NOT LISTED FOR SALE

615 Silver Beach Rd Unit 1 Lake Park, FL 33403

Estimated Value: $429,760 - $523,000

-- Bed
2 Baths
1,768 Sq Ft
$272/Sq Ft Est. Value

Last Sold May 24, 2013

Last sale price $95,557 $54 Per Sq Ft

Est. 425% increase in value since last sale

Current estimated payment $3,407/month

47 Days on Market

Highlights

  • Fruit Trees
  • Patio
  • Terrazzo Flooring
  • Cooling System Mounted To A Wall/Window
  • Shed
  • 4-minute walk to Lake park Developmental Center

About This Home

As of May 2013

Rare multifamily unit in Lake Park. Shared garage and large lot. This is a Fannie Mae homepath property. Purchase for as little as 3% down. Eligible for homepath renovation mortgage.

Last Agent to Sell the Property

Jean Marseille

Legacy Realty & Development License #3122740 Listed on: 03/07/2013

Last Buyer's Agent

Herman Goodrich

Dynasty Partners Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • Sprinkler System
  • Fruit Trees

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Terrazzo
  • Ceramic Tile

Outdoor Features

  • Patio
  • Shed

Utilities

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

Community Details

  • 4 Units
  • Kelsey City In Pb 8 Subdivision

Listing and Financial Details

  • Rent includes electricity, cable TV, water
  • Assessor Parcel Number 36434220010560360

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I-95 TO NORTHLAKE BLVD E TO U.S.I. SOUTH TO SILVER BCH RD WEST TO PRO
  • Year Built: 1960
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile, Terrazzo
  • Living Area: 1768.0

Exterior Features

  • Exterior Features: Fruit Trees, Patio, Shed
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

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, Water
  • Senior Community: No

Lot Info

  • Parcel #: 36434220010560360
  • Zoning Description: RES

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2003
  • Tax Annual Amount: 2643.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2019
Sold by
All About Real Estate Llc
Bought by
615 Silver Beach Road Llc
Current Estimated Value
$501,907

Purchase Details

Listed on
Mar 7, 2013
Closed on
May 22, 2013
Sold by
Fannie Mae
Bought by
Nuts & Bolts Realty Llc
Seller's Agent
Jean Marseille
Legacy Realty & Development
Buyer's Agent
Herman Goodrich
Dynasty Partners Inc
List Price
$94,000
Sold Price
$95,557
Premium/Discount to List
$1,557
1.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.45%

Purchase Details

Closed on
Dec 20, 2012
Sold by
Johnson Rheba B
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 9, 2004
Sold by
Dominique Rosamond and Dominique Teraleme
Bought by
Johnson Rheba B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1994
Sold by
Wingfield Mary
Bought by
Dominique Rosemond and Dominique Teraleme

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,200
Interest Rate
8.39%
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
615 Silver Beach Road Llc -- All About Closing Inc
Nuts & Bolts Realty Llc $95,557 Title & Abstract Agency Of A
Federal National Mortgage Association -- None Available
Johnson Rheba B $195,000 Sunshine Title Of South Flor
Dominique Rosemond $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 615 Silver Beach Road Llc $800,000
Previous Owner Johnson Rheba B $194,600
Previous Owner Johnson Rheba B $166,500
Previous Owner Dominique Rosemond $62,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2013 05/24/13 Sold $95,557 +1.7% $54 / Sq Ft
04/24/2013 04/24/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $94,000 -- $53 / 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 $8,066 $287,118 -- --
2023 $7,468 $261,016 $0 $0
2022 $6,768 $237,287 $0 $0
2021 $5,736 $215,715 $56,100 $159,615
2020 $5,666 $211,543 $68,850 $142,693
2019 $4,743 $213,978 $68,850 $145,128
2018 $4,012 $160,101 $48,907 $111,194
2017 $3,879 $149,954 $43,667 $106,287
2016 $3,663 $112,341 $0 $0
2015 $3,401 $102,128 $0 $0
2014 $3,128 $92,844 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jean Marseille

    Legacy Realty & Development

    (561) 244-2585

    26 Total Sales

    Section Image

  • H

    Buyer's Agent in 2013

    Herman Goodrich

    Dynasty Partners Inc

  • H

    Buyer's Agent in 2013

    Herman Goodrich

    Dynasty Partners Inc

    (954) 914-5715

    11 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R3350628

BeachesMLS

APN: 36-43-42-20-01-056-0360

Florida Palm Beach County Lake Park 33403

615 Silver Beach Rd Unit 1, Lake Park, FL

This home is located at 615 Silver Beach Rd Unit 1, Lake Park, FL 33403 since 07 March 2013 and is currently estimated at $480,190, approximately $271 per square foot. This property was built in 1960. 615 Silver Beach Rd Unit 1 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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