NOT LISTED FOR SALE

3805 S Olive Ave Unit 5 West Palm Beach, FL 33405

Southland Park Neighborhood

Estimated Value: $712,000 - $793,000

4 Beds
4 Baths
2,500 Sq Ft
$301/Sq Ft Est. Value

Last Sold November 18, 2014

Last sale price $213,000 $85 Per Sq Ft

Est. 253% increase in value since last sale

Current estimated payment $5,106/month

108 Days on Market

Highlights

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

About This Home

As of November 2014

4 UNITS CLOSE TO DOWNTOWN WPB. GREAT RENTAL/INVESTMENT OPPORTUNITY. TENANT OCCUPIED, SEE ATTACHED OCCUPIED PROPERTY ADDENDUM. NO INSPECTION CONTINGENCY ALLOWED ON CONTRACT. DO A DRIVEBY AND MAKE OFFER. UNITS ARE 5, 6, 7, & 8. **Employees of Bank of America or its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by Bank of America**

Last Agent to Sell the Property

David Kendall

SAFE HAVEN PARTNERS LLC License #3218296 Listed on: 07/02/2014

Co-Listed By

Don Poyner

Quantum Realty Associates Inc License #559022

Last Buyer's Agent

Daniela Robles

Century 21 Tenace Realty License #3215192

Century 21 Tenace Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 4,356 Sq Ft Lot

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

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

Community Details

  • 4 Units
  • Est Of South Palm Beach A Subdivision

Listing and Financial Details

  • Rent includes electricity, cable TV, water
  • Assessor Parcel Number 74434334150000972

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: ON OLIVE AVE NORTH OF SOUTHERN BLVD
  • Year Built: 1951
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2500.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Roof: Other

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Utilities: Electricity Available

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 74434334150000972
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: MULTIFAM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 5837.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2019
Sold by
Malvern 511 Inc
Bought by
D & E Real Estate Investments Llc
Total Days on Market
108
Current Estimated Value
$752,500

Purchase Details

Closed on
Mar 20, 2018
Sold by
D And E Real Estate Investment Llc
Bought by
Malvern 511 Inc A Florida Corporation

Purchase Details

Closed on
Aug 4, 2016
Sold by
D And E Real Estate Investments Llc
Bought by
D And E Real Estate Investments Llc

Purchase Details

Listed on
Jul 2, 2014
Closed on
Oct 13, 2014
Sold by
Bank Of New York
Bought by
D & E Real Estate Investments Llc
Seller's Agent
David Kendall
SAFE HAVEN PARTNERS LLC
Buyer's Agent
Daniela Robles
Century 21 Tenace Realty
List Price
$260,000
Sold Price
$213,000
Premium/Discount to List
-$47,000
-18.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.03%

Purchase Details

Closed on
Jun 20, 2014
Sold by
Lopez Yanira and Lopez Mario
Bought by
Bank Of New York

Purchase Details

Closed on
Sep 30, 2013
Sold by
Alba Florida Rentals Llc
Bought by
Fla Residential Management Partners Llc

Purchase Details

Closed on
Dec 7, 2012
Sold by
Indymac Commercial Properties Llc
Bought by
Alba Florida Rentals Llc

Purchase Details

Closed on
May 14, 2012
Sold by
Lopez Mario and Lopez Yanira
Bought by
Indymac Properties Llc

Purchase Details

Closed on
Sep 22, 2005
Sold by
Nelson David M
Bought by
Lopez Yanira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
1.37%
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
D & E Real Estate Investments Llc -- Attorney
Malvern 511 Inc A Florida Corporation -- Attorney
D And E Real Estate Investments Llc -- None Available
D & E Real Estate Investments Llc $213,000 Attorney
Bank Of New York -- None Available
Fla Residential Management Partners Llc -- None Available
Alba Florida Rentals Llc -- None Available
Indymac Properties Llc -- None Available
Lopez Yanira $356,250 Blue Title Services Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Yanira $285,000
Previous Owner Nelson David M $201,500
Previous Owner Nelson David M $201,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2014 11/18/14 Sold $213,000 -18.1% $85 / Sq Ft
10/19/2014 10/19/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $260,000 -- $104 / 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 $10,583 $433,144 -- --
2023 $9,856 $393,767 $0 $0
2022 $9,432 $357,970 $0 $0
2021 $8,270 $384,875 $150,000 $234,875
2020 $7,280 $295,843 $108,000 $187,843
2019 $7,905 $320,731 $138,000 $182,731
2018 $6,302 $263,906 $117,000 $146,906
2017 $6,731 $284,245 $93,600 $190,645
2016 $4,827 $193,485 $0 $0
2015 $4,947 $193,484 $0 $0
2014 $4,854 $187,105 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David Kendall

    SAFE HAVEN PARTNERS LLC

  • D

    Seller Co-Listing Agent in 2014

    Don Poyner

    Quantum Realty Associates Inc

    (561) 744-0150

    56 Total Sales

    Don Poyner
    Section Image

  • D

    Buyer's Agent in 2014

    Daniela Robles

    Century 21 Tenace Realty

    (561) 275-1525

    8 Total Sales

    Daniela Robles
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10053763

BeachesMLS

APN: 74-43-43-34-15-000-0972

Florida Palm Beach County West Palm Beach 33405 Southland Park

3805 S Olive Ave Unit 5, West Palm Beach, FL

This home is located at 3805 S Olive Ave Unit 5, West Palm Beach, FL 33405 since 02 July 2014 and is currently estimated at $752,500, approximately $301 per square foot. This property was built in 1951. 3805 S Olive Ave Unit 5 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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