NOT LISTED FOR SALE

12518 88th Place N West Palm Beach, FL 33412

Estimated Value: $604,000 - $759,000

4 Beds
3 Baths
1,768 Sq Ft
$383/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $320,000 $181 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,947/month

51 Days on Market

Highlights

  • RV Access or Parking
  • Canal Access
  • Deck
  • Pierce Hammock Elementary School Rated A-
  • Canal View
  • 3-minute walk to Coconut Park

About This Home

As of August 2018

*Beautifully Renovated* 4 bedroom, 3 bath home situated on a 1.54 acre corner lot in rural West Palm Beach. Detached 2 car garage offers 420 square feet of covered parking or storage area. Kitchen features new cabinetry, quartz countertops and stainless steel appliances. Spacious floor plan adorned with vaulted ceilings and new flooring throughout. Master bedroom and living room open out to a fully screened patio with new deck. Garage conversion offers a second master suite. Custom built-in closets in all rooms. Freshly painted interior and exterior. New faux woods blinds throughout. Upgraded bathrooms. New well pump. Conveniently located off Coconut Blvd and only blocks from Northlake Blvd.

Last Agent to Sell the Property

Nydia Pino

Realty ONE Group Innovation License #684915 Listed on: 05/25/2018

Realty ONE Group Innovation

Last Buyer's Agent

ZAK ROCKWELL

LPT Realty, LLC License #3385566

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,297

Year Built

  • Built in 1993

Lot Details

  • 1.54 Acre Lot
  • Fenced
  • Property is zoned AR

Parking

  • 2 Car Detached Garage
  • Circular Driveway
  • RV Access or Parking

Property Views

  • Canal
  • Garden

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Canal Access
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • Acreage Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00414222000003410

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,297

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: NORTHLAKE BLVD TO COCONUT BLVD. SOUTH ON COCONUT BLVD. PROPERTY LOCATED ON SW CORNER OF 88TH PL N AND COCONUTBLVD.
  • Year Built: 1993
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Closet Cabinetry, Eat-in Kitchen, French Door(s)/Atrium Door(s), Living/Dining Room, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1768.0
  • Dining Room Type: Family Room, Great Room, Laundry
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Deck, Fence, Patio
  • View: Canal, Garden
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Detached, Garage, RV Access/Parking

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Lot Info

  • Parcel #: 00414222000003410
  • Lot Size Sq Ft: 67082.0
  • Zoning Description: AR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4297.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Velosa Alvaro and Velosa Ana Maria
Bought by
Alvaro Velosa And Ana Maria Velosa Revocable and Velosa
Current Estimated Value
$677,402

Purchase Details

Listed on
May 25, 2018
Closed on
Aug 15, 2018
Sold by
Brightlite Homes Llc
Bought by
Velosa Alvaro
Seller's Agent
Nydia Pino
Realty ONE Group Innovation
Buyer's Agent
ZAK ROCKWELL
LPT Realty, LLC
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$256,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2017
Closed on
Mar 16, 2018
Sold by
Dominiguez Ernesto
Bought by
Brightine Homes Llc
Seller's Agent
Tayana Campos
London Foster Realty
Buyer's Agent
Tayana Campos
London Foster Realty
List Price
$310,000
Sold Price
$246,500
Premium/Discount to List
-$63,500
-20.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.14%

Purchase Details

Closed on
Mar 21, 2001
Sold by
Ernesto Dominguez M and Ernesto Lisa Dominguez
Bought by
Dominguez Lisa L

Purchase Details

Closed on
Dec 7, 2000
Sold by
Marasigan Socorro S and Marasigan Nestor D
Bought by
Dominguez Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,120
Interest Rate
7.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 1997
Sold by
Servigna Guillermo A and Servigna Ilse M
Bought by
Marasigan Socorro S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 1994
Sold by
Hand Larstin
Bought by
Servigna Guillermo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.28%
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
Alvaro Velosa And Ana Maria Velosa Revocable -- None Listed On Document
Velosa Alvaro $320,000 Florida Fidelity Title & Esc
Brightine Homes Llc $246,500 Attorney
Dominguez Lisa L $15,000 --
Dominguez Lisa $128,900 --
Marasigan Socorro S $120,000 --
Servigna Guillermo A $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velosa Alvaro $256,000
Previous Owner Marasigan Socorro S $111,120
Previous Owner Marasigan Socorro S $108,000
Previous Owner Servigna Guillermo A $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2018 08/15/18 Sold $320,000 -2.7% $181 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $329,000 +33.5% $186 / Sq Ft
03/16/2018 03/16/18 Sold $246,500 0.0% $139 / Sq Ft
12/26/2017 12/26/17 Pending -- -- --
12/18/2017 12/18/17 Off Market $246,500 -- --
09/27/2017 09/27/17 Price Changed $280,000 -6.7% $158 / Sq Ft
08/28/2017 08/28/17 Price Changed $300,000 -3.2% $170 / Sq Ft
08/24/2017 08/24/17 For Sale $310,000 -- $175 / 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 $4,277 $178,622 -- --
2023 $4,196 $173,419 $0 $0
2022 $3,924 $168,368 $0 $0
2021 $3,623 $163,464 $0 $0
2020 $3,521 $161,207 $0 $0
2019 $3,487 $157,583 $0 $0
2018 $4,688 $228,332 $70,068 $158,264
2017 $4,297 $216,677 $62,561 $154,116
2016 $4,113 $141,275 $0 $0
2015 $3,908 $128,432 $0 $0
2014 $3,582 $116,756 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10434564

BeachesMLS

APN: 00-41-42-22-00-000-3410