NOT LISTED FOR SALE

498 W Drew St Lantana, FL 33462

Lantana Pines Neighborhood

Estimated Value: $846,000 - $1,022,000

-- Bed
4 Baths
2,340 Sq Ft
$399/Sq Ft Est. Value

Last Sold March 18, 2015

Last sale price $252,200 $108 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $6,040/month

60 Days on Market

Highlights

  • Garden View
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Corner Lot
  • Ceramic Tile Flooring

About This Home

As of March 2015

Fantastic opportunity to own this sweet little income property. 4 units totaling 3100 square feet. Each apt. has 1 bedroom, 1 bath, a kitchen and living area. Fresh interior and exterior paint, new roof and gutters. Easy to show. This one won't sit for long. Great location! Located close to I-95,shopping, the beaches and restaurants. Convenient! Come take a look! See attachment for PAS requirements and WFHM offer submittal information in MLS document section.

Last Agent to Sell the Property

Robert Beville

United Realty Consultants License #3235407 Listed on: 12/17/2014

Last Buyer's Agent

Avraham Dagan

Landrich Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,779

Year Built

  • Built in 1965

Lot Details

  • Corner Lot

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,340 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Garden Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • 2 Units
  • Greynolds Highlands Subdivision

Listing and Financial Details

  • Rent includes electricity, water
  • Assessor Parcel Number 40434503150150120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,779

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Lantana Road to Broadway, South to Drew, East to property.
  • Year Built: 1965
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Other
  • Living Area: 2340.0

Exterior Features

  • View: Garden
  • Lot Features: Corner Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 40434503150150120
  • Lot Size: 1/2 to < 1 Acre,Corner L
  • Zoning Description: res

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4779.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2015
Sold by
Us Bank National Association
Bought by
Fire Apt Llc
Current Estimated Value
$934,000

Purchase Details

Closed on
Mar 25, 2014
Sold by
Elusme Jonis
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 27, 2006
Sold by
Hanna Mary M
Bought by
Elusme Jonis and Auguste Marie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.03%
Mortgage Type
Stand Alone Second
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
Fire Apt Llc $252,200 Stewart Title Company
U S Bank National Association $143,100 None Available
Elusme Jonis $330,000 Universal Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elusme Jonis $49,500
Previous Owner Elusme Jonis $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2015 03/18/15 Sold $252,200 +26.2% $108 / Sq Ft
02/16/2015 02/16/15 Pending -- -- --
12/17/2014 12/17/14 For Sale $199,900 -- $85 / 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 $10,587 $407,684 -- --
2023 $9,616 $370,622 $0 $0
2022 $9,175 $336,929 $0 $0
2021 $7,977 $306,299 $162,000 $144,299
2020 $7,651 $302,856 $138,000 $164,856
2019 $7,171 $278,262 $120,000 $158,262
2018 $6,421 $241,336 $112,266 $129,070
2017 $5,806 $229,638 $89,813 $139,825
2016 $5,314 $193,158 $0 $0
2015 $4,963 $171,757 $0 $0
2014 $4,779 $142,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Robert Beville

    United Realty Consultants

    (561) 352-0578

    18 Total Sales

    Section Image

  • A

    Buyer's Agent in 2015

    Avraham Dagan

    Landrich Real Estate, Inc.

  • D

    Buyer's Agent in 2015

    Doron Landrich

    Landrich Real Estate, Inc.

    9 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10096585

BeachesMLS

APN: 40-43-45-03-15-015-0120

Florida Palm Beach County Lantana 33462 Lantana Pines

498 W Drew St, Lantana, FL

This home is located at 498 W Drew St, Lantana, FL 33462 since 17 December 2014 and is currently estimated at $934,000, approximately $399 per square foot. This property was built in 1965. 498 W Drew St is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana 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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