NOT LISTED FOR SALE

Estimated Value: $1,484,000 - $2,071,000

3 Beds
2 Baths
1,871 Sq Ft
$1,026/mo HOA Fee

Last Sold May 14, 2021

Last sale price $1,400,000 $748 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $13,039/month

46 Days on Market

Highlights

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

About This Home

As of May 2021

Stunning views of the Intracoastal and Ocean from this fully renovated three bedroom, 2 bath penthouse.

Last Agent to Sell the Property

Todd Peter

Sotheby's Intl. Realty, Inc. License #3049697 Listed on: 02/26/2021

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Lisa Cregan

Sotheby's Intl. Realty, Inc. License #3389810

Sotheby's Intl. Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,814

Year Built

  • Built in 1973

Lot Details

HOA Fees

  • $1,026 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Open Parking

Property Views

Interior Spaces

  • 1,871 Sq Ft Home
  • Combination Dining and Living Room
  • Den
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Outdoor Features

  • Open Patio
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434327410011903

Community Details

Overview

  • Association fees include management, common areas, cable TV, hot water, insurance, laundry, maintenance structure, pest control, pool(s), roof, trash
  • High-Rise Condominium
  • Rapallo South Condo Subdivision
  • 19-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Community Library
  • Laundry Facilities

Recreation

Pet Policy

  • Pets Allowed

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,814

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,026 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: South on Flagler from Okeechobee
  • Year Built: 1973
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Eat-in Kitchen, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Marble
  • Living Area: 1871.0
  • Dining Room Type: Den, Storage Room
  • Stories: 19

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Ocean, Pool, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Wrap Around
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Open Parking: Yes
  • Parking Features: Covered, Open, Two or More Spaces

Utilities

  • Laundry Features: Common Area
  • Security: Door Man, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1026.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Laundry, Library, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Hot Water, Insurance, Laundry, Maintenance Structure, Pest Control, Pool(s), Roof, Trash

Lot Info

  • Parcel #: 74434327410011903
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9814.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
May 14, 2021
Sold by
Patterson Elaine W and Patterson Elaine W
Bought by
Kelly Raymond W and The Raymond W Kelly Revocable
Seller's Agent
Todd Peter
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Lisa Cregan
Sotheby's Intl. Realty, Inc.
List Price
$1,495,000
Sold Price
$1,400,000
Premium/Discount to List
-$95,000
-6.35%
Total Days on Market
46
Current Estimated Value
$1,753,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,325
Avg. Annual Appreciation
5.67%

Purchase Details

Closed on
Aug 15, 2017
Sold by
Patterson Elaine W
Bought by
Patterson Elaine W and The Elaine Patterson Revocable Trust

Purchase Details

Closed on
Oct 31, 2012
Sold by
Uralli Emre
Bought by
Patterson Elaine

Purchase Details

Closed on
Oct 2, 2012
Sold by
Citi Investments Llc
Bought by
Uralli Emre

Purchase Details

Closed on
Apr 20, 2012
Sold by
Tsien Patricia Y and Cleveland Thomas
Bought by
Citi Investments Llc

Purchase Details

Closed on
Feb 17, 2005
Sold by
Houston Trust Co
Bought by
Cleveland Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 14, 2002
Sold by
Schreiber Raymond
Bought by
Houston Trust Company and David W Collie 1997 Trust
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
Kelly Raymond W $1,350,000 Attorney
Patterson Elaine W -- Attorney
Patterson Elaine $375,000 Automated Land Title Co
Uralli Emre -- None Available
Citi Investments Llc $378,000 None Available
Cleveland Thomas $865,000 Chicago Title Insurance Comp
Houston Trust Company $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cleveland Thomas $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $1,400,000 -6.4% $748 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $1,495,000 -- $799 / 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 $26,490 $1,285,000 -- --
2023 $27,150 $1,272,810 $0 $0
2022 $24,591 $1,157,100 $0 $0
2021 $9,861 $486,540 $0 $0
2020 $9,814 $479,822 $0 $0
2019 $9,670 $469,034 $0 $0
2018 $9,190 $460,289 $0 $0
2017 $9,089 $450,822 $0 $0
2016 $9,079 $441,549 $0 $0
2015 $9,263 $438,480 $0 $0
2014 $9,274 $435,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10695658

BeachesMLS

APN: 74-43-43-27-41-001-1903