NOT LISTED FOR SALE

725 Palmetto St West Palm Beach, FL 33405

Dreher Park Neighborhood

Estimated Value: $509,000 - $633,000

3 Beds
2 Baths
1,262 Sq Ft
$435/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $450,000 $357 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,562/month

59 Days on Market

Highlights

  • Room in yard for a pool
  • Porch
  • Shed
  • Garden View
  • Open Patio
  • Central Heating and Cooling System

About This Home

As of April 2022

Gorgeous Key West style 1940's bungalow ready for it's new owner! 2 bedroom, 1 bath main house with a detached 384 sq ft back cottage. This home is filled with charm and beautiful easy maintenance landscaping! Tons of upgrades - New flooring 2021, AC replaced 2020, back unit built 2018, new water well and pump, bathroom 2020, water heater 2020, and so much more! Make the back cottage your office, gym, or guest room. Central location in West Palm Beach close to downtown, museums, PBI airport, palm beach island, I95, and fine dining. Don't miss your opportunity to purchase this 2 unit property with endless opportunities to live, airbnb, or rent! Buyers please do not walk the lot for there are Airbnb guests staying in place. Showing by appointment only.

Last Agent to Sell the Property

Ly-Paula McCormack

Compass Florida LLC License #3665957 Listed on: 01/27/2022

Compass Florida LLC

Last Buyer's Agent

Adam Raizin

LoKation License #3191458

LoKation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,240

Year Built

  • Built in 1949

Lot Details

  • 5,050 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned SF7(ci

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,262 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Room in yard for a pool
  • Open Patio
  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • Fernwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434404160001730

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,240

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I-95 to Forest Hill blvd., North on Parker Ave., Right on Palmetto St. 1.5 block down.
  • Year Built: 1949
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Vinyl
  • Living Area: 1262.0
  • Dining Room Type: Storage Room
  • Stories: 1
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Fence, Porch, Patio, Room For Pool, Shed
  • View: Garden
  • Lot Features: Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Brick, Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434404160001730
  • Lot Size Sq Ft: 5050.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4240.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Apr 27, 2022
Sold by
Ling Belson and Ling L
Bought by
Brown Susan H
Seller's Agent
Ly-Paula McCormack
Compass Florida LLC
Buyer's Agent
Adam Raizin
LoKation
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$549,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,097
Avg. Annual Appreciation
4.83%
Original Mortgage
$120,000
Outstanding Balance
$114,516
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$414,536

Purchase Details

Listed on
Nov 3, 2015
Closed on
Jan 28, 2016
Sold by
Hudson Barbara R and Hardy Barbara R
Bought by
Belson Christopher
Seller's Agent
Jose Alcebo
LAER Realty Partners Bowen/WPB
Buyer's Agent
Joe Quirk
Illustrated Properties LLC (Jupiter)
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.54%
Original Mortgage
$135,800
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2004
Sold by
Hardy Barbara R and Hardy David T
Bought by
Hardy Barbara R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
5.85%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Brown Susan H $450,000 New Title Company Name
Belson Christopher $140,000 First American Title Ins Co
Hardy Barbara R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Susan H $120,000
Previous Owner Belson Christopher $135,800
Previous Owner Hardy Barbara R $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2022 04/27/22 Sold $450,000 0.0% $357 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $450,000 +221.4% $357 / Sq Ft
01/28/2016 01/28/16 Sold $140,000 -6.6% $159 / Sq Ft
12/29/2015 12/29/15 Pending -- -- --
11/03/2015 11/03/15 For Sale $149,900 -- $171 / 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 $7,812 $409,851 -- --
2023 $7,221 $378,692 $180,500 $198,192
2022 $4,741 $200,427 $0 $0
2021 $4,240 $182,206 $82,500 $99,706
2020 $3,925 $166,223 $67,500 $98,723
2019 $2,574 $145,596 $0 $0
2018 $2,399 $142,881 $0 $0
2017 $2,065 $127,385 $41,664 $85,721
2016 $1,861 $65,762 $0 $0
2015 $1,768 $59,784 $0 $0
2014 $1,608 $54,349 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Ly-Paula McCormack

    Compass Florida LLC

    (561) 757-0090

    1 in this area

    28 Total Sales

    Ly-Paula McCormack
    Section Image

  • A

    Buyer's Agent in 2022

    Adam Raizin

    LoKation

    (954) 545-5583

    1 in this area

    62 Total Sales

    Adam Raizin
    Section Image
  • Jose Alcebo

    Seller's Agent in 2016

    Jose Alcebo

    LAER Realty Partners Bowen/WPB

    (561) 313-7940

    16 in this area

    68 Total Sales

    Jose Alcebo
    Section Image

  • J

    Buyer's Agent in 2016

    Joe Quirk

    Illustrated Properties LLC (Jupiter)

    84 Total Sales

    Joe Quirk
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10772776

BeachesMLS

APN: 74-43-44-04-16-000-1730

Florida Palm Beach County West Palm Beach 33405 Dreher Park

725 Palmetto St, West Palm Beach, FL

This home is located at 725 Palmetto St, West Palm Beach, FL 33405 since 27 January 2022 and is currently estimated at $549,097, approximately $435 per square foot. This property was built in 1949. 725 Palmetto St is a home located in Palm Beach County with nearby schools including Palmetto Elementary 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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