NOT LISTED FOR SALE

714 7th Way West Palm Beach, FL 33407

Spencer Lakes Neighborhood

Estimated Value: $270,000 - $313,000

2 Beds
3 Baths
1,236 Sq Ft
$236/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $300,000 $243 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,146/month

About This Home

As of February 2022

Tasteful, elegant, opulent, white, and bright nestled within a secluded and optimal area of the community containing water views perceived from clear lines of unobstructed sight. A versatile, adaptable, customizable, and sustaining floor plan with an ample balance of openness, comfort, storage, and privacy simultaneously. A property that was updated, appointed, and finished fittingly for a private homeowner and a permanent resident rather than being improved as a typical rental property. Glitter quartz countertops, white shaker cabinetry, rainbow grout backsplash, and luxury vinal plank flooring are just some of the many upgrades worth mentioning. This is a turnkey, move in ready space that was fully updated within the past few years creating a rare opportunity for a modernized and
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Courtesy of LoKation

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Feb 2, 2022
Sold by
Tropical Sunshine Homes Llc
Bought by
Negulescu Mihaela Olivia
Seller's Agent
Benjamin Rainey Wright
LoKation
Buyer's Agent
Benjamin Rainey Wright
LoKation
Sold Price
$2,400
Current Estimated Value
$291,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,729
Avg. Annual Appreciation
-0.91%

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 28, 2021
Sold by
Rivera Jose Enrique
Bought by
Tropical Sunshine Homes Llc
Seller's Agent
Tara Fontana-Goldstein
William Raveis Florida, LLC
Buyer's Agent
Tara Fontana-Goldstein
William Raveis Florida, LLC
List Price
$209,000
Sold Price
$188,000
Premium/Discount to List
-$21,000
-10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.14%

Purchase Details

Closed on
Jul 18, 2005
Sold by
Burrows Todd
Bought by
Rivera Jose Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 17, 2000
Sold by
Gordon Christy
Bought by
Burrows Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,925
Interest Rate
8.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 1998
Sold by
Smith Bobby A and Smith Lina K
Bought by
Gordon Christy and Gutierrez Andres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Negulescu Mihaela Olivia $300,000 Mellinger Title Services
Tropical Sunshine Homes Llc $188,000 Attorney
Rivera Jose Enrique $206,000 Blue Water Title Services
Burrows Todd $71,500 --
Gordon Christy $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivera Jose Enrique $164,000
Previous Owner Burrows Todd $49,000
Previous Owner Burrows Todd $100,000
Previous Owner Burrows Todd C $67,200
Previous Owner Gordon Christy $67,925
Previous Owner Gordon Christy $62,000
Closed Rivera Jose Enrique $32,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2024 11/10/24 Off Market $2,500 -- --
10/07/2024 10/07/24 For Rent $2,500 +25.0% --
02/08/2022 02/08/22 For Rent $2,000 -16.7% --
02/08/2022 02/08/22 Rented $2,400 0.0% --
02/04/2022 02/04/22 Sold $300,000 +9.1% $243 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $275,000 +46.3% $222 / Sq Ft
06/28/2021 06/28/21 Sold $188,000 -10.0% $152 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $209,000 0.0% $169 / Sq Ft
11/01/2018 11/01/18 Rented $1,375 -8.3% --
10/02/2018 10/02/18 Under Contract -- -- --
09/19/2018 09/19/18 For Rent $1,500 +15.5% --
07/24/2016 07/24/16 For Rent $1,299 -0.1% --
07/24/2016 07/24/16 Rented $1,300 -- --

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 $6,189 $280,609 -- --
2023 $5,803 $260,609 $0 $260,609
2022 $4,210 $180,809 $0 $0
2021 $3,346 $142,493 $0 $142,493
2020 $3,089 $130,493 $0 $130,493
2019 $2,932 $127,493 $0 $127,493
2018 $2,598 $122,405 $0 $122,405
2017 $2,379 $111,405 $0 $0
2016 $2,217 $83,062 $0 $0
2015 $2,063 $75,511 $0 $0
2014 $1,906 $68,646 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Benjamin Rainey Wright

    LoKation

    (352) 363-6982

    1 in this area

    47 Total Sales

    Benjamin Rainey Wright
    Section Image

  • N

    Seller's Agent in 2022

    Normay Borgelin

    United Realty Group, Inc

    (561) 469-8706

    2 in this area

    6 Total Sales

    Normay Borgelin
    Section Image

  • T

    Seller's Agent in 2021

    Tara Fontana-Goldstein

    William Raveis Florida, LLC

    (561) 951-5757

    1 in this area

    144 Total Sales

    Tara Fontana-Goldstein
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Corinne Misenar

    William Raveis Florida, LLC

    (248) 202-9017

    1 in this area

    60 Total Sales

    Corinne Misenar
    Section Image

  • D

    Buyer Co-Listing Agent in 2021

    David Cardenas

    William Raveis Florida, LLC

    (718) 593-2795

    1 in this area

    13 Total Sales

    David Cardenas
    Section Image

  • M

    Seller's Agent in 2018

    Mayerly Fiedor

    Myriad Realty LLC

    (561) 312-4220

    25 Total Sales

    Mayerly Fiedor
    Section Image
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Map

Florida Palm Beach County West Palm Beach 33407 Spencer Lakes

714 7th Way, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 714 7th Way, West Palm Beach, FL 33407 and is currently estimated at $291,129, approximately $235 per square foot. 714 7th Way is a home located in Palm Beach County with nearby schools including Egret Lake Elementary School, Bear Lakes Middle School, and Palm Beach Lakes Community High 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.

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