NOT LISTED FOR SALE

714 S Arnold Ave Lantana, FL 33462

Lantana Pines Neighborhood

Estimated Value: $314,000 - $703,720

-- Bed
2 Baths
1,800 Sq Ft
$292/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $195,000 $108 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $3,278/month

58 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • Wall Furnace
  • Ceramic Tile Flooring
  • Fenced

About This Home

As of November 2015

Great Investment Property with Positive cash flow or owner occupied.Rent one side, occupy the other and live for free!Separate Water Meters. No water bill. Solid CBS Building in nicely kept condition. Nice area, good mix of owner occupied single family properties, within walking distance of elementary school. Tenants pay all utilities, no additional expenses beyond insurance and taxes. High demand area is always easily rented.

Last Agent to Sell the Property

Bret Balsara

Nautica Realty License #3162647 Listed on: 09/02/2015

Last Buyer's Agent

Bettina Godziszewski

Paradise Real Estate Intl License #3027784

Paradise Real Estate Intl

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,021

Year Built

  • Built in 1971

Lot Details

  • 5,326 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Flat Roof Shape

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $21,600
  • Rent includes electricity, sewer, cable TV, water
  • Assessor Parcel Number 40434503160240132

Community Details

Overview

  • 2 Units
  • Greynolds Highlands Subdivision

Building Details

  • Operating Expense $5,257
  • Net Operating Income $16,579

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,021

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Lantana East to South Broadway. Head South to Drew. West on Drew and left on South Arnold
  • Year Built: 1971
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1800.0
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 40434503160240132
  • Lot Size: < 1/4 Acre,Freeway Acces
  • Lot Size Sq Ft: 5326.0
  • Zoning Description: R15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 16579.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 5257.0
  • Total Actual Rent: 21600.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3021.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2015
Closed on
Nov 30, 2015
Sold by
Balsara Diane Marie
Bought by
Lenahan Christopher A
Seller's Agent
Bret Balsara
Nautica Realty
Buyer's Agent
Bettina Godziszewski
Paradise Real Estate Intl
List Price
$219,000
Sold Price
$195,000
Premium/Discount to List
-$24,000
-10.96%
Current Estimated Value
$526,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,240
Avg. Annual Appreciation
8.28%
Original Mortgage
$191,468
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2001
Sold by
Victor R Balsara I
Bought by
Balsara Diane M

Purchase Details

Closed on
Jun 17, 1999
Sold by
Thomas Edgar R and Thomas Lorraine V
Bought by
Balsara Victor R and Balsara Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
7.04%
Mortgage Type
New Conventional
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
Lenahan Christopher A $195,000 Title Svcs Of The Palm Beach
Balsara Diane M -- --
Balsara Victor R $87,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lenahan Christopher A $189,600
Closed Lenahan Christopher A $191,468
Previous Owner Balsara Victor R $69,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $195,000 -11.0% $108 / Sq Ft
10/31/2015 10/31/15 Pending -- -- --
09/02/2015 09/02/15 For Sale $219,000 -- $122 / 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 $4,464 $195,794 -- --
2023 $3,953 $182,555 $0 $0
2022 $3,927 $170,387 $0 $0
2021 $3,524 $181,760 $0 $0
2020 $3,397 $178,737 $0 $0
2019 $3,224 $166,153 $0 $0
2018 $2,923 $149,379 $0 $0
2017 $2,549 $125,188 $67,360 $57,828
2016 $2,705 $135,647 $0 $0
2015 $3,004 $104,698 $0 $0
2014 $3,021 $95,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bret Balsara

    Seller's Agent in 2015

    Bret Balsara

    Nautica Realty

    (561) 714-9942

    Section Image

  • B

    Buyer's Agent in 2015

    Bettina Godziszewski

    Paradise Real Estate Intl

    (561) 762-2722

    30 Total Sales

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Map

Source: BeachesMLS

MLS Number: R10164568

BeachesMLS

APN: 40-43-45-03-16-024-0132

Florida Palm Beach County Lantana 33462 Lantana Pines

714 S Arnold Ave, Lantana, FL

This home is located at 714 S Arnold Ave, Lantana, FL 33462 since 02 September 2015 and is currently estimated at $526,240, approximately $292 per square foot. This property was built in 1971. 714 S Arnold Ave 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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