NOT LISTED FOR SALE

Estimated Value: $541,017 - $622,000

3 Beds
2 Baths
2,000 Sq Ft
$292/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $335,000 $168 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,078/month

185 Days on Market

Highlights

  • River Front
  • High Ceiling
  • Tennis Courts
  • Gated Community
  • Great Room
  • Game Room

About This Home

As of October 2020

Delightful single family home located in the highly desirable Riverwalk community. Located conveniently in the center of Palm Beach County, this home is within a short drive to some of Palm Beach County's best golf courses and pristine Florida beaches, turnpike, and US-441. Home needs work and would be a fantastic potential option for someone looking to add value.

Last Listed By

David Burck

Compass Florida LLC (PB) License #3432481 Listed on: 03/12/2020

Compass Florida LLC (PB)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,026

Year Built

  • Built in 2003

Lot Details

  • River Front

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Great Room
  • Family Room
  • Den
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74424321160012800

Community Details

Overview

  • Association fees include common areas, cable TV
  • Riverwalk Subdivision, Oakmont Floorplan

Amenities

  • Game Room
  • Billiard Room

Recreation

  • Tennis Courts
  • Bocce Ball Court
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,026

Year Built

Built in 2003

Lot Details

0

HOA Fees

$395 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: West on Okeechobee Blvd. from FL turnpike Right on Riverwalk Blvd. Left on Riverwalk Cir.
  • Year Built: 2003
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, High Ceilings
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 2000.0
  • Dining Room Type: Den, Family Room, Great Room
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: River Front
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Laundry Features: In Garage
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 395.0
  • Community Features: Game Room, Gated, Tennis Court(s)
  • Senior Community: No
  • Amenities: Billiard Room, Tennis Court(s), Trail(s), Bocce Court
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV

Lot Info

  • Parcel #: 74424321160012800
  • Zoning Description: -

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5026.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2021
Sold by
Banisi Faramarz M and Banisi Maryam
Bought by
Banisi Faramarz M and Banisi Maryam
Total Days on Market
185
Current Estimated Value
$583,254

Purchase Details

Listed on
Mar 12, 2020
Closed on
Oct 14, 2020
Sold by
Drolet Stephen D
Bought by
Banisi Faramarz M and Bansi Maryam
Seller's Agent
David Burck
Compass Florida LLC (PB)
Buyer's Agent
Quan Diep
EXP Realty LLC
List Price
$365,000
Sold Price
$335,000
Premium/Discount to List
-$30,000
-8.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%
Original Mortgage
$150,000
Outstanding Balance
$134,691
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$448,563

Purchase Details

Closed on
Jul 9, 2013
Sold by
Drolet Stephen D
Bought by
Drolet Stephen D

Purchase Details

Closed on
May 25, 2004
Sold by
Drolet Stephen D and Drolet Diane T
Bought by
The Diane T Drolet Trust

Purchase Details

Closed on
Mar 14, 2000
Sold by
Riverwalk Of The Palm Beaches Dev Co
Bought by
Drolet Stephen D and Drolet Diane T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
8.3%
Mortgage Type
New Conventional

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
Banisi Faramarz M -- Accommodation
Banisi Faramarz M $335,000 Title Agent
Drolet Stephen D -- Attorney
The Diane T Drolet Trust -- --
Drolet Stephen D $197,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banisi Faramarz M $150,000
Previous Owner Drolet Stephen D $444,000
Previous Owner Drolet Stephen D $172,250
Previous Owner Drolet Stephen D $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $335,000 -8.2% $168 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $365,000 -- $183 / 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 $5,010 $267,164 -- --
2023 $4,876 $259,383 $0 $0
2022 $4,800 $251,828 $0 $0
2021 $7,213 $315,704 $117,675 $198,029
2020 $5,099 $258,727 $0 $0
2019 $5,026 $252,910 $0 $0
2018 $4,727 $248,194 $0 $0
2017 $4,709 $243,089 $0 $0
2016 $4,833 $238,089 $0 $0
2015 $5,062 $236,434 $0 $0
2014 $5,015 $234,558 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10609000

BeachesMLS

APN: 74-42-43-21-16-001-2800