NOT LISTED FOR SALE

563 Palmetto Dr West Palm Beach, FL 33403

Estimated Value: $457,000 - $506,000

3 Beds
2 Baths
1,345 Sq Ft
$364/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $400,000 $297 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,301/month

15 Days on Market

Highlights

  • Water Views
  • Room in yard for a pool
  • Porch
  • Fruit Trees
  • Breakfast Area or Nook
  • 1 Car Attached Garage

About This Home

As of July 2021

Own this rare find, a fully renovated gem less than 15 minutes from the best beaches in Palm Beach County! This home has been completely updated with all new flooring, granite countertops, new light fixtures, and custom finishes throughout. The expansive back yard features lush landscaping and a fruit bearing avocado tree. The home was meticulously remodeled to feature an updated design with a light and airy open concept layout. The property is effortlessly secured during storm season with complete impact glass. The beautiful exterior paint job was completed June of 2021 and the new roof, electric and AC updates were all completed in 2016. Move right in and start enjoying this space for summer.

Last Agent to Sell the Property

Alexis King

Douglas Elliman License #3419805 Listed on: 06/10/2021

Douglas Elliman

Last Buyer's Agent

Jonathan Davison

Tide Realty LLC License #3208205

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,961

Year Built

  • Built in 1968

Lot Details

  • 8,378 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Fruit Trees
  • Property is zoned R1(cit

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,345 Sq Ft Home
  • 1-Story Property
  • Awning
  • Family Room
  • Combination Kitchen and Dining Room
  • Ceramic Tile Flooring
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Lights
  • Closed Circuit Camera
  • Motion Detectors
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Room in yard for a pool
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36434221031380290

Community Details

Overview

  • Lake Park Add 3 Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,961

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: East on Northlake to Crescent, then to Palmetto
  • Year Built: 1968
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Area, Eat-in Kitchen, Kitchen/Dining Combo, Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1345.0
  • Dining Room Type: Family Room
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Awning(s), Fence, Fruit Trees, Porch, Patio, Room For Pool
  • View: Water
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Open Parking: Yes
  • Parking Features: Attached, Garage, Open, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Closed Circuit Camera(s), Motion Detectors, Security Lights, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 36434221031380290
  • Lot Size Sq Ft: 8378.0
  • Zoning Description: R1(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3961.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 26, 2021
Sold by
Sookal Kerrie Jorden Sharmeen
Bought by
Siklich Brian
Seller's Agent
Alexis King
Douglas Elliman
Buyer's Agent
Jonathan Davison
Tide Realty LLC
List Price
$385,000
Sold Price
$400,000
Premium/Discount to List
$15,000
3.9%
Current Estimated Value
$489,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,625
Avg. Annual Appreciation
5.03%
Original Mortgage
$380,000
Outstanding Balance
$346,435
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$143,190

Purchase Details

Listed on
Sep 8, 2016
Closed on
Mar 14, 2017
Sold by
Lucrative Alliances Llc
Bought by
Sharmeen Sooklal Kerri Jordan
Seller's Agent
Lisa Bowden
Sutter & Nugent LLC
Buyer's Agent
Manuela Yanez
William Raveis Real Estate
List Price
$299,999
Sold Price
$248,500
Premium/Discount to List
-$51,499
-17.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Original Mortgage
$236,075
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 28, 2015
Closed on
Apr 21, 2016
Sold by
Ward Heary J
Bought by
Lucrative Altiances Llc
Seller's Agent
Ceairra Funk
Inactive Member
Buyer's Agent
Ceairra Funk
Inactive Member
List Price
$60,000
Sold Price
$66,200
Premium/Discount to List
$6,200
10.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
334.81%

Purchase Details

Closed on
Dec 19, 2014
Sold by
Babcock Trudy W and Ward Henry J
Bought by
Babcock Trudy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
2.91%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 7, 1993
Sold by
Gray Christine E and Gollhofer Trudy W
Bought by
Babcock Trudy W and Gollhofer Trudy W
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
Siklich Brian $400,000 Pegasus Title Services Llc
Sharmeen Sooklal Kerri Jordan $248,500 First American Title Ins Co
Lucrative Altiances Llc $66,200 Attorney
Babcock Trudy W -- Fnc Title Services Llc
Babcock Trudy W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siklich Brian $380,000
Previous Owner Sooklal Jerrie J $229,500
Previous Owner Sharmeen Sooklal Kerri Jordan $236,075
Previous Owner Babcock Trudy W $199,500
Previous Owner Babcock Trudy W $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $400,000 +3.9% $297 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $385,000 +54.9% $286 / Sq Ft
03/17/2017 03/17/17 Sold $248,500 -17.2% $178 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
09/08/2016 09/08/16 For Sale $299,999 +353.2% $214 / Sq Ft
04/21/2016 04/21/16 Sold $66,200 +10.3% $50 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
11/28/2015 11/28/15 For Sale $60,000 -- $45 / 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 $7,851 $372,798 -- --
2023 $7,603 $361,940 $0 $0
2022 $7,280 $351,398 $0 $0
2021 $4,005 $197,736 $0 $0
2020 $3,961 $195,006 $0 $0
2019 $3,880 $190,622 $0 $0
2018 $3,686 $187,068 $57,267 $129,801
2017 $4,375 $168,710 $48,531 $120,179
2016 $3,636 $131,296 $0 $0
2015 $1,586 $87,569 $0 $0
2014 $1,588 $86,874 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10722963

BeachesMLS

APN: 36-43-42-21-03-138-0290