NOT LISTED FOR SALE

1958 Richard Ln West Palm Beach, FL 33406

Forest Hill Neighborhood

Estimated Value: $1,382,000 - $1,534,000

5 Beds
3.5 Baths
4,839 Sq Ft
$297/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $395,000 $82 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $8,566/month

292 Days on Market

Highlights

  • Home Theater
  • Canal View
  • Roman Tub
  • Canal Access
  • Vaulted Ceiling
  • Marble Flooring

About This Home

As of March 2012

NESTLED AWAY IN SUBURBAN WEST PALM BEACH IS A QUAINT LITTLE DEVELOPMENT OF 60 HOMES SURROUNDING 3 LAKES CALLED ALBERT LAKE GARDENS, THIS 5BR, 3 1/2 BA CUSTOM DESIGNED / CUSTOM BUILT HOME IS ONE OF THE AREA'S FINEST. (BEDROOMS 4 & 5 ARE 15 X 12 OFFICE & 13 X 12 SEWING ROOM W/NO CLOSETS) BEDROOMS 1 & 2 ARE 24 X 24 MATCHING MASTER BEDROOMS W/ADDITIONAL 24 X 11 MASTER BATH & CLOSET AREAS. NORTH MASTER BEDROOM HAS COZY WRAP AROUND COVERED BALCONY / PORCH FOR VIEW OF EVENING SUNSETS. ENTER THIS STUNNING HOME THROUGH A 2 STORY GLASS FRONT W/DOUBLE BEVELED GLASS DOORS LEADING INTO A MARBLE FLOORED FOYER. THE 31 X 16 LIVING ROOM IS BACKED BY A 16 FOOT GLASS WALL W/AN 8 FOOT SLIDING GLASS DOOR THAT OVERLOOKS MORE THAN AN ACRE OF PREFESSIONALLY INSTALLED & MAINTA... (see supplement for full remarks)

Last Agent to Sell the Property

Paul McClung

Inactive Member License #643278 Listed on: 05/12/2011

Last Buyer's Agent

Frances Bocksch

Atlantic Florida Properties Inc License #3103046

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,637

Year Built

  • Built in 1985

Lot Details

  • Cul-De-Sac
  • Sprinkler System
  • Property is zoned Rm

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Canal
  • Garden

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,839 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Canal Access
  • Patio

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include common areas, insurance
  • Albert Lakes Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70434407070010132

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,637

Year Built

Built in 1985

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: FOREST HILL BLVD BTWN DAVIS ROAD & MILITARY TO RICHARD LANE @ END OF STR
  • Year Built: 1985
  • Special Features: 12

Interior Features

  • Interior Amenities: Wet Bar, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Garden Tub/Roman Tub, Pantry, Split Bedrooms, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile, Marble
  • Living Area: 4839.0
  • Dining Room Type: Den, Family Room, Media Room
  • Stories: 2
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Patio
  • View: Canal, Garden
  • Lot Features: Cul-De-Sac, Sprinklers Automatic, Sprinkler System
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: No
  • Patio And Porch Features: Patio
  • Roof: Composition, Other, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 25.0
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Other

Lot Info

  • Parcel #: 70434407070010132
  • Zoning Description: Rm

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 8637.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2011
Closed on
Mar 30, 2012
Sold by
Ball Doris Foster
Bought by
Acosta Alejandro
Seller's Agent
Paul McClung
Inactive Member
Buyer's Agent
Frances Bocksch
Atlantic Florida Properties Inc
List Price
$335,000
Sold Price
$395,000
Premium/Discount to List
$60,000
17.91%
Current Estimated Value
$1,438,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,043,523
Avg. Annual Appreciation
10.11%
Original Mortgage
$316,000
Outstanding Balance
$219,453
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,219,070

Purchase Details

Closed on
Mar 26, 2007
Sold by
Ball William S and Ball Doris Foster
Bought by
Ball William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2007
Sold by
Ball William S and Trust Of William S Ball
Bought by
Trust Of William S Ball

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2007
Sold by
Ball William S and William S Ball Trust
Bought by
Ball William S

Purchase Details

Closed on
Aug 3, 2006
Sold by
Ball William S and Ball Doris Foster
Bought by
Ball William S

Purchase Details

Closed on
Jan 23, 1998
Sold by
Halliday Barbara O and Halliday Nicholas E
Bought by
Ball William S

Purchase Details

Closed on
May 17, 1994
Sold by
Liddle Paul
Bought by
Ball William S
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
Acosta Alejandro $395,000 Trident Title Llc
Ball William S $199,000 Fidelity Natl Title Ins Co
Trust Of William S Ball -- Attorney
Ball William S -- Attorney
Ball William S -- Attorney
Ball William S $100 --
Ball William S $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acosta Alejandro $316,000
Previous Owner Ball William S $397,500
Previous Owner Ball William S $450,000
Previous Owner Ball William S $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $395,000 +17.9% $82 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
05/12/2011 05/12/11 For Sale $335,000 -- $69 / 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 $8,432 $446,807 -- --
2023 $8,241 $433,793 $0 $0
2022 $8,127 $421,158 $0 $0
2021 $8,036 $408,891 $0 $0
2020 $7,982 $403,246 $0 $0
2019 $7,882 $394,180 $0 $0
2018 $7,530 $386,830 $0 $0
2017 $7,520 $378,874 $0 $0
2016 $7,620 $371,081 $0 $0
2015 $7,424 $354,088 $0 $0
2014 $7,456 $351,278 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Paul McClung

    Inactive Member

  • F

    Buyer's Agent in 2012

    Frances Bocksch

    Atlantic Florida Properties Inc

See All Agents

Map

Source: BeachesMLS

MLS Number: R3196729

BeachesMLS

APN: 70-43-44-07-07-001-0132

Florida Palm Beach County West Palm Beach 33406 Forest Hill

1958 Richard Ln, West Palm Beach, FL

This home is located at 1958 Richard Ln, West Palm Beach, FL 33406 since 12 May 2011 and is currently estimated at $1,438,523, approximately $297 per square foot. This property was built in 1985. 1958 Richard Ln is a home located in Palm Beach County with nearby schools including Berkshire Elementary School, Palm Springs Middle School, and Forest Hill Community 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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