7106 71st Way West Palm Beach, FL 33407
Spencer Lakes NeighborhoodEstimated Value: $275,000 - $285,000
2
Beds
2.5
Baths
1,236
Sq Ft
$226/Sq Ft
Est. Value
Highlights
- Lake Front
- Community Pool
- Ceramic Tile Flooring
- Clubhouse
- Walk-In Closet
- Central Heating and Cooling System
About This Home
As of May 2022Investment Alert! Highly sought after DiVosta four-plex or Quad. These townhomes are a staple of palm beach county real estate. If you are in the market looking for a real estate investment or a place to call home, look no further than 7106 71st. This 2 bedroom 2.5 bath quaint low maintenance townhouse is close to everything in West Palm Beach and is move-in ready! Whether you are looking to rent out for great income-producing potential or to occupy yourself, this townhouse is located near great schools and activities like The Ballpark of the Palm Beaches.
Last Agent to Sell the Property
Tout Soleil LLC License #3337095 Listed on: 05/04/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,963
Year Built
- Built in 1987
Lot Details
- 1,345 Sq Ft Lot
- Lake Front
- Fenced
HOA Fees
- $407 Monthly HOA Fees
Interior Spaces
- 1,236 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Blinds
- Washer and Dryer
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Dual Sinks
Parking
- Over 1 Space Per Unit
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74424301160000122
Community Details
Overview
- Association fees include common areas, ground maintenance, recreation facilities, trash, water
- Built by DiVosta Homes
- Heritage Village Subdivision
Amenities
- Clubhouse
Recreation
- Community Pool
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2022
Closed on
May 26, 2022
Sold by
Paul Schmidt Jeffery Patrick
Bought by
Sam Rebecca G
Seller's Agent
Janel Cartlidge
Tout Soleil LLC
Buyer's Agent
Stephanie Wilson
Coral Cove Realty Inc
List Price
$250,000
Sold Price
$265,000
Premium/Discount to List
$15,000
6%
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
$14,826
Avg. Annual Appreciation
3.20%
Original Mortgage
$269,637
Outstanding Balance
$258,423
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$33,259
Purchase Details
Listed on
Mar 8, 2020
Closed on
Jul 13, 2020
Sold by
Luna Victor
Bought by
Paul Schmidt Jeffery Patrick
Seller's Agent
Steven Cohen
MMLS Assoc.-Inactive Member
List Price
$169,900
Sold Price
$162,000
Premium/Discount to List
-$7,900
-4.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.92%
Original Mortgage
$145,800
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 12, 2005
Sold by
Rodriguez Norberto and Rodriguez Patricia Rhee
Bought by
Luna Victor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Aug 6, 2004
Sold by
Doherty Stephen
Bought by
Rodriguez Norberto and Rodriguez Patricia Rhee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 1, 2002
Sold by
Valentino Nicholas R and Valentino Christine
Bought by
Doherty Stephen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,410
Interest Rate
9.9%
Purchase Details
Closed on
Aug 4, 1997
Sold by
Sepanik David E
Bought by
Valentino Nicholas R and Valentino Christine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,382
Interest Rate
7.61%
Mortgage Type
FHA
Purchase Details
Closed on
May 10, 1996
Sold by
Sec Of H U D
Bought by
Sepanik David E
Purchase Details
Closed on
Jan 5, 1996
Sold by
Pnc Mortgage Corp Of America
Bought by
Sec Of Hud
Purchase Details
Closed on
Dec 12, 1995
Sold by
Clerk Of The Court
Bought by
Pnc Mortgage Corp Of America
Similar Homes in West Palm Beach, FL
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sam Rebecca G | $265,000 | Alliant Title & Escrow | |
| Paul Schmidt Jeffery Patrick | $162,000 | First International Ttl Inc | |
| Luna Victor | $195,000 | -- | |
| Rodriguez Norberto | $147,000 | First American Title Ins Co | |
| Doherty Stephen | $95,000 | City Title Llc | |
| Valentino Nicholas R | $67,500 | -- | |
| Sepanik David E | $45,000 | -- | |
| Sec Of Hud | -- | -- | |
| Pnc Mortgage Corp Of America | $79,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sam Rebecca G | $33,000 | |
| Open | Sam Rebecca G | $269,637 | |
| Previous Owner | Paul Schmidt Jeffery Patrick | $145,800 | |
| Previous Owner | Luna Victor H | $14,300 | |
| Previous Owner | Luna Victor | $195,000 | |
| Previous Owner | Rodriguez Norberto | $27,000 | |
| Previous Owner | Rodriguez Norberto | $111,200 | |
| Previous Owner | Doherty Stephen | $85,410 | |
| Previous Owner | Pnc Mortgage Corp Of America | $67,382 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2022 05/31/22 | Sold | $265,000 | +6.0% | $214 / Sq Ft |
| 05/04/2022 05/04/22 | For Sale | $250,000 | +54.3% | $202 / Sq Ft |
| 07/13/2020 07/13/20 | Sold | $162,000 | -1.8% | $131 / Sq Ft |
| 07/08/2020 07/08/20 | Pending | -- | -- | -- |
| 05/08/2020 05/08/20 | Price Changed | $164,990 | -2.9% | $133 / Sq Ft |
| 03/07/2020 03/07/20 | For Sale | $169,900 | -- | $137 / 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 | $4,261 | $228,639 | -- | -- |
| 2023 | $4,139 | $221,980 | $0 | $221,980 |
| 2022 | $3,787 | $153,553 | $0 | $0 |
| 2021 | $3,413 | $139,594 | $0 | $139,594 |
| 2020 | $3,158 | $136,594 | $0 | $136,594 |
| 2019 | $2,964 | $128,594 | $0 | $128,594 |
| 2018 | $2,625 | $123,281 | $0 | $123,281 |
| 2017 | $2,405 | $112,281 | $0 | $0 |
| 2016 | $2,241 | $84,227 | $0 | $0 |
| 2015 | $2,086 | $76,570 | $0 | $0 |
| 2014 | $1,928 | $69,609 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Janel Cartlidge
J
Seller's Agent in 2022
Janel Cartlidge
Tout Soleil LLC
(561) 602-6446
1 in this area
11 Total Sales
-
Stephanie Wilson
S
Buyer's Agent in 2022
Stephanie Wilson
Coral Cove Realty Inc
(561) 228-8420
3 in this area
12 Total Sales
-
S
Seller's Agent in 2020
Steven Cohen
MMLS Assoc.-Inactive Member
(561) 354-8170
Map
Source: BeachesMLS
MLS Number: R10796995
APN: 74-42-43-01-16-000-0122
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