NOT LISTED FOR SALE

362 E 25th St West Palm Beach, FL 33404

Inlet Shores Neighborhood

Estimated Value: $494,000 - $2,243,000

3 Beds
2 Baths
1,473 Sq Ft
$1,160/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $1,650,000 $1,120 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $11,749/month

158 Days on Market

Highlights

  • Property has ocean access
  • Property fronts an intracoastal waterway
  • Attached Garage
  • William T. Dwyer High School Rated A-
  • Vaulted Ceiling
  • Patio

About This Home

As of July 2021

AHOY CAPTAIN'S, ACROSS FROM PALM BEACH INLETOld Florida at its best! Beautiful 3-bedroom, 2 bath private home with water views everywhere! This home is situated on one of the most desirable locations in this area. With Southern exposure down the intracoastal and the home overlooking Peanut Island and the Palm Beach Inlet. With approximately 180ft on the water. you can boat, paddle board, or kayak to Peanut Island only 2500 ft away. This is a one of a kind home and once gone won't be easily replaced. Seller unable to show until Jan 6th.

Last Agent to Sell the Property

Eric Pruitt

RE/MAX Select Group License #0364652 Listed on: 12/29/2020

Last Buyer's Agent

B. DUERR

Compass Florida LLC License #3117391

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,172

Year Built

  • Built in 1954

Lot Details

  • 0.25 Acre Lot
  • Property fronts an intracoastal waterway
  • Irregular Lot
  • Property is zoned RS-8(c

Interior Spaces

  • 1,473 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Terrazzo Flooring
  • Intracoastal Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Property has ocean access
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Santrys Subdivision

Listing and Financial Details

  • Assessor Parcel Number 56434228290000750

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,172

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take I-95 S and W Blue Heron Blvd to Avnue A/ Lake Shore Dr in Riviera Beach, Drive to E 25th St
  • Year Built: 1954
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Vaulted Ceiling(s)
  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Terrazzo
  • Living Area: 1473.0
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Intercoastal
  • Lot Features: Irregular Lot
  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: Intracoastal Access, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: No
  • Parking Features: Attached, Covered, Driveway, Garage

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 56434228290000750
  • Lot Size: 1/4 to 1/2 Acre,Irregula
  • Lot Size Sq Ft: 10934.0
  • Zoning Description: RS-8(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8172.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
Jul 6, 2021
Sold by
Mulay Jerome M and Mulay Shatee S
Bought by
Shultz Nicholas J
Seller's Agent
Eric Pruitt
RE/MAX Select Group
Buyer's Agent
B. DUERR
Compass Florida LLC
List Price
$1,725,000
Sold Price
$1,650,000
Premium/Discount to List
-$75,000
-4.35%
Current Estimated Value
$1,709,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,365
Avg. Annual Appreciation
0.79%
Original Mortgage
$1,116,500
Outstanding Balance
$1,003,967
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$705,398

Purchase Details

Closed on
Apr 8, 1997
Sold by
Colonial Hotel (Grand Bend)
Bought by
Mulahy Jerome M and Mulahy Shatee S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.58%
Mortgage Type
New Conventional
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
Shultz Nicholas J $1,650,000 South Fl Ttl Insurers Of Pal
Mulahy Jerome M $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shultz Nicholas J $1,116,500
Previous Owner Mulahy Jerome M $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2021 07/06/21 Sold $1,650,000 -4.3% $1,120 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $1,725,000 -- $1,171 / 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
2025 $33,840 $2,043,512 -- --
2024 $33,840 $1,632,565 -- --
2023 $31,151 $1,467,272 $0 $0
2022 $28,398 $1,333,884 $0 $0
2021 $8,786 $441,171 $369,600 $71,571
2020 $8,172 $416,421 $350,000 $66,421
2019 $7,593 $388,421 $322,000 $66,421
2018 $6,526 $323,248 $272,329 $50,919
2017 $5,768 $255,455 $209,484 $45,971
2016 $5,773 $250,353 $0 $0
2015 $5,554 $232,602 $0 $0
2014 $5,185 $211,456 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Pruitt

    Seller's Agent in 2021

    Eric Pruitt

    RE/MAX

    (561) 346-0555

    3 in this area

    219 Total Sales

    Eric Pruitt
    Section Image
  • B. DUERR

    Buyer's Agent in 2021

    B. DUERR

    Compass Florida LLC

    (561) 270-5384

    1 in this area

    73 Total Sales

    B. DUERR
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10680938

BeachesMLS

APN: 56-43-42-28-29-000-0750

Florida Palm Beach County West Palm Beach 33404 Inlet Shores

362 E 25th St, West Palm Beach, FL

Not Listed for Sale

Detached

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