$1,050,000
SOLD DEC 2, 2024

918 Marginal Rd West Palm Beach, FL 33411

5 Beds
4 Baths
4,892 Sq Ft
2.02 Acres

Recently Sold

$215 Per Sq Ft

31% Below List Price

164 Days on Market

Highlights

  • Private Pool
  • RV Access or Parking
  • Marble Flooring
  • Everglades Elementary School Rated A-
  • Fruit Trees
  • Garden View

About This Home

As of December 2024

PRICE IMPROVEMENT on this oversized oasis nestled on the border of Wellington and West Palm Beach, Florida. This expansive 2.02-acre property offers endless possibilities for outdoor enjoyment and flexible living spaces. The main house boasts 4892 sq ft, featuring 5 bedrooms, an office and extra room as well as 4 bathrooms. Meanwhile, the second house provides an additional 498 sq ft with 2 bedrooms and 1 bathroom, (currently used as a rental but perfect as a guest house or in-law quarters.)This property presents an excellent opportunity--bring your vision and transform the homes to your own taste or maintain the Florida vibe and enjoy as is!

Last Agent to Sell the Property

Michele Barone

Keller Williams Realty - Welli License #3356985 Listed on: 06/18/2024

Keller Williams Realty - Welli

Last Buyer's Agent

Michele Barone

Keller Williams Realty - Welli License #3356985 Listed on: 06/18/2024

Keller Williams Realty - Welli

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,029

Year Built

  • Built in 1976

Lot Details

  • 2.02 Acre Lot
  • Fenced
  • Fruit Trees
  • Property is zoned AR

Property Views

  • Garden
  • Pool

Home Design

  • Concrete Roof

Interior Spaces

  • 4,892 Sq Ft Home
  • 1-Story Property
  • Skylights
  • French Doors
  • Combination Kitchen and Dining Room
  • Marble Flooring
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Home Security

  • Home Security System
  • Security Gate

Parking

  • Over 1 Space Per Unit
  • Circular Driveway
  • RV Access or Parking

Pool

  • Private Pool
  • Automatic Pool Chlorinator

Outdoor Features

  • Patio
  • Outdoor Grill

Schools

  • Everglades Elementary School

Utilities

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

Community Details

  • Palm Beach Farms Co 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424327050110624

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,029

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1976
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: French Door(s)/Atrium Door(s), Kitchen/Dining Combo, Split Bedrooms, Skylights, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Flooring: Marble
  • Living Area: 4892.0
  • Stories: 1
  • Window Features: Skylight(s)

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Outdoor Grill, Patio, TV Antenna
  • View: Garden, Pool
  • Pool Features: Automatic Chlorination, Other, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete, Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Circular Driveway, RV Access/Parking, Two or More Spaces

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: Everglades (Broward)

Lot Info

  • Parcel #: 00424327050110624
  • Lot Size: 2 to < 3 Acres
  • Lot Size Sq Ft: 87991.0
  • Zoning Description: AR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12029.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Nov 22, 2024
Sold by
Duran Jose O and Duran Monina A
Bought by
Barone Pellegrino
Seller's Agent
Michele Barone
Keller Williams Realty - Welli
Buyer's Agent
Michele Barone
Keller Williams Realty - Welli
List Price
$1,525,000
Sold Price
$1,050,000
Premium/Discount to List
-$475,000
-31.15%
Views
81
Current Estimated Value
$1,176,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,239
Avg. Annual Appreciation
11.11%
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 Type Sale Price Title Company
Warranty Deed $1,050,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $1,050,000 -17.6% $215 / Sq Ft
07/27/2024 07/27/24 Price Changed $1,275,000 -16.4% $261 / Sq Ft
06/20/2024 06/20/24 For Sale $1,525,000 -- $312 / 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 $6,134 $390,796 -- --
2023 $12,029 $379,414 $0 $0
2022 $11,982 $368,363 $0 $0
2021 $6,524 $357,634 $0 $0
2020 $6,467 $352,696 $0 $0
2019 $6,399 $344,766 $0 $0
2018 $6,045 $338,338 $0 $0
2017 $5,921 $331,379 $0 $0
2016 $5,933 $324,563 $0 $0
2015 $6,062 $322,307 $0 $0
2014 $6,078 $319,749 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10997708

BeachesMLS

APN: 00-42-43-27-05-011-0624