NOT LISTED FOR SALE

0001 Park Ln E Lake Worth Beach, FL 33449

Estimated Value: $833,000 - $1,309,000

6.4 Acres
$167,344 Price per Acre
278,784 Sq Ft Lot

Last Sold October 13, 2021

Last sale price $533,333

Est. 101% increase in value since last sale

Current estimated payment $6,124/month

22 Days on Market

Highlights

  • No HOA
  • Agricultural
  • Grass Covered Lot
  • Coral Reef Elementary School Rated A-
  • Brush Vegetation

About This Lot

As of October 2021

6.4 Acers vacant raw, unimproved prime Palm Beach County Real Estate. Great location for a horse farm, about 15 min from Wellington. Also for sale (NOT INCLUDED) adjacent 5.0 acres and 9.88 acres. The larger lot features a 2.5 acres lake, recently renovated 1/1 cottage and 6500 detached building. Buy them all or separate. SELLER FINANCING AVILABLE. See attached documents for Palm Beach County Zoning building requirements for the area.

Last Agent to Sell the Property

Karl Schulz

KD Gunther Properties By Friday Realty, LLC License #3238831 Listed on: 07/10/2021

Last Buyer's Agent

Ryan Jennings

Keller Williams Realty - Welli License #3071853

Keller Williams Realty - Welli

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,593

Lot Details

  • 6.4 Acre Lot
  • Lot Dimensions are 666 x 432
  • East Facing Home
  • Brush Vegetation
  • Grass Covered Lot
  • 8 Lots in the community
  • Site Plan Filed
  • Property is zoned AG/RS

Additional Features

  • Agricultural
  • Water Not Available

Community Details

  • No Home Owners Association
  • Heritage Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00414501000003250

Property Details

Property Type

Land

Est. Annual Taxes

$1,593

Lot Details

6.4 Acres

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Directions: State Rd 7 (441) to Hypoluxo Rd (West) on Heritage Farms Rd 3/4 mile to Park Lane Road, R 1/3 Mile till 68th CT S, turns into Park Lane E 1/2 mile up the road on left hand side.
  • DelayedMarketingYN: No
  • Special Features: None

Exterior Features

  • Lot Features: 5-10 Acres, Agricultural, Residential Lot
  • Waterfront: No
  • Direction Faces: East

Utilities

  • Utilities: None, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 00414501000003250
  • Current Use: Agricultural, Single Family
  • Development Status: Site Plan Filed
  • Lot Size Acres: 6.4
  • Lot Size: 666 x 432
  • Lot Size Sq Ft: 278784.0
  • Number Of Lots: 8
  • Possible Use: Single Family
  • Mobile Dim Units: Feet
  • Zoning: AG/RS

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1593.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2021
Closed on
Oct 13, 2021
Sold by
Metzler Mark
Bought by
Grimes John and Ni Shang
Seller's Agent
Karl Schulz
KD Gunther Properties By Friday Realty, LLC
Buyer's Agent
Ryan Jennings
Keller Williams Realty - Welli
List Price
$640,000
Sold Price
$533,333
Premium/Discount to List
-$106,667
-16.67%
Current Estimated Value
$1,071,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,667
Avg. Annual Appreciation
16.96%
Original Mortgage
$465,000
Interest Rate
2.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 2, 2020
Sold by
Jeynson Christopher and Jenson Christopher R
Bought by
Metzler Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.3%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Grimes John $950,000 None Available
Metzler Mark $590,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Grimes John $465,000
Previous Owner Metzler Mark $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2021 10/13/21 Sold $533,333 -16.7% --
09/13/2021 09/13/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $640,000 -- --
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 $5,882 $381,150 -- --
2024 $5,882 $346,500 -- --
2023 $5,640 $316,736 $0 $0
2022 $5,096 $287,942 $0 $0
2021 $4,786 $261,324 $261,324 $0
2020 $763 $29,400 $29,400 $0
2019 $769 $29,400 $29,400 $0
2018 $753 $29,400 $29,400 $0
2017 $755 $29,400 $0 $0
2016 $761 $29,400 $0 $0
2015 $772 $29,400 $0 $0
2014 $778 $29,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10730177

BeachesMLS (Greater Fort Lauderdale)

APN: 00-41-45-01-00-000-3250

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