$475,000
SOLD AUG 29, 2023

1916 Mercer Ave West Palm Beach, FL 33401

Pineapple Park Neighborhood
-- Bed
-- Bath
1,948 Sq Ft
5,750 Sq Ft Lot

Recently Sold

$244 Per Sq Ft

6% Above List Price

159 Days on Market

About This Home

As of August 2023

Perfect investment property. Duplex - 2 units, 2 bedrooms 1 bathroom each one. Updated, clean, steady income. New appliances. Washer /Dryer in unit. New AC. Water heater 2016. Property is fully occupied. Long term tenants. Annual lease terms. Pet friendly. All ages. Duplex is located close to Downtown West Palm Beach and easy access to I-95 and under 10 minutes to Airport.

Last Agent to Sell the Property

Gulay Yasar

American Realty Network LLC License #3447115 Listed on: 03/22/2023

Co-Listed By

Eric Nur

American Realty Network LLC License #3521409

Last Buyer's Agent

Jim Kazaros

Oak Avenue WPB LLC License #3582722

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,856

Year Built

  • Built in 1979

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,948 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Mercer Park Rep Subdivision

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 74434328130030160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,856

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: On Mercer Avenue In between Australian and Belvedere.
  • Year Built: 1979
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1948.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Not Available

Condo/Co-op/Association

  • HOA Rent Includes: Gardener
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 74434328130030160
  • Zoning Description: MF14

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5856.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Aug 29, 2023
Sold by
Dodo Llc
Bought by
Oak Avenue Sun Belt Fund I Llc
Seller's Agent
Gulay Yasar
American Realty Network LLC
Buyer's Agent
Jim Kazaros
Oak Avenue WPB LLC
List Price
$450,000
Sold Price
$475,000
Premium/Discount to List
$25,000
5.56%
Views
11
Current Estimated Value
$677,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,373
Avg. Annual Appreciation
18.61%

Purchase Details

Closed on
Feb 20, 2019
Sold by
Mss Global Investments Llc
Bought by
Dodo Llc

Purchase Details

Closed on
May 19, 2017
Sold by
Bm Atlantic Llc
Bought by
Mss Global Investments Llc

Purchase Details

Listed on
Aug 21, 2015
Closed on
Aug 24, 2016
Sold by
Us Bank Na
Bought by
Bm Atlantic Llc
Seller's Agent
Stephen Sibiga
Realhome Service & Solutions I
Buyer's Agent
Fahrettin Ergel
Troy Estates LLC
List Price
$163,240
Sold Price
$157,049
Premium/Discount to List
-$6,191
-3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.47%

Purchase Details

Listed on
Aug 21, 2015
Closed on
Aug 12, 2016
Sold by
Us Bank Na
Bought by
Bm Atlantic Llc
Seller's Agent
Stephen Sibiga
Realhome Service & Solutions I
Buyer's Agent
Fahrettin Ergel
Troy Estates LLC
List Price
$163,240
Sold Price
$157,049
Premium/Discount to List
-$6,191
-3.79%

Purchase Details

Listed on
Aug 21, 2015
Closed on
Aug 1, 2016
Bought by
Mss Global Investments Llc
Seller's Agent
Stephen Sibiga
Realhome Service & Solutions I
Buyer's Agent
Fahrettin Ergel
Troy Estates LLC
List Price
$163,240
Sold Price
$157,049
Premium/Discount to List
-$6,191
-3.79%

Purchase Details

Closed on
May 13, 2015
Sold by
Thelusme Wilbert
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 31, 1998
Sold by
Hunyady John
Bought by
Thelusme Wilbert and Thelusme Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,900
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 1994
Sold by
Heggli Robert W
Bought by
Hunyady John

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
8.51%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $475,000 Olympia Title & Escrow
Warranty Deed $475,000 Olympia Title & Escrow
Quit Claim Deed $400,000 Title Now Llc
Quit Claim Deed $200,000 None Available
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Deed $147,000 --
Trustee Deed $111,900 None Available
Warranty Deed $75,000 --
Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,132 New Conventional
Previous Owner $123,250 New Conventional
Previous Owner $75,900 FHA
Previous Owner $49,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $475,000 +5.6% $244 / Sq Ft
03/22/2023 03/22/23 For Sale $450,000 0.0% $231 / Sq Ft
08/11/2019 08/11/19 Rented $1,400 -6.7% --
07/12/2019 07/12/19 Under Contract -- -- --
05/01/2019 05/01/19 For Rent $1,500 0.0% --
08/30/2016 08/30/16 Sold $157,049 -3.8% $81 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
08/21/2015 08/21/15 For Sale $163,240 -- $84 / 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 $9,167 $427,925 -- --
2023 $6,843 $256,458 $160,740 $274,386
2022 $5,856 $233,144 $0 $0
2021 $5,127 $230,180 $68,000 $162,180
2020 $4,623 $192,681 $68,000 $124,681
2019 $4,669 $192,681 $68,000 $124,681
2018 $3,613 $153,282 $42,621 $110,661
2017 $3,180 $133,700 $23,039 $110,661
2016 $3,156 $129,860 $0 $0
2015 $3,187 $123,466 $0 $0
2014 $2,941 $112,242 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gulay Yasar

    Seller's Agent in 2023

    Gulay Yasar

    American Realty Network LLC

    (954) 706-6995

    1 in this area

    22 Total Sales

    Gulay Yasar
    Section Image
  • Eric Nur

    Seller Co-Listing Agent in 2023

    Eric Nur

    American Realty Network LLC

    (561) 702-3795

    1 in this area

    18 Total Sales

    Eric Nur
    Section Image

  • J

    Buyer's Agent in 2023

    Jim Kazaros

    Oak Avenue WPB LLC

    (407) 808-2233

    3 in this area

    27 Total Sales

    Jim Kazaros
    Section Image
  • Glenn Gurvitch

    Seller's Agent in 2019

    Glenn Gurvitch

    Floridas Property Management

    (561) 418-7119

    41 Total Sales

    Glenn Gurvitch
    Section Image

  • S

    Seller's Agent in 2016

    Stephen Sibiga

    Realhome Service & Solutions I

  • F

    Buyer's Agent in 2016

    Fahrettin Ergel

    Troy Estates LLC

    (561) 827-3141

    24 Total Sales

    Fahrettin Ergel
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10372953

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-28-13-003-0160

Florida Palm Beach County West Palm Beach 33401 Pineapple Park

1916 Mercer Ave, West Palm Beach, FL

This home is located at 1916 Mercer Ave, West Palm Beach, FL 33401 and is currently priced at $475,000, approximately $243 per square foot. This property was built in 1979. 1916 Mercer Ave is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Conniston Middle School, and Forest Hill Community High School.

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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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