NOT LISTED FOR SALE

Estimated Value: $1,259,147 - $1,422,000

4 Beds
6 Baths
3,425 Sq Ft
$385/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $1,200,000 $350 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,335/month

75 Days on Market

Highlights

  • Boat Ramp
  • Wood Flooring
  • Tennis Courts
  • Private Pool
  • Pool View
  • Patio

About This Home

As of August 2023

RARE TROPICAL ESTATE. Welcome to 7519 Palm Rd, one of only two Lake Clarke ''Estate'' lots with a double lot and private gated rear entrance. With almost 5,000 square feet of indoor and outdoor living space, this 4 bedroom, 4 full and two half bathroom home was custom built for endless family gatherings and year-round outdoor enjoyment. Featuring a private and secluded master wing with separate living space, 3 additional guest suites, brand new chefs' kitchen, sprawling resort style gardens and pool, a dedicated workshop, and a massive 2 stall cabana/boat carport with outdoor kitchen this home is turn-key and ready for its new family to start enjoying. Other highlights include complete hurricane impact glass, full house solar power, city water/sewer (a rarity in Lake Clarke Shores), a deep well for sprinkler systems and endless amounts of storage. Properties unique footprint may be suitable for many different family scenarios inclusive of large families, multi-generational living, full-time live in care, in-laws, or income producing possibilities. Close to Boat Ramp, Town Hall and all the Town of Lake Clarke Shores and West Palm Beach has to offer. Furnishings negotiable.

Last Agent to Sell the Property

Lauren Greaves

Brown Harris Stevens of PB License #3278946 Listed on: 06/01/2023

Brown Harris Stevens of PB

Co-Listed By

Sabra Kirkpatrick

Brown Harris Stevens of PB License #3228432

Last Buyer's Agent

Silvia Wolfe

Wolff & Gonzalez Int'l Realty License #3023096

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,747

Year Built

  • Built in 1972

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 95x225
  • East Facing Home
  • Irregular Lot
  • Sprinkler System

Parking

  • 2 Detached Carport Spaces

Home Design

  • Tile Roof
  • Concrete Roof
  • Metal Roof

Interior Spaces

  • 3,425 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Sliding Windows
  • Wood Flooring
  • Pool Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 34434417220000510

Community Details

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Community Basketball Court
  • Trails

Additional Features

  • Lake Clarke 2 Subdivision
  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,747

Year Built

Built in 1972

Lot Details

0.47 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Forest Hill Blvd to W Lake Dr to Arlington Dr to Palm Rd.
  • Year Built: 1972
  • Carport Y N: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Pantry, Upper Level Primary
  • Main Level Bedrooms: 3
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Location: Entry Level Living Area Y
  • Flooring: Wood
  • Living Area: 3425.0
  • Stories: 2
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Pool
  • Lot Features: Irregular Lot, 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale
  • Roof: Concrete, Metal, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Carport Spaces: 2.0
  • Garage Yn: No
  • Parking Features: Detached Carport

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community Features: Boat Facilities
  • Senior Community: No
  • Amenities: Basketball Court, Boating, Picnic Area, Sidewalks, Tennis Court(s), Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 34434417220000510
  • Lot Size Acres: 0.47
  • Lot Size: 95x225
  • Lot Size Sq Ft: 20473.2
  • Mobile Dim Units: Feet
  • Zoning: SFR

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9747.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 25, 2023
Sold by
Greaves Charles F and Greaves Cristy L
Bought by
Andres Javier Hernandez Revocable Trust and Hernandez
Seller's Agent
Lauren Greaves
Brown Harris Stevens of PB
Buyer's Agent
Silvia Wolfe
Wolff & Gonzalez Int'l Realty
List Price
$1,595,000
Sold Price
$1,200,000
Premium/Discount to List
-$395,000
-24.76%
Views
96
Current Estimated Value
$1,317,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,537
Avg. Annual Appreciation
3.84%
Original Mortgage
$960,000
Outstanding Balance
$934,186
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$383,351

Purchase Details

Listed on
Mar 6, 2015
Closed on
Jul 15, 2015
Sold by
Perez Denise
Bought by
Greaves Charles F
Seller's Agent
Elizabeth MacCall
A R E A Arise Real Estate Advisors
Buyer's Agent
Lauren Greaves
Brown Harris Stevens of PB
List Price
$521,000
Sold Price
$450,000
Premium/Discount to List
-$71,000
-13.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$350,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2011
Sold by
Merwin Family Revocable Trust
Bought by
Perez Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 1998
Sold by
Marie Merwin Edward L and Marie Teresa
Bought by
Merwin Edward L

Purchase Details

Closed on
Feb 13, 1996
Sold by
Cecilia Rafael and Cecilia Saladrigas
Bought by
Merwin Edward L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Andres Javier Hernandez Revocable Trust $1,200,000 Equity Land Title
Andres Javier Hernandez Revocable Trust $1,200,000 Equity Land Title
Greaves Charles F $450,000 First American Title Ins Co
Perez Denise $338,000 Attorney
Merwin Edward L $100 --
Merwin Edward L $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andres Javier Hernandez Revocable Trust $960,000
Closed Andres Javier Hernandez Revocable Trust $960,000
Previous Owner Greaves Charles F $350,000
Previous Owner Perez Denise $214,400
Previous Owner Merwin Edward L $212,500
Previous Owner Merwin Edward L $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2023 08/25/23 Sold $1,200,000 -7.3% $350 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
07/06/2023 07/06/23 Price Changed $1,295,000 -7.2% $378 / Sq Ft
06/24/2023 06/24/23 Price Changed $1,395,000 -12.5% $407 / Sq Ft
06/01/2023 06/01/23 For Sale $1,595,000 +254.4% $466 / Sq Ft
07/15/2015 07/15/15 Sold $450,000 -13.6% $138 / Sq Ft View Prior Sale
06/15/2015 06/15/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $521,000 -- $160 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $18,578 $842,123 -- --
2024 $18,578 $823,280 -- --
2023 $9,814 $468,075 $0 $0
2022 $9,746 $454,442 $0 $0
2021 $9,651 $441,206 $151,446 $289,760
2020 $10,096 $457,145 $0 $0
2019 $9,942 $446,867 $0 $0
2018 $9,515 $438,535 $0 $0
2017 $9,414 $429,515 $135,240 $294,275
2016 $10,815 $479,561 $0 $0
2015 $7,099 $319,193 $0 $0
2014 $7,098 $316,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10893982

BeachesMLS (Greater Fort Lauderdale)

APN: 34-43-44-17-22-000-0510

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