NOT LISTED FOR SALE

Estimated Value: $495,105 - $936,000

2 Beds
2 Baths
1,075 Sq Ft
$585/mo HOA Fee

Last Sold June 27, 2014

Last sale price $400,000 $372 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,835/month

77 Days on Market

Highlights

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

About This Home

As of June 2014

Million dollars views from this 2 bedroom & 2 full bath corner unit with 3 exposures. Totally remodeled to perfection with top of the line appliances and bath fixtures by a well-known architect and decorated by a professional Interior Designer. 5 minutes from the ocean beach and 5 minutes to the Kravis Center and City Place. Pristine condition. Magnificent views of the Intracoastal, the island of Palm Beach, the pool and the gardens. Full service building, highly desirable Rapallo South with 24 hours doorman, exercise room, full time manager, pet friendly. A MUST see!!!

Last Agent to Sell the Property

Andre Manzi

Premier Brokers International License #3096398 Listed on: 03/11/2014

Premier Brokers International

Last Buyer's Agent

Andre Manzi

Premier Brokers International License #3096398 Listed on: 03/11/2014

Premier Brokers International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,521

Year Built

  • Built in 1973

Lot Details

HOA Fees

  • $585 Monthly HOA Fees

Interior Spaces

  • 1,075 Sq Ft Home
  • Closed Circuit Camera

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

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

Parking

  • Open Parking
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434327410007110

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, sewer, water
  • Rapallo South Cond As In Subdivision
  • 19-Story Property

Amenities

  • Doorman
  • Business Center
  • Elevator

Recreation

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,521

Year Built

Built in 1973

Lot Details

0

HOA Fees

$585 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Flagler Drive, south of Okeechobee
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Trash Compactor
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble, Tile
  • Living Area: 1075.0
  • Stories: 19

Exterior Features

  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Open

Utilities

  • Security: Closed Circuit Camera(s), Door Man, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 585.0
  • Community Features: Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Business Center, Fitness Center, Management, Pool, Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Sewer, Water

Lot Info

  • Parcel #: 74434327410007110
  • Zoning Description: RD-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3521.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2014
Closed on
Jun 27, 2014
Sold by
Hill Leslie
Bought by
Catherine Daubek Revocable Trust and Daubek George
Seller's Agent
Andre Manzi
Premier Brokers International
Buyer's Agent
Andre Manzi
Premier Brokers International
List Price
$420,000
Sold Price
$400,000
Premium/Discount to List
-$20,000
-4.76%
Current Estimated Value
$700,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,026
Avg. Annual Appreciation
4.11%

Purchase Details

Closed on
Oct 18, 2005
Sold by
Parker Christine S
Bought by
Hill Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 1, 2001
Sold by
Peter Breidenbach M and Dagmar Breidenbach M
Bought by
Parker Christine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 1994
Sold by
Dorfman Janice R and Dorfman Robert L
Bought by
Breidenbach Peter and Breidenbach Dagmar

Purchase Details

Closed on
Feb 16, 1994
Sold by
Roth Marjorie
Bought by
Dorfman Janice R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Catherine Daubek Revocable Trust $400,000 Attorney
Hill Leslie $435,000 Flagler Title Company
Parker Christine S $135,000 --
Breidenbach Peter $70,000 --
Dorfman Janice R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill Leslie $320,000
Previous Owner Parker Christine S $128,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $400,000 0.0% $372 / Sq Ft
06/27/2014 06/27/14 Sold $400,000 -4.8% $372 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
04/30/2014 04/30/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $420,000 +5.0% $391 / Sq Ft
12/10/2013 12/10/13 For Sale $400,000 -- $372 / 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 $6,464 $272,855 -- --
2023 $6,876 $248,050 $0 $0
2022 $5,416 $225,500 $0 $0
2021 $4,654 $205,000 $0 $205,000
2020 $5,248 $230,000 $0 $230,000
2019 $6,164 $275,000 $0 $275,000
2018 $5,667 $285,000 $0 $285,000
2017 $4,952 $220,000 $0 $0
2016 $5,280 $230,000 $0 $0
2015 $6,345 $270,000 $0 $0
2014 $4,043 $160,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10023559

BeachesMLS

APN: 74-43-43-27-41-000-7110