NOT LISTED FOR SALE

516 N 5th St Unit 2 Lantana, FL 33462

North Broadway Neighborhood

Estimated Value: $504,000 - $682,000

-- Bed
2 Baths
2,100 Sq Ft
$284/Sq Ft Est. Value

Last Sold May 13, 2014

Last sale price $110,500 $53 Per Sq Ft

Est. 439% increase in value since last sale

Current estimated payment $3,518/month

5 Days on Market

Highlights

  • Water Views
  • Central Heating and Cooling System
  • Concrete Flooring
  • Newly Remodeled

About This Home

As of May 2014

2 units, CBS, 2 bedroom, 1 bath each side, utility room in each unit, central a/c, fenced yard, off street parking

Last Agent to Sell the Property

Michelle Daniels

The Real Estate Office Co. License #566609 Listed on: 04/07/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983 | Newly Remodeled

Lot Details

  • 7,405

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Water Views

Flooring

  • Carpet
  • Concrete

Additional Features

  • 7,405 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Mantyharju Lantana Subdivision

Listing and Financial Details

  • Rent includes electricity
  • Assessor Parcel Number 40434434090010370

Property Details

Home Type

Multi-Family

Year Built

Built in 1983 | Newly Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Dixie Highway to Lantana Rd, West to 5th Street North to property
  • Year Built: 1983
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: New Construction
  • Special Features: 1026
  • Stories: 1

Interior Features

  • Flooring: Carpet, Concrete
  • Living Area: 2100.0

Exterior Features

  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: New Construction
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Electricity
  • Senior Community: No

Lot Info

  • Parcel #: 40434434090010370
  • Lot Size Sq Ft: 7405.0
  • Zoning Description: DUPLEX A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3062.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2015
Sold by
Mimbela Javier
Bought by
Mimbela Nelly
Current Estimated Value
$596,108

Purchase Details

Listed on
Apr 7, 2014
Closed on
May 9, 2014
Sold by
Wells Fargo Bank Na
Bought by
Mimbela Javier
Seller's Agent
Michelle Daniels
The Real Estate Office Co.
List Price
$109,500
Sold Price
$110,500
Premium/Discount to List
$1,000
0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.92%

Purchase Details

Listed on
Apr 7, 2014
Closed on
Mar 17, 2014
Sold by
Jemison Angilee
Bought by
Wells Fargo Bank Na
Seller's Agent
Michelle Daniels
The Real Estate Office Co.
List Price
$109,500
Sold Price
$110,500
Premium/Discount to List
$1,000
0.91%

Purchase Details

Closed on
Jan 30, 2001
Sold by
Lofgren Magnus R and Lofgren Emilie C
Bought by
Jemison Angilee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,050
Interest Rate
7.44%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 1993
Sold by
Sherer Richard F
Bought by
Lofgren Magnus R and Lofgren Emilie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
7.01%
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
Mimbela Nelly -- None Available
Mimbela Javier $110,500 Landcastle Title Llc
Wells Fargo Bank Na $116,500 None Available
Jemison Angilee $116,000 --
Lofgren Magnus R $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jemison Angilee $115,050
Previous Owner Lofgren Magnus R $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2014 05/13/14 Sold $110,500 +0.9% $53 / Sq Ft
04/13/2014 04/13/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $109,500 -- $52 / 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 $4,134 $296,588 -- --
2023 $6,824 $269,625 $0 $0
2022 $6,715 $245,114 $0 $0
2021 $5,402 $222,831 $74,000 $148,831
2020 $5,453 $224,390 $85,100 $139,290
2019 $5,152 $208,033 $66,600 $141,433
2018 $4,752 $194,727 $73,600 $121,127
2017 $4,343 $179,621 $64,000 $115,621
2016 $2,607 $168,572 $0 $0
2015 $3,202 $119,826 $0 $0
2014 $3,256 $110,772 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michelle Daniels

    The Real Estate Office Co.

    38 Total Sales

    Michelle Daniels
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Map

Source: BeachesMLS

MLS Number: R10030859

BeachesMLS

APN: 40-43-44-34-09-001-0370

Florida Palm Beach County Lantana 33462 North Broadway

516 N 5th St Unit 2, Lantana, FL

This home is located at 516 N 5th St Unit 2, Lantana, FL 33462 since 07 April 2014 and is currently estimated at $596,108, approximately $283 per square foot. This property was built in 1983. 516 N 5th St Unit 2 is a home located in Palm Beach County with nearby schools including Barton 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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