NOT LISTED FOR SALE

3501 Palm Dr Riviera Beach, FL 33404

Inlet Shores Neighborhood

Estimated Value: $391,000 - $811,000

3 Beds
2 Baths
1,486 Sq Ft
$389/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $225,000 $151 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $3,353/month

99 Days on Market

Highlights

  • Boat Ramp
  • Sun or Florida Room
  • Pool View
  • Gunite Pool
  • Corner Lot
  • No HOA

About This Home

As of January 2015

APPRAISERS...NO SELLER CONCESSIONS MADE...This 3 bedroom, 2 bath home is located in a 'secret' area in Riviera Shores. It is hidden away in a waterfront community next to the Lake Park Marina on the Intracoastal! Walk to the marina in just a few minutes from this house-just bring your boat! This home is complete w/a private fenced in back yard w/pool & spa, tropical trees, foliage, one car garage, nice paver driveway, corner lot w/mature palm trees & is in move right on in ready. The floor plan is open, split bedrooms, spacious kitchen & great room. You can't beat no HOA fees, close to Singer Island, close to dining, shopping, schools, golf courses, boating & fishing, easy to get anywhere including airport. Public & private schools & colleges are near by.

Last Agent to Sell the Property

Eric Pruitt

RE/MAX Select Group License #364652 Listed on: 11/06/2014

RE/MAX Select Group

Last Buyer's Agent

Amy Simmonds

Compass Florida LLC License #3165162

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 1959

Lot Details

  • East Facing Home
  • Corner Lot
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,486 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Jalousie or louvered window
  • Blinds
  • Florida or Dining Combination
  • Sun or Florida Room
  • Terrazzo Flooring
  • Pool Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Gunite Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 56434228010000160

Community Details

Overview

  • No Home Owners Association
  • Riviera Shores Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,539

Year Built

Built in 1959

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: US HWY 1 to Silver Beach Road, East to Lake Shore Drive and turn right, go to Riviera Drive and turn left. House is on the corner Riviera and Palm on left.
  • Year Built: 1959
  • Architectural Style: Ranch
  • Unit Levels: Multi/Split, One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Family/Dining Room, Main Level Primary, Split Bedrooms, Separate Shower
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Flooring: Terrazzo
  • Living Area: 1486.0
  • Dining Room Type: Dining Room, Florida Room
  • Stories: 1
  • Window Features: Blinds, Jalousie

Exterior Features

  • View: Pool
  • Lot Features: Corner Lot, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Gunite, In Ground
  • Pool Private: Yes
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Security: Security System
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community Features: Boat Facilities, Street Lights
  • Senior Community: No
  • Amenities: Boating, Trail(s)
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 56434228010000160
  • Mobile Dim Units: Feet
  • Zoning: Res

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1539.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2014
Closed on
Jan 30, 2015
Sold by
Brown Welbury and Brown Laura
Bought by
Edwards Alexander Raymond and Edwards Cassandra Nell
Seller's Agent
Eric Pruitt
RE/MAX Select Group
Buyer's Agent
Amy Simmonds
Compass Florida LLC
List Price
$249,888
Sold Price
$225,000
Premium/Discount to List
-$24,888
-9.96%
Current Estimated Value
$578,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,116
Avg. Annual Appreciation
8.85%
Original Mortgage
$185,250
Outstanding Balance
$140,968
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$437,148

Purchase Details

Closed on
Jun 26, 2013
Sold by
Wummer Joan C
Bought by
Brown Welbury and Brown Laura

Purchase Details

Closed on
Jul 31, 2012
Sold by
Real Props 3501 Llc
Bought by
Wummer William R and Wummer Joan C

Purchase Details

Closed on
Jun 29, 2011
Sold by
Courtway Keith
Bought by
Real Props 3501 Llc

Purchase Details

Closed on
Jun 27, 2011
Sold by
Schmidt Waweise J and Schmidt Ottmar
Bought by
Courtway Keith

Purchase Details

Closed on
Sep 1, 1995
Sold by
Balmer Larry and Weybrecht Betty A
Bought by
Walker Waweise J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,233
Interest Rate
7.76%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Edwards Alexander Raymond $225,000 Attorney
Brown Welbury $150,000 Signature Land Title Co Llc
Wummer William R $113,840 Jupiter Land Title Company
Real Props 3501 Llc -- Attorney
Courtway Keith $126,000 Attorney
Walker Waweise J $74,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Alexander Raymond $185,250
Previous Owner Walker Waweise J $74,233
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2015 01/30/15 Sold $225,000 -10.0% $151 / Sq Ft
12/31/2014 12/31/14 Pending -- -- --
10/04/2014 10/04/14 For Sale $249,888 -- $168 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $4,137 $240,436 -- --
2024 $4,137 $233,660 -- --
2023 $4,019 $226,854 $0 $0
2022 $3,948 $220,247 $0 $0
2021 $3,918 $213,832 $0 $0
2020 $3,880 $210,880 $0 $0
2019 $3,814 $206,139 $0 $0
2018 $3,631 $202,295 $0 $0
2017 $3,586 $198,134 $59,626 $138,508
2016 $3,590 $194,901 $0 $0
2015 $3,326 $130,942 $0 $0
2014 $2,995 $119,038 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Pruitt

    Seller's Agent in 2015

    Eric Pruitt

    RE/MAX

    (561) 775-7333

    3 in this area

    211 Total Sales

    Eric Pruitt
    Section Image
  • Amy Simmonds

    Buyer's Agent in 2015

    Amy Simmonds

    Compass Florida LLC

    (561) 427-3617

    164 Total Sales

    Amy Simmonds
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10077945

BeachesMLS (Greater Fort Lauderdale)

APN: 56-43-42-28-01-000-0160

Florida Palm Beach County Riviera Beach 33404 Inlet Shores

3501 Palm Dr, Riviera Beach, FL

Not Listed for Sale

Detached

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