NOT LISTED FOR SALE

Estimated Value: $305,000 - $890,000

12 Beds
4 Baths
3,420 Sq Ft
$180/Sq Ft Est. Value

Last Sold November 20, 2013

Last sale price $149,000 $44 Per Sq Ft

Est. 312% increase in value since last sale

Current estimated payment $4,158/month

22 Days on Market

Highlights

  • Newly Remodeled
  • Central Heating and Cooling System
  • 4-minute walk to Cunningham Park
  • Ceramic Tile Flooring

About This Home

As of November 2013

Completely renovated in 2010! Rare Opportunity to grab this 4plex investment property. Impact windows and doors, newer appliances. Each unit is a 3 bed 1 bath. Rents are $575.00 per unit (50% occupied). Washer/dryer hookups in unit! Ample off street parking. Close to I95, shopping. Serious buyers only.

Last Agent to Sell the Property

Aaron Cohen

Lang Realty - Boynton Beach License #3010976 Listed on: 09/28/2013

Lang Realty - Boynton Beach

Co-Listed By

McKay Best

Lang Realty - Boynton Beach License #456689

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,295

Year Built

  • Built in 1986 | Newly Remodeled

Lot Details

  • 8,233

Home Design

  • Fiberglass Roof

Interior Spaces

  • 3,420 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $27,600
  • Rent includes electricity, sewer, cable TV, water
  • Assessor Parcel Number 56434229250000050

Community Details

Overview

  • 4 Units
  • Sloans Sub Subdivision

Building Details

  • Operating Expense $12,822
  • Net Operating Income $14,778

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,295

Year Built

Built in 1986 | Newly Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Blue Heron Blvd east or 95 to S. Go north to 26th Ct and turn left to property on right.
  • Year Built: 1986
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: New Construction
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3420.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: New Construction
  • Roof: Fiberglass

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Sewer, Cable TV, Water
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 56434229250000050
  • Zoning Description: res
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 14778.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 12822.0
  • Total Actual Rent: 27600.0

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2295.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Joseph Hermain N
Bought by
Action Capital Group Llc
Current Estimated Value
$614,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.14%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 28, 2013
Closed on
Nov 27, 2013
Sold by
1618 W 26Th Ct Llc
Bought by
Joseph Hermain N
Seller's Agent
Aaron Cohen
Lang Realty - Boynton Beach
List Price
$159,900
Sold Price
$149,000
Premium/Discount to List
-$10,900
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.11%
Original Mortgage
$109,900
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2012
Sold by
Accurso Joseph R
Bought by
1618 W 26Th Ct Llc

Purchase Details

Closed on
Jun 29, 2010
Sold by
U S Bank National Association
Bought by
Accurso Joseph R and Accurso Marcella Z

Purchase Details

Closed on
Nov 23, 2009
Sold by
Payne Bennett Pamela A
Bought by
Us Bank National Association

Purchase Details

Closed on
Oct 6, 2005
Sold by
Bennett Tommy L and Payne Pamela
Bought by
Payne Pamela A

Purchase Details

Closed on
Mar 9, 2005
Sold by
Beckles Rodolfo
Bought by
Bennett Tommy L and Payne Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2003
Sold by
Maisano Shanan
Bought by
Beckles Rodolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,800
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2001
Sold by
Podray Andrew V
Bought by
Maisano Shanan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
6.72%

Purchase Details

Closed on
Oct 20, 1999
Sold by
Garrison Edward A
Bought by
Podray Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.91%
Source: Public Records

Range of Values:

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Average Value
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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
Action Capital Group Llc $500,000 First American Title Ins Co
Joseph Hermain N $146,578 Attorney
1618 W 26Th Ct Llc -- Attorney
Accurso Joseph R $94,000 Resource Title Company Inc
Us Bank National Association -- None Available
Payne Pamela A -- Titleco Inc
Bennett Tommy L $305,000 Titleco Inc
Beckles Rodolfo $281,000 City Title Llc
Maisano Shanan $144,000 --
Podray Andrew $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Action Capital Group Llc $350,000
Previous Owner Joseph Hermain N $109,900
Previous Owner Bennett Tommy L $244,000
Previous Owner Beckles Rodolfo $224,800
Previous Owner Maisano Shanan $115,200
Previous Owner Podray Andrew $32,000
Closed Maisano Shanan $14,400
Closed Beckles Rodolfo $28,100
Closed Bennett Tommy L $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2013 11/20/13 Sold $149,000 -6.8% $44 / Sq Ft
10/21/2013 10/21/13 Pending -- -- --
09/28/2013 09/28/13 For Sale $159,900 -- $47 / 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 $10,840 $497,165 -- --
2023 $10,038 $451,968 $0 $0
2022 $9,091 $410,880 $0 $0
2021 $5,457 $316,859 $25,600 $291,259
2020 $4,761 $248,705 $20,800 $227,905
2019 $4,345 $215,778 $17,600 $198,178
2018 $3,874 $195,840 $17,069 $178,771
2017 $3,520 $165,539 $13,130 $152,409
2016 $3,107 $120,579 $0 $0
2015 $2,908 $109,617 $0 $0
2014 $3,143 $115,797 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R9981122

BeachesMLS

APN: 56-43-42-29-25-000-0050