NOT LISTED FOR SALE

7500 W Lake Dr West Palm Beach, FL 33406

Estimated Value: $628,000 - $953,000

3 Beds
3 Baths
1,913 Sq Ft
$394/Sq Ft Est. Value

Last Sold January 21, 2020

Last sale price $325,000 $170 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $4,850/month

277 Days on Market

Highlights

  • Boat Ramp
  • Room in yard for a pool
  • No HOA
  • Home fronts a canal
  • Maid or Guest Quarters
  • Den

About This Home

As of January 2020

REMARKABLE WATERFRONT CORNER LOT HOME IN PRISTINE LAKE CLARK SHORES. THE ROOF IS 1 YEAR OLD. ENJOY THIS EXTRA LARGE LOT WITH PLENTY OF SPACE OUTSIDE. IT'S SO SPACIOUS INSIDE AND EVEN HAS A SEPARATE ROOM WITH A BATHROOM. HOME ALSO HAS A DEN WITH MANY USES. YOU MAY HAVE YOUR PARENTS CLOSE OR A LIVE IN MAID WITH PLENTY OF PRIVACY ON THE ATTACHED QUARTERS. PROPERTY HAS A NICE PORCH TO RELAX UP FRONT AND SPACE IN THE REAR FOR A COVERED TERRACE TO ENTERTAIN AND ENJOY THE OUTDOORS. ALSO ENJOY THE WATER VIEW FROM YOUR WON BACK YARD. BRING YOUR BOAT, KAYAK OR CANOE AND ENJOY THE LAKE! HOME ON CANAL DIRECTLY ONTO LAKE CLARK. COME OVER AND VISIT!!

Last Agent to Sell the Property

Armando Palma

Palma Realty Group License #3165997 Listed on: 03/18/2019

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,800

Year Built

  • Built in 1957

Lot Details

  • 0.27 Acre Lot
  • 50 Ft Wide Lot
  • Home fronts a canal
  • South Facing Home
  • Property is zoned SFR (cit

Home Design

  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,913 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Den
  • Ceramic Tile Flooring
  • Canal Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Washer and Dryer Hookup

Parking

  • 1 Attached Carport Space
  • Circular Driveway
  • Guest Parking
  • Open Parking

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Room in yard for a pool
  • Canal Width 1-80 Feet
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 34434417140000010

Community Details

Overview

  • No Home Owners Association
  • Lake Clarke Estates,Lake Clark Shores Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,800

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • Directions: FOREST HILL TO WEST LAKE DRIVE.
  • Garage Yn: No
  • Horses: No
  • Inclusions: Community Boat Ramp,Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: LAKE CLARKE ESTATES,LAKE CLARK SHORES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: First Floor Entry, Den/Library/Office, Maid/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 1913
  • Other Equipment: No Equipment
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Family/Dining Combination
  • Living Room Features: Den/Library/Office, Maid/In-Law Quarters, Utility Room/Laundry
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Flat Roof With Facade Front
  • View: Canal, Water
  • Exterior Features: Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/No Ocean Access, Canal Front, Canal Width 1-80 Feet
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: LAKE CLARKE ESTATES
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached Carport, Circular Driveway, Covered, Guest

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: Boating, Other, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 34434417140000010
  • Lot Size Sq Ft: 11789
  • Zoning: SFR (cit
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: HVAC

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
Jan 21, 2020
Sold by
Lopez Encarnacion
Bought by
Witt Tanya and Phillips James
Seller's Agent
Armando Palma
Palma Realty Group
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$379,700
Sold Price
$325,000
Premium/Discount to List
-$54,700
-14.41%
Current Estimated Value
$743,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,146
Avg. Annual Appreciation
16.14%

Purchase Details

Closed on
May 1, 1998
Sold by
Bankers Trust Co Tr
Bought by
Lopez Encarnacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 1997
Sold by
Clerk Of The Court
Bought by
Bankers Trust Company

Purchase Details

Closed on
Sep 23, 1994
Sold by
Stowers Millard M and Stowers Jessie G
Bought by
James Hilario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,300
Interest Rate
8.56%
Source: Public Records

Range of Values:

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Average Value
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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
Witt Tanya $325,000 Attorney
Lopez Encarnacio $100,000 --
Bankers Trust Company $100 --
James Hilario $12,500 --
James Hilario F $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Encarnacio $50,000
Previous Owner Lopez Encarnacion P $64,000
Previous Owner Bankers Trust Company $40,000
Previous Owner James Hilario F $162,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2020 01/21/20 Sold $325,000 -7.1% $170 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
11/12/2019 11/12/19 Price Changed $349,700 -2.8% $183 / Sq Ft
10/29/2019 10/29/19 Price Changed $359,700 -5.3% $188 / Sq Ft
09/02/2019 09/02/19 For Sale $379,700 0.0% $198 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
05/22/2019 05/22/19 Price Changed $379,700 -5.0% $198 / Sq Ft
03/18/2019 03/18/19 For Sale $399,700 -- $209 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $10,867 $438,789 -- --
2023 $9,586 $398,899 $0 $0
2022 $9,094 $362,635 $0 $0
2021 $8,024 $329,668 $197,784 $131,884
2020 $3,164 $166,130 $0 $0
2019 $6,946 $162,395 $0 $0
2018 $6,800 $159,367 $0 $0
2017 $2,912 $156,089 $0 $0
2016 $2,889 $152,879 $0 $0
2015 $2,935 $151,816 $0 $0
2014 $2,933 $150,611 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Armando Palma

    Seller's Agent in 2020

    Armando Palma

    RE/MAX

    (305) 510-0002

    43 Total Sales

    Section Image

  • N

    Buyer's Agent in 2020

    NON-MLS MEMBER

    MAR NON MLS MEMBER

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10636997

MIAMI REALTORS® MLS

APN: 34-43-44-17-14-000-0010

Florida Palm Beach County West Palm Beach 33406

7500 W Lake Dr, West Palm Beach, FL

This home is located at 7500 W Lake Dr, West Palm Beach, FL 33406 since 18 March 2019 and is currently estimated at $754,476, approximately $394 per square foot. This property was built in 1957. 7500 W Lake Dr is a home located in Palm Beach County with nearby schools including North Grade Elementary School, Lake Worth Community 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.

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