NOT LISTED FOR SALE

515 W Pine St Unit A & B Lantana, FL 33462

Ocean Breeze Neighborhood

Estimated Value: $611,000 - $769,233

4 Beds
2 Baths
980 Sq Ft
$700/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $470,000 $480 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,579/month

157 Days on Market

Highlights

  • Porch
  • Open Patio
  • Central Heating and Cooling System
  • Impact Glass
  • Tile Flooring
  • Ceiling Fan

About This Home

As of August 2021

Newly built, turnkey, duplex income property. Built in 2018, both units feature 2 bedrooms and 2 bathrooms. Beautiful tile throughout with carpet in the bedrooms. Open split floor plans, SS appliances, and granite countertops in the kitchen and bathrooms. All bedrooms have plenty of storage, with built in closet organizers and hurricane impact windows. Full size washer & dryer in both units and each unit is individually metered for electric. Large fenced in yard for the kids to play. No Hoa and close to the beaches.

Last Agent to Sell the Property

Jimmy Middleton

Florida Premier Realty of the Palm Beaches LLC License #3286967 Listed on: 01/27/2021

Florida Premier Realty of the Palm Beaches LLC

Last Buyer's Agent

Monika Meskyte

Compass Florida LLC License #3439973

Compass Florida LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,355

Year Built

  • Built in 2018

Lot Details

  • Fenced
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Impact Glass

Flooring

  • Carpet
  • Tile

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Lantana Amnded Plat In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40434503100170150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,355

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: East to Broadway make a Right then a Left on W Pine Street. Duplex will be on your Left.
  • Year Built: 2018
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile
  • Living Area: 980.0
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Fence, Porch
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • 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, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 40434503100170150
  • Zoning Description: Multifam

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7355.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Aug 3, 2021
Sold by
Atherley Jason Ryan
Bought by
Khokhar Balal
Seller's Agent
Jimmy Middleton
Florida Premier Realty of the Palm Beaches LLC
Buyer's Agent
Monika Meskyte
Compass Florida LLC
List Price
$550,000
Sold Price
$470,000
Premium/Discount to List
-$80,000
-14.55%
Total Days on Market
157
Current Estimated Value
$685,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,808
Avg. Annual Appreciation
10.31%
Original Mortgage
$298,000
Outstanding Balance
$274,246
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$411,562

Purchase Details

Closed on
Mar 11, 2016
Sold by
Clapp Roger E
Bought by
Atherley Jason Ryan

Purchase Details

Closed on
Oct 17, 2011
Sold by
Clapp Roger E and Clapp Ronald
Bought by
Broadway Management 2 Real Estate Trust and Clapps 210 S Broadway Real Estate Trust

Purchase Details

Closed on
Jun 27, 2006
Sold by
Henry Devroomen and Pame De Vroomen
Bought by
Clapp Roger E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.57%
Mortgage Type
Seller Take Back
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
Khokhar Balal $470,000 Attorney
Atherley Jason Ryan -- Standard Title Ins Agency In
Atherley Jason Ryan $51,000 Standard Title Insurance Age
Broadway Management 2 Real Estate Trust -- None Available
Clapp Roger E $775,000 Standard Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khokhar Balal $298,000
Previous Owner Clapp Roger E $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2021 08/03/21 Sold $470,000 -14.5% $480 / Sq Ft
07/04/2021 07/04/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $550,000 -- $561 / 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 $11,264 $499,316 -- --
2023 $9,766 $453,924 $185,620 $268,304
2022 $9,876 $446,263 $0 $0
2021 $7,001 $301,643 $108,000 $193,643
2020 $7,355 $317,386 $92,000 $225,386
2019 $6,131 $296,718 $80,000 $216,718
2018 $1,399 $71,642 $71,642 $0
2017 $1,272 $62,297 $62,297 $0
2016 $824 $35,793 $0 $0
2015 $713 $32,539 $0 $0
2014 $634 $29,581 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10687890

BeachesMLS

APN: 40-43-45-03-10-017-0150