NOT LISTED FOR SALE

Estimated Value: $673,000 - $917,000

2 Beds
2 Baths
1,348 Sq Ft
$592/Sq Ft Est. Value

Last Sold August 10, 2015

Last sale price $455,000 $338 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,861/month

11 Days on Market

Highlights

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

About This Home

As of August 2015

The flagship unit of the 2 bedroom 2 bath at Rapallo South. Very high quality renovations throughout with new electrical, hurricane impact windows & doors. Absolutely stunning. SOLD FURNISHED for $479,000 (see list of exclusions) or can be sold unfurnished, price negotiable. Direct intercoastal views. 24-hour doorman, heated pool, fitness center.

Last Agent to Sell the Property

Andre Manzi

Mary Overall Real Estate License #3096398 Listed on: 05/19/2015

Mary Overall Real Estate

Last Buyer's Agent

Wally Turner

Sotheby's International Realty, Inc. License #584810

Sotheby's International Realty, Inc.

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $6,408

Year Built

  • Built in 1973

Lot Details

  • East Facing Home
  • Back Yard Fenced

HOA Fees

  • $698 Monthly HOA Fees

Interior Spaces

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

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Security

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

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

  • Assessor Parcel Number 74434327410008090

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

  • Pets Allowed
  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$6,408

Year Built

Built in 1973

Lot Details

0

HOA Fees

$698 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: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 6408.0
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Living Area: 1348.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 697.96
  • 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
  • Exposure of Unit:East2: 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
  • Floors:Hardwood: Yes
  • Floors:Marble: 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
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Waterfront-Unit:ICW-Across Bike Path2: Yes
  • Pool:Heated Elec: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Waterfront-Building:ICW-Across Bike Path: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Pool Features: 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, Other Security, 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 #: 74434327410008090
  • Zoning: RD-1

Rental Info

  • Pets Other: 20lbs maximum

Multi Family

  • Number Of Units Total: 192
  • Maintenance Expense: 697.96

Tax Info

  • Tax Annual Amount: 6408.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2015
Closed on
Aug 10, 2015
Sold by
Mckenzie Geoffrey I and Zeccola Frank
Bought by
Lamb Kevin T
Seller's Agent
Andre Manzi
Mary Overall Real Estate
Buyer's Agent
Wally Turner
Sotheby's International Realty, Inc.
List Price
$455,000
Sold Price
$455,000
Current Estimated Value
$837,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,930
Avg. Annual Appreciation
6.72%
Original Mortgage
$339,750
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2013
Sold by
Tieff Michael W and Tieff Bernadette
Bought by
Mckenzie Geoffrey I and Zeccola Frank

Purchase Details

Closed on
May 3, 2004
Sold by
Mowinckel M Letizia
Bought by
Tieff Michael W and Tieff Bernadette

Purchase Details

Closed on
Apr 9, 1996
Sold by
Byron Brook
Bought by
Mowinckel John W and Letizia Mowinckel M

Purchase Details

Closed on
Aug 26, 1994
Sold by
Lucille Goldberg Living Tr
Bought by
Byron Brook

Purchase Details

Closed on
Jan 24, 1994
Sold by
Goldberg Lucille
Bought by
Goldberg Lucille
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
Lamb Kevin T $455,000 Attorney
Mckenzie Geoffrey I $320,000 Attorney
Tieff Michael W $310,000 First American Title Ins Co
Mowinckel John W $134,000 --
Byron Brook $128,000 --
Goldberg Lucille -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamb Kevin T $315,000
Closed Lamb Kevin T $339,750
Previous Owner Mowinckel John W $36,423
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2015 08/10/15 Sold $455,000 0.0% $338 / Sq Ft
08/10/2015 08/10/15 Sold $455,000 0.0% $338 / Sq Ft
07/11/2015 07/11/15 Pending -- -- --
05/30/2015 05/30/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $455,000 -15.0% $338 / Sq Ft
12/11/2014 12/11/14 For Sale $535,000 -- $397 / 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 $6,436 $346,811 -- --
2023 $6,271 $336,710 $0 $0
2022 $6,200 $326,903 $0 $0
2021 $6,183 $317,382 $0 $0
2020 $6,148 $313,000 $0 $313,000
2019 $6,882 $343,332 $0 $0
2018 $6,521 $336,930 $0 $0
2017 $6,438 $330,000 $0 $0
2016 $7,474 $370,000 $0 $0
2015 $7,140 $297,000 $0 $0
2014 $6,408 $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-2554

APN: 74-43-43-27-41-000-8090