NOT LISTED FOR SALE

305 E Ocean Ave Unit Th-5 Lantana, FL 33462

East Ocean Avenue Neighborhood

Estimated Value: $1,102,000 - $1,782,000

3 Beds
3.5 Baths
2,559 Sq Ft
$550/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $1,140,000 $445 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $10,473/month

115 Days on Market

Highlights

  • Property has ocean access
  • Fitness Center
  • Wood Flooring
  • Property fronts an intracoastal waterway
  • Roman Tub
  • 1-minute walk to Lyman Kayak Park

About This Home

As of November 2021

Olde Village Pointe - The Boater's Paradise!Located on East Ocean Avenue, Lantana's main corridor of small diners and boutiques, this modern and chic Intracoastal condo boasts approximately 2,956 square feet over 2 floors with 3 bedrooms and ensuite bathrooms and 2 large balconies. The home has an authentic loft feel typified by its open floor plan with floor to ceiling windows and many unique finishes in addition to custom lighting and an abundant amount of space for displaying artwork. A private boat dock fitting a boat up to 30' in length as well as 2 indoor garage spaces and a large storage room make this a hard-to-find unit.

Last Agent to Sell the Property

Klaus Sinn

EXP Realty LLC License #3090401 Listed on: 06/26/2021

EXP Realty LLC

Last Buyer's Agent

Holly Hickman

Karl E. Scott Inc License #3017759

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,590

Year Built

  • Built in 2006

Lot Details

  • 1

HOA Fees

  • $1,144 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Home Design

  • Metal Roof

Interior Spaces

  • 2,559 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • High Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Intracoastal Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Balcony
  • Open Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Property fronts an intracoastal waterway
  • Flood Zone Lot

Listing and Financial Details

  • Assessor Parcel Number 40434503440200050

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, legal/accounting, ground maintenance, maintenance structure, parking, pest control, pool(s), recreation facilities, sewer, security, trash, water
  • 33 Units
  • Olde Village Pointe Condo Subdivision

Amenities

  • Elevator
  • Bike Room

Recreation

  • Fitness Center
  • Community Spa

Security

  • Card or Code Access
  • Phone Entry
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,590

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,144 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: US 1 to E Ocean Ave, go east 1 Block, turn north onto N Lake Dr. and immediately right inside the complex.
  • Year Built: 2006
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Dual Sinks, Fireplace, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Decorative
  • Flooring: Ceramic Tile, Wood
  • Living Area: 2559.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Porch
  • View: Intercoastal
  • Lot Features: Flood Zone
  • Pool Features: None
  • Waterfront Features: Canal Access, Intracoastal Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Disclosures: Home Warranty
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Porch
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Guest, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Key Card Entry, Phone Entry, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1144.0
  • Community Features: Non-Gated, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Spa/Hot Tub, Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Recreation Facilities, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 40434503440200050
  • Zoning Description: M3(cit

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6590.0

Multi Family

  • Number Of Units In Community: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Nov 19, 2021
Sold by
Rawding Jason and Rawding Natasha
Bought by
Molai Tafreshi Farshad
Seller's Agent
Klaus Sinn
EXP Realty LLC
Buyer's Agent
Holly Hickman
Karl E. Scott Inc
List Price
$1,295,000
Sold Price
$1,140,000
Premium/Discount to List
-$155,000
-11.97%
Current Estimated Value
$1,408,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,490
Avg. Annual Appreciation
4.99%
Original Mortgage
$781,200
Outstanding Balance
$725,313
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$637,143

Purchase Details

Closed on
Dec 9, 2020
Sold by
Burch James R and Parra Olga
Bought by
Rawding Jason and Rawding Natasha

Purchase Details

Closed on
Sep 16, 2008
Sold by
Bank Of New York
Bought by
Parra Olga

Purchase Details

Closed on
Jan 7, 2008
Sold by
Leston Alicia and Olde Village Pointe Condo Assn
Bought by
Bank Of New York and Cwabs Inc Asset Backed Certificates Seri

Purchase Details

Closed on
Oct 16, 2006
Sold by
North Lake Development Llc
Bought by
Leston Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,999
Interest Rate
8.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Molai Tafreshi Farshad $1,140,000 Standard Title Ins Agcy Inc
Rawding Jason $480,000 Standard Title Ins Agcy Inc
Parra Olga $393,000 North American Title Company
Bank Of New York $570,000 None Available
Leston Alicia $773,474 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molai Tafreshi Farshad $781,200
Previous Owner Leston Alicia $649,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $1,140,000 -12.0% $445 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $1,295,000 0.0% $506 / Sq Ft
06/25/2012 06/25/12 Rented $2,199 0.0% --
05/26/2012 05/26/12 Under Contract -- -- --
05/17/2012 05/17/12 For Rent $2,199 -- --
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 $18,596 $980,000 -- --
2023 $19,326 $966,900 $0 $0
2022 $17,925 $879,000 $0 $0
2021 $5,857 $314,644 $0 $0
2020 $6,877 $321,000 $0 $321,000
2019 $7,357 $341,000 $0 $341,000
2018 $7,286 $364,000 $0 $364,000
2017 $6,807 $350,000 $0 $0
2016 $6,008 $280,000 $0 $0
2015 $5,646 $255,000 $0 $0
2014 $5,487 $245,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Klaus Sinn

    Seller's Agent in 2021

    Klaus Sinn

    EXP Realty LLC

    (561) 654-6112

    3 in this area

    54 Total Sales

    Klaus Sinn
    Section Image

  • H

    Buyer's Agent in 2021

    Holly Hickman

    Karl E. Scott Inc

    (561) 266-5701

    32 in this area

    75 Total Sales

    Holly Hickman
    Section Image

  • J

    Seller's Agent in 2012

    Jennifer Spitznagel

    Brown Harris Stevens of PB

  • C

    Buyer's Agent in 2012

    Carolyn Santamaria

    Keller Williams Realty - Welli

See All Agents

Map

Source: BeachesMLS

MLS Number: R10726915

BeachesMLS

APN: 40-43-45-03-44-020-0050

Florida Palm Beach County Lantana 33462 East Ocean Avenue

305 E Ocean Ave Unit Th-5, Lantana, FL

This home is located at 305 E Ocean Ave Unit Th-5, Lantana, FL 33462 since 26 June 2021 and is currently estimated at $1,408,490, approximately $550 per square foot. This property was built in 2006. 305 E Ocean Ave Unit Th-5 is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle 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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