NOT LISTED FOR SALE

Estimated Value: $713,140 - $770,000

8 Beds
4 Baths
2,740 Sq Ft
$270/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $719,000 $262 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,065/month

171 Days on Market

Highlights

  • Canal Access
  • Wood Flooring
  • Central Heating
  • Palm Beach Public School Rated A-
  • Cooling Available
  • Fenced

About This Home

As of August 2023

Duplex in the Heart of West Palm Beach. Each unit currently rented for $2700 each. Total monthly income is $5400. No HOA or Restrictions. Please do NOT disturb Tenants or walk on the property.

Last Listed By

Kristel Grondin

Maya Florida Realty LLC License #3495018 Listed on: 03/09/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,558

Year Built

  • Built in 1972

Lot Details

  • 0.29 Acre Lot
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,740 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Outdoor Features

  • Canal Access

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 74434328110020050

Community Details

Overview

  • 2 Units
  • Bonnyview Add 2 Subdivision

Building Details

  • Operating Expense $13,158
  • Net Operating Income $51,642

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,558

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Belvedere Rd E to Parker Ave Turn N on Parker Ave and turn L on Market St to Dock St
  • Year Built: 1972
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Living Area: 2740.0

Exterior Features

  • Exterior Features: Fence
  • Pool Features: None
  • Waterfront Features: Canal Access
  • Waterfront: No
  • Construction Type: Wood Siding
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 74434328110020050
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 12500.0
  • Zoning Description: SF14(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Common Area Maintenance, Exterior Electric

Multi Family

  • Property Net Operating Income: 51642.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 13158.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9558.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Aug 29, 2023
Sold by
Asfia Md Sawkatul
Bought by
Investor Nation Llc
Seller's Agent
Kristel Grondin
Maya Florida Realty LLC
Buyer's Agent
Jim Kazaros
Oak Avenue WPB LLC
List Price
$719,999
Sold Price
$719,000
Premium/Discount to List
-$999
-0.14%
Total Days on Market
171
Views
1
Current Estimated Value
$740,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,047
Avg. Annual Appreciation
10.72%

Purchase Details

Listed on
May 3, 2019
Closed on
Dec 13, 2019
Sold by
Lepanto Management Corp
Bought by
Asfia Md Swakatul
Seller's Agent
Yazira Molina
Keller Williams Capital Realty
List Price
$355,000
Sold Price
$330,000
Premium/Discount to List
-$25,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.43%
Original Mortgage
$247,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2013
Sold by
Solutions Acquisitions Corp
Bought by
Lepanto Management Corp

Purchase Details

Listed on
Sep 16, 2012
Closed on
Nov 29, 2012
Sold by
Degani David and Dagani David
Bought by
Solutions Acquisitions Corp
Seller's Agent
Laura Pearlman
Sandals Realty Group, Inc.
Buyer's Agent
Ivan Velasquez
The Keyes Company
List Price
$229,900
Sold Price
$180,500
Premium/Discount to List
-$49,400
-21.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%

Purchase Details

Listed on
Sep 16, 2012
Closed on
Nov 8, 2012
Sold by
Hummel Michael and Hummel Michael J
Bought by
Degani David
Seller's Agent
Laura Pearlman
Sandals Realty Group, Inc.
Buyer's Agent
Ivan Velasquez
The Keyes Company
List Price
$229,900
Sold Price
$180,500
Premium/Discount to List
-$49,400
-21.49%

Purchase Details

Closed on
Dec 30, 2010
Sold by
Bohlen Richard
Bought by
Degani David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2010
Sold by
Bohlen Richard
Bought by
Dagani David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2010
Sold by
Hummel Michael and Bohlen Richard
Bought by
Bohlen Richard

Purchase Details

Closed on
Jun 18, 2010
Sold by
Landrette Anthony
Bought by
Bohlen Richard R and Hummel Michael

