NOT LISTED FOR SALE

1320 Wellington St Unit A And B West Palm Beach, FL 33401

Pineapple Park Neighborhood

Estimated Value: $549,000 - $856,000

4 Beds
2 Baths
1,800 Sq Ft
$363/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $405,000 $225 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,356/month

48 Days on Market

About This Home

As of January 2023

Immaculate Duplex, Each unit is two bedroom 1 bath. Each tenant pays there own water and electric.

Last Agent to Sell the Property

Ahmed Abdeldayem

KW Innovations License #3309101 Listed on: 12/02/2022

KW Innovations

Last Buyer's Agent

Robert Miller

Highland Realty Advisors LLC License #3207781

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,319

Year Built

  • Built in 1976

Lot Details

  • 5,761 Sq Ft Lot
  • Sprinkler System

Home Design

  • Duplex
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434328130050120

Community Details

Overview

  • 2 Units
  • Mercer Park Subdivision

Building Details

  • Operating Expense $9,319
  • Net Operating Income $14,681

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,319

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Take belvedere to parker
  • Year Built: 1976
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Ceramic Tile, Tile
  • Living Area: 1800.0

Exterior Features

  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat, Tile

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 74434328130050120
  • Lot Size Sq Ft: 5761.0
  • Zoning Description: MF14(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 14681.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 9319.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6319.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Jan 23, 2023
Sold by
6720 Katherine Road Llc
Bought by
Belvedere Holdings Llc
Seller's Agent
Ahmed Abdeldayem
KW Innovations
Buyer's Agent
Robert Miller
Highland Realty Advisors LLC
List Price
$435,000
Sold Price
$405,000
Premium/Discount to List
-$30,000
-6.9%
Total Days on Market
48
Views
21
Current Estimated Value
$652,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,804
Avg. Annual Appreciation
22.42%
Original Mortgage
$280,982
Outstanding Balance
$253,562
Interest Rate
5.67%
Mortgage Type
New Conventional
Estimated Equity
$399,242

Purchase Details

Closed on
Jun 3, 2008
Sold by
Walker Charles R
Bought by
6720 Katherine Road Llc

Purchase Details

Closed on
Apr 1, 2008
Sold by
Bennett Tracy O
Bought by
Walker Charles R
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
Belvedere Holdings Llc $405,000 --
Belvedere Holdings Llc -- --
6720 Katherine Road Llc -- Attorney
Walker Charles R -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belvedere Holdings Llc $280,982
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $405,000 -6.9% $225 / Sq Ft
12/02/2022 12/02/22 For Sale $435,000 -- $242 / 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 $8,307 $385,921 -- --
2023 $6,400 $233,737 $0 $0
2022 $6,319 $212,488 $0 $0
2021 $5,242 $287,529 $136,000 $151,529
2020 $4,774 $250,673 $136,000 $114,673
2019 $4,588 $250,673 $136,000 $114,673
2018 $3,703 $185,761 $85,242 $100,519
2017 $3,241 $146,596 $46,077 $100,519
2016 $3,079 $119,944 $0 $0
2015 $3,027 $109,040 $0 $0
2014 $2,653 $99,127 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10849453

BeachesMLS

APN: 74-43-43-28-13-005-0120