NOT LISTED FOR SALE

518 N Federal Hwy Unit 17 Lake Worth, FL 33460

Parrot Cove Neighborhood

Estimated Value: $421,482 - $503,000

3 Beds
2.5 Baths
1,678 Sq Ft
$266/Sq Ft Est. Value

Last Sold July 18, 2019

Last sale price $261,500 $156 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,037/month

55 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • Furnished
  • Vaulted Ceiling
  • Pool View
  • Community Pool

About This Home

As of July 2019

Stunning CORNER unit, Very updated town home, with a great view of the pool and lots of natural lighting. The 1st floor has tile on the diagonal, granite kitchen, and wood cabinets. Bamboo stairs and landing, Beautifully painted thru-out. Accented with Thick Crown Molding in all rooms including the bathroom. 2012 AC with molding inhibitor, Central Vacuum, 2013 Front Load LG Washer/Dryer, Ethan Allen and Pottery Barn light fixtures. Corner unit allowing for extra windows and lots of natural light in the unit. Impact windows and 2 car garage with additional added storage space built above car height. 1 1/2 miles to the Beach and walking distance to downtown Lake Worth. Beautifully kept community with a Climate Controlled Pool and Low HOA fees. Furniture available for sale, list available.

Last Agent to Sell the Property

Kathryn Turner

MMLS Assoc.-Inactive Member License #3381577 Listed on: 03/25/2019

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,651

Year Built

  • Built in 2005 | Newly Remodeled

Lot Details

  • West Facing Home

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Open Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,678 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Furnished
  • Vaulted Ceiling
  • Awning
  • Entrance Foyer
  • Pool Views
  • Security Fence, Lighting or Alarms

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 38434422370000170

Community Details

Overview

  • Parrot Cove Condos
  • Parrot Cove Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Clear Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,651

Year Built

Built in 2005 | Newly Remodeled

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Townhouse
  • Architectural Style: Corner Unit
  • Directions: Federal hwy, 5 blocks north of Lucerne, East side.
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: Parrot Cove
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer, Stacked Bedroom, Volume Ceilings, Walk-In Closet(s), Utility Room/Laundry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Carpet, Wood
  • Furnished: Furnished
  • Living Area: 1678
  • Other Equipment: Automatic Garage Door Opener, Central Vacuum
  • Possible Use: Primary
  • Stories: 2
  • Window Features: Clear Impact Glass
  • Bedroom Features: Master Bedroom Upstairs
  • Living Room Features: Utility Room/Laundry

Exterior Features

  • View: Pool Area View
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Patio And Porch Features: Awning(s)
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Parrot Cove
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Guest, Open

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Unit Alarm

Condo/Co-op/Association

  • Association Fee: 220
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 38434422370000170
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2651

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
Jul 18, 2019
Sold by
Makela Stephen J and Makela Julia C
Bought by
Penkowski Nicole Marie
Seller's Agent
Kathryn Turner
MMLS Assoc.-Inactive Member
List Price
$269,000
Sold Price
$261,500
Premium/Discount to List
-$7,500
-2.79%
Current Estimated Value
$442,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,433
Avg. Annual Appreciation
8.28%
Original Mortgage
$232,875
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Listed on
Jun 7, 2015
Closed on
Aug 7, 2015
Sold by
Sneath Timothy
Bought by
Makela Stephen J and Makela Julia C
Seller's Agent
Diane Keane
Coldwell Banker Realty /Delray Beach
Buyer's Agent
Lina Valery
Inactive member
List Price
$245,000
Sold Price
$230,000
Premium/Discount to List
-$15,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%
Original Mortgage
$212,657
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2010
Sold by
Us Bank National Association
Bought by
Sneath Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,474
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 12, 2009
Sold by
Kebe Keith A and Scordo Maria
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 21, 2005
Sold by
Parrott Cove Llc
Bought by
Kebe Keith A and Scordo Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Penkowski Nicole Marie $261,500 Florida Ttl & Guarantee Agcy
Makela Stephen J $230,000 Independence Title Ins Agenc
Sneath Timothy $133,900 Servicelink
Us Bank National Association -- None Available
Kebe Keith A $238,000 Standard Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penkowski Nicole Marie $226,275
Closed Penkowski Nicole Marie $232,875
Previous Owner Makela Stephen J $57,000
Previous Owner Makela Stephen J $167,000
Previous Owner Makela Stephen J $212,657
Previous Owner Sneath Timothy $131,474
Previous Owner Kebe Keith A $100,000
Previous Owner Kebe Keith A $190,400
Closed Kebe Keith A $23,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2019 07/18/19 Sold $261,500 -0.9% $156 / Sq Ft
05/18/2019 05/18/19 Pending -- -- --
05/13/2019 05/13/19 Price Changed $264,000 -1.9% $157 / Sq Ft
03/24/2019 03/24/19 For Sale $269,000 +17.0% $160 / Sq Ft
08/07/2015 08/07/15 Sold $230,000 -6.1% $137 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
06/07/2015 06/07/15 For Sale $245,000 -- $146 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $4,844 $239,307 -- --
2023 $4,663 $232,337 $0 $0
2022 $4,567 $225,570 $0 $0
2021 $4,544 $219,000 $0 $219,000
2020 $5,460 $214,000 $0 $214,000
2019 $2,777 $142,068 $0 $0
2018 $2,651 $139,419 $0 $0
2017 $2,593 $136,551 $0 $0
2016 $2,511 $133,742 $0 $0
2015 $1,949 $107,173 $0 $0
2014 $1,946 $106,322 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10644034

MIAMI REALTORS® MLS

APN: 38-43-44-22-37-000-0170