NOT LISTED FOR SALE

2731 Nelson Dr Palm Springs, FL 33406

Forest Hill Neighborhood

Estimated Value: $200,000 - $1,263,000

0.11 Acre
$5,345,455 Price per Acre
5,000 Sq Ft Lot

Last Sold January 20, 2016

Last sale price $1,121,200

Est. 48% decrease in value since last sale

Current estimated payment $3,252/month

16 Days on Market

About This Lot

As of January 2016

Zone Commercial Listing is sold as a package deal with 2700 Forest Hill Blvd and 2720 Forest Hill Blvd

Last Listed By

Lily Cho

LPT Realty, LLC License #3184720 Listed on: 12/04/2015

LPT Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $546

Lot Details

  • 5,000 Sq Ft Lot
  • Property is zoned RM

Community Details

  • Palm Acres Tr 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70434408230080070

Property Details

Property Type

Land

Est. Annual Taxes

$546

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Business
  • Property Sub Type Additional: Commercial
  • Directions: 95 TO FOREST HILL WEST TO PRAIRIE SOUTH FIRST LEFT
  • Special Features: None

Exterior Features

  • Lot Features: < 1/4 Acre
  • Waterfront: No

Lot Info

  • Parcel #: 70434408230080070
  • Development Status: Raw Land
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 5000.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 546.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2015
Closed on
Jan 20, 2016
Sold by
Chiang David S and Chiang Dona H
Bought by
Gt & Jt Construction Corp
Seller's Agent
Lily Cho
LPT Realty, LLC
List Price
$60,000
Sold Price
$1,121,201
Premium/Discount to List
$1,061,201
1768.67%
Total Days on Market
16
Current Estimated Value
$588,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$533,201
Avg. Annual Appreciation
-4.81%
Original Mortgage
$250,000
Outstanding Balance
$25,919
Interest Rate
5%
Mortgage Type
Seller Take Back
Estimated Equity
$680,748

Purchase Details

Closed on
Dec 20, 2010
Sold by
Ball Doris Foster
Bought by
Chiang David S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 3, 2006
Sold by
Ball William S
Bought by
Ball William S

Purchase Details

Closed on
Mar 25, 2002
Sold by
Nation Trust Llc
Bought by
Ball William S

Purchase Details

Closed on
Oct 1, 2001
Sold by
Arsali Mohammad H
Bought by
Nation Trust Llc

Purchase Details

Closed on
Jul 3, 2000
Sold by
Car Man Inv Inc
Bought by
Arsali Mohammad

Purchase Details

Closed on
Jun 8, 2000
Sold by
Palm Beach County Circuit Clerk
Bought by
Arsali Mohammad

Purchase Details

Closed on
Mar 18, 1996
Sold by
Supel Corp
Bought by
Car-Man Investment Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.03%
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
Gt & Jt Construction Corp -- Attorney
Gt & Jt Costruction Corp $1,121,201 Attorney
Chiang David S $43,000 Fidelity Title
Ball William S -- Attorney
Ball William S $23,000 Harbor Title Lc
Nation Trust Llc -- --
Arsali Mohammad -- --
Arsali Mohammad $2,800 --
Car-Man Investment Inc $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gt & Jt Construction Corp $250,000
Previous Owner Chiang David S $275,000
Previous Owner Car-Man Investment Inc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2016 01/20/16 Sold $1,121,201 +1768.7% --
12/21/2015 12/21/15 Pending -- -- --
12/04/2015 12/04/15 For Sale $60,000 -- --
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 $1,567 $57,320 -- --
2023 $1,661 $52,109 $0 $0
2022 $1,612 $47,372 $0 $0
2021 $1,011 $53,951 $53,951 $0
2020 $863 $39,150 $39,150 $0
2019 $934 $45,450 $45,450 $0
2018 $879 $48,396 $48,396 $0
2017 $748 $33,377 $33,377 $0
2016 $589 $24,559 $0 $0
2015 $546 $22,326 $0 $0
2014 $529 $21,263 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lily Cho

    Seller's Agent in 2016

    Lily Cho

    LPT Realty, LLC

    (561) 377-4499

    24 Total Sales

    Lily Cho
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Map

Source: BeachesMLS

MLS Number: R10189332

BeachesMLS

APN: 70-43-44-08-23-008-0070

Florida Palm Beach County Palm Springs 33406 Forest Hill

2731 Nelson Dr, Palm Springs, FL

This home is located at 2731 Nelson Dr, Palm Springs, FL 33406 since 04 December 2015 and is currently estimated at $588,000. 2731 Nelson Dr is a home located in Palm Beach County with nearby schools including Meadow Park Elementary School, Conniston Middle School, and Forest Hill 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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