NOT LISTED FOR SALE

3801 Lambert Ave Unit 1 West Palm Beach, FL 33405

Prospect Heights Neighborhood

Estimated Value: $283,000 - $582,000

2 Beds
2 Baths
1,320 Sq Ft
$332/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $92,826 $70 Per Sq Ft

Est. 455% increase in value since last sale

Current estimated payment $3,260/month

41 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • No Heating
  • Ceramic Tile Flooring

About This Home

As of February 2013

***INVESTORS*** Great opportunity! 2 unit property both 2 bedrooms 1 bath. Tenant Occupied in Both units, both tenants willing to stay, one tenant loyal for 6 years. New bath & plumbing. Kitchen Appliances 5 yrs old and roof only 7 yrs old.

Last Agent to Sell the Property

Karen Allen

Keller Williams Realty - Welli License #3050073 Listed on: 12/18/2012

Last Buyer's Agent

Peter McCarthy

The Corcoran Group License #653194

The Corcoran Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 5,271

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • 4 Units
  • Southern Blvd Park I Subdivision

Listing and Financial Details

  • Total Actual Rent $19,800
  • Assessor Parcel Number 74434333300000240

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: SOUTHERN BLVD TO DIXIE N TO CONNISTON (1 BLOCK) WEST TO LANMBERT
  • Year Built: 1935
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1320.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Parcel #: 74434333300000240
  • Zoning Description: RES

Tax Info

  • Tax Year: 2005
  • Tax Annual Amount: 3038.0

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 19800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2018
Sold by
Vadim Llc
Bought by
Altmer Llc
Current Estimated Value
$515,450

Purchase Details

Closed on
Feb 1, 2017
Sold by
Robert Spencer Revocable Trust
Bought by
Vadim Llc

Purchase Details

Listed on
Dec 18, 2012
Closed on
Feb 22, 2013
Sold by
Crawford Joseph
Bought by
Spencer George Robert and The Robert Spencer Revocable Trust
Seller's Agent
Karen Allen
Keller Williams Realty - Welli
Buyer's Agent
Peter McCarthy
The Corcoran Group
List Price
$110,000
Sold Price
$92,826
Premium/Discount to List
-$17,174
-15.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.32%

Purchase Details

Closed on
Mar 17, 2004
Sold by
Rowe Timothy P and Rowe Deborah
Bought by
Crawford Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2003
Sold by
Abdullah Omar and Shehadeh Hanadi
Bought by
Rowe Timothy P and Rowe Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2002
Sold by
Key West Investments Inc
Bought by
Abdullah Omar and Shehadeh Hanadi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2001
Sold by
Bauer Henry and Fitzgerald John
Bought by
Key West Investments Inc and Henry Bauer John Fitzgerald #1 Land Tr

Purchase Details

Closed on
Feb 24, 1998
Sold by
Wellington Acquisitions Inc
Bought by
Bauer Henry L and Fitzgerald John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
6.89%
Mortgage Type
New Conventional
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
Altmer Llc -- Attorney
Vadim Llc $125,000 Pinnacle Land & Title Inc
Spencer George Robert $92,826 Trident Title Llc
Crawford Joseph $147,500 Standard Title Insurance Age
Rowe Timothy P $105,000 --
Abdullah Omar $82,000 The Title Co Of South Florid
Key West Investments Inc -- --
Bauer Henry L $78,000 --
Wellington Acquisitions Inc $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altmer Llc $2,200,000
Previous Owner Crawford Joseph $192,500
Previous Owner Crawford Joseph $118,000
Previous Owner Rowe Timothy P $94,500
Previous Owner Abdullah Omar $20,000
Previous Owner Abdullah Omar $13,000
Previous Owner Abdullah Omar $73,800
Previous Owner Wellington Acquisitions Inc $70,200
Closed Crawford Joseph $14,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2013 02/28/13 Sold $92,826 -15.6% $70 / Sq Ft
01/29/2013 01/29/13 Pending -- -- --
12/18/2012 12/18/12 For Sale $110,000 -- $83 / 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 $5,253 $209,006 -- --
2023 $4,952 $190,005 $0 $0
2022 $4,495 $172,732 $0 $0
2021 $3,807 $157,029 $71,300 $85,729
2020 $3,898 $159,665 $59,800 $99,865
2019 $3,670 $147,616 $46,000 $101,616
2018 $3,066 $128,031 $45,846 $82,185
2017 $2,779 $120,390 $38,205 $82,185
2016 $2,623 $102,886 $0 $0
2015 $2,463 $93,533 $0 $0
2014 $2,229 $85,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Allen

    Seller's Agent in 2013

    Karen Allen

    Keller Williams Realty - Welli

    41 Total Sales

    Section Image

  • P

    Buyer's Agent in 2013

    Peter McCarthy

    The Corcoran Group

    (561) 655-9081

    1 Total Sale

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Map

Source: BeachesMLS

MLS Number: R3332296

BeachesMLS

APN: 74-43-43-33-30-000-0240

Florida Palm Beach County West Palm Beach 33405 Prospect Heights

3801 Lambert Ave Unit 1, West Palm Beach, FL

This home is located at 3801 Lambert Ave Unit 1, West Palm Beach, FL 33405 since 18 December 2012 and is currently estimated at $438,162, approximately $331 per square foot. This property was built in 1935. 3801 Lambert Ave Unit 1 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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