NOT LISTED FOR SALE

Estimated Value: $1,195,000 - $1,742,000

3 Beds
2 Baths
1,774 Sq Ft
$812/Sq Ft Est. Value

Last Sold May 20, 2013

Last sale price $525,000 $296 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $9,763/month

55 Days on Market

Highlights

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

About This Home

As of May 2013

Beautifully remodeled 3 Bedroom, Southeast corner condo in highly desirable Rapallo South! Ocean, Palm Beach and Intracoastal views from every window. Completely renovated with top quality finishes and many built-ins including hurricane impact doors and windows. Full service building includes door person, valet, fitness center. Two parkings spaces (one covered). Pet friendly building.

Last Agent to Sell the Property

Mary Overall Rich

Mary Overall Real Estate License #572396 Listed on: 02/12/2013

Last Buyer's Agent

Andre Manzi

Mary Overall Real Estate License #3096398

Mary Overall Real Estate

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $6,502

Year Built

  • Built in 1973

Lot Details

  • Southeast Facing Home
  • Back Yard Fenced

HOA Fees

  • $881 Monthly HOA Fees

Interior Spaces

  • 1,774 Sq Ft Home
  • Dining Area
  • Storage
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Covered Parking

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 74434327410011102

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

  • Pets Allowed
  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$6,502

Year Built

Built in 1973

Lot Details

0

HOA Fees

$881 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Flagler Drive, south of Okeechobee
  • 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: Yes
  • Location Tax Legal:Taxes2: 6502.0
  • Location Tax Legal:Tax Year2: 2011
  • General Property Description:Living Area: 1774.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 881.08
  • 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
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: 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:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Unit:ICW-Across Bike Path2: Yes
  • Pool:Heated Elec: Yes
  • Floors:StoneBrick: Yes
  • Waterfront-Building:ICW-Across Bike Path: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven-Convection, Microwave, Range - Electric
  • Total Bedrooms: 3
  • Flooring: Hardwood, Stone/Brick, W/W Carpeting
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included, Other (See Remarks), Smoke Alarms
  • Living Area: 1774.0
  • Stories: 19
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Interior Features:Other (See Remarks)3: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Other (See Remarks)8: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony, Storm Shutters, Fence - Back Wall, Elevator, Exercise Room, Lobby, Other (See Remarks)
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Other (See Remarks)7: Yes

Garage/Parking

  • Parking:_two_ Car2: Yes
  • Parking:Covered Parking: Yes
  • Parking:Other2: Yes

Utilities

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

Condo/Co-op/Association

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

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

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

Lot Info

  • Development Status: Land Owned
  • Parcel #: 74434327410011102
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 192
  • Maintenance Expense: 881.08

Tax Info

  • Tax Annual Amount: 6502.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2022
Sold by
Kini Mitra M
Bought by
Mitra M Kini Revocable Trust
Total Days on Market
55
Current Estimated Value
$1,439,903

Purchase Details

Listed on
Feb 12, 2013
Closed on
May 20, 2013
Sold by
Humphrey Dolores W
Bought by
Kini Panambur M and Kini Mitra M
Seller's Agent
Mary Overall Rich
Mary Overall Real Estate
Buyer's Agent
Andre Manzi
Mary Overall Real Estate
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%

Purchase Details

Closed on
Jan 20, 2004
Sold by
Suntrust Bank and Sterling James
Bought by
Catholic Charities Of The Diocese Of Pal and Lind Virginia Boyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 4, 1997
Sold by
Kaplan Frances
Bought by
Suntrust Bank
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
Mitra M Kini Revocable Trust -- Brinkley Morgan
Kini Panambur M $525,000 Title Matters Llc
Catholic Charities Of The Diocese Of Pal -- --
Suntrust Bank $179,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Humphrey Dolores W $398,000
Previous Owner Humphrey Dolores W $408,486
Previous Owner Humphrey Dolores Wall $330,000
Previous Owner Catholic Charities Of The Diocese Of Pal $100,000
Previous Owner Steinhorn Barry $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2013 05/20/13 Sold $525,000 0.0% $296 / Sq Ft
05/20/2013 05/20/13 Sold $525,000 0.0% $302 / Sq Ft
04/20/2013 04/20/13 Pending -- -- --
04/08/2013 04/08/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $525,000 -22.2% $296 / Sq Ft
01/16/2012 01/16/12 For Sale $675,000 -- $389 / 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 $9,591 $501,100 -- --
2023 $9,357 $486,505 $0 $0
2022 $9,266 $472,335 $0 $0
2021 $9,253 $458,578 $0 $0
2020 $9,208 $452,247 $0 $0
2019 $9,072 $442,079 $0 $0
2018 $8,617 $433,836 $0 $0
2017 $8,521 $424,913 $0 $0
2016 $8,510 $416,173 $0 $0
2015 $8,682 $413,280 $0 $0
2014 $8,692 $410,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-132

APN: 74-43-43-27-41-001-1102