$185,000
SOLD DEC 2, 2021

1606 Palm Beach Trace Dr Royal Palm Beach, FL 33411

2 Beds
2 Baths
1,201 Sq Ft
$215/mo HOA Fee

Recently Sold

$154 Per Sq Ft

5% Below List Price

42 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Breakfast Bar
  • H.L. Johnson Elementary School Rated A-
  • Community Pool
  • Laundry Room

About This Home

As of December 2021

Very spacious Condo with Golf Course Views This split bedroom plan has Wood Laminate Flooring and Tile throughout. New A/C 2020 New Whirlpool Washer & Dryer inside unit, Convenient location, close to schools, shopping, hospitals and dining. Plenty of parking & Low CONDO fees with a Pool & Recreation Facility Great for family or Investors. NO AGE RESTRICTIONS... NO RENTAL RESTRICTIONS...

Last Agent to Sell the Property

Bobbi Stribling

Triple Crown Properties License #3073223 Listed on: 09/20/2021

Last Buyer's Agent

Lars Demus

EXP Realty LLC License #03238661

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,062

Year Built

  • Built in 1990

HOA Fees

  • $215 Monthly HOA Fees

Property Views

  • Lake
  • Golf Course

Interior Spaces

  • 1,201 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Guest Parking
  • Assigned Parking

Additional Features

  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 72414323110161606

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, pool(s), water
  • Palm Beach Trace Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,062

Year Built

Built in 1990

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: CRESTWOOD BLVD TO COUNTRY CLUB DRIVE TO PALM BEACH TRACE
  • Year Built: 1990
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Living/Dining Room, Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1201.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • View: Golf Course, Lake
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 215.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Water

Lot Info

  • Parcel #: 72414323110161606
  • Zoning Description: RM-18(
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2062.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2021
Closed on
Dec 2, 2021
Sold by
Perez Dana Marie and Silva Dana Marie
Bought by
Demus Zdenka and Demus Lars
Seller's Agent
Lars Demus
EXP Realty LLC
Buyer's Agent
Nicholas Maruri
Keller Williams Realty - Welli
Sold Price
$1,800
Total Days on Market
42
Current Estimated Value
$249,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,767
Avg. Annual Appreciation
8.61%
Original Mortgage
$129,500
Outstanding Balance
$120,293
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$127,357

Purchase Details

Closed on
Oct 5, 2005
Sold by
Pellegrino Tiffany L Silva
Bought by
Silva Dana Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 21, 2003
Sold by
Reesa William H and Sutton Brown Beverly
Bought by
Silva Tiffany L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
7.5%

Purchase Details

Closed on
Oct 23, 1996
Sold by
Dunford Margaret Rose
Bought by
Rees William H
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 $185,000 Suncoast Ttl Of Wellington I
Warranty Deed $132,000 Signature Title Llc
Warranty Deed $78,000 Sunbelt Title Agency
Warranty Deed $58,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $129,500 New Conventional
Previous Owner $94,450 New Conventional
Previous Owner $105,600 Fannie Mae Freddie Mac
Previous Owner $62,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 For Rent $1,950 +8.3% --
12/29/2021 12/29/21 Rented $1,800 0.0% --
12/02/2021 12/02/21 Sold $185,000 -5.1% $154 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $195,000 -- $162 / 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 $3,796 $199,940 -- --
2023 $3,444 $181,764 $0 $0
2022 $3,200 $165,240 $0 $0
2021 $2,197 $116,000 $0 $116,000
2020 $2,062 $111,000 $0 $111,000
2019 $1,958 $108,000 $0 $108,000
2018 $1,766 $103,000 $0 $103,000
2017 $1,608 $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

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Map

Source: BeachesMLS

MLS Number: R10746705

BeachesMLS

APN: 72-41-43-23-11-016-1606