NOT LISTED FOR SALE

450 Old Spanish Trail Lantana, FL 33462

San Castle Neighborhood

Estimated Value: $299,000 - $337,000

2 Beds
1 Bath
836 Sq Ft
$380/Sq Ft Est. Value

Last Sold September 27, 2012

Last sale price $18,000 $22 Per Sq Ft

Est. 1,595% increase in value since last sale

Current estimated payment $1,750/month

877 Days on Market

Highlights

  • Attic
  • Ceramic Tile Flooring
  • No Heating
  • Cooling System Mounted To A Wall/Window
  • South Facing Home
  • 1-Story Property

About This Home

As of September 2012

SHORT SALE

Last Agent to Sell the Property

Ismael Alvarez

Partnership Realty Inc. License #0672153 Listed on: 04/03/2010

Last Buyer's Agent

Isaac Miniet

Partnership Realty Inc. License #3213278

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $313

Year Built

  • Built in 1959

Lot Details

  • South Facing Home
  • Property is zoned Rm

Interior Spaces

  • 836 Sq Ft Home
  • 1-Story Property
  • Electric Range
  • Attic

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • San Castle Add 03 & 04 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00434509110060470

Home Details

Home Type

Single Family

Est. Annual Taxes

$313

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I95 TO HYPOLUXO RD, EAST TO SEACREST, NO TO OLD SPANISH TRL
  • Year Built: 1959
  • Special Features: 12

Interior Features

  • Interior Amenities: Attic
  • Furnished: Unfurnished
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 836.0
  • Dining Room Type: Attic
  • Stories: 1

Exterior Features

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

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00434509110060470
  • Zoning Description: Rm

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 313.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2010
Closed on
Sep 27, 2012
Sold by
Ruiz Jose M and Ruiz Magdalena
Bought by
Alicea Melvin
Seller's Agent
Ismael Alvarez
Partnership Realty Inc.
Buyer's Agent
Isaac Miniet
Partnership Realty Inc.
List Price
$50,000
Sold Price
$18,000
Premium/Discount to List
-$32,000
-64%
Current Estimated Value
$305,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,142
Original Mortgage
$9,000
Interest Rate
15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2004
Sold by
Ruiz Jose M and Ruiz Magdalena
Bought by
Ruiz Jose M and Ruiz Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2000
Sold by
Melvin Alicea
Bought by
Ruiz Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 1995
Sold by
Capital Impr Group Inc
Bought by
Alicea Melvin and Alicea Monca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,100
Interest Rate
9.14%

Purchase Details

Closed on
Mar 2, 1994
Sold by
F N B Prop Inc
Bought by
Capital Impr Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
6.97%

Purchase Details

Closed on
Jan 11, 1994
Sold by
Clerk Circuit Court
Bought by
F N B Prop Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
6.97%

Purchase Details

Closed on
Dec 30, 1993
Sold by
Clerk Circuit Court
Bought by
F N B Prop Inc
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
Alicea Melvin $18,000 Trident Title Llc
Ruiz Jose M $38,500 --
Ruiz Jose M $75,000 --
Alicea Melvin $59,900 --
Alicea Melvin $59,900 --
Capital Impr Group Inc $24,000 --
F N B Prop Inc $24,300 --
F N B Prop Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Alicea Melvin $9,000
Previous Owner Ruiz Jose M $137,000
Previous Owner Ruiz Jose M $109,800
Previous Owner Ruiz Jose M $90,000
Previous Owner Ruiz Jose M $75,000
Previous Owner Alicea Melvin $58,100
Previous Owner Capital Impr Group Inc $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2012 09/27/12 Sold $18,000 -64.0% $22 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
04/03/2010 04/03/10 For Sale $50,000 -- $60 / 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 $1,046 $80,091 -- --
2023 $999 $77,758 $0 $0
2022 $970 $75,493 $0 $0
2021 $947 $73,294 $0 $0
2020 $938 $72,282 $0 $0
2019 $937 $70,657 $0 $0
2018 $901 $69,340 $0 $0
2017 $875 $67,914 $11,278 $56,636
2016 $1,103 $31,780 $0 $0
2015 $955 $26,001 $0 $0
2014 $881 $23,637 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3099305

BeachesMLS

APN: 00-43-45-09-11-006-0470