NOT LISTED FOR SALE

8577 7th Place S West Palm Beach, FL 33411

Estimated Value: $987,000 - $1,121,000

6 Beds
3.5 Baths
3,214 Sq Ft
$331/Sq Ft Est. Value

Last Sold June 29, 2017

Last sale price $545,000 $170 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,280/month

55 Days on Market

Highlights

  • Lake Front
  • Private Pool
  • Breakfast Area or Nook
  • Everglades Elementary School Rated A-
  • RV Access or Parking
  • Fireplace

About This Home

As of June 2017

Gorgeous one story custom-made ranch home in 1.38 acre of land and very private lake. http://www.listingsmagic.com/ps2/2.0/index.php?property_ID=146273 This splendid home offers 4 large bedrooms including a den/office by the entrance and 3 and half comfortable and impeccable bathrooms . Four bedroom and 2.5 bathrooms are in the main ranch home. The north west corner of the house has an independent 2 bedroom / 1 bathroom / 1 car garage efficiency with its own small kitchen and living room. Current owner rents it for $800/month. Buyer can keep it as rental income or use it as in law quarters, maid quarter, private office or just make it part of the home again. It can be joined if needed easily.

Last Agent to Sell the Property

Katty Cavalieri

RE/MAX Prestige Realty License #3030612 Listed on: 04/04/2017

RE/MAX Prestige Realty

Last Buyer's Agent

Rosana Geisweller

Inactive Member License #3132570

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,671

Year Built

  • Built in 1990

Lot Details

  • 1.38 Acre Lot
  • Lake Front
  • South Facing Home
  • Sprinkler System
  • Property is zoned RE

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Property Views

  • Lake
  • Garden

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,214 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Fireplace
  • Single Hung Metal Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Ceramic Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Patio

Schools

  • Everglades Elementary School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Palermo Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424405020000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,671

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Forest Hill to Lyons - North to 7Th Place S, house on left North side
  • Year Built: 1990
  • Architectural Style: Ranch
  • Special Features: None

Interior Features

  • Interior Amenities: Bidet, Breakfast Area, Closet Cabinetry, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Kitchen Island, Pantry, Walk-In Closet(s), Central Vacuum
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Living Area: 3214.0
  • Dining Room Type: Family Room, Laundry, Storage Room
  • Stories: 1
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Patio
  • View: Garden, Lake
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, RV Access/Parking, Two or More Spaces, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Schools

  • Elementary School: Everglades

Lot Info

  • Parcel #: 00424405020000100
  • Lot Size Sq Ft: 60187.0
  • Zoning Description: RE
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 7671.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2017
Closed on
Jun 29, 2017
Sold by
Sepulveda Bardaliz
Bought by
Geisweller Andrew W
Seller's Agent
Katty Cavalieri
RE/MAX Prestige Realty
Buyer's Agent
Rosana Geisweller
Inactive Member
List Price
$549,900
Sold Price
$545,000
Premium/Discount to List
-$4,900
-0.89%
Current Estimated Value
$1,063,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,077
Avg. Annual Appreciation
8.55%
Original Mortgage
$436,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2013
Sold by
Sepulveda Ruben and Sepulveda Bardaliz
Bought by
Sepulveda Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
2.29%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 11, 2006
Sold by
Poston George F and Poston Jacqueline H
Bought by
Sepulveda Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
2.25%
Mortgage Type
Negative Amortization
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
Geisweller Andrew W $545,000 None Available
Sepulveda Ruben -- Bankers Title & Escrow Servi
Sepulveda Ruben $520,000 Universal Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geisweller Andrew W $436,000
Previous Owner Sepulveda Ruben $900,000
Previous Owner Sepulveda Ruben $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2017 06/29/17 Sold $545,000 -0.9% $170 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $549,900 0.0% $171 / Sq Ft
01/01/2013 01/01/13 Rented $15,000 +275.0% --
12/02/2012 12/02/12 Under Contract -- -- --
08/23/2012 08/23/12 For Rent $4,000 -- --
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 $7,725 $478,903 -- --
2023 $7,543 $464,954 $0 $0
2022 $7,487 $451,412 $0 $0
2021 $7,445 $438,264 $0 $0
2020 $7,395 $432,213 $171,200 $261,013
2019 $8,085 $466,129 $160,000 $306,129
2018 $7,847 $427,826 $164,410 $263,416
2017 $7,484 $402,625 $156,581 $246,044
2016 $7,671 $402,562 $0 $0
2015 $5,218 $297,496 $0 $0
2014 $5,230 $295,135 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10322858

BeachesMLS

APN: 00-42-44-05-02-000-0100