$385,000
SOLD JUN 30, 2015
2 Beds
2 Baths
1,348 Sq Ft
$698/mo HOA Fee

Recently Sold

$286 Per Sq Ft

9 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Outdoor Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Balcony

About This Home

As of December 2020

Great buy in wonderful building. Large 2bedroom with split floor plan. Sensational views of Intracoastal and Palm Beach. Close to everything with all the services and pet friendly.

Last Agent to Sell the Property

Anne Hamilton

Brown Harris Stevens of Palm Beach 5225 Listed on: 06/01/2015

Brown Harris Stevens of Palm Beach 5225

Co-Listed By

JOHANNA KENDALL

Brown Harris Stevens of Palm Beach 0039

Last Buyer's Agent

ANNE HAMILTON

Brown Harris Stevens of Palm Beach 0039

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $5,475

Year Built

  • Built in 1973

Lot Details

  • North Facing Home

HOA Fees

  • $698 Monthly HOA Fees

Parking

  • Open Parking

Interior Spaces

  • 1,348 Sq Ft Home
  • Ceiling Fan
  • Dining Area
  • Storage

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434327410011005

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, sewer, water
  • 192 Units
  • Rapallo South Community
  • On-Site Maintenance
  • 19-Story Property

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$5,475

Year Built

Built in 1973

Lot Details

0

HOA Fees

$698 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Flagler Drive between Okeechobee and Southern Blvds.
  • Building Name: Rapallo South
  • Year Built: 1973
  • Location Tax Legal:Name of Building: Rapallo South
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 5475.13
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Living Area: 1348.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 698.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 192
  • General Property Description:_pound_ Floors: 19.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Floors:WW Carpeting: Yes
  • Laundry:Laundry in Building: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:ICW-Across Bike Path: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Tile, W/W Carpeting
  • Interior Amenities: Cable, Ceiling Fan, Storage, Smoke Alarms
  • Living Area: 1348.0
  • Stories: 19
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Storm Shutters- Auto, Elevator, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Storm Shutters- Auto: Yes

Garage/Parking

  • Parking:Open Parking: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes

Association/Amenities

  • Restrictions:Co-Op Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 74434327410011005
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 192
  • Maintenance Expense: 698.0

Tax Info

  • Tax Annual Amount: 5475.13
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 1, 2020
Sold by
Stautberg Susan Schiffer
Bought by
Fox Steven B
Seller's Agent
Lucy Bauer
Brown Harris Stevens of PB
List Price
$475,000
Sold Price
$445,000
Premium/Discount to List
-$30,000
-6.32%
Total Days on Market
9
Current Estimated Value
$793,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,795
Avg. Annual Appreciation
12.17%
Original Mortgage
$356,000
Outstanding Balance
$321,096
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$439,577

Purchase Details

Listed on
Jun 1, 2015
Closed on
Jun 26, 2015
Sold by
Hallingby Mai V
Bought by
Stautberg Susan Schiffer
Seller's Agent
Anne Hamilton
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
Anne Hamilton
Brown Harris Stevens of Palm Beach 5225
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%

Purchase Details

Closed on
May 18, 2005
Sold by
Geraghty Anne
Bought by
Hallingby Mai

Purchase Details

Closed on
Jan 31, 2002
Sold by
Campola Maureen
Bought by
Kauffman Stephanie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.86%

Purchase Details

Closed on
Sep 3, 1996
Sold by
Powers Margaret M
Bought by
Powers Margaret M
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 $445,000 Equity Land Title Llc
Warranty Deed $385,000 Attorney
Warranty Deed $450,000 --
Warranty Deed $200,000 Terramar Guaranty Title & Tr
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,000 New Conventional
Previous Owner $325,000 Negative Amortization
Previous Owner $183,500 Balloon
Previous Owner $180,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $445,000 -6.3% $330 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $475,000 0.0% $352 / Sq Ft
10/29/2018 10/29/18 Rented $4,750 -5.0% --
09/29/2018 09/29/18 Under Contract -- -- --
01/05/2018 01/05/18 For Rent $5,000 0.0% --
06/30/2015 06/30/15 Sold $385,000 0.0% $286 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $385,000 -- $286 / Sq Ft
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 $6,092 $330,004 -- --
2023 $5,935 $320,392 $0 $0
2022 $5,866 $311,060 $0 $0
2021 $5,848 $302,000 $0 $302,000
2020 $6,500 $287,000 $0 $287,000
2019 $8,062 $374,000 $0 $374,000
2018 $6,942 $314,000 $0 $314,000
2017 $6,576 $294,000 $0 $0
2016 $7,387 $324,000 $0 $0
2015 $6,052 $234,740 $0 $0
2014 -- $213,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-1171

APN: 74-43-43-27-41-001-1005