NOT LISTED FOR SALE

410 S Arnold Ave Unit 410-412 Lantana, FL 33462

Ocean Breeze Neighborhood

Estimated Value: $500,878 - $570,000

-- Bed
2 Baths
1,680 Sq Ft
$319/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $150,000 $89 Per Sq Ft

Est. 257% increase in value since last sale

Current estimated payment $3,464/month

77 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Ceiling Fan
  • Impact Glass
  • Central Heating and Cooling System

About This Home

As of April 2016

DUPLEX IN GREAT LOCATION IN COASTAL LANTANA LESS THAN 2 MILES TO THE OCEAN BEACH, DINING AND SHOPS ON E. OCEAN AVENUE AND LANTANA RD. EACH UNIT IS 840 SQ FT AND HAS 2 BEDROOMS AND 1 BATH. WOOD FLOORING IN BOTH UNITS IN LIVING AREAS AND BEDROOMS. VINTAGE BATHROOMS AND UPGRADED KITCHENS IN BOTH UNITS. SEPARATE ELECTRIC METERS. SHARED METER FOR CITY WATER/SEWER. IMPROVEMENTS INCLUDE CENTRAL AIR AND NEW IMPACT HURRICANE WINDOWS. THERE IS A SHARED LAUNDRY ROOM BETWEEN THE UNITS AS WELL AS A STORAGE AREA. LARGE CARPORT AND DRIVEWAY. GREAT INVESTMENT OPPORTUNITY.SURVEY AVAILABLE.

Last Agent to Sell the Property

Diane Duffy

Lang Realty/Delray Beach License #3022605 Listed on: 12/22/2015

Last Buyer's Agent

Diane Duffy

Lang Realty/Delray Beach License #3022605 Listed on: 12/22/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,675

Year Built

  • Built in 1959

Lot Details

  • 7,079

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Impact Glass

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • 7,079 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $19,200
  • Rent includes electricity, sewer, cable TV, water
  • Assessor Parcel Number 40434503180210130

Community Details

Overview

  • 2 Units
  • Pine St Homesites Subdivision

Building Details

  • Operating Expense $5,800
  • Net Operating Income $13,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,675

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: U.S. 1 JUST SOUTH OF LANTANA RD AND E. OCEAN AVENUE, TURN WEST ONTO PINE STREET. CONTINUE WEST UNTIL S. ARNOLD AVENUE. MAKE LEFT. PROPERTY WILL BE ON THE LEFT. SIGN ON PROPERTY.
  • Year Built: 1959
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Living Area: 1680.0
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 40434503180210130
  • Lot Size Sq Ft: 7079.0
  • Zoning Description: R15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 13400.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 5800.0
  • Total Actual Rent: 19200.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3675.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2015
Closed on
Apr 4, 2016
Sold by
Palkastis Raymond A
Bought by
Barzroodipour Alireza
Seller's Agent
Diane Duffy
Lang Realty/Delray Beach
Buyer's Agent
Diane Duffy
Lang Realty/Delray Beach
List Price
$200,000
Sold Price
$150,000
Premium/Discount to List
-$50,000
-25%
Total Days on Market
77
Current Estimated Value
$535,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,959
Avg. Annual Appreciation
13.32%
Source: Public Records

Range of Values:

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Average Value
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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
Barzroodipour Alireza $150,000 Gold Coast Title Company Ser
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $150,000 -25.0% $89 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
12/22/2015 12/22/15 For Sale $200,000 -- $119 / 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 $7,422 $282,194 -- --
2023 $6,480 $256,540 $0 $0
2022 $6,179 $233,218 $0 $0
2021 $5,345 $235,579 $108,000 $127,579
2020 $5,096 $234,180 $92,000 $142,180
2019 $4,733 $211,295 $80,000 $131,295
2018 $4,295 $198,240 $84,200 $114,040
2017 $3,632 $144,810 $67,360 $77,450
2016 $3,893 $155,242 $0 $0
2015 $3,675 $141,129 $0 $0
2014 $3,707 $128,299 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10193379

BeachesMLS

APN: 40-43-45-03-18-021-0130