$350,000
SOLD NOV 12, 2021

1651 Citation Dr West Palm Beach, FL 33417

-- Bed
-- Bath
1,647 Sq Ft
10,500 Sq Ft Lot

Recently Sold

$213 Per Sq Ft

16% Below List Price

98 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Fenced

About This Home

As of November 2021

CBS constructed duplex in unincorporated Palm Beach county. Excellent location with a strong rental history. Both units are 2 bedroom and 1 bath. Both units are rented with excellent tenants. Unit one rents for 1295 per month and unit two rents for 1300 per month. Both tenants are long term and pay on time each month.

Last Agent to Sell the Property

Katherine Freshwater

Keller Williams Coastal Partners License #3425376 Listed on: 07/06/2021

Keller Williams Coastal Partners

Last Buyer's Agent

Gregory Salgado JR

Goldbay Realty Inc License #3451348

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,873

Year Built

  • Built in 1979

Lot Details

  • 10,500 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,647 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424326040190070

Community Details

Overview

  • 2 Units
  • Plantation Village Unrec Subdivision

Building Details

  • Operating Expense $8,173
  • Net Operating Income $22,966

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,873

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Head west of Military Trail on Okeechobee Blvd. to Meridian Lane turn left and then turn left on Whitehall then another left on Citation Drive.
  • Year Built: 1979
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1647.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent, Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00424326040190070
  • Lot Size Sq Ft: 10500.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 22966.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 8173.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4873.0

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%
Current Estimated Value
$504,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,275
Avg. Annual Appreciation
10.06%
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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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

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

MLS Number: R10728997

BeachesMLS

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