$90,000
SOLD SEP 3, 2020

1575 Magnolia Dr West Palm Beach, FL 33417

0.23 Acre
$391,304 Price per Acre
10,149 Sq Ft Lot

Recently Sold

$64 Per Sq Ft

36% Below List Price

11 Days on Market

About This Lot

As of August 2021

This is an oversized lot that zoned RM for single family or medium density multi-family. New home construction in neighborhood already happening! Existing mobile home on property now. Septic and utilities existing. Quiet, dead end road. Please do not disturb tenants. LA must accompany.

Last Agent to Sell the Property

Kelly Schmidt

Illustrated Properties License #619810 Listed on: 07/23/2020

Illustrated Properties

Last Buyer's Agent

Madeline Mendoza

Highlight Realty Corp/LW License #3319406

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,118

Lot Details

  • 10,149 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned RM

Location

  • City Lot

Community Details

  • Plantation Village Unrec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424326040070030

Property Details

Property Type

Land

Est. Annual Taxes

$1,118

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: OKEECHOBEE TO BREEZY LANE S. TO WHITEHALL E TO MAGNOLIA S. PROPERTY ON YOUR LEFT.
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: City Lot, < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Parcel #: 00424326040070030
  • Development Status: Site Plan Filed
  • Lot Size Sq Ft: 10149.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1118.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 28, 2021
Sold by
Rea Litta
Bought by
Romero Eduardo R
Seller's Agent
Madeline Mendoza
Highlight Realty Corp/LW
Buyer's Agent
Patricio San Lucas
Home Partnership Group, LLC
List Price
$380,000
Sold Price
$380,000
Current Estimated Value
$512,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,080
Avg. Annual Appreciation
6.46%
Original Mortgage
$358,388
Outstanding Balance
$329,381
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$162,661

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 2, 2020
Sold by
Perry Kelly
Bought by
Rea Litta
Seller's Agent
Kelly Schmidt
Illustrated Properties
Buyer's Agent
Madeline Mendoza
Highlight Realty Corp/LW
List Price
$140,000
Sold Price
$90,000
Premium/Discount to List
-$50,000
-35.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
362.88%

Purchase Details

Closed on
Sep 12, 2013
Sold by
Perry Kelly Crosby
Bought by
Perry Kelly and Kelly Perry Revocable Trust

Purchase Details

Closed on
Mar 2, 2011
Sold by
Ripton Patrick A
Bought by
Perry Kelly Crosby
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 Type Sale Price Title Company
Warranty Deed $380,000 North American Title Company
Warranty Deed $90,000 Secure Land T&E Svcs Inc
Interfamily Deed Transfer -- Attorney
Personal Reps Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $358,388 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2021 08/11/21 Sold $380,000 0.0% $270 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $380,000 +322.2% $270 / Sq Ft
09/03/2020 09/03/20 Sold $90,000 -35.7% $64 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $140,000 -- $100 / 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 $5,605 $351,641 -- --
2023 $5,465 $341,399 $0 $0
2022 $5,418 $331,455 $0 $0
2021 $1,302 $47,920 $46,410 $1,510
2020 $1,135 $47,998 $46,410 $1,588
2019 $1,119 $48,277 $46,410 $1,867
2018 $962 $38,168 $36,932 $1,236
2017 $916 $40,112 $38,876 $1,236
2016 $783 $22,147 $0 $0
2015 $750 $20,134 $0 $0
2014 $749 $19,388 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Madeline Mendoza

    Highlight Realty Corp/LW

    (786) 728-7530

    23 Total Sales

    Madeline Mendoza
    Section Image

  • P

    Buyer's Agent in 2021

    Patricio San Lucas

    Home Partnership Group, LLC

    (772) 413-0596

    87 Total Sales

    Patricio San Lucas
    Section Image
  • Kelly Schmidt

    Seller's Agent in 2020

    Kelly Schmidt

    Illustrated Properties

    (561) 906-0336

    50 Total Sales

    Kelly Schmidt
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10641129

BeachesMLS

APN: 00-42-43-26-04-007-0030

Florida Palm Beach County West Palm Beach 33417

1575 Magnolia Dr, West Palm Beach, FL

This home is located at 1575 Magnolia Dr, West Palm Beach, FL 33417 and is currently priced at $90,000, approximately $64 per square foot. 1575 Magnolia Dr is a home located in Palm Beach County with nearby schools including Wynnebrook Elementary School, Jeaga 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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