NOT LISTED FOR SALE

Estimated Value: $879,160 - $1,285,000

3 Beds
2 Baths
1,698 Sq Ft
$619/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $280,000 $165 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $5,926/month

121 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Patio
  • Lanai
  • 1 Car Attached Garage
  • Tile Flooring

About This Home

As of October 2014

This home is located within walking distance to the Intracoastal and South Olive Elementary School. A 3 bedroom 2 bathroom home sits on an over-sized lot with plenty of room in the backyard for a pool. Only 2 miles south of City Place, Downtown West Palm Beach and Palm Beach. The living space and outdoor space is setup perfect for entertaining. Property also has an extra driveway for a boat, RV or camper. This is a must see property located in the ''SoSo'' neighborhood of West Palm Beach.

Last Agent to Sell the Property

GARY ALLEN

Illustrated Properties LLC Manalapan Listed on: 06/03/2014

Co-Listed By

ERIN ALLEN

Illustrated Properties LLC Manalapan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,175

Year Built

  • Built in 1952

Lot Details

  • Waterfront
  • North Facing Home
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned SF7

Parking

  • 1 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Asphalt Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,698 Sq Ft Home
  • Ceiling Fan
  • Dining Area
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Little Ranches Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 74434403150000580

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,175

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 7841
  • Subdivision Name: Little Ranches
  • Directions: Southern Blvd east to Olive then South to Bunker Ranch Rd.
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Year Built: 1952
  • Location Tax Legal:Zoned: SF7
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 2175.0
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Living Area: 1698.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • General Property Description:Lot Dim (1): 7841
  • WaterSewer:Sewer: Yes
  • Roof:Asphalt Shingle: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Terms:VA Mtg: Yes
  • Terms:FHA Mtg: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Electric, Microwave
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Cable, Ceiling Fan
  • Living Area: 1698.0
  • Window Features: Other
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Sprinkler System
  • Roof: Asphalt
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes

Garage/Parking

  • Parking Features: 1 Car, Attached
  • Garage:_one_ Car: Yes
  • Garage: Yes

Utilities

  • Security: No Security
  • Heating: Central Air
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: Yes
  • Parcel #: 74434403150000580
  • Zoning: SF7

Tax Info

  • Tax Annual Amount: 2175.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2014
Closed on
Oct 10, 2014
Sold by
Corfu Homes Inc
Bought by
Ries John and Ries Alda
Seller's Agent
GARY ALLEN
Illustrated Properties LLC Manalapan
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$1,051,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$771,040
Avg. Annual Appreciation
12.71%
Original Mortgage
$224,000
Interest Rate
6.25%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 21, 2013
Closed on
Sep 26, 2013
Sold by
Federal National Mortgage Association
Bought by
Corfu Homes Inc
Seller's Agent
Jean Marseille
Legacy Realty & Development
List Price
$278,500
Sold Price
$230,000
Premium/Discount to List
-$48,500
-17.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.82%

Purchase Details

Closed on
Mar 7, 2013
Sold by
Smith Albert T
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 3, 2000
Sold by
Martisek Charles M
Bought by
Smith Albert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 1999
Sold by
Villari William J
Bought by
Martisek Charles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 1998
Sold by
Lenahan Margaret D
Bought by
Villari William J
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
Ries John $280,000 First American Title Ins Co
Corfu Homes Inc $230,000 Attorney
Federal National Mortgage Association -- None Available
Smith Albert T $120,000 --
Martisek Charles M $110,000 --
Villari William J $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ries John $224,000
Previous Owner Villari William J $114,000
Previous Owner Villari William J $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2014 10/10/14 Sold $280,000 0.0% $165 / Sq Ft
10/10/2014 10/10/14 Sold $280,000 0.0% $165 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
09/10/2014 09/10/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $280,000 -13.8% $165 / Sq Ft
05/16/2014 05/16/14 For Sale $324,900 +41.3% $191 / Sq Ft
09/26/2013 09/26/13 Sold $230,000 -17.4% $135 / Sq Ft
08/27/2013 08/27/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $278,500 -- $164 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $4,233 $234,877 -- --
2023 $4,117 $228,036 $0 $0
2022 $4,060 $221,394 $0 $0
2021 $4,037 $214,946 $0 $0
2020 $4,007 $211,978 $0 $0
2019 $3,940 $207,212 $0 $0
2018 $3,707 $203,348 $0 $0
2017 $3,640 $199,166 $0 $0
2016 $1,824 $195,070 $0 $0
2015 $3,695 $193,714 $0 $0
2014 $5,200 $214,844 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-1193

APN: 74-43-44-03-15-000-0580