$1,800,000
SOLD APR 24, 2018
2 Beds
2 Baths
1,226 Sq Ft
$1,511/mo HOA Fee

Recently Sold

$1,468 Per Sq Ft

241 Days on Market

Highlights

  • Doorman
  • Lake Front
  • Gas Heated Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Marble Flooring

About This Home

As of April 2018

BREATHTAKING PANORAMIC VIEWS - SOARING 10 FOOT CEILINGS. Direct Lake Views from Every Window. Exquisitely Renovated Apartment. Adjacent Apartment can be purchased to Combine and Create a Unique Jaw-Dropping Space.

Last Agent to Sell the Property

Cappy Abraham

Palm Beach Residential Properties, LLC License #CQ1021371 Listed on: 08/15/2017

Last Buyer's Agent

RICHARD STEINBERG

Douglas Elliman License #SL-3368764

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $14,094

Year Built

  • Built in 1956

Lot Details

  • West Facing Home

HOA Fees

  • $1,511 Monthly HOA Fees

Interior Spaces

  • 1,226 Sq Ft Home
  • Dining Area
  • Home Gym

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Intercom
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 1 Car Garage
  • No Garage
  • Open Parking

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Gas Heated Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434322180015180

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water, (see remarks)
  • 277 Units
  • Pb Towers Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$14,094

Year Built

Built in 1956

Lot Details

0

HOA Fees

$1,511 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: EAST OKEECHOBEE - LEFT ON COCOANUT ROW - BUILDING LESS THAN A MILE ON LEFT.
  • Building Name: PB Towers
  • Garage Yn: Yes
  • Year Built: 1956
  • Location Tax Legal:Name of Building: PB Towers
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 14093.77
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1510.89
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 277
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Pool:Pool3: 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:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Exposure of Unit:West2: Yes
  • Security:Security Guards: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Waterfront-Building:Lakefront2: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Waterfront-Unit:Lakefront3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Marble, W/W Carpeting
  • Interior Amenities: Cable, Intercom, Smoke Alarms
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Intercom: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Gas
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Exterior Features: Storm Shutters- Auto, Elevator, Exercise Room, Lobby
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Storm Shutters- Auto: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes
  • Parking:Open Parking: Yes
  • Parking:No Garage2: Yes
  • Parking:Other2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security Guards, Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility, Other Services
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water, Other (See Remarks)

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434322180015180
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 277
  • Maintenance Expense: 1510.89

Tax Info

  • Tax Annual Amount: 14093.77
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
Apr 23, 2018
Sold by
Abraham Daniel
Bought by
Schleiff Henry and Schleiff Peggy
Seller's Agent
Cappy Abraham
Palm Beach Residential Properties LLC
Buyer's Agent
Pat Smith
Douglas Elliman
List Price
$1,795,000
Sold Price
$1,800,000
Premium/Discount to List
$5,000
0.28%
Total Days on Market
241
Current Estimated Value
$2,010,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,500

Purchase Details

Closed on
Feb 13, 2007
Sold by
Guest Mary Scott
Bought by
Abraham S Daniel

Purchase Details

Closed on
Apr 8, 2006
Sold by
Metz Robert Timothy and Metz Geraldine Fabrikant
Bought by
Guest Mary Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 25, 2005
Sold by
Krissel Ricka
Bought by
Metz Robert Timothy and Metz Geraldine Fabrikant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 11, 2003
Sold by
Krissel Ricka
Bought by
Krissel Ricka
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 Type Sale Price Title Company
Warranty Deed $1,800,000 Attorney
Warranty Deed $975,000 Attorney
Warranty Deed $1,050,000 Attorney
Warranty Deed $800,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Fannie Mae Freddie Mac
Previous Owner $400,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2018 04/24/18 Sold $1,800,000 0.0% $1,468 / Sq Ft
04/24/2018 04/24/18 Sold $1,800,000 +0.3% $1,468 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
03/25/2018 03/25/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $1,795,000 -0.3% $1,464 / Sq Ft
08/15/2017 08/15/17 For Sale $1,800,000 -- $1,468 / Sq Ft
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
2020 $21,661 $1,293,106 $0 $1,293,106
2019 -- $1,240,400 $0 $1,240,400
2018 -- $1,240,400 $0 $1,240,400
2017 -- $970,400 $0 $0
2016 -- $704,440 $0 $0
2015 -- $640,400 $0 $0
2014 -- $640,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-1697

APN: 50-43-43-22-18-001-5180