NOT LISTED FOR SALE

Estimated Value: $158,000 - $181,000

1 Bed
1 Bath
731 Sq Ft
$310/mo HOA Fee

Last Sold December 21, 2016

Last sale price $69,000 $94 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $1,511/month

5 Days on Market

Highlights

  • Newly Remodeled
  • Mediterranean Architecture
  • Tennis Courts
  • Clubhouse
  • Community Pool
  • Walk-In Closet

About This Home

As of December 2016

SPECIAL OPPORTUNITY FOR INVESTORS! GREAT CAP RATE OF OVER 10.00%. This 1 Bdrm, 1 bath Condo is well rented for $1000.00 per month with a great tenant. Perfect investment,CASH COW! Buy this unit and start collecting your rent. Community has Pool, GYM and it is gated. 24 hours security. Located near excellent schools, Parks, Beaches, City Place and the Outlet Mall. Easy access to I-95 and close to Palm Beach International Airport.

Last Listed By

Frank Cavallino

Cavalli Realty, LLC License #3443326 Listed on: 11/15/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,401

Year Built

  • Built in 1990 | Newly Remodeled

Lot Details

  • 1

HOA Fees

  • $310 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Fixer Upper
  • Frame Construction

Interior Spaces

  • 731 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Security Gate

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74424313230181815

Community Details

Overview

  • 400 Units
  • Ponte Verde At Palm Beach Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Community Spa
  • Park
  • Trails

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,401

Year Built

Built in 1990 | Newly Remodeled

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Palm Beach lakes Blvd N. to Village, left into Ponte Verde
  • Year Built: 1990
  • Architectural Style: Mediterranean
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Entrance Foyer, Living/Dining Room, Pantry, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 731.0
  • Stories: 1

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Frame
  • Property Condition: New Construction, Fixer

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 310.0
  • Community Features: Clubhouse, Park, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74424313230181815
  • Zoning Description: RPD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1401.0

Multi Family

  • Number Of Units In Community: 400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2016
Closed on
Dec 21, 2016
Sold by
Bederak Svetlana
Bought by
Mieil Llc
Seller's Agent
Frank Cavallino
Cavalli Realty, LLC
List Price
$69,900
Sold Price
$69,000
Premium/Discount to List
-$900
-1.29%
Total Days on Market
5
Current Estimated Value
$170,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,073
Avg. Annual Appreciation
11.44%

Purchase Details

Closed on
Apr 21, 2014
Sold by
Spivak David
Bought by
Bederak Svetlana

Purchase Details

Listed on
Jul 29, 2013
Closed on
Jan 16, 2014
Sold by
Fannie Mae
Bought by
Spivak David
Seller's Agent
Jean Marseille
Legacy Realty & Development
List Price
$74,900
Sold Price
$32,500
Premium/Discount to List
-$42,400
-56.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.87%

Purchase Details

Closed on
Jul 11, 2013
Sold by
Phengphanh Phouvieng
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 15, 2007
Sold by
Grec Conversions Xx Ltd
Bought by
Phengphanh Phouvieng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,920
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

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
Mieil Llc $69,000 Aventura Title Group Inc
Bederak Svetlana $32,500 None Available
Spivak David $32,500 Bay National Title Company
Federal National Mortgage Association -- None Available
Phengphanh Phouvieng $184,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phengphanh Phouvieng $147,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2016 12/21/16 Sold $69,000 -1.3% $94 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $69,900 +115.1% $96 / Sq Ft
01/27/2014 01/27/14 Sold $32,500 -56.6% $44 / Sq Ft
12/28/2013 12/28/13 Pending -- -- --
07/29/2013 07/29/13 For Sale $74,900 -- $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 $3,039 $135,000 -- --
2023 $2,891 $127,000 $0 $127,000
2022 $2,094 $81,070 $0 $0
2021 $1,886 $77,000 $0 $77,000
2020 $1,713 $67,000 $0 $67,000
2019 $1,691 $65,000 $0 $65,000
2018 $1,485 $60,000 $0 $60,000
2017 $1,360 $54,000 $0 $0
2016 $1,412 $56,000 $0 $0
2015 $1,401 $54,000 $0 $0
2014 $1,323 $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS

MLS Number: R10283777

BeachesMLS

APN: 74-42-43-13-23-018-1815