NOT LISTED FOR SALE

Estimated Value: $1,082,000 - $1,506,600

4 Beds
3.5 Baths
2,272 Sq Ft
$576/Sq Ft Est. Value

Last Sold February 28, 2020

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

Est. 114% increase in value since last sale

Current estimated payment $8,478/month

73 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Community Pool
  • Palm Beach Public School Rated A-
  • High Ceiling
  • 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 Intl. Realty, Inc. License #3059204 Listed on: 11/15/2019

Sotheby's Intl. Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,317

Year Built

  • Built in 2003

Lot Details

  • Sprinkler System

HOA Fees

  • $717 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Metal Roof

Interior Spaces

  • 2,272 Sq Ft Home
  • 3-Story Property
  • Bar
  • High Ceiling
  • Blinds
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Water Views
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434327760000070

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, pool(s), roof, water
  • 60 Units
  • Magnolia Court Subdivision

Recreation

  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,317

Year Built

Built in 2003

Lot Details

0

HOA Fees

$717 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Condominium,Townhouse
  • Directions: From downtown West Palm Beach head south on Olive. Turn right on Tuxedo Lane.
  • Year Built: 2003
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Dual Sinks, High Ceilings, Kitchen/Dining Combo, Pantry, Split Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Hardwood, Wood
  • Living Area: 2272.0
  • Dining Room Type: Den, Family Room
  • Stories: 3
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Balcony
  • View: Water
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Security System, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 717.0
  • Community Features: Park, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Roof, Water

Lot Info

  • Parcel #: 74434327760000070
  • Lot Size: < 1/4 Acre
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 10317.0

Multi Family

  • Number Of Units In Community: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Feb 28, 2020
Sold by
Fain Mira A
Bought by
Horn Christopher
Seller's Agent
Heidi Wicky
Sotheby's Intl. Realty, Inc.
List Price
$729,000
Sold Price
$612,000
Premium/Discount to List
-$117,000
-16.05%
Current Estimated Value
$1,308,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$696,900
Avg. Annual Appreciation
14.03%

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2020 02/28/20 Sold $612,000 -16.0% $269 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
11/16/2019 11/16/19 For Sale $729,000 +55.1% $321 / Sq Ft
01/30/2015 01/30/15 Sold $470,000 -5.8% $200 / Sq Ft View Prior Sale
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: 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
2025 $10,517 $562,209 -- --
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: BeachesMLS

MLS Number: R10578702

BeachesMLS

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