NOT LISTED FOR SALE

1025 N Atlantic Dr Lantana, FL 33462

Estimated Value: $3,489,000 - $4,119,000

4 Beds
3 Baths
2,568 Sq Ft
$1,498/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $4,000,000 $1,558 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $24,689/month

67 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Vaulted Ceiling
  • Circular Driveway
  • Saltwater Pool
  • Screened Porch
  • 2 Car Attached Garage

About This Home

As of August 2024

A meticulous remodel is rare to find, unless it is completed to last forever.Introducing this spectacular property; sitting on well over 1/3 of an acre and demolished to the studs, this 4-bedroom, 3-bathroom single family underwent a full refinishing to fit my client's exceptional standards. From a structural point of view, you have brand-new roof decking and roof that is double strapped to the trusses, impact windows, and doors throughout. As for infrastructure, brand new plumbing and all-new electrical (panel, outlets, fixtures, and wiring). While having a home that is basically new construction, the finishes will continue to stick to the script. The kitchen boasts a jumbo slab center island, custom cabinetry, natural gas, and top-of-the-line GE appliances.

Last Agent to Sell the Property

Edward Sullivan

Serhant License #3480520 Listed on: 05/16/2024

Serhant

Last Buyer's Agent

Vittorio Faricelli

Serhant License #3442796

Serhant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,079

Year Built

  • Built in 1981

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 175x91
  • Property fronts an intracoastal waterway
  • Property is zoned R1A(ci

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Metal Roof

Interior Spaces

  • 2,568 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Blinds
  • Family Room
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Tile Flooring
  • Intracoastal Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 3 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Home Security System
  • Impact Glass

Outdoor Features

  • Saltwater Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Lake Shores Lantana Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40434434110000190

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,079

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1981
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Dual Sinks, Eat-in Kitchen, High Ceilings, Kitchen/Dining Combo, Pantry, Split Bedrooms, Vaulted Ceiling(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Softener Owned
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Tile
  • Living Area: 2568.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 1
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Enclosed Porch, Patio
  • View: Intercoastal
  • Road Frontage Type: Waterfront
  • Pool Features: Heated, Pool, Salt Water
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Two or More Spaces

Utilities

  • Security: Security System, Closed Circuit Camera(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 40434434110000190
  • Lot Size: 175x91
  • Lot Size Sq Ft: 16632.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 55079.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Aug 19, 2024
Sold by
Hondru Peter J and Hondru Susan L
Bought by
819 North Atlantic Drive Llc
Seller's Agent
Edward Sullivan
Serhant
Buyer's Agent
Vittorio Faricelli
Serhant
List Price
$4,995,000
Sold Price
$4,000,000
Premium/Discount to List
-$995,000
-19.92%
Views
18
Current Estimated Value
$3,847,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$152,401
Avg. Annual Appreciation
-3.38%
Original Mortgage
$6,474,000
Outstanding Balance
$6,401,021
Interest Rate
6.89%
Mortgage Type
Construction
Estimated Equity
-$2,553,422

Purchase Details

Listed on
Mar 29, 2019
Closed on
May 31, 2019
Sold by
Nelkin Frank and Nelkin Maria
Bought by
Hondru Peter J and Hondru Susan L
Seller's Agent
Amanda Zachman
MV Realty PBC LLC
Buyer's Agent
Peggy Doepper
Douglas Elliman
List Price
$1,799,000
Sold Price
$1,672,500
Premium/Discount to List
-$126,500
-7.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.18%

Purchase Details

Listed on
Feb 24, 2016
Closed on
Jun 30, 2016
Sold by
Clarke James P
Bought by
Nelkin Frank
Seller's Agent
Patricia Towle
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Amanda Zachman
MV Realty PBC LLC
List Price
$1,725,000
Sold Price
$1,465,000
Premium/Discount to List
-$260,000
-15.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$999,999
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 22, 2013
Sold by
Clarke James P and Clarke Carol Ann
Bought by
Clarke James P and Clarke Carol A
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 Buyer Sale Price Title Company
819 North Atlantic Drive Llc $4,000,000 Patch Reef Title
819 North Atlantic Drive Llc $4,000,000 Patch Reef Title
Hondru Peter J $1,672,500 Assure America Title Company
Nelkin Frank $1,465,000 None Available
Clarke James P -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 819 North Atlantic Drive Llc $6,474,000
Closed 819 North Atlantic Drive Llc $6,474,000
Previous Owner Nelkin Frank $999,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2024 08/19/24 Sold $4,000,000 -16.6% $1,558 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
06/26/2024 06/26/24 Price Changed $4,795,000 -4.0% $1,867 / Sq Ft
05/16/2024 05/16/24 For Sale $4,995,000 +198.7% $1,945 / Sq Ft
05/31/2019 05/31/19 Sold $1,672,500 -7.0% $518 / Sq Ft View Prior Sale
05/01/2019 05/01/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $1,799,000 +22.8% $557 / Sq Ft
06/30/2016 06/30/16 Sold $1,465,000 -15.1% $570 / Sq Ft View Prior Sale
05/31/2016 05/31/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $1,725,000 -- $672 / 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 $50,510 $2,479,268 -- --
2023 $55,079 $2,253,880 $0 $0
2022 $48,588 $2,048,982 $0 $0
2021 $39,271 $1,978,190 $1,750,000 $228,190
2020 $35,412 $1,693,374 $1,470,000 $223,374
2019 $33,138 $1,607,639 $1,400,000 $207,639
2018 $32,666 $1,627,736 $1,403,015 $224,721
2017 $31,719 $1,520,893 $1,403,015 $117,878
2016 $12,027 $592,093 $0 $0
2015 $12,277 $587,977 $0 $0
2014 $11,968 $578,945 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10987974

BeachesMLS

APN: 40-43-44-34-11-000-0190