$110,000
SOLD DEC 20, 2019

2550 Summit Blvd West Palm Beach, FL 33406

2 Beds
1 Bath
840 Sq Ft
7,318 Sq Ft Lot

Recently Sold

$131 Per Sq Ft

41% Below List Price

42 Days on Market

Highlights

  • Deck
  • Laundry Room
  • Awning
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Combination Dining and Living Room

About This Home

As of August 2021

Investment Property. No open permits, liens, city or county violations. Long-term tenant in place on a month-to-month lease paying $1300/mo. Close to Dreyer Park and the Palm Beach Zoo. Motivated seller will consider all cash offers with a 5% deposit. This property is being sold, as is. Seller gives no warranties or guarantee of any kind, expressed or implied. Seller will not reassign contract. Schedule appointment on Showtime.

Last Agent to Sell the Property

Cindy Bray

William Raveis Real Estate License #3002675 Listed on: 10/08/2019

William Raveis Real Estate

Last Buyer's Agent

Cindy Bray

William Raveis Real Estate License #3002675 Listed on: 10/08/2019

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,066

Year Built

  • Built in 1958

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Awning
  • Combination Dining and Living Room
  • Electric Range
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Septic Tank
  • Cable TV Available

Additional Features

  • Deck
  • Fenced

Community Details

  • Palm Acres Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00434405090210070

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,066

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: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, 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
  • Construction Type: Frame
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00434405090210070
  • Zoning Description: RES

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2066.0

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
$329,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,792
Avg. Annual Appreciation
7.46%
Original Mortgage
$183,750
Outstanding Balance
$167,086
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$162,706

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

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 Type Sale Price Title Company
Warranty Deed $245,000 Harbour Land Title Llc
Warranty Deed $110,000 Harbour Land Title Llc
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Trustee Deed $20,900 None Available
Quit Claim Deed -- Family Escrow & Title Inc
Warranty Deed $26,901 --
Warranty Deed $14,600 Sun Title & Abstract Co
Warranty Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $183,750 New Conventional
Previous Owner $10,800 Seller Take Back
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

  • M

    Seller's Agent in 2021

    Monica Karol Jimenez Varea

    Partnership Realty Inc.

    (561) 275-4963

    1 in this area

    24 Total Sales

    Monica Karol Jimenez Varea
    Section Image

  • E

    Buyer's Agent in 2021

    Elsa Perez Gonzalez

    West Williams realty LLC

    (561) 412-7886

    2 in this area

    21 Total Sales

    Elsa Perez Gonzalez
    Section Image
  • Nydia Pino

    Seller's Agent in 2020

    Nydia Pino

    Realty ONE Group Innovation

    (954) 804-4971

    184 Total Sales

    Nydia Pino
    Section Image

  • F

    Buyer's Agent in 2020

    Felix Santiago

    Chane Realty, Inc

  • FELIX SANTIAGO

    Buyer's Agent in 2020

    FELIX SANTIAGO

    Chane Realty, Inc

    (561) 876-8447

    57 Total Sales

    FELIX SANTIAGO
    Section Image

  • C

    Seller's Agent in 2019

    Cindy Bray

    William Raveis Real Estate

    (561) 655-6570

    69 Total Sales

    Cindy Bray
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10567887

BeachesMLS

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

Florida Palm Beach County West Palm Beach 33406

2550 Summit Blvd, West Palm Beach, FL

This home is located at 2550 Summit Blvd, West Palm Beach, FL 33406 and is currently priced at $110,000, approximately $130 per square foot. This property was built in 1958. 2550 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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