NOT LISTED FOR SALE

390 Pine Way Trail West Palm Beach, FL 33406

Gun Club Estates Neighborhood

Estimated Value: $415,000 - $533,441

2.65 Acres
$173,343 Price per Acre
115,434 Sq Ft Lot

Last Sold September 30, 2022

Last sale price $617,000

Est. 26% decrease in value since last sale

Current estimated payment $2,955/month

127 Days on Market

Highlights

  • 2.65 Acre Lot
  • Brush Vegetation
  • Paved or Partially Paved Lot

About This Lot

As of September 2022

ATTENTION DEVELOPERS & BUILDERS. 390 Pine Way Trail is a 2.41 acre tract with a 864sf single family dwelling and a detached one car garage. Listing also includes 388 Pine Way Trail parcel #00-42-44-01-10-000-0192 which is a .2418 acre tract with a 936sf single family dwelling for a total of 2.65 acres. Both units are currently leased for $1,200/mo. This land is zoned RM - Multi-Family (Medium Density). Great opportunity to build income producing duplexes, triplexes, townhouses, or condo. Great location just minutes from PBIA, beaches, and downtown WPB. Have buyer do there due diligence on how many units can be built. Property is currently on septic and well water, but there is public water and sewer available. Please do not walk property or disturb the tenants.

Last Agent to Sell the Property

Joseph McDonald

JR Realty & Appraisal Inc. License #500187 Listed on: 02/22/2022

Last Buyer's Agent

Gerasimos Damoulianos

Home Sales Palm Beach License #3533337

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,197

Lot Details

  • 2.65 Acre Lot
  • Property fronts a county road
  • Brush Vegetation
  • Paved or Partially Paved Lot
  • Property is zoned RM

Community Details

  • Trail Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424401100000190

Property Details

Property Type

Land

Est. Annual Taxes

$5,197

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Kirk Road and Gun Club
  • Special Features: VirtualTour

Exterior Features

  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Parcel #: 00424401100000190
  • Development Status: Raw Land
  • Lot Size Acres: 2.65
  • Lot Size: 2 to < 3 Acres
  • Lot Size Sq Ft: 104980.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5197.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2024
Sold by
Palm Beach County Florida
Bought by
Kazem & Co Holdings Llc
Current Estimated Value
$459,360

Purchase Details

Closed on
Jun 4, 2024
Sold by
Reaser Michael A and Reaser Susana M
Bought by
Reaser Michael A and Reaser Susana M

Purchase Details

Listed on
Feb 22, 2022
Closed on
Sep 30, 2022
Sold by
Jones Edward Lawrence
Bought by
Kazem And Co Holdings Llc
Seller's Agent
Joseph McDonald
JR Realty & Appraisal Inc.
Buyer's Agent
Gerasimos Damoulianos
Home Sales Palm Beach
List Price
$1,500,000
Sold Price
$617,000
Premium/Discount to List
-$883,000
-58.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.28%
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
Kazem & Co Holdings Llc $43,125 None Listed On Document
Reaser Michael A -- None Listed On Document
Kazem And Co Holdings Llc $617,000 First International Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $617,000 -58.9% --
06/30/2022 06/30/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $1,500,000 -- --
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 $6,342 $350,672 -- --
2023 $6,385 $351,234 $241,000 $110,234
2022 $5,504 $274,580 $0 $0
2021 $5,197 $290,699 $226,733 $63,966
2020 $5,923 $423,446 $345,498 $77,948
2019 $5,698 $411,208 $334,701 $76,507
2018 $4,368 $279,912 $216,553 $63,359
2017 $3,939 $239,773 $180,461 $59,312
2016 $3,438 $154,993 $0 $0
2015 $3,607 $140,903 $0 $0
2014 $2,884 $128,094 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joseph McDonald

    JR Realty & Appraisal Inc.

    (561) 753-7756

    1 in this area

    6 Total Sales

    Joseph McDonald
    Section Image

  • G

    Buyer's Agent in 2022

    Gerasimos Damoulianos

    Home Sales Palm Beach

    (347) 722-4294

    1 in this area

    3 Total Sales

    Gerasimos Damoulianos
    Section Image
  • Maya Haidar

    Buyer Co-Listing Agent in 2022

    Maya Haidar

    Reel Life Realty LLC

    (561) 480-2408

    1 in this area

    13 Total Sales

    Maya Haidar
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10778584

BeachesMLS

APN: 00-42-44-01-10-000-0190

Florida Palm Beach County West Palm Beach 33406 Gun Club Estates

390 Pine Way Trail, West Palm Beach, FL

This home is located at 390 Pine Way Trail, West Palm Beach, FL 33406 since 22 February 2022 and is currently estimated at $459,360. 390 Pine Way Trail is a home located in Palm Beach County with nearby schools including Berkshire Elementary School, Palm Springs 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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