NOT LISTED FOR SALE

2904 Kentucky St West Palm Beach, FL 33406

Estimated Value: $508,000 - $581,000

0.16 Acre
$3,438,456 Price per Acre
7,153 Sq Ft Lot

Last Sold June 21, 2017

Last sale price $55,000 $96 Per Sq Ft

Est. 900% increase in value since last sale

Current estimated payment $3,349/month

2 Days on Market

About This Lot

As of June 2017

This lot was occupied until about three years ago by a residence. It has since been torn down. utilities are still in place, except water meter(?).This site is virtually ready to build.

Last Agent to Sell the Property

John Schmidt

Cornerstone Realty Inc. License #3020783 Listed on: 05/19/2017

Last Buyer's Agent

John Schmidt

Cornerstone Realty Inc. License #3020783 Listed on: 05/19/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $782

Lot Details

  • 7,153 Sq Ft Lot
  • Site Plan Filed
  • Property is zoned RS/Singl

Community Details

  • Palm Acres Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00434405080020170

Property Details

Property Type

Land

Est. Annual Taxes

$782

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: East of Congress on Kentucky Street about 0.4 miles. On South side of road. vacant lot, with former house on it. Kentucky access is directly across from Trump Gulf Course on Congress.
  • Special Features: None

Exterior Features

  • Lot Features: < 1/4 Acre
  • Waterfront: No

Lot Info

  • Parcel #: 00434405080020170
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.16
  • Lot Size: 50
  • Lot Size Sq Ft: 7153.0
  • Number Of Lots: 1
  • Zoning Description: RS/Singl
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 782.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2019
Sold by
Lopez Javier
Bought by
Pelaez Odalys
Current Estimated Value
$550,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Outstanding Balance
$229,125
Interest Rate
8.77%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$321,028

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 27, 2017
Sold by
Spots Inc
Bought by
Lopez Javier
Seller's Agent
John Schmidt
Cornerstone Realty Inc.
Buyer's Agent
John Schmidt
Cornerstone Realty Inc.
List Price
$69,000
Sold Price
$55,000
Premium/Discount to List
-$14,000
-20.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.76%

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 20, 2017
Sold by
Spots Inc
Bought by
Lopez Javier
Seller's Agent
John Schmidt
Cornerstone Realty Inc.
Buyer's Agent
John Schmidt
Cornerstone Realty Inc.
List Price
$69,000
Sold Price
$55,000
Premium/Discount to List
-$14,000
-20.29%

Purchase Details

Closed on
Nov 30, 2007
Sold by
Morse James O and Hays Cheryl B
Bought by
Spots Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 1995
Sold by
Mock Jadene E
Bought by
Morse James O
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
Pelaez Odalys $305,000 North American Title Co
Lopez Javier $55,000 Attorney
Lopez Javier $55,000 Attorney
Spots Inc $160,000 Premier Title Company Ltd
Morse James O $2,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelaez Odalys $244,000
Previous Owner Spots Inc $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2017 06/21/17 Sold $55,000 -20.3% $96 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $69,000 -- $121 / 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 $5,555 $348,579 -- --
2023 $5,416 $338,426 $0 $0
2022 $5,369 $328,569 $0 $0
2021 $5,324 $318,999 $95,465 $223,534
2020 $6,622 $350,938 $60,500 $290,438
2019 $6,468 $337,895 $55,000 $282,895
2018 $991 $54,729 $54,729 $0
2017 $870 $68,240 $68,240 $0
2016 $782 $30,536 $0 $0
2015 $637 $27,760 $0 $0
2014 $519 $25,236 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10335961

BeachesMLS

APN: 00-43-44-05-08-002-0170