$294,000
SOLD OCT 3, 2019

1651 Citation Dr West Palm Beach, FL 33417

-- Bed
-- Bath
1,647 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$179 Per Sq Ft

2% Below List Price

25 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of November 2021

CBS constructed duplex in wonderful location in the unincorporated pocket of Palm Beach county. Very strong rental history with rare vacancy due to prime location. The property consist of 2 units each consisting of 2 bedroom, 1 bathroom. You could not ask for better tenants. Rents currently at $1300.00 per unit per mo. Monthly rents= $2600.00. Annual tax=$2914.00. Annual ins.=$700.00. Property is very clean and needs absolutely nothing other than a new owner. Must see, rare opportunity on this cash flowing asset. Call today. (R)

Last Agent to Sell the Property

Brian Kantor

FIP Realty Services License #3264768 Listed on: 08/08/2019

Last Buyer's Agent

Katherine Freshwater

Keller Williams Coastal Partners License #3425376

Keller Williams Coastal Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,914

Year Built

  • Built in 1979

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,647 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • 2 Units
  • Plantation Village Unrec Subdivision

Listing and Financial Details

  • Rent includes trash collection
  • Assessor Parcel Number 00424326040190070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,914

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1979
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1647.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection

Lot Info

  • Parcel #: 00424326040190070
  • Zoning Description: RM

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2914.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Nov 12, 2021
Sold by
Freshwater Katherine and Freshwater Mark
Bought by
Molina Claudia E and Morejon Juan P
Seller's Agent
Katherine Freshwater
Keller Williams Coastal Partners
Buyer's Agent
Gregory Salgado JR
Goldbay Realty Inc
List Price
$415,000
Sold Price
$350,000
Premium/Discount to List
-$65,000
-15.66%
Total Days on Market
25
Current Estimated Value
$499,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,985
Avg. Annual Appreciation
10.44%
Original Mortgage
$262,500
Outstanding Balance
$242,547
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$257,438

Purchase Details

Listed on
Aug 8, 2019
Closed on
Oct 3, 2019
Sold by
Cunningham Brandon L
Bought by
Freshwater Mark and Freshwater Katherine
Seller's Agent
Brian Kantor
FIP Realty Services
Buyer's Agent
Katherine Freshwater
Keller Williams Coastal Partners
List Price
$299,000
Sold Price
$294,000
Premium/Discount to List
-$5,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$195,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2011
Sold by
Nicolini Suzanne M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 22, 2010
Sold by
Nicolini Suzanne M
Bought by
Cunningham Brandon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2005
Sold by
Nicolini Suzanne M and Grazioso Cynthia
Bought by
Sucasa Associates Inc

Purchase Details

Closed on
Feb 2, 2005
Sold by
Nicolini Suzanne M and Grazioso Cynthis
Bought by
Nicolini Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2004
Sold by
Harripersaud Narine and Harripersaud Roshanie
Bought by
Nicolini Suzanne M and Grazioso Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2002
Sold by
Vandegrift Edward and Vandergrift Julie
Bought by
Harripersaud Narine and Harripersaud Roshanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
5.92%
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 Type Sale Price Title Company
Warranty Deed $350,000 Harbour Land Title Llc
Warranty Deed $294,000 Pinnacle Land And Title Inc
Trustee Deed $29,200 None Available
Warranty Deed $80,000 Universal Land Title Llc
Interfamily Deed Transfer $88,000 None Available
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Warranty Deed $175,000 Universal Land Title Inc
Warranty Deed $127,000 Homepartners Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $262,500 New Conventional
Previous Owner $195,000 New Conventional
Previous Owner $60,000 New Conventional
Previous Owner $176,000 New Conventional
Previous Owner $166,250 Purchase Money Mortgage
Previous Owner $101,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $350,000 -15.7% $213 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $415,000 +41.2% $252 / Sq Ft
10/03/2019 10/03/19 Sold $294,000 -1.7% $179 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $299,000 -- $182 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $6,850 $368,505 -- --
2023 $6,534 $346,400 $74,250 $276,622
2022 $6,116 $314,909 $0 $0
2021 $5,277 $262,207 $58,500 $203,707
2020 $4,873 $236,379 $70,200 $166,179
2019 $3,362 $183,409 $40,950 $142,459
2018 $2,914 $159,347 $32,588 $126,759
2017 $2,605 $135,833 $34,304 $101,529
2016 $2,408 $93,292 $0 $0
2015 $2,273 $84,811 $0 $0
2014 $2,123 $77,101 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10186961

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-43-26-04-019-0070