725 7th Way West Palm Beach, FL 33407
Spencer Lakes NeighborhoodEstimated Value: $274,000 - $316,000
2
Beds
2.5
Baths
1,236
Sq Ft
$233/Sq Ft
Est. Value
Highlights
- Garden View
- Tennis Courts
- Walk-In Closet
- Community Pool
- Breakfast Area or Nook
- Patio
About This Home
As of April 2021This home is located at 725 7th Way, West Palm Beach, FL 33407 since 16 March 2021 and is currently estimated at $288,267, approximately $233 per square foot. This property was built in 1983. 725 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.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,089
Year Built
- Built in 1983
Lot Details
- 1,345
HOA Fees
- $360 Monthly HOA Fees
Interior Spaces
- 1,236 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Combination Kitchen and Dining Room
- Garden Views
Kitchen
- Breakfast Area or Nook
- Cooktop
- Microwave
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Over 1 Space Per Unit
- Guest Parking
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Cable TV Available
Additional Features
- Patio
- 1,345 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 74424301070000351
Community Details
Overview
- Association fees include management, common areas, cable TV, insurance, maintenance structure, parking, sewer, trash, water
- Village Of Sandalwood Lak Subdivision
Recreation
- Tennis Courts
- Community Basketball Court
- Community Pool
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2021
Closed on
Apr 22, 2021
Sold by
Robert Floyd Realty Inc
Bought by
Casimir Sean
Seller's Agent
DEREK LAMBROU
Village Realty Group LLC
Buyer's Agent
Tricia Jolicoeur
Realty ONE Group Innovation
List Price
$239,900
Sold Price
$235,000
Premium/Discount to List
-$4,900
-2.04%
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,267
Avg. Annual Appreciation
5.71%
Original Mortgage
$225,834
Outstanding Balance
$206,532
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$88,425
Purchase Details
Listed on
Dec 22, 2020
Closed on
Jan 14, 2021
Sold by
Sofocleous Stephen N and Sofocleous Selena M
Bought by
Robert Floyd Realty Inc
Seller's Agent
Ashley Kaplan
Premier Properties of South Fl
Buyer's Agent
DEREK LAMBROU
Village Realty Group LLC
List Price
$165,000
Sold Price
$159,000
Premium/Discount to List
-$6,000
-3.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
349.34%
Purchase Details
Closed on
Dec 2, 2005
Sold by
Schlenger Robert
Bought by
Sofocleous Stephen N and Sofocleous Selena M
Purchase Details
Closed on
Sep 20, 2004
Sold by
Mcmahon Anna M
Bought by
Schlenger Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,950
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 30, 2003
Sold by
Holcberg Alejandro and Holcberg Renata
Bought by
Schlenger Robert and Mcmahon Anna M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,850
Interest Rate
4.75%
Purchase Details
Closed on
Jan 2, 2003
Sold by
Przirembel Scott and Przirembel Hans R
Bought by
Holcberg Alejandro and Holcberg Renata
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Similar Homes in West Palm Beach, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Casimir Sean | $235,000 | Trident Title | |
| Robert Floyd Realty Inc | $159,000 | Alliand Title And Escrow | |
| Sofocleous Stephen N | $198,500 | Key America Title Llc | |
| Schlenger Robert | -- | Boulevard Title Company | |
| Schlenger Robert | $112,500 | -- | |
| Holcberg Alejandro | $94,000 | Olympia Title Insurance Co I |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Casimir Sean | $225,834 | |
| Previous Owner | Schlenger Robert | $14,950 | |
| Previous Owner | Schlenger Robert | $120,000 | |
| Previous Owner | Schlenger Robert | $106,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2021 04/23/21 | Sold | $235,000 | -2.0% | $190 / Sq Ft |
| 03/24/2021 03/24/21 | Pending | -- | -- | -- |
| 03/16/2021 03/16/21 | For Sale | $239,900 | +50.9% | $194 / Sq Ft |
| 01/19/2021 01/19/21 | Sold | $159,000 | -3.6% | $129 / Sq Ft |
| 12/22/2020 12/22/20 | For Sale | $165,000 | -- | $133 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $4,083 | $219,934 | -- | -- |
| 2023 | $3,965 | $213,528 | $0 | $0 |
| 2022 | $3,877 | $207,309 | $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
-
DEREK LAMBROU
Seller's Agent in 2021
DEREK LAMBROU
Village Realty Group LLC
(561) 568-6471
18 in this area
200 Total Sales
-
Ashley Kaplan
A
Seller's Agent in 2021
Ashley Kaplan
Premier Properties of South Fl
(561) 747-6600
1 in this area
46 Total Sales
-
Kendall Akey
K
Seller Co-Listing Agent in 2021
Kendall Akey
Premier Properties of South Fl
(561) 747-6600
1 in this area
8 Total Sales
-
Tricia Jolicoeur
T
Buyer's Agent in 2021
Tricia Jolicoeur
Realty ONE Group Innovation
(561) 394-4600
3 in this area
72 Total Sales
Map
Source: BeachesMLS
MLS Number: R10700139
APN: 74-42-43-01-07-000-0351
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