NOT LISTED FOR SALE

624 S Palmway Lake Worth, FL 33460

South Palm Park Neighborhood

Estimated Value: $680,000 - $883,000

3 Beds
3 Baths
2,048 Sq Ft
$367/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $505,000 $247 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,998/month

Highlights

  • Wood Flooring
  • French Doors
  • 2 Car Garage
  • Separate Shower in Primary Bathroom
  • Central Heating and Cooling System
  • 5-minute walk to South Bryant Park

About This Home

As of May 2024

Wonderful three-bedroom, three-bathroom home in a prime location, completely renovated throughout. This home features an ideal floor plan suitable for a large family, an in-law setup, or working from home with a private entrance. Enjoy a fantastic kitchen and living area, while the spacious backyard is perfect for entertaining and unwinding. Located just a short distance from the park, intracoastal, and downtown amenities. Great for a variety of lifestyles!

Last Agent to Rent the Property

Robert D'Arinzo

LPT Realty, LLC License #566198 Listed on: 04/03/2024

LPT Realty, LLC

Last Renter's Agent

Jeremy Gianfagna

Capital Homes Inc License #3522814

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,719

Year Built

  • Built in 1957

Lot Details

  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,048 Sq Ft Home
  • French Doors
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Schools

  • Starlight Cove Elementary School
  • Lake Worth Middle School
  • Lake Worth High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Lake Worth Town Of Add 1 Subdivision

Listing and Financial Details

  • Property Available on 4/3/24
  • Assessor Parcel Number 38434427010090021

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,719

Year Built

Built in 1957

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water
  • Available Date: 2024-04-03

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal Hwy to 7th Ave S East to Palmway.
  • Year Built: 1957
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: French Door(s)/Atrium Door(s), Split Bedrooms, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Hardwood, Wood
  • Living Area: 2048.0

Exterior Features

  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Laundry Features: Laundry Tub
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Starlight Cove
  • High School: Lake Worth
  • Middle Or Junior School: Lake Worth

Lot Info

  • Parcel #: 38434427010090021
  • Land Lease Amount Frequency: Monthly
  • Lot Size: 1/4 to 1/2 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Dec 14, 2021
Sold by
Marjatta Karjalainen Revocable Trust
Bought by
Vikon Properties Corp
Seller's Agent
Adam Raizin
LoKation
Buyer's Agent
Adam Raizin
LoKation
List Price
$491,000
Sold Price
$505,000
Premium/Discount to List
$14,000
2.85%
Current Estimated Value
$752,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,378
Avg. Annual Appreciation
10.85%

Purchase Details

Closed on
Dec 15, 2016
Sold by
Karjalainen Marjatta
Bought by
Karjalainen Marjatta and The Marjatta Karjalainen Revocable Trust

Purchase Details

Closed on
Jul 21, 2016
Sold by
Dorie One Llc
Bought by
Karjalainen Marjatta

Purchase Details

Closed on
Nov 6, 2003
Sold by
Wagner Doris R
Bought by
Dorie One Llc

Purchase Details

Closed on
Dec 24, 1997
Sold by
Grzeczny Anatolia and Grzeczny Joseph
Bought by
Wagner Doris R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.23%
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
Vikon Properties Corp $505,000 Brownstone Title Services
Karjalainen Marjatta -- Attorney
Karjalainen Marjatta -- None Available
Karjalainen Marjatta $115,000 Standard Title Ins Agency In
Dorie One Llc -- --
Wagner Doris R $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wagner Doris R $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Rented $4,500 -6.3% --
04/03/2024 04/03/24 For Rent $4,800 +6.7% --
03/01/2024 03/01/24 Rented $4,500 -6.3% --
12/07/2023 12/07/23 For Rent $4,800 0.0% --
12/14/2021 12/14/21 Sold $505,000 +2.9% $247 / Sq Ft View Prior Sale
11/23/2021 11/23/21 For Sale $491,000 -- $240 / 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 $12,719 $548,352 -- --
2023 $11,807 $501,772 $0 $0
2022 $10,851 $456,156 $0 $0
2021 $8,408 $338,032 $182,250 $155,782
2020 $8,210 $327,417 $154,000 $173,417
2019 $8,680 $344,654 $154,000 $190,654
2018 $7,815 $315,243 $141,466 $173,777
2017 $7,482 $301,823 $134,729 $167,094
2016 $6,664 $257,358 $0 $0
2015 $6,329 $233,962 $0 $0
2014 $5,863 $212,693 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert D'Arinzo

    Landlord's Agent in 2024

    Robert D'Arinzo

    LPT Realty, LLC

    (561) 662-8370

    1 in this area

    91 Total Sales

    Robert D'Arinzo
    Section Image

  • J

    Tenant's Agent in 2024

    Jeremy Gianfagna

    Capital Homes Inc

    (561) 644-0630

    5 Total Sales

    Jeremy Gianfagna
    Section Image
  • Jason Kulp

    Buyer's Agent in 2024

    Jason Kulp

    Illustrated Properties

    (561) 810-6597

    26 Total Sales

    Jason Kulp
    Section Image

  • A

    Seller's Agent in 2021

    Adam Raizin

    LoKation

    (954) 545-5583

    2 in this area

    60 Total Sales

    Adam Raizin
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10974541

BeachesMLS

APN: 38-43-44-27-01-009-0021

Florida Palm Beach County Lake Worth 33460 South Palm Park

624 S Palmway, Lake Worth, FL

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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