NOT LISTED FOR SALE

Estimated Value: $1,259,000 - $1,552,000

4 Beds
3 Baths
2,272 Sq Ft
$608/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $612,000 $269 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $9,343/month

78 Days on Market

Highlights

  • Outdoor Pool
  • Wood Flooring
  • 2 Car Attached Garage
  • Palm Beach Public School Rated A-
  • Balcony
  • 3-minute walk to Flamingo Park

About This Home

As of February 2020

Looking for a 4 bedroom home in the El Cid area under $1m? Then look no further! A rare find. Seldom on the market, this is one of only 4 oversized townhouses at Magnolia Court. This highly desirable townhome community in the El Cid neighborhood is close to downtown WPB and within walking distance of popular restaurants, shops, the Intracoastal waterway, museums and more. Pristine 4 bedroom/3.5 bath with 2 car garage and large family room, vaulted ceilings, spacious dining area, well-appointed open kitchen and abundant storage. Top floor master suite includes 14' ceilings, huge custom designed walk-in closet and expansive terrace with lovely city views. Hardwood floors throughout, granite counter tops, impact glass and so much more. Move-in ready!

Last Agent to Sell the Property

Heidi Wicky

Sotheby's International Realty, Inc. License #3059204 Listed on: 11/18/2019

Sotheby's International Realty, Inc.

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,317

Year Built

  • Built in 2003

Lot Details

  • Home has North and South Exposure

HOA Fees

  • $717 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,272 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Dining Area
  • Library
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434327760000070

Community Details

Overview

  • Association fees include insurance, common area, maintenance exterior, trash, sewer, water
  • 60 Units
  • Magnolia Court Community
  • Mandatory home owners association
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,317

Year Built

Built in 2003

Lot Details

0

HOA Fees

$717 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Townhouse/Villa
  • Lot Size: 0
  • Directions: From downtown West Palm Beach, head south on Olive. Turn right on Tuxedo Lane.
  • Architectural Style: Three + Story
  • Building Name: Magnolia Court
  • Year Built: 2003
  • Location Tax Legal:Name of Building: Magnolia Court
  • Location Tax Legal:Zoned: RPD
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 10317.0
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 2272.0
  • General Property Description:Pool: Yes
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 60
  • General Property Description:_pound_ Floors: 3.0
  • Exposure of Unit:South2: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Security System: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • General Property Description:Lot Dim (1): 0
  • General Property Description:Maint Amount: 2150.0
  • General Property Description:Waterfrt: No
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Impact Glass - Full: Yes
  • Pets:Pets Allowed: Yes
  • WaterSewer:City Water: Yes
  • Style:Three Story: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Restrictions:Homeowners Assoc: Yes
  • Pool:Community Pool: Yes
  • Roof:Metal: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Microwave, Washer, Dryer, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable, Smoke Detectors, Wet Bar, Wndw Trmnts Included, Pantry
  • Living Area: 2272.0
  • Stories: 3
  • Window Features: Impact Glass - Full
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Community Pool
  • Pool Private: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony
  • Roof: Metal
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking:_two_ Car2: Yes
  • Parking:Attached2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes
  • Mandatory HOA: Yes

Fee Information

  • Association Fee Includes: Insurance, Common Area, Maintenance Exterior, Trash, Sewer, Water

Lot Info

  • Parcel #: 74434327760000070
  • Zoning: RPD

Rental Info

  • Pets Other: Up to 2 pets

Multi Family

  • Number Of Units Total: 60
  • Maintenance Expense: 2150.0

Tax Info

  • Tax Annual Amount: 10317.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Feb 28, 2020
Sold by
Fain Mira A
Bought by
Horn Christopher
Seller's Agent
Heidi Wicky
Sotheby's International Realty, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$612,000
Sold Price
$612,000
Total Days on Market
78
Current Estimated Value
$1,380,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$768,729
Avg. Annual Appreciation
16.69%

Purchase Details

Listed on
Oct 31, 2014
Closed on
Jan 30, 2015
Sold by
Kretzer Kathleen Sue
Bought by
Fain Mira A
Seller's Agent
Robert Rousseau
The Corcoran Group
Buyer's Agent
Heidi Wicky
Sotheby's Intl. Realty, Inc.
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$344,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2007
Sold by
Kretzer Kathleen Sue
Bought by
Kretzer Kathleen Sue

Purchase Details

Closed on
May 9, 2003
Sold by
Magnolia Court Development Corp
Bought by
Kretzer Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.19%
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 Buyer Sale Price Title Company
Horn Christopher $612,000 Attorney
Fain Mira A $470,000 Attorney
Kretzer Kathleen Sue -- Attorney
Kretzer Kathleen $448,332 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fain Mira A $344,000
Previous Owner Kretzer Kathleen $100,000
Previous Owner Kretzer Kathleen $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $612,000 0.0% $269 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $612,000 +30.2% $269 / Sq Ft
01/30/2015 01/30/15 Sold $470,000 -5.8% $200 / Sq Ft
12/31/2014 12/31/14 Pending -- -- --
10/31/2014 10/31/14 For Sale $499,000 0.0% $212 / Sq Ft
12/07/2012 12/07/12 Rented $2,600 0.0% --
11/07/2012 11/07/12 Under Contract -- -- --
08/24/2012 08/24/12 For Rent $2,600 -- --
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 $10,517 $546,364 -- --
2023 $10,263 $530,450 $0 $0
2022 $10,165 $515,000 $0 $0
2021 $10,154 $500,000 $0 $500,000
2020 $10,960 $490,000 $0 $490,000
2019 $11,064 $490,000 $0 $490,000
2018 $10,317 $470,000 $0 $470,000
2017 $10,082 $460,000 $0 $0
2016 $9,316 $410,000 $0 $0
2015 $8,747 $369,050 $0 $0
2014 $8,042 $335,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-2266

APN: 74-43-43-27-76-000-0070