NOT LISTED FOR SALE

616 Clearwater Park 1408 Rd Unit 1408 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $244,000 - $291,000

1 Bed
1 Bath
690 Sq Ft
$474/mo HOA Fee

Last Sold November 17, 2021

Last sale price $185,000 $268 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,095/month

9 Days on Market

Highlights

  • Water Views
  • Gated Community
  • Community Pool
  • Fitness Center
  • Mediterranean Architecture
  • 5-minute walk to Gateway Park

About This Home

As of November 2021

You don't want to miss out on this rare 14th floor east facing condo in the heart of downtown West Palm Beach. Not only does this gorgeous building have resort style amenities that will make you feel like you're on vacation year round but it also has 24 hour door manned service. Sit on your balcony and watch the sun rise over the city or relax by the pool during sunset. Work out in the state of the art fitness center, or detox in the sauna. Updated laminate floors in the living room and bedroom, full sized washer/dryer and gated entry into your parking garage.

Last Agent to Sell the Property

Melissa Merrell

Inactive Member License #3476686 Listed on: 10/08/2021

Last Buyer's Agent

Stephanie Gagnon

The Keyes Company License #3298088

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,974

Year Built

  • Built in 2003

Lot Details

  • 1

HOA Fees

  • $474 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Mediterranean Architecture
  • Entry on the 14th floor

Interior Spaces

  • 690 Sq Ft Home
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74434321220141408

Community Details

Overview

  • High-Rise Condominium
  • Montecito Palm Beach Cond Subdivision
  • 16-Story Property

Amenities

  • Game Room
  • Business Center
  • Bike Room

Recreation

  • Fitness Center
  • Community Pool

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,974

Year Built

Built in 2003

Lot Details

0

HOA Fees

$474 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to Okeechobee East to Australian North to Clearwater Park Rd.
  • Year Built: 2003
  • Architectural Style: High Rise, Mediterranean
  • Entry Level: 14
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Laminate, Tile
  • Living Area: 690.0
  • Dining Room Type: Laundry
  • Stories: 16

Exterior Features

  • View: Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Security: Security Guard
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 474.0
  • Community Features: Game Room, Gated, Property Manager On-Site, Pool, Street Lights
  • Senior Community: No
  • Amenities: Bike Storage, Business Center, Fitness Center, Management, Pool
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434321220141408
  • Zoning Description: CLD-25

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2974.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 12, 2021
Sold by
Dewolf Aschwin M
Bought by
Marcusky Derek Michael
Seller's Agent
Melissa Merrell
Inactive Member
Buyer's Agent
Stephanie Gagnon
The Keyes Company
List Price
$179,500
Sold Price
$185,000
Premium/Discount to List
$5,500
3.06%
Current Estimated Value
$259,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,446
Avg. Annual Appreciation
8.71%
Original Mortgage
$138,750
Outstanding Balance
$127,673
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$127,924

Purchase Details

Closed on
Mar 21, 2005
Sold by
Montecito Mark Lllp
Bought by
Dewolf Aschwin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Marcusky Derek Michael $185,000 First American Title Ins Co
Marcusky Derek Michael $185,000 First American Title
Dewolf Aschwin M $214,900 Jacksonville Title & Trust L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcusky Derek Michael $138,750
Closed Marcusky Derek Michael $138,750
Previous Owner Dewolf Aschwin M $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $185,000 +3.1% $268 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $179,500 -- $260 / 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 $2,942 $170,274 -- --
2023 $2,852 $165,315 $0 $0
2022 $2,801 $160,500 $0 $0
2021 $2,948 $121,000 $0 $121,000
2020 $2,974 $121,000 $0 $121,000
2019 $3,067 $127,000 $0 $127,000
2018 $2,566 $112,000 $0 $112,000
2017 $2,495 $123,000 $0 $0
2016 $2,399 $86,515 $0 $0
2015 $2,339 $78,650 $0 $0
2014 $2,046 $71,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Melissa Merrell

    Inactive Member

  • S

    Buyer's Agent in 2021

    Stephanie Gagnon

    The Keyes Company

    (561) 252-3356

    1 in this area

    107 Total Sales

    Stephanie Gagnon
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Map

Source: BeachesMLS

MLS Number: R10750902

BeachesMLS

APN: 74-43-43-21-22-014-1408

Florida Palm Beach County West Palm Beach 33401 Downtown West Palm Beach

616 Clearwater Park 1408 Rd Unit 1408, West Palm Beach, FL

This home is located at 616 Clearwater Park 1408 Rd Unit 1408, West Palm Beach, FL 33401 since 08 October 2021 and is currently estimated at $259,446, approximately $376 per square foot. This property was built in 2003. 616 Clearwater Park 1408 Rd Unit 1408 is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Bear Lakes Middle School, and Palm Beach Lakes Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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