NOT LISTED FOR SALE

1600 Magnolia Ln West Palm Beach, FL 33417

Estimated Value: $454,119 - $516,000

4 Beds
2 Baths
1,599 Sq Ft
$302/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $205,000 $128 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,805/month

25 Days on Market

Highlights

  • Garden View
  • Breakfast Area or Nook
  • Closet Cabinetry
  • Corner Lot
  • Skylights
  • Patio

About This Home

As of September 2016

Totally renovated split 4 bedroom, 2 bath single family home in Plantation Village in West Palm Beach. Total construction of 1,671 SqFt open floor plan sits on a 10,018 SqFt cornet lot.The open gourmet kitchen features newer SS appliances, Corian counters, cook island, pantry and lots of cabinets and counter space, plus LED lighting. Great space for entertaining!! Spacious master suite offers his and hers walk-in closets, LED recessed lighting, new carpet, immaculate master bathroom. The back of the house opens to a covered screened in patio. Additional features include; AC replaced in 2015 with a 3 ton, 14.5 seer Rheem system. The roof was replaced 9 yrs ago. 18'' x 18'' ceramic tile throughout living areas. Separate laundry room. Ceiling fans throughout. LED lighting around the home.

Last Agent to Sell the Property

Anthony Perez

Coldwell Banker Realty /Delray Beach License #3308058 Listed on: 07/22/2016

Coldwell Banker Realty /Delray Beach

Last Buyer's Agent

Razvan Anghel

The Everglades Real Estate Gro License #3353229

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,025

Year Built

  • Built in 1954

Lot Details

  • 10,015 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Sprinkler System
  • Property is zoned RM

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,599 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Blinds
  • Family Room
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Over 1 Space Per Unit
  • Driveway

Outdoor Features

  • Patio
  • Shed

Utilities

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

Community Details

  • Plantation Village Unrec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424326040080120

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,025

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Okeechobee Blvd. 1/2 mile east of the Fl. Turnpike to Breezy Lane, turn right onto Whitehall Lane, turn left onto Magnolia, home is on your left. 1600 Magnolia Lane
  • Year Built: 1954
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Closet Cabinetry, Eat-in Kitchen, Pantry, Split Bedrooms, Skylights, 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: 4
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1599.0
  • Dining Room Type: Family Room, Laundry, Storage Room
  • Stories: 1
  • Window Features: Blinds, Skylight(s)

Exterior Features

  • Exterior Features: Fence, Patio, Shed
  • View: Garden
  • Lot Features: Corner Lot, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00424326040080120
  • Lot Size Sq Ft: 10015.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1025.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Sep 16, 2016
Sold by
Dejesus Michael and Dedejesus Gabrielle De
Bought by
West Jerry Salter
Seller's Agent
Anthony Perez
Coldwell Banker Realty /Delray Beach
Buyer's Agent
Razvan Anghel
The Everglades Real Estate Gro
List Price
$225,000
Sold Price
$205,000
Premium/Discount to List
-$20,000
-8.89%
Current Estimated Value
$482,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,530
Avg. Annual Appreciation
9.49%
Original Mortgage
$187,728
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2012
Sold by
Perez Todd A and Perez Dana
Bought by
Dejesus Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,826
Interest Rate
3.76%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2007
Sold by
Nevin Kit H and Nevin Pamela L
Bought by
Perez Todd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2004
Sold by
Cannon Velva
Bought by
Nevin Kit H

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
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 1999
Sold by
Bauer Lawrence
Bought by
Cannon Velva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,468
Interest Rate
7.27%
Mortgage Type
FHA
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
West Jerry Salter $205,000 A Z Team Title Llc
Dejesus Michael $120,000 Universal Land Title Llc
Perez Todd A $130,000 Attorney
Nevin Kit H $135,000 Flagler Title Company
Cannon Velva $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Jerry Salter $187,728
Previous Owner Dejesus Michael $117,826
Previous Owner Perez Todd A $130,000
Previous Owner Nevin Kit H $108,000
Previous Owner Cannon Velva $64,468
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $205,000 -8.9% $128 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $225,000 -- $141 / 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 $2,967 $189,542 -- --
2023 $2,881 $184,021 $0 $0
2022 $2,845 $178,661 $0 $0
2021 $2,796 $173,457 $0 $0
2020 $2,765 $171,062 $0 $0
2019 $2,729 $167,216 $0 $0
2018 $2,562 $164,098 $44,161 $119,937
2017 $3,219 $161,640 $46,484 $115,156
2016 $1,006 $74,081 $0 $0
2015 $1,025 $73,566 $0 $0
2014 $1,031 $72,982 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10252996

BeachesMLS

APN: 00-42-43-26-04-008-0120