NOT LISTED FOR SALE

529 S Palmway Lake Worth, FL 33460

South Palm Park Neighborhood

Estimated Value: $510,000 - $816,000

3 Beds
2 Baths
1,294 Sq Ft
$503/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $520,000 $402 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,249/month

30 Days on Market

Highlights

  • Maid or Guest Quarters
  • High Ceiling
  • Workshop
  • Attic
  • Furnished
  • 4-minute walk to South Bryant Park

About This Home

As of March 2021

Magazine-Worthy Key West-Style Coastal Cottage in the BEST location in Lake Worth Beach! 2/1 main house with a studio guesthouse, both beautifully remodeled in a modern coastal-farmhouse design. Fully-furnished plus bonus tiny house! Main house features a bright open-concept design, tons of natural light and 9' ceilings. Chefs kitchen w/ KitchenAid Commercial appliances and quartz counters. Huge covered patio off of kitchen. Impact windows, crown molding, custom closet built-ins, craftsman barn doors, Nest system. Large tropical lot w/ landscape lighting, fire pit, fountains, and outdoor shower. Located in highly desirable South Palm Park, 1 block to Bryant Park, 1 mi to the beach. Live nearly mortgage-free renting the guesthouse on Airbnb with $20k annual revenue, or great office/studio.

Last Agent to Sell the Property

Charles Hoover

Inactive Member License #3431994 Listed on: 01/17/2021

Last Buyer's Agent

Michael Cuevas

Acquire Palm Beach LLC License #3172647

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,667

Year Built

  • Built in 1928

Lot Details

  • 7,501 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Sprinkler System

Parking

  • Driveway

Home Design

  • Studio
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,294 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • High Ceiling
  • Fireplace
  • Blinds
  • Open Floorplan
  • Workshop
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Closet Cabinetry
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • The lake is a source of water for the property
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434427010030160

Community Details

Overview

  • South Palm Park Subdivision

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,667

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From I95 - Exit 63 (6th Ave S), East on 6th Ave S, Cross Federal Hwy, Left on S Palmway, U-turn at 5th Ave S, 529 S Palmway is on right.
  • Year Built: 1928
  • Architectural Style: One Story
  • Carport Y N: No
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Built-in Features, Bedroom on Main Level, Closet Cabinetry, Eat-in Kitchen, Family/Dining Room, First Floor Entry, Fireplace, High Ceilings, Kitchen Island, Kitchen/Dining Combo, Main Level Master, Attic, Workshop
  • Main Level Bedrooms: 3
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Living Area: 1294.0
  • Dining Room Type: Attic, Guest Quarters, In-Law Suite, Studio, Workshop
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Barbecue, Fence, Security/High Impact Doors, Lighting, Outdoor Shower, Patio, Shed
  • View: None
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: No
  • Waterfront: No
  • Disclosures: Historical, Owner Is Listing Agent, Pet on Property
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Other Structures: Apartment, Guest House
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Lake, Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Playground, Park, Street Lights
  • Senior Community: No

Lot Info

  • Parcel #: 38434427010030160
  • Lot Size Sq Ft: 7501.0
  • Zoning Description: SFR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5667.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2021
Closed on
Mar 19, 2021
Sold by
Hoover Charles and Hoover Stephanie
Bought by
Williams Bethany and Williams Aidan
Seller's Agent
Charles Hoover
Inactive Member
Buyer's Agent
Michael Cuevas
Acquire Palm Beach LLC
List Price
$529,000
Sold Price
$520,000
Premium/Discount to List
-$9,000
-1.7%
Current Estimated Value
$651,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,157
Avg. Annual Appreciation
4.97%
Original Mortgage
$492,907
Outstanding Balance
$442,081
Interest Rate
2.73%
Mortgage Type
FHA
Estimated Equity
$209,076

Purchase Details

Closed on
Oct 26, 2019
Sold by
Hoover Charles M and Hoover Sthphane Boyle
Bought by
Hoover Charles M and Hoover Stephanie Boyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2018
Closed on
Apr 24, 2018
Sold by
Hoffman William
Bought by
Hoover Charles M
Seller's Agent
Lori Principe
Douglas Elliman
List Price
$329,000
Sold Price
$325,000
Premium/Discount to List
-$4,000
-1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$322,716
Interest Rate
4.45%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 12, 2013
Closed on
Apr 19, 2013
Sold by
Franza Cristovao
Bought by
Hoffman William
Seller's Agent
Cory Ferguson
Balistreri Real Estate Inc
Buyer's Agent
Carolyn McGonigle
Berkshire Hathaway Florida Realty
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$156,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2011
Sold by
Mcdonough John J and Ziegenfuss Elizabeth
Bought by
Franza Cristovao Maciel

