NOT LISTED FOR SALE

2550 Summit Blvd West Palm Beach, FL 33406

Estimated Value: $285,000 - $367,000

2 Beds
1 Bath
840 Sq Ft
$401/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $245,000 $292 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,057/month

45 Days on Market

Highlights

  • RV Access or Parking
  • Laundry Room
  • Awning
  • Deck
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of August 2021

Investment property or first home buyers, Great location!!

Last Agent to Sell the Property

Monica Karol Jimenez Varea

Partnership Realty Inc. License #3311389 Listed on: 06/02/2021

Partnership Realty Inc.

Last Buyer's Agent

Elsa Perez Gonzalez

West Williams realty LLC License #3411908

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,243

Year Built

  • Built in 1958

Lot Details

  • Fenced
  • Property is zoned RS

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Awning
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • Palm Acres Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00434405090210070

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,243

Year Built

Built in 1958

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 Blvd. West to Congress South to Summit East on Summit property on right.
  • Year Built: 1958
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Living Area: 840.0
  • Dining Room Type: Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Awning(s), Deck, Fence
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Brick, Frame
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Open, RV Access/Parking

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00434405090210070
  • Lot Size: 1/4 to 1/2 Acre
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2243.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Aug 16, 2021
Sold by
Cabrera Luis Gustavo
Bought by
Perez Janet Blanco
Seller's Agent
Monica Karol Jimenez Varea
Partnership Realty Inc.
Buyer's Agent
Elsa Perez Gonzalez
West Williams realty LLC
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$337,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,187
Avg. Annual Appreciation
7.81%
Original Mortgage
$183,750
Outstanding Balance
$168,878
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$165,315

Purchase Details

Listed on
Oct 8, 2019
Closed on
Dec 20, 2019
Sold by
Zehn In Zehn Llc
Bought by
Cabrera Luis Gustavo
Seller's Agent
Cindy Bray
William Raveis Real Estate
Buyer's Agent
Cindy Bray
William Raveis Real Estate
List Price
$185,000
Sold Price
$110,000
Premium/Discount to List
-$75,000
-40.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.00%

Purchase Details

Closed on
Sep 24, 2019
Sold by
Home Endeavor Inc
Bought by
Zehn In Zehn Llc

Purchase Details

Closed on
Aug 1, 2012
Sold by
Home Endeavor Inc
Bought by
Seven Hundred Fifteenth Northwood Land T and Home Endeavor Inc

Purchase Details

Closed on
Mar 25, 2011
Sold by
Hartseil John Randall and Deutsche Bank National Trust C
Bought by
Home Endeavor Inc

Purchase Details

Closed on
Jan 20, 2006
Sold by
J M H Properties Llc
Bought by
Hartseil John Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
1.4%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 30, 2005
Sold by
Wells Gregory M and Wells Jennifer M
Bought by
J M N Properties Llc

Purchase Details

Closed on
Jun 3, 2003
Sold by
Hornstra Woody Cindy
Bought by
Wells Gregory M

Purchase Details

Closed on
Dec 18, 2001
Sold by
Lee Dorris Alice Esta
Bought by
Woody Cindy Hornstra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,800
Interest Rate
6.49%
Mortgage Type
Seller Take Back
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
Perez Janet Blanco $245,000 Harbour Land Title Llc
Cabrera Luis Gustavo $110,000 Harbour Land Title Llc
Zehn In Zehn Llc -- None Available
Seven Hundred Fifteenth Northwood Land T -- None Available
Home Endeavor Inc $20,900 None Available
Hartseil John Randall -- Family Escrow & Title Inc
J M N Properties Llc $26,901 --
Wells Gregory M $14,600 Sun Title & Abstract Co
Woody Cindy Hornstra $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Janet Blanco $183,750
Previous Owner Woody Cindy Hornstra $10,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $245,000 0.0% $292 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $245,000 +263.5% $292 / Sq Ft
05/29/2020 05/29/20 Sold $67,400 -3.6% $80 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $69,900 -36.5% $83 / Sq Ft
12/20/2019 12/20/19 Sold $110,000 -40.5% $131 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $185,000 0.0% $220 / Sq Ft
09/22/2012 09/22/12 For Rent $850 0.0% --
09/22/2012 09/22/12 Rented $850 -- --
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 $3,233 $205,936 -- --
2023 $3,142 $199,938 $124,485 $75,453
2022 $3,157 $197,179 $0 $0
2021 $2,513 $125,707 $91,310 $34,397
2020 $2,242 $101,249 $54,450 $46,799
2019 $2,220 $110,958 $55,000 $55,958
2018 $2,066 $115,318 $54,730 $60,588
2017 $1,887 $102,815 $49,754 $53,061
2016 $1,770 $67,836 $0 $0
2015 $1,603 $61,669 $0 $0
2014 $1,448 $56,063 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10721846

BeachesMLS

APN: 00-43-44-05-09-021-0070