NOT LISTED FOR SALE

518 N Federal Hwy Unit 12 Lake Worth, FL 33460

Parrot Cove Neighborhood

Estimated Value: $413,000 - $431,000

3 Beds
2.5 Baths
1,678 Sq Ft
$252/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $322,500 $192 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,971/month

11 Days on Market

Highlights

  • Water Views
  • Community Pool
  • Separate Shower in Primary Bathroom
  • Wood Flooring
  • 2 Car Attached Garage
  • Wet Bar

About This Home

As of November 2021

Centrally located Townhome with 3 Bedrooms, 2.5 Baths, 2 Car Garage is just minutes to local beaches and walking distance to Downtown Lake Worth. This CBS constructed 2 Floor townhome with Hurricane windows has been beautifully maintained with decorative finishes throughout. Tile on the 1st floor and Brazilian Koa Wood on the 2nd floor. Renovated main bathroom offers a walk in steam shower, claw foot tub, with floor to ceiling tile. The Wet bar downstairs is great for entertaining, or grabbing a drink before heading to relax at the community pool.

Last Agent to Sell the Property

Chad Prandi

Mizner Partners LLC License #3148026 Listed on: 10/08/2021

Last Buyer's Agent

Jessica Hunter

Sterling Real Estate Group LLC License #3223194

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,123

Year Built

  • Built in 2005

Lot Details

  • 1,252 Sq Ft Lot

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 1,678 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Water Views
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 38434422370000120

Community Details

Overview

  • Association fees include common areas, maintenance structure, pool(s), roof
  • Parrot Cove Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,123

Year Built

Built in 2005

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: N Federal Highway, North of Lucerne Ave between 5 Ave N and 6 Ave N. on east Side of Federal.
  • Year Built: 2005
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Living/Dining Room, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1678.0
  • Dining Room Type: Family Room
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat, Tile

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 220.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Structure, Pool(s), Roof

Lot Info

  • Parcel #: 38434422370000120
  • Lot Size Sq Ft: 1252.0
  • Zoning Description: MU-FH(
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2123.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 19, 2021
Sold by
Steiner Matthew B
Bought by
Anderson Melanie
Seller's Agent
Chad Prandi
Mizner Partners LLC
Buyer's Agent
Jessica Hunter
Sterling Real Estate Group LLC
List Price
$349,900
Sold Price
$322,500
Premium/Discount to List
-$27,400
-7.83%
Current Estimated Value
$423,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,704
Avg. Annual Appreciation
7.14%
Original Mortgage
$256,000
Outstanding Balance
$234,904
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$188,300

Purchase Details

Closed on
Jun 15, 2017
Sold by
Steiner Matthew B and Gyzy Binnatova Irada Binnat
Bought by
Steinersteiner Matthew B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2008
Sold by
Accredited Home Lenders Inc
Bought by
Steiner Matthew B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,043
Interest Rate
6.01%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2008
Sold by
Gurne Todd D
Bought by
Accredited Home Lenders Inc

Purchase Details

Closed on
Jun 17, 2005
Sold by
Allen Steven C
Bought by
Gurne Todd D and Gurne Georgiana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 28, 2005
Sold by
Parrot Cove Llc
Bought by
Allen Steven C

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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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
Anderson Melanie $322,500 Titleworks Inc
Steinersteiner Matthew B -- Attorney
Steiner Matthew B $170,000 Attorney
Accredited Home Lenders Inc -- None Available
Gurne Todd D $320,000 --
Allen Steven C $257,000 Standard Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Melanie $256,000
Previous Owner Steinersteiner Matthew B $144,500
Previous Owner Steiner Matthew B $174,043
Previous Owner Gurne Todd D $288,000
Previous Owner Allen Steven C $205,600
Closed Allen Steven C $25,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $322,500 -7.8% $192 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $349,900 -- $209 / 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 $6,386 $309,000 -- --
2023 $6,170 $300,000 $0 $300,000
2022 $6,717 $277,560 $0 $0
2021 $2,148 $116,542 $0 $0
2020 $2,123 $114,933 $0 $0
2019 $2,071 $112,349 $0 $0
2018 $1,973 $110,254 $0 $0
2017 $1,931 $107,986 $0 $0
2016 $1,871 $105,765 $0 $0
2015 $1,899 $105,030 $0 $0
2014 $1,895 $104,196 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Prandi

    Seller's Agent in 2021

    Chad Prandi

    Mizner Partners LLC

    (561) 333-3782

    1 in this area

    37 Total Sales

    Chad Prandi
    Section Image
  • Jessica Hunter

    Buyer's Agent in 2021

    Jessica Hunter

    Sterling Real Estate Group LLC

    (407) 491-3104

    1 in this area

    11 Total Sales

    Jessica Hunter
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10750758

BeachesMLS

APN: 38-43-44-22-37-000-0120

Florida Palm Beach County Lake Worth 33460 Parrot Cove

518 N Federal Hwy Unit 12, Lake Worth, FL

This home is located at 518 N Federal Hwy Unit 12, Lake Worth, FL 33460 since 08 October 2021 and is currently estimated at $423,204, approximately $252 per square foot. This property was built in 2005. 518 N Federal Hwy Unit 12 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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