NOT LISTED FOR SALE

Estimated Value: $834,000 - $1,186,000

2 Beds
2 Baths
1,121 Sq Ft
$900/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $1,100,000 $981 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,501/month

233 Days on Market

Highlights

  • Doorman
  • Lake Front
  • Outdoor Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Home Gym

About This Home

As of April 2023

Beautifully remodeled 2BR/2BA waterfront condominium. Gorgeous eastern Intracoastal, ocean, and Palm Beach views. Pristine contemporary kitchen with custom cabinetry and stainless steel appliances. Impact windows and doors throughout. Solar shades in the living room and plantation shutters in each bedroom. Closets feature custom wood shelving. Guest bedroom doubles as a library with built-in bookcases and drawers. Owner's bath with custom built vanity and large soaking tub. The Rapallo features fantastic amenities, such as pool, gym, social room, 24 hour doorman, and onsite manager.

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 08/03/2022

Last Buyer's Agent

Jeffrey Cloninger

Sotheby's International Realty, Inc. License #BK-619094

Sotheby's International Realty, Inc.

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $6,263

Year Built

  • Built in 1973

Lot Details

  • East Facing Home

HOA Fees

  • $720 Monthly HOA Fees

Parking

  • 1 Parking Space

Interior Spaces

  • 1,121 Sq Ft Home
  • Dining Area
  • Storage
  • Home Gym
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Security

  • High Impact Windows
  • High Impact Door

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434327410011007

Community Details

Overview

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

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$6,263

Year Built

Built in 1973

Lot Details

0

HOA Fees

$720 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Rapallo South
  • Year Built: 1973
  • Location Tax Legal:Name of Building: Rapallo South
  • Location Tax Legal:Zoned: MF32
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 6263.0
  • Location Tax Legal:Tax Year2: 2021
  • General Property Description:Living Area: 1121.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 719.89
  • 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
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: 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:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Laundry:Laundry in Building: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Lakefront2: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Waterfront-Unit:Lakefront3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Microwave, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Cable, Storage
  • Living Area: 1121.0
  • Stories: 19
  • Interior Features:Storage: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Waterfront: 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:_one_ Car2: 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:Condo Association: Yes

Fee Information

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

Lot Info

  • Development Status: Land Owned
  • Parcel #: 74434327410011007
  • Zoning: MF32

Rental Info

  • Pets Other: 20lbs and under

Multi Family

  • Number Of Units Total: 192
  • Maintenance Expense: 719.89

Tax Info

  • Tax Annual Amount: 6263.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Mar 30, 2023
Sold by
Mcvicar Heather
Bought by
Giordano Sallie
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Jeffrey Cloninger
Sotheby's International Realty, Inc.
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%
Current Estimated Value
$1,008,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$91,335
Avg. Annual Appreciation
-3.36%

Purchase Details

Closed on
Dec 2, 2011
Sold by
Maguire Kathlyn S
Bought by
Mcvicar Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2009
Sold by
Burton Joel and Burton Alice J
Bought by
Maguire Kathlyn S

Purchase Details

Closed on
Aug 5, 2003
Sold by
Isenberg Irving and Isenberg Denise
Bought by
Burton Joel and Burton Alice J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
5.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2002
Sold by
Schweikert Marcia
Bought by
Isenberg Irving and Isenberg Denise

Purchase Details

Closed on
Dec 12, 1996
Sold by
Edeler Sophia
Bought by
Schweikert Louis G and Schweikert Marcia
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Giordano Sallie $1,100,000 None Listed On Document
Mcvicar Heather $242,500 Attorney
Maguire Kathlyn S $255,000 Premier Title Company Ltd
Burton Joel $285,000 --
Isenberg Irving $175,000 Trans State Title Ins Corp
Schweikert Louis G $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcvicar Heather $162,500
Previous Owner Burton Joel $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2023 04/03/23 Sold $1,100,000 -7.9% $981 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
08/03/2022 08/03/22 For Sale $1,195,000 -- $1,066 / 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 $17,388 $840,000 -- --
2023 $8,691 $337,590 $0 $0
2022 $7,448 $306,900 $0 $0
2021 $6,263 $279,000 $0 $279,000
2020 $5,995 $264,000 $0 $264,000
2019 $7,100 $362,000 $0 $362,000
2018 $5,932 $282,000 $0 $282,000
2017 $5,497 $262,000 $0 $0
2016 $5,285 $215,622 $0 $0
2015 $5,285 $196,020 $0 $0
2014 $4,680 $178,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-1172

APN: 74-43-43-27-41-001-1007