NOT LISTED FOR SALE

518 N Federal Hwy Unit 2 Lake Worth, FL 33460

Parrot Cove Neighborhood

Estimated Value: $412,000 - $422,000

3 Beds
2.5 Baths
1,678 Sq Ft
$249/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $399,000 $238 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,984/month

19 Days on Market

Highlights

  • Water Views
  • Den
  • Porch
  • Vaulted Ceiling
  • Breakfast Area or Nook
  • 2 Car Attached Garage

About This Home

As of December 2023

WELL MAINTAINED SOLID CBS TOWNHOME WITH IMPACT WINDOWS, COMMUNITY POOL, LAUNDRY UPSTAIRS, NEWER APPLIANCES, AND PRIVATE BACKYARD SPACE. THIS SPACIOUS 3BR/2.5BA UNIT HAS 10' CEILINGS, LARGE PORCELAIN TILE FLOORS, OPEN FLOORPLAN, LOADS OF STORAGE, AND A 2-CAR GARAGE. RELAX IN YOUR PRIVATE BACKYARD SPACE, TAKE A DIP IN THE COMMUNITY'S TROPICAL POOL, OR TAKE A SHORT DRIVE (5 MINUTES) TO THE LAKE WORTH BEACH. IDEALLY LOCATED JUST 4 BLOCKS FROM DT LAKE WORTH BEACH, 1[MILE TO THE BEACH, AND 12 MINUTES TO AN INTERNATIONAL AIRPORT.

Last Agent to Sell the Property

brian gleason

The Corcoran Group License #706766 Listed on: 12/09/2023

The Corcoran Group

Last Buyer's Agent

Alexis King

Douglas Elliman License #3419805

Douglas Elliman

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,209

Year Built

  • Built in 2005

Lot Details

  • 1,407 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $268 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Water
  • Garden

Home Design

  • Concrete Roof

Interior Spaces

  • 1,678 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Family Room
  • Combination Kitchen and Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434422370000020

Community Details

Overview

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

Security

  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,209

Year Built

Built in 2005

Lot Details

0

HOA Fees

$268 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: North Federal Hwy in Lake Worth Beach to 5th Avenue N. Unit #2
  • Year Built: 2005
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dual Sinks, Kitchen/Dining Combo, Split Bedrooms, Separate Shower, Vaulted Ceiling(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1678.0
  • Dining Room Type: Den, Family Room, Laundry, Storage Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Porch
  • View: Garden, Water
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, On Street, Two or More Spaces, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 268.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Parcel #: 38434422370000020
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 1407.0
  • Zoning Description: MU-FH(
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4209.0

Multi Family

  • Number Of Units In Community: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2017
Closed on
Dec 5, 2017
Sold by
Bezanill Patricia and Duenas Edgar
Bought by
Kennett Paul J and Kennett Collette S
Seller's Agent
Steven Miller
Steven Miller Real Estate Inc.
Buyer's Agent
Matthew Grant
Inactive Member
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%
Current Estimated Value
$417,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,872
Avg. Annual Appreciation
8.30%
Original Mortgage
$220,924
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 2011
Sold by
Deutsche Bank Trust Company Americas
Bought by
Bezanilla Patricia and Duenas Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,733
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2011
Sold by
Pnc Bank National Association
Bought by
Deutsche Bank Trust Company Americas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,733
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2011
Sold by
Viergever William
Bought by
National City Mortgage Co

Purchase Details

Closed on
Mar 10, 2006
Sold by
Viergever William
Bought by
Viergever William and Iversen Dan Tore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,800
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 11, 2005
Sold by
Parrot Cove Llc
Bought by
Lang Joseph W and Lang Rhonda Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,800
Interest Rate
5.25%
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
Kennett Paul J $225,000 First Intl Title Inc
Bezanilla Patricia $124,900 Attorney
Deutsche Bank Trust Company Americas -- Attorney
National City Mortgage Co $84,400 None Available
Viergever William -- American Guardian Title Inc
Viergever William $331,000 American Guardian Title Inc
Lang Joseph W $232,000 Standard Title Ins Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Ryan $319,200
Closed Kennett Paul J $220,924
Previous Owner Bezanilla Patricia $121,733
Previous Owner Viergever William $264,800
Previous Owner Viergever William $66,200
Previous Owner Lang Joseph W $208,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $399,000 0.0% $238 / Sq Ft
12/09/2023 12/09/23 For Sale $399,000 +77.3% $238 / Sq Ft
12/05/2017 12/05/17 Sold $225,000 -6.3% $134 / Sq Ft
11/05/2017 11/05/17 Pending -- -- --
07/30/2017 07/30/17 For Sale $240,000 -- $143 / 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 $5,478 $267,952 -- --
2023 $4,209 $211,945 $0 $0
2022 $4,118 $205,772 $0 $0
2021 $4,095 $199,779 $0 $0
2020 $4,057 $197,021 $0 $0
2019 $3,979 $192,591 $0 $0
2018 $3,804 $189,000 $0 $189,000
2017 $4,121 $186,000 $0 $0
2016 $3,848 $135,520 $0 $0
2015 $3,611 $123,200 $0 $0
2014 $3,075 $112,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • brian gleason

    Seller's Agent in 2023

    brian gleason

    The Corcoran Group

    (561) 315-4020

    21 in this area

    55 Total Sales

    brian gleason
    Section Image

  • A

    Buyer's Agent in 2023

    Alexis King

    Douglas Elliman

    (904) 576-3797

    1 in this area

    20 Total Sales

    Alexis King
    Section Image

  • S

    Seller's Agent in 2017

    Steven Miller

    Steven Miller Real Estate Inc.

    (561) 533-9993

    13 Total Sales

    Steven Miller
    Section Image

  • M

    Buyer's Agent in 2017

    Matthew Grant

    Inactive Member

See All Agents

Map

Source: BeachesMLS

MLS Number: R10941995

BeachesMLS

APN: 38-43-44-22-37-000-0020

Florida Palm Beach County Lake Worth 33460 Parrot Cove

518 N Federal Hwy Unit 2, Lake Worth, FL

This home is located at 518 N Federal Hwy Unit 2, Lake Worth, FL 33460 since 09 December 2023 and is currently estimated at $417,872, approximately $249 per square foot. This property was built in 2005. 518 N Federal Hwy Unit 2 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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