NOT LISTED FOR SALE

3832 Park Ln West Palm Beach, FL 33406

Palm Springs Village Neighborhood

Estimated Value: $695,435 - $904,000

5 Beds
3 Baths
2,288 Sq Ft
$348/Sq Ft Est. Value

Last Sold January 08, 2016

Last sale price $210,000 $92 Per Sq Ft

Est. 279% increase in value since last sale

Current estimated payment $4,727/month

75 Days on Market

Highlights

  • 34,992 Sq Ft lot
  • Central Heating and Cooling System
  • 4-minute walk to Foxtail Palm Park
  • Ceramic Tile Flooring
  • Fenced

About This Home

As of January 2016

Duplex tenant occupied, solid CB stucco construction.Unit 1 2/1 rents for 950 has carport and 25x25 florida room frame construction. Unit 2 2/1 rents for 850seperate elec. meters paid by tenants, 1 water meter currently and landlord pays water. Needs new roof, have estimates from 8k to 10k to replace.Has a huge lot zoned for up to 2 more buildings. Tenants are living in the property so no showings/inspections until under contract.

Last Agent to Sell the Property

William McDannold

BNC Realty Group LLC License #3049411 Listed on: 09/24/2015

Last Buyer's Agent

Alexis Mompie

Partnership Realty Inc. License #3094781

Partnership Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,209

Year Built

  • Built in 1972

Lot Details

  • 0.8 Acre Lot
  • Fenced

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,288 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $21,600
  • Rent includes electricity, gas, cable TV
  • Assessor Parcel Number 70434418000007140

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,279
  • Net Operating Income $17,321

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,209

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Park lane East of Kirk, on south side of street
  • Year Built: 1972
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2288.0

Exterior Features

  • Exterior Features: Fence
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 70434418000007140
  • Lot Size Sq Ft: 34992.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 17321.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 4279.0
  • Total Actual Rent: 21600.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2209.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2015
Closed on
Jan 8, 2016
Sold by
Villegas Jesus M
Bought by
Mompie Alexis
Seller's Agent
William McDannold
BNC Realty Group LLC
Buyer's Agent
Alexis Mompie
Partnership Realty Inc.
List Price
$240,000
Sold Price
$210,000
Premium/Discount to List
-$30,000
-12.5%
Current Estimated Value
$795,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,859
Avg. Annual Appreciation
14.55%

Purchase Details

Closed on
Feb 25, 2011
Sold by
Malott Buena D
Bought by
Villegas Jesus M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,831
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 5, 2005
Sold by
Malott Buena D
Bought by
Malott Buena D
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
Mompie Alexis $210,000 Trident Title Llc
Villegas Jesus M $125,000 Citrus Title Ins Agency Inc
Malott Buena D -- --
Malott Buena D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villegas Jesus M $121,831
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2016 01/08/16 Sold $210,000 -12.5% $92 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $240,000 -- $105 / 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 $6,631 $308,178 -- --
2023 $6,305 $290,124 $0 $0
2022 $5,946 $273,421 $0 $0
2021 $5,235 $295,122 $142,999 $152,123
2020 $5,697 $292,158 $0 $0
2019 $5,467 $276,466 $97,920 $178,546
2018 $5,500 $268,649 $97,875 $170,774
2017 $4,454 $188,336 $67,500 $120,836
2016 $2,442 $125,726 $0 $0
2015 $2,287 $120,548 $0 $0
2014 $2,209 $115,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2016

    William McDannold

    BNC Realty Group LLC

    (561) 722-9202

    31 Total Sales

    William McDannold
    Section Image

  • A

    Buyer's Agent in 2016

    Alexis Mompie

    Partnership Realty Inc.

    (561) 355-0270

    3 Total Sales

    Alexis Mompie
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10170207

BeachesMLS

APN: 70-43-44-18-00-000-7140

Florida Palm Beach County West Palm Beach 33406 Palm Springs Village

3832 Park Ln, West Palm Beach, FL

This home is located at 3832 Park Ln, West Palm Beach, FL 33406 since 24 September 2015 and is currently estimated at $795,859, approximately $347 per square foot. This property was built in 1972. 3832 Park Ln is a home located in Palm Beach County with nearby schools including Clifford O Taylor/Kirklane Elementary School, John I. Leonard High School, and Palm Springs 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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