NOT LISTED FOR SALE

1518 W 20th St Unit 1 Riviera Beach, FL 33404

Estimated Value: $558,000 - $973,000

-- Bed
21 Baths
2,970 Sq Ft
$246/Sq Ft Est. Value

Last Sold November 06, 2018

Last sale price $385,000 $130 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,538/month

25 Days on Market

Highlights

  • Water Views
  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • William T. Dwyer High School Rated A-
  • Patio
  • Space Heater

About This Home

As of November 2018

VERY WELL KEPT CBS FOURPLEX ON A VERY QUIET DEAD END STREET WITH ALL SINGLE FAMILY HOMES AND A CHURCH. THREE MINUTES WALK TO CHURCH, THE NEW SUNCOAST HIGH SCHOOL, JOHN F KENNEDY MIDDLE SCHOOL AND ELEMENTRY SCHOOL. ABOUT 10 MINUTES TO SINGER ISLAND BEACH, PALM BEACH PORT AUTHORITY AND PEANUT ISLAND. FRESHLY PAINTED IN AND OUT, WALL TO WALL CERAMIC TILE, LARGE PRIVATE BACKYARD, PRIVATE PARKING JUST OUTSIDE THE FRONT DOOR. CLOSE TO SHOPPING, RESTAURANTS, BANKS, HOSPITAL, I95 ETC. EXCELLENT INVESTMENT OPPORTUNITY, GREAT RENTAL AREA, ALWAYS FULL. RENTS ARE 10% TO 25% BEL0W MARKET RENT. ONLY ONE TENANT HAS A LEASE THAT WILL END ON NOVEMBER 30TH 2018. MUST SEE TO APPRECIATE. OWNER/AGENT

Last Agent to Sell the Property

Jamwant Ramdeholl

Highlight Realty Corp/LW License #648786 Listed on: 09/11/2018

Highlight Realty Corp/LW

Last Buyer's Agent

James Boucher

United Realty Group Inc License #3113643

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,087

Year Built

  • Built in 1967

Lot Details

  • 7,976 Sq Ft Lot
  • Fenced

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,970 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Water Views

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Space Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 56434229040100390

Community Details

Overview

  • 4 Units
  • Acrehome Park Third Add Subdivision

Building Details

  • Operating Expense $6,412
  • Net Operating Income $38,888

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,087

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Blue Heron Blvd to Ave S, south to 20th Street, east to property at the deadend.
  • Year Built: 1967
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2970.0

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Space Heater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 56434229040100390
  • Lot Size Sq Ft: 7976.0
  • Zoning Description: RS-8(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 38888.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 6412.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2087.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2018
Closed on
Nov 6, 2018
Sold by
Ramdeholl Jamwant and Ramdeholl Pramella
Bought by
Ciarlariello Bruce M
Seller's Agent
Jamwant Ramdeholl
Highlight Realty Corp/LW
Buyer's Agent
James Boucher
United Realty Group Inc
List Price
$429,000
Sold Price
$385,000
Premium/Discount to List
-$44,000
-10.26%
Current Estimated Value
$731,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,527
Avg. Annual Appreciation
9.63%
Original Mortgage
$188,800
Outstanding Balance
$165,672
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$565,855

Purchase Details

Closed on
Dec 6, 2002
Sold by
Lucca Joseph W
Bought by
Ramdeholl Jamwant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.07%

Purchase Details

Closed on
May 13, 1997
Sold by
Delphene Levi and Delphene Miller
Bought by
Lucca Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,250
Interest Rate
7.98%
Mortgage Type
New Conventional
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
Ciarlariello Bruce M $385,000 Clear Lake Title Services In
Ramdeholl Jamwant $150,000 --
Lucca Joseph $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ciarlariello Bruce M $188,800
Previous Owner Ramdeholl Jamwant $120,000
Previous Owner Lucca Joseph $62,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2018 11/06/18 Sold $385,000 -10.3% $130 / Sq Ft
10/07/2018 10/07/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $429,000 -- $144 / 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 $8,413 $347,268 -- --
2023 $7,960 $315,698 $0 $0
2022 $7,216 $286,998 -- --
2021 $6,440 $315,250 $19,200 $296,050
2020 $5,644 $245,441 $15,600 $229,841
2019 $5,171 $215,625 $13,200 $202,425
2018 $2,292 $114,644 $11,379 $103,265
2017 $2,087 $95,496 $8,753 $86,743
2016 $1,857 $62,981 $0 $0
2015 $1,758 $57,255 $0 $0
2014 $1,748 $52,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10463325

BeachesMLS

APN: 56-43-42-29-04-010-0390