NOT LISTED FOR SALE

Estimated Value: $1,265,836 - $1,441,000

3 Beds
3.5 Baths
1,826 Sq Ft
$730/Sq Ft Est. Value

Sale Details

Date Sold: June 21, 2024

Last sale price $1,200,000 $657 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $9,285 / mo

33 Days on Market

Highlights

  • Wood Flooring
  • Outdoor Living Area
  • Balcony
  • Palm Beach Public School Rated A-
  • Community Pool
  • 3-minute walk to Flamingo Park

About This Home

As of June 2024

This beautifully renovated 3 bedroom, 3 and a half bath townhome in Magnolia Court is located in the desirable historic El Cid neighborhood, 1 block from the intercoastal waterway in West Palm Beach and a 5 minute drive from Worth Avenue and other Palm Beach restaurants and shops. There are only 60 private residences which include an inviting pool area and tree lined courtyard. The unit underwent a full renovation in 2020 with the most high quality finishes and attention to detail given to this townhome. The floors, kitchen, three and a half bathrooms and the dry bar have been fully renovated as part of the 2020 renovation. Additionally, the HVAC was replaced in 2023. Other perks include en-suite bathrooms in each bedroom, ample closet and storage space throughout and a large two car garage. Magnolia Court is ideally located by all the local favorite restaurants and shops: Grato, Table 26, Grandview Market, Hive, Worth Avenue, The Norton Museum and downtown. Magnolia Court has a shared private pool and outdoor BBQ. Conveniently located 10 minutes from Palm Beach International Airport (PBI).

Last Agent to Sell the Property

Elizabeth Tristan

Douglas Elliman License #3501244 Listed on: 03/29/2024

Douglas Elliman

Last Buyer's Agent

MICHELLE KIRSCHNER

Douglas Elliman License #3429703

Douglas Elliman

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,736

Year Built

  • Built in 2004

Lot Details

  • South Facing Home

HOA Fees

  • $833 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home

Interior Spaces

  • 1,826 Sq Ft Home
  • 3-Story Property
  • Bar
  • Entrance Foyer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Living Area

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434327760000170

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance
  • 60 Units
  • Magnolia Court Subdivision
  • Community Parking

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,736

Year Built

Built in 2004

Lot Details

1,307 Sq Ft Lot

HOA Fees

$833 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Year Built: 2004
  • Unit Levels: Multi/Split, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Interior Amenities: Bathtub, Dual Sinks, Entrance Foyer, Soaking Tub, Separate Shower, Bar, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Wood
  • Living Area: 1826.0
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • Pool Features: Association
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Open, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Inside, Laundry Closet
  • 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: 833.0
  • Community Features: Home Owners Association, Sidewalks
  • Senior Community: No
  • Amenities: Pool, Parking
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds

Lot Info

  • Parcel #: 74434327760000170
  • Mobile Dim Units: Feet
  • Zoning: RPD

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13736.0

Multi Family

  • Number Of Units In Community: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Jun 24, 2024
Sold by
Mulcahy Kevin and Mcnamara Patrick
Bought by
Kennedy David Sean and Kennedy Francesca S
Seller's Agent
Elizabeth Tristan
Douglas Elliman
Buyer's Agent
MICHELLE KIRSCHNER
Douglas Elliman
List Price
$1,350,000
Sold Price
$1,200,000
Premium/Discount to List
-$150,000
-11.11%
Views
33
Current Estimated Value
$1,332,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,709
Avg. Annual Appreciation
6.07%
Original Mortgage
$400,000
Outstanding Balance
$393,457
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$939,252

Purchase Details

Listed on
Sep 27, 2020
Closed on
Dec 7, 2020
Sold by
Murphy Robert W and Murphy Brooke
Bought by
Mulcahy Kevin and Mcnamara Patrick
Seller's Agent
Brooke Murphy
Compass Florida LLC
Buyer's Agent
Chelsey Fries
Douglas Elliman Jupiter
List Price
$749,000
Sold Price
$650,000
Premium/Discount to List
-$99,000
-13.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.91%
Original Mortgage
$487,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2019
Closed on
Jan 13, 2020
Sold by
Kegelman Harry J and Kegelman Catherine S
Bought by
Murphy Robert W and Murphy Brooke
Seller's Agent
Gary Pohrer
Serhant
Buyer's Agent
Brooke Murphy
Compass Florida LLC
List Price
$595,000
Sold Price
$530,000
Premium/Discount to List
-$65,000
-10.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.45%
Original Mortgage
$485,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2017
Closed on
Aug 11, 2017
Sold by
Paalasmaa Seppo
Bought by
Kegelman Harry J and Kegelman Catherine S
Seller's Agent
Eila Piira
Coastline Realty, Inc.
Buyer's Agent
Renee Hall
Compass Florida LLC
List Price
$540,000
Sold Price
$530,000
Premium/Discount to List
-$10,000
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$424,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2012
Sold by
Oy Merituulen Rauta
Bought by
Paalasmaa Seppo

Purchase Details

Closed on
Jan 13, 2009
Sold by
Boyd Milton B
Bought by
Oy Merituulen Rauta

Purchase Details

Closed on
Apr 8, 2004
Sold by
Magnolia Court Development Corp
Bought by
Boyd Milton B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,050
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Kennedy David Sean $1,200,000 Property Transfer Services
Mulcahy Kevin $650,000 Attorney
Murphy Robert W $530,000 Attorney
Kegelman Harry J $530,000 First International Title In
Paalasmaa Seppo $273,000 Attorney
Oy Merituulen Rauta $450,000 Sunbelt Title Agency
Boyd Milton B $415,066 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy David Sean $400,000
Previous Owner Mulcahy Kevin $487,500
Previous Owner Murphy Robert W $485,000
Previous Owner Kegelman Harry J $424,000
Previous Owner Boyd Milton B $332,050
Closed Boyd Milton B $61,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2024 06/21/24 Sold $1,200,000 -11.1% $657 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $1,350,000 0.0% $739 / Sq Ft
05/01/2022 05/01/22 Rented $6,000 +9.1% --
04/01/2022 04/01/22 Under Contract -- -- --
03/23/2022 03/23/22 For Rent $5,500 +37.5% --
06/22/2021 06/22/21 For Rent $4,000 0.0% --
06/22/2021 06/22/21 Rented $4,000 0.0% --
12/07/2020 12/07/20 Sold $650,000 -13.2% $353 / Sq Ft View Prior Sale
11/07/2020 11/07/20 Pending -- -- --
09/27/2020 09/27/20 For Sale $749,000 +41.3% $407 / Sq Ft
01/13/2020 01/13/20 Sold $530,000 -10.9% $288 / Sq Ft View Prior Sale
12/14/2019 12/14/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $595,000 +12.3% $324 / Sq Ft
08/21/2017 08/21/17 Sold $530,000 -1.9% $290 / Sq Ft View Prior Sale
07/22/2017 07/22/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $540,000 -- $296 / 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 $15,303 $490,000 -- --
2024 $15,303 $625,570 -- --
2023 $13,736 $568,700 $0 $0
2022 $12,262 $517,000 $0 $0
2021 $10,417 $470,000 $0 $470,000
2020 $10,521 $470,000 $0 $470,000
2019 $9,691 $470,000 $0 $470,000
2018 $9,885 $450,000 $0 $450,000
2017 $8,725 $450,000 $0 $0
2016 $8,130 $332,750 $0 $0
2015 $7,263 $302,500 $0 $0
2014 $6,638 $275,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10973025

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-27-76-000-0170

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