NOT LISTED FOR SALE

Estimated Value: $689,550 - $876,000

2 Beds
2 Baths
1,348 Sq Ft
$585/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $565,000 $419 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,876/month

126 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 2021

Beautiful large 2 bedroom /2 bath unit with view of the middle bridge and Palm Beach Island as well as the pool and gardens of Rapallo South. Renovated and designed by owner/decorator. New hurricane doors, windows and shutters, hardwood floors, granite counter tops, Stark carpet in bedrooms. AC unit replaced in 2013, wine refrigerator and bar area in dining area. Breakfast area with banquette. Apartment comes with 2 parking spaces: one is covered, the other conveniently located. Move in condition. A joy to show.

Last Agent to Sell the Property

Lauren Kesselman

Brown Harris Stevens of Palm Beach 5225 Listed on: 10/26/2020

Brown Harris Stevens of Palm Beach 5225

Last Buyer's Agent

LAUREN KESSELMAN

Brown Harris Stevens of Palm Beach 0039

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $7,631

Year Built

  • Built in 1973

Lot Details

  • North Facing Home

HOA Fees

  • $756 Monthly HOA Fees

Interior Spaces

  • 1,348 Sq Ft Home
  • Dining Area
  • Storage
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Open Parking

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 74434327410004050

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
  • Small pets allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$7,631

Year Built

Built in 1973

Lot Details

0

HOA Fees

$756 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: RE
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 7631.0
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Living Area: 1348.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 755.6
  • 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
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Security:Security System: 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
  • Exposure of Unit:North2: 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
  • Pets:Weight Restrictions: 25 lbs or Under
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Oven-Single, Microwave, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile, W/W Carpeting
  • Interior Amenities: Cable, Storage, Smoke Alarms
  • Living Area: 1348.0
  • Stories: 19
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: No
  • Exterior Features: Balcony, Storm Shutters, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking:_two_ Car2: Yes
  • Parking:Open Parking: Yes
  • Parking:Covered Parking: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Security System, 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 #: 74434327410004050
  • Zoning: RE

Multi Family

  • Number Of Units Total: 192
  • Maintenance Expense: 755.6

Tax Info

  • Tax Annual Amount: 7631.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2020
Closed on
Apr 29, 2021
Sold by
Barre Helene M and Barre Goran
Bought by
Gardiner Dervorrgilla K
Seller's Agent
Lauren Kesselman
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
LAUREN KESSELMAN
Brown Harris Stevens of Palm Beach 0039
List Price
$565,000
Sold Price
$565,000
Current Estimated Value
$788,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,888
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Apr 16, 2007
Sold by
Malcolm Rome Rudolph Revocable Trust
Bought by
Barre Helene M and Barre Pergoran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 11, 2003
Sold by
Cuminale Raymond J
Bought by
Reese David B and Malcolm Rome Rudolph Revocable Trust

Purchase Details

Closed on
Aug 29, 2002
Sold by
Odasso Lorraine
Bought by
Cuminale Raymond J
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
Gardiner Dervorrgilla K $565,000 Attorney
Barre Helene M $467,500 Attorney
Reese David B $325,000 Sunbelt Title Agency
Cuminale Raymond J $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barre Helene M $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $565,000 0.0% $419 / Sq Ft
05/04/2021 05/04/21 Sold $565,000 0.0% $419 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
03/01/2021 03/01/21 Pending -- -- --
10/26/2020 10/26/20 For Sale $565,000 -5.7% $419 / Sq Ft
01/10/2020 01/10/20 For Sale $599,000 -- $444 / 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 $11,252 $540,000 -- --
2023 $11,138 $512,886 $0 $0
2022 $10,029 $466,260 $0 $0
2021 $6,372 $284,000 $0 $284,000
2020 $6,105 $269,000 $0 $269,000
2019 $7,632 $362,000 $0 $362,000
2018 $6,548 $302,000 $0 $302,000
2017 $6,076 $282,000 $0 $0
2016 $6,047 $242,242 $0 $0
2015 $5,737 $220,220 $0 $0
2014 $5,177 $200,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-84

APN: 74-43-43-27-41-000-4050