NOT LISTED FOR SALE

340 E Lakewood Rd West Palm Beach, FL 33405

South End Neighborhood

Estimated Value: $3,747,000 - $5,228,000

5 Beds
4.5 Baths
4,725 Sq Ft
$925/Sq Ft Est. Value

Last Sold March 18, 2013

Last sale price $1,150,000 $243 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $26,500/month

81 Days on Market

Highlights

  • Water Views
  • Deck
  • Marble Flooring
  • Heated Pool
  • Vaulted Ceiling
  • 4-minute walk to Phipps Skate Park

About This Home

As of March 2013

Spectacular Mediterranean Home two blocks from the Intracoastal; built to the highest standards. Minutes from Down Town West Palm Beach. Featuring 5Bedrooms, 4.5 Baths, Indoor outdoor Gas Fireplace, Full House Generator, Central Vacuum, Large Covered 2nd floor Patio, Master Closet Finished by California Closets, 8 Burner Gas Stove, Wine cooler in Kitchen etc. The house is completely Hurricane Impact. Fixtures and Finishes include Marble and Wood Floors, Granit Counters, Dental Band Crown Molding, Kitchen Aid Appliances and Kohler Plumbing Fixtures.

Last Agent to Sell the Property

Meike Macgregor

Compass Florida LLC License #3026406 Listed on: 11/26/2012

Compass Florida LLC

Last Buyer's Agent

Molly Douglas

Inactive Member License #699043

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,724

Year Built

  • Built in 2008

Lot Details

  • North Facing Home
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Water
  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 4,725 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • Casement Windows
  • French Doors
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Heated Pool
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Lakewood Subdivision, Custom Floorplan

Listing and Financial Details

  • Assessor Parcel Number 74434403100010071

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,724

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Flagler South to East Lakewood
  • Year Built: 2008
  • Architectural Style: Mediterranean
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Dining Area, Separate/Formal Dining Room, French Door(s)/Atrium Door(s), Fireplace, Kitchen Island, Pantry, Split Bedrooms, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Marble, Wood
  • Living Area: 4725.0
  • Dining Room Type: Den, Family Room, Florida Room, Great Room, Storage Room
  • Stories: 2
  • Window Features: Casement Window(s)

Exterior Features

  • Exterior Features: Deck, Outdoor Grill, Patio
  • View: Garden, Pool, Water
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Deck, Patio
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434403100010071
  • Zoning Description: res

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 11724.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2012
Closed on
Mar 18, 2013
Sold by
Gerber Victoria
Bought by
Charles Raymond G
Seller's Agent
Meike Macgregor
Compass Florida LLC
Buyer's Agent
Molly Douglas
Inactive Member
List Price
$1,199,000
Sold Price
$1,150,000
Premium/Discount to List
-$49,000
-4.09%
Current Estimated Value
$4,370,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,220,797
Avg. Annual Appreciation
11.31%
Original Mortgage
$1,020,000
Outstanding Balance
$725,371
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$3,645,426

Purchase Details

Closed on
Jun 28, 2010
Sold by
East Lakewood Development Co Llc and Cury Stephen E
Bought by
Tryon Partners Llc

Purchase Details

Closed on
Aug 25, 2008
Sold by
East Lakewood Development Co Llc
Bought by
Gerber Victoria

Purchase Details

Closed on
Dec 30, 2003
Sold by
Gibson Gene A and Gibson Elaine F
Bought by
Stewart Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,250
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2001
Sold by
R L Terry M
Bought by
Gibson Gene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Charles Raymond G $1,275,000 Attorney
Tryon Partners Llc $30,100 None Available
Gerber Victoria $1,450,000 None Available
Stewart Warren $437,500 United Title Agencies I Inc
Gibson Gene A $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charles Raymond G $1,020,000
Previous Owner Stewart Warren $306,250
Previous Owner Gibson Gene A $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2013 03/18/13 Sold $1,150,000 -4.1% $243 / Sq Ft
02/16/2013 02/16/13 Pending -- -- --
11/26/2012 11/26/12 For Sale $1,199,000 -- $254 / 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 $32,770 $1,630,082 -- --
2023 $32,024 $1,582,604 $0 $0
2022 $31,782 $1,536,509 $0 $0
2021 $31,803 $1,491,756 $250,000 $1,241,756
2020 $27,799 $1,253,197 $180,000 $1,073,197
2019 $25,530 $1,138,854 $230,000 $908,854
2018 $22,992 $1,052,237 $187,500 $864,737
2017 $29,153 $1,319,302 $150,000 $1,169,302
2016 $29,415 $1,303,069 $0 $0
2015 $28,774 $1,240,070 $0 $0
2014 $27,833 $1,187,479 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Meike Macgregor

    Compass Florida LLC

    (561) 818-1168

    119 Total Sales

    Meike Macgregor
    Section Image

  • M

    Buyer's Agent in 2013

    Molly Douglas

    Inactive Member

See All Agents

Map

Source: BeachesMLS

MLS Number: R3327050

BeachesMLS

APN: 74-43-44-03-10-001-0071

Florida Palm Beach County West Palm Beach 33405 South End

340 E Lakewood Rd, West Palm Beach, FL

This home is located at 340 E Lakewood Rd, West Palm Beach, FL 33405 since 26 November 2012 and is currently estimated at $4,370,797, approximately $925 per square foot. This property was built in 2008. 340 E Lakewood Rd is a home located in Palm Beach County with nearby schools including South Olive Elementary 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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