$150,000
SOLD OCT 11, 2017 RENTED SEP 1, 2024

721 Newark St West Palm Beach, FL 33401

Grandview Heights Neighborhood
0.12 Acre
$1,250,000 Price per Acre
5,086 Sq Ft Lot

Recently Sold

22 Days on Market

About This Lot

As of December 2019

Opportunity to build in a well established neighborhood located in walking distance to downtown West Palm, the Norton Art Gallery , Kravis Center, WPB Tennis center and Armory Art. This well lanscaped site is located in the Grandview Heights Historic district. The lot is suitable for single family construction and allows accessory guest or garage apartments. An alley in the rear of the property provides additional ingress and egress. The adjacent single family house at 719 Newark is also available for sale and separately priced. The possibilities of a compound in the city, living in one house while building another, flexible zoning, no hoa and a downtown neighborhood where adjacent new construction is selling in excess of $300 per square foot.

Last Agent to Sell the Property

CHRISTOPHER AUMENTE

Brown Harris Stevens of PB License #490106 Listed on: 09/18/2017

Brown Harris Stevens of PB

Last Buyer's Agent

Imran Gunes

Capital Investments R.E. Corp. License #3276953

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,916

Lot Details

  • 5,086 Sq Ft Lot
  • South Facing Home
  • Site Plan Filed
  • Property is zoned sf14

HOA Fees

  • $3 Monthly HOA Fees

Location

  • City Lot

Community Details

  • Grandview Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434328030040160

Property Details

Property Type

Land

Est. Annual Taxes

$1,916

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Belvedere Road to Lake Avenue, north to Newark Street
  • Special Features: None

Exterior Features

  • Lot Features: City Lot, < 1/4 Acre
  • Waterfront: No
  • Direction Faces: South

Condo/Co-op/Association

  • Association Fee: 3.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434328030040160
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.12
  • Lot Size: 50
  • Lot Size Sq Ft: 5086.0
  • Zoning Description: sf14
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1916.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2019
Closed on
Dec 18, 2019
Sold by
Grandview Heights Holdings Llc
Bought by
Bockel John Patrick Ver
Seller's Agent
Robert Miller
Highland Realty Advisors LLC
Buyer's Agent
David Serle
RE/MAX Services
List Price
$659,000
Sold Price
$620,000
Premium/Discount to List
-$39,000
-5.92%
Current Estimated Value
$1,181,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,659
Avg. Annual Appreciation
12.14%
Original Mortgage
$496,000
Outstanding Balance
$440,077
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$741,582

Purchase Details

Closed on
Jun 15, 2018
Sold by
Southland Holdings Llc
Bought by
Grandview Heights Holdings Llc

Purchase Details

Closed on
May 29, 2018
Sold by
Bradley Louis M and Bradley Diane P
Bought by
Southland Holdings Llc

Purchase Details

Listed on
Sep 18, 2017
Closed on
Oct 11, 2017
Sold by
Clemente Raphael and Clemente Lois Reid
Bought by
Bradley Louis M and Bradley Diane P
Seller's Agent
CHRISTOPHER AUMENTE
Brown Harris Stevens of PB
Buyer's Agent
Imran Gunes
Capital Investments R.E. Corp.
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.21%

Purchase Details

Closed on
Nov 13, 2008
Sold by
Mccarthy Kenneth K and Mccarthy Michael F
Bought by
Clemente Raphael and Clemente Lois Reid

Purchase Details

Closed on
Oct 24, 2008
Sold by
Bussey Marvin D
Bought by
Mccarthy Kenneth K and Mccarthy Michael F

Purchase Details

Closed on
Aug 31, 2006
Sold by
Mccarthy Kenneth K
Bought by
Mccarthy Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 10, 2005
Sold by
Mccarthy Stella W
Bought by
Mccarthy Kenneth K and Mccarthy Mihchaele
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $620,000 Attorney
Quit Claim Deed -- Attorney
Warranty Deed $160,500 Standard Title Insurance Age
Warranty Deed $150,000 Standard Title Inc Agency In
Warranty Deed $50,000 Attorney
Warranty Deed $235,000 Attorney
Warranty Deed $235,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $496,000 New Conventional
Previous Owner $235,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2024 09/01/24 Rented $5,500 0.0% --
06/28/2024 06/28/24 Price Changed $5,500 -6.8% $3 / Sq Ft
06/23/2024 06/23/24 Price Changed $5,900 -1.7% $3 / Sq Ft
02/29/2024 02/29/24 For Rent $6,000 -25.0% --
10/15/2023 10/15/23 Rented $8,000 +6.7% --
09/02/2023 09/02/23 Price Changed $7,500 -6.3% $4 / Sq Ft
08/14/2023 08/14/23 For Rent $8,000 0.0% --
12/18/2019 12/18/19 Sold $620,000 -5.9% $369 / Sq Ft
11/18/2019 11/18/19 Pending -- -- --
09/25/2019 09/25/19 For Sale $659,000 +339.3% $393 / Sq Ft
10/11/2017 10/11/17 Sold $150,000 0.0% --
09/18/2017 09/18/17 For Sale $150,000 -- --
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 $16,592 $806,295 -- --
2023 $9,774 $511,746 $0 $0
2022 $9,682 $496,841 $0 $0
2021 $9,675 $482,370 $0 $0
2020 $9,528 $475,710 $180,000 $295,710
2019 $3,992 $180,000 $180,000 $0
2018 $2,583 $119,358 $119,358 $0
2017 $1,168 $66,310 $66,310 $0
2016 $1,069 $43,067 $0 $0
2015 $969 $39,152 $0 $0
2014 $828 $35,593 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Elizabeth Folmar

    Waterfront Properties & Club C

    (561) 222-2605

    53 Total Sales

    Section Image

  • R

    Seller's Agent in 2019

    Robert Miller

    Highland Realty Advisors LLC

    (561) 307-2452

    2 in this area

    30 Total Sales

    Section Image
  • David Serle

    Buyer's Agent in 2019

    David Serle

    RE/MAX

    (561) 756-3104

    60 Total Sales

    Section Image

  • C

    Seller's Agent in 2017

    CHRISTOPHER AUMENTE

    Brown Harris Stevens of PB

    (561) 385-1359

    29 Total Sales

    Section Image

  • I

    Buyer's Agent in 2017

    Imran Gunes

    Capital Investments R.E. Corp.

    (561) 906-5542

    1 in this area

    73 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10366174

BeachesMLS

APN: 74-43-43-28-03-004-0160

Florida Palm Beach County West Palm Beach 33401 Grandview Heights

721 Newark St, West Palm Beach, FL

This home is located at 721 Newark St, West Palm Beach, FL 33401 and is currently priced at $150,000. 721 Newark St is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill 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.

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.

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