$383,000
SOLD MAY 15, 2017
1 Bed
2 Baths
1,010 Sq Ft
$512/mo HOA Fee

Recently Sold

$379 Per Sq Ft

11% Below List Price

158 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Property fronts an intracoastal waterway
  • 5-minute walk to Norton Gallery Park

About This Home

As of May 2017

Incomparable turnkey gem with quality finishes, professionally decorated including smart TV's, completely renovated and reconfigured for today's lifestyle, open plan, modern decor with classic touches, new electric, plumbing and appliances. Two modern full baths, den/guest area, loads of closets/storage. New impact windows and doors, large master bedroom with walk-in closet. Breathtaking Intracoastal and ocean views from every room.

Last Agent to Sell the Property

Rebecca Bruder

William Raveis Palm Beach LLC License #654528 Listed on: 11/03/2016

Last Buyer's Agent

Suzanne Werson

Brown Harris Stevens of PB License #3369145

Brown Harris Stevens of PB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,427

Year Built

  • Built in 1973

HOA Fees

  • $512 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Garden

Home Design

  • Tar and Gravel Roof
  • Concrete Roof

Interior Spaces

  • 1,010 Sq Ft Home
  • Furnished
  • Den
  • Vinyl Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Home Security

Utilities

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

Additional Features

  • Heated Pool

Listing and Financial Details

  • Assessor Parcel Number 7443432740011506

Community Details

Overview

  • Association fees include management, cable TV, ground maintenance, pest control, pool(s), roof, security, water
  • 192 Units
  • Rapallo North Subdivision
  • 19-Story Property

Amenities

  • Doorman
  • Community Storage Space
  • Elevator

Recreation

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,427

Year Built

Built in 1973

Lot Details

0

HOA Fees

$512 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I95 exit Okeechobee Blvd. East to Flagler Drive. Turn right and drive to 1701 on the right.
  • Year Built: 1973
  • Entry Level: 15
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Elevator, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Vinyl
  • Living Area: 1010.0
  • Dining Room Type: Den
  • Stories: 19
  • Window Features: Drapes, Impact Glass

Exterior Features

  • View: Garden, Intercoastal, Ocean
  • Pool Features: Heated, None
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete, Tar/Gravel

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Door Man, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 512.0
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Maintenance Grounds, Pest Control, Pool(s), Roof, Security, Water

Lot Info

  • Parcel #: 7443432740011506
  • Zoning Description: 0400
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4427.0

Multi Family

  • Number Of Units In Community: 192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2016
Closed on
May 15, 2017
Sold by
Cornacchia Eileen
Bought by
Reeves Nina
Seller's Agent
Rebecca Bruder
William Raveis Palm Beach LLC
Buyer's Agent
Suzanne Werson
Brown Harris Stevens of PB
List Price
$430,000
Sold Price
$383,000
Premium/Discount to List
-$47,000
-10.93%
Total Days on Market
158
Current Estimated Value
$644,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,780
Avg. Annual Appreciation
6.67%
Original Mortgage
$268,100
Outstanding Balance
$221,990
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$422,790

Purchase Details

Listed on
Mar 9, 2016
Closed on
Apr 15, 2016
Sold by
Parks Christiane and Barral Nicholas
Bought by
Cornacchia Eilleen
Seller's Agent
LYNN WARREN
THE FITE GROUP
Buyer's Agent
REBECCA BRUDER
MCCANN COYNER CLARKE
List Price
$207,000
Sold Price
$207,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.72%

Purchase Details

Listed on
Mar 9, 2016
Closed on
Apr 8, 2016
Sold by
Wells Fargo Bank Na
Bought by
Coranacchia Eileen
Seller's Agent
LYNN WARREN
THE FITE GROUP
Buyer's Agent
REBECCA BRUDER
MCCANN COYNER CLARKE
List Price
$207,000
Sold Price
$207,000
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 Type Sale Price Title Company
Warranty Deed $383,000 Attorney
Interfamily Deed Transfer -- Attorney
Personal Reps Deed $207,000 Tobert C Sorgini Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $268,100 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2017 05/15/17 Sold $383,000 -10.9% $379 / Sq Ft
04/15/2017 04/15/17 Pending -- -- --
11/07/2016 11/07/16 For Sale $430,000 +107.7% $426 / Sq Ft
04/21/2016 04/21/16 Sold $207,000 0.0% $212 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $207,000 -- $212 / 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 $7,305 $330,088 -- --
2023 $7,063 $300,080 $0 $0
2022 $6,610 $272,800 $0 $0
2021 $5,589 $248,000 $0 $248,000
2020 $5,336 $234,000 $0 $234,000
2019 $6,008 $262,000 $0 $262,000
2018 $5,600 $252,000 $0 $252,000
2017 $4,995 $222,000 $0 $0
2016 $4,427 $192,000 $0 $0
2015 $1,006 $80,728 $0 $0
2014 $1,003 $80,087 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10281611

BeachesMLS

APN: 74-43-43-27-40-001-1506