2728 Lake Ave West Palm Beach, FL 33405
Prospect Heights Neighborhood
3
Beds
2
Baths
1,682
Sq Ft
10,615
Sq Ft Lot
Highlights
- Water Views
- Eat-In Kitchen
- Patio
- Circular Driveway
- Cooling System Mounted To A Wall/Window
- Awning
About This Home
As of June 2024An Incredible opportunity awaits. This property has 2 homes. The main house is a 2/1 and the second home is a 1/1 with living room and full kitchen. Live in one, rent one, rent both or use the 2nd unit as a studio or home office. This property is full of possibilities. Convenient to I-95 and downtown WPB, and PBI. This is a reverse mortgage property and governed by HUD guidelines for offers, price reductions, repairs and sales price. If utilities are to be turned on for inspections, they must be turned on in Buyer's name and turned off after inspections. All contracts and offers are subject to final review and approval of seller, all offers or contracts are not binding unless the entire agreement is ratified by all parties. MLS info deemed reliable, but should be independently verified.
Last Agent to Sell the Property
Cornerstone Real Estate Broker License #3209865 Listed on: 04/28/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,590
Year Built
- Built in 1950
Lot Details
- 10,615 Sq Ft Lot
- Fenced
- Property is zoned SF14
Parking
- Circular Driveway
Home Design
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,682 Sq Ft Home
- 1-Story Property
- Awning
- Single Hung Metal Windows
- Family Room
- Carpet
- Water Views
Kitchen
- Eat-In Kitchen
- Electric Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Patio
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Electric Water Heater
Community Details
- Belvedere Subdivision
Listing and Financial Details
- Assessor Parcel Number 74434333070000022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2024
Closed on
Jun 28, 2024
Sold by
Queen Marquise and Queen Elaine
Bought by
Flamingo Th Llc
Seller's Agent
Jenna Steffens
Douglas Elliman
Buyer's Agent
Jenna Steffens
Douglas Elliman
Sold Price
$3,100
Views
41
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%
Purchase Details
Listed on
Apr 28, 2021
Closed on
May 27, 2021
Sold by
Cascade Funding Mortgage Trust Hb4
Bought by
Queen Marquise and Queen Elaine
Seller's Agent
Alyse Iuzzolino
Cornerstone Real Estate Broker
Buyer's Agent
Elaine Queen
United Realty Group, Inc
List Price
$320,000
Sold Price
$330,000
Premium/Discount to List
$10,000
3.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.64%
Original Mortgage
$247,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Similar Homes in West Palm Beach, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $615,000 | Producers Title | |
| Special Warranty Deed | $330,000 | Entra Title Services |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $461,250 | New Conventional | |
| Previous Owner | $247,500 | New Conventional | |
| Previous Owner | $480,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $47,000 | Stand Alone Second | |
| Previous Owner | $143,000 | Unknown | |
| Previous Owner | $80,000 | Stand Alone Second | |
| Previous Owner | $30,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | For Rent | $3,500 | +12.9% | -- |
| 08/11/2024 08/11/24 | Rented | $3,100 | -3.1% | -- |
| 07/18/2024 07/18/24 | Price Changed | $3,200 | -8.6% | $2 / Sq Ft |
| 07/12/2024 07/12/24 | Price Changed | $3,500 | -11.4% | $3 / Sq Ft |
| 07/08/2024 07/08/24 | Price Changed | $3,950 | -1.3% | $3 / Sq Ft |
| 07/02/2024 07/02/24 | For Rent | $4,000 | 0.0% | -- |
| 06/28/2024 06/28/24 | Sold | $615,000 | -18.0% | $277 / Sq Ft |
| 05/06/2024 05/06/24 | Price Changed | $750,000 | -6.2% | $338 / Sq Ft |
| 04/24/2024 04/24/24 | For Sale | $799,999 | +142.4% | $361 / Sq Ft |
| 06/09/2021 06/09/21 | Sold | $330,000 | +3.1% | $196 / Sq Ft |
| 05/10/2021 05/10/21 | Pending | -- | -- | -- |
| 04/28/2021 04/28/21 | For Sale | $320,000 | -- | $190 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $7,543 | $335,070 | -- | -- |
| 2023 | $7,180 | $304,609 | $0 | $0 |
| 2022 | $6,405 | $276,917 | $0 | $0 |
| 2021 | $5,484 | $226,596 | $108,500 | $118,096 |
| 2020 | $5,590 | $229,574 | $91,000 | $138,574 |
| 2019 | $1,560 | $87,969 | $0 | $0 |
| 2018 | $1,390 | $86,329 | $0 | $0 |
| 2017 | $1,311 | $84,553 | $0 | $0 |
| 2016 | $1,291 | $82,814 | $0 | $0 |
| 2015 | $1,309 | $82,238 | $0 | $0 |
| 2014 | $1,313 | $81,585 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2025
Jenna Steffens
Douglas Elliman
-
M
Seller's Agent in 2024
Marquise Queen
United Realty Group, Inc
-
E
Seller Co-Listing Agent in 2024
Elaine Queen
United Realty Group, Inc
-
A
Seller's Agent in 2021
Alyse Iuzzolino
Cornerstone Real Estate Broker
Map
Source: BeachesMLS
MLS Number: R10711715
APN: 74-43-43-33-07-000-0022
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.
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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