$410,000
SOLD AUG 15, 2018
2 Beds
2 Baths
1,348 Sq Ft
$691/mo HOA Fee

Recently Sold

$304 Per Sq Ft

14% Below List Price

230 Days on Market

Highlights

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

About This Home

As of April 2022

Beautiful view of intracoastal, Palm Beach, English gardens and pool. Seasonally used only. Impeccable 6th floor condo in a prestigious, well managed building. Close to airport, Palm Beach, City Place and highways. Luxury and convenience.2018 assessment for building upgrades paid in full April 1 and no price increase.

Last Agent to Sell the Property

Diana De Paola Nardy

Echo Fine Properties License #3018770 Listed on: 11/27/2017

Echo Fine Properties

Last Buyer's Agent

Carole Koeppel

Sotheby's Intl. Realty, Inc. License #327796

Sotheby's Intl. Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,554

Year Built

  • Built in 1973

Lot Details

HOA Fees

  • $691 Monthly HOA Fees

Property Views

Interior Spaces

  • 1,348 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Security Lights

Parking

  • Deeded Parking
  • Assigned Parking

Outdoor Features

  • No Fixed Bridges
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434327400006080

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, laundry, ground maintenance, maintenance structure, pest control, pool(s), sewer, security, trash, water
  • Rapallo Condo Subdivision
  • 18-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Community Storage Space

Recreation

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,554

Year Built

Built in 1973

Lot Details

0

HOA Fees

$691 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: South on S Flagler Drive from Ockeechobee, North on S Flagler from Belevedere and Southern to Rapallo North (1701 S Flagler).Use middle (Royal Palm Bridge) from Palm Beach, left onto S Flagler.
  • Year Built: 1973
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Entrance Foyer, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1348.0
  • Stories: 18

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Pool
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, No Fixed Bridges
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Deeded

Utilities

  • Laundry Features: Common Area
  • Security: Security System, Closed Circuit Camera(s), Door Man, Gated with Guard, Security Lights
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 691.0
  • Community Features: Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Laundry, Management, Pool, Sauna, Storage
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434327400006080
  • Lot Size Sq Ft: 165417.0
  • Zoning Description: MF32(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7554.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Apr 5, 2022
Sold by
Beth Koenig Mary
Bought by
Andrews Matthew and Thurston Amanda L
Seller's Agent
Hadar Goldberg PA
Keller Williams Realty - Welli
Buyer's Agent
Simon Isaacs
Simon Isaacs Real Estate LLC
List Price
$975,000
Sold Price
$999,000
Premium/Discount to List
$24,000
2.46%
Current Estimated Value
$1,039,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,205
Avg. Annual Appreciation
1.53%
Original Mortgage
$763,200
Outstanding Balance
$716,798
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$333,967

Purchase Details

Listed on
Jan 15, 2019
Closed on
Jun 23, 2020
Sold by
Walin Kimberly K
Bought by
Koenig Mary Beth
Seller's Agent
Carole Koeppel
Sotheby's International Realty, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$590,000
Sold Price
$590,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.43%
Original Mortgage
$531,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 27, 2017
Closed on
Aug 15, 2018
Sold by
Davis William and Davis Anne Marie
Bought by
Walin Kimberly K
Seller's Agent
Diana De Paola Nardy
Echo Fine Properties
Buyer's Agent
Carole Koeppel
Sotheby's Intl. Realty, Inc.
List Price
$475,000
Sold Price
$410,000
Premium/Discount to List
-$65,000
-13.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.49%

Purchase Details

Closed on
Jun 6, 2001
Sold by
Joseph Demelo M and Aeyung-Par Demelo M
Bought by
Davis William and Davis Sylvette G

Purchase Details

Closed on
Apr 14, 2000
Sold by
Pr Roberta Jennings
Bought by
Demelo Joseph and Demelo Aeyung P
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 $999,000 Rabideau Klein
Warranty Deed $590,000 Attorney
Warranty Deed $410,000 Attorney
Warranty Deed $259,000 --
Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $763,200 New Conventional
Previous Owner $531,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold $999,000 +2.5% $741 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $975,000 +65.3% $723 / Sq Ft
06/26/2020 06/26/20 Sold $590,000 0.0% $484 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
01/15/2019 01/15/19 For Sale $590,000 +43.9% $484 / Sq Ft
08/15/2018 08/15/18 Sold $410,000 -13.7% $304 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
11/27/2017 11/27/17 For Sale $475,000 -- $352 / Sq Ft
Source: BeachesMLS

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 $14,069 $720,000 -- --
2023 $17,258 $870,000 $0 $870,000
2022 $11,491 $519,200 $0 $0
2021 $10,460 $472,000 $0 $472,000
2020 $6,940 $307,000 $0 $307,000
2019 $8,802 $388,000 $0 $388,000
2018 $7,900 $368,000 $0 $368,000
2017 $7,554 $376,000 $0 $0
2016 $6,990 $292,600 $0 $0
2015 $6,252 $266,000 $0 $0
2014 $6,042 $248,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10384877

BeachesMLS

APN: 74-43-43-27-40-000-6080