NOT LISTED FOR SALE

723 7th Way West Palm Beach, FL 33407

Spencer Lakes Neighborhood

Estimated Value: $249,000 - $309,000

2 Beds
2.5 Baths
1,236 Sq Ft
$220/Sq Ft Est. Value

Last Sold August 05, 2014

Last sale price $120,000 $97 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,882/month

32 Days on Market

Highlights

  • Built in 1983 | Newly Remodeled
  • Tennis Courts
  • Walk-In Closet
  • Community Pool
  • Separate Shower in Primary Bathroom
  • Patio

About This Home

As of August 2014

WOW!! What a gem. Completely refurbished townhouse.Open kitchen. New A/C, hot water heater, all new kitchen appliances, cabinets, counter tops. Freshly painted and new carpet. New bathrooms. Must see

Last Agent to Sell the Property

Susan Johnson

Illustrated Properties LLC (Co License #498199 Listed on: 06/03/2014

Illustrated Properties LLC (Co

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,668

Year Built

  • Built in 1983 | Newly Remodeled

Lot Details

  • 1,307

HOA Fees

  • $299 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 1,236 Sq Ft Home
  • 2-Story Property
  • Family Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Home Security

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Additional Features

  • Patio
  • 1,307 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74424301070000363

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, roof
  • Village Of Sandalwood Lak Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,668

Year Built

Built in 1983 | Newly Remodeled

Lot Details

0

HOA Fees

$299 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Condominium,Townhouse
  • Directions: Village Blvd to Heritage. Turn left on 7th Way
  • Year Built: 1983
  • New Construction: Yes
  • Year Built Details: New Construction
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: 1026

Interior Features

  • Interior Amenities: Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 1236.0
  • Dining Room Type: Family Room
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Frame
  • Patio And Porch Features: Patio
  • Property Condition: New Construction
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Two or More Spaces

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 299.0
  • Community Features: Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Roof

Lot Info

  • Parcel #: 74424301070000363
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 1307.0
  • Zoning Description: pud

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1668.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2014
Closed on
Jul 1, 2014
Sold by
Wells Fargo Bank Na
Bought by
Orr Meldrene Rose Marie
Seller's Agent
Susan Johnson
Illustrated Properties LLC (Co
List Price
$115,000
Sold Price
$120,000
Premium/Discount to List
$5,000
4.35%
Current Estimated Value
$272,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,375
Avg. Annual Appreciation
7.47%
Original Mortgage
$115,000
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 2014
Sold by
Ramirez Felix and Ramirez Yanira
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 28, 2005
Sold by
Ramirez Yanira and Ramirez Felix
Bought by
Ramirez Felix and Ramirez Yanira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,100
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 1997
Sold by
Patel Amratlal M and Patel Purnima
Bought by
Jimenez Yanira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
7.26%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 1997
Sold by
Patel Amratlal M and Patel Purnima
Bought by
Jiminez Yanira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
7.26%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Orr Meldrene Rose Marie $120,000 Servicelink
Wells Fargo Bank Na $71,300 None Available
Ramirez Felix -- Complete Title Solutions Inc
Jimenez Yanira $100 --
Jiminez Yanira $55,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orr Meldrene Rose Marie $115,000
Previous Owner Ramirez Felix $142,100
Previous Owner Jiminez Yanira $47,000
Previous Owner Jiminez Yanira $47,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2014 08/05/14 Sold $120,000 +4.3% $97 / Sq Ft
07/06/2014 07/06/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $115,000 -- $93 / 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
2025 $1,826 $112,795 -- --
2024 $1,826 $109,616 -- --
2023 $1,758 $106,423 $0 $0
2022 $1,685 $103,323 $0 $0
2021 $1,643 $100,314 $0 $0
2020 $1,605 $98,929 $0 $0
2019 $1,574 $96,705 $0 $0
2018 $1,415 $94,902 $0 $0
2017 $1,350 $92,950 $0 $0
2016 $1,321 $91,038 $0 $0
2015 $1,330 $90,405 $0 $0
2014 $1,906 $68,646 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Susan Johnson

    Illustrated Properties LLC (Co

    (561) 371-4928

    9 Total Sales

    Susan Johnson
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10046261

BeachesMLS

APN: 74-42-43-01-07-000-0363

Florida Palm Beach County West Palm Beach 33407 Spencer Lakes

723 7th Way, West Palm Beach, FL

Not Listed for Sale

Townhouses

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.

Nearby Homes