$87,900
SOLD NOV 14, 2012

2271 Summit Blvd West Palm Beach, FL 33406

3 Beds
1 Bath
1,737 Sq Ft
0.25 Acres

Recently Sold

$51 Per Sq Ft

53% Below List Price

195 Days on Market

Highlights

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

About This Home

As of August 2013

Waterfront home on canal with boat dock. Home features wood floors and open floor plan. Guest home is 1 bedroom 1 bath. This is a Fannie Mae Homepath property. Purchase for as little as 3% down. This home is eligible for Homepath Renovation Mortgage.

Last Agent to Sell the Property

Jean Marseille

Legacy Realty & Development License #3122740 Listed on: 04/02/2012

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
  • Property is zoned Rs

Home Design

  • Frame Construction

Interior Spaces

  • 1,737 Sq Ft Home
  • 1-Story Property

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

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: 95 TO SOUTHERN W TO CONGRESS S TO SUMMIT E TO PROPERTY ON NORTH SIDE
  • Year Built: 1951
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Kitchen Island, 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: 1737.0
  • Dining Room Type: In-Law Suite
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: Canal Access, Lake Front, Lagoon
  • Waterfront: Yes
  • Construction Type: Frame
  • Direction Faces: South

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: Rs

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
$494,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,769
Avg. Annual Appreciation
10.02%
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 Type Sale Price Title Company
Warranty Deed $149,000 Multiple
Special Warranty Deed $87,900 Bay National Title Company
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $146,301 FHA
Previous Owner $32,000 Credit Line Revolving
Previous Owner $102,000 VA
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

  • Robert Graeve

    Seller's Agent in 2013

    Robert Graeve

    Illustrated Properties LLC (Co

    (561) 758-8571

    1 in this area

    131 Total Sales

    Robert Graeve
    Section Image

  • C

    Buyer's Agent in 2013

    Carlos De La Rosa

    Weichert Realtors-Royal Heritage

    (561) 420-8100

    1 in this area

    82 Total Sales

    Carlos De La Rosa
    Section Image

  • J

    Seller's Agent in 2012

    Jean Marseille

    Legacy Realty & Development

    (561) 244-2585

    26 Total Sales

    Jean Marseille
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R3271314

BeachesMLS

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

Florida Palm Beach County West Palm Beach 33406

2271 Summit Blvd, West Palm Beach, FL

This home is located at 2271 Summit Blvd, West Palm Beach, FL 33406 and is currently priced at $87,900, approximately $50 per square foot. This property was built in 1951. 2271 Summit Blvd is a home located in Palm Beach County with nearby schools including Meadow Park Elementary School, Conniston 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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