NOT LISTED FOR SALE

1605 S Palmway Lake Worth, FL 33460

South Palm Park Neighborhood

Estimated Value: $584,000 - $705,000

3 Beds
2 Baths
1,340 Sq Ft
$477/Sq Ft Est. Value

Last Sold January 16, 2024

Last sale price $600,000 $448 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,314/month

33 Days on Market

Highlights

  • In Ground Pool
  • Sun or Florida Room
  • No HOA
  • Garden View
  • Furnished
  • Complete Panel Shutters or Awnings

About This Home

As of January 2024

Welcome to the home you deserve! South Palmway House is a fully furnished east facing 3/2.5 in the unrestricted, non-HOA historic neighborhood of South Palm Park in Lake Worth Beach. With intracoastal breezes and one of the most beautiful, walkable, and friendly streets you’ll find on coastal Palm Beach County, this lovingly designed and articular property is priced to sell to the next lucky homeowner. The interior was fully renovated with marble countertops and fixtures in 2014, with the pool and backyard custom built in 2017. New A/C installed with fresh attic insulation in 2019, while the flat roof over the Florida Room was re-sealed in 2023. This home is impeccably clean and maintained by a single owner for ten years. Furnishings including mounted televisions and décor is negotiable.

Last Agent to Sell the Property

Tom Copeland

Camlet Copeland Realty License #0482476 Listed on: 12/13/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,511

Year Built

  • Built in 1964

Lot Details

  • 7,501 Sq Ft Lot
  • East Facing Home
  • Fenced

Home Design

  • Concrete Roof

Interior Spaces

  • 1,340 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Awning
  • Double Hung Metal Windows
  • Blinds
  • Sun or Florida Room
  • Garden Views

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Complete Panel Shutters or Awnings
  • Complete Storm Protection
  • High Impact Door

Parking

  • Driveway
  • Open Parking

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Voluntary home owners association
  • Lake Worth Town Of Add 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434427010900080

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,511

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: 6th Ave South to S Palmway, turn south to 1605 on the right.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: LAKE WORTH TOWN OF ADD 1
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Split Bedroom, Florida Room, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Other
  • Furnished: Furnished
  • Living Area: 1340
  • Possible Use: Investment
  • Window Features: Complete Other Protection, Complete Panel Shutters/Awnings, Blinds, Double Hung Metal
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bath Shower, Primary Bedroom Ground Level
  • Living Room Features: Florida Room, Utility Room/Laundry

Exterior Features

  • Roof: Concrete
  • View: Garden
  • Exterior Features: Barbeque, Lighting, Fruit Trees
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Awning(s)
  • Pool Features: In Ground, Gunite
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKE WORTH TOWN OF ADD 1
  • Open Parking: Yes
  • Parking Features: Driveway, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None, Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 38434427010900080
  • Lot Size Sq Ft: 7501
  • Zoning: residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
Jan 16, 2024
Sold by
Copeland Thomas M
Bought by
Naman Melissa and Naman Matthew J
Seller's Agent
Tom Copeland
Camlet Copeland Realty
List Price
$598,500
Sold Price
$600,000
Premium/Discount to List
$1,500
0.25%
Views
38
Current Estimated Value
$638,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,837
Avg. Annual Appreciation
3.74%
Original Mortgage
$450,000
Outstanding Balance
$442,243
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$196,594

Purchase Details

Closed on
Mar 25, 2020
Sold by
Willock Traci L
Bought by
Copeland Thomas M

Purchase Details

Listed on
Apr 23, 2014
Closed on
Jun 24, 2014
Sold by
South Palmway Holdings Llc
Bought by
Copeland Thomas M
Seller's Agent
John McCann
Boca Valley Realty Inc
Buyer's Agent
Tracie Copeland
Copeland & Co. Real Estate
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$237,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2009
Sold by
Cela Gilbert P and Cela Ginette
Bought by
Cela Marc A

Purchase Details

Closed on
Apr 9, 2009
Sold by
Cela Gilbert P and Cela Marc A
Bought by
Cela Gilbert P

Purchase Details

Closed on
May 13, 1996
Sold by
Mortimer Marion Rose
Bought by
Cela Gilbert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.67%
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
Naman Melissa $600,000 South Florida Title Insurers
Naman Melissa $600,000 South Florida Title Insurers
Copeland Thomas M -- Attorney
Copeland Thomas M $250,000 Guaranty Title & Abstract Ll
Cela Marc A -- None Available
Cela Gilbert P -- None Available
Cela Gilbert P $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naman Melissa $450,000
Closed Naman Melissa $450,000
Previous Owner Copeland Thomas M $237,500
Previous Owner Cela Gilbert P $75,000
Previous Owner Cela Gilbert P $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2024 01/16/24 Sold $600,000 +0.3% $448 / Sq Ft
12/13/2023 12/13/23 For Sale $598,500 0.0% $447 / Sq Ft
09/05/2023 09/05/23 Rented $10,000 +66.7% --
03/23/2023 03/23/23 Price Changed $6,000 -7.7% $4 / Sq Ft
02/28/2023 02/28/23 For Rent $6,500 0.0% --
06/24/2014 06/24/14 Sold $250,000 0.0% $187 / Sq Ft View Prior Sale
05/25/2014 05/25/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $249,900 -- $186 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $10,955 $468,623 -- --
2023 $10,511 $442,027 $0 $0
2022 $9,619 $401,843 $0 $0
2021 $4,813 $226,990 $0 $0
2020 $4,768 $223,856 $0 $0
2019 $4,679 $218,823 $0 $0
2018 $3,955 $192,172 $0 $0
2017 $3,863 $188,219 $0 $0
2016 $3,742 $184,348 $0 $0
2015 $3,805 $183,067 $0 $0
2014 $3,700 $126,957 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Copeland

    Seller's Agent in 2024

    Tom Copeland

    Camlet Copeland Realty

    (561) 352-4500

    1 in this area

    3 Total Sales

    Tom Copeland
    Section Image

  • J

    Seller's Agent in 2014

    John McCann

    Boca Valley Realty Inc

    (561) 703-3620

    22 Total Sales

    John McCann
    Section Image
  • Tracie Copeland

    Buyer's Agent in 2014

    Tracie Copeland

    Copeland & Co. Real Estate

    (561) 500-5478

    1 in this area

    10 Total Sales

    Tracie Copeland
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11498798

MIAMI REALTORS® MLS

APN: 38-43-44-27-01-090-0080

Florida Palm Beach County Lake Worth 33460 South Palm Park

1605 S Palmway, Lake Worth, FL

This home is located at 1605 S Palmway, Lake Worth, FL 33460 since 13 December 2023 and is currently estimated at $638,837, approximately $476 per square foot. This property was built in 1964. 1605 S Palmway is a home located in Palm Beach County with nearby schools including Barton Elementary School, Lake Worth High School, and Lantana 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.

MIAMI REALTORS® MLS 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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