NOT LISTED FOR SALE

305 3rd St Lake Park, FL 33403

Estimated Value: $445,000 - $562,000

4 Beds
3 Baths
1,933 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $262,500 $136 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,210/month

270 Days on Market

Highlights

  • Corner Lot
  • Terrazzo Flooring
  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window

About This Home

As of July 2020

Large Corner Duplex in Lake Park. The property is CBS construction, 1,983 sq ft, New flooring, sits on a large corner lot and features a 2/2 unit + 2/1 unit. The 2/2 unit has brand new central air conditioning and the 2/1 unit has wall A/C. Roof is solid and in good condition. 2 new electric meters and 1 water meter. Good neighborhood with single family homes selling over $300K. This property has city water and sewer.

Last Agent to Sell the Property

David Macri

Real Estate USA of South Florida Inc License #546027 Listed on: 10/03/2019

Last Buyer's Agent

Romina Cabianca-Healy

Coral Cove Realty Inc License #3465922

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,765

Year Built

  • Built in 1949

Lot Details

  • 8,394 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,933 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36434220010690470

Community Details

Overview

  • 2 Units
  • Kelsey City Subdivision A

Building Details

  • Operating Expense $5,205

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,765

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Just a two blocks north of Silver beach road on corner of Cypress dr. and 3rd street.Two blocks west of US-1
  • Year Built: 1949
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1933.0

Exterior Features

  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, 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 #: 36434220010690470
  • Lot Size Sq Ft: 8394.0
  • Zoning Description: Multifam
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3765.0

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 5205.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Jul 28, 2020
Sold by
Florida Properties West Coast Llc
Bought by
Healy Matthew and Cabianca Healy Romina
Seller's Agent
David Macri
Real Estate USA of South Florida Inc
Buyer's Agent
Romina Cabianca-Healy
Coral Cove Realty Inc
List Price
$249,000
Sold Price
$262,500
Premium/Discount to List
$13,500
5.42%
Current Estimated Value
$485,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,827
Avg. Annual Appreciation
12.05%
Original Mortgage
$234,938
Outstanding Balance
$207,396
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$277,931

Purchase Details

Closed on
Sep 27, 2019
Sold by
Wythe Capital Trust Llc
Bought by
Florida Properties West Coast Llc

Purchase Details

Closed on
Mar 4, 2009
Sold by
Us Bank National Association
Bought by
Mccloskey Joseph

Purchase Details

Closed on
May 22, 2008
Sold by
Jastrome France and Bernard Jean L
Bought by
Us Bank Na

Purchase Details

Closed on
Aug 4, 2006
Sold by
Justice Vicki D and Justice Melvin D
Bought by
Jastrome France

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2005
Sold by
Knight Todd P
Bought by
Justice Melvin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
4.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2004
Sold by
Horsefield Audrey J
Bought by
Knight Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1993
Sold by
Horsefield William J and Horsefield Audrey J
Bought by
Horsefield William J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Healy Matthew $262,500 Patch Reef Title Company Inc
Florida Properties West Coast Llc $199,995 Waterford Title & Escrow Llc
Wythe Capital Trust Llc $190,000 Waterford Title & Escrow Llc
Mccloskey Joseph $75,000 Fidelity Natl Title Ins Co
Us Bank Na -- None Available
Jastrome France $280,000 Flagler Title Co
Justice Melvin D $239,000 --
Knight Todd $186,000 Universal Land Title Inc
Horsefield William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Healy Matthew $234,938
Previous Owner Jastrome France $252,000
Previous Owner Justice Melvin D $191,200
Previous Owner Knight Todd $139,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $262,500 +5.4% $136 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
10/03/2019 10/03/19 For Sale $249,000 -- $129 / 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
2025 $7,905 $315,310 -- --
2024 $7,905 $288,065 -- --
2023 $5,136 $201,031 $0 $0
2022 $4,492 $187,686 $0 $0
2021 $3,909 $175,411 $0 $0
2020 $5,425 $200,762 $81,000 $119,762
2019 $3,909 $200,762 $81,000 $119,762
2018 $3,291 $152,970 $57,538 $95,432
2017 $3,195 $144,010 $51,373 $92,637
2016 $2,991 $76,137 $0 $0
2015 $2,785 $69,215 $0 $0
2014 $2,563 $62,923 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David Macri

    Real Estate USA of South Florida Inc

    (954) 295-5248

    2 Total Sales

    David Macri
    Section Image

  • R

    Buyer's Agent in 2020

    Romina Cabianca-Healy

    Coral Cove Realty Inc

    (561) 475-7518

    1 Total Sale

    Romina Cabianca-Healy
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10566535

BeachesMLS

APN: 36-43-42-20-01-069-0470

Florida Palm Beach County Lake Park 33401

305 3rd St, Lake Park, FL

Not Listed for Sale

MultiFamily

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.

Nearby Homes