NOT LISTED FOR SALE

904 Ridge Rd Lantana, FL 33462

Southwinds Neighborhood

Estimated Value: $480,155 - $526,000

-- Bed
2 Baths
1,652 Sq Ft
$306/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $90,825 $55 Per Sq Ft

Est. 456% increase in value since last sale

Current estimated payment $3,175/month

128 Days on Market

Highlights

  • Garden View
  • Ceramic Tile Flooring
  • 5-minute walk to Lantana Scrub Natural Area
  • Patio
  • Central Heating and Cooling System

About This Home

As of March 2015

Property is being sold as is. Property is sold through auction. A pre-qualification letter from Greenlight Loans is required on ALL financed offers. This property is to be placed in an upcoming event. All bids should be submitted at homesearch (void where prohibited). All pre-event or post-event offers will be reviewed and responded to within 3 business days. All properties are subject to a 5% buyer's premium pursuant to the Event Agreement and Terms & Conditions. Any financed offers require a pre-qual from Greenlight Loans

Last Agent to Sell the Property

Michael Lan

Florida Premier Realty of the Palm Beaches LLC License #3268474 Listed on: 10/23/2014

Last Buyer's Agent

Fahrettin Ergel

Troy Estates LLC License #3139151

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,754

Year Built

  • Built in 1962

Lot Details

  • 6,970 Sq Ft Lot
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,652 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Ceramic Tile Flooring
  • Garden Views

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Dolan Sub Subdivision

Listing and Financial Details

  • Total Actual Rent $1,800
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 40434433160000010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,754

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: LANTANA ROAD TO PUBLIX SHOPPING CENTER, RIDGE ROAD IS ON WEST SIDE OF CENTER.
  • Year Built: 1962
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1652.0
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • 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: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 40434433160000010
  • Lot Size: DP 60
  • Lot Size Sq Ft: 6970.0
  • Zoning Description: DUPLEX A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1754.0

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 1800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2015
Sold by
Mbm Trustee Llc
Bought by
Bm Atlantic Llc
Total Days on Market
128
Current Estimated Value
$505,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$112,110
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$388,836

Purchase Details

Listed on
Oct 23, 2014
Closed on
Mar 12, 2015
Sold by
Deutsche Bank Trust Company Americas
Bought by
Mbm Trustee Llc
Seller's Agent
Michael Lan
Florida Premier Realty of the Palm Beaches LLC
Buyer's Agent
Fahrettin Ergel
Troy Estates LLC
List Price
$118,600
Sold Price
$90,825
Premium/Discount to List
-$27,775
-23.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.20%

Purchase Details

Closed on
Sep 8, 2014
Sold by
Perez Sixto
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Oct 8, 2004
Sold by
Riendeau Sue A and Riendeau Charles L
Bought by
Perez Sixto and Mendez Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,250
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1999
Sold by
Sec Of Va
Bought by
Riendeau Sue A and Riendeau Charles L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,325
Interest Rate
7.27%
Mortgage Type
VA

Purchase Details

Closed on
Apr 6, 1998
Sold by
Inland Mortgage Corp
Bought by
Sec Of Va

Purchase Details

Closed on
Mar 31, 1998
Sold by
Clerk Of The Court
Bought by
Inland Mortgage Corp

Purchase Details

Closed on
Jul 21, 1995
Sold by
Anderson Robert L
Bought by
Wilson Allen J
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
Bm Atlantic Llc $175,000 K Title Company Llc
Mbm Trustee Llc $90,825 None Available
Deutsche Bank Trust Company Americas $92,600 None Available
Perez Sixto $222,500 --
Riendeau Sue A $70,100 --
Sec Of Va $100 --
Inland Mortgage Corp $100 --
Wilson Allen J $64,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bm Atlantic Llc $140,000
Previous Owner Perez Sixto $224,000
Previous Owner Perez Sixto $200,250
Previous Owner Inland Mortgage Corp $68,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $90,825 -23.4% $55 / Sq Ft
03/01/2015 03/01/15 Pending -- -- --
10/23/2014 10/23/14 For Sale $118,600 -- $72 / 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 $5,911 $238,770 -- --
2023 $5,362 $217,064 $0 $0
2022 $5,220 $197,331 $0 $0
2021 $4,162 $179,392 $74,000 $105,392
2020 $4,429 $192,321 $85,100 $107,221
2019 $4,097 $173,879 $66,600 $107,279
2018 $3,713 $159,990 $73,600 $86,390
2017 $3,431 $147,892 $64,000 $83,892
2016 $3,198 $135,386 $0 $0
2015 $2,329 $90,746 $0 $0
2014 -- $69,188 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Michael Lan

    Florida Premier Realty of the Palm Beaches LLC

  • F

    Buyer's Agent in 2015

    Fahrettin Ergel

    Troy Estates LLC

    2 in this area

    26 Total Sales

    Fahrettin Ergel
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Map

Source: BeachesMLS

MLS Number: R10083171

BeachesMLS

APN: 40-43-44-33-16-000-0010

Florida Palm Beach County Lantana 33462 Southwinds

904 Ridge Rd, Lantana, FL

This home is located at 904 Ridge Rd, Lantana, FL 33462 since 23 October 2014 and is currently estimated at $505,385, approximately $305 per square foot. This property was built in 1962. 904 Ridge Rd 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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