Purchase Details

Closed on
Mar 31, 2009
Sold by
Bohlen Richard
Bought by
Hummel Michael and Bohlen Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,900
Interest Rate
5%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 23, 2007
Sold by
Strategic Investment Solutions Llc
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital 1 Inc Trust 2

Purchase Details

Closed on
Dec 10, 2006
Sold by
Strategic Investment Solutions Llc
Bought by
Ildefonso Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
6.06%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Jun 9, 2006
Sold by
Ildefonso Arturo
Bought by
Strategic Investment Solutions Llc

Purchase Details

Closed on
Feb 18, 2005
Sold by
Vaccaro Kimberley
Bought by
Ildefonso Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2000
Sold by
Greenwich Capital Financial Prod
Bought by
Vaccaro Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,100
Interest Rate
7.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2000
Sold by
Clerk Of The Circuit Court
Bought by
Greenwich Capital Financial Product

Purchase Details

Closed on
Jan 14, 1998
Sold by
Wellington Acquisitions Inc
Bought by
Rogan Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,850
Interest Rate
7.16%
Mortgage Type
New Conventional

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
Investor Nation Llc $719,000 First American Title Insurance
Asfia Md Swakatul $330,000 Attorney
Lepanto Management Corp -- None Available
Solutions Acquisitions Corp $180,500 First Intl Title Inc
Dagani David -- None Available
Bohlen Richard -- None Available
Bohlen Richard R -- Attorney
Hummel Michael -- Attorney
Bohlen Richard R $89,900 Rels Title
Deutsche Bank National Trust Co -- Attorney
Ildefonso Arturo -- None Available
Strategic Investment Solutions Llc -- None Available
Ildefonso Arturo $335,000 Suncoast First Title
Vaccaro Kimberly $97,500 --
Greenwich Capital Financial Product -- --
Rogan Scott $126,500 --
Wellington Acquisitions Inc $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Asfia Md Swakatul $247,500
Previous Owner Degani David $55,000
Previous Owner Bohlen Richard R $74,900
Previous Owner Ildefonso Arturo S $32,000
Previous Owner Ildefonso Arturo $382,500
Previous Owner Ildefonso Arturo $300,000
Previous Owner Vaccaro Kimberley $75,400
Previous Owner Wellington Acquisitions Inc $43,000
Previous Owner Wellington Acquisitions Inc $73,100
Previous Owner Wellington Acquisitions Inc $113,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $719,000 -0.1% $262 / Sq Ft
04/16/2023 04/16/23 Off Market $719,999 -- --
03/10/2023 03/10/23 For Sale $719,999 +118.2% $263 / Sq Ft
12/16/2019 12/16/19 Sold $330,000 -7.0% $120 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
10/07/2019 10/07/19 Price Changed $355,000 0.0% $130 / Sq Ft
10/07/2019 10/07/19 For Sale $355,000 -1.1% $130 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
06/03/2019 06/03/19 Price Changed $359,000 -1.6% $131 / Sq Ft
05/15/2019 05/15/19 Price Changed $365,000 -1.1% $133 / Sq Ft
05/02/2019 05/02/19 For Sale $369,000 +104.4% $135 / Sq Ft
11/29/2012 11/29/12 Sold $180,500 -21.5% $66 / Sq Ft
10/30/2012 10/30/12 Pending -- -- --
09/16/2012 09/16/12 For Sale $229,900 -- $84 / 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 $11,542 $538,856 -- --
2023 $10,789 $419,442 $256,360 $416,892
2022 $9,558 $381,311 $0 $0
2021 $8,270 $382,064 $130,050 $252,014
2020 $7,409 $315,133 $130,050 $185,083
2019 $6,401 $317,816 $130,050 $187,766
2018 $5,253 $235,538 $77,736 $157,802
2017 $4,730 $199,822 $42,020 $157,802
2016 $4,553 $184,493 $0 $0
2015 $4,482 $167,721 $0 $0
2014 $3,898 $152,474 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10872769

BeachesMLS

APN: 74-43-43-28-11-002-0050