NOT LISTED FOR SALE

520 Teak Dr West Palm Beach, FL 33403

Estimated Value: $412,583 - $466,000

3 Beds
2 Baths
1,144 Sq Ft
$384/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $212,000 $185 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,641/month

91 Days on Market

Highlights

  • Fruit Trees
  • Patio
  • Central Heating and Cooling System
  • Attached Garage
  • 1 Attached Carport Space
  • Family Room

About This Home

As of November 2016

Come and see this home in a desirable location just steps from Northlake blvd. Home features new laminate floors, updated baths, fresh paint, new carpet, new washer/dryer, lush tropical backyard, Commercial coating in the carport and laundry room, and the list goes on.

Last Agent to Sell the Property

Laura Lumbra

Hunters Palm Beach Realty, LLC License #3352435 Listed on: 07/30/2016

Co-Listed By

Dan Lumbra

Hunters Palm Beach Realty, LLC License #3039807

Last Buyer's Agent

Matthias Fretz

Douglas Elliman (Jupiter) License #3283808

Douglas Elliman (Jupiter)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,179

Year Built

  • Built in 1963

Lot Details

  • 8,282 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Sprinkler System
  • Fruit Trees
  • Property is zoned R1(cit

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • 1 Attached Carport Space

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Lake Park Add 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36434221031360060

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,179

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Northlake blvd to Crescent Drive, Right on Teak and property is on the left.
  • Year Built: 1963
  • Carport Y N: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate
  • Living Area: 1144.0
  • Dining Room Type: Family Room
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Patio
  • Lot Features: Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Patio

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Attached Carport, Attached, Garage

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 36434221031360060
  • Lot Size Sq Ft: 8282.0
  • Zoning Description: R1(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3179.0

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2016
Closed on
Nov 9, 2016
Sold by
520 Teak Llc
Bought by
Hammett Alexis D and Hammett Katherine
Seller's Agent
Laura Lumbra
Hunters Palm Beach Realty, LLC
Buyer's Agent
Matthias Fretz
Douglas Elliman (Jupiter)
List Price
$225,000
Sold Price
$212,000
Premium/Discount to List
-$13,000
-5.78%
Current Estimated Value
$423,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,276
Avg. Annual Appreciation
8.36%
Original Mortgage
$206,196
Outstanding Balance
$172,471
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$253,766

Purchase Details

Closed on
Jul 3, 2013
Sold by
1742 E Road Llc
Bought by
520 Teak Llc

Purchase Details

Listed on
Dec 6, 2011
Closed on
Jan 25, 2012
Sold by
Deutsche Bank Trust Company Americas
Bought by
1742 E Road Llc
Seller's Agent
Joseph Bettag, P.A.
Coastal Properties
Buyer's Agent
Dan Lumbra
Hunters Palm Beach Realty, LLC
List Price
$74,900
Sold Price
$78,900
Premium/Discount to List
$4,000
5.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.29%

Purchase Details

Closed on
Jul 15, 2011
Sold by
Louis Wilsone and Louis Julia
Bought by
Deutsche Bank Trust Company

Purchase Details

Closed on
Jul 13, 2005
Sold by
Turner Stephen L
Bought by
Louis Wilsone and Vincent Jean Baptiste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 30, 1994
Sold by
Janes Christopher Scott and Janes Cathy Dee
Bought by
Turner Stephen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,100
Interest Rate
9.26%
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
Hammett Alexis D $212,000 None Available
520 Teak Llc -- Attorney
1742 E Road Llc $78,900 Multiple
Deutsche Bank Trust Company $101,700 None Available
Louis Wilsone $248,000 --
Turner Stephen L $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammett Alexis D $206,196
Previous Owner Louis Wilsone $223,200
Previous Owner Turner Stephen L $64,914
Previous Owner Turner Stephen L $73,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2016 11/29/16 Sold $212,000 -5.8% $185 / Sq Ft
10/30/2016 10/30/16 Pending -- -- --
07/30/2016 07/30/16 For Sale $225,000 0.0% $197 / Sq Ft
06/11/2014 06/11/14 Rented $1,400 -6.7% --
05/12/2014 05/12/14 Under Contract -- -- --
04/09/2014 04/09/14 For Rent $1,500 0.0% --
02/08/2012 02/08/12 Sold $78,900 +5.3% $69 / Sq Ft
01/09/2012 01/09/12 Pending -- -- --
12/06/2011 12/06/11 For Sale $74,900 -- $65 / 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 $3,886 $182,319 -- --
2023 $3,711 $177,009 $0 $0
2022 $3,400 $171,853 $0 $0
2021 $3,321 $166,848 $0 $0
2020 $3,282 $164,544 $0 $0
2019 $3,209 $160,845 $0 $0
2018 $3,044 $157,846 $0 $0
2017 $3,075 $154,599 $48,531 $106,068
2016 $3,436 $119,490 $0 $0
2015 $3,179 $108,627 $0 $0
2014 $2,958 $98,752 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Laura Lumbra

    Hunters Palm Beach Realty, LLC

  • D

    Seller Co-Listing Agent in 2016

    Dan Lumbra

    Hunters Palm Beach Realty, LLC

    (561) 851-4363

    22 Total Sales

    Section Image
  • Matthias Fretz

    Buyer's Agent in 2016

    Matthias Fretz

    Douglas Elliman (Jupiter)

    (561) 315-9386

    2 in this area

    218 Total Sales

    Section Image

  • A

    Buyer's Agent in 2014

    Andree Bogues

    Reliant Realty ERA Powered

    (561) 969-3004

    6 Total Sales

    Section Image

  • J

    Seller's Agent in 2012

    Joseph Bettag, P.A.

    Coastal Properties

See All Agents

Map

Source: BeachesMLS

MLS Number: R10255052

BeachesMLS

APN: 36-43-42-21-03-136-0060

Florida Palm Beach County West Palm Beach 33403

520 Teak Dr, West Palm Beach, FL

This home is located at 520 Teak Dr, West Palm Beach, FL 33403 since 30 July 2016 and is currently estimated at $439,146, approximately $383 per square foot. This property was built in 1963. 520 Teak Dr is a home located in Palm Beach County with nearby schools including The Conservatory School at North Palm Beach, Palm Beach Gardens Community High School, and Palm Beach Christian Academy - Lake Park.

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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