NOT LISTED FOR SALE

615 Silver Beach Rd Unit 1 Lake Park, FL 33403

Estimated Value: $428,399 - $623,000

Studio
2 Baths
1,768 Sq Ft
$298/Sq Ft Est. Value

Last Sold May 24, 2013

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

Est. 451% increase in value since last sale

Current estimated payment $3,383/month

32 Days on Market

Highlights

  • Boat Ramp
  • Cooling System Mounted To A Wall/Window
  • Terrazzo Flooring
  • No HOA
  • 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: 03/06/2013

Last Buyer's Agent

Herman Goodrich

Dynasty Partners Inc License #0173453

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2 Bathrooms
  • 1,768 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Terrazzo
  • Ceramic Tile

Utilities

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

Additional Features

  • Shed
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 36434220010560360

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Kelsey City In Pb 8 Subdivision

Amenities

  • Community Library

Recreation

  • Boat Ramp
  • Boating
  • Trails

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0 Sq Ft Lot

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
  • DelayedMarketingYN: No
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

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

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Lot Features: Fruit Trees, Sprinklers Automatic, < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Roof: Composition

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Outside
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Amenities: Boating, Library, Sidewalks, Trail(s)
  • Association: No

Lot Info

  • Parcel #: 36434220010560360
  • Lot Size: NONE
  • Mobile Dim Units: Feet
  • Zoning: RES

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Tax Info

  • Tax Year: 2003
  • Tax Annual Amount: 2643.0

Multi Family

  • Number Of Units In Community: 2

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
$526,350

Purchase Details

Listed on
Mar 6, 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
14.33%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Previous Owner Johnson Rheba B $166,500
Previous Owner Dominique Rosemond $62,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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 (Greater Fort Lauderdale)

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
2025 $8,066 $315,830 -- --
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

    25 Total Sales

    Jean Marseille
    Section Image

  • H

    Buyer's Agent in 2013

    Herman Goodrich

    Dynasty Partners Inc

    (954) 914-5715

    12 Total Sales

    Herman Goodrich
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R3350628

BeachesMLS (Greater Fort Lauderdale)

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

Florida Palm Beach County Lake Park 33403

615 Silver Beach Rd Unit 1, Lake Park, FL

Not Listed for Sale

MultiFamily

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