$100,000
SOLD JUN 21, 2013

Southgate Condominium Association 3605 S Ocean Blvd Unit 1310 Palm Beach, FL 33480

2 Beds
4 Baths
1,121 Sq Ft
$482/mo HOA Fee

Recently Sold

$89 Per Sq Ft

22% Below List Price

131 Days on Market

Highlights

  • Doorman
  • Resident Manager or Management On Site
  • Guest Parking
  • Community Pool
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of June 2013

2BR/2BA condo located on Palm Beach Island. 1st floor unit. Quiet neighborhood on the intracoastal side of Palm Beach. Kitchen needs remodeling. No appliances or cabinets. Sold as-is. Perfect vacation home or 2nd home. Walk to the beach. HOA includes basic cable, water, maintenance and security. There will be a special assessment for paint and new catwalks coming up. There is a $100 application fee and $25/person background check. The HOA has First right of Refusal. An interview with the board is required. Can not lease within the first year of purchasing the unit.

Last Agent to Sell the Property

Rodney Forbes

Forbes Realty of South Florida License #3192785 Listed on: 01/10/2013

Last Buyer's Agent

Sami Zeqiraj

Highlight Realty Corp/LW License #3207484

Highlight Realty Corp/LW

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,631

Year Built

  • Built in 1974

HOA Fees

  • $482 Monthly HOA Fees

Interior Spaces

  • 1,121 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Parking

  • Guest Parking
  • Assigned Parking

Additional Features

  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 62434435090001310

Community Details

Overview

  • Southgate Condo Subdivision

Recreation

  • Community Pool

Additional Features

  • Doorman
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,631

Year Built

Built in 1974

Lot Details

0

HOA Fees

$482 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Intracoastal side of A1A/S. Ocean Blvd. North of Ritz Carlton, South of Lak
  • Year Built: 1974
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1121.0
  • Stories: 1

Exterior Features

  • Pool Features: None, Community
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Security: Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 482.0
  • Community Features: Property Manager On-Site, Pool
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Lot Info

  • Parcel #: 62434435090001310
  • Zoning Description: R

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1631.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2013
Closed on
Jun 20, 2013
Sold by
Iberiabank
Bought by
Sulejmani Agim and Sulejmani Jeta
Seller's Agent
Rodney Forbes
Forbes Realty of South Florida
Buyer's Agent
Sami Zeqiraj
Highlight Realty Corp/LW
List Price
$129,000
Sold Price
$100,000
Premium/Discount to List
-$29,000
-22.48%
Total Days on Market
131
Current Estimated Value
$345,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,442
Avg. Annual Appreciation
11.47%
Original Mortgage
$60,000
Interest Rate
3.91%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 11, 2012
Sold by
Tratnik Edeltraud S
Bought by
Iberiabank

Purchase Details

Closed on
Oct 27, 2007
Sold by
Mead Mary Katherine
Bought by
Tratnik Edeltraud S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2007
Sold by
Peters Margaret Mead
Bought by
Tratnik Edeltraud S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2007
Sold by
Mead Dennis
Bought by
Tratnik Edeltraud S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2001
Sold by
Mead Margaret L
Bought by
Mead Margaret L and Peters Margaret Mead
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 Type Sale Price Title Company
Special Warranty Deed $100,000 Attorney
Trustee Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $175,000 None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $60,000 Balloon
Previous Owner $110,000 Balloon
Previous Owner $140,000 Purchase Money Mortgage
Previous Owner $140,000 Purchase Money Mortgage
Previous Owner $140,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2015 05/06/15 For Rent $1,400 0.0% --
05/06/2015 05/06/15 Rented $1,400 0.0% --
06/02/2014 06/02/14 Rented $1,400 0.0% --
05/03/2014 05/03/14 Under Contract -- -- --
04/21/2014 04/21/14 For Rent $1,400 0.0% --
06/21/2013 06/21/13 Sold $100,000 -22.5% $89 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $129,000 -- $115 / 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 $5,082 $232,925 -- --
2023 $4,902 $211,750 $0 $0
2022 $4,126 $192,500 $0 $0
2021 $3,748 $175,000 $0 $175,000
2020 $3,573 $165,000 $0 $165,000
2019 $3,597 $165,000 $0 $165,000
2018 $3,263 $160,000 $0 $160,000
2017 $3,040 $145,000 $0 $0
2016 $2,800 $121,000 $0 $0
2015 $2,677 $110,000 $0 $0
2014 $2,412 $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Sami Zeqiraj

    Highlight Realty Corp/LW

    (561) 317-4424

    1 in this area

    19 Total Sales

    Sami Zeqiraj
    Section Image

  • R

    Seller's Agent in 2013

    Rodney Forbes

    Forbes Realty of South Florida

See All Agents

About Southgate Condominium Association

Map

Source: BeachesMLS

MLS Number: R3336585

BeachesMLS

APN: 62-43-44-35-09-000-1310

Florida Palm Beach County Palm Beach 33480

3605 S Ocean Blvd Unit 1310, Palm Beach, FL

This home is located at 3605 S Ocean Blvd Unit 1310, Palm Beach, FL 33480 and is currently priced at $100,000, approximately $89 per square foot. This property was built in 1974. 3605 S Ocean Blvd Unit 1310 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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