NOT LISTED FOR SALE

629 Royal Palm Dr Lake Worth, FL 33460

Memorial Park Neighborhood

Estimated Value: $468,374 - $590,000

4 Beds
2 Baths
1,786 Sq Ft
$294/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $275,000 $154 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,452/month

69 Days on Market

About This Home

As of August 2019

Great income property totally renovated with new roof, new kitchens, stainless steel on one side, new updated electric panel, renovated bathrooms, freshly painted in and out, tile thru out, new water heaters. Each unit has its own laundry, separate water and electric meters. Close to I-95, downtown Lake Worth, restaurants, shopping, night life and more.Units are both rented at $1200 and $1100

Last Agent to Sell the Property

Francisco Munoz

Reliant Realty ERA Powered License #707835 Listed on: 05/08/2019

Reliant Realty ERA Powered

Last Buyer's Agent

Jerome TRANIE

Champagne & Parisi Real Estate License #3281471

Champagne & Parisi Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,851

Year Built

  • Built in 1958

Lot Details

  • 6,020 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,786 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434428100000010

Community Details

Overview

  • 2 Units
  • Royal Palm Park Subdivision

Building Details

  • Operating Expense $3,537
  • Net Operating Income $24,063

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,851

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I-95 to 6th Avenue S. East to A St. S. to Elm W. to Royal Palm Drive
  • Year Built: 1958
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1786.0

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434428100000010
  • Lot Size Sq Ft: 6020.0
  • Zoning Description: SF-7(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 24063.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 3537.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3851.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Aug 16, 2019
Sold by
Figueroa Sergio and Figueroa Isabel
Bought by
Menezes Paulo Roberto Amaral and Menezes Laura
Seller's Agent
Francisco Munoz
Reliant Realty ERA Powered
Buyer's Agent
Jerome TRANIE
Champagne & Parisi Real Estate
List Price
$289,900
Sold Price
$275,000
Premium/Discount to List
-$14,900
-5.14%
Current Estimated Value
$525,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,344
Avg. Annual Appreciation
11.04%
Original Mortgage
$206,250
Outstanding Balance
$180,637
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$344,707

Purchase Details

Listed on
Aug 13, 2018
Closed on
Aug 23, 2018
Sold by
True Haven Llc
Bought by
Figueroa Sergio
Seller's Agent
Jared Sandel
Global Luxury Realty LLC
Buyer's Agent
Isabel Delgado
Partnership Realty Inc.
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.83%

Purchase Details

Listed on
Aug 13, 2018
Closed on
Aug 9, 2018
Sold by
Desormes Jean Wilfix and Desormes Angelina Chairvoyant
Bought by
True Haven Llc
Seller's Agent
Jared Sandel
Global Luxury Realty LLC
Buyer's Agent
Isabel Delgado
Partnership Realty Inc.
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%

Purchase Details

Closed on
Jan 31, 2013
Sold by
Jeantinoble Odmar
Bought by
Desormes Jean Wilfix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,275
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2009
Sold by
Jeantinoble Odmar and Jeantinoble Marie Ange
Bought by
Jeantinoble Odmar

Purchase Details

Closed on
Apr 11, 2002
Sold by
Jeantinoble Kedel and Jeantinoble Enrique
Bought by
Jeantinoble Odmar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,362
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 2002
Sold by
Velez George L and Velez Christine
Bought by
Jeantinoble Kedel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,362
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 1999
Sold by
Mckevitt Patricia A
Bought by
Velez George L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
7.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Menezes Paulo Roberto Amaral $275,000 Boulevard Title Company
Figueroa Sergio $190,000 Omega Title Llc
True Haven Llc $150,000 Omega Title Llc
Desormes Jean Wilfix $40,000 Attorney
Jeantinoble Odmar -- Attorney
Jeantinoble Odmar -- Palm Beach Land Title Corp
Jeantinoble Kedel $106,000 --
Velez George L $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menezes Paulo Roberto Amaral $206,250
Previous Owner Desormes Jean Wilfix $39,275
Previous Owner Jeantinoble Kedel $104,362
Previous Owner Velez George L $65,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2019 08/16/19 Sold $275,000 -5.1% $154 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $289,900 +52.6% $162 / Sq Ft
08/22/2018 08/22/18 Sold $190,000 -4.5% $111 / Sq Ft View Prior Sale
08/13/2018 08/13/18 For Sale $199,000 -- $116 / 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 $8,098 $314,316 -- --
2023 $7,725 $285,742 $0 $0
2022 $6,903 $259,765 $0 $0
2021 $6,480 $253,215 $67,200 $186,015
2020 $5,895 $214,682 $67,200 $147,482
2019 $4,802 $167,517 $48,000 $119,517
2018 $3,851 $137,863 $47,087 $90,776
2017 $3,537 $117,512 $33,634 $83,878
2016 $3,252 $105,556 $0 $0
2015 $3,192 $98,479 $0 $0
2014 $2,964 $89,526 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2019

    Francisco Munoz

    Reliant Realty ERA Powered

    (561) 719-0352

    60 Total Sales

    Francisco Munoz
    Section Image
  • Jerome TRANIE

    Buyer's Agent in 2019

    Jerome TRANIE

    Champagne & Parisi Real Estate

    (561) 572-8447

    23 Total Sales

    Jerome TRANIE
    Section Image

  • J

    Seller's Agent in 2018

    Jared Sandel

    Global Luxury Realty LLC

    (305) 333-5811

    Jared Sandel
    Section Image

  • I

    Buyer's Agent in 2018

    Isabel Delgado

    Partnership Realty Inc.

    (561) 301-6437

    4 Total Sales

    Isabel Delgado
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10528745

BeachesMLS

APN: 38-43-44-28-10-000-0010

Florida Palm Beach County Lake Worth 33460 Memorial Park

629 Royal Palm Dr, Lake Worth, FL

This home is located at 629 Royal Palm Dr, Lake Worth, FL 33460 since 08 May 2019 and is currently estimated at $525,344, approximately $294 per square foot. This property was built in 1958. 629 Royal Palm Dr is a home located in Palm Beach County with nearby schools including Lake Worth High School, Barton Elementary School, and Lake Worth Community Middle School.

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.

Nearby Homes