NOT LISTED FOR SALE

725 40th St Unit 1 West Palm Beach, FL 33407

Northwood Hills Neighborhood

Estimated Value: $274,000 - $340,000

2 Beds
1 Bath
1,096 Sq Ft
$292/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $310,000 $283 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,014/month

109 Days on Market

Highlights

  • Jalousie or louvered window
  • Tile Flooring
  • South Facing Home
  • Views
  • Central Heating and Cooling System
  • Fenced

About This Home

As of September 2024

Perched on the edge of the Northwood community, this delightful 2-bedroom concrete block residence, featuring a bonus room, is poised to welcome its new owners. Adorned with tile flooring throughout, a generous backyard, and a roof confirmed to have been installed in 2019 as per property records, it offers a pristine foundation for its fortunate owners to modernize to their taste. Per Seller Blind offers are not permitted. Professional Photos will be completed by Monday

Last Agent to Sell the Property

Michele Scherger

Genstone, LLC Brokerage Phone: 772-777-8500 License #3641496 Listed on: 04/26/2024

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,026

Year Built

  • Built in 1948

Lot Details

  • South Facing Home
  • Fenced

Parking

  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 1,096 Sq Ft Home
  • 1-Story Property
  • Jalousie or louvered window
  • Tile Flooring
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • None Noted Association

Listing and Financial Details

  • Tax Lot 39-42
  • Assessor Parcel Number 74434304050310391

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,026

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: .13
  • Ownership: Single Family/Other
  • Subdivision Name: Other
  • Directions: 45th Street> Pinewood > 40th Street
  • Architectural Style: One Story
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1948
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-777-8500
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Tile
  • Living Area: 1096.0
  • Stories: 1
  • Window Features: Jalousie, None, Single Hung
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Exterior Features: Fence
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Laundry Features: None
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Name: none noted
  • Pets Allowed: No

Schools

  • Junior High Dist: Out of Area

Lot Info

  • Parcel #: 74434304050310391
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4026.0
  • Tax Lot: 39-42
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Sep 4, 2024
Sold by
Fyr Sfr Trs Llc
Bought by
Portelles Angel Felix Verdec and Guevara Aymara Garcia
Seller's Agent
Michele Scherger
Genstone, LLC
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$349,900
Sold Price
$310,000
Premium/Discount to List
-$39,900
-11.4%
Views
742
Current Estimated Value
$319,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,722
Avg. Annual Appreciation
2.70%
Original Mortgage
$300,700
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2024
Sold by
Fyr Sfr Borrower Llc
Bought by
Fyr Sfr Trs Llc

Purchase Details

Closed on
Jul 6, 2015
Sold by
Tamale Llc
Bought by
Rha 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2015
Sold by
Mbm Trustee Llc
Bought by
Park Capital Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2009
Sold by
Lehman Douglas and Lehman Jamie
Bought by
Tamale Llc

Purchase Details

Closed on
Apr 9, 2009
Sold by
Wells Fargo Bank Na
Bought by
Lehman Douglas and Lehman Jamie

Purchase Details

Closed on
May 12, 2008
Sold by
Ross Donna D
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 28, 1998
Sold by
Rcl Inc
Bought by
Ross Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 1998
Sold by
Clerk Of The Court
Bought by
Little John P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Portelles Angel Felix Verdec $310,000 None Listed On Document
Fyr Sfr Trs Llc -- None Listed On Document
Rha 2 Llc $69,500 Hm National Title Svcs Inc
Park Capital Development Llc $80,000 K Title Company Llc
Tamale Llc -- None Available
Lehman Douglas $31,500 Landcastle Title Llc
Wells Fargo Bank Na -- None Available
Ross Donna $78,000 --
Little John P $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Portelles Angel Felix Verdec $300,700
Previous Owner Park Capital Development Llc $64,000
Previous Owner Little John P $70,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2024 09/23/24 Sold $310,000 0.0% $283 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
08/01/2024 08/01/24 Price Changed $309,900 -6.1% $283 / Sq Ft
07/02/2024 07/02/24 Price Changed $329,900 -2.9% $301 / Sq Ft
05/31/2024 05/31/24 Price Changed $339,900 -2.9% $310 / Sq Ft
04/27/2024 04/27/24 For Sale $349,900 -- $319 / Sq Ft
Source: REALTORS® Association of Indian River County

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 $3,904 $154,663 -- --
2023 $3,633 $140,603 $80,396 $129,565
2022 $3,183 $127,821 $0 $0
2021 $2,889 $128,397 $34,500 $93,897
2020 $2,624 $109,877 $34,500 $75,377
2019 $2,405 $96,034 $32,200 $63,834
2018 $1,919 $94,236 $23,182 $71,054
2017 $1,620 $64,835 $13,247 $51,588
2016 $1,522 $59,180 $0 $0
2015 $982 $29,291 $0 $0
2014 $1,001 $26,628 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michele Scherger

    Seller's Agent in 2024

    Michele Scherger

    Genstone, LLC

    (561) 309-2950

    2 in this area

    137 Total Sales

    Michele Scherger
    Section Image

  • N

    Buyer's Agent in 2024

    NON-MLS AGENT

    NON MLS

See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 277764

APN: 74-43-43-04-05-031-0391

Florida Palm Beach County West Palm Beach 33407 Northwood Hills

725 40th St Unit 1, West Palm Beach, FL

Not Listed for Sale

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