NOT LISTED FOR SALE

Estimated Value: $1,157,000 - $1,282,000

3 Beds
3.5 Baths
2,024 Sq Ft
$606/Sq Ft Est. Value

Last Sold July 29, 2014

Last sale price $385,000 $190 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $8,397/month

12 Days on Market

Highlights

  • Newly Remodeled
  • Community Pool
  • Eat-In Kitchen
  • Palm Beach Public School Rated A-
  • 2 Car Attached Garage
  • 3-minute walk to Flamingo Park

About This Home

As of July 2014

WOW! JUST REDUCED! LUXURY TOWN HOME IN THE HEART OF DOWNTOWN WEST PALM BEACH. BLOCKS FROM THE INTRACOASTAL AND BEACHES AND MINUTES FROM CITY PLACE. THREE LEVEL UNIT WITH LIVING AREA AND KITCHEN ON SECOND FLOOR. THE GROUND FLOOR FEATURES A TWO CAR GARAGE AND A LARGE BEDROOM WITH A FULL BATH. COMMUNITY OFFERS FABULOUS POOL AND CABANA, WITH BARBECUE AREA. EXCELLENT CONDITION. GREAT LOCATION!

Last Agent to Sell the Property

READ REO

Real Estate Asset Disp Corp. License #700561 Listed on: 06/15/2014

Co-Listed By

Jim Banford

Real Estate Asset Disp Corp. License #695005

Last Buyer's Agent

Malcolm MacLeod

Realty Hub License #0606046

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,194

Year Built

  • Built in 2003 | Newly Remodeled

Lot Details

  • 1,307

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,024 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Additional Features

  • 1,307 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434327760000050

Community Details

Overview

  • Magnolia Court Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,194

Year Built

Built in 2003 | Newly Remodeled

Lot Details

0

HOA Fees

$650 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: NORTH OF BELVEDERE RD. ONE BLOCK NORTH OF FLAMINGO DR, FROM S OLIVE TURN WEST ON TUXEDO LANE. TUXEDO LANE IS A ONE WAY RD. LOCATED BETWEEN S DIXIE HWY & S OLIVE AVE.
  • Year Built: 2003
  • New Construction: Yes
  • Year Built Details: New Construction
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: 1026

Interior Features

  • Interior Amenities: Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Pantry, Split Bedrooms, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 2024.0
  • Stories: 3

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 650.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Parcel #: 74434327760000050
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 1307.0
  • Zoning Description: RPD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 6194.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2014
Closed on
Jul 18, 2014
Sold by
U S Bank Na
Bought by
Cinque Partners Ltd
Seller's Agent
READ REO
Real Estate Asset Disp Corp.
Buyer's Agent
Malcolm MacLeod
Realty Hub
List Price
$420,200
Sold Price
$385,000
Premium/Discount to List
-$35,200
-8.38%
Current Estimated Value
$1,226,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$841,641
Avg. Annual Appreciation
11.84%

Purchase Details

Closed on
Jan 30, 2014
Sold by
Devers Wayne and Devers Katherine E
Bought by
U S Bank Na

Purchase Details

Closed on
Jun 13, 2012
Sold by
Devers Wayne and Devers Katherine E
Bought by
Magnolia Court Homeowners Association In

Purchase Details

Closed on
Aug 12, 2005
Sold by
Dloughy James and Dloughy Anne Louise
Bought by
Devers Wayne and Devers Katherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2003
Sold by
Magnolia Court Development Corp
Bought by
Dloughy James and Dloughy Anne Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,300
Interest Rate
5.16%
Mortgage Type
Credit Line Revolving
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
Cinque Partners Ltd $385,000 First International Title
U S Bank Na $310,100 None Available
Magnolia Court Homeowners Association In -- None Available
Devers Wayne $680,000 Atlantic Title Inc
Dloughy James $427,019 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Devers Wayne $544,000
Previous Owner Dloughy James $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2014 07/29/14 Sold $385,000 -8.4% $190 / Sq Ft
06/29/2014 06/29/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $420,200 -- $208 / 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 $14,927 $598,950 -- --
2023 $13,394 $544,500 $0 $0
2022 $11,593 $495,000 $0 $0
2021 $9,982 $450,000 $0 $450,000
2020 $10,082 $450,000 $0 $450,000
2019 $10,177 $450,000 $0 $450,000
2018 $9,452 $430,000 $0 $430,000
2017 $9,210 $420,000 $0 $0
2016 $8,551 $374,000 $0 $0
2015 $7,958 $340,000 $0 $0
2014 -- $286,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10049534

BeachesMLS

APN: 74-43-43-27-76-000-0050