NOT LISTED FOR SALE

Estimated Value: $704,128 - $976,000

2 Beds
2 Baths
1,348 Sq Ft
1973 Built

Sale Details

Date Sold: August 27, 2018

Last sale price $450,000 $334 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,082 / mo

183 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Fitness Center
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Heated In Ground Pool
  • Outdoor Living Area

About This Home

As of August 2018

Coveted north east exposure offering sweeping Intra coastal views from all living spaces. The renovated open and airy floorplan is favorable to all family dynamics.
Two bedroom with a master ensuite bath. Second bedroom features a french door opening to living room offering an optional study/den opportunity. Remodeled open kitchen boasts of new cabinets, granite countertops, and eat- in counter. Rapallo South is conveniently located minutes from the famous Worth ave., Royal Poinciana Plaza, The Breakers, the many restaurants in City Place, the Four Arts, beach, bike trail, and the Palm Beach International Airport.
Pet friendly building with doorman, pool, and gym.

Last Agent to Sell the Property

SHELLY NEWMAN

The Corcoran Group License #3260908 Listed on: 05/07/2018

The Corcoran Group

Last Buyer's Agent

SHELLY NEWMAN

The Corcoran Group License #3260908 Listed on: 05/07/2018

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,192

Year Built

  • Built in 1973

Lot Details

  • Northeast Facing Home

Parking

  • 1 Car Garage
  • Guest Parking
  • Open Parking
  • Assigned Parking

Property Views

  • Garden

Interior Spaces

  • 1,348 Sq Ft Home
  • Built-In Features
  • Single Hung Metal Windows
  • Sliding Windows
  • French Doors
  • Combination Dining and Living Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434327410006050

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common areas, cable TV, insurance, ground maintenance, sewer, security, trash, water
  • Rapallo South Subdivision
  • Community Parking
  • 19-Story Property

Amenities

  • Elevator
  • Secure Lobby
  • Community Storage Space

Recreation

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,192

Year Built

Built in 1973

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: South of Okeechobee on Flagler Drive
  • Year Built: 1973
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Eat-in Kitchen, Jetted Tub, Living/Dining Room, Multiple En Suite Bathrooms, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Flooring: Carpet, Marble
  • Living Area: 1348.0
  • Stories: 19
  • Window Features: Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Garden, Intercoastal
  • Pool Features: Heated, In Ground, Association
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Northeast
  • Patio And Porch Features: Covered, Patio, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Open Parking: Yes
  • Parking Features: Assigned, Garage, Guest, Open

Utilities

  • Security: Security System, Lobby Secured, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 697.96
  • Pets Allowed: Yes
  • Community Features: Property Manager On-Site
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Parking, Storage, Elevator(s)
  • Association: Yes
  • Pets Allowed: Number Limit, Pet Restrictions, Size Limit, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434327410006050
  • Mobile Dim Units: Feet
  • Zoning: RES

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6192.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Aug 23, 2018
Sold by
Baskies Jeffrey A and Estate Of Robert Jolin Osborne
Bought by
Schulman Barry I and Schulman Kathryn B
Seller's Agent
SHELLY NEWMAN
The Corcoran Group
Buyer's Agent
SHELLY NEWMAN
The Corcoran Group
List Price
$665,000
Sold Price
$450,000
Premium/Discount to List
-$215,000
-32.33%
Current Estimated Value
$868,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,282
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
Jun 8, 2004
Sold by
Brophy Gale Sorensen
Bought by
Osborne Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2003
Sold by
Cohee H Lee and Henry Thornton M
Bought by
Brophy Gale Sorensen

Purchase Details

Closed on
Apr 18, 1996
Sold by
Louis J Rothman Tr
Bought by
Hamilton Henry T and Hamilton Lois C

Purchase Details

Closed on
May 24, 1994
Sold by
Rothman Mary K
Bought by
Rothman Louis J
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
Schulman Barry I $450,000 Attorney
Osborne Robert $455,000 Premier Title Company Ltd
Brophy Gale Sorensen $202,500 --
Brophy Gale Sorensen -- --
Brophy Gale Sorensen -- --
Hamilton Henry T $92,000 --
Rothman Louis J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osborne Robert $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2018 08/27/18 Sold $450,000 -32.3% $334 / Sq Ft
07/28/2018 07/28/18 Pending -- -- --
11/07/2017 11/07/17 For Sale $665,000 -- $493 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $4,876 $550,000 -- --
2024 $4,876 $550,000 -- --
2023 $11,284 $580,000 $0 $580,000
2022 $7,929 $319,000 $0 $0
2021 $6,503 $290,000 $0 $290,000
2020 $6,237 $275,000 $0 $275,000
2019 $8,314 $366,000 $0 $366,000
2018 $6,672 $306,000 $0 $306,000
2017 $6,192 $286,000 $0 $0
2016 $6,157 $247,566 $0 $0
2015 $5,842 $225,060 $0 $0
2014 $5,276 $204,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10379907

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-27-41-000-6050

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