Distinctive Communities / East of Olive / Parcel map
Historical MLS sale · MLS R10786058
242 E Lakewood Road, West Palm Beach, FL 33405
Sold 05/02/22 for $3,500,000 · $1,080 per living sq ft
Source: BeachesMLS · MLS reporting cutoff 11/03/26
- MLS #
- R10786058
- Status
- Closed — historical sale
- Sale date
- 05/02/22
- Sold price
- $3,500,000
- Price per living sq ft
- $1,080
- Original asking price
- $4,250,000
- Final asking price
- $4,250,000
- Sold price as a share of final asking
- 82.4%
- Listed
- 03/25/22
- Under contract
- 03/30/22
- Days from listing to contract
- 5 days
- Property type
- Single Family Residence
- Bedrooms
- 4
- Bathrooms
- 4.5
- Living area
- 3,240 sq ft
- Year built
- 1940
- Subdivision (tax)
- East Of Olive
- Waterfront
- None
- Parcel ID
- 74434403100060051
- Listing brokerage
- Compass Florida LLC
- Listing brokerage email
- mlsfl@compass.com
- Listing brokerage MLS ID
- 273007303
How this sale compared
$1,080 per living sq ft · 5 days to contract · sold for $3,500,000
How this sale compared with several groups of East of Olive sales during the two years before it closed (05/02/20 to 05/02/22). Each row looks at one characteristic; these are not adjusted comparable valuations.
Above the median price per square foot in the one group shown, and under contract faster than the one group shown.
These comparisons don't explain why; condition, improvements and other differences need a closer look.
| Compared with | Median price per sq ft | Median days to contract | Sale-price rank |
|---|---|---|---|
| Whole communityEast of Olive300 other sales · 1,522 properties | $568based on 300 other sales | 21 daysbased on 293 other sales | 36th highest of 301 |
| StreetE Lakewood Road0 other sales · 14 properties | No other sales | – | Only sale |
Groups follow the county property appraiser's records. Each median leaves out this sale and appears once the other sales reach 1% of the group's properties. A comparison describes the market at the time; it is not a valuation. East of Olive market report · How these are compared
Want a closer look at this sale?
David can walk through what may have set this sale apart, such as condition, updates and setting within East of Olive, and what it could mean for a property you own or are considering.
Other sales of this property
| Sale date | Sold price | MLS # |
|---|---|---|
| 03/31/11 | $605,000 | R3143848 |
| 01/25/05 | $915,000 | R2424171 |
These details describe this listing at the time of sale. Features, condition, ownership and subdivision labels may have changed since. This is a recorded closed MLS sale for this parcel in the saved dataset, which may not include every transaction.
East of Olive market report · Parcel map and sales · Official tax record