NOT LISTED FOR SALE

655 Silver Beach Rd Unit 1-4 Lake Park, FL 33403

Estimated Value: $394,000 - $820,000

6 Beds
7 Baths
2,916 Sq Ft
$210/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $380,000 $130 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,481/month

22 Days on Market

Highlights

  • Corner Lot
  • Patio
  • No Heating
  • Cooling System Mounted To A Wall/Window
  • Terrazzo Flooring
  • 3-minute walk to Lake park Developmental Center

About This Home

As of October 2019

4 unit building, corner lot, east location. 2 parking lots, no HOA, close to everything, great investment.

Last Agent to Sell the Property

Junior Brown

Century 21 Tenace Realty License #3213603 Listed on: 09/05/2019

Century 21 Tenace Realty

Last Buyer's Agent

James Boucher

United Realty Group Inc License #3113643

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,273

Year Built

  • Built in 1958

Lot Details

  • 0.31 Acre Lot
  • Corner Lot

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,916 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Outdoor Features

  • Patio

Utilities

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

Community Details

  • 4 Units
  • Kelsey City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36434220010560230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,273

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: 95 to Blue Heron East, north to Congress to Silver Beach, Head East
  • Year Built: 1958
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 2916.0

Exterior Features

  • Exterior Features: Patio
  • Lot Features: Corner Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 36434220010560230
  • Lot Size Sq Ft: 13644.0
  • Zoning Description: R2(cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6273.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Oct 28, 2019
Sold by
Grisfer Investment Llc
Bought by
Ciarlariello Bruce M
Seller's Agent
Junior Brown
Century 21 Tenace Realty
Buyer's Agent
James Boucher
United Realty Group Inc
List Price
$389,900
Sold Price
$380,000
Premium/Discount to List
-$9,900
-2.54%
Current Estimated Value
$612,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,391
Avg. Annual Appreciation
6.85%
Original Mortgage
$228,000
Outstanding Balance
$202,360
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$355,445

Purchase Details

Closed on
Feb 17, 2012
Sold by
U S Bank
Bought by
Grisfer Investment Llc

Purchase Details

Closed on
Nov 15, 2011
Sold by
Johnson Rheba B
Bought by
U S Bank Na

Purchase Details

Closed on
Mar 30, 2006
Sold by
Gerchow Matthew and Bailer Heiko
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
$267,200
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 23, 2005
Sold by
Wellspring Holding Group Inc
Bought by
Gerchow Matthew and Bailer Heiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 8, 2005
Sold by
Carter George A
Bought by
Wellspring Holding Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving
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
Ciarlariello Bruce M $380,000 Attorney
Grisfer Investment Llc $90,500 Buyers Title Inc
U S Bank Na $88,300 None Available
Johnson Rheba B $334,000 None Available
Gerchow Matthew -- --
Wellspring Holding Group Inc $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ciarlariello Bruce M $228,000
Previous Owner Johnson Rheba B $267,200
Previous Owner Gerchow Matthew $60,000
Previous Owner Wellspring Holding Group Inc $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2019 10/28/19 Sold $380,000 -2.5% $130 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $389,900 -- $134 / 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 $13,741 $434,440 -- --
2023 $13,311 $394,945 $0 $0
2022 $10,621 $359,041 $0 $0
2021 $9,148 $326,401 $110,000 $216,401
2020 $9,208 $327,883 $135,000 $192,883
2019 $7,390 $331,208 $135,000 $196,208
2018 $6,273 $248,536 $98,609 $149,927
2017 $6,071 $231,156 $88,044 $143,112
2016 $5,701 $156,003 $0 $0
2015 $5,329 $141,821 $0 $0
2014 $4,920 $128,928 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Junior Brown

    Seller's Agent in 2019

    Junior Brown

    Century 21 Tenace Realty

    (561) 767-2158

    33 Total Sales

    Section Image
  • James Boucher

    Buyer's Agent in 2019

    James Boucher

    United Realty Group Inc

    (561) 845-9039

    1 in this area

    25 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10558763

BeachesMLS

APN: 36-43-42-20-01-056-0230

Florida Palm Beach County Lake Park 33403

655 Silver Beach Rd Unit 1-4, Lake Park, FL

This home is located at 655 Silver Beach Rd Unit 1-4, Lake Park, FL 33403 since 05 September 2019 and is currently estimated at $612,391, approximately $210 per square foot. This property was built in 1958. 655 Silver Beach Rd Unit 1-4 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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