NOT LISTED FOR SALE

1521 Plantation Dr West Palm Beach, FL 33417

Estimated Value: $573,000 - $908,000

12 Beds
4 Baths
3,920 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $485,000 $124 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,109/month

21 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Fenced

About This Home

As of August 2020

RARE FIND! QUAD EACH WITH 3 BEDROOMS, 1 BATH AND LAUNDRY INSIDE. PLENTY OF PARKING. QUIET DEAD END STREET. RENTERS ON MONTH TO MONTH, UNDER VALUE IF YOU WOULD LIKE TO INCREASE RENT. RENTAL PROPERTY ACROSS STREET ALSO AVAILABLE FOR PURCHASE 1520 PLANTATION. (AND OTHERS) DO NOT DISTURB TENANTS. TENANTS ON MONTH TO MONTH LEASES IF RENTAL INCREASE IN DESIRED. PREQUAL/POF NEEDED TO SHOW. LIMITED SHOWING TIMES!

Last Agent to Sell the Property

Kelly Schmidt

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

Illustrated Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,532

Year Built

  • Built in 1980

Lot Details

  • 0.46 Acre Lot
  • Fenced

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,920 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424326040250070

Community Details

Overview

  • 4 Units
  • Plantation Village Unrec Subdivision

Building Details

  • Operating Expense $5,778
  • Net Operating Income $47,622

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,532

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: OKEECHOBEE TO BREEZY. S TO WHITEHALL-WEST TO PLANTATION-S ON PLANTATION.
  • Year Built: 1980
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 3920.0

Exterior Features

  • Exterior Features: Fence
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • 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 #: 00424326040250070
  • Lot Size: 143.0 ft x 0.0 ft
  • Lot Size Sq Ft: 20021.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 47622.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 5778.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6532.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
Nestor Martin Real Estate Holdings Llc
Bought by
Nestor Martin Real Estate Holdings Llc
Current Estimated Value
$763,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$466,423
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$268,177

Purchase Details

Listed on
Jul 23, 2020
Closed on
Aug 14, 2020
Sold by
Perry Kelly and Kelly Perry Revocable Trust
Bought by
Nestor Martin Real Estate Holding and Isabel Martin Real Estate Holding
Seller's Agent
Kelly Schmidt
Illustrated Properties
List Price
$549,000
Sold Price
$485,000
Premium/Discount to List
-$64,000
-11.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%

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

Purchase Details

Closed on
Feb 4, 2000
Sold by
Puckett Jean H
Bought by
Perry Jerry D

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
8.02%
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
Nestor Martin Real Estate Holdings Llc -- Independence Title Insurance A
Nestor Martin Real Estate Holding $485,000 Secure Land T&E Svcs Inc
Perry Kelly -- Attorney
Perry Kelly Crosby -- Attorney
Perry Jerry D $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nestor Martin Real Estate Holdings Llc $500,000
Previous Owner Perry Jerry D $133,000
Previous Owner Perry Jerry D $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $485,000 -11.7% $124 / Sq Ft
07/23/2020 07/23/20 For Sale $549,000 -- $140 / 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 $11,474 $603,170 -- --
2023 $12,123 $641,780 $51,480 $590,300
2022 $10,671 $528,138 $0 $0
2021 $9,781 $480,125 $40,755 $439,370
2020 $6,821 $367,976 $48,906 $319,070
2019 $6,536 $352,579 $28,529 $324,050
2018 $5,675 $308,252 $27,616 $280,636
2017 $5,008 $253,633 $29,069 $224,564
2016 $4,769 $183,944 $0 $0
2015 $4,481 $167,222 $0 $0
2014 $4,160 $152,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10641083

BeachesMLS

APN: 00-42-43-26-04-025-0070