NOT LISTED FOR SALE

3131 Washington Rd West Palm Beach, FL 33405

Southland Park Neighborhood

Estimated Value: $4,889,000 - $7,419,691

5 Beds
2.5 Baths
4,869 Sq Ft
$1,289/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $1,500,000 $308 Per Sq Ft

Est. 318% increase in value since last sale

Current estimated payment $36,264/month

45 Days on Market

Highlights

  • 19,893 Sq Ft lot
  • Wood Flooring
  • High Ceiling
  • Palm Beach Public School Rated A-
  • Mediterranean Architecture
  • Formal Dining Room

About This Home

As of August 2017

First time on the market and one of the most historically significant homes in the city. The main house is a 5 bedroom, 2 1/2 bath home boasting over 4800 sq. feet of living space. Gorgeous architectural features throughout. The home is in original condition. The roof was replaced, and there are 2 zones of central air. The electrical system has been updated. City records are attached under documents, William M King was the architect.The tax record and the 3 car garage show the home is built with hollow tile construction. A truly magnificent property!

Last Agent to Sell the Property

Don Todorich

The Corcoran Group License #3084827 Listed on: 05/20/2017

The Corcoran Group

Last Buyer's Agent

Don Todorich

The Corcoran Group License #3084827 Listed on: 05/20/2017

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,494

Year Built

  • Built in 1928

Lot Details

  • 0.46 Acre Lot
  • Southeast Facing Home
  • Property is zoned SF14(c

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 4,869 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Fireplace
  • Formal Dining Room
  • Gas Range
  • Laundry Room

Flooring

  • Wood
  • Clay

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Prospect Park South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434334050150062

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,494

Year Built

Built in 1928

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North of Southern Blvd. on Washington Rd. to the corner of Roosevelt Rd.
  • Year Built: 1928
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Fireplace, High Ceilings, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Gas Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Clay, Wood
  • Living Area: 4869.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Direction Faces: Southeast
  • Roof: Barrel, Composition, Other

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Detached, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434334050150062
  • Lot Size Sq Ft: 19893.0
  • Zoning Description: SF14(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 11494.0

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2017
Closed on
Aug 3, 2017
Sold by
Bachrach Michael Samuel and Amry C Bachrach Revocable Trus
Bought by
Neth Cameron Patrick
Seller's Agent
Don Todorich
The Corcoran Group
Buyer's Agent
Don Todorich
The Corcoran Group
List Price
$2,295,000
Sold Price
$1,500,000
Premium/Discount to List
-$795,000
-34.64%
Current Estimated Value
$6,274,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,774,173
Avg. Annual Appreciation
19.24%
Original Mortgage
$1,200,000
Outstanding Balance
$1,001,042
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,182,800

Purchase Details

Closed on
Sep 23, 2014
Sold by
Bachrach Mary U
Bought by
Bachrach Mary U
Source: Public Records

Range of Values:

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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
Neth Cameron Patrick $1,500,000 Attorney
Bachrach Mary U -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neth Cameron Patrick $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $1,500,000 -34.6% $308 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
05/20/2017 05/20/17 For Sale $2,295,000 -- $471 / 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 $24,935 $1,237,505 -- --
2023 $24,360 $1,201,461 $0 $0
2022 $24,166 $1,166,467 $0 $0
2021 $24,169 $1,132,492 $0 $0
2020 $24,060 $1,116,856 $0 $0
2019 $23,731 $1,091,746 $0 $0
2018 $22,664 $1,071,390 $549,869 $521,521
2017 $11,506 $550,218 $0 $0
2016 $11,494 $538,901 $0 $0
2015 $11,722 $535,155 $0 $0
2014 $11,744 $530,908 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Don Todorich

    Seller's Agent in 2017

    Don Todorich

    The Corcoran Group

    (561) 373-1791

    2 in this area

    140 Total Sales

    Don Todorich
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Map

Source: BeachesMLS

MLS Number: R10336141

BeachesMLS

APN: 74-43-43-34-05-015-0062

Florida Palm Beach County West Palm Beach 33405 Southland Park

3131 Washington Rd, West Palm Beach, FL

This home is located at 3131 Washington Rd, West Palm Beach, FL 33405 since 20 May 2017 and is currently estimated at $6,274,173, approximately $1,288 per square foot. This property was built in 1928. 3131 Washington Rd is a home located in Palm Beach County with nearby schools including Palm Beach Public 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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