$1,325,000
SOLD MAY 27, 2021

8085 7th Place S West Palm Beach, FL 33411

6 Beds
5 Baths
4,540 Sq Ft
5.61 Acres

Recently Sold

$292 Per Sq Ft

5% Below List Price

26 Days on Market

Highlights

  • Lake Front
  • Horses Allowed in Community
  • Den
  • Everglades Elementary School Rated A-
  • Private Pool
  • Cul-De-Sac

About This Home

As of May 2021

ONE-OF-A-KIND Lot with 5.61 Acres that can house your family, business, recreational vehicles and anything your heart desires. NO HOA allows you to enjoy living in the city but being free to enjoy your large parcel of land without hassle. One of the most special parts of this land is that it holds a 5,000 square foot newly built aluminum building that is currently used for athletic training. It is perfect for any owner that wants to run their business on the premises, hold cars, boats, make a workout facility or even rent it out and make income, as it has a separate driveway. This 2006 home has full hurricane impact windows and doors, a fireplace, a two-year old LARGE resort-style salt water swimming pool in a private backyard while you over look your private dock and lake.

Last Agent to Sell the Property

Marco Terminesi

RE/MAX Properties License #3288937 Listed on: 03/31/2021

RE/MAX Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,246

Year Built

  • Built in 2006

Lot Details

  • 5.61 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Irregular Lot
  • Sprinkler System
  • Property is zoned RE

Parking

  • 3 Car Attached Garage
  • Driveway

Property Views

  • Lake
  • Pool

Home Design

  • Frame Construction
  • Concrete Roof

Interior Spaces

  • 4,540 Sq Ft Home
  • 2-Story Property
  • Bar
  • Fireplace
  • Family Room
  • Den
  • Ceramic Tile Flooring
  • Impact Glass

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 5 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Patio

Schools

  • Everglades Elementary School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424327050110481

Community Details

Overview

  • Palm Beach Farms Co 3 Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,246

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Southern Boulevard to Lyons Road. Head south to 7th Place S turn left, property is located at the end of 7th Place S.
  • Year Built: 2006
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Fireplace, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Living Area: 4540.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Lake, Pool
  • Lot Features: Cul-De-Sac, Irregular Lot, Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block, Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Everglades

Lot Info

  • Parcel #: 00424327050110481
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 244372.0
  • Zoning Description: RE
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 14246.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 27, 2021
Sold by
Heminger Anthony and Heminger Carol
Bought by
Woodard Fonda Eilleen and Woodard Charles James
Seller's Agent
Marco Terminesi
RE/MAX Properties
List Price
$1,390,000
Sold Price
$1,325,000
Premium/Discount to List
-$65,000
-4.68%
Total Days on Market
26
Current Estimated Value
$1,769,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,682
Avg. Annual Appreciation
7.43%
Original Mortgage
$1,336,440
Outstanding Balance
$1,223,077
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$547,989

Purchase Details

Listed on
Jan 17, 2013
Closed on
Dec 4, 2013
Sold by
Baker Robert A and Baker Kim
Bought by
Heminger Anthony
Seller's Agent
Matt Johnson
EXP Realty LLC
List Price
$895,000
Sold Price
$740,000
Premium/Discount to List
-$155,000
-17.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$417,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2003
Sold by
Kirsch Brian and Kirsch Frances
Bought by
Baker Robert A

Purchase Details

Closed on
Jul 26, 2000
Sold by
Rutherford Philip C and Rutherford L
Bought by
Kirsch Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.23%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,325,000 Lighthouse Title Svcs Llc
Warranty Deed $740,000 Secure Land Title & Escrow S
Warranty Deed $289,000 --
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,336,440 VA
Previous Owner $417,000 New Conventional
Previous Owner $175,000 Credit Line Revolving
Previous Owner $333,000 Unknown
Previous Owner $95,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $1,325,000 -4.7% $292 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $1,390,000 +87.8% $306 / Sq Ft
12/04/2013 12/04/13 Sold $740,000 -17.3% $163 / Sq Ft
11/04/2013 11/04/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $895,000 -- $197 / 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 $22,350 $1,370,521 -- --
2023 $23,911 $1,401,227 $574,811 $847,663
2022 $22,212 $1,273,843 $0 $0
2021 $14,258 $819,160 $371,178 $447,982
2020 $14,246 $811,556 $371,178 $440,378
2019 $14,543 $818,700 $0 $0
2018 $13,813 $803,435 $0 $0
2017 $13,695 $786,910 $0 $0
2016 $14,500 $812,180 $0 $0
2015 $15,079 $818,171 $0 $0
2014 $14,156 $760,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10704072

BeachesMLS

APN: 00-42-43-27-05-011-0481