$275,000
SOLD APR 8, 2013

1970 S Dixie Hwy Unit R2 West Palm Beach, FL 33401

El Cid Neighborhood
2 Beds
2.5 Baths
1,873 Sq Ft
$350/mo HOA Fee

Recently Sold

$147 Per Sq Ft

17% Below List Price

645 Days on Market

Highlights

  • Boat Ramp
  • Water Views
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Vaulted Ceiling
  • 3-minute walk to Flamingo Park

About This Home

As of June 2016

STUNNING DESIGN AND LUXURIOUS FURNISHINGS THROUGHOUT THIS TWO STORY CONDO IN THE HEART OF ANTIQUE ROW AND THE MUSEUM DISTRICT WHERE YOU CAN WALK TO FINE RESTAURANTS AND SHOPS, CITYPLACE, CLEMATIS, PALM BEACH AND THE WATERFRONT, LUXURY AND LOCATION!

Last Agent to Sell the Property

Sherry Lee

Lee Property Sales Inc. License #640485 Listed on: 06/02/2011

Last Buyer's Agent

Sherry Lee

Lee Property Sales Inc. License #640485 Listed on: 06/02/2011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,679

Year Built

  • Built in 2005

HOA Fees

  • $350 Monthly HOA Fees

Interior Spaces

  • 1,873 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Vaulted Ceiling
  • French Doors
  • Entrance Foyer
  • Great Room
  • Water Views

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Guest Parking
  • On-Street Parking
  • Open Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434327790180020

Community Details

Overview

  • Annex At Magnolia Court Subdivision

Amenities

  • Community Library

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Community Pool
  • Park
  • Trails

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,679

Year Built

Built in 2005

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: JUST SOUTH OF OKEE. ON S. DIXIE HWY. AT FLAMINGO RD. LIGHT
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, French Door(s)/Atrium Door(s), Custom Mirrors, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Flooring: Carpet, Marble, Wood
  • Living Area: 1873.0
  • Dining Room Type: Great Room, Storage Room
  • Stories: 2

Exterior Features

  • View: Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Assigned, Driveway, Guest, Open, On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 350.0
  • Community Features: Boat Facilities, Park, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Library, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434327790180020
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 3679.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
Jun 30, 2016
Sold by
Mpx 822 Llc
Bought by
Varone Sherry
Seller's Agent
Cynthia Nalley
Acquire Palm Beach LLC
Buyer's Agent
Susan Hoffman
Distinctive Realty Group LLC
List Price
$355,000
Sold Price
$345,000
Premium/Discount to List
-$10,000
-2.82%
Total Days on Market
645
Current Estimated Value
$856,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,400
Avg. Annual Appreciation
10.72%
Original Mortgage
$258,750
Outstanding Balance
$208,742
Interest Rate
3.49%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$647,658

Purchase Details

Closed on
Jul 25, 2013
Sold by
Miller Mark
Bought by
Mpx-822 Llc

Purchase Details

Listed on
Jun 2, 2011
Closed on
Apr 8, 2013
Sold by
Bersek Allen J and Bersek Alan J
Bought by
Miller Mark
Seller's Agent
Sherry Lee
Lee Property Sales Inc.
Buyer's Agent
Sherry Lee
Lee Property Sales Inc.
List Price
$330,000
Sold Price
$275,000
Premium/Discount to List
-$55,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%

Purchase Details

Closed on
Aug 19, 2005
Sold by
Magnolia Court Development Corp
Bought by
Bersek Alan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,996
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Warranty Deed $345,000 Title Matters Llc
Warranty Deed -- Attorney
Warranty Deed $275,000 Kpc Title Agency Llc
Special Warranty Deed $357,495 Title Matters Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $258,750 Adjustable Rate Mortgage/ARM
Previous Owner $285,996 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2023 12/13/23 Rented $7,500 +25.0% --
12/04/2023 12/04/23 Under Contract -- -- --
10/06/2023 10/06/23 For Rent $6,000 0.0% --
06/30/2016 06/30/16 Sold $345,000 -2.8% $184 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $355,000 +29.1% $190 / Sq Ft
04/08/2013 04/08/13 Sold $275,000 -16.7% $147 / Sq Ft
03/09/2013 03/09/13 Pending -- -- --
06/02/2011 06/02/11 For Sale $330,000 -- $176 / 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 $9,104 $435,000 -- --
2023 $5,564 $302,357 $0 $0
2022 $5,497 $293,550 $0 $0
2021 $5,478 $285,000 $0 $285,000
2020 $5,643 $290,000 $0 $290,000
2019 $5,699 $290,000 $0 $290,000
2018 $5,505 $290,000 $0 $290,000
2017 $5,560 $290,000 $0 $0
2016 $5,952 $260,000 $0 $0
2015 $5,768 $245,000 $0 $0
2014 $5,594 $235,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3201491

BeachesMLS

APN: 74-43-43-27-79-018-0020