NOT LISTED FOR SALE

502 E Redwood Dr West Palm Beach, FL 33403

Estimated Value: $532,371 - $569,000

4 Beds
3 Baths
2,151 Sq Ft
$253/Sq Ft Est. Value

Last Sold September 12, 2024

Last sale price $510,000 $237 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,150/month

44 Days on Market

Highlights

  • Concrete Pool
  • Pickleball Courts
  • Laundry Room
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Patio
  • Clay Flooring

About This Home

As of September 2024

This beautiful single-story home offers a spacious and comfortable living space. It features 4 bedrooms and 3 bathrooms, providing ample space The open floor plan creates a seamless flow between the living room, dining area, and kitchen. The highlight of this home is the inground pool, perfect for relaxation and entertainment. The pool area is complemented by a patio and outdoor area, making it an inviting space for outdoor gatherings. In addition, this home is equipped with a whole house generator, ensuring uninterrupted power supply during emergencies or power outages. The hurricane shutters provide added protection to the windows and doors, giving you peace of mind during stormy weather.

Last Agent to Sell the Property

John DePhillipo

Compass Florida LLC License #3289162 Listed on: 07/18/2024

Compass Florida LLC

Last Buyer's Agent

Javier Alvarado Martinez

REDFIN CORPORATION License #3456030

REDFIN CORPORATION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,817

Year Built

  • Built in 1964

Lot Details

  • Fenced
  • Property is zoned R1

Interior Spaces

  • 2,151 Sq Ft Home
  • 1-Story Property
  • Florida or Dining Combination

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Clay
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Pool Equipment or Cover

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36434221031380180

Community Details

Overview

  • Lake Park Add 3 In Subdivision

Recreation

  • Pickleball Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,817

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1964
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Family/Dining Room, Jetted Tub, Split Bedrooms, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Clay, Ceramic Tile
  • Living Area: 2151.0
  • Dining Room Type: Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: Concrete, Pool Equipment, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 36434221031380180
  • Lot Size: < 1/4 Acre
  • Zoning Description: R1

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2817.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Sep 11, 2024
Sold by
Pazienza Frank T and Pazienza Svetlana
Bought by
Park Terrence and Chase Mici B
Seller's Agent
John DePhillipo
Compass Florida LLC
Buyer's Agent
Javier Alvarado Martinez
REDFIN CORPORATION
List Price
$515,000
Sold Price
$510,000
Premium/Discount to List
-$5,000
-0.97%
Views
30
Current Estimated Value
$544,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,593
Avg. Annual Appreciation
5.81%
Original Mortgage
$510,000
Outstanding Balance
$506,219
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$33,730

Purchase Details

Closed on
Mar 1, 2006
Sold by
Mcknight Marguerite D
Bought by
Pazienza Frank T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 2, 2005
Sold by
Mcknight Stanley M
Bought by
Mcknight Marguerite D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2004
Sold by
Mcknight Stanley M
Bought by
Mcknight Stanley M and Mcknight Marguerite D

Purchase Details

Closed on
Oct 27, 2000
Sold by
Horton Edwin L and Horton Susan E
Bought by
Mcknight Stanley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
7.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 1994
Sold by
Egan William J and Egan Marie Anne
Bought by
Horton Edwin L and Horton Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,400
Interest Rate
7.77%
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
Park Terrence $510,000 Attorneys Key Title
Pazienza Frank T $300,000 Patch Reef Title Company Inc
Mcknight Marguerite D -- --
Mcknight Stanley M -- --
Mcknight Stanley M $125,000 --
Horton Edwin L $101,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Terrence $510,000
Previous Owner Pazienza Frank T $280,000
Previous Owner Mcknight Marguerite D $130,000
Previous Owner Mcknight Stanley M $126,500
Previous Owner Mcknight Stanley M $118,750
Previous Owner Horton Edwin L $96,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Sold $510,000 -1.0% $237 / Sq Ft
07/30/2024 07/30/24 For Sale $515,000 -- $239 / 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 $2,975 $138,559 -- --
2023 $2,817 $134,523 $0 $0
2022 $2,509 $130,605 $0 $0
2021 $2,435 $126,801 $0 $0
2020 $2,401 $125,050 $0 $0
2019 $2,340 $122,239 $0 $0
2018 $2,212 $119,960 $0 $0
2017 $2,224 $117,493 $0 $0
2016 $2,213 $115,076 $0 $0
2015 $2,251 $114,276 $0 $0
2014 $2,256 $113,369 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11005465

BeachesMLS

APN: 36-43-42-21-03-138-0180