NOT LISTED FOR SALE

3601 S Olive Ave Unit A West Palm Beach, FL 33405

Southland Park Neighborhood

Estimated Value: $817,482

4 Beds
2 Baths
1,728 Sq Ft
$473/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $270,000 $156 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $5,626/month

3 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Heating Available
  • Palm Beach Public School Rated A-
  • Ceiling Fan

About This Home

As of June 2015

BEST PRICED REAL ESTATE INVESTMENT located in corner desirable Historic Southland Park neighborhood of S Olive & Monroe Drive. TWO (2) separate 1979 buildings in wonderful updated condition; EACH unit consist of two cozy bedrooms, windowed kitchen, classic windowed bathroom, spacious living & dining area, ceiling fans throughout, plus washer & dryer, private open patio/porches, driveway/carport and water sprinkle system separately zoned. Currently tenants in place in both buildings = makes a great rental income, use as primary or 2nd vacation home. Steps to shopping on Antique Row; restaurants City Diner, Belle & Maxwell's, Cafe Sapori, George Petty Park, Intracoastal Lake, Publix and more! Will NOT last. ONLY $295,000!

Last Agent to Sell the Property

Phatavanh Olsen

Douglas Elliman License #3308465 Listed on: 05/27/2015

Douglas Elliman

Co-Listed By

Derek Olsen

Douglas Elliman License #3308016

Douglas Elliman

Last Buyer's Agent

Derek Olsen

Douglas Elliman License #3308016

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,542

Year Built

  • Built in 1979

Lot Details

  • 5,476 Sq Ft Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Rent includes electricity, cable TV, water
  • Assessor Parcel Number 74434334090110010

Community Details

Overview

  • 2 Units
  • Southland Park Subdivision

Building Details

  • Operating Expense $4,542

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,542

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Corner of S Olive Ave & Monroe Drive
  • Year Built: 1979
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1728.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV, Water
  • Senior Community: No

Lot Info

  • Parcel #: 74434334090110010
  • Lot Size Sq Ft: 5476.0
  • Zoning Description: SF14-C
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4542.0

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 4542.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2022
Sold by
Bha Rentals Llc
Bought by
Gallagher Loretta A and Gallagher Robert L
Total Days on Market
3
Current Estimated Value
$817,482

Purchase Details

Listed on
May 27, 2015
Closed on
Jun 30, 2015
Sold by
Eljaiek Nury and Eljaiek Jolinda
Bought by
Bha Properties Llc
Seller's Agent
Phatavanh Olsen
Douglas Elliman
Buyer's Agent
Derek Olsen
Douglas Elliman
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%

Purchase Details

Closed on
Apr 15, 2013
Sold by
Eljaiek Jolinda
Bought by
Eljaiek Nury

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,700
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2003
Sold by
Eljaiek Nury and Eljaiek Jolinda
Bought by
Eljaiek Jolinda and Jolinda Eljaiek Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2003
Sold by
Eljaiek Jolinda
Bought by
Eljaiek Nury

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 1998
Sold by
Jolinda Tr And Nury Eljaiek
Bought by
Eljaiek Jolinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,800
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 1996
Sold by
Eljaiek Nury and Eljaiek Jolinda Eljaiek
Bought by
Eljaiek Jolinda
Source: Public Records

Range of Values:

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
Gallagher Loretta A $689,000 Patch Reef Title
Bha Properties Llc $270,000 First American Title Ins Co
Eljaiek Nury -- Attorney
Eljaiek Jolinda -- --
Eljaiek Nury -- Statewide Title Corp
Eljaiek Jolinda $100 --
Eljaiek Jolinda $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eljaiek Nury $86,700
Previous Owner Eljaiek Nury $100,000
Previous Owner Eljaiek Jolinda $65,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $270,000 -8.5% $156 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $295,000 -- $171 / 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 $12,443 $608,355 -- --
2023 $11,594 $553,050 $553,050 $0
2022 $10,030 $385,774 $0 $0
2021 $8,504 $397,381 $250,000 $147,381
2020 $7,615 $328,074 $180,000 $148,074
2019 $7,377 $345,553 $230,000 $115,553
2018 $6,389 $299,655 $200,000 $99,655
2017 $5,651 $239,535 $105,000 $134,535
2016 $5,290 $218,535 $0 $0
2015 $5,258 $186,008 $0 $0
2014 -- $169,098 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Phatavanh Olsen

    Douglas Elliman

    (917) 463-7299

    4 in this area

    21 Total Sales

    Phatavanh Olsen
    Section Image

  • D

    Seller Co-Listing Agent in 2015

    Derek Olsen

    Douglas Elliman

    (917) 434-2160

    4 in this area

    21 Total Sales

    Derek Olsen
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10139125

BeachesMLS

APN: 74-43-43-34-09-011-0010

Florida Palm Beach County West Palm Beach 33405 Southland Park

3601 S Olive Ave Unit A, West Palm Beach, FL

This home is located at 3601 S Olive Ave Unit A, West Palm Beach, FL 33405 since 27 May 2015 and is currently estimated at $817,482, approximately $473 per square foot. This property was built in 1979. 3601 S Olive Ave Unit A is a home located in Palm Beach County with nearby schools including Palm Beach Public 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.

Nearby Homes