NOT LISTED FOR SALE

866 Palm Way Rd North Palm Beach, FL 33408

Estimated Value: $5,834,385 - $6,605,000

4 Beds
4 Baths
3,858 Sq Ft
$1,597/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $5,600,000 $1,452 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $37,462/month

28 Days on Market

Highlights

  • On Golf Course
  • Gated with Attendant
  • Wood Flooring
  • William T. Dwyer High School Rated A-
  • Room in yard for a pool
  • Sun or Florida Room

About This Home

As of May 2024

Fantastic opportunity on the 6th fairway in the exclusive enclave of Lost Tree Village. The home is nestled in a quiet area of the community, conveniently located between the beach club and the main clubhouse. Huge potential awaits a discerning buyer. Whether you want to renovate or build new, this .4110 acre lot has untapped potential, and plenty of room for a pool. Don't miss this opportunity to create something special.

Last Agent to Sell the Property

Sean Hegarty

Lost Tree Realty License #3341162 Listed on: 02/29/2024

Lost Tree Realty

Last Buyer's Agent

James Kenny

K2 Realty, Inc. (NPB) License #3067814

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,170

Year Built

  • Built in 1967

Lot Details

  • 0.41 Acre Lot
  • On Golf Course
  • Sprinkler System
  • Property is zoned RS

HOA Fees

  • $634 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Concrete Roof

Interior Spaces

  • 3,858 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Plantation Shutters
  • Entrance Foyer
  • Formal Dining Room
  • Sun or Florida Room
  • Golf Course Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Stacked Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00434133070002100

Community Details

Overview

  • Association fees include common areas, security
  • Old Port Village 2 Subdivision

Recreation

  • Community Basketball Court

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,170

Year Built

Built in 1967

Lot Details

0

HOA Fees

$634 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: East of US 1 on Jack Nicklaus Dr. Turn left into Lost Tree Village. Make your first left after the gate and follow to the second stop sign. Turn right on Palm Way Rd, house is first house on left.
  • Year Built: 1967
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Entrance Foyer, Stacked Bedrooms
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile, Wood
  • Living Area: 3858.0
  • Dining Room Type: Florida Room
  • Stories: 2
  • Window Features: Plantation Shutters

Exterior Features

  • Exterior Features: Patio, Room For Pool
  • View: Golf Course
  • Lot Features: On Golf Course, Sprinklers Automatic
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage

Utilities

  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 634.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Basketball Court
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 00434133070002100
  • Lot Size: 121.0 ft x 150.0 ft
  • Lot Size Sq Ft: 17901.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 38170.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
May 13, 2024
Sold by
Ritter Diane Sue and Kathleen Dwyer Ritter Irrevocable Power
Bought by
Kmm/Lfm Investment Llc
Seller's Agent
Sean Hegarty
Lost Tree Realty
Buyer's Agent
James Kenny
K2 Realty, Inc. (NPB)
List Price
$5,950,000
Sold Price
$5,600,000
Premium/Discount to List
-$350,000
-5.88%
Views
21
Current Estimated Value
$6,162,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$562,596
Avg. Annual Appreciation
4.89%

Purchase Details

Closed on
Oct 25, 2017
Sold by
Ritter Kathleen Dwyer and Ritter Kathleen M
Bought by
Ritter Diane Sue and The Kathleen Dwyer Ritter Irrvicable Tru

Purchase Details

Closed on
Dec 24, 2013
Sold by
Ritter Kathleen M
Bought by
Ritter Kathleen M

Purchase Details

Closed on
Dec 20, 2013
Sold by
Dwyer Frank X and Dwyer Roselyn
Bought by
Ritter Kathleen M
Source: Public Records

Range of Values:

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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
Kmm/Lfm Investment Llc $5,600,000 None Listed On Document
Ritter Diane Sue -- Attorney
Ritter Kathleen M -- Attorney
Ritter Kathleen M -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $5,600,000 -5.9% $1,452 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $5,950,000 -- $1,542 / 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 $39,003 $2,411,524 -- --
2023 $38,170 $2,341,285 $0 $0
2022 $38,053 $2,273,092 $0 $0
2021 $38,056 $2,206,885 $0 $0
2020 $37,879 $2,176,415 $2,100,000 $76,415
2019 $38,362 $2,177,490 $2,100,000 $77,490
2018 $37,578 $2,161,093 $2,084,462 $76,631
2017 $36,462 $2,165,520 $2,084,462 $81,058
2016 $33,031 $1,818,109 $0 $0
2015 $31,291 $1,664,716 $0 $0
2014 $28,954 $1,521,894 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sean Hegarty

    Seller's Agent in 2024

    Sean Hegarty

    Lost Tree Realty

    (561) 400-3742

    5 in this area

    25 Total Sales

    Sean Hegarty
    Section Image

  • J

    Buyer's Agent in 2024

    James Kenny

    K2 Realty, Inc. (NPB)

    (561) 691-1223

    24 in this area

    38 Total Sales

    James Kenny
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10964279

BeachesMLS

APN: 00-43-41-33-07-000-2100

Florida Palm Beach County North Palm Beach 33408

866 Palm Way Rd, North Palm Beach, FL

This home is located at 866 Palm Way Rd, North Palm Beach, FL 33408 since 29 February 2024 and is currently estimated at $6,162,596, approximately $1,597 per square foot. This property was built in 1967. 866 Palm Way Rd is a home located in Palm Beach County with nearby schools including The Conservatory School at North Palm Beach, William T. Dwyer High School, and Batt Private School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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