NOT LISTED FOR SALE

305 Island Rd West Palm Beach, FL 33406

Estimated Value: $502,000 - $626,000

3 Beds
2 Baths
1,498 Sq Ft
$373/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $82,700 $55 Per Sq Ft

Est. 586% increase in value since last sale

Current estimated payment $3,627/month

47 Days on Market

Highlights

  • Lake Front
  • Ceramic Tile Flooring
  • West Facing Home
  • Cooling Available
  • Family Room
  • Heating Available

About This Home

As of February 2012

CORPORATE OWNED. SOLD IN ''AS-IS'' CONDITION WITH THE RIGHT TO INSPECT. BUYER'S PRE-APPROVAL/PROOF OF FUNDS SHOULD BE SUBMITTED WITH OFFERS. SEE ATTACHMENTS. SELLER'S APPROVED ESCROW AGENT: NEW HOUSE TITLE.

Last Agent to Sell the Property

Richard Frost

Frost & Associates Inc License #316991 Listed on: 12/01/2011

Last Buyer's Agent

Richard Frost

Frost & Associates Inc License #316991 Listed on: 12/01/2011

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • Lake Front
  • West Facing Home

Interior Spaces

  • 1,498 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Ceramic Tile Flooring
  • Lake Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Cloud Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10434405010080030

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Southern Blvd West of I-95. Go South on Gem Lake Dr. Left on Island Rd.
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Other
  • Living Area: 1498.0
  • Dining Room Type: Family Room
  • Stories: 1

Exterior Features

  • View: Lake
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 10434405010080030
  • Zoning Description: R

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 3653.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2011
Closed on
Feb 16, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Slatery William Patrick and Slatery Mary Elizabeth
Seller's Agent
Richard Frost
Frost & Associates Inc
Buyer's Agent
Richard Frost
Frost & Associates Inc
List Price
$82,000
Sold Price
$82,700
Premium/Discount to List
$700
0.85%
Current Estimated Value
$567,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,552
Avg. Annual Appreciation
15.19%

Purchase Details

Listed on
Dec 1, 2011
Closed on
Feb 13, 2012
Sold by
Bank Of America Na
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Richard Frost
Frost & Associates Inc
Buyer's Agent
Richard Frost
Frost & Associates Inc
List Price
$82,000
Sold Price
$82,700
Premium/Discount to List
$700
0.85%

Purchase Details

Closed on
Feb 17, 2011
Sold by
Creel Lana Sue and Rose Vernon
Bought by
Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Jul 29, 2003
Sold by
Creel Lana Sue and Rose Vernon Andrew
Bought by
Creel Lana Sue

Purchase Details

Closed on
Aug 8, 2000
Sold by
Euro American Real Estate Inc
Bought by
Creel Lana S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,620
Interest Rate
8.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 1996
Sold by
Griffith Wanda F
Bought by
Euro-American Real Estate Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.94%
Mortgage Type
Purchase Money Mortgage
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
Slatery William Patrick $82,700 New House Title
Federal Home Loan Mortgage Corporation -- New House Title
Countrywide Home Loans Servicing Lp $95,200 None Available
Creel Lana Sue $61,000 --
Creel Lana S $91,800 --
Euro-American Real Estate Inc $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slatery William Patrick $198,000
Previous Owner Creel Lana Sue $18,000
Previous Owner Creel Lana Sue $144,000
Previous Owner Euro-American Real Estate Inc $44,000
Previous Owner Euro-American Real Estate Inc $82,620
Previous Owner Euro-American Real Estate Inc $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2012 02/17/12 Sold $82,700 +0.9% $55 / Sq Ft
01/18/2012 01/18/12 Pending -- -- --
12/01/2011 12/01/11 For Sale $82,000 -- $55 / 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 $5,931 $279,191 -- --
2023 $5,651 $253,810 $280,898 $173,582
2022 $4,415 $230,736 $0 $0
2021 $3,821 $209,760 $113,560 $96,200
2020 $3,611 $200,179 $100,000 $100,179
2019 $3,470 $200,179 $100,000 $100,179
2018 $3,165 $196,461 $101,117 $95,344
2017 $2,818 $160,716 $77,782 $82,934
2016 $1,345 $132,007 $0 $0
2015 $2,521 $120,006 $0 $0
2014 $2,345 $109,096 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Richard Frost

    Frost & Associates Inc

See All Agents

Map

Source: BeachesMLS

MLS Number: R3243185

BeachesMLS

APN: 10-43-44-05-01-008-0030

Florida Palm Beach County West Palm Beach 33406

305 Island Rd, West Palm Beach, FL

This home is located at 305 Island Rd, West Palm Beach, FL 33406 since 01 December 2011 and is currently estimated at $558,426, approximately $372 per square foot. This property was built in 1955. 305 Island Rd is a home located in Palm Beach County with nearby schools including Palmetto 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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