NOT LISTED FOR SALE

Rapallo 1801 S Flagler Dr Unit 5040 West Palm Beach, FL 33401

El Cid Neighborhood

Estimated Value: $578,328 - $899,000

2 Beds
2 Baths
1,086 Sq Ft
$671/Sq Ft Est. Value

Last Sold July 30, 2013

Last sale price $350,000 $322 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,225/month

35 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 July 2013

Beautifully renovated 2 bedroom, 2 bath with magnificent garden views, over the pools, fountains, the intracoastal, the middle bridge and Palm Beach. Hurricane impact windows and doors, new kitchen and 2 new bathrooms. Enjoy these unique views while relaxing on your balcony.

Last Agent to Sell the Property

Andre Manzi

Mary Overall Real Estate License #3096398 Listed on: 05/02/2013

Mary Overall Real Estate

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $3,249

Year Built

  • Built in 1973

Lot Details

  • North Facing Home
  • Back Yard Fenced

HOA Fees

  • $579 Monthly HOA Fees

Interior Spaces

  • 1,086 Sq Ft Home
  • Dining Area
  • Storage
  • Home Gym

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Security

  • Home Security System
  • Hurricane or Storm Shutters

Parking

  • 1 Parking Space
  • Open Parking

Pool

  • Outdoor Pool
  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 74434327410005040

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

  • Bike Trail

Pet Policy

  • Pet Restriction
  • Dogs and Cats Allowed
  • Small pets allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$3,249

Year Built

Built in 1973

Lot Details

0

HOA Fees

$579 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: R-D(1) - Moderate Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 3248.65
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Living Area: 1086.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 579.0
  • 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
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: 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
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Pets:Pet Type: Cat or Dog
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Pool:Heated Elec: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Waterfront-Building:ICW-Across Bike Path: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Refrigerator, Freezer, Microwave, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable, Storage
  • Living Area: 1086.0
  • Stories: 19
  • Interior Features:Storage: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony, Storm Shutters, Fence - Back Wall, Elevator, Exercise Room, Lobby
  • 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

Garage/Parking

  • Parking:_one_ Car2: Yes
  • Parking:Open 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 #: 74434327410005040
  • Zoning: R-D(1) - Moderate

Multi Family

  • Number Of Units Total: 192
  • Maintenance Expense: 579.0

Tax Info

  • Tax Annual Amount: 3248.65
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2013
Closed on
Jul 30, 2013
Sold by
Kini Panambur M and Kini Mitra M
Bought by
Henriksen Thomas H and Henriksen Margaret M
Seller's Agent
Andre Manzi
Mary Overall Real Estate
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$728,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,832
Avg. Annual Appreciation
6.35%
Original Mortgage
$175,000
Outstanding Balance
$131,607
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$605,393

Purchase Details

Closed on
Aug 12, 2009
Sold by
Moniz Mary
Bought by
Kini Panambur M and Kini Mitra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2004
Sold by
Hidalgo Trinidad
Bought by
Moniz Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Gibson H Taylor
Bought by
Hidalgo Trinidad

Purchase Details

Closed on
Apr 9, 2003
Sold by
Page Joan R and Page Michael F
Bought by
Gibson H Taylor

Purchase Details

Closed on
Dec 11, 1996
Sold by
Diego Beatriz
Bought by
Page Joan R
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
Henriksen Thomas H $350,000 Title Matters Llc
Kini Panambur M $242,500 None Available
Moniz Mary $245,000 --
Hidalgo Trinidad $200,000 Flagler Title Company
Gibson H Taylor $164,000 --
Page Joan R $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henriksen Thomas H $175,000
Previous Owner Kini Panambur M $160,000
Previous Owner Kini Panambur M $160,000
Previous Owner Moniz Mary $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2013 07/30/13 Sold $350,000 0.0% $322 / Sq Ft
06/06/2013 06/06/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $350,000 -- $322 / 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 $8,199 $355,377 -- --
2023 $8,001 $323,070 $0 $500,000
2022 $7,167 $293,700 $0 $0
2021 $6,002 $267,000 $0 $267,000
2020 $5,666 $249,000 $0 $249,000
2019 $7,269 $348,000 $0 $348,000
2018 $6,217 $288,000 $0 $288,000
2017 $5,654 $252,000 $0 $0
2016 $5,818 $254,000 $0 $0
2015 $5,837 $235,400 $0 $0
2014 $5,105 $214,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Andre Manzi

    Mary Overall Real Estate

    Section Image

  • N

    Buyer's Agent in 2013

    NON MEMBER

    NON MEMBER FIRM

See All Agents

About Rapallo

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 13-1073

APN: 74-43-43-27-41-000-5040

Florida Palm Beach County West Palm Beach 33401 El Cid

1801 S Flagler Dr Unit 5040, West Palm Beach, FL

This home is located at 1801 S Flagler Dr Unit 5040, West Palm Beach, FL 33401 since 02 May 2013 and is currently estimated at $728,832, approximately $671 per square foot. This property was built in 1973. 1801 S Flagler Dr Unit 5040 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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