NOT LISTED FOR SALE

607 3rd St Unit 607-609 Lake Park, FL 33403

Estimated Value: $425,000 - $672,000

-- Bed
2 Baths
1,848 Sq Ft
$273/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $61,000 $33 Per Sq Ft

Est. 728% increase in value since last sale

Current estimated payment $3,404/month

89 Days on Market

Highlights

  • Balcony
  • Cooling System Mounted To A Wall/Window
  • Carpet
  • Interior Lot
  • Open Patio
  • 5-minute walk to Kelsey Park

About This Home

As of November 2013

Two story property with loads of potential, excellent rental possibilities. First floor apartment and second floor apartment with stand up attic. Within walking distance of downtown Lake Park and the Intracoastal Park, great area for biking, fishing, near beaches and within minutes of MacArthur State Park, public beaches of Singer Island, waterfront restaurants and marinas. **** Freddie Mac property with a fifteen day first look period for owner occupied offers only. Investor offers cannot be placed until August 2nd. FREE Home Warranty of Buyers Choice! ****

Last Agent to Sell the Property

kathy gross

Nautica Realty License #423905 Listed on: 07/18/2013

Co-Listed By

Diane Balsara

Nautica Realty License #302090

Last Buyer's Agent

Zalman Salman

Salman Realty License #580675

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 6,059 Sq Ft Lot
  • Interior Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,848 Sq Ft Home
  • 2-Story Property
  • Carpet

Outdoor Features

  • Balcony
  • Open Patio

Utilities

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

Community Details

  • 2 Units
  • Kelsey City Subdivision

Listing and Financial Details

  • Rent includes electricity, cable TV
  • Assessor Parcel Number 36434220010300251

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I-95 to Northlake, east to US1, South to Park Ave E to 3rd, S to address.
  • Year Built: 1930
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Flooring: Carpet
  • Living Area: 1848.0

Exterior Features

  • Exterior Features: Balcony
  • Lot Features: Interior Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Patio And Porch Features: Balcony, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

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

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

Lot Info

  • Parcel #: 36434220010300251
  • Lot Size Sq Ft: 6059.0
  • Zoning Description: Multifam
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1641.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2021
Sold by
Dernlan Ira Llc
Bought by
Dernlan Jonathan D
Current Estimated Value
$505,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$192,187
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$302,956

Purchase Details

Listed on
Jul 18, 2013
Closed on
Nov 14, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Dernlan Ira Llc
Seller's Agent
kathy gross
Nautica Realty
Buyer's Agent
Zalman Salman
Salman Realty
List Price
$89,900
Sold Price
$61,000
Premium/Discount to List
-$28,900
-32.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.47%

Purchase Details

Closed on
Jun 7, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 20, 2013
Sold by
Dousdebes Humberto
Bought by
Jpmorgan Chase Bank National Association
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
Dernlan Jonathan D $280,000 None Available
Dernlan Ira Llc $61,000 Land Title Services
Federal Home Loan Mortgage Corporation -- Attorney
Jpmorgan Chase Bank National Association $21,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dernlan Jonathan D $210,000
Previous Owner Dousdebes Humberto $65,000
Previous Owner Dousdebes Humberto $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $61,000 -32.1% $33 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $89,900 -- $49 / 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 $7,820 $290,446 -- --
2023 $7,751 $293,041 $128,100 $164,941
2022 $7,661 $306,408 $0 $0
2021 $4,533 $192,856 $66,000 $126,856
2020 $4,354 $194,071 $81,000 $113,071
2019 $4,187 $196,056 $81,000 $115,056
2018 $3,571 $152,459 $57,538 $94,921
2017 $3,452 $141,980 $51,373 $90,607
2016 $3,248 $91,386 $0 $0
2015 $3,024 $83,078 $0 $0
2014 $2,691 $75,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • k

    Seller's Agent in 2013

    kathy gross

    Nautica Realty

    (561) 306-4755

    1 in this area

    115 Total Sales

    kathy gross
    Section Image

  • D

    Seller Co-Listing Agent in 2013

    Diane Balsara

    Nautica Realty

    (561) 707-7927

    14 Total Sales

    Diane Balsara
    Section Image

  • Z

    Buyer's Agent in 2013

    Zalman Salman

    Salman Realty

See All Agents

Map

Source: BeachesMLS

MLS Number: R9962451

BeachesMLS

APN: 36-43-42-20-01-030-0251

Florida Palm Beach County Lake Park 33403

607 3rd St Unit 607-609, Lake Park, FL

This home is located at 607 3rd St Unit 607-609, Lake Park, FL 33403 since 18 July 2013 and is currently estimated at $505,033, approximately $273 per square foot. This property was built in 1930. 607 3rd St Unit 607-609 is a home located in Palm Beach County with nearby schools including Lake Park Elementary School, Howell L. Watkins Middle School, and Palm Beach Gardens Community High 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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