NOT LISTED FOR SALE

1350 Park Ln West Palm Beach, FL 33417

Estimated Value: $1,005,534 - $1,599,000

-- Bed
6 Baths
6,048 Sq Ft
$229/Sq Ft Est. Value

Last Sold July 12, 2012

Last sale price $479,000 $79 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $8,306/month

82 Days on Market

Highlights

  • Patio
  • Central Heating and Cooling System
  • 4-minute walk to ​​​Stacy Street Park
  • Ceramic Tile Flooring
  • Fenced

About This Home

As of July 2012

3 units are 3bedrooms-2 baths, then 3 units are 2 bedrooms-1 baths...all rented!!!!!!! cement block!! new roof in 2004!!! central air units, all have utitlities with washer and dryer. city water!!!!! septic tank...( drainfiled was done 2009!!!!!) huge lot, big parking lot. great street in quiet haverhill sleepy town. mostly expensive homes of 1/2 acre plus!!!!! county taxes!!!!!!!! # 1370 park ln rents for $750 ( 2brs-1 bath). 1360 park lane rents for $750 (2bedrooms-1 bath ) THIS IS by far the best investment around. Future value as well!!! living rooms and kitchens have tile, carpet in bedrooms. all units have washer and dryer and they belong to the property!!! by the way, there is a well that is not operating, but it could!!!!

Last Agent to Sell the Property

NELSON MOSCOSO

Century 21 America's Choice/WPB License #426245 Listed on: 03/20/2012

Century 21 America's Choice/WPB

Last Buyer's Agent

George Gamble

Century 21 America's Choice/WPB License #147164

Century 21 America's Choice/WPB

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,746

Year Built

  • Built in 1979

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 6,048 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Additional Features

  • Patio
  • Fenced

Listing and Financial Details

  • Total Actual Rent $65,040
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 00424325000007470

Community Details

Overview

  • 4 Units
  • Acreage & Unrec Subdivision

Building Details

  • Operating Expense $5,040
  • Net Operating Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,746

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: off belvedere rd, just west of military trail, or E. of haverhill. north si
  • Year Built: 1979
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 6048.0

Exterior Features

  • Exterior Features: Fence, Patio
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No

Lot Info

  • Parcel #: 00424325000007470
  • Lot Size: .98 acre
  • Zoning Description: Rh

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 60000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 5040.0
  • Total Actual Rent: 65040.0

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 6746.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2012
Closed on
Jul 13, 2012
Sold by
Neudorff John C and Neudorff Jean C
Bought by
Foreclosuure Advisors Llc
Seller's Agent
NELSON MOSCOSO
Century 21 America's Choice/WPB
Buyer's Agent
George Gamble
Century 21 America's Choice/WPB
List Price
$479,000
Sold Price
$479,000
Current Estimated Value
$1,383,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$904,884
Avg. Annual Appreciation
8.30%

Purchase Details

Closed on
Jun 24, 2005
Sold by
Turner George and Turner Todd
Bought by
Neudorff Johnn C and Neudorff Jean C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
5.66%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 26, 2002
Sold by
Kaybee Holdings Llc
Bought by
Turner George and Turner Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.12%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 9, 2001
Sold by
Kelley Sharon S
Bought by
Kaybee Holdings

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
7.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Foreclosuure Advisors Llc $479,000 Sage Title & Escrow
Neudorff Johnn C $619,125 Signature Title Llc
Turner George $390,000 Express Land Title Inc
Kaybee Holdings $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neudorff Johnn C $464,000
Previous Owner Turner George $300,000
Previous Owner Kaybee Holdings $243,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2012 07/12/12 Sold $479,000 0.0% $79 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
03/21/2012 03/21/12 For Sale $479,000 -- $79 / 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 $12,574 $559,215 -- --
2023 $13,598 $508,377 $280,962 $799,697
2022 $12,128 $462,161 $0 $0
2021 $11,360 $617,064 $180,000 $437,064
2020 $10,868 $597,942 $216,000 $381,942
2019 $10,634 $597,942 $216,000 $381,942
2018 $8,251 $368,915 $70,875 $298,040
2017 $7,804 $368,915 $70,875 $298,040
2016 $7,574 $260,877 $0 $0
2015 $7,534 $237,161 $0 $0
2014 $7,156 $215,601 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2012

    NELSON MOSCOSO

    Century 21 America's Choice/WPB

    33 Total Sales

    NELSON MOSCOSO
    Section Image

  • G

    Buyer's Agent in 2012

    George Gamble

    Century 21 America's Choice/WPB

    (561) 968-9292

    6 Total Sales

    George Gamble
    Section Image
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Map

Source: BeachesMLS

MLS Number: R3268469

BeachesMLS

APN: 00-42-43-25-00-000-7470

Florida Palm Beach County West Palm Beach 33417

1350 Park Ln, West Palm Beach, FL

This home is located at 1350 Park Ln, West Palm Beach, FL 33417 since 20 March 2012 and is currently estimated at $1,383,884, approximately $228 per square foot. This property was built in 1979. 1350 Park Ln is a home located in Palm Beach County with nearby schools including Hope-Centennial Elementary School, Bear Lakes Middle School, and Palm Beach Lakes Community High 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.

BeachesMLS 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.

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