NOT LISTED FOR SALE

Estimated Value: $864,511 - $923,000

4 Beds
2.5 Baths
2,897 Sq Ft
$309/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $510,000 $176 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,459/month

145 Days on Market

Highlights

  • Horses Allowed in Community
  • Free Form Pool
  • Vaulted Ceiling
  • Discovery Key Elementary School Rated A-
  • Recreation Room
  • Cooling Available

About This Home

As of December 2020

Palm Beach Ranchettes is an Equestrian community located in Western Lake Worth and offers its residents Country Living in the Heart of Palm Beach County in close proximity to WEF,Polo, Shopping and Dining.At median list price for the Rachettes at $714500, this price leaves plenty of room for your own touches! Fully fenced Private Property features Oversized Detached Garage,6 Stall Metal Roof Barn and Tack ,and Freeform Pool. Kitchen Boasts Rich Wood Cabinetry with Trendy Glass Door on upper Cabinets and Granite Tops. Pleasing Split Floor Plan with Most rooms Overlooking Patio and Pool. Experience the Freedom of NO HOA living with plenty of room for your horses, pets, Rv's or trucks on over an acre of land! Seller has disclosed permit issues and is working on resolving.

Last Agent to Sell the Property

Maria Gionta

Atlantic Florida Properties Inc License #3262262 Listed on: 06/24/2020

Atlantic Florida Properties Inc

Co-Listed By

Andrew Gionta

Atlantic Florida Properties Inc License #3398568

Last Buyer's Agent

Matt Lupton

Total Realty Concepts LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,253

Year Built

  • Built in 1981

Lot Details

  • 1.01 Acre Lot
  • Fenced
  • Sprinkler System
  • Property is zoned AR

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,897 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Family Room
  • Recreation Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Clay
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Free Form Pool
  • Patio

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424419010040030

Community Details

Overview

  • Palm Beach Ranchettes Subdivision

Recreation

  • Horses Allowed in Community
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,253

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Forest Hill Blvd to South on State Rd 7, east on Palomino Dr, Left on Fargo ave, Right on Pinion Dr. Home is on Right
  • Year Built: 1981
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms, Vaulted Ceiling(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Clay
  • Living Area: 2897.0
  • Dining Room Type: Family Room, Laundry, Recreation
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: Sprinkler System
  • Pool Features: Free Form, Other, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424419010040030
  • Horse Amenities: Horses Allowed
  • Lot Size: 1 to < 2 Acres
  • Lot Size Sq Ft: 44000.0
  • Zoning Description: AR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5253.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Dec 16, 2020
Sold by
Wilson Patrick and Wilson Buffie
Bought by
Deoliveira Emerson G and Machado Edna M
Seller's Agent
Maria Gionta
Atlantic Florida Properties Inc
Buyer's Agent
Matt Lupton
Total Realty Concepts LLC
List Price
$574,900
Sold Price
$510,000
Premium/Discount to List
-$64,900
-11.29%
Current Estimated Value
$896,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,170
Avg. Annual Appreciation
16.44%
Original Mortgage
$459,000
Outstanding Balance
$413,326
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$636,093

Purchase Details

Closed on
May 2, 2006
Sold by
Wilson Kendra and Wilson Patrick
Bought by
Wilson Patrick

Purchase Details

Closed on
Feb 28, 2003
Sold by
Wilson Patrick
Bought by
Wilson Patrick

Purchase Details

Closed on
Jun 7, 2002
Sold by
Vonutter Marc R and Vonutter Andrea
Bought by
Wilson Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.37%

Purchase Details

Closed on
Dec 28, 2000
Sold by
Mariana Victor E and Mariana Vajna
Bought by
Vonutter Marc R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,200
Interest Rate
7.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 1993
Sold by
Grande Lenann Holdings Inc
Bought by
Vajna Victor E

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
7.22%
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
Deoliveira Emerson G $510,000 Accommodation
Wilson Patrick -- Attorney
Wilson Patrick -- --
Wilson Patrick $265,000 Universal Land Title Inc
Vonutter Marc R $228,000 --
Vajna Victor E $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deoliveira Emerson G $459,000
Previous Owner Wilson Patrick $200,000
Previous Owner Vonutter Marc R $205,200
Previous Owner Vajna Victor E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $510,000 -11.3% $176 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $574,900 -- $198 / 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 $8,205 $506,456 -- --
2023 $8,013 $491,619 $300,120 $191,499
2022 $7,916 $477,379 $0 $0
2021 $7,830 $460,834 $175,500 $285,334
2020 $5,309 $277,541 $0 $0
2019 $5,253 $271,301 $0 $0
2018 $5,000 $266,242 $0 $0
2017 $4,941 $260,766 $0 $0
2016 $4,948 $255,403 $0 $0
2015 $5,048 $253,628 $0 $0
2014 $5,057 $251,615 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10633230

BeachesMLS

APN: 00-42-44-19-01-004-0030