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 $5,829 $273,900 -- --
2023 $5,333 $249,000 $0 $249,000
2022 $3,009 $117,700 $0 $0
2021 $2,523 $107,000 $0 $107,000
2020 $2,706 $117,000 $0 $117,000
2019 $2,579 $117,000 $0 $117,000
2018 $2,357 $122,000 $0 $122,000
2017 $2,305 $132,000 $0 $0
2016 $2,170 $77,198 $0 $0
2015 $2,054 $70,180 $0 $0
2014 $1,710 $63,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10813248

BeachesMLS

APN: 74-43-43-27-50-002-3070