NOT LISTED FOR SALE

215 7th Ct Lake Park, FL 33403

Estimated Value: $633,000 - $931,000

-- Bed
4 Baths
3,002 Sq Ft
$255/Sq Ft Est. Value

Last Sold July 13, 2012

Last sale price $130,000 $43 Per Sq Ft

Est. 489% increase in value since last sale

Current estimated payment $5,187/month

7 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Terrazzo Flooring
  • 4-minute walk to Lake park Developmental Center
  • Patio
  • No Heating

About This Home

As of July 2012

Great investment property! Fully rented, CBS, all units in good condition, just buy and start collecting rent! Landlord pays water, tenant pays electric on separate meters. Not a short sale or REO--easy sale! Please do not disturbe the tenants.

Last Agent to Sell the Property

John Sheats

Sailfish Group Realty License #3221716 Listed on: 06/05/2012

Last Buyer's Agent

Chancy Gelin

Property Expo Center Inc. License #3192957

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 10,324

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,002 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Total Actual Rent $30,000
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 36434220010540250

Community Details

Overview

  • 4 Units
  • Kelsey City Subdivision

Building Details

  • Operating Expense $9,249
  • Net Operating Income $20,751

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Northlake to Congress S to Silver Beach E to 8th N to Bayberry E to 7th Ct.
  • Year Built: 1958
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 3002.0

Exterior Features

  • Exterior Features: Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 36434220010540250
  • Zoning Description: R2

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 20751.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 9249.0
  • Total Actual Rent: 30000.0

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 5049.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2012
Closed on
Jul 13, 2012
Sold by
Cd Family Holdings Llc
Bought by
Gaptiste Lahaut
Seller's Agent
John Sheats
Sailfish Group Realty
Buyer's Agent
Chancy Gelin
Property Expo Center Inc.
List Price
$152,900
Sold Price
$130,000
Premium/Discount to List
-$22,900
-14.98%
Current Estimated Value
$765,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,241
Avg. Annual Appreciation
14.50%

Purchase Details

Closed on
Oct 15, 2010
Sold by
Cornerstone Asset Management Inc
Bought by
Jmt Assets Llc

Purchase Details

Closed on
Feb 26, 2010
Sold by
Etienne Robert and Etienne Philomene
Bought by
Cornerstone Asset Management Inc

Purchase Details

Closed on
Jun 22, 2006
Sold by
Zmetronak Cynthia M
Bought by
Etienne Robert and Etienne Philomene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,100
Interest Rate
9.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 1998
Sold by
Zmetronak Walter
Bought by
Zmetronak Walter T and Nak Rev Living Walter Zme R
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
Gaptiste Lahaut $130,000 Florida Intl Title & Escrow
Jmt Assets Llc -- None Available
Cornerstone Asset Management Inc $125,000 First Intl Title Inc
Etienne Robert $329,000 None Available
Zmetronak Walter T $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Etienne Robert $330,000
Previous Owner Etienne Robert $296,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2012 07/13/12 Sold $130,000 -15.0% $43 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $152,900 -- $51 / 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 $12,301 $322,027 -- --
2023 $11,824 $292,752 $0 $0
2022 $9,359 $266,138 $0 $0
2021 $7,980 $344,013 $110,000 $234,013
2020 $7,668 $343,581 $135,000 $208,581
2019 $7,387 $347,241 $135,000 $212,241
2018 $6,158 $247,343 $98,609 $148,734
2017 $5,969 $231,209 $88,044 $143,165
2016 $5,595 $150,228 $0 $0
2015 $5,232 $136,571 $0 $0
2014 $4,809 $124,155 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3286806

BeachesMLS

APN: 36-43-42-20-01-054-0250