NOT LISTED FOR SALE

1619 W 27th St Unit A Riviera Beach, FL 33404

Pleasant Heights Neighborhood

Estimated Value: $199,851 - $807,000

2 Beds
1 Bath
777 Sq Ft
$550/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $485,000 $624 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,364/month

63 Days on Market

Highlights

  • Water Views
  • Central Heating and Cooling System
  • 3-minute walk to Cunningham Park
  • Tile Flooring
  • Fenced

About This Home

As of April 2024

VALUE OPPORTUNITY THAT RARELY COMES UP, WITH UNITS THAT ARE IN GOOD SHAPE. ALL THE UNITS ARE 2 BEDROOMS 1 BATH. LARGE MODERN KITCHEN AND HAS A ROW OF CABINETS TOP AND BOTTOM. THERE ARE WASHER AND DRYER HOOK-UP IN ALL THE UNITS. ALL 4 UNITS ARE DEEDED SEPARATELY. HOWEVER, WE ARE SELLING BOTH 4 UNITS AS A GROUP. THE SELLER HAS HAD MOST OF THESE TENANTS FOR A LONG TIME AND THOUGHT OF THEM AS AN EXTENDED FAMILY. HE NEVER PAST ALONG THE PRICE INCREASES THAT HAS HAPPEN IN SOUTH FLORIDA. THE RENTAL ESTIMATES ARE $1,755. TO $1999 PER MONTH. SO WE SHOWED $1750 AS A PROFORMA ESTIMATE. DO NOT WALK THE PROPERTY WITHOUT US BECAUSE SOME OF THE TENANTS WILL CALL THE POLICE.

Last Agent to Sell the Property

Thomas Skeba

RE/MAX Services License #SL-0633407 Listed on: 02/04/2024

RE/MAX Services

Co-Listed By

Rebecca Skeba-Mancini

RE/MAX Services License #3284019

Last Buyer's Agent

Thomas Skeba

RE/MAX Services License #SL-0633407 Listed on: 02/04/2024

RE/MAX Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,244

Year Built

  • Built in 1984

Lot Details

  • 77 Sq Ft Lot
  • Fenced

Property Views

  • Water
  • Garden

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 777 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 56434229600000031

Community Details

Overview

  • 4 Units
  • Timber Pines West Subdivision

Building Details

  • Operating Expense $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,244

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: BLUE HERON EAST OF 1-95 NORTH ON AVE S LEFT ON 27TH STREET
  • Year Built: 1984
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile
  • Living Area: 777.0

Exterior Features

  • Exterior Features: Fence
  • View: Garden, Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block, Other
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 56434229600000031
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 77.0
  • Zoning Description: RM-15(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 1.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 1.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1244.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2024
Closed on
Apr 15, 2024
Sold by
Robert D Wells D and Robert Barbara S
Bought by
Ruforza Investments Llc
Seller's Agent
Thomas Skeba
RE/MAX Services
Buyer's Agent
Thomas Skeba
RE/MAX Services
List Price
$750,000
Sold Price
$485,000
Premium/Discount to List
-$265,000
-35.33%
Views
44
Current Estimated Value
$427,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,537
Avg. Annual Appreciation
-3.99%

Purchase Details

Closed on
Dec 12, 2022
Sold by
Wells Robert D and Wells Barbara S
Bought by
Robert D Wells And Barbara S Wells Revocable

Purchase Details

Closed on
Apr 21, 2009
Sold by
Donnelly James E and Donnelly Patricia A
Bought by
Wells Robert D and Wells Barbara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2002
Sold by
Podray Andrew V
Bought by
Donnelly James E and Donnelly Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
6.49%
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
Ruforza Investments Llc $970,000 None Listed On Document
Robert D Wells And Barbara S Wells Revocable -- --
Robert D Wells And Barbara S Wells Revocable -- --
Robert D Wells And Barbara S Wells Revocable -- --
Robert D Wells And Barbara S Wells Revocable -- --
Wells Robert D $83,000 First Federated Title Llc
Donnelly James E $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wells Robert D $82,000
Previous Owner Donnelly James E $125,600
Closed Donnelly James E $15,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $485,000 -35.3% $624 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
02/04/2024 02/04/24 For Sale $750,000 -- $965 / 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 $1,271 $30,653 -- --
2023 $1,244 $27,866 $0 $115,000
2022 $831 $25,333 $0 $0
2021 $714 $40,000 $0 $40,000
2020 $688 $40,000 $0 $40,000
2019 $670 $40,000 $0 $40,000
2018 $569 $32,000 $0 $32,000
2017 $539 $30,000 $0 $0
2016 $493 $14,300 $0 $0
2015 $396 $13,000 $0 $0
2014 $408 $13,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Skeba

    Seller's Agent in 2024

    Thomas Skeba

    RE/MAX

    (561) 212-6469

    2 in this area

    35 Total Sales

    Thomas Skeba
    Section Image
  • Rebecca Skeba-Mancini

    Seller Co-Listing Agent in 2024

    Rebecca Skeba-Mancini

    RE/MAX

    (954) 871-7545

    2 in this area

    43 Total Sales

    Rebecca Skeba-Mancini
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10956610

BeachesMLS

APN: 56-43-42-29-60-000-0031

Florida Palm Beach County Riviera Beach 33404 Pleasant Heights

1619 W 27th St Unit A, Riviera Beach, FL

This home is located at 1619 W 27th St Unit A, Riviera Beach, FL 33404 since 04 February 2024 and is currently estimated at $427,463, approximately $550 per square foot. This property was built in 1984. 1619 W 27th St Unit A is a home located in Palm Beach County with nearby schools including Washington Elementary School, John F. Kennedy Middle School, and Palm Beach Gardens Community High School.

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.

BeachesMLS 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.

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