NOT LISTED FOR SALE

185 Banyan Ave Pahokee, FL 33476

Estimated Value: $213,000 - $267,000

4 Beds
2 Baths
1,425 Sq Ft
$165/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $160,000 $112 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,516/month

27 Days on Market

Highlights

  • Water Views
  • Vinyl Flooring
  • 4-minute walk to Pahokee Campground & Marina
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of November 2021

Great investment opportunity. Fully rented duplexes with long term tenants.

Last Agent to Sell the Property

Elizabeth Strehse

Casteland Real Estate Corp License #3033981 Listed on: 10/14/2021

Last Buyer's Agent

Elizabeth Strehse

Casteland Real Estate Corp License #3033981 Listed on: 10/14/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,055

Year Built

  • Built in 1977

Lot Details

  • 6,608 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,425 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Vinyl Flooring
  • Water Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Community Details

  • 2 Units
  • Ridgeway Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 48374218140070210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,055

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Southern Blvd/US-98 W/US-441 N/FL-700/FL-80.Turn right onto US Highway 98/FL-700.Turn slight left onto Muck City Rd/FL-717.Turn left onto Pelican Lake Dr/FL-729.Turn right onto E 7th St/US-98 W/US-44
  • Year Built: 1977
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 1425.0
  • Window Features: Blinds

Exterior Features

  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick Veneer, Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 48374218140070210
  • Lot Size Sq Ft: 6608.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2055.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 10, 2021
Sold by
J & D Rentals Inc
Bought by
Prieto Maria A and Prieto Anaisabel
Seller's Agent
Elizabeth Strehse
Casteland Real Estate Corp
Buyer's Agent
Elizabeth Strehse
Casteland Real Estate Corp
List Price
$139,000
Sold Price
$160,000
Premium/Discount to List
$21,000
15.11%
Current Estimated Value
$235,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,483
Avg. Annual Appreciation
10.25%
Original Mortgage
$115,000
Outstanding Balance
$109,095
Interest Rate
6%
Mortgage Type
Seller Take Back
Estimated Equity
$126,388

Purchase Details

Closed on
Sep 15, 1998
Sold by
Big Water Inc
Bought by
J & D Rentals Inc

Purchase Details

Closed on
Mar 7, 1995
Sold by
Tillis W F
Bought by
Big Water Inc
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
Prieto Maria A $160,000 Attorney
J & D Rentals Inc $272,600 --
Big Water Inc $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prieto Maria A $115,000
Closed J & D Rentals Inc $0
Closed J & D Rentals Inc $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2021 11/10/21 Sold $160,000 +15.1% $112 / Sq Ft
10/14/2021 10/14/21 For Sale $139,000 -- $98 / 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 $3,411 $130,356 -- --
2023 $3,047 $118,505 $0 $0
2022 $2,749 $107,732 $0 $0
2021 $2,273 $90,680 $10,200 $80,480
2020 $2,055 $76,202 $10,000 $66,202
2019 $2,279 $84,478 $10,000 $74,478
2018 $2,208 $83,465 $9,636 $73,829
2017 $2,202 $82,208 $8,379 $73,829
2016 $2,365 $87,308 $0 $0
2015 $2,333 $82,442 $0 $0
2014 $2,167 $74,947 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Strehse

    Seller's Agent in 2021

    Elizabeth Strehse

    Casteland Real Estate Corp

    (954) 816-0756

    7 in this area

    63 Total Sales

    Elizabeth Strehse
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Map

Source: BeachesMLS

MLS Number: R10752058

BeachesMLS

APN: 48-37-42-18-14-007-0210

Florida Palm Beach County Pahokee 33476

185 Banyan Ave, Pahokee, FL

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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