NOT LISTED FOR SALE

1500 S Palmway Lake Worth, FL 33460

South Palm Park Neighborhood

Estimated Value: $827,000 - $1,066,023

4 Beds
3.5 Baths
2,562 Sq Ft
$373/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $825,000 $322 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,821/month

177 Days on Market

Highlights

  • Outdoor Pool
  • Sun or Florida Room
  • No HOA
  • 22,500 Sq Ft lot
  • Pool View
  • Cooling System Mounted To A Wall/Window

About This Home

As of February 2024

A huge(!!!) home offering over 4,000 sqf of south Florida charm. Large Florida room, 4 car garage. Lot is 22,500 sqf Close to the water! Sits on one of the largest lots in lake worth this nostalgic 1931 home offers an exceptional opportunity. Lots of potential, TLC, handyman special! It's an historical building and the city has to approve every changes. Sold ASIS, no seller disclosure will be provided.

Last Listed By

Eyal Melamed

ISRAM Realty & Management License #3365148 Listed on: 07/19/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,759

Year Built

  • Built in 1931

Lot Details

  • 0.52 Acre Lot
  • Northwest Facing Home
  • Property is zoned SF-R (ci

Parking

  • 4 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 2,562 Sq Ft Home
  • 2-Story Property
  • Sun or Florida Room
  • Pool Views
  • Dryer

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Outdoor Pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • No Home Owners Association
  • Lake Worth Town Of Add 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434427010860060

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,759

Year Built

Built in 1931

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1931
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: LAKE WORTH TOWN OF ADD 1
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range
  • Interior Amenities: First Floor Entry, Florida Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 2562
  • Possible Use: Primary
  • Bedroom Features: Other
  • Living Room Features: Florida Room

Exterior Features

  • Roof: Other, Shingle
  • View: Pool
  • Exterior Features: Other
  • Direction Faces: Northwest
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: Other
  • Pool Private: No
  • Property Condition: Handyman Special
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKE WORTH TOWN OF ADD 1
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Covered

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 38434427010860060
  • Lot Size Sq Ft: 22500
  • Zoning: SF-R (ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6759

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Feb 14, 2024
Sold by
Baghramyan Asya
Bought by
Corinthian Architecture & Design Gallery Llc
Seller's Agent
Eyal Melamed
ISRAM Realty & Management
Buyer's Agent
jeannine principe
Compass Florida LLC (PB)
List Price
$990,000
Sold Price
$825,000
Premium/Discount to List
-$165,000
-16.67%
Total Days on Market
177
Views
116
Current Estimated Value
$954,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,506
Avg. Annual Appreciation
10.17%
Original Mortgage
$405,000
Outstanding Balance
$209,222
Interest Rate
6.66%
Mortgage Type
Balloon
Estimated Equity
$716,598

Purchase Details

Closed on
Mar 8, 2007
Sold by
Hagopian Philip N and Hagopian Gayane
Bought by
Hagopian Philip N

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
Corinthian Architecture & Design Gallery Llc $825,000 None Listed On Document
Hagopian Philip N -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corinthian Architecture & Design Gallery Llc $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $825,000 -2.8% $322 / Sq Ft
01/13/2024 01/13/24 Pending -- -- --
08/13/2023 08/13/23 Price Changed $849,000 -9.7% $331 / Sq Ft
07/31/2023 07/31/23 Price Changed $940,000 -5.1% $367 / Sq Ft
07/19/2023 07/19/23 For Sale $990,000 -- $386 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $17,926 $783,638 -- --
2023 $6,794 $350,336 $0 $0
2022 $6,759 $340,132 $0 $0
2021 $501 $330,225 $0 $0
2020 $496 $325,666 $0 $0
2019 $487 $318,344 $0 $0
2018 $484 $312,408 $0 $0
2017 $493 $305,982 $0 $0
2016 $491 $299,689 $0 $0
2015 $491 $297,606 $0 $0
2014 $496 $295,244 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eyal Melamed

    Seller's Agent in 2024

    Eyal Melamed

    ISRAM Realty & Management

    (305) 615-9399

    1 in this area

    63 Total Sales

    Eyal Melamed
    Section Image
  • jeannine principe

    Buyer's Agent in 2024

    jeannine principe

    Compass Florida LLC (PB)

    (516) 840-5767

    1 in this area

    96 Total Sales

    jeannine principe
    Section Image
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Source: MIAMI REALTORS® MLS

MLS Number: A11421899

MIAMI REALTORS® MLS

APN: 38-43-44-27-01-086-0060

Florida Palm Beach County Lake Worth 33460 South Palm Park

1500 S Palmway, Lake Worth, FL

Homes for Sale in Lake Worth, FL

This home is located at 1500 S Palmway, Lake Worth, FL 33460 since 19 July 2023 and is currently estimated at $954,506, approximately $372 per square foot. This property was built in 1931. 1500 S Palmway is a home located in Palm Beach County with nearby schools including Barton Elementary School, Lake Worth High School, and Lantana Middle 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.

MIAMI REALTORS® MLS 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.