NOT LISTED FOR SALE

Estimated Value: $358,404 - $665,000

1 Bed
2 Baths
965 Sq Ft
$470/Sq Ft Est. Value

Last Sold August 12, 2019

Last sale price $213,000 $221 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,328/month

3 Days on Market

Highlights

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

About This Home

As of August 2019

Price reduction and investment opportunity! Renovated, move-in ready condo with sunny southern exposure. Intracoastal views from huge entertaining balcony directly off the living space and kitchen. Updated eat-in kitchen with white cabinets, granite countertops, and stainless-steel appliances. Master suite features adjacent office/den, stone flooring, glass-paned French doors, crown molding, and tray ceiling. Located across from the Intracoastal waterway, just minutes from the Norton museum, Clematis Street shops and restaurants, PBI, Kravis Center Performing Arts, City Place, the world famous Worth Ave and the new Brightline high speed train. Pet friendly building includes assigned parking with valet available, 24-hour doorman, pool, gym, and on-site management.

Last Agent to Sell the Property

SHELLY NEWMAN

The Corcoran Group License #SL 3260908 Listed on: 07/02/2019

The Corcoran Group

Co-Listed By

Jason Haverkamp

William Raveis Real Estate License #SL-3413049

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

  • $4,197

Year Built

  • Built in 1973

Lot Details

  • South Facing Home

HOA Fees

  • $520 Monthly HOA Fees

Parking

  • Parking Available

Interior Spaces

  • 965 Sq Ft Home
  • Living Room
  • Dining Room
  • Library
  • Storage
  • Home Gym

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Outdoor Features

  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434327410003010

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, water
  • 192 Units
  • Rapallo South Community
  • On-Site Maintenance
  • 18-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

$4,197

Year Built

Built in 1973

Lot Details

0

HOA Fees

$520 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: South on Flagler Drive from Okeechobee Blvd.
  • Building Name: Rapallo South
  • Year Built: 1973
  • Location Tax Legal:Name of Building: Rapallo South
  • Location Tax Legal:Zoned: R-D(1) - Moderate Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 4197.0
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 965.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 520.3
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 192
  • General Property Description:_pound_ Floors: 18.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Exposure of Unit:South2: 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:Water2: Yes
  • Floors:WW Carpeting: Yes
  • Laundry:Laundry in Building: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Oven-Single, Microwave, Range - Electric
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile, W/W Carpeting
  • Interior Amenities: Storage
  • Living Area: 965.0
  • Stories: 18
  • Interior Features:Storage: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes

Garage/Parking

  • Parking:Other2: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: 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, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 74434327410003010
  • Zoning: R-D(1) - Moderate Density Residential

Multi Family

  • Number Of Units Total: 192
  • Maintenance Expense: 520.3

Tax Info

  • Tax Annual Amount: 4197.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2019
Closed on
Aug 12, 2019
Sold by
Schulman Barry I
Bought by
Walsh Ann M
Seller's Agent
SHELLY NEWMAN
The Corcoran Group
Buyer's Agent
Andre Manzi
Mary Overall Real Estate
List Price
$213,000
Sold Price
$213,000
Total Days on Market
3
Current Estimated Value
$453,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,851
Avg. Annual Appreciation
13.91%
Original Mortgage
$159,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2004
Sold by
Thomson John D and Seddon Ryan
Bought by
Schulman Barry I

Purchase Details

Closed on
Aug 26, 2004
Sold by
Springer John William
Bought by
Thomson John D and Seddon Ryan
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 Buyer Sale Price Title Company
Walsh Ann M $213,000 Attorney
Schulman Barry I $205,000 --
Thomson John D $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Ann M $180,000
Closed Walsh Ann M $159,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2019 08/12/19 Sold $213,000 0.0% $221 / Sq Ft
07/05/2019 07/05/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $213,000 0.0% $221 / Sq Ft
12/30/2013 12/30/13 Rented $1,400 -6.7% --
11/30/2013 11/30/13 Under Contract -- -- --
07/19/2013 07/19/13 For Rent $1,500 +25.0% --
09/17/2012 09/17/12 Rented $1,200 -20.0% --
08/18/2012 08/18/12 Under Contract -- -- --
12/18/2011 12/18/11 For Rent $1,500 -- --
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 $3,119 $184,671 -- --
2023 $3,028 $179,292 $0 $0
2022 $2,978 $174,070 $0 $0
2021 $2,956 $169,000 $0 $169,000
2020 $3,314 $184,000 $0 $184,000
2019 $4,389 $189,000 $0 $189,000
2018 $4,197 $199,000 $0 $199,000
2017 $3,846 $179,000 $0 $0
2016 $3,768 $150,403 $0 $0
2015 $3,628 $136,730 $0 $0
2014 $3,235 $124,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-1456

APN: 74-43-43-27-41-000-3010