by RH Advisors

See Home Value
$635,000
House - Off Market

1521 S Palmway

Lake Worth, FL 33460
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1357 Sqft
$3,921
Estimated Monthly
4.26%
Cap Rate

About This Property

Key West-style home in Lake Worth Beach's historic district. This cozy 3 bedroom, 2 bath residence offers a touch of luxury with espresso floors and modern stainless steel appliances. Benefit from practical upgrades like a new roof (2018) and hurricane impact windows, ensuring comfort and security. The backyard is a private escape, featuring a saltwater pool and hot tub set in a serene, landscaped setting. Conveniently located just two blocks from the Intracoastal and a quick bike ride to downtown Lake Worth and the beach, this home combines everyday comfort with easy access to local highlights. Perfect for those seeking a peaceful retreat with a hint of coastal charm.
Unit Size
1,357Ft²
Days on Market
136 days
Land Size
0.17 acres
Price per sqft
$500
Property Type
House
Property Taxes
$587
HOA Dues
-
Year Built
1957
Last updated: 2 months ago (Miami MLS #A11504937)

Price History

Date / Event Date Event Price
May 10, 2024 Sold $635,000
Sold
Apr 17, 2024 In contract -
In contract
Mar 13, 2024 Price Decreased $679,000
↓ $70K (9.4%)
Price Decreased
Jan 26, 2024 Price Decreased $749,000
↓ $46K (5.8%)
Price Decreased
Dec 26, 2023 Listed by Miles Goldstein Real Estate $795,000
Listed by Miles Goldstein Real Estate
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 209
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 150
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,646
  • Gross Building Area: 1,646
  • Building Area: 1,357
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,357
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TO TOWN OF LAKE WORTH
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADD 1 TO TOWN OF LAKE WORTH LT 14 BLK 85

Ownership

  • Current Owner : LANGONE ERIC ANTHONY
  • Previous Owner : MOSCOSO JENNIFER
  • Owner Before Previous Owner: METZL JUSTIN MARK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005300

Zoning

  • Zoning: SFR

Geography

  • Assessors Map Reference: 254
  • Parcel: 38-43-44-27-01-085-0140
  • Block: 85
  • Lot: 14
  • Meridian: SEC 27 TWN 44S RNG 43E
  • Municipality: LAKE WORTH
  • Latitude: 26.5968
  • Longitude: -80.0517

    Address

  • Full Address: 1521 S Palmway
  • Address - House Number: 1521
  • Street Direction: S
  • Address - Street Name: Palmway
  • State: FL
  • City Name: Lake Worth Beach
  • Carrier Code: C024
  • 4-Digit Zip Code: 5765
  • Zip Code: 33460

Valuation

    Tax

  • Total Area: 1,468
  • Tax Year: 2022
  • Tax Amount: $6,917
  • Tax Rate Code Area: 38457

    Appraisal Valuation

  • Standard Deviation: 0.2066
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 642,751
  • High Value: 775,558
  • Low Value: 509,944

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $399,000
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: May 17, 2021
  • First Open Lien Mortgage Loan Amount: $399,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $426,323
  • Market Land Value: $232,500
  • Market Improvement Value: $193,823

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $325,505

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 11, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Transaction ID: 11836924584
  • Current Sale Price: $30,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210226109
  • Previous Sale Recording Date: Oct 20, 2020
  • Previous Sale Contract Date: Oct 09, 2020
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: May 17, 2021
  • First Mortgage Loan Amount: $399,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • Previous Mortgage Transaction Date: Oct 20, 2020
  • Previous Mortgage Loan Amount: $394,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,340 ft²
$448/ft²
$600,000 Dec 13, 2023
$600,000 Jan 16, 2024
$876/mo
Condo
2 Beds
2 Baths
1,402 ft²
$510/ft²
$715,000 Nov 10, 2023
$715,000 Feb 2, 2024
$2,150/mo
House
4 Beds
3 Baths
2,097 ft²
$268/ft²
$561,500 Mar 11, 2024
$561,500 May 6, 2024
$402/mo
House
3 Beds
2 Baths
1,476 ft²
$402/ft²
$594,000 Feb 1, 2024
-
$567/mo
House
3 Beds
2 Baths
1,636 ft²
$419/ft²
$685,000 Mar 13, 2024
-
$725/mo
House
2 Beds
2 Baths
1,436 ft²
$540/ft²
$775,000 Apr 26, 2024
-
$843/mo
House
2 Beds
1 Bath
1,308 ft²
$497/ft²
$650,000 May 9, 2024
-
$561/mo
House
2 Beds
1 Bath
1,433 ft²
$502/ft²
$719,000 Feb 20, 2024
-
$518/mo
House
4 Beds
2 Baths
1,532 ft²
$486/ft²
$745,000 Apr 19, 2024
-
$961/mo
House
3 Beds
3 Baths
2,345 ft²
$309/ft²
$725,000 Mar 10, 2024
-
$528/mo
Condo
3 Beds
2 Baths
1,588 ft²
$472/ft²
$749,000 Apr 2, 2024
-
$1,968/mo
House
3 Beds
2 Baths
2,258 ft²
$255/ft²
$575,000 Feb 22, 2024
-
$631/mo

About South Palm Park


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Frequently Asked Questions

When was property at 1521 South Palmway built and last sold?
The property at 1521 South Palmway was built in 1957 and last sold on May 11, 2021 for $30,000.
How much is this home worth?
The estimated value of the home located at 1521 South Palmway is $789,790.
What are some comparable homes to 1521 South Palmway?
Homes that are comparable to 1521 South Palmway include a house property at 731 South J Street, 731 South Lakeside Drive, 116 Sunrise Avenue.

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