1601 Magnolia Ln West Palm Beach, FL 33417
--
Bed
--
Bath
1,728
Sq Ft
10,454
Sq Ft Lot
Highlights
- Water Views
- Patio
- Awning
- Corner Lot
- Ceramic Tile Flooring
- Central Air
About This Home
As of September 2017THIS IS A SHORT SALE. LENDER APPROVED AT $115,000. PLEASE DOWNLOAD SELLER'S DISCLOSURE IN LISTING DOCUMENTS PRIOR TO MAKING OFFER. SPACIOUS DUPLEX IN QUIET RESIDENTIAL NEIGHBORHOOD SITUATED ON LARGE LOT WITH NICE CURB APPEAL. CBS CONSTRUCTION, NEW ROOF IN 2004, PRIVATE LAUNDRY FOR EACH UNIT, AND LARGE SCREENED PATIO IN REAR. (2) 2BED 1BATH UNITS FULLY RENTED ON MONTH TO MONTH BASIS.
Last Agent to Sell the Property
The Corcoran Group License #706766 Listed on: 09/01/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,976
Year Built
- Built in 1973
Lot Details
- 10,454 Sq Ft Lot
- Fenced
- Corner Lot
Property Views
- Water
- Garden
Home Design
- Duplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,728 Sq Ft Home
- 1-Story Property
- Awning
- Ceramic Tile Flooring
Outdoor Features
- Patio
Utilities
- Central Air
- Heating Available
- Septic Tank
Community Details
- 2 Units
- Plantation Vlg Unrec On A Subdivision
Listing and Financial Details
- Rent includes electricity, cable TV
- Assessor Parcel Number 00424326040070010
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
Total Days on Market
181
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
11.00%
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
-
Kyle Cruz
K
Seller's Agent in 2017
Kyle Cruz
Stateland Brown Holdings
(561) 797-1543
12 Total Sales
-
Karen Shaub-Gorham
Buyer's Agent in 2017
Karen Shaub-Gorham
RE/MAX
(561) 722-7085
62 Total Sales
-
brian gleason
Seller's Agent in 2014
brian gleason
The Corcoran Group
(561) 315-4020
58 Total Sales
Map
Source: BeachesMLS
MLS Number: R9974128
APN: 00-42-43-26-04-007-0010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 1665 E Breezy Ln
- 1704 Citation Dr
- 1675 E Breezy Ln
- 1750 E Breezy Ln
- 5852 Buccaneer Trail
- 5864 Cartier Rd
- 5920 Cartier Rd
- 1051 Park Hill Dr
- 5211 Pine Grove Dr
- 1531 Drexel Rd Unit 158
- 1175 Wynnedale Rd
- 1842 My Place Ln
- 5130 Elmhurst Rd Unit H
- 5262 Stacy St
- 1087 Westchester Dr E
- 5140 Pine Grove Dr
- 185 Andover H W
- 5133 Pine Grove Dr
- 310 Wellington M
- 408 Southampton A