NOT LISTED FOR SALE

2575 Summit Blvd West Palm Beach, FL 33406

Estimated Value: $501,885 - $561,000

3 Beds
2 Baths
1,920 Sq Ft
$273/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $500,000 $260 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,090/month

15 Days on Market

Highlights

  • Cooling Available
  • Central Heating
  • 1-Story Property
  • Tile Flooring
  • 1 Car Garage

About This Home

As of September 2024

BEAUTIFULL HOUSE CENTRALLY LOCATED IN WEST PALM BEACH. 3/2 COMPLETELLY RENOVATED AND VERY WELL MAINTAINED. NEWLY FENCED ON PVC PANNELS. FLOOR COMPLETELLY REPLACED WITH TILES. NEW A/C SYSTEM INSTALLED IN 2022. RV HOOKUP ON THE SIDE OF THE HOUSE AND SPACE FOR A BOAT. VERY NICE SCHOOLS WITHIN WALKING DISTANCE. ABOUT 3 MILES FROM THE BEACH AND CLOSE TO THE DOWNTON AREA YET ON A QUIET NEIGHBORHOOD.

Last Agent to Sell the Property

Julio Garcia Machado

Partnership Realty Inc. License #3494284 Listed on: 08/07/2024

Last Buyer's Agent

Ernesto Figueredo

Elite Vision Realty LLC License #3397022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,736

Year Built

  • Built in 2006

Lot Details

  • 5,001 Sq Ft Lot
  • Property is zoned RS

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater

Community Details

  • Palm Acres Estates Add 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00434405090220270

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,736

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2006
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 1920.0
  • Stories: 1

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Laundry Features: In Garage
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity 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 #: 00434405090220270
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 5001.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3736.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Sep 17, 2024
Sold by
Machado Lupe Valentim and Crespo Elimey
Bought by
Lara Yaimet Jimenez
Seller's Agent
Julio Garcia Machado
Partnership Realty Inc.
Buyer's Agent
Ernesto Figueredo
Elite Vision Realty LLC
List Price
$520,000
Sold Price
$500,000
Premium/Discount to List
-$20,000
-3.85%
Views
13
Current Estimated Value
$524,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,221
Avg. Annual Appreciation
4.80%
Original Mortgage
$485,000
Outstanding Balance
$480,499
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$43,722

Purchase Details

Closed on
Jun 17, 2019
Sold by
Machado Lupe Valentim
Bought by
Machado Lupe Valentim and Crespo Elimey

Purchase Details

Closed on
Apr 25, 2008
Sold by
Baird Manoj L and Baird Monica C
Bought by
Machado Lupe Valentim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,064
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2006
Sold by
New City Construction Hl Inc
Bought by
Baird Manoj L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,920
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 26, 2004
Sold by
Diaz Jose M and Diaz Jose
Bought by
New City Construction Hl Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,200
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2003
Sold by
Thompson Eva
Bought by
Diaz Jose M

Purchase Details

Closed on
May 4, 2000
Sold by
Heemst Ann and Vanheemst Wallace Van
Bought by
Thompson Eva

Purchase Details

Closed on
Dec 17, 1996
Sold by
Vansweden Geraldine Van
Bought by
Thompson Eva
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
Lara Yaimet Jimenez $500,000 Global Partners Settlements, L
Machado Lupe Valentim -- Attorney
Machado Lupe Valentim $190,000 Producers Title Services Llc
Baird Manoj L $259,900 Fidelity Natl Title Ins Co
New City Construction Hl Inc $210,000 Fidelity National Title Insu
Diaz Jose M $80,000 Sun Title & Abstract Co
Thompson Eva -- --
Thompson Eva $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lara Yaimet Jimenez $485,000
Previous Owner Machado Lupe Valentim $187,064
Previous Owner Baird Manoj L $207,920
Previous Owner New City Construction Hl Inc $289,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $500,000 -3.8% $260 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $520,000 -- $271 / 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 -- $243,215 -- --
2023 $3,736 $236,131 -- --
2022 $3,697 $229,253 -- --
2021 $3,649 $222,576 $46,352 $176,224
2020 $4,253 $255,924 $0 $0
2019 $4,202 $250,170 $0 $0
2018 $3,964 $245,505 $0 $0
2017 $3,892 $240,455 $32,149 $208,306
2016 $3,697 $160,468 $0 $0
2015 $3,247 $145,880 $0 $0
2014 $2,962 $132,618 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11011254

BeachesMLS

APN: 00-43-44-05-09-022-0270