344 N Bromeliad West Palm Beach, FL 33401
El Cid Neighborhood
3
Beds
3.5
Baths
1,826
Sq Ft
$833/mo
HOA Fee
Highlights
- Wood Flooring
- Community Pool
- 2 Car Attached Garage
- Palm Beach Public School Rated A-
- Balcony
- 3-minute walk to Flamingo Park
About This Home
As of June 2024This beautifully renovated 3 bedroom, 3 and a half bath townhome in Magnolia Court is located in the desirable historic El Cid neighborhood, 1 block from the intercoastal waterway in West Palm Beach and a 5 minute drive from Worth Avenue and other Palm Beach restaurants and shops. There are only 60 private residences which include an inviting pool area and tree lined courtyard. The unit underwent a full renovation in 2020 with the most high quality finishes and attention to detail given to this townhome. The floors, kitchen, three and a half bathrooms and the dry bar have been fully renovated as part of the 2020 renovation. Additionally, the HVAC was replaced in 2023. Other perks include en-suite bathrooms in each bedroom, ample closet and storage space throughout and a large two
Last Agent to Sell the Property
Douglas Elliman License #3501244 Listed on: 03/29/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $13,736
Year Built
- Built in 2004
HOA Fees
- $833 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Interior Spaces
- 1,826 Sq Ft Home
- 3-Story Property
- Bar
- Entrance Foyer
- Family Room
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer
Outdoor Features
- Balcony
- Open Patio
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434327760000170
Community Details
Overview
- Association fees include common areas, insurance, ground maintenance, maintenance structure, parking, pool(s), roof
- 60 Units
- Magnolia Court Subdivision
Recreation
- Community Pool
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2024
Closed on
Jun 24, 2024
Sold by
Mulcahy Kevin and Mcnamara Patrick
Bought by
Kennedy David Sean and Kennedy Francesca S
Seller's Agent
Elizabeth Tristan
Douglas Elliman
Buyer's Agent
MICHELLE KIRSCHNER
Douglas Elliman
List Price
$1,350,000
Sold Price
$1,200,000
Premium/Discount to List
-$150,000
-11.11%
Total Days on Market
33
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,652
Avg. Annual Appreciation
0.85%
Original Mortgage
$400,000
Outstanding Balance
$396,991
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$812,661
Purchase Details
Listed on
Sep 27, 2020
Closed on
Dec 7, 2020
Sold by
Murphy Robert W and Murphy Brooke
Bought by
Mulcahy Kevin and Mcnamara Patrick
Seller's Agent
Brooke Murphy
Compass Florida LLC (PB)
Buyer's Agent
Chelsey Fries
Douglas Elliman (Jupiter)
List Price
$749,000
Sold Price
$650,000
Premium/Discount to List
-$99,000
-13.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.91%
Original Mortgage
$487,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 14, 2019
Closed on
Jan 13, 2020
Sold by
Kegelman Harry J and Kegelman Catherine S
Bought by
Murphy Robert W and Murphy Brooke
Seller's Agent
Gary Pohrer
Serhant
Buyer's Agent
Brooke Murphy
Compass Florida LLC (PB)
List Price
$595,000
Sold Price
$530,000
Premium/Discount to List
-$65,000
-10.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.45%
Original Mortgage
$485,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 5, 2017
Closed on
Aug 11, 2017
Sold by
Paalasmaa Seppo
Bought by
Kegelman Harry J and Kegelman Catherine S
Seller's Agent
Eila Piira
Coastline Realty, Inc.
