NOT LISTED FOR SALE

531 W Kalmia Dr Unit 1 West Palm Beach, FL 33403

Estimated Value: $224,000 - $241,000

2 Beds
2 Baths
824 Sq Ft
$400/mo HOA Fee

Last Sold December 13, 2019

Last sale price $155,000 $188 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,824/month

36 Days on Market

Highlights

  • Home fronts a lagoon or estuary
  • Great Room
  • Tile Flooring
  • Lagoon View
  • Patio
  • Central Heating and Cooling System

About This Home

As of December 2019

Are you looking for a completely remodeled condo on the water? Don't miss out on this tastefully done 2 bedroom, 2 bath condo with a dock. Located on the first floor of this small condo development located on the water with access to the ocean. It has everything, new tile floors throughout, new kitchen counter tops, cabinets and SS appliances. Updated baths, new AC and waterheater, new screened porch overlooking the dock. Don't miss this one!

Last Agent to Sell the Property

Laura And Michae Hepworth

SAND CASTLE HOMES REALTY License #3010673 Listed on: 10/07/2019

Last Buyer's Agent

James Oliver

Inactive member License #3407832

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,451

Year Built

  • Built in 1973

Lot Details

  • 1

HOA Fees

  • $400 Monthly HOA Fees

Interior Spaces

  • 824 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room
  • Tile Flooring
  • Lagoon Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • Home fronts a lagoon or estuary

Community Details

  • Association fees include common areas, insurance, maintenance structure, sewer, water
  • Garden Cove Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36434220080000010

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,451

Year Built

Built in 1973

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Northlake Blvd. to Jasmine to Kalmia Drive.
  • Year Built: 1973
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Stacked Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 824.0
  • Dining Room Type: Great Room
  • Stories: 2
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Lagoon
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Lagoon
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Two or More Spaces

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 400.0
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Sewer, Water

Lot Info

  • Parcel #: 36434220080000010
  • Zoning Description: R2(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2451.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Dec 13, 2019
Sold by
Karol Tatyana
Bought by
Hill Deborah Ann
Seller's Agent
Laura And Michae Hepworth
SAND CASTLE HOMES REALTY
Buyer's Agent
James Oliver
Inactive member
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Total Days on Market
36
Current Estimated Value
$230,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,790
Avg. Annual Appreciation
8.15%
Original Mortgage
$150,350
Outstanding Balance
$134,812
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$103,098

Purchase Details

Listed on
Jun 3, 2019
Closed on
Jul 19, 2019
Sold by
Secretary Of Housing & Urban Development
Bought by
Karol Tatyana
Seller's Agent
Laura And Michae Hepworth
SAND CASTLE HOMES REALTY
Buyer's Agent
Laura And Michae Hepworth
SAND CASTLE HOMES REALTY
List Price
$95,000
Sold Price
$97,600
Premium/Discount to List
$2,600
2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
217.84%

Purchase Details

Closed on
Aug 28, 2018
Sold by
Homebridge Financial Services Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 1, 2017
Bought by
Homebridge Financial Services

Purchase Details

Closed on
Jun 10, 2014
Sold by
Schmidt Kenneth
Bought by
Real Estate Mortgage Network Inc

Purchase Details

Closed on
Aug 16, 2005
Sold by
Webber Clifton K
Bought by
Ambrose Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
1.4%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 30, 2004
Sold by
Mileham Angela
Bought by
Schmidt Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 1999
Sold by
Sanders Thomas C and Sanders Carol A
Bought by
Mileham Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 1995
Sold by
Davis Linda A
Bought by
Sanders Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.35%
Source: Public Records

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Range of Values:

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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
Hill Deborah Ann $155,000 Florida Land Title Ins Llc
Karol Tatyana $97,600 Priority Title Inc
Secretary Of Housing & Urban Development -- Attorney
Homebridge Financial Services -- --
Real Estate Mortgage Network Inc $45,300 None Available
Ambrose Christopher D $245,000 --
Schmidt Kenneth $210,000 --
Mileham Angela $65,000 --
Sanders Thomas C $48,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Deborah Ann $150,350
Previous Owner Schmidt Kenneth $213,165
Previous Owner Schmidt Kenneth $210,105
Previous Owner Ambrose Christopher D $196,000
Previous Owner Schmidt Kenneth $168,000
Previous Owner Milehan Angela E $90,000
Previous Owner Mileham Angela $61,750
Previous Owner Sanders Thomas C $30,000
Closed Schmidt Kenneth $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $155,000 -6.1% $188 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $165,000 +69.1% $200 / Sq Ft
07/19/2019 07/19/19 Sold $97,600 +2.7% $118 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $95,000 -- $115 / 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 $2,389 $133,518 -- --
2023 $2,247 $129,629 $0 $0
2022 $2,239 $125,853 $0 $0
2021 $2,175 $122,187 $0 $0
2020 $2,146 $120,500 $0 $120,500
2019 $2,527 $95,000 $0 $95,000
2018 $2,451 $95,000 $0 $95,000
2017 $2,210 $85,000 $0 $0
2016 $2,144 $71,500 $0 $0
2015 $1,938 $65,000 $0 $0
2014 -- $44,387 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10567608

BeachesMLS

APN: 36-43-42-20-08-000-0010