NOT LISTED FOR SALE

507 N Federal Hwy Unit 32 Lake Worth, FL 33460

Mango Groves Neighborhood

Estimated Value: $405,000 - $438,000

3 Beds
2.5 Baths
1,678 Sq Ft
$251/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $400,000 $238 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,004/month

9 Days on Market

Highlights

  • Garden View
  • Community Pool
  • Impact Glass
  • Corner Lot
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of June 2022

Beautiful 3 bedroom/2.5 end unit townhouse with attached 2 car garage, located in Parrot Cove! Features include volume ceilings, lots of windows for natural light, plus a large open patio on the West side of the unit! Open concept floor plan with large kitchen featuring granite countertops and newer upgraded stainless appliances. The second floor and stairway feature upgraded laminate floor. Large master suite features two walk in closets, and en suite bath with double sink vanity, and a walk in shower. The two additional bedrooms share a Jack-and-Jill bathroom. Fantastic location! Walk to Bryant Park, downtown Lake Worth Beach to our local cafes, coffee shops, fine dining restaurants, and shopping. Just minutes to Lake Worth Beach! MULTIPLE OFFERS! HIGHEST AND BEST DUE MAY 26, 2022, 5 PM

Last Agent to Sell the Property

Keith Korpi

Coastal Classic Realty License #3089591 Listed on: 05/21/2022

Last Buyer's Agent

Keith Korpi

Coastal Classic Realty License #3089591 Listed on: 05/21/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,218

Year Built

  • Built in 2005

Lot Details

  • 1,438 Sq Ft Lot
  • Fenced
  • Sprinkler System

HOA Fees

  • $248 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking

Interior Spaces

  • 1,678 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Open Floorplan
  • Garden Views
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434422370000320

Community Details

Overview

  • Association fees include management, common areas, ground maintenance, maintenance structure, parking, pool(s), reserve fund
  • Parrot Cove Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,218

Year Built

Built in 2005

Lot Details

0

HOA Fees

$248 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Federal Highway to 5th Ave North, turn West to property on the right side.
  • Year Built: 2005
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Kitchen/Dining Combo, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1678.0
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Guest, On Street, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • 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

  • Association Fee: 248.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Reserve Fund

Lot Info

  • Parcel #: 38434422370000320
  • Lot Size Sq Ft: 1438.0
  • Zoning Description: MU-FH(
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4218.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Jun 30, 2022
Sold by
Grant and Lauren
Bought by
Muntner Adam and Heindl Jessica R
Seller's Agent
Keith Korpi
Coastal Classic Realty
Buyer's Agent
Keith Korpi
Coastal Classic Realty
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$420,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,462
Avg. Annual Appreciation
1.52%
Original Mortgage
$280,000
Outstanding Balance
$266,411
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$154,051

Purchase Details

Listed on
Oct 23, 2015
Closed on
Dec 29, 2015
Sold by
Dougherty Michael P and Mitchell Lindsay N
Bought by
Grant Vernon and Grant Lauren
Seller's Agent
Bo Allen
Illustrated Properties LLC
Buyer's Agent
Stephanie Irons
VantaSure Realty LLC
List Price
$239,000
Sold Price
$235,000
Premium/Discount to List
-$4,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$228,779
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 2008
Sold by
Graef Brent W and Graef Eydie B
Bought by
Dougherty Michael P and Mitchell Lindsay N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,800
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 3, 2005
Sold by
Parrot Cove Llc
Bought by
Graef Brent W and Graef Eydie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5%
Mortgage Type
Fannie Mae Freddie Mac
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
Muntner Adam $400,000 Trident Title
Grant Vernon $235,000 Progressive Title Solutions
Dougherty Michael P $190,000 Sunbelt Title Agency
Graef Brent W $257,000 Standard Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muntner Adam $280,000
Previous Owner Grant Vernon $228,779
Previous Owner Dougherty Michael P $174,800
Previous Owner Graef Brent W $208,000
Closed Graef Brent W $26,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2022 06/30/22 Sold $400,000 0.0% $238 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $399,900 +70.2% $238 / Sq Ft
12/29/2015 12/29/15 Sold $235,000 -1.7% $140 / Sq Ft View Prior Sale
11/29/2015 11/29/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $239,000 -- $142 / 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 $6,614 $319,300 -- --
2023 $6,393 $310,000 $0 $310,000
2022 $4,242 $211,216 $0 $0
2021 $4,218 $205,064 $0 $0
2020 $4,180 $202,233 $0 $0
2019 $4,100 $197,686 $0 $0
2018 $3,920 $194,000 $0 $194,000
2017 $3,854 $191,000 $0 $0
2016 $3,799 $190,000 $0 $0
2015 $1,949 $107,173 $0 $0
2014 $1,946 $106,322 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10802091

BeachesMLS

APN: 38-43-44-22-37-000-0320