NOT LISTED FOR SALE

Estimated Value: $939,000 - $1,275,000

2 Beds
2 Baths
1,348 Sq Ft
$740/mo HOA Fee

Last Sold June 08, 2022

Last sale price $1,275,000 $946 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $8,314/month

37 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Gated with Attendant
  • Palm Beach Public School Rated A-
  • Property fronts an intracoastal waterway
  • 5-minute walk to Norton Gallery Park

About This Home

As of June 2022

Enjoy wonderful sunrises in this beautiful 2BR/2BA condo with private, direct east facing views of the Intracoastal and Palm Beach. Living room and kitchen open to a wide covered balcony for entertaining and water views. Full-service, pet-friendly building includes parking, pool, gym, 24-hour doorman, and professional onsite managers. Well-maintained with new roof rebar, concrete restoration, paint and pool.

Last Agent to Sell the Property

Don Langdon

Douglas Elliman License #3001101 Listed on: 04/01/2022

Douglas Elliman

Last Buyer's Agent

Laurette Seltzer

BWG Realty License #3093216

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,003

Year Built

  • Built in 1973

Lot Details

HOA Fees

  • $740 Monthly HOA Fees

Property Views

Interior Spaces

  • 1,348 Sq Ft Home
  • Wet Bar
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Home Security

  • Home Security System
  • Security Lights

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74434327400008070

Community Details

Overview

  • Association fees include common areas, hot water, insurance, laundry, ground maintenance, maintenance structure, parking, pest control, pool(s), roof, sewer, security, trash, water
  • Rapallo North Subdivision
  • 19-Story Property

Amenities

  • Doorman
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,003

Year Built

Built in 1973

Lot Details

0

HOA Fees

$740 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. Guest parking designated with yellow curbs.
  • Year Built: 1973
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Elevator, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1348.0
  • Stories: 19

Exterior Features

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

Garage/Parking

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

Utilities

  • Security: Security System, Door Man, Gated with Guard, Security Guard, Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association Fee: 740.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Hot Water, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434327400008070
  • Zoning Description: MF32 (ci

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7003.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jun 8, 2022
Sold by
Ramos Ana M
Bought by
Melamud Lucy
Seller's Agent
Don Langdon
Douglas Elliman
Buyer's Agent
Laurette Seltzer
BWG Realty
List Price
$1,275,000
Sold Price
$1,275,000
Total Days on Market
37
Current Estimated Value
$1,138,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$136,287
Avg. Annual Appreciation
-3.70%
Original Mortgage
$250,000
Outstanding Balance
$239,238
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$899,475

Purchase Details

Listed on
Nov 7, 2021
Closed on
Mar 11, 2022
Sold by
Sirin and Ala
Bought by
Ramos Ana M
Seller's Agent
EROL SUUCTUGU
Heartland Realty Group LLC
Buyer's Agent
Robert Jackson
Bob Jackson, Inc.
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
695.92%

Purchase Details

Listed on
Dec 9, 2015
Closed on
Feb 29, 2016
Sold by
Hsbc Bank Usa Na
Bought by
Sirin Cem and Aysal Ala
Seller's Agent
Peggy Purcell
Inactive member
Buyer's Agent
Mustafa Altinok
Capital Investments R.E. Corp.
List Price
$420,000
Sold Price
$357,000
Premium/Discount to List
-$63,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.91%

Purchase Details

Listed on
Dec 9, 2015
Closed on
Feb 1, 2016
Bought by
Sirin Cem
Seller's Agent
Peggy Purcell
Inactive member
Buyer's Agent
Mustafa Altinok
Capital Investments R.E. Corp.
List Price
$420,000
Sold Price
$357,000
Premium/Discount to List
-$63,000
-15%

Purchase Details

Closed on
Nov 13, 2015
Sold by
Raphael Jeffery
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Aug 31, 2005
Sold by
Stamatakis Nancy A
Bought by
Raphael Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,200
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 16, 2005
Sold by
Zeidel Diana and Getlan Susan
Bought by
Stamatakis Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 19, 2003
Sold by
Zeidel Diana and Getlan Susan
Bought by
Zeidel Diana and Getlan Susan
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
Melamud Lucy $1,275,000 New Title Company Name
Ramos Ana M $775,000 New Title Company Name
Sirin Cem $257,000 Attorney
Sirin Cem $357,000 --
Hsbc Bank Usa National Association $355,400 None Available
Raphael Jeffrey $554,000 --
Stamatakis Nancy A $490,000 --
Zeidel Diana -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melamud Lucy $250,000
Previous Owner Raphael Jeffrey $150,000
Previous Owner Raphael Jeffrey $443,200
Previous Owner Stamatakis Nancy A $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $1,275,000 0.0% $946 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $1,275,000 +64.5% $946 / Sq Ft
03/11/2022 03/11/22 Sold $775,000 -2.5% $575 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
11/07/2021 11/07/21 For Sale $795,000 0.0% $590 / Sq Ft
12/22/2020 12/22/20 Rented $3,150 -16.0% --
11/22/2020 11/22/20 Under Contract -- -- --
02/21/2020 02/21/20 For Rent $3,750 0.0% --
04/01/2016 04/01/16 Sold $357,000 -15.0% $265 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
12/09/2015 12/09/15 For Sale $420,000 0.0% $312 / Sq Ft
05/19/2014 05/19/14 Rented $28,800 +986.8% --
04/19/2014 04/19/14 Under Contract -- -- --
03/17/2014 03/17/14 For Rent $2,650 -27.4% --
12/27/2013 12/27/13 Rented -- -- --
11/27/2013 11/27/13 Under Contract -- -- --
10/04/2013 10/04/13 For Rent $3,650 -- --
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 $14,171 $730,000 -- --
2023 $17,361 $880,000 $0 $880,000
2022 $8,320 $344,300 $0 $0
2021 $7,003 $313,000 $0 $313,000
2020 $7,072 $313,000 $0 $313,000
2019 $8,891 $392,000 $0 $392,000
2018 $8,197 $372,000 $0 $372,000
2017 $8,463 $380,000 $0 $0
2016 $7,746 $340,000 $0 $0
2015 $6,345 $270,000 $0 $0
2014 $6,408 $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10788359

BeachesMLS

APN: 74-43-43-27-40-000-8070