NOT LISTED FOR SALE

118 Monterey Way West Palm Beach, FL 33411

Estimated Value: $529,926 - $588,000

3 Beds
2 Baths
1,739 Sq Ft
$328/Sq Ft Est. Value

Last Sold January 08, 2020

Last sale price $305,000 $175 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,564/month

61 Days on Market

Highlights

  • Lake Front
  • Vaulted Ceiling
  • Community Pool
  • Royal Palm Beach Elementary School Rated A-
  • Roman Tub
  • Tennis Courts

About This Home

As of January 2020

Beautiful lakefront home that's move in ready! Vaulted ceilings, split floor plan and a screened in patio overlooking the large backyard and lake. Tile throughout the living area and plantation shutters. Open kitchen with a bar, 42 inch cabinets, stainless steel refrigerator and view of lake from the kitchen. Over sized spacious master bedroom with a large walk in closet, roman tub, walk in shower and duel sinks. A/C was just installed in 2016, new paint and landscaping. Large 2 car garage, washer and dryer inside the home. Panel hurricane shutters, CBS construction. A very well kept recreational center which includes basketball, tennis, resort style pool and a playground with a low HOA.

Last Agent to Sell the Property

Shannon Brink

RE/MAX Prestige Realty License #SL3142337 Listed on: 10/08/2019

RE/MAX Prestige Realty

Last Buyer's Agent

Shannon Brink

RE/MAX Prestige Realty License #SL3142337 Listed on: 10/08/2019

RE/MAX Prestige Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,614

Year Built

  • Built in 2000

Lot Details

  • 10,831 Sq Ft Lot
  • Lake Front
  • North Facing Home
  • Sprinkler System
  • Property is zoned PUD(ci

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,739 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Plantation Shutters
  • Formal Dining Room
  • Lake Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 72414315030002180

Community Details

Overview

  • Association fees include common areas, cable TV
  • Saratoga At Royal Palm 2 Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,614

Year Built

Built in 2000

Lot Details

0

HOA Fees

$105 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Saratoga to Monterey
  • Year Built: 2000
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Garden Tub/Roman Tub, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1739.0
  • Stories: 1
  • Window Features: Plantation Shutters

Exterior Features

  • Exterior Features: Patio
  • View: Lake
  • Lot Features: Sprinkler System, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 105.0
  • Community Features: Park, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV

Lot Info

  • Parcel #: 72414315030002180
  • Lot Size Sq Ft: 10831.0
  • Zoning Description: PUD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5614.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Jan 6, 2020
Sold by
Gomez Marissa and Gomez Nicholas
Bought by
Salamone John A
Seller's Agent
Shannon Brink
RE/MAX Prestige Realty
Buyer's Agent
Shannon Brink
RE/MAX Prestige Realty
List Price
$349,900
Sold Price
$305,000
Premium/Discount to List
-$44,900
-12.83%
Current Estimated Value
$570,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,982
Avg. Annual Appreciation
10.20%
Original Mortgage
$289,750
Outstanding Balance
$259,267
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$272,973

Purchase Details

Closed on
Nov 27, 2006
Sold by
Mooney Daniel J and Mooney Debra J
Bought by
Gomez Rene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,600
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2000
Sold by
Royal Professional Bldrs Inc
Bought by
Mooney Daniel J and Mooney Debra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,200
Interest Rate
8.14%
Mortgage Type
New Conventional
Source: Public Records

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
Salamone John A $305,000 The Closing Source Inc
Gomez Rene A $345,000 Universal Land Title Inc
Mooney Daniel J $152,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salamone John A $289,750
Previous Owner Gomez Rene A $151,600
Previous Owner Mooney Daniel J $145,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2020 01/08/20 Sold $305,000 -12.8% $175 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $349,900 -- $201 / 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 $5,189 $315,836 -- --
2023 $5,056 $306,637 $0 $0
2022 $4,993 $297,706 $0 $0
2021 $4,961 $289,035 $97,725 $191,310
2020 $5,820 $290,206 $107,000 $183,206
2019 $5,614 $276,440 $100,000 $176,440
2018 $2,706 $173,724 $0 $0
2017 $2,675 $170,151 $0 $0
2016 $2,668 $166,651 $0 $0
2015 $2,727 $165,493 $0 $0
2014 $2,731 $164,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shannon Brink

    Seller's Agent in 2020

    Shannon Brink

    RE/MAX

    (561) 315-0545

    21 Total Sales

    Shannon Brink
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Map

Source: BeachesMLS

MLS Number: R10568017

BeachesMLS

APN: 72-41-43-15-03-000-2180

Florida Palm Beach County West Palm Beach 33411

118 Monterey Way, West Palm Beach, FL

This home is located at 118 Monterey Way, West Palm Beach, FL 33411 since 08 October 2019 and is currently estimated at $570,982, approximately $328 per square foot. This property was built in 2000. 118 Monterey Way is a home located in Palm Beach County with nearby schools including Royal Palm Beach Elementary School, Crestwood Community Middle School, and Royal Palm Beach High 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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