NOT LISTED FOR SALE

3305 Gulfstream Rd Unit E Lake Worth, FL 33461

Palm Springs Village Neighborhood

Estimated Value: $387,000 - $737,000

6 Beds
4 Baths
2,767 Sq Ft
$229/Sq Ft Est. Value

Last Sold November 05, 2015

Last sale price $415,000 $150 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,153/month

227 Days on Market

Highlights

  • Water Views
  • Fruit Trees
  • Shed
  • 30,512 Sq Ft lot
  • Cooling System Mounted To A Wall/Window
  • Clay Flooring

About This Home

As of November 2015

Need to Sell!!! Price reduced $10,000 under appraised value. See attached February 2015 Appraisal.All units are under lease and rented out.3 units have been updated with tile floors. Almost an Acre. Big concrete slab ready to build storage units. Very spacious and Room to increase income.

Last Agent to Sell the Property

Jorge Mejia

Highlight Realty Corp/LW License #702368 Listed on: 02/20/2015

Highlight Realty Corp/LW

Last Buyer's Agent

Jorge Mejia

Highlight Realty Corp/LW License #702368 Listed on: 02/20/2015

Highlight Realty Corp/LW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,491

Year Built

  • Built in 1953

Lot Details

  • 0.7 Acre Lot
  • Fruit Trees

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,767 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Water Views

Flooring

  • Clay
  • Laminate

Outdoor Features

  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $36,600
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 70434419130000200

Community Details

Overview

  • 4 Units
  • Lakewood Gdns 3 Subdivision

Building Details

  • Operating Expense $2,820
  • Net Operating Income $33,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,491

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: I95 to 10th ave West to Gulfstream South to Property
  • Year Built: 1953
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Clay, Laminate
  • Living Area: 2767.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fruit Trees, Shed
  • View: Other, Water
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Other Structures: Shed(s)
  • Roof: Composition, Shingle

Utilities

  • Cooling: Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, 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 #: 70434419130000200
  • Lot Size Sq Ft: 30512.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 33780.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 2820.0
  • Total Actual Rent: 36600.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3491.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2021
Sold by
Khan Janiva
Bought by
Khan Gary Zaf
Current Estimated Value
$633,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Outstanding Balance
$301,135
Interest Rate
2.78%
Estimated Equity
$332,566

Purchase Details

Closed on
Apr 23, 2015
Sold by
Rosenheim Aleen
Bought by
Khan Janiva and Khan Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,250
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2008
Sold by
Hughes Paul David and Hughes Deborah G
Bought by
Rosenheim Aleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,940
Interest Rate
5.68%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 26, 2001
Sold by
Paul D Hughes M and Paul Deborah G
Bought by
Hughes Paul D Trust

Purchase Details

Closed on
Jan 4, 2001
Sold by
Norris Betty and Norris Rina Linda
Bought by
Hughes Paul D and Hughes Deborah G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 1997
Sold by
Norris Betty J
Bought by
Norris Betty J and Rine Linda L
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
Khan Gary Zaf -- Title Of America Llc
Khan Janiva $243,000 First American Title Ins Co
Rosenheim Aleen $214,200 Flagler Title Company
Hughes Paul D Trust -- --
Hughes Paul D $162,000 --
Norris Betty J $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Gary Zaf $332,500
Closed Khan Janiva $182,250
Previous Owner Rosenheim Aleen $149,940
Previous Owner Norris Betty J $129,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2015 11/05/15 Sold $415,000 +61.5% $150 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $256,900 -- $93 / 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 $9,634 $381,572 -- --
2023 $9,024 $346,884 $0 $0
2022 $8,317 $315,349 $0 $0
2021 $6,905 $286,681 $136,951 $149,730
2020 $7,223 $348,104 $156,000 $192,104
2019 $6,677 $307,798 $122,400 $185,398
2018 $5,832 $259,210 $117,059 $142,151
2017 $5,497 $236,550 $80,730 $155,820
2016 $5,048 $187,831 $0 $0
2015 $3,852 $114,681 $0 $0
2014 $3,491 $104,255 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jorge Mejia

    Highlight Realty Corp/LW

    (561) 254-8693

    4 Total Sales

    Jorge Mejia
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Map

Source: BeachesMLS

MLS Number: R10113126

BeachesMLS

APN: 70-43-44-19-13-000-0200

Florida Palm Beach County Lake Worth 33461 Palm Springs Village

3305 Gulfstream Rd Unit E, Lake Worth, FL

This home is located at 3305 Gulfstream Rd Unit E, Lake Worth, FL 33461 since 20 February 2015 and is currently estimated at $633,701, approximately $229 per square foot. This property was built in 1953. 3305 Gulfstream Rd Unit E is a home located in Palm Beach County with nearby schools including Palm Springs Elementary School, John I. Leonard High School, and L C Swain 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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