NOT LISTED FOR SALE

1520 Plantation Dr West Palm Beach, FL 33417

Estimated Value: $384,595 - $505,000

-- Bed
2 Baths
1,539 Sq Ft
$294/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $250,000 $162 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,900/month

29 Days on Market

Highlights

  • Patio
  • Central Heating and Cooling System
  • Fenced
  • Tile Flooring

About This Home

As of September 2020

Excellent investment opportunity. Duplex at end of quiet, dead end street. DOUBLE LOT, second building can be added. Quad across street is also available for sale. Quiet, Currently rented under market value on month to month, so increase rent if desired. 2 meters. One unit has washer dryer inside unit other has washer dryer inside covered patio. Currently rented for $1650 total monthly. Roof 2017. Insurance 1770 annually. Don't miss out! Please do not disturb tenants. PREQUAL/POF NEEDED TO SHOW

Last Agent to Sell the Property

Kelly Schmidt

Illustrated Properties License #619810 Listed on: 07/23/2020

Illustrated Properties

Last Buyer's Agent

Dania Ellis

Coldwell Banker Realty License #3241853

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,982

Year Built

  • Built in 1963

Lot Details

  • 0.46 Acre Lot
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,539 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424326040260080

Community Details

Overview

  • 2 Units
  • Plantation Village Unrec Subdivision

Building Details

  • Operating Expense $2,335
  • Net Operating Income $17,465

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,982

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: OKEECHOBEE TO BREEZY. S TO WHITEHALL-WEST TO PLANTATION-S ON PLANTATION
  • Year Built: 1963
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1539.0

Exterior Features

  • Exterior Features: Fence, Patio
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00424326040260080
  • Lot Size Sq Ft: 20020.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 17465.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 2335.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2982.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 21, 2020
Sold by
Perry Kelly and Kelly Perry Revocable Trust
Bought by
Bethea Jeffrey and Hill Andrea
Seller's Agent
Kelly Schmidt
Illustrated Properties
Buyer's Agent
Dania Ellis
Coldwell Banker Realty
List Price
$299,900
Sold Price
$250,000
Premium/Discount to List
-$49,900
-16.64%
Total Days on Market
29
Current Estimated Value
$452,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,149
Avg. Annual Appreciation
13.41%
Original Mortgage
$245,471
Outstanding Balance
$220,786
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$231,363

Purchase Details

Closed on
Sep 12, 2013
Sold by
Perry Kelly Crosby
Bought by
Perry Kelly and Kelly Perry Revocable Trust

Purchase Details

Closed on
Mar 2, 2011
Sold by
Ripton Patrick A
Bought by
Perry Kelly Crosby
Source: Public Records

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    Carly Prinzo Signature Best Florida Realty

    Section Image

Range of Values:

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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
Bethea Jeffrey $250,000 Secure Land T&E Svcs Inc
Perry Kelly -- Attorney
Perry Kelly Crosby -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bethea Jeffrey $245,471
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $250,000 -16.6% $162 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $299,900 -- $195 / 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 $4,341 $252,681 -- --
2023 $4,126 $236,786 $0 $0
2022 $3,918 $222,130 $0 $0
2021 $3,672 $208,607 $40,755 $167,852
2020 $3,190 $171,192 $48,906 $122,286
2019 $2,984 $152,954 $28,529 $124,425
2018 $2,604 $134,483 $27,616 $106,867
2017 $2,328 $114,841 $29,069 $85,772
2016 $2,169 $81,926 $0 $0
2015 $2,043 $74,478 $0 $0
2014 $1,907 $66,683 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10641070

BeachesMLS

APN: 00-42-43-26-04-026-0080