NOT LISTED FOR SALE

Rapallo Floor 15 West Palm Beach, FL 33401

El Cid Neighborhood

Estimated Value: $602,364 - $835,000

2 Beds
2 Baths
1,086 Sq Ft
$514/mo HOA Fee

Last Sold September 03, 2013

Last sale price $217,000 $200 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $4,706/month

59 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Balcony
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • 5-minute walk to Norton Gallery Park

About This Home

As of September 2013

Lowest price unit; save 50k or more; luxury 2bedroom/2bath / oversize 25x6 balcony, water view, Italian Amalfi Cabinets, granite kitchen & baths, pet friendly, water & cable included, crown moldings, 2 master bedrooms w. walk-in closets.

Last Agent to Sell the Property

Fernando Corona

Multiple Listing Solutions License #3027785 Listed on: 05/25/2013

Last Buyer's Agent

MAR NON-MEMBER

NO MLS PARTICIPATION (MAR) License #0

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,046

Year Built

  • Built in 1973

Lot Details

  • East Facing Home

HOA Fees

  • $514 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Home Design

  • Entry on the 15th floor
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,086 Sq Ft Home
  • Built-In Features
  • Sliding Windows
  • Eat-In Kitchen

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434327400002050

Community Details

Overview

  • 156 Units
  • Rapallo Condo
  • Rapallo Subdivision, 2 Bedroom Floorplan
  • 19-Story Property

Amenities

  • Doorman
  • Secure Lobby
  • Interior Hall

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,046

Year Built

Built in 1973

Lot Details

0

HOA Fees

$514 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Condominium
  • Directions: Okeechobee Blvd East to Flagler Dr, right (south) 1/4 mi to The Rapallo
  • Entry Level: 15
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • Master Model: 2 bedroom
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Rapallo
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Active
  • CurrentPrice: 217000
  • InternetRemarks: Lowest price unit; save 50k or more; luxury 2bedroom/2bath / oversize 25x6 balcony, water view, Italian Amalfi Cabinets, granite kitchen & baths...
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Interior Hall, Lobby, Built-in Features, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 1086
  • Possible Use: Unknown/Withheld
  • Stories: 19
  • Window Features: Hurricane Shutters, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Eat-In Kitchen
  • Master Bathroom Features: None

Exterior Features

  • View: Intracoastal View, Water View
  • Exterior Features: Other, Open Balcony
  • Construction Type: Pre-Cast Concrete Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Rapallo Condo
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Doorman, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 514
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 74434327400002050

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 4046

Multi Family

  • Number Of Units In Community: 156
  • Number Of Units Total: 156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2013
Closed on
Oct 11, 2013
Sold by
Buttion Aida
Bought by
Grand Isles X Llc
Seller's Agent
Fernando Corona
Multiple Listing Solutions
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$235,000
Sold Price
$217,000
Premium/Discount to List
-$18,000
-7.66%
Current Estimated Value
$682,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,841
Avg. Annual Appreciation
10.09%
Original Mortgage
$162,500
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2013
Closed on
Aug 30, 2013
Sold by
Grand Isles X Llc
Bought by
Robinson Calvin R
Seller's Agent
Fernando Corona
Multiple Listing Solutions
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$235,000
Sold Price
$217,000
Premium/Discount to List
-$18,000
-7.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2011
Sold by
Buttion Aida
Bought by
Grand Isles X Llc

Purchase Details

Closed on
Feb 7, 2005
Sold by
Flamburis Richard A
Bought by
Buttion Aida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2004
Sold by
Buckner George D
Bought by
Flamburis Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,200
Interest Rate
5.66%
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
Grand Isles X Llc $171,800 None Available
Robinson Calvin R $217,000 Weston Title & Escrow
Grand Isles X Llc $9,700 None Available
Buttion Aida $320,000 --
Flamburis Richard A -- --
Flamburis Richard A $221,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson Calvin R $162,500
Previous Owner Buttion Aida $225,000
Previous Owner Flamburis Richard A $177,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2013 09/03/13 Sold $217,000 -5.6% $200 / Sq Ft
06/09/2013 06/09/13 Price Changed $229,900 -2.2% $212 / Sq Ft
05/25/2013 05/25/13 For Sale $235,000 -- $216 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2025 $7,881 $475,000 -- --
2024 $7,881 $319,440 -- --
2023 $8,508 $290,400 $0 $0
2022 $6,534 $264,000 $0 $0
2021 $5,415 $240,000 $0 $240,000
2020 $4,465 $236,366 $0 $0
2019 $4,392 $231,052 $0 $0
2018 $6,206 $280,000 $0 $280,000
2017 $4,069 $222,080 $0 $0
2016 $4,055 $217,512 $0 $0
2015 $4,136 $216,000 $0 $0
2014 $4,178 $216,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2013

    Fernando Corona

    Multiple Listing Solutions

    (786) 295-7806

    1 in this area

    52 Total Sales

    Fernando Corona
    Section Image

  • M

    Buyer's Agent in 2013

    MAR NON-MEMBER

    NO MLS PARTICIPATION (MAR)

    566 Total Sales

    MAR NON-MEMBER
    Section Image
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About Rapallo

Source: MIAMI REALTORS® MLS

MLS Number: A1792585

MIAMI REALTORS® MLS

APN: 74-43-43-27-40-000-2050

Florida Palm Beach County West Palm Beach 33401

El Cid

Not Listed for Sale

Condos

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