$525,000
SOLD MAY 20, 2013
3 Beds
2 Baths
1,736 Sq Ft
$877/mo HOA Fee

Recently Sold

$302 Per Sq Ft

22% Below List Price

459 Days on Market

Highlights

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

About This Home

As of May 2013

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

Last Agent to Sell the Property

Mary Overall Rich

Mary Overall Real Estate License #572396 Listed on: 01/16/2012

Last Buyer's Agent

Andre Manzi

Premier Brokers International License #3096398

Premier Brokers International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,502

Year Built

  • Built in 1973

Lot Details

  • Fenced

HOA Fees

  • $877 Monthly HOA Fees

Property Views

Interior Spaces

  • 1,736 Sq Ft Home
  • Custom Mirrors
  • Built-In Features
  • Entrance Foyer
  • Formal Dining Room
  • Closed Circuit Camera

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Over 1 Space Per Unit
  • Covered Parking
  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 74434327410011102

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, sewer, trash, water
  • Rapallo Condo South Subdivision
  • 19-Story Property

Amenities

  • Doorman
  • Sauna
  • Billiard Room
  • Business Center
  • Community Library
  • Community Storage Space

Recreation

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,502

Year Built

Built in 1973

Lot Details

0

HOA Fees

$877 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Flagler Drive, south of Okeechobee
  • Year Built: 1973
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Custom Mirrors, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Wood
  • Living Area: 1736.0
  • Dining Room Type: Storage Room
  • Stories: 19

Exterior Features

  • Exterior Features: Fence
  • View: Intercoastal, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block

Garage/Parking

  • Parking Features: Assigned, Covered, Guest, Two or More Spaces

Utilities

  • Security: Closed Circuit Camera(s), Door Man, Key Card Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 877.0
  • Community Features: Pool, Sauna
  • Senior Community: No
  • Amenities: Billiard Room, Business Center, Fitness Center, Library, Pool, Sauna, Storage, Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 74434327410011102
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 6502.0

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
Current Estimated Value
$1,524,317

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
8.61%

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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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 -- Brinkley Morgan
Warranty Deed $525,000 Title Matters Llc
Interfamily Deed Transfer -- --
Warranty Deed $179,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $398,000 New Conventional
Previous Owner $408,486 Unknown
Previous Owner $330,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
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: 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 $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: BeachesMLS

MLS Number: R3252564

BeachesMLS

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