NOT LISTED FOR SALE
-- Bed
1 Bath
3,381 Sq Ft
10,000 Sq Ft Lot

Last Sold May 06, 2022

Last sale price $1,999,000 $591 Per Sq Ft

41 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Palm Beach Public School Rated A-
  • Garden View
  • 5-minute walk to Howard Park and Community Center

About This Home

As of May 2022

Grandview Heights compound! 2 adjacent Spanish style homes in the heart of Historic Grandview Heights! 1404 Lake features a 2BR/1BTH main house with original details such as hardwood floors and fireplace. The Main house also futures hurricane impact windows and private outdoor patio. The guest cottage is also a 2BR/1BTH with large living room, kitchen, ensuite bath, and it's own covered patio overlooking a Koi pond. 1406 Lake features a 2BR/1BTH main house with formal dining, living, family, and screened in patio. The guest cottage is an efficient & spacious 1BR/1BTH with its own separate covered patio. 1406 Lake also has a in-law suite with a full kitchen and bath. Both properties share 1 laundry facility. Close proximity to the Warehouse District, Rosemary Square, and Palm Beach.

Last Agent to Sell the Property

Tom Davis

Coldwell Banker Realty License #486091 Listed on: 02/23/2022

Coldwell Banker Realty

Last Buyer's Agent

Reliance Real E LLC

Reliance Real Estate Group LLC License #3217108

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,333

Year Built

  • Built in 1925

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100 x 100
  • Sprinkler System

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,381 Sq Ft Home
  • 1-Story Property
  • Garden Views

Flooring

  • Wood
  • Tile

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 7443432805000174060

Community Details

Overview

  • 4 Units
  • Grandview Heights Subdivision

Building Details

  • Operating Expense $38,528
  • Net Operating Income $59,172

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,333

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: East on Belvedere, Left on Lake Avenue to 1404 & 1406 on right.
  • Year Built: 1925
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile, Wood
  • Living Area: 3381.0

Exterior Features

  • Exterior Features: Deck
  • View: Garden
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Frame
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 7443432805000174060
  • Lot Size: 100 x 100
  • Lot Size Sq Ft: 10000.0
  • Zoning Description: SF14-C2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 59172.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 38528.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 16333.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $1,999,000 +8.1% $591 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $1,849,000 0.0% $547 / Sq Ft
06/20/2018 06/20/18 For Rent $1,800 0.0% --
06/20/2018 06/20/18 Rented $1,800 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10779032

BeachesMLS

APN: 74-43-43-28-05-000-1740