NOT LISTED FOR SALE

Estimated Value: $441,998 - $648,000

1 Bed
1.5 Baths
978 Sq Ft
$781/mo HOA Fee

Last Sold June 13, 2023

Last sale price $440,000 $450 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,242/month

254 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 2023

Get ready to take in the breathtaking views that will greet you each time you enter your beautiful condo. This light and airy condo will be your haven as you watch the boats go by on the intracoastal waterway. Beautiful kitchen and baths, stainless steel appliances; and a gorgeous wet bar that's perfect for entertaining. This gorgeous condo has a Boho-chic flair that will not disappoint. The 1701 building recently underwent renovations to the hallways, pool, landscaping and roof. Nothing else to do but enjoy the amenities (including a gym!) or sit on your covered balcony and soak in the fantastic view of the intracoastal and Palm Beach Island. You're literally minutes from the ocean, Clematis Street and all the fun and nightlife that downtown West Palm has to offer!

Last Agent to Sell the Property

Carol Watson

RE/MAX Prestige Realty License #3134886 Listed on: 09/28/2022

RE/MAX Prestige Realty

Last Buyer's Agent

Amanda Glass

Sandals Realty Group, Inc. License #3088920

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,070

Year Built

  • Built in 1973

Lot Details

HOA Fees

  • $781 Monthly HOA Fees

Interior Spaces

  • 978 Sq Ft Home
  • Wet Bar
  • Partially Furnished
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Parking

  • Guest Parking
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434327400007040

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, trash, water
  • High-Rise Condominium
  • Rapallo Condo Subdivision
  • 18-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Community Library
  • Laundry Facilities
  • Elevator

Recreation

  • Trails

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,070

Year Built

Built in 1973

Lot Details

0

HOA Fees

$781 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Okeechobee Blvd to Flagler, south on Flagler to 1st Rapallo building - 1701
  • Year Built: 1973
  • Architectural Style: High Rise
  • Entry Level: 7
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Eat-in Kitchen, Living/Dining Room, Pantry, Walk-In Closet(s)
  • Furnished: Partially
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Living Area: 978.0
  • Dining Room Type: Great Room
  • Stories: 18
  • Window Features: Sliding

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Door Man, Gated with Guard, Key Card Entry
  • Cooling: Central Air, Electric
  • 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: 781.0
  • Community Features: Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Laundry, Library, Management, Pool, Trail(s), Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Trash, Water

Lot Info

  • Parcel #: 74434327400007040
  • Lot Size: East of US-1,Paved Road
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6070.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Jun 13, 2023
Sold by
Aasbo Sarah V and Aasbo Johan David
Bought by
Evans Clark and Evans Cindy
Seller's Agent
Carol Watson
RE/MAX Prestige Realty
Buyer's Agent
Amanda Glass
Sandals Realty Group, Inc.
List Price
$595,000
Sold Price
$440,000
Premium/Discount to List
-$155,000
-26.05%
Total Days on Market
254
Views
49
Current Estimated Value
$517,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,000
Avg. Annual Appreciation
8.53%
Original Mortgage
$270,000
Outstanding Balance
$264,153
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$252,847

Purchase Details

Closed on
Apr 24, 2013
Sold by
Aasbo Suzanne V
Bought by
Aasbo Suzanne and Aasbo Sarah

Purchase Details

Closed on
Jun 16, 2003
Sold by
Heideman George J
Bought by
Aasbo Suzanne
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 Buyer Sale Price Title Company
Evans Clark $440,000 None Listed On Document
Aasbo Suzanne -- Attorney
Aasbo Suzanne $150,000 Universal Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Clark $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 Sold $440,000 -2.0% $450 / Sq Ft
04/29/2023 04/29/23 Price Changed $449,000 -9.3% $459 / Sq Ft
03/24/2023 03/24/23 Price Changed $495,000 -3.9% $506 / Sq Ft
01/02/2023 01/02/23 Price Changed $515,000 -6.3% $527 / Sq Ft
11/17/2022 11/17/22 Price Changed $549,900 -7.6% $562 / Sq Ft
10/02/2022 10/02/22 For Sale $595,000 -- $608 / 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 $6,705 $360,000 -- --
2023 $6,475 $272,250 $0 $0
2022 $6,070 $247,500 $0 $0
2021 $5,089 $225,000 $0 $225,000
2020 $5,028 $220,000 $0 $220,000
2019 $5,531 $248,000 $0 $248,000
2018 $4,957 $238,000 $0 $238,000
2017 $4,503 $208,000 $0 $0
2016 $4,114 $178,000 $0 $0
2015 $2,353 $138,633 $0 $0
2014 $2,352 $137,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10835028

BeachesMLS

APN: 74-43-43-27-40-000-7040