$850,000
SOLD OCT 14, 2022
3 Beds
3 Baths
1,565 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$543 Per Sq Ft

3% Below List Price

39 Days on Market

Highlights

  • Heated Pool
  • Garden View
  • Attached Garage
  • Wood Flooring
  • Great Room
  • Eat-In Kitchen

About This Home

As of April 2025

Welcome to South Palm Park, one of several Historic Districts in Lake Worth Beach. This waterfront community is nestled along the Intracoastal Waterway and is well-known for its beautifully landscaped, tree-lined median. Built in 1949, this CBS home has undergone a top to bottom transformation with no detail overlooked. With large impact windows on every side, all rooms stream bright, natural light. The open-concept kitchen has stainless steel appliances featuring a gas range, new dishwasher, new microwave, and newer fridge, an L-shaped granite counter that opens into the dining area, ample white cabinetry,, slate floors. and views of the pool. The living/dining areas have custom built-ins and pendant lighting. The three spacious bedrooms have wood flooring and generous closet space.

Last Agent to Sell the Property

Susan B

Illustrated Properties LLC License #3068000 Listed on: 08/19/2022

Illustrated Properties LLC

Co-Listed By

Greg Richter

Illustrated Properties LLC License #3456793

Last Buyer's Agent

Laurie Reader

Keller Williams Dedicated Prof License #0652792

Keller Williams Dedicated Prof

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,547

Year Built

  • Built in 1949

Lot Details

  • 7,500 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned SF-R(c

Property Views

  • Garden
  • Pool

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,565 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Heated Pool
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 38434427010400110

Community Details

Overview

  • South Palm Park Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,547

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I95 to 6th Avenue South. Go East. Cross over Dixie Hwy. and Federal Hwy. Turn right on S Palmway to property on right.
  • Year Built: 1949
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dual Sinks, Eat-in Kitchen, Living/Dining Room, Split Bedrooms, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Slate, Wood
  • Living Area: 1565.0
  • Dining Room Type: Great Room, Laundry
  • Stories: 1
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Fence, Shed
  • View: Garden, Pool
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: No
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Security: Security System, Closed Circuit Camera(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Park
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 38434427010400110
  • Lot Size Sq Ft: 7500.0
  • Zoning Description: SF-R(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5547.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
Apr 11, 2025
Sold by
Hayes Jason and Hayes Susan
Bought by
Petrosso Kimberly Anne and Petrosso Joseph Paul
Seller's Agent
David Cooke
Douglas Elliman
Buyer's Agent
David Cooke
Douglas Elliman
List Price
$880,000
Sold Price
$880,000
Views
5
Current Estimated Value
$864,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,325
Avg. Annual Appreciation
-8.45%
Original Mortgage
$616,000
Outstanding Balance
$614,911
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$244,366

Purchase Details

Listed on
Aug 19, 2022
Closed on
Oct 14, 2022
Sold by
Devito Vincent J
Bought by
Hayes Jason and Hayes Susan
Seller's Agent
Susan B
Illustrated Properties LLC
Buyer's Agent
Laurie Reader
Keller Williams Dedicated Prof
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.40%

Purchase Details

Closed on
Oct 7, 2005
Sold by
Gerardi Anthony and Gerardi Esther
Bought by
Devito Vincent J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 6, 1995
Sold by
Larry Flikas and Larry Lois Flikas
Bought by
Gerardi Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,750
Interest Rate
9.18%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $880,000 Partners Land Services Llc
Warranty Deed $850,000 Home Partners Title Services
Warranty Deed $350,000 Universal Land Title Inc
Warranty Deed $77,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $616,000 New Conventional
Previous Owner $330,000 Credit Line Revolving
Previous Owner $250,000 Fannie Mae Freddie Mac
Previous Owner $174,000 Balloon
Previous Owner $57,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $880,000 0.0% $562 / Sq Ft
03/06/2025 03/06/25 For Sale $880,000 +3.5% $562 / Sq Ft
10/14/2022 10/14/22 Sold $850,000 -2.9% $543 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $875,000 0.0% $559 / Sq Ft
01/29/2021 01/29/21 For Rent $3,000 +3.4% --
01/29/2021 01/29/21 Rented $2,900 +11.5% --
12/21/2017 12/21/17 Rented $2,600 -5.5% --
11/21/2017 11/21/17 Under Contract -- -- --
08/09/2017 08/09/17 For Rent $2,750 +10.0% --
08/21/2015 08/21/15 Rented -- -- --
07/22/2015 07/22/15 Under Contract -- -- --
07/15/2015 07/15/15 For Rent $2,500 -- --
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 $12,282 $528,627 -- --
2023 $15,890 $689,823 $270,500 $419,323
2022 $5,571 $266,129 $0 $0
2021 $5,547 $258,378 $0 $0
2020 $5,497 $254,811 $0 $0
2019 $5,398 $249,082 $0 $0
2018 $5,170 $244,438 $0 $0
2017 $5,048 $239,410 $97,985 $141,425
2016 $5,783 $228,994 $0 $0
2015 $5,484 $208,176 $0 $0
2014 $5,098 $189,251 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10826046

BeachesMLS

APN: 38-43-44-27-01-040-0110