NOT LISTED FOR SALE

Estimated Value: $622,883 - $874,000

4 Beds
4 Baths
1,792 Sq Ft
$411/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $653,500 $365 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,989/month

33 Days on Market

Highlights

  • Waterfront
  • 15,999 Sq Ft lot
  • Room in yard for a pool
  • Elbridge Gale Elementary School Rated A-
  • Canal View
  • Screened Porch

About This Home

As of May 2023

Excellent investment opportunity available in the highly sought-after village of Wellington. This Duplex was newly renovated and is perfect for a seasonal or annual rental investment property. With No HOA fees, zoned multifamily <10 units, and a new roof in 2021, this property is rental ready. Situated on an oversized water front lot (.3673 acres), with plenty of room to expand and or add a pool, this turnkey duplex is not one to be missed. Located just mintues to all grocery stores, resturants, and equestrian venues, this investment is a no brainer for those looking to have a residential income property!

Last Agent to Sell the Property

Alison Barens

Equestrian Sotheby's International Realty Inc. License #3349499 Listed on: 04/14/2023

Equestrian Sotheby's International Realty  Inc.

Last Buyer's Agent

Anthony Marino

Realty Advisors International License #3066080

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,248

Year Built

  • Built in 1978

Lot Details

  • 0.37 Acre Lot
  • Waterfront
  • Cul-De-Sac

Property Views

  • Canal
  • Garden

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • Screened Porch
  • Vinyl Flooring

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73414410050090030

Community Details

Overview

  • 2 Units
  • South Shore 3 Of Wellingt Subdivision

Pet Policy

  • Pet Size Limit

Building Details

  • Operating Expense $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,248

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: TAKE FOREST HILL WEST MAKE RIGHT ON EAST HAMPTON CIRCLE DUPLEX ON RIGHT HAND SIDE.
  • Year Built: 1978
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 1792.0
  • Window Features: Blinds, Sliding

Exterior Features

  • Exterior Features: Enclosed Porch, Patio, Room For Pool
  • View: Canal, Garden
  • Lot Features: Cul-De-Sac
  • Pool Features: None
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit

Lot Info

  • Parcel #: 73414410050090030
  • Lot Size Sq Ft: 15999.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Common Area Maintenance, Exterior Electric, Sewer, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7248.0

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 1.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 18, 2023
Sold by
Cobratiger 1486 Llc
Bought by
Pedraita Christopher Joseph and Leonard James Patrick
Seller's Agent
Alison Barens
Equestrian Sotheby's International Realty Inc.
Buyer's Agent
Anthony Marino
Realty Advisors International
List Price
$695,000
Sold Price
$653,500
Premium/Discount to List
-$41,500
-5.97%
Total Days on Market
33
Views
17
Current Estimated Value
$736,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,471
Avg. Annual Appreciation
6.04%
Original Mortgage
$625,462
Outstanding Balance
$611,054
Interest Rate
6.27%
Mortgage Type
Construction
Estimated Equity
$125,917

Purchase Details

Listed on
Mar 12, 2022
Closed on
May 16, 2022
Sold by
Galano and Mary
Bought by
Cobratiger 1486 Llc
Seller's Agent
Lisa Galano
RE/MAX Services
Buyer's Agent
Alison Barens
Equestrian Sotheby's International Realty Inc.
List Price
$630,000
Sold Price
$637,000
Premium/Discount to List
$7,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.56%

Purchase Details

Closed on
Nov 18, 2008
Sold by
Galano Joseph and Galano Mary
Bought by
Galano Joseph

Purchase Details

Closed on
Sep 9, 2008
Sold by
Galano Sarti Rosemarie
Bought by
Galano Joseph

Purchase Details

Closed on
Oct 9, 2006
Sold by
Galano Jospeh and Galano Mary
Bought by
Galano Joseph
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
Pedraita Christopher Joseph $653,500 None Listed On Document
Cobratiger 1486 Llc $637,000 Corporate Title
Galano Joseph -- Attorney
Galano Joseph -- Attorney
Galano Joseph -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedraita Christopher Joseph $625,462
Previous Owner Cobratiger 1486 Llc $374,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $653,500 -6.0% $365 / Sq Ft
04/14/2023 04/14/23 For Sale $695,000 0.0% $388 / Sq Ft
11/01/2022 11/01/22 Rented $2,800 -41.1% --
08/29/2022 08/29/22 Under Contract -- -- --
08/15/2022 08/15/22 For Rent $4,750 0.0% --
05/16/2022 05/16/22 Sold $637,000 +1.1% $355 / Sq Ft
04/16/2022 04/16/22 Pending -- -- --
03/12/2022 03/12/22 For Sale $630,000 -- $352 / 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 $10,224 $528,892 -- --
2023 $10,013 $474,963 $154,800 $320,163
2022 $7,248 $306,899 $0 $0
2021 $6,348 $286,110 $80,000 $206,110
2020 $5,897 $272,455 $84,000 $188,455
2019 $5,392 $234,889 $84,000 $150,889
2018 $4,862 $215,482 $79,200 $136,282
2017 $4,548 $198,579 $72,000 $126,579
2016 $4,411 $173,235 $0 $0
2015 $4,029 $157,486 $0 $0
2014 $3,844 $143,169 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10881631

BeachesMLS

APN: 73-41-44-10-05-009-0030