1601 Magnolia Ln West Palm Beach, FL 33417
--
Bed
--
Bath
1,727
Sq Ft
10,454
Sq Ft Lot
About This Home
As of September 2017AS is contract. Perfect turn key property.
Last Agent to Sell the Property
Stateland Brown Holdings License #3259940 Listed on: 08/24/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,825
Year Built
- Built in 1973
Home Design
- Duplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,727 Sq Ft Home
- 1-Story Property
- Ceramic Tile Flooring
Utilities
- Central Heating and Cooling System
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 00424326040070010
Community Details
Overview
- 2 Units
- Plantation Vlg Unrec On A Subdivision
Building Details
- Operating Expense $4,700
- Net Operating Income $22,396
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 20, 2020
Sold by
Rns Residential Services Llc
Bought by
Bianic Investments Llc
Current Estimated Value
Purchase Details
Listed on
Aug 24, 2017
Closed on
Sep 27, 2017
Sold by
Creative Financing Llc
Bought by
Rns Residential Llc
Seller's Agent
Kyle Cruz
Stateland Brown Holdings
Buyer's Agent
Karen Shaub-Gorham
RE/MAX Direct
List Price
$234,900
Sold Price
$225,000
Premium/Discount to List
-$9,900
-4.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.79%
Interest Rate
3.83%
Purchase Details
Listed on
Sep 1, 2013
Closed on
Mar 28, 2014
Sold by
Velasquez Juan and Viscome Jason
Bought by
Creative Financing Llc
Seller's Agent
brian gleason
The Corcoran Group
Buyer's Agent
brian gleason
The Corcoran Group
List Price
$98,000
Sold Price
$115,000
Premium/Discount to List
$17,000
17.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.34%
Original Mortgage
$105,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 6, 2004
Sold by
Ripton Patrick and Ripton Marie
Bought by
Velasquez Juan and Viscome Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
6.24%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 24, 1995
Sold by
Ripton Patrick and Ripton Marie
Bought by
Ripston Patrick and Ripton Marie
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $295,000 | Distinctive Title Svcs Inc | |
| Deed | $225,000 | -- | |
| Warranty Deed | $115,000 | Trident Title Llc | |
| Warranty Deed | $192,000 | Flagler Title Company | |
| Quit Claim Deed | $23,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | -- | No Value Available | |
| Previous Owner | $105,000 | New Conventional | |
| Previous Owner | $203,000 | Balloon | |
| Previous Owner | $38,400 | Stand Alone Second | |
| Previous Owner | $153,600 | Unknown | |
| Previous Owner | $80,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2017 09/19/17 | Sold | $225,000 | -4.2% | $130 / Sq Ft |
| 08/24/2017 08/24/17 | For Sale | $234,900 | +104.3% | $136 / Sq Ft |
| 04/01/2014 04/01/14 | Sold | $115,000 | +17.3% | $67 / Sq Ft |
| 03/02/2014 03/02/14 | Pending | -- | -- | -- |
| 09/01/2013 09/01/13 | For Sale | $98,000 | -- | $57 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $7,208 | $381,082 | -- | -- |
| 2023 | $6,711 | $346,438 | $85,140 | $293,016 |
| 2022 | $6,284 | $314,944 | $0 | $0 |
| 2021 | $5,718 | $286,313 | $67,080 | $219,233 |
| 2020 | $4,647 | $237,920 | $80,496 | $157,424 |
| 2019 | $4,274 | $206,799 | $46,956 | $159,843 |
| 2018 | $3,708 | $176,760 | $37,368 | $139,392 |
| 2017 | $3,052 | $150,849 | $39,335 | $111,514 |
| 2016 | $2,824 | $122,582 | $0 | $0 |
| 2015 | $2,647 | $111,438 | $0 | $0 |
| 2014 | $2,296 | $86,121 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2017
Kyle Cruz
Stateland Brown Holdings
(561) 797-1543
10 Total Sales
-
Buyer's Agent in 2017
Karen Shaub-Gorham
RE/MAX
(561) 722-7085
61 Total Sales
-
Seller's Agent in 2014
brian gleason
The Corcoran Group
(561) 315-4020
57 Total Sales
Map
Source: BeachesMLS
MLS Number: R10361609
APN: 00-42-43-26-04-007-0010
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