NOT LISTED FOR SALE

718 N 5th St Unit 1 Lantana, FL 33462

North Broadway Neighborhood

Estimated Value: $395,000 - $672,000

-- Bed
3 Baths
2,153 Sq Ft
$259/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $212,000 $98 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $3,715/month

44 Days on Market

Highlights

  • Shed
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of February 2019

Amazing opportunity to own a duplex in East Lantana. Both units are 2/1's with tons of potential. The east unit is completely remodeled with beautiful tile flooring, new kitchen with granite counters and bathroom with a Jacuzzi style tub. Roof is approximately 10 years old. Separately metered for electric.Laundry on site between the east and west unit. There is a full bathroom in the laundry area. Potential to give each unit a second bathroom.Large backyard with 2 sheds. The larger shed has electricity running to it. Possibly make it a small studio for extra income. Both have a 10 year old shingle roof.Will not last!!!

Last Agent to Sell the Property

Richard Lewis

Ally Realty Florida LLC License #3311835 Listed on: 12/15/2018

Last Buyer's Agent

Richard Lewis

Ally Realty Florida LLC License #3311835 Listed on: 12/15/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,806

Year Built

  • Built in 1973

Lot Details

  • 7,396

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,153 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Ceramic Tile

Additional Features

  • Shed
  • 7,396 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Mantyharju Lantana Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40434434090010470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,806

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I95 to Lantana Rd, East to 5th St, go North property will be on your right
  • Year Built: 1973
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Living Area: 2153.0

Exterior Features

  • Exterior Features: Shed
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 40434434090010470
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 7396.0
  • Zoning Description: R15(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3806.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2018
Closed on
Feb 27, 2019
Sold by
Thompson James R and Thompson Debra E
Bought by
Erdey Dawn and Erdey Charles
Seller's Agent
Richard Lewis
Ally Realty Florida LLC
Buyer's Agent
Richard Lewis
Ally Realty Florida LLC
List Price
$259,000
Sold Price
$212,000
Premium/Discount to List
-$47,000
-18.15%
Total Days on Market
44
Current Estimated Value
$558,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,160
Avg. Annual Appreciation
16.92%

Purchase Details

Closed on
Jun 11, 2014
Sold by
Fitzpatrick Tuula A
Bought by
Thompson James and Thompson Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,135
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2008
Sold by
Puskala Onni A and Puskala Aili A
Bought by
Puskala Onni Armas and Puskala Aili Annikki
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
Erdey Dawn $212,000 Transamerican Title & Setmnt
Thompson James -- First American Title Ins Co
Thompson James $112,000 First American Title Ins Co
Puskala Onni Armas -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson James $144,135
Previous Owner Louis Jean Max Pierre $90,655
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $212,000 -18.1% $98 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
12/15/2018 12/15/18 For Sale $259,000 -- $120 / 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 $7,276 $286,057 -- --
2023 $6,605 $260,052 $162,584 $196,741
2022 $6,514 $236,411 $0 $0
2021 $5,242 $214,919 $74,000 $140,919
2020 $5,367 $220,181 $85,100 $135,081
2019 $4,617 $201,681 $66,600 $135,081
2018 $4,194 $189,322 $73,600 $115,722
2017 $3,806 $176,266 $64,000 $112,266
2016 $3,572 $128,737 $0 $0
2015 $3,143 $117,034 $0 $0
2014 $2,418 $102,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Lewis

    Seller's Agent in 2019

    Richard Lewis

    Ally Realty Florida LLC

    (561) 374-4532

    12 Total Sales

    Richard Lewis
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Map

Source: BeachesMLS

MLS Number: R10488651

BeachesMLS

APN: 40-43-44-34-09-001-0470

Florida Palm Beach County Lantana 33462 North Broadway

718 N 5th St Unit 1, Lantana, FL

This home is located at 718 N 5th St Unit 1, Lantana, FL 33462 since 15 December 2018 and is currently estimated at $558,160, approximately $259 per square foot. This property was built in 1973. 718 N 5th St Unit 1 is a home located in Palm Beach County with nearby schools including Barton 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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