NOT LISTED FOR SALE

Estimated Value: $873,000 - $974,000

2 Beds
2 Baths
1,348 Sq Ft
$680/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $335,000 $249 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $7,031/month

186 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 December 2017

Spacious Private Patio with Pretty Amazing Views of Intracoastal. Great for Entertaining Kids of all ages! Great New List Price, very realistic for the Mkt. with remodeled Kitchen & Baths. Master BR Closet has professional Organizers. Huge Dining Area:You won't get this size DR at either City Plaza Bldgs. Can be SOLD Furnished or Unfurnished. Upgraded IMPACT DOORS & WINDOWS(2013)/BATHS(2014)/Most All APPLIANCES (2015)/Shutters(2013)/Major Electrical upgrade(2012). Great 2nd Home-A very smart, clean Apt. right on the Lake promenade. On Flagler, but off the ''Beaten Path'' and right on the Lake Bike Path. Apt. includes One (1) Nice, Lady's ''Beach/Trail'' Bicycle! See what Rapallo has to offer & Come take a look at this Apt.

Last Agent to Sell the Property

FRANK OWEN

ILLUSTRATED PROPERTIES LLC Worth License #463302 Listed on: 05/24/2017

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $5,725

Year Built

  • Built in 1973

Lot Details

  • Southeast Facing Home
  • Gated Home

HOA Fees

  • $717 Monthly HOA Fees

Parking

  • Open Parking

Interior Spaces

  • 1,348 Sq Ft Home
  • Ceiling Fan
  • Dining Area
  • Home Gym

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Outdoor Pool
  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 74434327400002030

Community Details

Overview

  • Association fees include insurance, cable TV, trash, pest control, sewer, water
  • 156 Units
  • Rapallo North Community
  • 18-Story Property

Amenities

  • Doorman
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pet Restriction
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$5,725

Year Built

Built in 1973

Lot Details

0

HOA Fees

$717 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: S. Flagler Dr., South of Okeechobee Blvd. (1/4 Mile). Turn Right into Condo. Doorman will direct you to GUEST Parking Spots.
  • 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: Yes
  • Location Tax Legal:Taxes2: 5725.13
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 1348.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 717.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 156
  • General Property Description:_pound_ Floors: 18.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Exposure of Unit:East2: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: 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:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Security:Gate House: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Pets:Pet Type: Cat or Dog
  • Maintenance Includes:Cable TV: Yes
  • Pool:Heated Elec: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile, W/W Carpeting
  • Interior Amenities: Cable, Ceiling Fan, Smoke Alarms
  • Living Area: 1348.0
  • Stories: 18
  • Interior Features:Smoke Alarms: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony, Storm Shutters, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking:Open Parking: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Gate House, Door Person
  • 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, Cable TV, Trash, Pest Control, Sewer, Water

Lot Info

  • Parcel #: 74434327400002030
  • Zoning: RD-1

Rental Info

  • Pets Other: 20Lb. Max.

Multi Family

  • Number Of Units Total: 156
  • Maintenance Expense: 717.0

Tax Info

  • Tax Annual Amount: 5725.13
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2017
Closed on
Dec 29, 2017
Sold by
Mucci Michael C and Mucci Mary Ellen
Bought by
King Melanie A
Seller's Agent
FRANK OWEN
ILLUSTRATED PROPERTIES LLC Worth
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$335,000
Sold Price
$335,000
Current Estimated Value
$922,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,469
Avg. Annual Appreciation
14.18%
Original Mortgage
$234,500
Outstanding Balance
$200,224
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$716,045

Purchase Details

Listed on
Jun 30, 2011
Closed on
Apr 9, 2012
Sold by
Tribolati Theodore A and Tribolati Marilyn D
Bought by
Mucci Michael C and Mucci Mary Ellen
Seller's Agent
DWIGHT MAYER
PARADISE HOMES of the Palm Beaches, Inc.
Buyer's Agent
FRANK OWEN
VALORE GROUP REAL ESTATE
List Price
$202,500
Sold Price
$202,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$120,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2001
Sold by
Robert K Wood I
Bought by
Tribolati Theodore A/M D Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2000
Sold by
Swan William K
Bought by
Wood Robert K

Purchase Details

Closed on
Oct 17, 1997
Sold by
Bosco Josephine and Bosco Raymond D
Bought by
Swan William K

Purchase Details

Closed on
Jun 23, 1994
Sold by
Bosco Josephine
Bought by
Bosco Josephine and Bosco Raymond D
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
King Melanie A $335,000 Landmark Title Of Florida In
Mucci Michael C $202,500 Attorney
Tribolati Theodore A/M D Trust $202,500 --
Wood Robert K $103,500 --
Swan William K $105,000 --
Bosco Josephine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Melanie A $234,500
Previous Owner Mucci Michael C $120,000
Previous Owner Tribolati Theodore A $120,000
Previous Owner Tribolati Theodore A $130,000
Previous Owner Tribolati Theodore A $178,000
Previous Owner Swan William K $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $335,000 0.0% $249 / Sq Ft
12/29/2017 12/29/17 Sold $335,000 0.0% $227 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
11/26/2017 11/26/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $335,000 -14.1% $249 / Sq Ft
03/01/2017 03/01/17 For Sale $389,900 +92.5% $264 / Sq Ft
04/09/2012 04/09/12 Sold $202,500 0.0% $166 / Sq Ft
04/09/2012 04/09/12 Sold $202,500 0.0% $166 / Sq Ft
03/10/2012 03/10/12 Pending -- -- --
03/10/2012 03/10/12 Pending -- -- --
06/30/2011 06/30/11 For Sale $202,500 -31.4% $166 / Sq Ft
03/11/2011 03/11/11 For Sale $295,000 -- $242 / 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 $14,627 $705,000 -- --
2023 $16,949 $855,000 $0 $855,000
2022 $6,999 $289,300 $0 $0
2021 $5,915 $263,000 $0 $263,000
2020 $5,973 $263,000 $0 $263,000
2019 $7,162 $322,000 $0 $322,000
2018 $6,250 $282,000 $0 $282,000
2017 $5,303 $236,000 $0 $0
2016 $5,725 $236,918 $0 $0
2015 $5,331 $215,380 $0 $0
2014 $5,078 $195,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-1253

APN: 74-43-43-27-40-000-2030