Purchase Details

Closed on
Apr 11, 2006
Sold by
Mcdonough John J
Bought by
Mcdonough John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 10, 2006
Sold by
Ziegenfuss Mary L
Bought by
Mcdonough John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 15, 2004
Sold by
Tanja Roynards William J and Tanja Roynards
Bought by
Ziegenfuss Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2003
Sold by
Applegate Sharon K
Bought by
Royaards Willem J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,700
Interest Rate
6%

Purchase Details

Closed on
Nov 24, 1998
Sold by
Irene Donald and Irene Laroche
Bought by
Applegate Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,082
Interest Rate
6.47%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 1998
Sold by
Jeffreys Shirley G
Bought by
Laroche Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
7.14%
Mortgage Type
New Conventional
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
Williams Bethany $520,000 Title Brothers Llc
Hoover Charles M -- Attorney
Hoover Charles M $325,000 Aventura Title Group
Hoffman William $216,000 Sunbelt Title Agency
Franza Cristovao Maciel $133,000 Mason Title Company Inc
Mcdonough John J -- None Available
Mcdonough John J $295,000 None Available
Ziegenfuss Mary L $295,000 Unlimited Title Corporation
Royaards Willem J $235,000 Standard Title Ins Agency In
Applegate Sharon K $118,500 --
Laroche Donald $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Bethany $492,907
Previous Owner Hoover Charles M $331,000
Previous Owner Hoover Charles M $322,716
Previous Owner Hoffman William $156,000
Previous Owner Mcdonough John J $236,000
Previous Owner Ziegenfuss Mary L $236,000
Previous Owner Royaards Willem J $152,700
Previous Owner Laroche Donald $27,300
Previous Owner Laroche Donald $115,082
Previous Owner Laroche Donald $75,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2021 03/19/21 Sold $520,000 -1.7% $402 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
01/17/2021 01/17/21 For Sale $529,000 +62.8% $409 / Sq Ft
04/30/2018 04/30/18 Sold $325,000 -1.2% $251 / Sq Ft View Prior Sale
03/31/2018 03/31/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $329,000 +40.0% $254 / Sq Ft
05/25/2013 05/25/13 Sold $235,000 -4.1% $182 / Sq Ft View Prior Sale
04/25/2013 04/25/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $245,000 -- $189 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $9,891 $441,048 -- --
2023 $9,550 $428,202 $0 $0
2022 $9,387 $415,730 $0 $0
2021 $5,447 $236,155 $0 $0
2020 $5,399 $232,894 $110,000 $122,894
2019 $5,667 $243,125 $110,000 $133,125
2018 $6,135 $225,518 $102,884 $122,634
2017 $5,914 $216,001 $97,985 $118,016
2016 $5,783 $212,987 $0 $0
2015 $5,589 $199,217 $0 $0
2014 $5,232 $182,109 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Charles Hoover

    Inactive Member

  • Michael Cuevas

    Buyer's Agent in 2021

    Michael Cuevas

    Acquire Palm Beach LLC

    (561) 279-3333

    4 in this area

    78 Total Sales

    Michael Cuevas
    Section Image
  • Lori Principe

    Seller's Agent in 2018

    Lori Principe

    Douglas Elliman

    (561) 880-7683

    5 Total Sales

    Lori Principe
    Section Image

  • E

    Seller Co-Listing Agent in 2018

    Erin Costa

    Security American Realty, Inc.

  • C

    Seller's Agent in 2013

    Cory Ferguson

    Balistreri Real Estate Inc

    (561) 714-5195

    6 Total Sales

    Cory Ferguson
    Section Image

  • C

    Buyer's Agent in 2013

    Carolyn McGonigle

    Berkshire Hathaway Florida Realty

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10266991

BeachesMLS (Greater Fort Lauderdale)

APN: 38-43-44-27-01-003-0160

Florida Palm Beach County Lake Worth 33460 South Palm Park

529 S Palmway, Lake Worth, FL

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