NOT LISTED FOR SALE

Mayfair House West 3589 S Ocean Blvd Unit 505 Palm Beach, FL 33480

Estimated Value: $398,000 - $570,000

2 Beds
2 Baths
1,500 Sq Ft
6.55 Acres

Last Sold September 18, 2015

Last sale price $160,000 $107 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $3,135/month

Highlights

  • Ocean Front
  • Porch
  • Walk-In Closet
  • Balcony
  • Bar
  • Tile Flooring

About This Home

As of August 2017

Beautifully furnished and decorated 2 bedroom condo. nicely furnished. Deeded beach access with two 2 pools and exercise room. Walk to shops and restaurants,

Last Agent to Rent the Property

John Abdelsayed

Trends Realty LLC License #3521918 Listed on: 07/09/2016

Last Renter's Agent

John Abdelsayed

Trends Realty LLC License #3521918 Listed on: 07/09/2016

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,112

Year Built

  • Built in 1974

Lot Details

  • East Facing Home

Interior Spaces

  • 1,500 Sq Ft Home
  • Bar
  • Tile Flooring

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 9/1/16
  • Assessor Parcel Number 62434435100025050

Community Details

Overview

  • 132 Units
  • Mayfair House Condo Subdivision

Security

  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,112

Year Built

Built in 1974

Lot Details

0

Rental Info

  • Available Date: 2016-09-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: ocean blvd between lakeworth bridge and ocean ave bridge
  • Year Built: 1974
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Interior Amenities: Elevator, Split Bedrooms, Bar, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1500.0

Exterior Features

  • Exterior Features: Balcony
  • Waterfront Features: Intracoastal Access, Ocean Access, Ocean Front
  • Waterfront: Yes
  • Direction Faces: East
  • Patio And Porch Features: Porch

Garage/Parking

  • Garage Yn: No

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Conditional, No

Lot Info

  • Parcel #: 62434435100025050

Multi Family

  • Number Of Units In Community: 132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2015
Closed on
Sep 2, 2015
Sold by
Citimortgage Inc
Bought by
Gharghoury John and Gharghoury Madlain
Seller's Agent
Brian Tenace
Century 21 Tenace Realty
Buyer's Agent
John Abdelsayed
Trends Realty LLC
List Price
$198,900
Sold Price
$160,000
Premium/Discount to List
-$38,900
-19.56%
Current Estimated Value
$485,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,631

Purchase Details

Listed on
May 12, 2015
Closed on
Jul 22, 2015
Sold by
Raineri Jennifer
Bought by
Citimortgage Inc
Seller's Agent
Brian Tenace
Century 21 Tenace Realty
Buyer's Agent
John Abdelsayed
Trends Realty LLC
List Price
$198,900
Sold Price
$160,000
Premium/Discount to List
-$38,900
-19.56%

Purchase Details

Closed on
Apr 6, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Citimortgage Inc

Purchase Details

Closed on
May 2, 2013
Sold by
Citimortgage Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 20, 2013
Sold by
Kania Travis
Bought by
Citimortgage Inc

Purchase Details

Closed on
Aug 13, 1999
Sold by
Machover Marie A
Bought by
Kania Mary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
7.7%
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
Gharghoury John $160,000 Servicelink Llc
Citimortgage Inc $130,600 None Available
Citimortgage Inc -- None Available
Federal Home Loan Mortgage Corporation -- Attorney
Citimortgage Inc $10,200 None Available
Kania Mary R $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kania Mary R $100,000
Previous Owner Kania Mary R $130,000
Previous Owner Kania Mary R $106,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2017 08/16/17 Rented $3,800 0.0% --
07/17/2017 07/17/17 Under Contract -- -- --
07/09/2016 07/09/16 For Rent $3,800 0.0% --
09/18/2015 09/18/15 Sold $160,000 -19.6% $107 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $198,900 -- $133 / 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 $6,112 $253,289 -- --
2023 $5,672 $230,263 $0 $0
2022 $4,431 $209,330 $0 $0
2021 $4,120 $198,000 $0 $198,000
2020 $3,741 $173,000 $0 $173,000
2019 $3,826 $173,000 $0 $173,000
2018 $3,522 $163,000 $0 $163,000
2017 $3,495 $158,000 $0 $0
2016 $3,590 $158,000 $0 $0
2015 $3,305 $140,000 $0 $0
2014 $3,059 $128,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Abdelsayed

    Landlord's Agent in 2017

    John Abdelsayed

    Trends Realty LLC

    (561) 900-5200

    3 in this area

    34 Total Sales

    John Abdelsayed
    Section Image

  • B

    Seller's Agent in 2015

    Brian Tenace

    Century 21 Tenace Realty

    (561) 755-2100

    23 Total Sales

    Brian Tenace
    Section Image
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About Mayfair House West

Map

Source: BeachesMLS

MLS Number: R10249643

BeachesMLS

APN: 62-43-44-35-10-002-5050

Florida Palm Beach County Palm Beach 33480

3589 S Ocean Blvd Unit 505, Palm Beach, FL

This home is located at 3589 S Ocean Blvd Unit 505, Palm Beach, FL 33480 since 09 July 2016 and is currently priced at $485,631. This property was built in 1974. 3589 S Ocean Blvd Unit 505 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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