NOT LISTED FOR SALE

1129 Foster Rd West Palm Beach, FL 33407

Estimated Value: $362,847 - $429,000

-- Bed
2 Baths
1,888 Sq Ft
$206/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $283,500 $150 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,289/month

44 Days on Market

Highlights

  • Fruit Trees
  • Cooling System Mounted To A Wall/Window
  • 2 Car Garage
  • Wrap Around Porch
  • Open Patio
  • Carpet

About This Home

As of January 2022

Unique investment property in West Palm Beach. This duplex generates cashflow day 1, with LOTS of upside to improve (needs some TLC). Unique Single Family Industrial Zoning gives owners/tenants lots of options! Bring your work trucks and landscaping equipment! One of the units is a large 4 bed / 2 bath, and 2nd one is a 2 bed / 1 bath. Tenants pay all utilities. Separate 2-story two car garage/workshop is currently rented to tenants for additional income, but could be converted to additional apartment. Close to major highways and minutes to downtown WPB.

Last Agent to Sell the Property

Dan DeMott

LPT Realty, LLC License #3303428 Listed on: 10/27/2021

LPT Realty, LLC

Co-Listed By

Cindy Zavala

EXP Realty LLC License #3396138

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,134

Year Built

  • Built in 1915

Lot Details

  • 7,458 Sq Ft Lot
  • Fruit Trees

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Fixer Upper
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,888 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Open Patio
  • Wrap Around Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 44434305080000390

Community Details

Overview

  • 3 Units
  • Roebucks Subdivision

Building Details

  • Operating Expense $5,245
  • Net Operating Income $19,355

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,134

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I-95 to 45th St. 45th St East to Australian Australian North to Foster Rd Foster Rd East to Property.
  • Year Built: 1915
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl
  • Living Area: 1888.0

Exterior Features

  • Exterior Features: Fruit Trees, Porch
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Frame
  • Patio And Porch Features: Open, Porch, Wrap Around
  • Property Condition: Resale, Fixer
  • Roof: Composition, Other, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 44434305080000390
  • Lot Size: < 1/4 Acre,West of US-1,
  • Lot Size Sq Ft: 7458.0
  • Zoning Description: I(city
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 19355.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 5245.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2134.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Jan 10, 2022
Sold by
George Damiani
Bought by
Rodriguez Ludwig I and Hernandez Corina S
Seller's Agent
Dan DeMott
LPT Realty, LLC
List Price
$295,000
Sold Price
$283,500
Premium/Discount to List
-$11,500
-3.9%
Current Estimated Value
$359,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,613
Avg. Annual Appreciation
5.70%
Original Mortgage
$215,460
Outstanding Balance
$200,451
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$145,309

Purchase Details

Listed on
Jan 21, 2016
Closed on
Mar 1, 2016
Bought by
Damiani George
Seller's Agent
Youbel Montesino
Elevate Real Estate Brokers
Buyer's Agent
Richard Garrido
Partnership Realty Inc.
List Price
$74,500
Sold Price
$72,500
Premium/Discount to List
-$2,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.56%

Purchase Details

Closed on
May 15, 1995
Sold by
Miller Janie Lee
Bought by
Keever Gene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,700
Interest Rate
8.39%
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
Rodriguez Ludwig I $283,500 First American Title
Damiani George $72,500 --
Keever Gene E $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Ludwig I $215,460
Previous Owner Damiani George $220,000
Previous Owner Damiani George $80,000
Previous Owner Keever Gene E $5,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $283,500 -3.9% $150 / Sq Ft
12/11/2021 12/11/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $295,000 +306.9% $156 / Sq Ft
03/30/2016 03/30/16 Sold $72,500 -2.7% $38 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $74,500 -- $39 / 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 $3,862 $160,570 -- --
2023 $3,702 $150,076 $0 $0
2022 $3,376 $136,433 $0 $0
2021 $2,302 $91,262 $11,858 $79,404
2020 $2,134 $84,567 $11,858 $72,709
2019 $2,023 $83,971 $11,262 $72,709
2018 $1,745 $65,776 $10,963 $54,813
2017 $1,752 $65,254 $10,441 $54,813
2016 $2,289 $86,137 $0 $0
2015 $2,271 $84,074 $0 $0
2014 $2,105 $76,431 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dan DeMott

    LPT Realty, LLC

    (877) 366-2213

    1 in this area

    154 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Cindy Zavala

    EXP Realty LLC

    (561) 729-8528

    1 in this area

    57 Total Sales

    Section Image

  • Y

    Seller's Agent in 2016

    Youbel Montesino

    Elevate Real Estate Brokers

  • R

    Buyer's Agent in 2016

    Richard Garrido

    Partnership Realty Inc.

    (561) 355-0270

    6 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10755091

BeachesMLS

APN: 44-43-43-05-08-000-0390

Florida Palm Beach County West Palm Beach 33407

1129 Foster Rd, West Palm Beach, FL

This home is located at 1129 Foster Rd, West Palm Beach, FL 33407 since 27 October 2021 and is currently estimated at $388,962, approximately $206 per square foot. This property was built in 1915. 1129 Foster Rd is a home located in Palm Beach County with nearby schools including West Riviera Elementary School, John F. Kennedy Middle School, and Palm Beach Lakes 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.

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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