NOT LISTED FOR SALE

17 Fayette Dr Boynton Beach, FL 33435

Estimated Value: $805,597 - $1,622,000

4 Beds
4 Baths
2,746 Sq Ft
$455/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $360,000 $131 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $7,578/month

61 Days on Market

Highlights

  • Property has ocean access
  • Deck
  • Ceramic Tile Flooring
  • Waterfront
  • Patio
  • Central Heating and Cooling System

About This Home

As of August 2013

Shortsale. Approved by lender at list price. Wonderful opportunity. CBS duplex with private access to the beach. Great location. TENANT OCCUPIED. DO NOT DISTURB. CONTACT LISTING AGENT. Appliances in both units do not convey and can be purchased separately. See Supplement.

Last Agent to Sell the Property

Tracey Graham

Premier Brokers International License #3096953 Listed on: 05/30/2013

Premier Brokers International

Last Buyer's Agent

Chris Russell

Regency Realty Services License #3262333

Regency Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,483

Year Built

  • Built in 1971

Lot Details

  • Waterfront
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Concrete Roof

Interior Spaces

  • 2,746 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Property has ocean access
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Tropical Park Add 01 Subdivision

Listing and Financial Details

  • Rent includes electricity, water
  • Assessor Parcel Number 46434534030000061

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,483

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Woolbright east to A1 South to Fayette on left
  • Year Built: 1971
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: 12
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2746.0

Exterior Features

  • Exterior Features: Deck, Fence, Patio
  • Pool Features: None
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Deck, Patio
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 46434534030000061
  • Zoning Description: Rmm

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5483.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2013
Closed on
Sep 18, 2013
Sold by
Spinelli Joseph
Bought by
Private Walk To The Beach Llc
Seller's Agent
Tracey Graham
Premier Brokers International
Buyer's Agent
Chris Russell
Regency Realty Services
List Price
$215,000
Sold Price
$360,000
Premium/Discount to List
$145,000
67.44%
Current Estimated Value
$1,248,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$888,399
Avg. Annual Appreciation
10.19%

Purchase Details

Listed on
May 30, 2013
Closed on
Aug 30, 2013
Sold by
Corrente Sal
Bought by
Spinelli Joseph
Seller's Agent
Tracey Graham
Premier Brokers International
Buyer's Agent
Chris Russell
Regency Realty Services
List Price
$215,000
Sold Price
$360,000
Premium/Discount to List
$145,000
67.44%

Purchase Details

Closed on
Dec 23, 2004
Sold by
Harrison Michael and Harrison Vicki L
Bought by
Corrente Sal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2001
Sold by
Ruth C Tornatore I
Bought by
Harrison Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
7.02%

Purchase Details

Closed on
Oct 20, 1994
Sold by
Damico V James and Damico Susan M
Bought by
Harrison Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
8.48%

Purchase Details

Closed on
Oct 8, 1994
Sold by
Tornatore Michael B and Tornatore Ruth C
Bought by
Damico V James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
8.48%
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
Private Walk To The Beach Llc -- Attorney
Spinelli Joseph $360,000 Florida Intl Title & Escrow
Corrente Sal $450,000 Sun Title & Abstract Co
Harrison Michael $150,000 --
Harrison Vicki L $80,000 --
Damico V James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corrente Sal $460,000
Previous Owner Corrente Sal $115,000
Previous Owner Corrente Sal $360,000
Previous Owner Harrison Michael $175,000
Previous Owner Harrison Michael $49,000
Previous Owner Harrison Vicki L $76,000
Closed Corrente Sal $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $360,000 +67.4% $131 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $215,000 0.0% $78 / Sq Ft
03/04/2013 03/04/13 For Rent $1,400 0.0% --
03/04/2013 03/04/13 Rented $1,400 -- --
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 $9,938 $408,524 -- --
2023 $9,537 $371,385 $0 $0
2022 $8,444 $337,623 $0 $0
2021 $6,834 $420,422 $282,541 $137,881
2020 $6,057 $356,150 $227,700 $128,450
2019 $5,654 $326,450 $198,000 $128,450
2018 $5,036 $311,686 $201,325 $110,361
2017 $4,549 $269,643 $167,771 $101,872
2016 $4,327 $190,579 $0 $0
2015 $3,920 $173,254 $0 $0
2014 -- $328,477 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3371085

BeachesMLS

APN: 46-43-45-34-03-000-0061