$207,000
SOLD APR 21, 2016
1 Bed
1 Bath
978 Sq Ft
$493/mo HOA Fee

Recently Sold

$212 Per Sq Ft

8 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Balcony
  • Palm Beach Public School Rated A-
  • Gas Heated Pool
  • 5-minute walk to Norton Gallery Park

About This Home

As of May 2017

The Rapallo North is a very well located building situated alongside the Intra-Coastal Waterway and convenient to shopping and dining in both West Palm and Palm Beach. The beautiful ocean and Intra-coastal waterway views from this 15th floor one bedroom apartment provide a new owner great incentive to renovate. This ''06'' line apartment offers an oversized bedroom and side walls on the terrace offering privacy. The unit is near an elevator and the laundry is nearby. Included in the sale are brand new storm impact doors and windows that are paid for and scheduled for installation in early May when work may begin at Rapallo North.

Last Agent to Sell the Property

LYNN WARREN

THE FITE GROUP Listed on: 03/09/2016

Co-Listed By

GARY LITTLE

THE FITE GROUP

Last Buyer's Agent

REBECCA BRUDER

MCCANN COYNER CLARKE

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $1,006

Year Built

  • Built in 1973

Lot Details

  • East Facing Home

HOA Fees

  • $493 Monthly HOA Fees

Parking

  • 1 Parking Space

Interior Spaces

  • 978 Sq Ft Home
  • Dining Area

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Pool

  • Gas Heated Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control

Listing and Financial Details

  • Assessor Parcel Number 74434327400011506

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 192 Units
  • Rapallo North Community
  • On-Site Maintenance
  • 19-Story Property

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$1,006

Year Built

Built in 1973

Lot Details

0

HOA Fees

$493 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Rapallo North
  • Year Built: 1973
  • Location Tax Legal:Name of Building: Rapallo North
  • Location Tax Legal:Zoned: 0400
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 1006.0
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Living Area: 978.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 493.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 192
  • General Property Description:_pound_ Floors: 19.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:WW Carpeting: Yes
  • Laundry:Laundry in Building: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile, W/W Carpeting
  • Interior Amenities: Cable
  • Living Area: 978.0
  • Stories: 19
  • Interior Features:Cable: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 74434327400011506
  • Zoning: 0400

Multi Family

  • Number Of Units Total: 192
  • Maintenance Expense: 493.0

Tax Info

  • Tax Annual Amount: 1006.0
  • Tax Year: 2015

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
8
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
6.37%
Original Mortgage
$268,100
Outstanding Balance
$221,990
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$408,239

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: Palm Beach Board of REALTORS®

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: Palm Beach Board of REALTORS®

MLS Number: 16-608

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