$450,000
SOLD AUG 27, 2018
2 Beds
2 Baths
1,348 Sq Ft
$698/mo HOA Fee

Recently Sold

$334 Per Sq Ft

32% Below List Price

262 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Heated Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Marble Flooring

About This Home

As of August 2018

Coveted north east exposure offering sweeping Intra coastal views from all living spaces. The renovated open and airy floorplan is favorable to all family dynamics.Two bedroom with a master ensuite bath. Second bedroom features a french door opening to living room offering an optional study/den opportunity. Remodeled open kitchen boasts of new cabinets, granite countertops, and eat- in counter. Rapallo South is conveniently located minutes from the famous Worth ave., Royal Poinciana Plaza, The Breakers, the many restaurants in City Place, the Four Arts, beach, bike trail, and the Palm Beach International Airport.Pet friendly building with doorman, pool, and gym.

Last Agent to Sell the Property

Michelle Newman

The Corcoran Group License #3260908 Listed on: 11/07/2017

The Corcoran Group

Last Buyer's Agent

Michelle Newman

The Corcoran Group License #3260908 Listed on: 11/07/2017

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,192

Year Built

  • Built in 1973

HOA Fees

  • $698 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Open Parking
  • Assigned Parking

Property Views

  • Garden

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 1,348 Sq Ft Home
  • Built-In Features
  • Single Hung Metal Windows
  • Sliding Windows
  • French Doors
  • Combination Dining and Living Room
  • Den

Kitchen

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

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Heated Pool

Listing and Financial Details

  • Assessor Parcel Number 74434327410006050

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pool(s), roof, sewer, security, trash, water
  • High-Rise Condominium
  • Rapallo South Subdivision
  • 19-Story Property

Amenities

  • Doorman
  • Elevator
  • Community Storage Space

Recreation

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,192

Year Built

Built in 1973

Lot Details

0

HOA Fees

$698 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: South of Okeechobee on Flagler Drive
  • Year Built: 1973
  • Architectural Style: High Rise
  • Entry Level: 6
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Eat-in Kitchen, French Door(s)/Atrium Door(s), Jetted Tub, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Flooring: Carpet, Marble
  • Living Area: 1348.0
  • Dining Room Type: Den
  • Stories: 19
  • Window Features: Metal, Single Hung, Sliding

Exterior Features

  • View: Garden, Intercoastal
  • Pool Features: Heated, Pool, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Open Parking: Yes
  • Parking Features: Assigned, Guest, Open

Utilities

  • Security: Door Man, Smoke Detector(s)
  • 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: 698.0
  • Community Features: Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool, Storage, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434327410006050
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6192.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Aug 23, 2018
Sold by
Baskies Jeffrey A and Estate Of Robert Jolin Osborne
Bought by
Schulman Barry I and Schulman Kathryn B
Seller's Agent
MICHAEL PAPPAS
Illustrated Properties LLC PB
Buyer's Agent
SHELLY NEWMAN
THE FITE GROUP-Luxury Homes PB
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$823,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,408
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
Jun 8, 2004
Sold by
Brophy Gale Sorensen
Bought by
Osborne Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2003
Sold by
Cohee H Lee and Henry Thornton M
Bought by
Brophy Gale Sorensen

Purchase Details

Closed on
Apr 18, 1996
Sold by
Louis J Rothman Tr
Bought by
Hamilton Henry T and Hamilton Lois C

Purchase Details

Closed on
May 24, 1994
Sold by
Rothman Mary K
Bought by
Rothman Louis 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 Type Sale Price Title Company
Personal Reps Deed $450,000 Attorney
Warranty Deed $455,000 Premier Title Company Ltd
Personal Reps Deed $202,500 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $92,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2018 08/27/18 Sold $450,000 0.0% $334 / Sq Ft
08/27/2018 08/27/18 Sold $450,000 0.0% $334 / Sq Ft
07/28/2018 07/28/18 Pending -- -- --
05/10/2018 05/10/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $450,000 -32.3% $334 / Sq Ft
11/07/2017 11/07/17 For Sale $665,000 -- $493 / 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 $4,876 $550,000 -- --
2023 $11,284 $580,000 $0 $580,000
2022 $7,929 $319,000 $0 $0
2021 $6,503 $290,000 $0 $290,000
2020 $6,237 $275,000 $0 $275,000
2019 $8,314 $366,000 $0 $366,000
2018 $6,672 $306,000 $0 $306,000
2017 $6,192 $286,000 $0 $0
2016 $6,157 $247,566 $0 $0
2015 $5,842 $225,060 $0 $0
2014 $5,276 $204,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10379907

BeachesMLS

APN: 74-43-43-27-41-000-6050