NOT LISTED FOR SALE

Estimated Value: $940,462 - $997,000

2 Beds
2 Baths
1,350 Sq Ft
$715/Sq Ft Est. Value

Last Sold November 26, 2024

Last sale price $975,000 $722 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,896/month

319 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Outdoor Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • 5-minute walk to Norton Gallery Park

About This Home

As of November 2024

Enjoy the spectacular views of the Intracoastal from this exquisitely maintained 2 bedroom and 2 bath home. The owner has created a classic livable space by opening one wall and adding moldings and decorative details throughout. The result is a chic and comfortable space. Rapallo North is a well-managed full-service building with doorman, onsite management office and maintenance staff. Amenities include pool, gym and community room. Conveniently located for easy access to Palm Beach Island, downtown West Palm Beach and Palm Beach international airport. All sizes are approximate and should be verified by the buyer. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2024 by the listing company. All Rights Reserved.

DISCLAIMER:/Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice.

Last Listed By

Rosalind Clarke

Premier Estate Properties, Inc. - Palm Beach License #401582 Listed on: 11/27/2023

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $3,703

Year Built

  • Built in 1973

Lot Details

  • East Facing Home

HOA Fees

  • $1,203 Monthly HOA Fees

Interior Spaces

  • 1,350 Sq Ft Home
  • Dining Area
  • Home Gym
  • Wall to Wall Carpet

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 74434327400008030

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 156 Units
  • Rapallo North Community
  • On-Site Maintenance
  • 19-Story Property

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$3,703

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,203 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Rapallo North
  • Year Built: 1973
  • Location Tax Legal:Name of Building: Rapallo North
  • Location Tax Legal:Zoned: MF32
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 3703.0
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 1350.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1202.71
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 156
  • General Property Description:_pound_ Floors: 19.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:WW Carpeting: Yes
  • Laundry:Laundry in Building: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: W/W Carpeting, Other Flooring
  • Interior Amenities: Cable, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 1350.0
  • Stories: 19
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water
  • Pool Private: Yes
  • Exterior Features: Balcony, Impact Doors, Impact Windows, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes

Utilities

  • Laundry Features: Laundry in Building, Laundry in Unit
  • Security: Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 74434327400008030
  • Zoning: MF32

Multi Family

  • Number Of Units Total: 156
  • Maintenance Expense: 1202.71

Tax Info

  • Tax Annual Amount: 3703.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Nov 20, 2024
Sold by
Riedel Janyce A
Bought by
Vannoppen Carlin Ray
Seller's Agent
Rosalind Clarke
Premier Estate Properties, Inc. - Palm Beach
Buyer's Agent
pbb.rets.frisst
pbb.rets.RETS_OFFICE
List Price
$1,149,000
Sold Price
$975,000
Premium/Discount to List
-$174,000
-15.14%
Total Days on Market
319
Views
58
Current Estimated Value
$964,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,384
Avg. Annual Appreciation
-2.58%
Original Mortgage
$536,250
Outstanding Balance
$534,310
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$430,306

Purchase Details

Closed on
Nov 18, 2013
Sold by
Tewarson Archibald and Tewarson Pamela
Bought by
Tewarson Archibald and Tewarson Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
4.57%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 10, 2013
Sold by
Somerville Kurt F and Silver Paul A
Bought by
Tewarson Archibald and Tewarson Pamela

Purchase Details

Closed on
Nov 23, 2011
Sold by
Riedel Earle W and Riedel Janyce A
Bought by
Rapallo Condominium Apartments Associati

Purchase Details

Closed on
Dec 16, 1999
Sold by
Kurtis Arlene
Bought by
Riedel Earle W and Riedel Janyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
7.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 1996
Sold by
Harris Estelle B
Bought by
Kurtis Arlene

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
Vannoppen Carlin Ray $975,000 None Listed On Document
Vannoppen Carlin Ray $975,000 None Listed On Document
Vannoppen Carlin Ray -- None Listed On Document
Tewarson Archibald -- None Available
Tewarson Archibald $310,000 Attorney
Rapallo Condominium Apartments Associati -- Attorney
Riedel Earle W $135,000 --
Kurtis Arlene $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vannoppen Carlin Ray $536,250
Previous Owner Riedle Fari W $260,500
Previous Owner Riedel Earle W $280,000
Previous Owner Riedel Janyce $42,000
Previous Owner Riedel Earl W $150,000
Previous Owner Riedel Earle W $50,000
Previous Owner Riedel Earle W $359,650
Previous Owner Riedel Earle W $15,000
Previous Owner Riedel Earle W $246,000
Previous Owner Riedel Earle W $238,500
Previous Owner Kurtis Arlene $151,200
Previous Owner Kurtis Arlene $128,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $975,000 -7.1% $722 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
07/05/2024 07/05/24 Price Changed $1,049,000 -8.7% $777 / Sq Ft
11/27/2023 11/27/23 For Sale $1,149,000 -- $851 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $3,707 $218,404 -- --
2023 $3,703 $212,043 $0 $0
2022 $3,649 $205,867 $0 $0
2021 $3,627 $199,871 $0 $0
2020 $3,602 $197,111 $0 $0
2019 $3,541 $192,679 $0 $0
2018 $3,322 $189,086 $0 $0
2017 $3,259 $185,197 $0 $0
2016 $3,245 $181,388 $0 $0
2015 $3,309 $180,127 $0 $0
2014 $3,310 $178,697 $0 $0
Source: Public Records

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Source: Palm Beach Board of REALTORS®

MLS Number: 23-1912

APN: 74-43-43-27-40-000-8030