$280,000
SOLD MAY 23, 2025
3 Beds
2 Baths
1,120 Sq Ft
1981 Built

Recently Sold

$250 Per Sq Ft

2% Below List Price

84 Days on Market

Highlights

  • Central Heating and Cooling System
  • Vinyl Flooring
  • 1-Story Property
  • Washer and Dryer
  • Villa

About This Home

As of May 2025

Attention Investors! This updated villa is a This beautifully renovated villa on Summit Boulevard offers 3 spacious bedrooms and 2 full baths, thoughtfully remodeled to blend modern elegance with everyday functionality. Currently operating at a 7.6% Cap Rate in West Palm Beach!! The open floor plan creates an inviting flow, perfect for both entertaining and relaxing. New flooring throughout enhances the visual appeal of each room, while the kitchen shines with sleek, contemporary finishes and brand-new appliances, ensuring a smooth cooking experience. Both bathrooms have been transformed into luxurious retreats, designed for comfort and relaxation.

Last Agent to Sell the Property

Russell Pemberton

Keller Williams Realty - Welli License #3460854 Listed on: 01/29/2025

Keller Williams Realty - Welli

Co-Listed By

Jaine Pemberton

Keller Williams Realty - Welli License #3511893

Last Buyer's Agent

Valesca Pegas

VIP International Realty LLC License #3454941

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,219

Year Built

  • Built in 1981

HOA Fees

  • $385 Monthly HOA Fees

Home Design

  • Villa

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Washer and Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Property is zoned RM
  • Central Heating and Cooling System

Community Details

  • Summit Villas Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424412370004724
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,219

Year Built

Built in 1981

Lot Details

0

HOA Fees

$385 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Condominium,Villa
  • Directions: Between Haverhill and Military on Summit BLVD
  • Year Built: 1981
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Vinyl
  • Living Area: 1120.0
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 385.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 00424412370004724
  • Zoning Description: RM

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4219.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
May 16, 2025
Sold by
3Mbenedicto Llc
Bought by
Arca Summit Villas Llc
Seller's Agent
Russell Pemberton
Keller Williams Realty - Welli
Buyer's Agent
Valesca Pegas
VIP International Realty LLC
List Price
$284,999
Sold Price
$280,000
Premium/Discount to List
-$4,999
-1.75%
Views
92
Current Estimated Value
$287,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,192
Avg. Annual Appreciation
8.25%

Purchase Details

Listed on
Dec 13, 2023
Closed on
Dec 13, 2023
Sold by
Carmela M Investments Llc
Bought by
3Mbenedicto Llc
Seller's Agent
Russell Pemberton
Keller Williams Realty - Welli
Buyer's Agent
Jaine Pemberton
Keller Williams Realty - Welli
Sold Price
$2,800
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.73%
Original Mortgage
$221,812
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 23, 2021
Closed on
Apr 18, 2022
Sold by
Vikmax Inc
Bought by
Carmela M Investments Llc
Seller's Agent
Fabiana Moussegne
Century 21 Integra
Buyer's Agent
Sylvia Pozo
Lexico Realty Inc
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%

Purchase Details

Listed on
Jan 7, 2021
Closed on
Apr 9, 2021
Sold by
Johnson Sheldon M and Johnson Michelle A
Bought by
Vikmax Inc
Seller's Agent
Jon O
J Edward Realty Group Inc.
Buyer's Agent
Jonathan Okoh
J Edward Realty Group Inc.
List Price
$189,900
Sold Price
$167,000
Premium/Discount to List
-$22,900
-12.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.56%

Purchase Details

Closed on
Aug 22, 2017
Sold by
Johnson Sheldon and Johnson Michelle A
Bought by
Johnson Sheldon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 16, 2008
Sold by
Helvetica Reo Investors Llc
Bought by
Johnson Sheldon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2008
Sold by
Ameriquest Funding Ii Reo Subsidiary Llc
Bought by
Helvetica Financial Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2008
Sold by
Orozco Marvin and Argent Mortgage Co Llc
Bought by
Ameriquest Funding Ii Reo Subsidiary Llc