Buyer's Agent
Renee Hall
Compass Florida LLC (PB)
List Price
$540,000
Sold Price
$530,000
Premium/Discount to List
-$10,000
-1.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$424,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 7, 2012
Sold by
Oy Merituulen Rauta
Bought by
Paalasmaa Seppo
Purchase Details
Closed on
Jan 13, 2009
Sold by
Boyd Milton B
Bought by
Oy Merituulen Rauta
Purchase Details
Closed on
Apr 8, 2004
Sold by
Magnolia Court Development Corp
Bought by
Boyd Milton B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,050
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200,000 | Property Transfer Services | |
| Warranty Deed | $650,000 | Attorney | |
| Warranty Deed | $530,000 | Attorney | |
| Warranty Deed | $530,000 | First International Title In | |
| Warranty Deed | $273,000 | Attorney | |
| Warranty Deed | $450,000 | Sunbelt Title Agency | |
| Special Warranty Deed | $415,066 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | New Conventional | |
| Previous Owner | $487,500 | New Conventional | |
| Previous Owner | $485,000 | New Conventional | |
| Previous Owner | $424,000 | New Conventional | |
| Previous Owner | $257,600 | Credit Line Revolving | |
| Previous Owner | $95,000 | Credit Line Revolving | |
| Previous Owner | $332,050 | Purchase Money Mortgage | |
| Closed | $61,650 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2024 06/21/24 | Sold | $1,200,000 | -11.1% | $657 / Sq Ft |
| 05/02/2024 05/02/24 | Pending | -- | -- | -- |
| 03/29/2024 03/29/24 | For Sale | $1,350,000 | 0.0% | $739 / Sq Ft |
| 05/01/2022 05/01/22 | Rented | $6,000 | +9.1% | -- |
| 04/01/2022 04/01/22 | Under Contract | -- | -- | -- |
| 03/23/2022 03/23/22 | For Rent | $5,500 | +37.5% | -- |
| 06/22/2021 06/22/21 | For Rent | $4,000 | 0.0% | -- |
| 06/22/2021 06/22/21 | Rented | $4,000 | 0.0% | -- |
| 12/07/2020 12/07/20 | Sold | $650,000 | -13.2% | $353 / Sq Ft |
| 11/07/2020 11/07/20 | Pending | -- | -- | -- |
| 09/27/2020 09/27/20 | For Sale | $749,000 | +41.3% | $407 / Sq Ft |
| 01/13/2020 01/13/20 | Sold | $530,000 | -10.9% | $288 / Sq Ft |
| 12/14/2019 12/14/19 | Pending | -- | -- | -- |
| 08/15/2019 08/15/19 | For Sale | $595,000 | +12.3% | $324 / Sq Ft |
| 08/21/2017 08/21/17 | Sold | $530,000 | -1.9% | $290 / Sq Ft |
| 07/22/2017 07/22/17 | Pending | -- | -- | -- |
| 06/05/2017 06/05/17 | For Sale | $540,000 | -- | $296 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $15,303 | $625,570 | -- | -- |
| 2023 | $13,736 | $568,700 | $0 | $0 |
| 2022 | $12,262 | $517,000 | $0 | $0 |
| 2021 | $10,417 | $470,000 | $0 | $470,000 |
| 2020 | $10,521 | $470,000 | $0 | $470,000 |
| 2019 | $9,691 | $470,000 | $0 | $470,000 |
| 2018 | $9,885 | $450,000 | $0 | $450,000 |
| 2017 | $8,725 | $450,000 | $0 | $0 |
| 2016 | $8,130 | $332,750 | $0 | $0 |
| 2015 | $7,263 | $302,500 | $0 | $0 |
| 2014 | $6,638 | $275,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Tristan
E
Seller's Agent in 2024
Elizabeth Tristan
Douglas Elliman
(561) 655-8600
3 in this area
6 Total Sales
-
MICHELLE KIRSCHNER
M
Buyer's Agent in 2024
MICHELLE KIRSCHNER
Douglas Elliman
(561) 373-2154
2 in this area
64 Total Sales
-
Tracy Ward
Seller's Agent in 2022
Tracy Ward
Douglas Elliman (Jupiter)
(561) 427-6100
111 Total Sales
-
Chelsey Fries
C
Seller Co-Listing Agent in 2022
Chelsey Fries
Douglas Elliman (Jupiter)
(631) 513-1114
1 in this area
4 Total Sales
-
Steven Hall
S
Buyer's Agent in 2022
Steven Hall
United Realty Group Inc.
(954) 695-8383
9 Total Sales
-
Stephen Stanton
S
Buyer's Agent in 2021
Stephen Stanton
Illustrated Properties LLC (Co
(561) 626-7000
8 Total Sales
Map
Source: BeachesMLS
MLS Number: R10973025
APN: 74-43-43-27-76-000-0170
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