NOT LISTED FOR SALE

706 W Branch St Unit A Lantana, FL 33462

Ocean Breeze Neighborhood

Estimated Value: $544,509 - $967,000

-- Bed
3 Baths
2,494 Sq Ft
$281/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $163,000 $65 Per Sq Ft

Est. 330% increase in value since last sale

Current estimated payment $4,486/month

57 Days on Market

Highlights

  • Water Views
  • Patio
  • Awning
  • Interior Lot
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of December 2012

CONCRETE BLOCK CONSTRUCTION TRIPLEX IN EXCELLENT CONDITION INSIDE AND OUT LOCATED IN EAST LANTANA LESS THAN 2 MILES TO OCEAN BEACH, SHOPPING, DINING. ALL UNITS OCCUPIED BY LONG-TERM TENANTS CURRENTLY ON MONTH-TO-MONTH LEASES. NEW SHINGLE ROOF IN 2007, ELECTRICAL UPGRADES IN 1997, PLUMBING UPGRADES IN 2007. A/C AND HOT WATER HEATERS ARE 11 YRS OLD. GENEROUS PARKING IN FRONT OF PROPERTY. FENCED LOT. 240 SF ''CABANA'' IS USED AS A SHARED LAUNDRY ROOM W/COMMERCIAL COIN-OPERATED WASHER/DRYER. HAVE CLIENTS DRIVE BY PROPERTY BUT DO NOT WALK AROUND! 24-HOUR NOTICE, NO EXCEPTIONS--BY APPOINTMENT ONLY.

Last Agent to Sell the Property

Diane Duffy

Lang Realty/Delray Beach License #3022605 Listed on: 09/24/2012

Last Buyer's Agent

Avraham Dagan

Landrich Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,782

Year Built

  • Built in 1972

Lot Details

  • Fenced
  • Interior Lot

Property Views

  • Water
  • Garden

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,494 Sq Ft Home
  • 1-Story Property
  • Awning
  • Ceramic Tile Flooring

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $29,700
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 40434503180230110

Community Details

Overview

  • 4 Units
  • Pine St Homesites Subdivision

Building Details

  • Operating Expense $11,500
  • Net Operating Income $18,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,782

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: I-95 to Lantana Rd Exit, East to S Arnold Ave, go South to West Branch, E
  • Year Built: 1972
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2494.0

Exterior Features

  • Exterior Features: Fence, Patio, Awning(s)
  • View: Garden, Other, Water
  • Lot Features: Interior Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 40434503180230110
  • Zoning Description: R15

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 18200.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 11500.0
  • Total Actual Rent: 29700.0

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2782.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2012
Closed on
Dec 20, 2012
Sold by
Long Susan B
Bought by
Fire Investments Llc
Seller's Agent
Diane Duffy
Lang Realty/Delray Beach
Buyer's Agent
Avraham Dagan
Landrich Real Estate, Inc.
List Price
$189,900
Sold Price
$163,000
Premium/Discount to List
-$26,900
-14.17%
Current Estimated Value
$700,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,127
Avg. Annual Appreciation
12.26%

Purchase Details

Closed on
Jan 5, 2005
Sold by
Hutchinson Gerald W and Hutchinson Donna D
Bought by
Long Robert L and Long Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
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
Fire Investments Llc $163,000 Attorney
Long Robert L $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fire Investments Llc $122,000
Previous Owner Long Robert L $212,000
Previous Owner Hutchinson Gerald W $100,100
Closed Long Robert L $26,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2012 12/21/12 Sold $163,000 -14.2% $65 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $189,900 -- $76 / 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 $9,463 $391,976 -- --
2023 $8,453 $356,342 $0 $0
2022 $8,104 $323,947 $0 $0
2021 $7,297 $294,497 $153,900 $140,597
2020 $7,069 $286,548 $131,100 $155,448
2019 $6,604 $263,230 $114,000 $149,230
2018 $5,957 $238,806 $107,588 $131,218
2017 $5,446 $230,593 $86,071 $144,522
2016 $5,041 $191,314 $0 $0
2015 $4,680 $173,922 $0 $0
2014 $5,023 $179,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Diane Duffy

    Lang Realty/Delray Beach

  • A

    Buyer's Agent in 2012

    Avraham Dagan

    Landrich Real Estate, Inc.

  • D

    Buyer's Agent in 2012

    Doron Landrich

    Landrich Real Estate, Inc.

    8 Total Sales

    Doron Landrich
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Map

Source: BeachesMLS

MLS Number: R3312274

BeachesMLS

APN: 40-43-45-03-18-023-0110

Florida Palm Beach County Lantana 33462 Ocean Breeze

706 W Branch St Unit A, Lantana, FL

This home is located at 706 W Branch St Unit A, Lantana, FL 33462 since 24 September 2012 and is currently estimated at $700,127, approximately $280 per square foot. This property was built in 1972. 706 W Branch St Unit A is a home located in Palm Beach County with nearby schools including Lantana 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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