NOT LISTED FOR SALE

Estimated Value: $888,022 - $1,178,000

2 Beds
2 Baths
1,073 Sq Ft
$956/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $1,100,000 $1,025 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,127/month

113 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 May 2024

Enjoy luxury living in this turn key fully furnished designer decorated 2-bedroom condo with amazing water views of the intracoastal, Palm Beach, marinas, and yachts. Upon entry you are greeted by a bright open living/dining room leading to a generous balcony to enjoy al fresco dining with a view. The primary bedroom boasts a custom Closet by Design and a newly renovated bathroom. The second bedroom is furnished as a den with a sleeper sofa, built-in shelving with desk area and a new bathroom. Additional upgrades include an updated kitchen with quartz countertops, beautiful millwork, impact windows and doors, a new 50-gallon water heater and enhanced electrical. Rapallo North is an upscale full-service, pet-friendly building with 24-hour doorman, on-site management, a resort-style pool, fitness center, storage, reserved parking, and guest parking. Located on West Palm Beach's "Gold Coast" Rapallo is minutes to Palm Beach restaurants and shopping, the Four Arts, Norton Museum and Rosemary Square.

Last Agent to Sell the Property

Carol Zuckert

Sotheby's International Realty, Inc. License #3494367 Listed on: 12/04/2023

Sotheby's International Realty, Inc.

Co-Listed By

Laura Pope

Sotheby's International Realty, Inc. License #SL-3425671

Last Buyer's Agent

PAT McINERNEY

Brown Harris Stevens of Palm Beach 6598 License #569864

Brown Harris Stevens of Palm Beach 6598

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $5,981

Year Built

  • Built in 1973

Lot Details

  • Southeast Facing Home
  • Gated Home

HOA Fees

  • $848 Monthly HOA Fees

Interior Spaces

  • 1,073 Sq Ft Home
  • Dining Area
  • Storage
  • Utility Room
  • Home Gym

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Security

  • Hurricane or Storm Shutters
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Open Parking

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 74434327400003050

Community Details

Overview

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

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pet Restriction
  • Small pets allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$5,981

Year Built

Built in 1973

Lot Details

0

HOA Fees

$848 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: MF32
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 5980.91
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 1073.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 848.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 156
  • General Property Description:_pound_ Floors: 19.0
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: 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:Common Area: 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: Both
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Pool:Heated Elec: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Oven-Single, Microwave, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile, W/W Carpeting
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 1073.0
  • Stories: 19
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony, Storm Shutters, Impact Doors, Impact Windows, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes
  • 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, Common Area, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 74434327400003050
  • Zoning: MF32

Multi Family

  • Number Of Units Total: 156
  • Maintenance Expense: 848.0

Tax Info

  • Tax Annual Amount: 5980.91
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
May 15, 2024
Sold by
Mary Butler Hadid Revocable Living Trust and Hadid Mary Butler
Bought by
Fichtner Mark Jorn and Jackson Jayme
Seller's Agent
Carol Zuckert
Sotheby's International Realty, Inc.
Buyer's Agent
PAT McINERNEY
Brown Harris Stevens of Palm Beach 6598
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Total Days on Market
113
Views
58
Current Estimated Value
$1,026,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,744
Avg. Annual Appreciation
-6.40%
Original Mortgage
$825,000
Outstanding Balance
$817,070
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$209,186

Purchase Details

Closed on
May 19, 2022
Sold by
Butler Hadid Mary
Bought by
Mary Butler Hadid Revocable Living Trust

Purchase Details

Closed on
Mar 4, 2016
Sold by
Hadid Mary Butler and Butler Mary
Bought by
Hadid Mary Butler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 5, 2004
Sold by
David William S and David Ashley
Bought by
Butler Mary

Purchase Details

Closed on
May 30, 2003
Sold by
Copeland Ashley and Crystal Ashley
Bought by
David William S

Purchase Details

Closed on
Oct 5, 2000
Sold by
Abn Amro Mortgage Group Inc
Bought by
Crystal Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
7.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 21, 2000
Sold by
Clerk Of The Court
Bought by
Mellon Mortgage Co

Purchase Details

Closed on
Jun 2, 1997
Sold by
Martin Frances
Bought by
Moore Joseph R

Purchase Details

Closed on
Nov 13, 1995
Sold by
Citibank
Bought by
Martin Frances
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
Fichtner Mark Jorn $1,100,000 Equity Land Title
Mary Butler Hadid Revocable Living Trust -- Moran & Associates
Hadid Mary Butler -- Attorney
Butler Mary $365,000 --
David William S $250,000 --
Crystal Ashley $135,000 --
Abn Amro Mortgage Group Inc -- --
Mellon Mortgage Co -- --
Moore Joseph R $110,000 --
Martin Frances $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fichtner Mark Jorn $825,000
Previous Owner Hadid Mary Butler $130,000
Previous Owner Butler Mary $175,000
Previous Owner Martin Frances $176,000
Previous Owner Martin Frances $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $1,100,000 -8.3% $1,025 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
12/04/2023 12/04/23 For Sale $1,200,000 0.0% $1,118 / Sq Ft
11/12/2020 11/12/20 Rented $6,167 +54.2% --
10/13/2020 10/13/20 Under Contract -- -- --
03/13/2020 03/13/20 For Rent $4,000 +100.0% --
02/29/2012 02/29/12 Rented $2,000 0.0% --
01/30/2012 01/30/12 Under Contract -- -- --
11/22/2011 11/22/11 For Rent $2,000 -- --
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 $6,210 $335,786 -- --
2023 $6,051 $326,006 $0 $0
2022 $5,981 $316,511 $0 $0
2021 $5,480 $243,000 $0 $243,000
2020 $5,534 $243,000 $0 $243,000
2019 $4,440 $233,191 $0 $0
2018 $4,182 $228,843 $0 $0
2017 $4,114 $224,136 $0 $0
2016 $4,100 $219,526 $0 $0
2015 $4,182 $218,000 $0 $0
2014 $5,198 $218,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 23-1969

APN: 74-43-43-27-40-000-3050