7519 Palm Rd West Palm Beach, FL 33406
Estimated Value: $1,206,000 - $1,332,000
4
Beds
4
Baths
3,425
Sq Ft
$371/Sq Ft
Est. Value
Highlights
- Outdoor Pool
- Wood Flooring
- No HOA
- Waterfront
- Lanai
- Double Oven
About This Home
As of August 2023RARE TROPICAL ESTATE. Welcome to 7519 Palm Rd, one of only two Lake Clarke ''Estate'' lots with a double lot and private gated rear entrance. With almost 5,000 square feet of indoor and outdoor living space, this 4 bedroom, 4 full and two half bathroom home was custom built for endless family gatherings and year-round outdoor enjoyment. Featuring a private and secluded master wing with separate living space, 3 additional guest suites, brand new chefs' kitchen, sprawling resort style gardens and pool, a dedicated workshop, and a massive 2 stall cabana/boat carport with outdoor kitchen this home is turn-key and ready for its new family to start enjoying. Other highlights include complete hurricane impact glass, full house solar power, city water/sewer (a rarity in Lake Clarke Shores), a deep well for sprinkler systems and endless amounts of storage. Properties unique footprint may be suitable for many different family scenarios inclusive of large families, multi-generational living, full-time live in care, in-laws, or income producing possibilities. Close to Boat Ramp, Town Hall and all the Town of Lake Clarke Shores and West Palm Beach has to offer. Furnishings negotiable.
Last Listed By
Brown Harris Stevens of Palm Beach 7232 License #SL-3278946 Listed on: 06/01/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,747
Year Built
- Built in 1972
Lot Details
- 0.47 Acre Lot
- Waterfront
- East Facing Home
- Back Yard Fenced
- Sprinkler System
Home Design
- Tile Roof
- Fiber Cement Roof
- Metal Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 3,425 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Dining Area
- Library
- Storage
- Utility Room
- High Impact Windows
Kitchen
- Eat-In Kitchen
- Double Oven
- Electric Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Carport
- Bathroom In Garage
Outdoor Features
- Outdoor Pool
- Patio
- Lanai
Utilities
- Forced Air Zoned Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Lake Clarke Subdivision
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 34434417220000510
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2023
Closed on
Aug 25, 2023
Sold by
Greaves Charles F and Greaves Cristy L
Bought by
Andres Javier Hernandez Revocable Trust and Hernandez
Seller's Agent
Lauren Greaves
Brown Harris Stevens of Palm Beach 7232
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$1,495,000
Sold Price
$1,200,000
Premium/Discount to List
-$295,000
-19.73%
Total Days on Market
76
Views
96
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
$70,874
Avg. Annual Appreciation
3.31%
Original Mortgage
$960,000
Outstanding Balance
$943,568
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$327,306
Purchase Details
Listed on
Mar 6, 2015
Closed on
Jul 15, 2015
Sold by
Perez Denise
Bought by
Greaves Charles F
Seller's Agent
Elizabeth MacCall
A R E A Arise Real Estate Advisors
Buyer's Agent
Lauren Greaves
Brown Harris Stevens of PB
List Price
$521,000
Sold Price
$450,000
Premium/Discount to List
-$71,000
-13.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$350,000
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 29, 2011
Sold by
Merwin Family Revocable Trust
Bought by
Perez Denise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 22, 1998
Sold by
Marie Merwin Edward L and Marie Teresa
Bought by
Merwin Edward L
Purchase Details
Closed on
Feb 13, 1996
Sold by
Cecilia Rafael and Cecilia Saladrigas
Bought by
Merwin Edward L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.09%
Mortgage Type
New Conventional
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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 |
|---|---|---|---|
| Andres Javier Hernandez Revocable Trust | $1,200,000 | Equity Land Title | |
| Greaves Charles F | $450,000 | First American Title Ins Co | |
| Perez Denise | $338,000 | Attorney | |
| Merwin Edward L | $100 | -- | |
| Merwin Edward L | $245,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Andres Javier Hernandez Revocable Trust | $960,000 | |
| Previous Owner | Greaves Charles F | $300,000 | |
| Previous Owner | Greaves Charles F | $350,000 | |
| Previous Owner | Perez Denise | $214,400 | |
| Previous Owner | Merwin Edward L | $221,000 | |
| Previous Owner | Merwin Edward L | $75,000 | |
| Previous Owner | Merwin Edward L | $212,500 | |
| Previous Owner | Merwin Edward L | $196,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2023 08/25/23 | Sold | $1,200,000 | -7.3% | $350 / Sq Ft |
| 08/16/2023 08/16/23 | Pending | -- | -- | -- |
| 07/06/2023 07/06/23 | Price Changed | $1,295,000 | -7.2% | $378 / Sq Ft |
| 06/26/2023 06/26/23 | Price Changed | $1,395,000 | -6.7% | $407 / Sq Ft |
| 06/01/2023 06/01/23 | For Sale | $1,495,000 | +232.2% | $436 / Sq Ft |
| 07/15/2015 07/15/15 | Sold | $450,000 | -13.6% | $138 / Sq Ft |
| 06/15/2015 06/15/15 | Pending | -- | -- | -- |
| 03/06/2015 03/06/15 | For Sale | $521,000 | -- | $160 / Sq Ft |
Source: Palm Beach Board of REALTORS®
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 | $18,578 | $823,280 | -- | -- |
| 2023 | $9,814 | $468,075 | $0 | $0 |
| 2022 | $9,746 | $454,442 | $0 | $0 |
| 2021 | $9,651 | $441,206 | $151,446 | $289,760 |
| 2020 | $10,096 | $457,145 | $0 | $0 |
| 2019 | $9,942 | $446,867 | $0 | $0 |
| 2018 | $9,515 | $438,535 | $0 | $0 |
| 2017 | $9,414 | $429,515 | $135,240 | $294,275 |
| 2016 | $10,815 | $479,561 | $0 | $0 |
| 2015 | $7,099 | $319,193 | $0 | $0 |
| 2014 | $7,098 | $316,660 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lauren Greaves
L
Seller's Agent in 2023
Lauren Greaves
Brown Harris Stevens of Palm Beach 7232
(561) 659-6400
21 in this area
157 Total Sales
-
Sabra Kirkpatrick
S
Seller Co-Listing Agent in 2023
Sabra Kirkpatrick
Brown Harris Stevens of Palm Beach 7232
(561) 628-2077
41 in this area
274 Total Sales
-
N
Buyer's Agent in 2023
NON MEMBER
NON MEMBER FIRM
-
Elizabeth MacCall
Seller's Agent in 2015
Elizabeth MacCall
A R E A Arise Real Estate Advisors
(561) 797-1188
54 Total Sales
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 23-970
APN: 34-43-44-17-22-000-0510
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