NOT LISTED FOR SALE

518 N Federal Hwy Unit 11 Lake Worth, FL 33460

Parrot Cove Neighborhood

Estimated Value: $402,094 - $436,000

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

Last Sold March 31, 2021

Last sale price $285,000 $170 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,710/month

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Guest Parking
  • Community Pool
  • Walk-In Closet
  • Central Heating and Cooling System

About This Home

As of October 2023

This 3 Bedroom, 2.5 bathroom townhome is brand new to market and showcases gorgeous high-end finishes and super spacious room sizes. It has a 2 car garage with epoxy finished floor, Impact Windows, Ring security camera, Stainless steel appliances, Full sized High efficiency Washer and Dryer upstairs (where all the bedrooms are) Levellor window treatments and stunning lighting fixtures throughout. Parrot Cove is minutes to all of the Downtown Lake worth Attractions like ''Worth Avenue'' shops and restaurants, Publix Grocery store, The Beach, City Public Golf Course and of course the annual Lake Avenue street painting festival. Less than 20 Minutes to popular City Place at West Palm Beach or Atlantic Ave in Delray. You will love being in the center of all that South Florida has to offer.

Last Agent to Rent the Property

Ross M. Stern P.A.

RE/MAX Services License #3277471 Listed on: 08/24/2023

RE/MAX Services

Co-Listed By

Lori Schultz PA

RE/MAX Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,064

Year Built

  • Built in 2005

Lot Details

  • 1,263

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,678 Sq Ft Home
  • Furnished or left unfurnished upon request

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 9/15/23
  • Assessor Parcel Number 38434422370000110

Community Details

Overview

  • Parrot Cove Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,064

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Exterior Electric, Water
  • Available Date: 2023-09-15

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Between 10th Ave N. and Lake Avenue on North Federal Highway in East Lake Worth.
  • Year Built: 2005
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Pantry, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1678.0

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated, Pool, Street Lights
  • Senior Community: No
  • Amenities: Pool
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 38434422370000110
  • Land Lease Amount Frequency: Monthly
  • Lot Size: < 1/4 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 31, 2021
Sold by
Sterling Roderic and Sterling Candice
Bought by
Fernandez Raul
Seller's Agent
Troy Dickey
Premier Brokers International
Buyer's Agent
William Cunningham III
Coldwell Banker Realty /Delray Beach
List Price
$310,000
Sold Price
$285,000
Premium/Discount to List
-$25,000
-8.06%
Current Estimated Value
$420,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,524
Avg. Annual Appreciation
8.86%
Original Mortgage
$265,050
Outstanding Balance
$239,308
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$181,216

Purchase Details

Listed on
Jul 27, 2018
Closed on
Oct 2, 2018
Sold by
Steele Craig and Steele Andrea
Bought by
Sterling Roderic and Sterling Candice
Seller's Agent
Katherine Curtis
Compass Florida LLC
Buyer's Agent
Steve Streichler
The Keyes Company
List Price
$259,000
Sold Price
$255,000
Premium/Discount to List
-$4,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$255,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Jul 18, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Schaab Donald W

Purchase Details

Closed on
Jun 6, 2011
Sold by
Citimortgage Inc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Mar 30, 2011
Sold by
Beck Thomas V and Beck Thomas
Bought by
Citimortgage Inc

Purchase Details

Closed on
Sep 8, 2006
Sold by
Beck Thomas V and Beck Leigh Ann
Bought by
Beck Thomas and Beck Leigh Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2005
Sold by
Parrott Cove Llc
Bought by
Beck Thomas and Beck Leigh Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage
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
Fernandez Raul $285,000 Firm Title Corporation
Fernandez Raul $285,000 Firm Title
Sterling Roderic $255,000 First American Title Insuran
Schaab Donald W -- None Available
Federal Home Loan Mortgage Corp -- None Available
Citimortgage Inc $78,300 None Available
Beck Thomas -- Resource Title Co Inc
Beck Thomas $257,000 Standard Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Raul $265,050
Closed Fernandez Raul $265,050
Previous Owner Sterling Roderic $255,000
Previous Owner Beck Thomas $250,000
Previous Owner Beck Thomas $205,600
Closed Beck Thomas $25,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2023 10/01/23 Rented $3,200 0.0% --
09/01/2023 09/01/23 Under Contract -- -- --
08/28/2023 08/28/23 Price Changed $3,200 -1.5% $2 / Sq Ft
08/24/2023 08/24/23 For Rent $3,250 0.0% --
03/31/2021 03/31/21 Sold $285,000 -8.1% $170 / Sq Ft View Prior Sale
03/01/2021 03/01/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $310,000 +21.6% $185 / Sq Ft
10/02/2018 10/02/18 Sold $255,000 -1.5% $152 / Sq Ft View Prior Sale
09/02/2018 09/02/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $259,000 +20.5% $154 / Sq Ft
08/28/2015 08/28/15 Sold $215,000 -1.8% $128 / Sq Ft View Prior Sale
07/29/2015 07/29/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $219,000 -- $131 / 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 $6,064 $294,464 -- --
2023 $5,855 $285,887 $0 $0
2022 $5,746 $277,560 $0 $0
2021 $4,379 $211,926 $0 $0
2020 $4,340 $209,000 $0 $209,000
2019 $4,369 $209,000 $0 $209,000
2018 $4,802 $189,000 $0 $189,000
2017 $4,726 $186,000 $0 $0
2016 $4,583 $182,000 $0 $0
2015 $3,611 $123,200 $0 $0
2014 $3,075 $112,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ross M. Stern P.A.

    Landlord's Agent in 2023

    Ross M. Stern P.A.

    RE/MAX

    (954) 790-2838

    39 Total Sales

    Ross M. Stern P.A.
    Section Image
  • Lori Schultz PA

    Landlord's Co-Listing Agent in 2023

    Lori Schultz PA

    RE/MAX

    (954) 520-3939

    42 Total Sales

    Lori Schultz PA
    Section Image

  • T

    Seller's Agent in 2021

    Troy Dickey

    Premier Brokers International

    (561) 714-2059

    1 in this area

    11 Total Sales

    Troy Dickey
    Section Image
  • William Cunningham III

    Buyer's Agent in 2021

    William Cunningham III

    Coldwell Banker Realty /Delray Beach

    (631) 275-7382

    3 in this area

    67 Total Sales

    William Cunningham III
    Section Image
  • Katherine Curtis

    Seller's Agent in 2018

    Katherine Curtis

    Compass Florida LLC

    (561) 454-8915

    1 in this area

    17 Total Sales

    Katherine Curtis
    Section Image

  • S

    Buyer's Agent in 2018

    Steve Streichler

    The Keyes Company

    (561) 601-9510

    37 Total Sales

    Steve Streichler
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10914325

BeachesMLS

APN: 38-43-44-22-37-000-0110

Florida Palm Beach County Lake Worth 33460 Parrot Cove

518 N Federal Hwy Unit 11, Lake Worth, FL

This home is located at 518 N Federal Hwy Unit 11, Lake Worth, FL 33460 since 24 August 2023 and is currently priced at $420,524. This property was built in 2005. 518 N Federal Hwy Unit 11 is a home located in Palm Beach County with nearby schools including Lake Worth High School, North Grade Elementary School, and Lake Worth Community 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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