$395,000
SOLD DEC 31, 2024

225 Rex Ct Palm Springs, FL 33461

Palm Springs Village Neighborhood
2 Beds
3 Baths
1,516 Sq Ft
10,498 Sq Ft Lot

Recently Sold

$261 Per Sq Ft

21% Below List Price

341 Days on Market

Highlights

  • Lake Front
  • Attic
  • Cul-De-Sac
  • Room in yard for a pool
  • Sun or Florida Room
  • Attached Garage

About This Home

As of December 2024

Investors or Owner that wants to invest in this home and enjoy the beautiful lake views! Expansive 2 bedroom with a true 3rd bath home with over 1500SF of living space. Convert to a 3 or 4 bedroom home and value changes dramatically! ENDLESS POTENTIAL!! No HOA Minutes to Turnpike.

Last Agent to Sell the Property

Christina Teahan

Water Pointe Realty Group License #603064 Listed on: 01/17/2024

Last Buyer's Agent

Christina Teahan

Water Pointe Realty Group License #603064 Listed on: 01/17/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,143

Year Built

  • Built in 1969

Lot Details

  • 10,498 Sq Ft Lot
  • Lake Front
  • Cul-De-Sac
  • Property is zoned RS

Home Design

  • Fixer Upper
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,516 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Carpet
  • Lake Views
  • Attic

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway

Pool

  • Room in yard for a pool

Schools

  • Palm Springs Community Middle School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Palm Springs Village 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70434418060680240

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,143

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Google Maps or Waze
  • Year Built: 1969
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Attic
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Living Area: 1516.0
  • Dining Room Type: Attic, Florida Room, Laundry, Storage Room
  • Stories: 1

Exterior Features

  • Exterior Features: Room For Pool
  • View: Lake
  • Lot Features: Cul-De-Sac, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale, Fixer
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: No
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Sidewalks
  • Senior Community: No
  • Pets Allowed: Yes

Schools

  • Middle Or Junior School: Palm Springs Community

Lot Info

  • Parcel #: 70434418060680240
  • Lot Size: < 1/4 Acre,Cul-De-Sac,Si
  • Lot Size Sq Ft: 10498.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2143.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Dec 31, 2024
Sold by
Simons Barry and Pryweller Seymour Z
Bought by
Jaimes Abraham
Seller's Agent
Christina Teahan
Water Pointe Realty Group
Buyer's Agent
Christina Teahan
Water Pointe Realty Group
List Price
$500,000
Sold Price
$395,000
Premium/Discount to List
-$105,000
-21%
Views
78
Current Estimated Value
$430,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,962
Avg. Annual Appreciation
9.79%
Original Mortgage
$381,816
Outstanding Balance
$380,836
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$41,248

Purchase Details

Listed on
Jan 17, 2024
Closed on
Dec 28, 2024
Sold by
Simons Mark
Bought by
Jaimes Abraham
Seller's Agent
Christina Teahan
Water Pointe Realty Group
Buyer's Agent
Christina Teahan
Water Pointe Realty Group
List Price
$500,000
Sold Price
$395,000
Premium/Discount to List
-$105,000
-21%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,816
Outstanding Balance
$380,836
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$41,248

Purchase Details

Listed on
Jan 17, 2024
Closed on
Dec 26, 2024
Sold by
Simons Michael
Bought by
Jaimes Abraham
Seller's Agent
Christina Teahan
Water Pointe Realty Group
Buyer's Agent
Christina Teahan
Water Pointe Realty Group
List Price
$500,000
Sold Price
$395,000
Premium/Discount to List
-$105,000
-21%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,816
Outstanding Balance
$380,836
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$41,248
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 Type Sale Price Title Company
Warranty Deed $395,000 Trident Title
Warranty Deed -- Trident Title
Warranty Deed -- Trident Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $381,816 FHA
Previous Owner $23,040 VA
Previous Owner $292,499 No Value Available
Previous Owner $252,000 Negative Amortization
Previous Owner $25,000 Credit Line Revolving
Previous Owner $184,000 Unknown
Previous Owner $25,000 Stand Alone Second
Previous Owner $154,000 Unknown
Previous Owner $110,000 New Conventional
Previous Owner $27,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $395,000 -19.4% $261 / Sq Ft
12/26/2024 12/26/24 Pending -- -- --
10/05/2024 10/05/24 Price Changed $490,000 -2.0% $323 / Sq Ft
08/01/2024 08/01/24 For Sale $500,000 +26.6% $330 / Sq Ft
07/31/2024 07/31/24 Off Market $395,000 -- --
01/19/2024 01/19/24 For Sale $500,000 -- $330 / 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 $2,205 $128,844 -- --
2023 $2,143 $125,091 $0 $0
2022 $2,076 $121,448 $0 $0
2021 $1,997 $117,911 $0 $0
2020 $1,973 $116,283 $0 $0
2019 $1,940 $113,669 $0 $0
2018 $1,838 $111,550 $0 $0
2017 $1,819 $109,256 $0 $0
2016 $1,822 $107,009 $0 $0
2015 $1,817 $106,265 $0 $0
2014 $1,815 $105,422 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Christina Teahan

    Water Pointe Realty Group

    (561) 541-6808

    1 in this area

    19 Total Sales

    Christina Teahan
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10952020

BeachesMLS

APN: 70-43-44-18-06-068-0240

Florida Palm Beach County Palm Springs 33461 Palm Springs Village

225 Rex Ct, Palm Springs, FL

This home is located at 225 Rex Ct, Palm Springs, FL 33461 and is currently priced at $395,000, approximately $260 per square foot. This property was built in 1969. 225 Rex Ct is a home located in Palm Beach County with nearby schools including Clifford O Taylor/Kirklane Elementary School, John I. Leonard High School, and Palm Springs 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.

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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