NOT LISTED FOR SALE

510 S Atlantic Dr Lake Worth, FL 33462

Estimated Value: $1,458,000 - $2,053,000

3 Beds
2 Baths
1,574 Sq Ft
$1,081/Sq Ft Est. Value

Last Sold February 01, 2018

Last sale price $762,500 $484 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $11,197/month

17 Days on Market

Highlights

  • Boat Ramp
  • Vaulted Ceiling
  • Pool View
  • Saltwater Pool
  • Sun or Florida Room
  • Impact Glass

About This Home

As of February 2018

Unique West Indies style cottage, located on Hypoluxo Island, 4 blocks from Ocean. CBS home has 16' ceilings, impact doors and windows, tile flooring, marble courtyard, heated saltwater pool & infinity spa. Custom designed and totally rebuilt from slab up in 2014. Open floor plan. Private courtyard entrance & fenced back yard. Designed for ultimate privacy and turnkey life style. Great condo alternative for people with pets.

Last Agent to Sell the Property

Patricia Towle

Sotheby's Intl. Realty, Inc. License #3241091 Listed on: 12/15/2017

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Steven Presson

The Corcoran Group License #3135349

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,085

Year Built

  • Built in 1955

Lot Details

  • 7,750 Sq Ft Lot
  • Interior Lot
  • Sprinkler System
  • Property is zoned R1A

Parking

  • Over 1 Space Per Unit

Home Design

  • Metal Roof

Interior Spaces

  • 1,574 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Vaulted Ceiling
  • Blinds
  • French Doors
  • Dining Room
  • Sun or Florida Room
  • Tile Flooring
  • Pool Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Pool

  • Saltwater Pool
  • Pool Equipment or Cover

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 40434503010001470

Community Details

Overview

  • Hypoluxo Island Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,085

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1-A to East Ocean Avenue. South onto Hypoluxo Island at East side of Lantana Bridge. 1 1/2 blocks to property on east side of street
  • Year Built: 1955
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, French Door(s)/Atrium Door(s), High Ceilings, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Tile
  • Living Area: 1574.0
  • Dining Room Type: Laundry, Dining Room, Florida Room
  • Stories: 1
  • Window Features: Blinds, Impact Glass

Exterior Features

  • View: Pool
  • Lot Features: Interior Lot, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Heated, Pool Equipment, Pool, Salt Water
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Metal, Wood Trusses

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Community Features: Boat Facilities, Street Lights
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 40434503010001470
  • Lot Size Sq Ft: 7750.0
  • Zoning Description: R1A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 12085.0

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2021
Sold by
Presson Steven
Bought by
Presson Steven and Steven Presson Revocable Trust
Current Estimated Value
$1,701,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,500
Outstanding Balance
$661,599
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$1,040,308

Purchase Details

Listed on
Dec 15, 2017
Closed on
Jan 25, 2018
Sold by
Lembo Nicholas
Bought by
Presson Steven
Seller's Agent
Patricia Towle
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Steven Presson
The Corcoran Group
List Price
$839,000
Sold Price
$762,500
Premium/Discount to List
-$76,500
-9.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%
Original Mortgage
$453,100
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2016
Closed on
Aug 8, 2016
Sold by
Kruger Stacy Willer
Bought by
Lembo Nicholas
Seller's Agent
Patricia Towle
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Patricia Towle
Sotheby's Intl. Realty, Inc.
List Price
$849,000
Sold Price
$795,000
Premium/Discount to List
-$54,000
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.80%

Purchase Details

Listed on
Apr 22, 2014
Closed on
Jan 16, 2015
Sold by
Boyer Kimberly
Bought by
Willer Kruger Stacey
Seller's Agent
PATRICIA TOWLE
Illustrated Properties LLC Manalapan
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.92%

Purchase Details

Closed on
Mar 22, 2011
Sold by
Fannie Mae
Bought by
Boyer Kimberly

Purchase Details

Closed on
Oct 22, 2010
Sold by
Pugliese James M and Pugliese Anne
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 30, 2007
Sold by
Pinson Elizabeth Bevins
Bought by
Pugliese James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 1994
Sold by
Pollanen Tuulikki
Bought by
Pinson Leskie J and Pinson Elizabeth Bevins

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,200
Interest Rate
7.61%
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
Presson Steven -- Accommodation
Presson Steven $762,500 Attorney
Lembo Nicholas $795,000 Citrus Title Ins Agency Inc
Willer Kruger Stacey $575,000 Progressive Title Solutions
Boyer Kimberly $299,900 Reo Title Company Of Fl Llc
Federal National Mortgage Association $370,278 Ctc
Pugliese James M $375,000 Attorney
Pinson Leskie J $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steven Presson Revocable Trust $375,000
Open Persson Steven $720,500
Closed Presson Steven $453,100
Previous Owner Presson Steven $233,140
Previous Owner Pugliese James $370,400
Previous Owner Pugliese James M $375,000
Previous Owner Pinson Leskie J $135,000
Previous Owner Pinson Leskie J $134,216
Previous Owner Pinson Leskie J $148,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2018 02/01/18 Sold $762,500 -9.1% $484 / Sq Ft
01/02/2018 01/02/18 Pending -- -- --
12/15/2017 12/15/17 For Sale $839,000 +5.5% $533 / Sq Ft
08/12/2016 08/12/16 Sold $795,000 -6.4% $497 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $849,000 +47.7% $531 / Sq Ft
01/16/2015 01/16/15 Sold $575,000 0.0% $363 / Sq Ft
01/06/2015 01/06/15 Pending -- -- --
04/22/2014 04/22/14 For Sale $575,000 -- $363 / 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 $23,287 $1,206,871 -- --
2023 $18,441 $735,097 $0 $0
2022 $15,008 $668,270 $0 $0
2021 $13,437 $669,206 $333,500 $335,706
2020 $12,070 $552,289 $241,500 $310,789
2019 $13,114 $597,414 $253,000 $344,414
2018 $11,529 $535,344 $231,624 $303,720
2017 $12,084 $558,947 $231,624 $327,323
2016 $11,541 $527,104 $0 $0
2015 $5,987 $247,682 $0 $0
2014 $5,498 $225,165 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Patricia Towle

    Sotheby's Intl. Realty, Inc.

    (561) 568-9565

    16 in this area

    24 Total Sales

    Patricia Towle
    Section Image
  • Steven Presson

    Buyer's Agent in 2018

    Steven Presson

    The Corcoran Group

    (561) 757-0172

    36 in this area

    113 Total Sales

    Steven Presson
    Section Image

  • S

    Seller Co-Listing Agent in 2016

    Sander Cohen

    Premier Int'l Real Estate, Inc

  • N

    Buyer's Agent in 2015

    NON MEMBER

    NON MEMBER FIRM

See All Agents

Map

Source: BeachesMLS

MLS Number: R10389848

BeachesMLS

APN: 40-43-45-03-01-000-1470

Florida Palm Beach County Lake Worth 33462

510 S Atlantic Dr, Lake Worth, FL

This home is located at 510 S Atlantic Dr, Lake Worth, FL 33462 since 15 December 2017 and is currently estimated at $1,701,907, approximately $1,081 per square foot. This property was built in 1955. 510 S Atlantic Dr is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle 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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