NOT LISTED FOR SALE

Estimated Value: $706,000 - $764,000

3 Beds
3.5 Baths
1,990 Sq Ft
1 Acres

Highlights

  • Ocean View
  • Property fronts an intracoastal waterway
  • Gated with Attendant
  • Boat Ramp
  • Fitness Center
  • Clubhouse

About This Home

As of June 2014

Ocean Tower 3 BR 3.5 BA Offered Fully Furnished & Turnkey. Enjoy a spacious floor plan with rich brown leather couches and dark wood furnishings. 11th FL elevation offers excellent water views. King Bed in Master BR, Queen Beds in both guest BRs. Rectified porcelain tile in great room. Condo is pre-wired with cable TV, high-speed internet and telephone all included in monthly HOA fee. First Class resident amenities include a heated swimming pool and spa set on an expansive 7th FL sun deck overlooking Lake Worth Lagoon and the Palm Beach Inlet. The property also includes a clubhouse with state-of-the-art fitness center, his and her lockers, with sauna and steam, tennis courts, a billiards room, a card room, nautical room... (see supplement for full remarks)

Last Agent to Rent the Property

Marilyn D

Illustrated Properties LLC (Co License #3027059 Listed on: 04/11/2013

Illustrated Properties LLC (Co

Last Renter's Agent

Jaimee Peirce

Illustrated Properties LLC (Co License #3122087

Illustrated Properties LLC (Co

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,529

Year Built

  • Built in 2007

Lot Details

  • East Facing Home

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

Home Design

  • 1,990 Sq Ft Home

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 6/16/14
  • Assessor Parcel Number 56434228690001110

Community Details

Overview

  • 349 Units
  • Marina Grande Riviera Bea Subdivision

Amenities

  • Billiard Room
  • Bike Room

Recreation

  • Boat Ramp
  • Boating
  • Community Spa
  • Park
  • Trails

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,529

Year Built

Built in 2007

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2014-06-16

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: NW Corner of Blue Heron Bridge
  • Year Built: 2007
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Interior Amenities: Garden Tub/Roman Tub, Split Bedrooms, Walk-In Closet(s)
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Marble
  • Living Area: 1990.0

Exterior Features

  • View: Intercoastal, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Dock Access, Intracoastal Access
  • Waterfront: Yes
  • Direction Faces: East

Garage/Parking

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

Utilities

  • Security: Closed Circuit Camera(s), Gated with Guard, Security Guard, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Boat Facilities, Clubhouse, Fitness, Park, Property Manager On-Site, Pool, Sauna, Tennis Court(s), Dock
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Clubhouse, Fitness Center, Management, Pool, Sauna, Spa/Hot Tub, Storage, Tennis Court(s), Trail(s)
  • Pets Allowed: Conditional, No

Lot Info

  • Parcel #: 56434228690001110

Multi Family

  • Number Of Units In Community: 349

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2012
Sold by
Schnell William and Feinberg Judith
Bought by
Schnell William R
Current Estimated Value
$741,750

Purchase Details

Closed on
Jul 14, 2010
Sold by
Downey Betty A and Downey James P
Bought by
Schnell William

Purchase Details

Closed on
Oct 28, 2008
Sold by
Downey Betty A and Downey James P
Bought by
Downey Betty A

Purchase Details

Closed on
May 11, 2007
Sold by
Marina Grande Associates Ltd
Bought by
Downey James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,000
Interest Rate
10.37%
Mortgage Type
Negative Amortization
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
Schnell William R -- Attorney
Schnell William $215,000 Direct Title Ins Agency Ltd
Downey Betty A -- None Available
Downey James P $572,500 Chandlery Title & Trust Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downey James P $458,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2014 06/28/14 Rented $2,500 -2.9% --
05/29/2014 05/29/14 Under Contract -- -- --
04/11/2013 04/11/13 For Rent $2,575 -- --
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 $7,529 $402,471 -- --
2023 $7,336 $390,749 $0 $0
2022 $7,230 $379,368 $0 $0
2021 $7,201 $368,318 $0 $0
2020 $7,146 $363,233 $0 $0
2019 $7,038 $355,066 $0 $0
2018 $6,713 $348,446 $0 $0
2017 $6,648 $341,279 $0 $0
2016 $6,636 $334,260 $0 $0
2015 $7,389 $306,130 $0 $0
2014 $6,934 $278,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3359286

BeachesMLS

APN: 56-43-42-28-69-000-1110