NOT LISTED FOR SALE

1625 Barbarie Ln West Palm Beach, FL 33417

Estimated Value: $478,565 - $560,000

2 Beds
2 Baths
1,808 Sq Ft
$280/Sq Ft Est. Value

Last Sold April 10, 2012

Last sale price $119,900 $66 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $3,298/month

109 Days on Market

Highlights

  • Patio
  • Central Heating and Cooling System
  • 2 Car Garage
  • Ceramic Tile Flooring

About This Home

As of April 2012

Duplex on a large corner lot in very good condition, each unit has a 2BD/1BA plus a very large room that can be use as a third bedroom approx 8 by 12, Washer & Dryer hook ups are in this room. Both units have tiles throughout; one of the units has a brand new A/C, newer roof,septic just service, individually fenced in backyard, Separate Electric and Water Meters. This duplex is in very good conditions and ready to move in also Unit #1 has very good tenants paying $880 Per month with a lease.

Last Agent to Sell the Property

Ricardo Gerlach

United Realty Group, Inc License #3210403 Listed on: 11/22/2011

Last Buyer's Agent

Doreen Daly-Polites PLLC

EXP Realty LLC License #3046981

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 1982

Lot Details

  • 10,324

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,808 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $10,560
  • Rent includes electricity, water
  • Assessor Parcel Number 00424326040050080

Community Details

Overview

  • 4 Units
  • Plantation Village Unrec Subdivision

Building Details

  • Operating Expense $4,314
  • Net Operating Income $6,246

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,594

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Okeechobee to breezy, go south, take fork in road to right to Whitehall Ln
  • Year Built: 1982
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1808.0

Exterior Features

  • Exterior Features: Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: Pool
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Water
  • Senior Community: No

Lot Info

  • Parcel #: 00424326040050080
  • Zoning Description: Rm

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 6246.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 4314.0
  • Total Actual Rent: 10560.0

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2594.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2011
Closed on
Apr 10, 2012
Sold by
Vara Philip
Bought by
Hamilton Renee
Seller's Agent
Ricardo Gerlach
United Realty Group, Inc
Buyer's Agent
Doreen Daly-Polites PLLC
EXP Realty LLC
List Price
$119,900
Sold Price
$119,900
Total Days on Market
109
Current Estimated Value
$506,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,491
Avg. Annual Appreciation
11.46%
Original Mortgage
$88,000
Outstanding Balance
$62,141
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$438,538

Purchase Details

Closed on
Feb 25, 2011
Sold by
Cunningham Brandon
Bought by
Vara Philip

Purchase Details

Closed on
Nov 5, 2010
Sold by
Egeli Ibrahim A
Bought by
Cunningham Brandon

Purchase Details

Closed on
May 28, 2005
Sold by
Perry Jerry D
Bought by
Egeli Ibrahim A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 17, 2004
Sold by
Griner Carlene J and Griner Steve L
Bought by
Kwascigroh John Michael

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
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Hamilton Renee $119,900 Title House Llc
Vara Philip $88,000 Olympia Title & Escrow Corp
Cunningham Brandon $75,000 Olympia Title & Escrow Corp
Egeli Ibrahim A $260,000 Imperial Title & Escrow Co
Kwascigroh John Michael $150,000 Clarion Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Renee $88,000
Previous Owner Egeli Ibrahim A $234,000
Previous Owner Kwascigroh John Michael $120,000
Previous Owner Perry Jerry D $64,000
Closed Kwascigroh John Michael $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2012 04/10/12 Sold $119,900 0.0% $66 / Sq Ft
03/11/2012 03/11/12 Pending -- -- --
11/22/2011 11/22/11 For Sale $119,900 -- $66 / 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 $5,597 $223,141 -- --
2023 $5,262 $202,855 $85,140 $290,239
2022 $4,897 $184,414 $0 $0
2021 $4,437 $281,060 $67,080 $213,980
2020 $4,134 $257,084 $80,496 $176,588
2019 $3,802 $223,544 $46,956 $176,588
2018 $3,182 $179,010 $37,368 $141,642
2017 $2,846 $152,675 $39,335 $113,340
2016 $2,623 $104,096 $0 $0
2015 $2,473 $94,633 $0 $0
2014 $2,304 $86,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3241730

BeachesMLS

APN: 00-42-43-26-04-005-0080