$575,000
SOLD JAN 16, 2015

510 S Atlantic Dr Lake Worth, FL 33462

3 Beds
2 Baths
1,583 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$363 Per Sq Ft

259 Days on Market

Highlights

  • Newly Remodeled
  • No HOA
  • Stone Flooring
  • Waterfront
  • Partial Impact Glass
  • 1-Story Property

About This Home

As of February 2018

NEW CONSTRUCTION: West Indies-style, CBS cottage only 3 blocks from Ocean on desirable Hypoluxo Island. Lifetime metal roof, storm impact doors & windows, vaulted wood ceilings & private ctyd garden. A Palm Beach Architect specializing in one-of-a-kind luxury homes designed this as the perfect tropical get-away. Great condo alternative: pet & child friendly with no fees or restrictions. Perfect for person who appreciates fine craftsmanship and unique design. Room for both pool and one car garage or 2-car carport.

Last Agent to Sell the Property

PATRICIA TOWLE

Illustrated Properties LLC Manalapan Listed on: 04/22/2014

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,062

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Waterfront
  • Southwest Facing Home
  • Fenced Front Yard
  • Sprinkler System
  • Property is zoned R1A

Parking

  • No Garage

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,583 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Stone Flooring
  • Partial Impact Glass

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Voluntary home owners association
  • Hypoluxo Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40434503010001470

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,062

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 50
  • Subdivision Name: Hypoluxo Island
  • Directions: A1A to Lantana Bridge/ E. Ocean Avenue; South on S. Atlantic Drive (Hypoluxo Island), Bear right at fork. Continue to #510 on left.
  • Architectural Style: One Story, Other Style
  • Year Built: 2014
  • Location Tax Legal:Zoned: R1A
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 5062.0
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Living Area: 1583.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 50
  • WaterSewer:Sewer: Yes
  • General Property Description:Lot SqFt: 7841
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Style:One Story: Yes
  • Windows:Impact Glass-Partial: Yes
  • Floors:StoneBrick: Yes
  • Exposure:West: Yes
  • HOA:Voluntary: Yes
  • Roof:Metal: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Ice Maker, Range-Electric, Oven-Single, Microwave, Washer, Dryer
  • Total Bedrooms: 3
  • Flooring: Stone/Brick, Other Flooring
  • Interior Amenities: Ceiling Fan, Other (See Remarks)
  • Living Area: 1583.0
  • Window Features: Impact Glass-Partial, Other
  • Interior Features:Other (See Remarks)3: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco, New Construction
  • Exterior Features: Fence-Front Wall, Sprinkler System
  • Roof: Metal
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Construction:New Construction: Yes

Garage/Parking

  • Parking Features: No Garage
  • Garage:No Garage: Yes

Utilities

  • Heating: Central Air
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: Yes
  • Lot Size Sq Ft: 7841.0
  • Parcel #: 40434503010001470
  • Zoning: R1A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5062.0
  • Tax Year: 2013

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Warranty Deed $762,500 Attorney
Warranty Deed $795,000 Citrus Title Ins Agency Inc
Warranty Deed $575,000 Progressive Title Solutions
Special Warranty Deed $299,900 Reo Title Company Of Fl Llc
Warranty Deed $370,278 Ctc
Warranty Deed $375,000 Attorney
Warranty Deed $156,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 Credit Line Revolving
Open $720,500 New Conventional
Closed $453,100 New Conventional
Previous Owner $233,140 Commercial
Previous Owner $370,400 Unknown
Previous Owner $375,000 Purchase Money Mortgage
Previous Owner $135,000 Credit Line Revolving
Previous Owner $134,216 Unknown
Previous Owner $148,200 No Value Available
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: Palm Beach Board of REALTORS®

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

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-896

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