$380,000
SOLD OCT 28, 2024

545 Palmetto Dr West Palm Beach, FL 33403

3 Beds
2 Baths
1,323 Sq Ft
8,011 Sq Ft Lot

Recently Sold

$287 Per Sq Ft

11% Below List Price

117 Days on Market

Highlights

  • Room in yard for a pool
  • Laundry Room
  • Central Heating and Cooling System
  • 1 Car Attached Garage
  • Terrazzo Flooring
  • Combination Kitchen and Dining Room

About This Home

As of October 2024

First time on the market! Custom built ranch home with no HOA awaits a new vision. Keep the terrazzo floors and the fun, colorful bathrooms or renovate to your liking. Home has a nice layout with 3 stacked bedrooms, 2 full baths, 2 living areas, large indoor laundry area, and 1 car garage. Roof was replaced in 2017. The large fenced backyard can accomodate a pool and is great for kids, pets, or grilling and relaxing. This great neighborhood is close to the best beaches, as well as many shopping and dining options! This is a rare opportunity to get a single family home at an affordable price!

Last Agent to Sell the Property

Brian Lazarus

Coastal Properties License #3299702 Listed on: 06/28/2024

Co-Listed By

Allyson Lazarus

Coastal Properties License #3299706

Last Buyer's Agent

Johan Nunez

Inmobiliata, LLC License #3074518

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,952

Year Built

  • Built in 1966

Lot Details

  • 8,011 Sq Ft Lot
  • Fenced
  • Property is zoned R1(cit

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,323 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Kitchen and Dining Room
  • Electric Range

Flooring

  • Carpet
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Room in yard for a pool

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 36434221031380260
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,952

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Turn south on W Jasmine Drive from Northlake Blvd and then left on Palmetto Drive. House will be on your left at 545.
  • Year Built: 1966
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Kitchen/Dining Combo, Stacked Bedrooms, Tub Shower
  • Furnished: Negotiable
  • Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Terrazzo
  • Living Area: 1323.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 1
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Fence, Room For Pool
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Sidewalks
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 36434221031380260
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 8011.0
  • Zoning Description: R1(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6952.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Oct 17, 2024
Sold by
Bonnie L Arthur Revocable Living Trust and Arthur Walter J
Bought by
545 Palmetto Llc
Seller's Agent
Brian Lazarus
Coastal Properties
Buyer's Agent
Johan Nunez
Inmobiliata, LLC
List Price
$425,000
Sold Price
$380,000
Premium/Discount to List
-$45,000
-10.59%
Views
38
Current Estimated Value
$399,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,393
Avg. Annual Appreciation
5.38%
Original Mortgage
$365,500
Outstanding Balance
$146,109
Interest Rate
6.09%
Mortgage Type
Construction
Estimated Equity
$253,284

Purchase Details

Closed on
Feb 28, 2001
Sold by
Walter J Arthur M and Arthur M Bonnie L
Bought by
Arthur Bonnie L Trust
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 Type Sale Price Title Company
Warranty Deed $380,000 Patch Reef Title
Warranty Deed $380,000 Patch Reef Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $365,500 Construction
Closed $365,500 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2024 10/28/24 Sold $380,000 -7.8% $287 / Sq Ft
09/07/2024 09/07/24 Price Changed $412,000 -3.1% $311 / Sq Ft
07/03/2024 07/03/24 For Sale $425,000 -- $321 / 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 $7,361 $306,829 -- --
2023 $6,952 $288,684 $118,000 $170,684
2022 $1,796 $98,126 $0 $0
2021 $1,726 $95,268 $0 $0
2020 $1,696 $93,953 $0 $0
2019 $1,644 $91,841 $0 $0
2018 $1,545 $90,129 $0 $0
2017 $1,543 $88,275 $0 $0
2016 $1,509 $86,459 $0 $0
2015 $1,531 $85,858 $0 $0
2014 $1,545 $85,177 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11000432

BeachesMLS

APN: 36-43-42-21-03-138-0260