NOT LISTED FOR SALE

1025 N Palmway Lake Worth, FL 33460

Parrot Cove Neighborhood

Estimated Value: $568,000 - $666,000

2 Beds
2 Baths
1,071 Sq Ft
$585/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $450,000 $420 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,352/month

8 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • 1 Car Detached Garage
  • Private Pool
  • Pool View
  • Fireplace

About This Home

As of September 2021

This sweet Parrot Cove Key West cottage pool home is ready for its new owners. 2 bedrooms, 2 baths, impact windows, original wood floors, fireplace, and a brand new kitchen with soft close Shaker cabinets, new stainless appliances and quartz counter. New A/C 2017, new W/D 2017, new pool equipment 2018, new hot water heater 2020. The outdoor space is the gem here. Crank up some Jimmy Buffet and get the blender going for an afternoon of chill by the pool in this Key West oasis. Covered porch overlooks the pool with lion head fountain detail and raised spa, and the lush back yard. There is an oversized 1-car garage that could easily be converted to a cabana bath and mother-in-law with access from the alleyway. Lake Worth Beach is a small city by the sea and has one of the best

Last Agent to Sell the Property

Bo Allen

Illustrated Properties LLC License #602992 Listed on: 08/19/2021

Illustrated Properties LLC

Co-Listed By

Jon Allen

Illustrated Properties LLC License #3250090

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,910

Year Built

  • Built in 1930

Lot Details

  • 6,750 Sq Ft Lot
  • Fenced
  • Property is zoned SF-R(c

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,071 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Combination Dining and Living Room
  • Pool Views
  • Impact Glass

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 38434421152980100

Community Details

Overview

  • Lake Worth Town Of Subdivision

Recreation

  • Golf Course Community
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,910

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 10th Ave N east to Palmway then north to home
  • Year Built: 1930
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Fireplace, Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1071.0
  • Dining Room Type: Laundry
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Pool
  • Lot Features: < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Detached, Garage, On Street

Utilities

  • 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, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Golf Course Community, Non-Gated
  • Senior Community: No
  • Amenities: Golf Course, Other, Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 38434421152980100
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: SF-R(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8910.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Sep 27, 2021
Sold by
Klein George and Klein Morgan
Bought by
Johnson Christopher Arthur and Murphy Frances Chanler
Seller's Agent
Bo Allen
Illustrated Properties LLC
List Price
$419,900
Sold Price
$450,000
Premium/Discount to List
$30,100
7.17%
Current Estimated Value
$626,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,246
Avg. Annual Appreciation
8.96%
Original Mortgage
$405,000
Outstanding Balance
$373,306
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$252,940

Purchase Details

Listed on
Mar 13, 2017
Closed on
Aug 22, 2017
Sold by
Tanguay Deborah
Bought by
Klein George
Seller's Agent
GARY ALLEN
Illustrated Properties LLC Manalapan
Buyer's Agent
GARY ALLEN
TAURIELLO AND COMPANY REAL ESTATE
List Price
$292,000
Sold Price
$292,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$286,711
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2012
Sold by
Tanguay David
Bought by
Tanguay Deborah

Purchase Details

Closed on
May 8, 2001
Sold by
Michael A Vermeal M and Michael Deborah Vermeal
Bought by
Tanguay David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,400
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1998
Sold by
Laura Mark and Laura Fetters
Bought by
Vermeal Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,050
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 1995
Sold by
Gehring John V and Gehring Catherine
Bought by
Fetters Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,438
Interest Rate
8.35%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Johnson Christopher Arthur $450,000 Trident Title
Klein George $292,000 Progressive Title Solutions
Tanguay Deborah -- Attorney
Tanguay David $156,300 --
Vermeal Michael A $119,000 --
Fetters Mark $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Christopher Arthur $150,000
Open Johnson Christopher Arthur $405,000
Previous Owner Klein George $286,711
Previous Owner Tanguay David $232,000
Previous Owner Vermeal Michael A $148,400
Previous Owner Vermeal Michael A $113,050
Previous Owner Fetters Mark $74,438
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $450,000 +7.2% $420 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $419,900 +43.8% $392 / Sq Ft
08/22/2017 08/22/17 Sold $292,000 0.0% $273 / Sq Ft
07/23/2017 07/23/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $292,000 -- $273 / 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 $10,725 $449,530 -- --
2023 $9,929 $408,664 $0 $0
2022 $8,931 $371,513 $0 $0
2021 $8,819 $259,457 $0 $0
2020 $8,910 $255,875 $0 $0
2019 $5,423 $250,122 $0 $0
2018 $5,194 $245,458 $90,699 $154,759
2017 $3,214 $160,172 $0 $0
2016 $3,114 $156,878 $0 $0
2015 $3,164 $155,787 $0 $0
2014 -- $154,551 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bo Allen

    Seller's Agent in 2021

    Bo Allen

    Illustrated Properties LLC

    (561) 329-9997

    29 in this area

    155 Total Sales

    Section Image
  • Jon Allen

    Seller Co-Listing Agent in 2021

    Jon Allen

    Illustrated Properties LLC

    (561) 312-8713

    12 in this area

    84 Total Sales

    Section Image

  • G

    Seller's Agent in 2017

    GARY ALLEN

    Illustrated Properties LLC Manalapan

  • E

    Seller Co-Listing Agent in 2017

    ERIN ALLEN

    Illustrated Properties LLC Manalapan

See All Agents

Map

Source: BeachesMLS

MLS Number: R10739562

BeachesMLS

APN: 38-43-44-21-15-298-0100

Florida Palm Beach County Lake Worth 33460 Parrot Cove

1025 N Palmway, Lake Worth, FL

This home is located at 1025 N Palmway, Lake Worth, FL 33460 since 19 August 2021 and is currently estimated at $626,246, approximately $584 per square foot. This property was built in 1930. 1025 N Palmway is a home located in Palm Beach County with nearby schools including Lake Worth High School, North Grade Elementary School, and Lake Worth Community Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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