NOT LISTED FOR SALE

716 Lighthouse Dr North Palm Beach, FL 33408

Estimated Value: $1,136,000 - $2,216,000

3 Beds
2 Baths
1,523 Sq Ft
$1,081/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $520,000 $341 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $9,592/month

188 Days on Market

Highlights

  • Property has ocean access
  • Private Pool
  • Great Room
  • Home fronts navigable water
  • Canal View
  • Circular Driveway

About This Home

As of February 2013

This charming waterfront home in a desirable neighborhood in the village of North Palm Beach sits on a navigable ocean-access canal with southern exposure. There is a newer tropical pool with a dock and lift perfectly set up for a boater. This home boasts 80 feet of water frontage with a 10,000lb boat lift, great water views from the casual covered patio area, open kitchen and dining area, gas range over range microwave, gas water heater and gas dryer. Extra storage space can be converted to an office or den. A side-yard area provides additional space for a boat or trailer.

Last Agent to Sell the Property

Allison Nicklaus

NV Realty Group, LLC License #3097311 Listed on: 07/24/2012

NV Realty Group, LLC

Last Buyer's Agent

Shannon Brink

RE/MAX Prestige Realty License #SL3142337

RE/MAX Prestige Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,954

Year Built

  • Built in 1962

Lot Details

  • Home fronts navigable water
  • North Facing Home
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • Circular Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,523 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Stacked Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Property has ocean access
  • Fixed Bridges
  • Seawall
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Village Of North Palm Bea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 68434217080280240

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,954

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Prosperity Farms Rd south from PGA Blvd to Lighthouse. Head east to house.
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Living/Dining Room, Stacked Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Gas Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1523.0
  • Dining Room Type: Family Room, Great Room, Storage Room
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Canal
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Fixed Bridge, Navigable Water, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Two or More Spaces

Utilities

  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Parcel #: 68434217080280240
  • Zoning Description: R1

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 3954.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2012
Closed on
Feb 28, 2013
Sold by
Kramer Eric A and Kramer Donna L
Bought by
Zimmer Michael and Zimmer Jennifer
Seller's Agent
Allison Nicklaus
NV Realty Group, LLC
Buyer's Agent
Shannon Brink
RE/MAX Prestige Realty
List Price
$625,000
Sold Price
$520,000
Premium/Discount to List
-$105,000
-16.8%
Current Estimated Value
$1,646,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,126,564
Avg. Annual Appreciation
10.07%

Purchase Details

Closed on
Apr 16, 1996
Sold by
Cassidy John Charles
Bought by
Kramer Eric A and Kramer Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 1993
Sold by
Schmitt Paul C
Bought by
Cassidy John Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Interest Rate
7.44%
Source: Public Records

Range of Values:

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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
Zimmer Michael $520,000 None Available
Kramer Eric A $188,800 --
Cassidy John Charles $151,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kramer Eric A $50,000
Previous Owner Kramer Eric A $135,000
Previous Owner Cassidy John Charles $120,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2013 02/28/13 Sold $520,000 -16.8% $341 / Sq Ft
01/29/2013 01/29/13 Pending -- -- --
07/24/2012 07/24/12 For Sale $625,000 -- $410 / 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 $10,767 $867,303 -- --
2023 $22,414 $788,457 $0 $0
2022 $17,592 $716,779 $0 $0
2021 $13,870 $698,090 $610,000 $88,090
2020 $12,612 $592,379 $515,000 $77,379
2019 $12,406 $576,677 $500,000 $76,677
2018 $12,356 $589,553 $527,380 $62,173
2017 $11,873 $563,008 $502,270 $60,738
2016 $6,226 $515,954 $0 $0
2015 $10,495 $469,049 $0 $0
2014 $9,586 $426,408 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3297975

BeachesMLS

APN: 68-43-42-17-08-028-0240