NOT LISTED FOR SALE

520 N Palmway Lake Worth, FL 33460

Parrot Cove Neighborhood

Estimated Value: $479,723 - $633,000

2 Beds
1 Bath
916 Sq Ft
$599/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $261,000 $285 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,653/month

60 Days on Market

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • 1 Car Attached Garage
  • Garden View
  • Fireplace
  • Home Security System

About This Home

As of March 2017

This 1940, Frame Vernacular home has been identified by the City of Lake Worth as a historically contributing structure. The original metal shingle roof was replaced in summer 2016 with a custom fabricated metal shingle, preserving the homes integrity and meeting the requirements of the Historic Preservation Board. This charming home boasts several vintage details such as crown molding, hardwood floors, cofferred ceiling, wainscoting and more. The new roof and hurricane shutters qualify for substantial wind mitigation credit reducing the cost of Homeowners Insurance. Location, Location, Location...this home is conveniently located 5 blocks north of trendy downtown Lake Worth shops and restaurants and apprx 1 mile to the beach. Welcome home! Call the listing agent for showings!

Last Agent to Sell the Property

Janine Tompkins

Lang Realty - Boynton Beach License #684354 Listed on: 12/30/2016

Lang Realty - Boynton Beach

Last Buyer's Agent

Janine Tompkins

Lang Realty - Boynton Beach License #684354 Listed on: 12/30/2016

Lang Realty - Boynton Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,695

Year Built

  • Built in 1941

Lot Details

  • 6,750 Sq Ft Lot
  • Fenced
  • Property is zoned SF-7(c

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 916 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Sun or Florida Room
  • Wood Flooring
  • Garden Views
  • Home Security System

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • Lake Worth Town Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434421151640050

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,695

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 5 Blocks N of downtown Lake Worth, East of Federal Hwy. East on 5th Ave , Left on N Palmway to property on right. Located in Parrot Cove district.
  • Year Built: 1941
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Fireplace
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Other, Wood
  • Living Area: 916.0
  • Dining Room Type: Florida Room
  • Stories: 1

Exterior Features

  • Exterior Features: Fence
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Security: Security System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 38434421151640050
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: SF-7(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1695.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2016
Closed on
Mar 31, 2017
Sold by
Mcluglin Dana S
Bought by
Messa Charles A
Seller's Agent
Janine Tompkins
Lang Realty - Boynton Beach
Buyer's Agent
Janine Tompkins
Lang Realty - Boynton Beach
List Price
$279,900
Sold Price
$261,000
Premium/Discount to List
-$18,900
-6.75%
Current Estimated Value
$548,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,931
Avg. Annual Appreciation
9.30%

Purchase Details

Closed on
May 16, 2008
Sold by
Arnold Jeffrey L
Bought by
Mclaughlin Dana S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 1999
Sold by
Keyse Lee N and Keyse Alma
Bought by
Arnold Jeffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,050
Interest Rate
7.06%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Messa Charles A $261,000 Princeton Title & Escrow Llc
Mclaughlin Dana S $259,000 Sunbelt Title Agency
Arnold Jeffrey L $74,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclaughlin Dana S $160,477
Previous Owner Mclaughlin Dana S $171,000
Previous Owner Arnold Jeffrey L $60,000
Previous Owner Arnold Jeffrey L $65,700
Previous Owner Arnold Jeffrey L $67,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $261,000 0.0% $285 / Sq Ft
03/30/2017 03/30/17 Sold $261,000 0.0% $285 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/25/2017 02/25/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $261,000 -6.8% $285 / Sq Ft
12/30/2016 12/30/16 For Sale $279,900 -- $306 / 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 $8,017 $302,539 -- --
2023 $7,425 $275,035 $0 $0
2022 $6,603 $250,032 $0 $0
2021 $5,818 $227,302 $121,750 $105,552
2020 $5,841 $226,832 $125,000 $101,832
2019 $5,554 $213,147 $110,000 $103,147
2018 $5,431 $212,711 $100,776 $111,935
2017 $1,748 $96,863 $0 $0
2016 $1,695 $94,871 $0 $0
2015 $1,709 $93,825 $0 $0
2014 $1,707 $93,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    JANINE TOMPKINS

    LANG REALTY

See All Agents

Map

Source: BeachesMLS

MLS Number: R10294508

BeachesMLS

APN: 38-43-44-21-15-164-0050

Florida Palm Beach County Lake Worth 33460 Parrot Cove

520 N Palmway, Lake Worth, FL

This home is located at 520 N Palmway, Lake Worth, FL 33460 since 30 December 2016 and is currently estimated at $548,931, approximately $599 per square foot. This property was built in 1941. 520 N Palmway 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.

Nearby Homes