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

Recently Sold

$366 Per Sq Ft

5% Below List Price

85 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 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

Last Agent to Sell the Property

Jason Haverkamp

William Raveis Real Estate License #3413049 Listed on: 02/18/2021

Last Buyer's Agent

Larry Tynes

Realty ONE Group Innovation License #3349975

Realty ONE Group Innovation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,589

Year Built

  • Built in 1973

Lot Details

HOA Fees

  • $741 Monthly HOA Fees

Property Views

  • Garden

Interior Spaces

  • 1,170 Sq Ft Home
  • Bar
  • Plantation Shutters
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Closed Circuit Camera

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

  • Guest Parking
  • Open Parking
  • Assigned Parking

Schools

  • Palm Beach Public Elementary School
  • Conniston Community Middle School
  • Forest Hill High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 74434327400006090

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, maintenance structure, pest control, sewer, security, trash, water
  • High-Rise Condominium
  • Rapallo Condo Subdivision
  • 19-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Community Library
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,589

Year Built

Built in 1973

Lot Details

0

HOA Fees

$741 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From Okeechobee Blvd head south on Flagler Dr along the Intracoastal to the Rapallo
  • Year Built: 1973
  • Architectural Style: High Rise
  • Entry Level: 6
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Split Bedrooms, Tub Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other, Tile
  • Living Area: 1170.0
  • Dining Room Type: Storage Room
  • Stories: 19
  • Window Features: Blinds, Impact Glass, Plantation Shutters

Exterior Features

  • View: Garden, Intercoastal, Pool, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Guest, Open

Utilities

  • Security: Closed Circuit Camera(s), Door Man, Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 741.0
  • Community Features: Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Library, Management, Pool, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Structure, Pest Control, Sewer, Security, Trash, Water

Schools

  • Elementary School: Palm Beach Public
  • High School: Forest Hill
  • Middle Or Junior School: Conniston Community

Lot Info

  • Parcel #: 74434327400006090
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4589.0

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
$725,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,930
Avg. Annual Appreciation
13.27%
Original Mortgage
$299,599
Outstanding Balance
$272,428
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$453,501

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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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: 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 $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: BeachesMLS

MLS Number: R10693596

BeachesMLS

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