$590,000
SOLD JUN 26, 2020
2 Beds
2 Baths
1,218 Sq Ft
$784/mo HOA Fee

Recently Sold

$484 Per Sq Ft

521 Days on Market

Highlights

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

About This Home

As of April 2022

Unobstructed direct intracoastal views of Palm Beach can be seen from every room of this two bedroom unit. Superbly located to the beaches, renowned Worth Avenue, The Norton Museum, The Kravis Center for the Arts and the many exciting restaurants of downtown West Palm Beach. Totally renovated and lives like a resort in this full amenity building. Furnished and ready to move in and enjoy this season. The utmost tranquil setting. Seller would consider offering it unfurnished.

Last Agent to Sell the Property

Carole Koeppel

Sotheby's International Realty, Inc. License #327796 Listed on: 01/15/2019

Sotheby's International Realty, Inc.

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $7,900

Year Built

  • Built in 1973

Lot Details

  • East Facing Home
  • Gated Home

HOA Fees

  • $784 Monthly HOA Fees

Parking

  • 1 Parking Space

Interior Spaces

  • 1,218 Sq Ft Home
  • Window Treatments
  • Dining Area
  • Storage
  • Home Gym
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Pool

  • Outdoor Pool
  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Property is near a clubhouse

Listing and Financial Details

  • Assessor Parcel Number 74434327400006080

Community Details

Overview

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

Amenities

  • Doorman
  • Common Area
  • Clubhouse
  • Laundry Facilities
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$7,900

Year Built

Built in 1973

Lot Details

0

HOA Fees

$784 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: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 7900.0
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 1218.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 784.0
  • 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
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Security:Door Person: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Security:Gate House: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Pool:Heated Elec: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Freezer, Ice Maker, Oven-Single, Microwave, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Other Flooring
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included, Other (See Remarks), Smoke Alarms
  • Living Area: 1218.0
  • Stories: 19
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Interior Features:Other (See Remarks)3: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: 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, Clubhouse, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Clubhouse: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

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

Lot Info

  • Development Status: Land Owned
  • Parcel #: 74434327400006080
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 156
  • Maintenance Expense: 784.0

Tax Info

  • Tax Annual Amount: 7900.0
  • Tax Year: 2018

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: 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 $14,069 $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: Palm Beach Board of REALTORS®

MLS Number: 19-243

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