5101 Palm Way Lake Worth, FL 33463
West Boynton NeighborhoodEstimated Value: $677,322 - $722,000
3
Beds
2
Baths
2,184
Sq Ft
$321/Sq Ft
Est. Value
Highlights
- Waterfront
- Great Room
- Ceramic Tile Flooring
- Christa Mcauliffe Middle School Rated A-
- Entrance Foyer
- Central Heating and Cooling System
About This Home
As of February 2018This well maintained home sits on over an acre lot in sought after Biltmore Terrace. Enjoy the freedom of no HOA and bring your RV, boat, trucks and more! Extremely open, split bedroom floorplan featuring tile and a fresh coat of neutral paint throughout the living areas, crown molding and beautiful wood floors in the master bedroom and bonus room. Enormous screen enclosed, covered rear patio. Very private, fenced yard and large side patio as well as a beautiful pond! Storage shed for extra storage and the peace of mind of storm protection with accordion shutters. Additional features include a new AC, newer washer and dryer and more! Located in the heart of western Lake Worth - zoned for fantastic schools including Christa Mcauliffe and Park Vista High!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,994
Year Built
- Built in 1976
Lot Details
- Waterfront
- Property is zoned AR_AGRIC
Interior Spaces
- 2,184 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Great Room
- Family Room
Kitchen
- Electric Range
- Dishwasher
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
- Well
- Electric Water Heater
- Septic Tank
Community Details
- Biltmore Terrace Subdivision
Listing and Financial Details
- Assessor Parcel Number 00424511010000750
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2017
Closed on
Feb 27, 2018
Sold by
Fuino Steven M
Bought by
Convertito Michael J
Seller's Agent
Elizabeth Love
Rahman Realty
Buyer's Agent
Elizabeth Love
Rahman Realty
List Price
$424,000
Sold Price
$387,000
Premium/Discount to List
-$37,000
-8.73%
Total Days on Market
51
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,581
Avg. Annual Appreciation
8.37%
Original Mortgage
$309,600
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 26, 2004
Sold by
Burke Joseph K and Burke Linda B
Bought by
Fuino Steven M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 28, 1999
Sold by
Liebman Shirley A and Liebman Ira J
Bought by
Burke Joseph K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 6, 1998
Sold by
Ford Alan E and Ford Joan L
Bought by
Atkins Joan L
Purchase Details
Closed on
Feb 5, 1998
Sold by
Villwock Arthur P
Bought by
Atkins Joan L
Similar Homes in Lake Worth, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Convertito Michael J | $387,000 | Attorney | |
| Fuino Steven M | $300,000 | -- | |
| Burke Joseph K | $160,000 | -- | |
| Atkins Joan L | $100 | -- | |
| Atkins Joan L | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Convertito Michael J | $290,000 | |
| Closed | Convertito Michael J | $309,600 | |
| Previous Owner | Fuino Steven M | $81,000 | |
| Previous Owner | Fuino Steven M | $25,000 | |
| Previous Owner | Fuino Steven M | $254,700 | |
| Previous Owner | Fuino Steven M | $71,000 | |
| Previous Owner | Fuino Steven M | $213,000 | |
| Previous Owner | Fuino Steven M | $240,000 | |
| Previous Owner | Atkins Joan L | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2018 02/28/18 | Sold | $387,000 | -8.7% | $177 / Sq Ft |
| 01/29/2018 01/29/18 | Pending | -- | -- | -- |
| 12/08/2017 12/08/17 | For Sale | $424,000 | -- | $194 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $5,209 | $329,951 | -- | -- |
| 2023 | $5,081 | $320,341 | $0 | $0 |
| 2022 | $5,035 | $311,011 | $0 | $0 |
| 2021 | $5,000 | $301,952 | $0 | $0 |
| 2020 | $4,963 | $297,783 | $0 | $0 |
| 2019 | $4,903 | $291,088 | $0 | $0 |
| 2018 | $6,261 | $338,061 | $194,906 | $143,155 |
| 2017 | $5,994 | $318,945 | $155,925 | $163,020 |
| 2016 | $2,526 | $158,025 | $0 | $0 |
| 2015 | $2,578 | $156,927 | $0 | $0 |
| 2014 | $2,583 | $155,682 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Love
E
Seller's Agent in 2018
Elizabeth Love
Rahman Realty
(561) 523-6864
13 in this area
83 Total Sales
-
Linda Petrosky
L
Seller Co-Listing Agent in 2018
Linda Petrosky
Rahman Realty
(561) 436-2997
12 in this area
60 Total Sales
Map
Source: BeachesMLS
MLS Number: R10388030
APN: 00-42-45-11-01-000-0750
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