NOT LISTED FOR SALE

1051 Bimini Ln Riviera Beach, FL 33404

Estimated Value: $1,378,000 - $2,427,000

4 Beds
3 Baths
2,969 Sq Ft
$575/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $535,000 $180 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $10,335/month

7 Days on Market

Highlights

  • Private Pool
  • Screened Porch
  • Circular Driveway
  • William T. Dwyer High School Rated A-
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of July 2017

Spacious home located in desirable Palm Beach Isles. 4 Large Bedrooms ( 2 Masters) 3 Full Baths, formal dining & living rooms with large family room. Kitchen has granite counters which flows nicely into the 2nd dining room. Terrazzo and tile flooring through out. Large pool with Pebble Tech. New A/C, Pool pumps and hot water heater. Impact windows & Accordion Shutters. Walking distance to the beach! Home needs some TLC and Priced to SELL!!!!! All Measurements are Approximate. Sold AS IS.

Last Agent to Sell the Property

Kelly Shearer

Illustrated Properties LLC (Jupiter) License #3304932 Listed on: 06/23/2017

Illustrated Properties LLC (Jupiter)

Last Buyer's Agent

Meike Macgregor

Compass Florida LLC License #3026406

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,865

Year Built

  • Built in 1965

Lot Details

  • 10,500 Sq Ft Lot
  • Property is zoned RS-5(c

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 2,969 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room
  • Formal Dining Room
  • Screened Porch
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Pool

  • Private Pool
  • Pool Equipment or Cover

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 56434222020000260

Community Details

Overview

  • Palm Beach Isles 1 Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,865

Year Built

Built in 1965

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North Ocean to Bimini Lane. House on the left.
  • Year Built: 1965
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Dining Area, Separate/Formal Dining Room, Family/Dining Room
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Terrazzo, Tile
  • Living Area: 2969.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Enclosed Porch
  • Lot Features: < 1/4 Acre
  • Pool Features: Pool Equipment, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 17.0
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 56434222020000260
  • Lot Size Sq Ft: 10500.0
  • Zoning Description: RS-5(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 9865.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2019
Sold by
Ruforza Investments Llc
Bought by
Namdar Sholom D and Tiechtel Mina T
Current Estimated Value
$1,695,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,667
Outstanding Balance
$543,118
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,108,024

Purchase Details

Listed on
Jun 23, 2017
Closed on
Jul 31, 2017
Sold by
Fitzmaurice Danielle and The Richard And Margaret Simon
Bought by
Ruforza Investments Llc
Seller's Agent
Kelly Shearer
Illustrated Properties LLC (Jupiter)
Buyer's Agent
Meike Macgregor
Compass Florida LLC
List Price
$509,000
Sold Price
$535,000
Premium/Discount to List
$26,000
5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.09%

Purchase Details

Closed on
May 3, 2016
Sold by
Fitzmaurice Danielle and Simone Margaret A
Bought by
Fitzmaurice Danielle and The Richard And Margaret Simon

Purchase Details

Closed on
May 1, 2016
Bought by
Ruforza Investments Llc

Purchase Details

Closed on
May 16, 2003
Sold by
Simone Margaret and Simone Richard
Bought by
Simone Richard and Simone Margaret
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Namdar Sholom D $679,630 Attorney
Ruforza Investments Llc $535,000 Attorney
Fitzmaurice Danielle -- Attorney
Ruforza Investments Llc -- --
Simone Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Namdar Sholom D $347,000
Open Namdar Sholom D $611,667
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $535,000 +5.1% $180 / Sq Ft
07/01/2017 07/01/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $509,000 -- $171 / 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 $12,420 $635,552 -- --
2023 $12,116 $617,041 $0 $0
2022 $11,961 $599,069 $0 $0
2021 $11,929 $581,620 $315,000 $266,620
2020 $11,978 $579,841 $282,500 $297,341
2019 $11,314 $502,615 $282,500 $220,115
2018 $10,303 $468,607 $252,579 $216,028
2017 $10,432 $468,397 $252,579 $215,818
2016 $7,635 $433,148 $0 $0
2015 $4,847 $245,271 $0 $0
2014 $4,945 $243,324 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Shearer

    Seller's Agent in 2017

    Kelly Shearer

    Illustrated Properties LLC (Jupiter)

    1 in this area

    65 Total Sales

    Section Image

  • M

    Buyer's Agent in 2017

    Meike Macgregor

    Compass Florida LLC

    (561) 818-1168

    74 in this area

    120 Total Sales

    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10345069

BeachesMLS

APN: 56-43-42-22-02-000-0260

Florida Palm Beach County Riviera Beach 33404

1051 Bimini Ln, Riviera Beach, FL

This home is located at 1051 Bimini Ln, Riviera Beach, FL 33404 since 23 June 2017 and is currently estimated at $1,706,918, approximately $574 per square foot. This property was built in 1965. 1051 Bimini Ln is a home located in Palm Beach County with nearby schools including Lincoln Elementary School, William T. Dwyer High School, and John F. Kennedy 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.

Nearby Homes