NOT LISTED FOR SALE

2271 Summit Blvd West Palm Beach, FL 33406

Estimated Value: $447,000 - $550,040

3 Beds
1 Bath
1,360 Sq Ft
$357/Sq Ft Est. Value

Last Sold August 15, 2013

Last sale price $149,000 $110 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $2,895/month

20 Days on Market

Highlights

  • Lake Front
  • Canal Access
  • Wood Flooring
  • Home fronts a lagoon or estuary
  • Canal View
  • In-Law or Guest Suite

About This Home

As of August 2013

Three Bedroom One Bath plus One bedroom one bath mother-in-law quarters. Remodeled New Cherrywood Cabinetry in Kitchen, SS Appliances, Granite Counters and Hardwood floors. Proerty Surrounded by Water on Two Sides.

Last Agent to Sell the Property

Robert Graeve

Illustrated Properties LLC (Co License #202705 Listed on: 06/25/2013

Illustrated Properties LLC (Co

Last Buyer's Agent

Carlos De La Rosa

Weichert Realtors-Royal Heritage License #3180778

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,711

Year Built

  • Built in 1951

Lot Details

  • Home fronts a lagoon or estuary
  • Lake Front
  • South Facing Home

Parking

  • Driveway

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Electric Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Canal Access
  • Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • West Palm Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00434405150000270

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,711

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I-95 to Southern West to Congress South to Summit East to Property on North Side.
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Interior Amenities: Kitchen Island, Living/Dining Room, Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 1360.0
  • Dining Room Type: In-Law Suite
  • Stories: 1

Exterior Features

  • Exterior Features: Patio, Shed
  • View: Canal
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Access, Lake Front, Lagoon
  • Waterfront: Yes
  • Construction Type: Frame
  • Direction Faces: South
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Metal

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00434405150000270
  • Zoning Description: RES

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1711.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2013
Closed on
Jul 26, 2013
Sold by
Munarov Arkadly
Bought by
Rodriguez Edwin
Seller's Agent
Robert Graeve
Illustrated Properties LLC (Co
Buyer's Agent
Carlos De La Rosa
Weichert Realtors-Royal Heritage
List Price
$149,900
Sold Price
$149,000
Premium/Discount to List
-$900
-0.6%
Current Estimated Value
$477,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,856
Avg. Annual Appreciation
10.15%
Original Mortgage
$146,301
Outstanding Balance
$109,853
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$364,787

Purchase Details

Listed on
Apr 2, 2012
Closed on
Oct 3, 2012
Sold by
Fannie Mae
Bought by
Munarov Arkadiy
Seller's Agent
Jean Marseille
Legacy Realty & Development
List Price
$187,500
Sold Price
$87,900
Premium/Discount to List
-$99,600
-53.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
102.11%

Purchase Details

Closed on
Apr 15, 1997
Sold by
Goodwin Gery S and Goodwin Pamela J
Bought by
Policastro Frederick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.69%
Mortgage Type
VA
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 Buyer Sale Price Title Company
Rodriguez Edwin $149,000 Multiple
Munarov Arkadiy $87,900 Bay National Title Company
Policastro Frederick J $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Edwin $146,301
Previous Owner Policastro Frederick $182,000
Previous Owner Policastro Frederick J $32,000
Previous Owner Policastro Frederick J $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2013 08/15/13 Sold $149,000 -0.6% $110 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $149,900 +70.5% $110 / Sq Ft
11/14/2012 11/14/12 Sold $87,900 -53.1% $51 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $187,500 -- $108 / 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 $3,351 $216,166 -- --
2023 $3,255 $209,870 $0 $0
2022 $3,218 $203,757 $0 $0
2021 $3,169 $197,822 $0 $0
2020 $3,137 $195,091 $0 $0
2019 $3,096 $190,705 $0 $0
2018 $2,910 $187,149 $0 $0
2017 $2,844 $183,300 $0 $0
2016 $2,846 $179,530 $0 $0
2015 $3,295 $159,022 $0 $0
2014 $3,126 $148,154 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R9957003

BeachesMLS

APN: 00-43-44-05-15-000-0270