NOT LISTED FOR SALE

1002 Palm Beach Lakes Blvd West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $782,000 - $901,000

8 Beds
4 Baths
2,720 Sq Ft
$311/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $660,000 $243 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,044/month

2 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of June 2021

Location location location!! Tis is a Fourplex the 4 unit are remodeled, with washer and dryer in the unit, central AC, each unit have their own meeter for water and electric. It is close to everything, just bicycle ride the Palm beach outlet, City place(Rosemary Square), Clematis Street, intracoastal water way. the beach. You can also walk to shopping and the train station. Theres 2 unit rented for $1250 and 2 Listed for the $1300. The 4 unit are about the same, *1 and 3 have the bathroom has shower and # 2 and 4 it has bathtub.

Last Agent to Sell the Property

Mariana Roberts

Real Estate 911 Inc License #3334857 Listed on: 04/27/2021

Last Buyer's Agent

Moises Moreno Vanegas

United Realty Group Inc License #3375511

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,224

Year Built

  • Built in 1962

Lot Details

  • 3,354

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 2,720 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Freshwater Add To Wpb Condos
  • Freshwater Add To Wpb Subdivision

Listing and Financial Details

  • Rent includes cable TV
  • Assessor Parcel Number 74434316010250022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,224

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Directions: 195 East to Palm beach lakes blvd after passing the trail rail, last building in the block corner
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: FRESHWATER ADD TO WPB
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 2720
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FRESHWATER ADD TO WPB

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 74434316010250022
  • Zoning: NWD-2 (c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Cable TV

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5224

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 1, 2021
Sold by
Torrentes Larielys
Bought by
Favfyz Investment Group
Seller's Agent
Mariana Roberts
Real Estate 911 Inc
Buyer's Agent
Moises Moreno Vanegas
United Realty Group Inc
List Price
$668,000
Sold Price
$660,000
Premium/Discount to List
-$8,000
-1.2%
Total Days on Market
2
Current Estimated Value
$846,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,101
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Feb 19, 2016
Sold by
Rosa Janet
Bought by
Torrentes Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,805
Interest Rate
3.92%
Mortgage Type
VA

Purchase Details

Closed on
Sep 26, 2013
Sold by
The Bank Of New York Mellon
Bought by
Rosa Janet and 1002 Palm Beach Lakes Trust

Purchase Details

Closed on
Nov 9, 2004
Sold by
Rosemary Acquisitions Llc
Bought by
Allor Judy
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Favfyz Investment Group $660,000 Priority Title Inc
Torrentes Daniel $270,000 Transfer Title Services
Rosa Janet $81,500 Landcastle Title Llc
Allor Judy $299,900 Priority Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favfyz Investment Group Llc $396,000
Previous Owner Torrentes Daniel $275,805
Previous Owner Rosemary Acquisitions Llc $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $660,000 -1.2% $243 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $668,000 -- $246 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $15,536 $680,987 -- --
2023 $13,848 $619,079 $49,405 $613,218
2022 $12,664 $562,799 $0 $0
2021 $5,860 $294,240 $19,500 $274,740
2020 $5,224 $235,685 $17,550 $218,135
2019 $4,554 $169,656 $14,950 $154,706
2018 $5,152 $216,054 $13,283 $202,771
2017 $4,651 $189,485 $12,075 $177,410
2016 $3,906 $152,428 $0 $0
2015 $4,026 $145,520 $0 $0
2014 $3,578 $132,291 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mariana Roberts

    Real Estate 911 Inc

    (954) 261-0546

    2 in this area

    7 Total Sales

    Mariana Roberts
    Section Image

  • M

    Buyer's Agent in 2021

    Moises Moreno Vanegas

    United Realty Group Inc

    (305) 927-0566

    1 in this area

    34 Total Sales

    Moises Moreno Vanegas
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11033939

MIAMI REALTORS® MLS

APN: 74-43-43-16-01-025-0022

Florida Palm Beach County West Palm Beach 33401 Downtown West Palm Beach

1002 Palm Beach Lakes Blvd, West Palm Beach, FL

This home is located at 1002 Palm Beach Lakes Blvd, West Palm Beach, FL 33401 since 27 April 2021 and is currently estimated at $846,101, approximately $311 per square foot. This property was built in 1962. 1002 Palm Beach Lakes Blvd is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Conniston Middle School, and Forest Hill Community High 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.

MIAMI REALTORS® MLS 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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