NOT LISTED FOR SALE

Estimated Value: $935,000 - $1,216,000

2 Beds
2 Baths
1,348 Sq Ft
$823/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $1,200,000 $890 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,541/month

3 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Fitness Center
  • Balcony
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • 5-minute walk to Norton Gallery Park

About This Home

As of June 2022

It's all about the views! Own a magnificent split
2 Bedroom/2 Bath unit on the 16th floor of Rapallo North, with stunning views of the Intracoastal, Palm Beach Island and the ocean. Simple elegance at it's finest.

Last Agent to Sell the Property

Rebecca Young

Douglas Elliman License #SL-3402639 Listed on: 03/28/2022

Douglas Elliman

Last Buyer's Agent

Simon Isaacs

Simon Isaacs Real Estate LLC License #BK-3341521

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $3,374

Year Built

  • Built in 1973

Lot Details

  • East Facing Home

Interior Spaces

  • 1,348 Sq Ft Home
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Garage
  • No Garage

Outdoor Features

  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 74434327400011608

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, common area, trash, sewer
  • 156 Units
  • Rapallo North Community
  • 19-Story Property

Amenities

  • Common Area
  • Elevator

Recreation

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$3,374

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Okeechobee east to S. Flagler, right, building on the right
  • Building Name: Rapallo North
  • Garage Yn: Yes
  • Year Built: 1973
  • Location Tax Legal:Name of Building: Rapallo North
  • Location Tax Legal:Zoned: MF32
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 3374.33
  • Location Tax Legal:Tax Year2: 2021
  • General Property Description:Living Area: 1348.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 964.0
  • General Property Description:_pound_ Units in Complex: 156
  • General Property Description:_pound_ Floors: 19.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Other Flooring
  • Interior Amenities: Cable, Storage, Smoke Alarms
  • Living Area: 1348.0
  • Stories: 19
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Elevator, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes

Garage/Parking

  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Common Area, Trash, Sewer

Lot Info

  • Parcel #: 74434327400011608
  • Zoning: MF32

Multi Family

  • Number Of Units Total: 156
  • Maintenance Expense: 964.0

Tax Info

  • Tax Annual Amount: 3374.33
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 2, 2022
Sold by
Mia Martin Glickman Revocable Trust
Bought by
Cheryl Rau Trust
Seller's Agent
Rebecca Young
Douglas Elliman
Buyer's Agent
Simon Isaacs
Simon Isaacs Real Estate LLC
List Price
$1,200,000
Sold Price
$1,200,000
Total Days on Market
3
Current Estimated Value
$1,109,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$90,400
Avg. Annual Appreciation
-2.14%

Purchase Details

Listed on
Jan 29, 2021
Closed on
May 3, 2021
Sold by
Bissell Pillar D
Bought by
Martin Mia and Mia Martin Glickman Revocable
Seller's Agent
BETH MENDILLO
The Corcoran Group
Buyer's Agent
BETH MENDILLO
The Corcoran Group
List Price
$560,000
Sold Price
$530,000
Premium/Discount to List
-$30,000
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
110.20%

Purchase Details

Closed on
Feb 5, 1998
Sold by
Clayton Denise E
Bought by
Bissell Pilar D

Purchase Details

Closed on
Jul 15, 1996
Sold by
Dennis E Wickline Tr and Denise E Clayton Tr
Bought by
Clayton Denise E

Purchase Details

Closed on
Jan 31, 1995
Sold by
Wickline Elynor and Head Elynor Wickline
Bought by
Wickline Elynor
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
Cheryl Rau Trust $1,200,000 Sniffen & Spellman Pa
Martin Mia $530,000 Standard Title Ins Agcy Inc
Bissell Pilar D $136,000 --
Clayton Denise E $100 --
Wickline Elynor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bissell George $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2022 06/09/22 Sold $1,200,000 0.0% $890 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $1,200,000 +126.4% $890 / Sq Ft
05/05/2021 05/05/21 Sold $530,000 -5.4% $393 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $560,000 -- $415 / 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 $15,752 $760,000 -- --
2023 $18,951 $910,000 $0 $910,000
2022 $10,798 $502,740 $0 $0
2021 $3,374 $188,748 $0 $0
2020 $3,350 $186,142 $0 $0
2019 $3,303 $181,957 $0 $0
2018 $3,094 $178,564 $0 $0
2017 $3,033 $174,891 $0 $0
2016 $3,019 $171,294 $0 $0
2015 $3,078 $170,103 $0 $0
2014 $3,078 $168,753 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-467

APN: 74-43-43-27-40-001-1608