NOT LISTED FOR SALE

Rapallo 1701 S Flagler Dr Unit 609 West Palm Beach, FL 33401

El Cid Neighborhood

Estimated Value: $577,379 - $896,000

2 Beds
2 Baths
1,170 Sq Ft
$609/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $427,999 $366 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,837/month

About This Home

As of June 2021

Enjoy luxury living at its finest, in this spacious modern corner condo boasting views of the intracoastal and Palm Beach. With a large living area and split bedrooms this chic condo offers privacy and plenty of room for entertaining. The contemporary kitchen is filled with natural light, updated appliances and beautiful westward views of the sunsets. This corner unit creates a perfect secluded space for the covered balcony for you to enjoy al fresco dining and stunning views throughout the day. The upscale full service building of Rapallo is a pet friendly building with a pool, gym, parking, storage, 24-hour doorman, and onsite manager. Walk to the Norton museum, Sculpture Gardens, and restaurants. Just minutes to downtown West Palm Beach, Palm Beach, PBI airport and Brightline train!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jun 11, 2021
Sold by
Scanlan Matthew Peter
Bought by
Marovic Jude D and Marovic Maryse
Seller's Agent
Jason Haverkamp
William Raveis Real Estate
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$427,999
Sold Price
$427,999
Current Estimated Value
$712,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,346
Avg. Annual Appreciation
13.66%
Original Mortgage
$299,599
Outstanding Balance
$274,186
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$438,159

Purchase Details

Closed on
Sep 27, 2018
Sold by
Kennedy Peter Wenzel and Ancillary Estate Of Edwin Paul
Bought by
Scanlan Matthew Peter

Purchase Details

Closed on
Mar 18, 2005
Sold by
Murgola Angela and Longo Dolores
Bought by
Kennedy Edwin P and Kennedy Waltraudis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2004
Sold by
Holovach Dwight D and Izzo Holovach Lisa
Bought by
Murgola Angela and Longo Dolores

Purchase Details

Closed on
Mar 1, 2004
Sold by
Ryan June R and Ryan John
Bought by
Holovach Dwight D and Izzo Holovach Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2002
Sold by
Lagreca Richard J
Bought by
Jackson June R

Purchase Details

Closed on
Jun 6, 2000
Sold by
Hoffman Amy
Bought by
Lagreca Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Marovic Jude D $427,999 Attorney
Scanlan Matthew Peter $240,000 Attorney
Kennedy Edwin P $395,000 --
Murgola Angela $325,000 --
Holovach Dwight D $250,000 Integrity Land Title
Jackson June R $190,000 Capital Title Company
Lagreca Richard J $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marovic Jude D $299,599
Previous Owner Kennedy Edwin P $316,000
Previous Owner Holovach Dwight D $200,000
Previous Owner Lagreca Richard J $72,000
Closed Holovach Dwight D $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Rented $5,500 +10.0% --
11/10/2023 11/10/23 Price Changed $5,000 -16.7% $4 / Sq Ft
10/05/2023 10/05/23 Price Changed $6,000 -14.3% $5 / Sq Ft
09/19/2023 09/19/23 Price Changed $7,000 -12.5% $6 / Sq Ft
08/11/2023 08/11/23 Price Changed $8,000 -11.1% $7 / Sq Ft
08/07/2023 08/07/23 For Rent $9,000 0.0% --
06/15/2021 06/15/21 Sold $427,999 0.0% $366 / Sq Ft
06/15/2021 06/15/21 Sold $427,999 0.0% $366 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/16/2021 05/16/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $427,999 -4.7% $366 / Sq Ft
02/19/2021 02/19/21 For Sale $449,000 0.0% $384 / Sq Ft
06/05/2014 06/05/14 For Rent $1,600 -3.0% --
06/05/2014 06/05/14 Rented $1,650 +3.1% --
07/01/2013 07/01/13 Rented $1,600 -5.9% --
06/01/2013 06/01/13 Under Contract -- -- --
03/04/2013 03/04/13 For Rent $1,700 -- --

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 $10,063 $464,858 -- --
2023 $10,507 $422,598 $0 $0
2022 $8,298 $384,180 $0 $0
2021 $4,000 $217,000 $0 $217,000
2020 $4,589 $242,000 $0 $242,000
2019 $5,877 $298,000 $0 $298,000
2018 $5,711 $278,000 $0 $278,000
2017 $5,089 $228,000 $0 $0
2016 $4,952 $204,974 $0 $0
2015 $4,504 $186,340 $0 $0
2014 $5,165 $169,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Troy Tozlosky

    The Corcoran Group

    (813) 335-3426

    1 in this area

    20 Total Sales

    Troy Tozlosky
    Section Image

  • Y

    Buyer's Agent in 2024

    Yary Madan

    The Corcoran Group

    24 Total Sales

    Yary Madan
    Section Image

  • J

    Seller's Agent in 2021

    Jason Haverkamp

    William Raveis Real Estate

    (561) 655-6570

    9 in this area

    48 Total Sales

    Jason Haverkamp
    Section Image

  • N

    Buyer's Agent in 2021

    NON MEMBER

    NON MEMBER FIRM

  • Larry Tynes

    Buyer's Agent in 2021

    Larry Tynes

    Realty ONE Group Innovation

    (561) 472-1236

    1 in this area

    52 Total Sales

    Larry Tynes
    Section Image

  • A

    Seller's Agent in 2014

    Andre Manzi

    Premier Brokers International

    (561) 267-9090

    4 in this area

    6 Total Sales

    Andre Manzi
    Section Image
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About Rapallo

Map

Florida Palm Beach County West Palm Beach 33401 El Cid

1701 S Flagler Dr Unit 609, West Palm Beach, FL

This home is located at 1701 S Flagler Dr Unit 609, West Palm Beach, FL 33401 and is currently estimated at $712,345, approximately $608 per square foot. 1701 S Flagler Dr Unit 609 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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