NOT LISTED FOR SALE

994 SE Atlantic Dr Lantana, FL 33462

Estimated Value: $4,121,000 - $5,006,573

5 Beds
4 Baths
4,690 Sq Ft
$989/Sq Ft Est. Value

Last Sold September 23, 2015

Last sale price $1,600,000 $341 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $28,647/month

301 Days on Market

Highlights

  • 109 Feet of Waterfront
  • Gas Heated Pool
  • No HOA
  • Dock made with wood
  • Lanai
  • Double Oven

About This Home

As of September 2015

Over a half acre waterfront lot on a very private street in Point Manalapan. Expansive yard, with pool, lots of grass, covered tiki hut sitting area, and dock. 5,400 total SF 5 bedroom home with high ceilings and spectacular views.

Last Agent to Sell the Property

JACK ELKINS

THE FITE GROUP Listed on: 10/29/2014

Co-Listed By

BUNNY HIATT

THE FITE GROUP

Last Buyer's Agent

Tierney O'Hara

Sotheby's International Realty, Inc. License #SL-3087366

Sotheby's International Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,747

Year Built

  • Built in 1980

Lot Details

  • 0.54 Acre Lot
  • 109 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Property is zoned R1A

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Wood Shingle Roof
  • Wood Roof

Interior Spaces

  • 4,690 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Casement Windows
  • Dining Room
  • Storage
  • Utility Room

Kitchen

  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Dock made with wood
  • Balcony
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • Hypoluxo Island Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 40434503220001380

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,747

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.54
  • Lot Size: 109
  • Subdivision Name: Hypoluxo Island
  • Directions: Ocean Avenue in Lantana to S Atlantic Dr. - veer left, then onto SE Atlantic.
  • Above Grade Finished Sq Ft: 18302.75
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Year Built: 1980
  • Location Tax Legal:Zoned: R1A
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 22747.0
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Living Area: 4690.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 109
  • Pool:Heated - Gas: Yes
  • Floors:WW Carpeting: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 23522
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Windows:Casement: Yes
  • Exposure:West: Yes
  • Dock:Wood: Yes
  • General Property Description:Waterfront Ftg: 109.0
  • Waterfront:Intracoastal-Direct: Yes
  • Roof:Wood Shingle: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Electric, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Tile, W/W Carpeting
  • Interior Amenities: Ceiling Fan, Fireplace, Smoke Detectors, Storage, Pantry
  • Living Area: 4690.0
  • Window Features: Casement, Impact Glass-Full
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: Intracoastal-Direct
  • Waterfront: Yes
  • Construction Type: Frame
  • Exterior Features: Balcony, Patio/Lanai
  • Roof: Wood
  • Exterior Features:Balcony: Yes
  • Exterior Features:PatioLanai: Yes
  • Construction:Frame: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached
  • Garage: Yes
  • Garage:_two_ Car: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 23522.0
  • Parcel #: 40434503220001380
  • Zoning: R1A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 22747.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2014
Closed on
Sep 23, 2015
Sold by
Lipsit Daniel R and Lipsit Tiffany
Bought by
Reveley Robert J
Seller's Agent
JACK ELKINS
THE FITE GROUP
Buyer's Agent
Tierney O'Hara
Sotheby's International Realty, Inc.
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$4,879,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,279,750
Avg. Annual Appreciation
11.73%
Original Mortgage
$1,280,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 29, 2011
Sold by
Jones Ronald W and Jones Patricia
Bought by
Lipsit Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,750
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 1997
Sold by
Hall Kenneth G and Hall Debra M
Bought by
Jones Ronald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,050
Interest Rate
7.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 1994
Sold by
Hall Deborah K
Bought by
Hall Kenneth G
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
Reveley Robert J $1,600,000 Summit Title Services Corp
Lipsit Daniel R $1,125,000 Crystal Title Inc
Jones Ronald W $975,000 --
Hall Kenneth G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reveley Robert J $1,500,000
Closed Reveley Robert J $1,280,000
Previous Owner Lipsit Daniel R $843,750
Previous Owner Jones Ronald W $400,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2015 09/23/15 Sold $1,600,000 0.0% $341 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
10/29/2014 10/29/14 For Sale $1,600,000 -- $341 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $24,702 $1,267,889 -- --
2023 $23,837 $1,230,960 $0 $0
2022 $23,634 $1,195,107 $0 $0
2021 $23,385 $1,160,298 $0 $0
2020 $23,332 $1,144,278 $0 $0
2019 $22,687 $1,101,960 $0 $0
2018 $21,075 $1,051,617 $0 $0
2017 $19,645 $971,091 $0 $0
2016 $19,433 $951,118 $0 $0
2015 $23,309 $1,107,500 $0 $0
2014 $23,342 $1,098,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    JACK ELKINS

    THE FITE GROUP

  • B

    Seller Co-Listing Agent in 2015

    BUNNY HIATT

    THE FITE GROUP

  • Tierney O'Hara

    Buyer's Agent in 2015

    Tierney O'Hara

    Sotheby's International Realty, Inc.

    (561) 449-1212

    1 in this area

    64 Total Sales

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-2217

APN: 40-43-45-03-22-000-1380

Florida Palm Beach County Lantana 33462

994 SE Atlantic Dr, Lantana, FL

This home is located at 994 SE Atlantic Dr, Lantana, FL 33462 since 29 October 2014 and is currently estimated at $4,639,893, approximately $989 per square foot. This property was built in 1980. 994 SE Atlantic Dr is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

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