NOT LISTED FOR SALE

Estimated Value: $362,000 - $674,730

1 Bed
1 Bath
602 Sq Ft
$254/mo HOA Fee

Last Sold May 25, 2021

Last sale price $175,000 $291 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $3,635/month

2 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Community Pool
  • Bike Room
  • Great Room
  • Elevator
  • Tile Flooring

About This Home

As of May 2021

Best kept secret in West Palm Beach. Southbridge Condo is located steps from the intracoastal waterway and the gateway to Palm Beach Island. This top floor 1 bedroom 1 bath condo features updated living room flooring, newer AC, and spacious closets offering plenty of storage space. Enjoy sub-tropical breezes and catch a view of the intracoastal from your screened in balcony. Lowest condo dues around at only $254/month, and incredible rental policies makes this property ideal for personal use or investment.

Last Agent to Sell the Property

Ben Hartman

Illustrated Properties LLC (Co License #3178410 Listed on: 04/22/2021

Illustrated Properties LLC (Co

Co-Listed By

Joanna Sylvester

Illustrated Properties LLC (Co License #3256910

Last Buyer's Agent

Ben Hartman

Illustrated Properties LLC (Co License #3178410 Listed on: 04/22/2021

Illustrated Properties LLC (Co

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,073

Year Built

  • Built in 1956

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $254 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Composition Roof

Interior Spaces

  • 602 Sq Ft Home
  • 3-Story Property
  • Great Room
  • Open Floorplan
  • Electric Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434334190003180

Community Details

Overview

  • Association fees include management, common areas, insurance, laundry, legal/accounting, ground maintenance, maintenance structure, pool(s), recreation facilities, reserve fund, roof, sewer, trash, water
  • Southbridge Condo Subdivision

Amenities

  • Laundry Facilities
  • Elevator
  • Bike Room

Recreation

  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,073

Year Built

Built in 1956

Lot Details

0

HOA Fees

$254 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Southern Blvd east to Flagler Dr, building on northwest corner of Southern and Flagler Dr
  • Year Built: 1956
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Kitchen/Dining Combo, Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Living Area: 602.0
  • Dining Room Type: Great Room
  • Stories: 3

Exterior Features

  • View: Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: Common Area
  • 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: 254.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Laundry, Pool, Trail(s), Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Laundry, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 74434334190003180
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2073.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 19, 2021
Sold by
Farnworth Coralie Vasseur
Bought by
Rrbbdd Llc
Seller's Agent
Ben Hartman
Illustrated Properties LLC (Co
Buyer's Agent
Ben Hartman
Illustrated Properties LLC (Co
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Current Estimated Value
$570,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,183
Avg. Annual Appreciation
29.64%
Original Mortgage
$111,200
Outstanding Balance
$100,617
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
$469,566

Purchase Details

Closed on
Nov 28, 2011
Sold by
Ucgan Weems Gulnur
Bought by
Farnworth Coralie Vasseur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2006
Sold by
Wood William H
Bought by
Ucgan Weems Gulnur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 30, 2004
Sold by
Geerlings Teresa
Bought by
Wood William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 1998
Sold by
Russell Promotions Inc
Bought by
Geerlings Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.14%
Mortgage Type
New Conventional
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
Rrbbdd Llc $175,000 Attorney
Farnworth Coralie Vasseur $46,000 Patch Reef Title Company Inc
Ucgan Weems Gulnur $157,000 United Title Agencies I Inc
Wood William H $105,600 United Title Agencies I Inc
Geerlings Teresa $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rrbbdd Llc $111,200
Previous Owner Farnworth Coralie Vasseur $36,000
Previous Owner Ucgan Weems Gulnur $125,600
Previous Owner Wood William H $84,000
Previous Owner Geerlings Teresa $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2021 05/25/21 Sold $175,000 -2.8% $291 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $180,000 -- $299 / 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 $4,680 $215,214 -- --
2023 $4,271 $195,649 $0 $0
2022 $3,949 $177,863 $0 $0
2021 $2,236 $104,453 $0 $104,453
2020 $2,073 $95,459 $0 $95,459
2019 $1,985 $95,600 $0 $95,600
2018 $1,683 $80,600 $0 $80,600
2017 $1,542 $73,600 $0 $0
2016 $1,426 $55,176 $0 $0
2015 $1,387 $50,160 $0 $0
2014 $1,186 $45,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10710312

BeachesMLS

APN: 74-43-43-34-19-000-3180