7818 78th Way West Palm Beach, FL 33407
Spencer Lakes NeighborhoodEstimated Value: $277,000 - $291,000
2
Beds
2.5
Baths
1,236
Sq Ft
$231/Sq Ft
Est. Value
Highlights
- Lake Front
- Community Pool
- Separate Shower in Primary Bathroom
- Clubhouse
- Tennis Courts
- Walk-In Closet
About This Home
As of June 2016Located in the heart of popular Heritage Village of Palm Beach Lakes, this waterfront 2BR/2.5BA townhome has carpet throughout with tile in bathrooms. Convenient to I-95, area parks, new Palm Beach Outlet Mall, airport, downtown West Beach and Clematis District. Just a short drive to the intracoastal waterway and Palm Beach Island's beautiful beaches. This unit has privacy with a fenced and gated patio area for entertaining. Large grassy common area in front of the unit is perfect for pets or children. Enjoy the tree lined sidewalks, many lakes, community pool and tennis courts. This unit also has extra storage space and Central vacuum. This is a Fannie Mae property. Tenant occupied. Do not disturb tenants. All showings must be scheduled through the listing office with 24 hours notice.
Last Agent to Sell the Property
Rodney Forbes
Forbes Realty of South Florida License #3192785 Listed on: 04/16/2016
Last Buyer's Agent
William Nicoloso
Inactive member License #3329071
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,307
Year Built
- Built in 1987
Lot Details
- 1,345 Sq Ft Lot
- Lake Front
- Fenced
HOA Fees
- $285 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,236 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Ceiling Fan
- Family Room
- Combination Dining and Living Room
- Lake Views
- Laundry Room
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Separate Shower in Primary Bathroom
Parking
- Guest Parking
- Assigned Parking
Outdoor Features
- Patio
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74424301160000622
Community Details
Overview
- Association fees include common areas, cable TV, ground maintenance, maintenance structure, pool(s), roof, trash, water
- Heritage Village Of P B L Subdivision
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Pool
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2016
Closed on
Jun 17, 2016
Sold by
Fannie Mae
Bought by
Bush Lauren
Seller's Agent
Rodney Forbes
Forbes Realty of South Florida
Buyer's Agent
William Nicoloso
Inactive member
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Total Days on Market
31
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
$140,993
Avg. Annual Appreciation
8.21%
Original Mortgage
$142,373
Outstanding Balance
$115,317
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$178,833
Purchase Details
Closed on
Jun 11, 2015
Sold by
Mukamal Brian and Citimortgage Inc
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Feb 8, 2013
Sold by
Khan Riaz
Bought by
Heritage Village Of Palm Beach Lakes Hom
Purchase Details
Closed on
Oct 10, 2012
Sold by
Mukamal Brian and Heritage Village Of Palm Beach
Bought by
Khan Riaz
Purchase Details
Closed on
Jun 18, 2004
Sold by
Mari Segundo Martin Correa and Correa Rosa Aura
Bought by
Mukamal Brian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 30, 2002
Sold by
Johnston Ayoub Susie and Ayoub Ali
Bought by
Mari Segundo Martin Correa and Correa Rosa Aura
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,100
Interest Rate
6.4%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Dec 29, 1995
Sold by
Lancellotti Harry A
Bought by
Johnston Susie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,350
Interest Rate
7.29%
Mortgage Type
New Conventional
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bush Lauren | $145,000 | Reo Title Co Of Florida Llc | |
| Federal National Mortgage Association | -- | None Available | |
| Heritage Village Of Palm Beach Lakes Hom | -- | Attorney | |
| Khan Riaz | $9,900 | None Available | |
| Mukamal Brian | $136,000 | -- | |
| Mari Segundo Martin Correa | $103,000 | Universal Land Title Inc | |
| Johnston Susie | $72,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bush Lauren | $142,373 | |
| Previous Owner | Mukamal Brian | $40,000 | |
| Previous Owner | Mukamal Brian | $100,000 | |
| Previous Owner | Mari Segundo Martin Correa | $72,100 | |
| Previous Owner | Johnston Susie | $68,350 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2016 06/17/16 | Sold | $145,000 | -3.3% | $117 / Sq Ft |
| 05/18/2016 05/18/16 | Pending | -- | -- | -- |
| 04/16/2016 04/16/16 | For Sale | $149,900 | -- | $121 / 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 | $2,297 | $132,604 | -- | -- |
| 2023 | $2,218 | $128,742 | $0 | $0 |
| 2022 | $2,142 | $124,992 | $0 | $0 |
| 2021 | $2,101 | $121,351 | $0 | $0 |
| 2020 | $2,061 | $119,676 | $0 | $0 |
| 2019 | $2,024 | $116,985 | $0 | $0 |
| 2018 | $1,846 | $114,804 | $0 | $0 |
| 2017 | $1,778 | $112,443 | $0 | $0 |
| 2016 | $2,521 | $102,443 | $0 | $0 |
| 2015 | $2,306 | $90,687 | $0 | $0 |
| 2014 | $2,130 | $82,443 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
R
Seller's Agent in 2016
Rodney Forbes
Forbes Realty of South Florida
-
W
Buyer's Agent in 2016
William Nicoloso
Inactive member
Map
Source: BeachesMLS
MLS Number: R10226547
APN: 74-42-43-01-16-000-0622
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