Purchase Details

Closed on
Dec 13, 2006
Sold by
Summit Villas Llc
Bought by
Orozco Marvin

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
7.1%
Mortgage Type
Purchase Money Mortgage
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 $280,000 Trident Title
Warranty Deed $280,000 Trident Title
Warranty Deed $295,750 Landcastle Title Group
Warranty Deed $295,750 Landcastle Title Group
Warranty Deed $267,000 Quaker Title & Escrow
Warranty Deed $167,000 Nautica Title Usa Inc
Warranty Deed $167,000 Nautica Title Usa
Interfamily Deed Transfer -- Attorney
Warranty Deed $72,000 Accurate Title Closings Inc
Quit Claim Deed -- Accurate Title Closings Inc
Corporate Deed $25,000 Landamerica
Trustee Deed -- None Available
Special Warranty Deed $250,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $221,812 New Conventional
Previous Owner $65,000 Credit Line Revolving
Previous Owner $52,000 Purchase Money Mortgage
Previous Owner $200,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $280,000 -1.8% $250 / Sq Ft
04/23/2025 04/23/25 Pending -- -- --
04/18/2025 04/18/25 For Sale $284,999 0.0% $254 / Sq Ft
04/18/2025 04/18/25 Price Changed $284,999 +1.8% $254 / Sq Ft
03/07/2025 03/07/25 Off Market $280,000 -- --
02/27/2025 02/27/25 Price Changed $309,999 -3.1% $277 / Sq Ft
02/21/2025 02/21/25 Price Changed $319,999 -8.6% $286 / Sq Ft
01/29/2025 01/29/25 For Sale $349,999 0.0% $312 / Sq Ft
01/25/2024 01/25/24 Rented $2,800 0.0% --
01/07/2024 01/07/24 Price Changed $2,800 0.0% $3 / Sq Ft
12/13/2023 12/13/23 Sold $295,750 0.0% $264 / Sq Ft
12/13/2023 12/13/23 For Rent $2,850 0.0% --
09/21/2023 09/21/23 Price Changed $299,900 -5.4% $268 / Sq Ft
08/25/2023 08/25/23 Price Changed $317,000 -0.6% $283 / Sq Ft
08/11/2023 08/11/23 Price Changed $319,000 -3.0% $285 / Sq Ft
08/07/2023 08/07/23 Price Changed $329,000 -2.1% $294 / Sq Ft
07/31/2023 07/31/23 Price Changed $335,900 -1.2% $300 / Sq Ft
06/28/2023 06/28/23 Price Changed $339,900 -1.4% $303 / Sq Ft
06/20/2023 06/20/23 Price Changed $344,900 -1.2% $308 / Sq Ft
05/16/2023 05/16/23 For Sale $349,000 0.0% $312 / Sq Ft
05/13/2023 05/13/23 Off Market $349,000 -- --
04/27/2022 04/27/22 For Sale $359,000 +35.5% $321 / Sq Ft
04/19/2022 04/19/22 Sold $265,000 -1.5% $237 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
03/16/2022 03/16/22 Price Changed $269,000 +3.9% $240 / Sq Ft
02/02/2022 02/02/22 For Sale -- -- --
12/02/2021 12/02/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $259,000 +55.1% $231 / Sq Ft
04/09/2021 04/09/21 Sold $167,000 -12.1% $148 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $189,900 -- $168 / 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 $4,219 $240,000 -- --
2023 $3,995 $225,000 $0 $225,000
2022 $2,892 $154,008 $0 $0
2021 $504 $38,053 $0 $0
2020 $492 $37,528 $0 $0
2019 $483 $36,684 $0 $0
2018 $448 $36,000 $0 $0
2017 $416 $35,260 $0 $0
2016 $405 $34,535 $0 $0
2015 $405 $34,295 $0 $0
2014 $403 $34,023 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11056942

BeachesMLS

APN: 00-42-44-12-37-000-4724