NOT LISTED FOR SALE

Estimated Value: $821,200 - $1,190,000

2 Beds
2 Baths
1,348 Sq Ft
$702/Sq Ft Est. Value

Last Sold December 15, 2014

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

Est. 110% increase in value since last sale

Current estimated payment $6,501/month

250 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Outdoor Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Home Gym

About This Home

As of December 2014

Unbelievable views of the Ocean, Palm Beach Island, the parade of boats on the intracoastal from this beautifully renovated apartment with new windows, new kitchen and new Master Bathroom. Full service building includes 24 hour door person, valet parking available, storage, fitness center, heated pool. Pet friendly building.

Last Listed By

Andre Manzi

Mary Overall Real Estate License #3096398 Listed on: 03/20/2014

Mary Overall Real Estate

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $4,388

Year Built

  • Built in 1973

Lot Details

  • East Facing Home
  • Back Yard Fenced

HOA Fees

  • $684 Monthly HOA Fees

Interior Spaces

  • 1,348 Sq Ft Home
  • Dining Area
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Security

  • Home Security System
  • Hurricane or Storm Shutters

Parking

  • 1 Parking Space
  • Open Parking

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 74434327410011209

Community Details

Overview

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

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$4,388

Year Built

Built in 1973

Lot Details

0

HOA Fees

$684 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Flagler Drive, south of Okeechobee
  • Building Name: Rapallo South
  • Year Built: 1973
  • Location Tax Legal:Name of Building: Rapallo South
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 4388.0
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 684.06
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 192
  • 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
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Security:Security System: 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:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:WW Carpeting: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Pool:Heated Elec: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Waterfront-Building:ICW-Across Bike Path: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven-Double, Oven-Convection, Microwave, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Tile, W/W Carpeting
  • Interior Amenities: Cable
  • Stories: 19
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Balcony, Storm Shutters, Fence - Back Wall, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes
  • Parking:Open Parking: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Security System, Other Security, Door Person
  • Heating: Central Air
  • 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, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 74434327410011209
  • Zoning: RD-1

Rental Info

  • Pets Other: below 20lbs

Multi Family

  • Number Of Units Total: 192
  • Maintenance Expense: 684.06

Tax Info

  • Tax Annual Amount: 4388.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2021
Sold by
Roy Stella M
Bought by
Roy Stella M and Roy Stephen M
Total Days on Market
250
Current Estimated Value
$946,550

Purchase Details

Listed on
Mar 20, 2014
Closed on
Dec 15, 2014
Sold by
Bailey A Chapman
Bought by
Roy Stella M
Seller's Agent
Andre Manzi
Mary Overall Real Estate
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
May 13, 2011
Sold by
Greeley Chapman B
Bought by
Bailey A Chapman and A Chapman Bailey Declaration Of Trust

Purchase Details

Closed on
Dec 19, 2008
Sold by
Greeley Chapman B
Bought by
Greeley Chapman B and Chapman B Greeley Declaration Of Trust

Purchase Details

Closed on
Jun 24, 2005
Sold by
Sang Lewis M and Sang Joyce L
Bought by
Greeley Chapman B

Purchase Details

Closed on
Feb 29, 1996
Sold by
Bowron William A and Bowron Shila D
Bought by
Sang Lewis M and Sang Joyce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.97%
Mortgage Type
Balloon

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
Roy Stella M -- Accommodation
Roy Stella M $450,000 Attorney
Bailey A Chapman -- None Available
Greeley Chapman B -- Attorney
Greeley Chapman B $565,000 Premier Title Company Ltd
Sang Lewis M $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sang Lewis M $95,000
Previous Owner Sang Lewis M $220,000
Previous Owner Sang Lewis M $27,500
Previous Owner Sang Lewis M $25,000
Previous Owner Sang Lewis M $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2014 12/15/14 Sold $450,000 0.0% $334 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $450,000 -- $334 / 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 $6,523 $351,095 -- --
2023 $6,357 $340,869 $0 $0
2022 $6,285 $330,941 $0 $0
2021 $6,268 $321,302 $0 $0
2020 $6,233 $316,866 $0 $0
2019 $6,137 $309,742 $0 $0
2018 $5,807 $303,967 $0 $0
2017 $5,729 $297,715 $0 $0
2016 $5,716 $291,592 $0 $0
2015 $7,681 $328,000 $0 $0
2014 $4,388 $225,032 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Palm Beach Board of REALTORS®

MLS Number: 14-651

APN: 74-43-43-27-41-001-1209