NOT LISTED FOR SALE

Estimated Value: $327,113 - $429,000

2 Beds
2 Baths
1,080 Sq Ft
$709/mo HOA Fee

Last Sold April 15, 2021

Last sale price $220,000 $204 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,171/month

28 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Walk-In Closet
  • Gated Community
  • Community Pool
  • 5-minute walk to Gateway Park

About This Home

As of April 2021

Beautiful 2/2 condo in luxury building MONTECITO PALM BEACH. Water views can be seen from every room. 24hr concierge, resort style pool and spa.

Last Agent to Sell the Property

Venessa Brown

Selling Sunset Realty LLC License #3342183 Listed on: 02/15/2021

Last Buyer's Agent

Julie Olson

One Sotheby's International Re License #3256648

One Sotheby's International Re

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,847

Year Built

  • Built in 2003

Lot Details

  • 1

HOA Fees

  • $709 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,080 Sq Ft Home
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434321220121210

Community Details

Overview

  • Association fees include common areas, cable TV, pool(s), sewer, trash, water
  • Montecito Palm Beach Cond Subdivision
  • 16-Story Property

Amenities

Recreation

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,847

Year Built

Built in 2003

Lot Details

0

HOA Fees

$709 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I95-to okeechobee, N on Australian right on Baynan right on Clearwater building on left.
  • Year Built: 2003
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1080.0
  • Dining Room Type: Laundry
  • Stories: 16

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Brick Veneer, Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 709.0
  • Community Features: Clubhouse, Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Other, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 74434321220121210
  • Zoning Description: CLD-25

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3847.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Apr 14, 2021
Sold by
Brown Venessa and Smith Grasford Washington
Bought by
Pierre Nerlie
Seller's Agent
Venessa Brown
Selling Sunset Realty LLC
Buyer's Agent
Julie Olson
One Sotheby's International Re
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Current Estimated Value
$365,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,028
Avg. Annual Appreciation
12.51%
Original Mortgage
$209,000
Outstanding Balance
$190,871
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$176,924

Purchase Details

Closed on
Nov 6, 2018
Sold by
Romanello Laura
Bought by
Brown Venessa Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 8, 2012
Closed on
Aug 6, 2012
Sold by
Federal National Mortgage Association
Bought by
Romanello Laura
Seller's Agent
Jim Banford
Real Estate Asset Disp Corp.
List Price
$109,900
Sold Price
$116,000
Premium/Discount to List
$6,100
5.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%

Purchase Details

Closed on
Jun 13, 2011
Sold by
Devesa Jesus and Vilaneuva Maria Rosario
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 29, 2005
Sold by
Montecito Mark Lllp
Bought by
Devesa Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,920
Interest Rate
5.57%
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
Pierre Nerlie $220,000 Trident Title
Brown Venessa Smith $185,000 Attorney
Romanello Laura $116,000 Attorney
Federal National Mortgage Association -- Attorney
Devesa Jesus $364,900 Usa Title Partners Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierre Nerlie $209,000
Previous Owner Brown Venessa Smith $175,750
Previous Owner Devesa Jesus $291,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $220,000 -2.2% $204 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $225,000 +94.0% $208 / Sq Ft
08/10/2012 08/10/12 Sold $116,000 +5.6% $107 / Sq Ft
07/11/2012 07/11/12 Pending -- -- --
07/08/2012 07/08/12 For Sale $109,900 -- $102 / 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 $5,671 $297,670 -- --
2023 $5,520 $289,000 $0 $289,000
2022 $4,850 $210,790 $0 $0
2021 $3,813 $159,000 $0 $159,000
2020 $3,847 $159,000 $0 $159,000
2019 $4,235 $167,000 $0 $167,000
2018 $3,702 $157,000 $0 $157,000
2017 $3,822 $172,000 $0 $0
2016 $3,632 $142,417 $0 $0
2015 $3,442 $129,470 $0 $0
2014 $3,159 $117,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10692471

BeachesMLS

APN: 74-43-43-21-22-012-1210