702 7th Way West Palm Beach, FL 33407
Spencer Lakes NeighborhoodEstimated Value: $277,042
2
Beds
2.5
Baths
1,236
Sq Ft
$224/Sq Ft
Est. Value
Highlights
- Lake Front
- Tennis Courts
- Balcony
- Community Pool
- Breakfast Area or Nook
- Separate Shower in Primary Bathroom
About This Home
As of January 2012This townhome is tucked away on the lake and enjoys western water views from which you will see many a sunset. The unit has been impeccably maintained. Just move in and enjoy the upgrades this previous owner invested in. A stunning new kitchen has recently been put in, stainless steel appliance package, upper and lower cabinet lighting, tumbled marble backsplash and bar top. Downstairs features the living room with sliders to the fenced courtyard with hot tub, dining area, and half bath with washer/dryer. The upstairs has two bedrooms and baths. The master bedroom is a roomy 14 x 13 and showcases a huge walk-in closet and new bath with solid wood double bowl vanity, tumbled marble shower and tile floors. The master balcony looks over the enclosed court... (see supplement for full remarks)
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $919
Year Built
- Built in 1983
Lot Details
- Lake Front
HOA Fees
- $290 Monthly HOA Fees
Parking
- Assigned Parking
Interior Spaces
- 1,236 Sq Ft Home
- 2-Story Property
- Sliding Windows
Kitchen
- Breakfast Area or Nook
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
- Open Patio
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 74424301070000414
Community Details
Overview
- Association fees include common areas, cable TV, insurance, ground maintenance, pool(s), roof, sewer, trash, water
- Village Sandalwood Lakes Subdivision
Recreation
- Tennis Courts
- Community Basketball Court
- Community Pool
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2011
Closed on
Jan 20, 2012
Sold by
Kushel Gerald and Kushel Selma
Bought by
Waldron Shelley H
Seller's Agent
Erin Allen
Illustrated Properties LLC
Buyer's Agent
Lorna Hughes
Inactive member
List Price
$109,000
Sold Price
$88,000
Premium/Discount to List
-$21,000
-19.27%
Total Days on Market
112
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,042
Avg. Annual Appreciation
8.97%
Original Mortgage
$85,769
Interest Rate
4%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 9, 2003
Sold by
Mordecal Michael and Mordecal Jennifer
Bought by
Kushel Lynne
Purchase Details
Closed on
Nov 29, 2000
Sold by
Hall Richard H
Bought by
Mordecai Michael H and Mordecai Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,400
Interest Rate
7.82%
Mortgage Type
New Conventional
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Similar Homes in West Palm Beach, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Waldron Shelley H | $88,000 | Attorney | |
| Waldron Shelley H | -- | Standard Title Insurance Age | |
| Waldron Shelley H | -- | Standard Title Insurance Age | |
| Kushel Lynne | $110,000 | City Title Llc | |
| Mordecai Michael H | $70,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Waldron Shelley H | $78,500 | |
| Closed | Waldron Shelley H | $85,769 | |
| Previous Owner | Mordecai Michael H | $56,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/23/2012 01/23/12 | Sold | $88,000 | -19.3% | $71 / Sq Ft |
| 12/24/2011 12/24/11 | Pending | -- | -- | -- |
| 09/02/2011 09/02/11 | For Sale | $109,000 | -- | $88 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $1,193 | $78,656 | -- | -- |
| 2023 | $1,139 | $76,365 | $0 | $0 |
| 2022 | $1,083 | $74,141 | $0 | $0 |
| 2021 | $1,072 | $71,982 | $0 | $0 |
| 2020 | $1,052 | $70,988 | $0 | $0 |
| 2019 | $1,053 | $69,392 | $0 | $0 |
| 2018 | $939 | $68,098 | $0 | $0 |
| 2017 | $900 | $66,697 | $0 | $0 |
| 2016 | $893 | $65,325 | $0 | $0 |
| 2015 | $899 | $64,871 | $0 | $0 |
| 2014 | $902 | $64,356 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Erin Allen
Seller's Agent in 2012
Erin Allen
Illustrated Properties LLC
(561) 312-5925
136 Total Sales
-
Bo Allen
Seller Co-Listing Agent in 2012
Bo Allen
Illustrated Properties LLC
(561) 329-9997
167 Total Sales
-
L
Buyer's Agent in 2012
Lorna Hughes
Inactive member
Map
Source: BeachesMLS
MLS Number: R3222470
APN: 74-42-43-01-07-000-0414
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