NOT LISTED FOR SALE

2544 Lorraine Ct West Palm Beach, FL 33403

Estimated Value: $403,248 - $517,000

2 Beds
1 Bath
1,216 Sq Ft
$362/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $155,000 $127 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $2,611/month

32 Days on Market

Highlights

  • Room in yard for a pool
  • Jalousie or louvered window
  • Eat-In Kitchen
  • Sun or Florida Room
  • Attached Garage
  • Patio

About This Home

As of May 2014

Spacious 2 bedroom home in desirable North Palm. Kitchen is a complete remodel, granite, stainless appliances. Terrazzo floors, two living areas, gas fireplaces and large fenced yard. Charming home, a must see!

Last Agent to Sell the Property

Michael Rivieccio

Compass Florida LLC License #3099434 Listed on: 03/28/2014

Compass Florida LLC

Last Buyer's Agent

Larryfox Fox

RE/MAX Ocean Properties License #SL658318

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 1953

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced
  • Property is zoned RS

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Jalousie or louvered window
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Terrazzo
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • 1 Full Bathroom

Parking

  • Attached Garage
  • 1 Carport Space
  • Driveway

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • Lake Park Mnr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 68434217050000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,267

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Off of Prosperity Farms Rd. North of Northlake Blvd.
  • Year Built: 1953
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Eat-in Kitchen, Fireplace, Stacked Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Decorative
  • Flooring: Terrazzo, Vinyl
  • Living Area: 1216.0
  • Dining Room Type: Florida Room, Storage Room
  • Stories: 1
  • Window Features: Jalousie

Exterior Features

  • Exterior Features: Fence, Patio, Room For Pool
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Roof: Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Attached, Driveway, Garage

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 68434217050000030
  • Lot Size Sq Ft: 7841.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2267.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2014
Closed on
May 30, 2014
Sold by
Cox Timothy W and Cox Susan D
Bought by
Woody Mellissa
Seller's Agent
Michael Rivieccio
Compass Florida LLC
Buyer's Agent
Larryfox Fox
RE/MAX Ocean Properties
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%
Current Estimated Value
$439,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,812
Avg. Annual Appreciation
9.75%
Original Mortgage
$152,192
Outstanding Balance
$116,831
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$325,226

Purchase Details

Closed on
Jan 24, 2013
Sold by
Cox Timothy W and Cox Susan D
Bought by
Cox Timothy W and Cox Susan D

Purchase Details

Closed on
Jun 15, 2001
Sold by
Michael G Farris M and Betty E Farris M
Bought by
Cox Timothy W and Cox Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2001
Sold by
Dolores M Hagmeier I
Bought by
Ferris Michael G and Ferris Betty E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
7.11%
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
Woody Mellissa $155,000 Attorney
Cox Timothy W -- Attorney
Cox Timothy W $112,000 --
Ferris Michael G $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordoni Mellissa $50,000
Open Woody Mellissa $152,192
Previous Owner Ferris Michael G $89,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $155,000 -8.8% $127 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $169,900 -- $140 / 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 $2,631 $161,327 -- --
2023 $2,498 $156,628 $0 $0
2022 $2,459 $152,066 $0 $0
2021 $2,433 $147,637 $0 $0
2020 $2,356 $145,599 $0 $0
2019 $2,312 $142,326 $0 $0
2018 $2,192 $139,672 $0 $0
2017 $2,145 $136,799 $0 $0
2016 $2,132 $133,985 $0 $0
2015 $2,174 $133,054 $0 $0
2014 $2,337 $97,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10028196

BeachesMLS

APN: 68-43-42-17-05-000-0030