$427,999
SOLD JUN 15, 2021
2 Beds
2 Baths
1,170 Sq Ft
$741/mo HOA Fee

Recently Sold

$366 Per Sq Ft

41 Days on Market

Highlights

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

About This Home

As of June 2021

Enjoy the exceptional, expansive views of the Intracoastal, Palm Beach, and downtown from this modern condo. The Rapallo's prestigious S Flagler Dr location borders the historic El Cid neighborhood with quick access to downtown and Palm Beach. Sunny and bright corner unit offers a private, quiet setting that presents a view from every room while providing all-day sunshine. Renovated 2BR/2BA home features an open split floorplan with dual master suites and impact glass. Open, gourmet kitchen features slow close cabinetry, stainless steel appliances, and quartz countertops. Spacious living room opens to a private covered balcony for entertaining with water and garden views. Full service, pet friendly building includes pool, gym, parking, storage, 24-hour doorman, and onsite manager. Walk to the Norton museum, Sculpture Gardens, and restaurants. Just minutes to PBI airport and Brightline train.

Last Agent to Sell the Property

Jason Haverkamp

William Raveis Real Estate License #SL-3413049 Listed on: 04/07/2021

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $4,589

Year Built

  • Built in 1973

HOA Fees

  • $741 Monthly HOA Fees

Interior Spaces

  • 1,170 Sq Ft Home
  • Entrance Foyer
  • Living Room
  • Storage
  • Home Gym
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door

Parking

  • Parking Available
  • Open Parking

Outdoor Features

  • Outdoor Pool

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control

Listing and Financial Details

  • Assessor Parcel Number 74434327400006090

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

Pet Policy

  • Pet Restriction
  • Small pets allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$4,589

Year Built

Built in 1973

Lot Details

0

HOA Fees

$741 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: From Okeechobee Blvd head south on Flagler Dr along the Intracoastal to Rapallo
  • 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: No
  • Location Tax Legal:Taxes2: 4589.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 1170.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 740.58
  • 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
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Security:Security System: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Waterfront-Unit:ICW-Across Street2: Yes
  • ACHeat:Units Air: Yes
  • ACHeat:Units Heat: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Oven-Single, Microwave, Range - Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Other Flooring
  • Interior Amenities: Storage, Wndw Trmnts Included
  • Living Area: 1170.0
  • Stories: 19
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, 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

Garage/Parking

  • Parking:Open Parking: Yes
  • Parking 1 Car2: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Security System, Door Person
  • Cooling: Units Air
  • Cooling Y N: Yes
  • Heating: Units Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • 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

  • Parcel #: 74434327400006090
  • Zoning: MF32

Rental Info

  • Pets Other: 1 dog or 2 cats

Multi Family

  • Number Of Units Total: 156
  • Maintenance Expense: 740.58

Tax Info

  • Tax Annual Amount: 4589.0
  • Tax Year: 2020

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
$742,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,694
Avg. Annual Appreciation
13.61%
Original Mortgage
$299,599
Outstanding Balance
$274,186
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$451,743

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

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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 Type Sale Price Title Company
Warranty Deed $427,999 Attorney
Personal Reps Deed $240,000 Attorney
Warranty Deed $395,000 --
Warranty Deed $325,000 --
Warranty Deed $250,000 Integrity Land Title
Warranty Deed $190,000 Capital Title Company
Warranty Deed $77,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $299,599 New Conventional
Previous Owner $316,000 Purchase Money Mortgage
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $72,000 New Conventional
Closed $25,000 No Value Available
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 -- --
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 $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

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-271

APN: 74-43-43-27-40-000-6090