NOT LISTED FOR SALE

242 E Lakewood Rd West Palm Beach, FL 33405

South End Neighborhood

Estimated Value: $3,775,811 - $4,487,000

4 Beds
4.5 Baths
3,240 Sq Ft
$1,283/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $3,500,000 $1,080 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $25,692/month

9 Days on Market

Highlights

  • Private Pool
  • Garden View
  • Breakfast Area or Nook
  • Wood Flooring
  • Sun or Florida Room
  • Formal Dining Room

About This Home

As of May 2022

Historic character & charm exude from this beautiful 1940's Colonial residence located on one of the most desirable streets in the coveted South of Southern district. Nestled on a sprawling 11,096 sq. ft. lot, this enchanting home w/ guest cottage boasts over 3,400 sq. ft. Recent updates: impact windows/doors, 2020 roof, interior/exterior painted in classic whites, new patio/balcony/pool decks, & more. Timeless features: hardwood flooring, formal living room w/ wood burning fireplace, formal dining room, & iron stairway banister. Entertain or just get cozy in the large sunroom/family room that overlooks the swimming pool & private, lush backyard. Steps to the Intracoastal Waterway/Flagler Drive. Minutes to beaches, Worth Ave, downtown, fabulous restaurants/shops, the airport, & much more.

Last Agent to Sell the Property

Don Moore

Compass Florida LLC (PB) License #430340 Listed on: 03/23/2022

Compass Florida LLC (PB)

Co-Listed By

Keisha Moore

Compass Florida LLC (PB) License #3408926

Compass Florida LLC (PB)

Last Buyer's Agent

Keisha Moore

Compass Florida LLC (PB) License #3408926

Compass Florida LLC (PB)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,699

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 95x116
  • Sprinkler System
  • Property is zoned Sf14

Property Views

  • Garden
  • Pool

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,240 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Family Room
  • Formal Dining Room
  • Sun or Florida Room
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Lakewood West Palm Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434403100060051

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,699

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: About 9 blocks south of Southern Blvd. In between Flagler Drive & Olive Ave. House is on the south side of the street.
  • Year Built: 1940
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Fireplace, Kitchen/Dining Combo
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 3240.0
  • Dining Room Type: Family Room, Florida Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Porch, Patio
  • View: Garden, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio, Porch
  • Property Condition: Resale
  • 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: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434403100060051
  • Lot Size: 95x116
  • Lot Size Sq Ft: 11096.0
  • Zoning Description: Sf14
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 17699.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
May 2, 2022
Sold by
Haddad and Lynn
Bought by
Lomba Pamela
Seller's Agent
Don Moore
Compass Florida LLC (PB)
Buyer's Agent
Keisha Moore
Compass Florida LLC (PB)
List Price
$4,250,000
Sold Price
$3,500,000
Premium/Discount to List
-$750,000
-17.65%
Current Estimated Value
$3,924,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,445
Avg. Annual Appreciation
5.08%

Purchase Details

Closed on
Mar 31, 2011
Sold by
Holt Diana B
Bought by
Haddad Christopher and Haddad Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2010
Sold by
Dillon Patricio and Dillon Lily Busch Magnus Holt
Bought by
Holt Diana B

Purchase Details

Closed on
Jan 24, 2005
Sold by
Vincent Paul F and Crawn Claudia Colleen
Bought by
Dillon Patricio and Dillon Lily Busch Magnus Holt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,650
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 3, 1998
Sold by
Cathcart John M and Cathcart Georgina Cathcart
Bought by
Vincent Paul F and Crawn Claudia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.94%
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
Lomba Pamela $3,500,000 Singer Leonard I
Haddad Christopher $605,000 Attorney
Holt Diana B $850,000 Attorney
Dillon Patricio $915,000 --
Vincent Paul F $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lomba Pamela $1,600,000
Previous Owner Haddad Christopher A $501,500
Previous Owner Haddad Christopher $30,000
Previous Owner Haddad Christopher $417,000
Previous Owner Haddad Christopher $417,000
Previous Owner Dillon Patricio $15,900
Previous Owner Dillon Patricio $850,000
Previous Owner Dillon Patricio $945,650
Previous Owner Vincent Paul F $227,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $3,500,000 -17.6% $1,080 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $4,250,000 -- $1,312 / 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 $50,459 $2,494,922 -- --
2023 $49,323 $2,422,254 $0 $0
2022 $17,701 $868,497 $0 $0
2021 $17,699 $843,201 $0 $0
2020 $17,619 $831,559 $0 $0
2019 $17,371 $812,863 $0 $0
2018 $16,567 $797,707 $428,018 $369,689
2017 $16,822 $799,787 $0 $0
2016 $16,816 $783,337 $0 $0
2015 $14,162 $542,694 $0 $0
2014 $12,835 $493,358 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Don Moore

    Compass Florida LLC (PB)

    (561) 329-1709

    50 in this area

    92 Total Sales

    Section Image
  • Keisha Moore

    Seller Co-Listing Agent in 2022

    Keisha Moore

    Compass Florida LLC (PB)

    (561) 319-0146

    48 in this area

    92 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10786058

BeachesMLS

APN: 74-43-44-03-10-006-0051

Florida Palm Beach County West Palm Beach 33405 South End

242 E Lakewood Rd, West Palm Beach, FL

This home is located at 242 E Lakewood Rd, West Palm Beach, FL 33405 since 23 March 2022 and is currently estimated at $4,158,203, approximately $1,283 per square foot. This property was built in 1940. 242 E Lakewood Rd is a home located in Palm Beach County with nearby schools including South Olive 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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