NOT LISTED FOR SALE

Estimated Value: $1,180,000 - $1,677,000

3 Beds
2 Baths
1,776 Sq Ft
$765/Sq Ft Est. Value

Last Sold March 12, 2013

Last sale price $425,000 $239 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $10,001/month

235 Days on Market

Highlights

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

About This Home

As of March 2013

Incredible price for 3 Bedroom, 17th floor. New paint, carpet and stainless appliances. A clean palet to remodel to your taste. Full service building includes doorman, fitness center, heated pool. Covered parking. Pet friendly building.

Last Agent to Sell the Property

Mary Overall Rich

Mary Overall Real Estate License #572396 Listed on: 01/02/2012

Last Buyer's Agent

Mary Overall Rich

Mary Overall Real Estate License #572396 Listed on: 01/02/2012

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $7,749

Year Built

  • Built in 1973

Lot Details

  • Southeast Facing Home
  • Back Yard Fenced

HOA Fees

  • $826 Monthly HOA Fees

Interior Spaces

  • 1,776 Sq Ft Home
  • Dining Area
  • Storage
  • Home Gym
  • Wall to Wall Carpet
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Parking Space
  • Covered Parking
  • Open Parking

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434327400011702

Community Details

Overview

  • Association fees include insurance, cable TV, common area, trash, sewer, water
  • 156 Units
  • Rapallo North Community
  • 19-Story Property

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$7,749

Year Built

Built in 1973

Lot Details

0

HOA Fees

$826 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Flagler Drive, south of Okeechobee.
  • Building Name: Rapallo North
  • Year Built: 1973
  • Location Tax Legal:Name of Building: Rapallo North
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 7749.0
  • Location Tax Legal:Tax Year2: 2010
  • General Property Description:Living Area: 1776.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 826.0
  • General Property Description:Per: Month
  • 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
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Security:Door Person: 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
  • Maintenance Includes:Water2: 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 Bike Path2: Yes
  • Pool:Heated Elec: Yes
  • Waterfront-Building:ICW-Across Bike Path: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave, Range - Electric
  • Total Bedrooms: 3
  • Flooring: W/W Carpeting
  • Interior Amenities: Cable, Storage, Other (See Remarks)
  • Living Area: 1776.0
  • Stories: 19
  • Interior Features:Storage: Yes
  • Interior Features:Other (See Remarks)3: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Other (See Remarks)8: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony, Storm Shutters, Fence - Back Wall, Elevator, Exercise Room, Lobby, Other (See Remarks)
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Other (See Remarks)7: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes
  • Parking:Open Parking: Yes
  • Parking:Covered Parking: Yes
  • Parking:Other2: Yes

Utilities

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

Condo/Co-op/Association

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

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Trash, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 74434327400011702
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 156
  • Maintenance Expense: 826.0

Tax Info

  • Tax Annual Amount: 7749.0
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2012
Closed on
Mar 11, 2013
Sold by
Sanchez Mary Diane
Bought by
Channel Marker 1023 Llc
Seller's Agent
Mary Overall Rich
Mary Overall Real Estate
Buyer's Agent
Mary Overall Rich
Mary Overall Real Estate
List Price
$425,000
Sold Price
$425,000
Total Days on Market
235
Current Estimated Value
$1,359,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$934,495
Avg. Annual Appreciation
10.35%

Purchase Details

Closed on
Dec 16, 2011
Sold by
Wells Fargo Bank Na
Bought by
Sanchez Mary Diane

Purchase Details

Closed on
Sep 15, 2011
Sold by
Clarke John M
Bought by
Wachovia Mortgage Fsb

Purchase Details

Closed on
Jan 17, 2007
Sold by
Clarke John M
Bought by
Clarke John M

Purchase Details

Closed on
Nov 8, 2000
Sold by
Loeb Michel
Bought by
Clarke Margaret U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1999
Sold by
Paolozzi Alice S
Bought by
Loeb Michel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.89%
Mortgage Type
New Conventional
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
Channel Marker 1023 Llc $425,000 Attorney
Sanchez Mary Diane $355,500 Attorney
Wachovia Mortgage Fsb $300 None Available
Clarke John M -- Attorney
Clarke Margaret U $285,000 --
Loeb Michel $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clarke John M $100,000
Previous Owner Clarke Margaret Upham $70,000
Previous Owner Clarke John M $420,000
Previous Owner Clarke John M $138,000
Previous Owner Clarke Margaret Upham $168,000
Previous Owner Loeb Michel $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2013 03/12/13 Sold $425,000 0.0% $239 / Sq Ft
08/24/2012 08/24/12 Pending -- -- --
01/02/2012 01/02/12 For Sale $425,000 -- $239 / 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 $18,511 $758,670 -- --
2023 $18,999 $689,700 $0 $0
2022 $14,717 $627,000 $0 $0
2021 $12,592 $570,000 $0 $570,000
2020 $12,718 $570,000 $0 $570,000
2019 $13,739 $635,000 $0 $635,000
2018 $12,130 $575,000 $0 $575,000
2017 $10,987 $495,000 $0 $0
2016 $10,549 $465,000 $0 $0
2015 $10,147 $435,000 $0 $0
2014 $10,248 $435,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 11-2866

APN: 74-43-43-27-40-001-1702