$160,000
SOLD JUL 3, 2012

227 SW 2nd Ave Boynton Beach, FL 33435

Downtown Boynton Neighborhood
-- Bed
-- Bath
2,958 Sq Ft
0.27 Acres

Recently Sold

$54 Per Sq Ft

20% Below List Price

204 Days on Market

Highlights

  • Water Views
  • Cooling System Mounted To A Wall/Window
  • Shed
  • Corner Lot
  • Patio
  • Ceramic Tile Flooring

About This Home

As of May 2017

Great Large size duplex on a large corner lot measuring 144' X 82'. Three bedrooms/ 2 bathrooms each side with front courtyard entrance, shared porch in the rear with fenced in yard with fruit trees. Close to all downtown Boynton has to offer. Great Investor Opportunity! 8+ CAP Rate. New carpeting installed 2/1/2012 on West side. Pictures depict the 3/2 apartment on the west side of the duplex only (Now fully occupied as of March 1, 2012). You get much more space than seen here - multiply by 2!

Last Agent to Sell the Property

Candice Brueggemann

Keller Williams Realty Services License #3074592 Listed on: 11/11/2011

Keller Williams Realty Services

Co-Listed By

Douglas Brueggemann

Keller Williams Realty Services License #3232687

Last Buyer's Agent

Gregory Mullen

True Floridian Realty License #3137665

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,475

Year Built

  • Built in 1979

Lot Details

  • Fenced
  • Corner Lot
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 2,958 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Water Views

Flooring

  • Carpet
  • Ceramic Tile

Outdoor Features

  • Patio
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $27,600
  • Rent includes electricity, sewer, cable TV, water
  • Assessor Parcel Number 08434528100150170

Community Details

Overview

  • 4 Units
  • Boynton Heights Add Rev Subdivision

Building Details

  • Operating Expense $11,935
  • Net Operating Income $15,665

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,475

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I-95 to Boynton Beach Blvd. East to SW 2nd ST to corner of SW 2 Avenue
  • Year Built: 1979
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2958.0

Exterior Features

  • Exterior Features: Fence, Patio, Shed
  • View: Other, Water
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Composition, Metal, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Sewer, Cable TV, Water
  • Senior Community: No

Lot Info

  • Parcel #: 08434528100150170
  • Zoning Description: R2

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 15665.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 11935.0
  • Total Actual Rent: 27600.0

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 3475.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2019
Sold by
Polonic Llc
Bought by
Pierre Jodens and Pierre Cathy
Current Estimated Value
$942,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,573
Outstanding Balance
$362,325
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$436,702

Purchase Details

Listed on
Apr 12, 2017
Closed on
May 8, 2017
Sold by
Guyton David L and Guyton Tracie
Bought by
Polonio Llc
Seller's Agent
David Wunder
LPT Realty, LLC
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%

Purchase Details

Listed on
Apr 15, 2015
Closed on
Jun 23, 2015
Sold by
Gss Investments Llc
Bought by
Guyton David L and Guyton Tracie
Seller's Agent
Cole Leavitt
CPRE Organization Inc
Buyer's Agent
Cole Leavitt
CPRE Organization Inc
List Price
$259,000
Sold Price
$238,000
Premium/Discount to List
-$21,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.04%
Original Mortgage
$219,942
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 11, 2011
Closed on
Jun 3, 2012
Sold by
Klein Samuel L and Klein Kim A
Bought by
Gss Investments Llc
Seller's Agent
Candice Brueggemann
Keller Williams Realty Services
Buyer's Agent
Gregory Mullen
True Floridian Realty
List Price
$199,000
Sold Price
$160,000
Premium/Discount to List
-$39,000
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.20%

Purchase Details

Closed on
Mar 15, 2001
Sold by
Victor E Santiago I
Bought by
Klein Samuel L and Klein Klm A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2000
Sold by
Pr Victor E Santiago and Pr Jose A Santiago
Bought by
Santiago Victor E
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 Type Sale Price Title Company
Warranty Deed $412,000 Attorney
Warranty Deed $350,000 Sunbelt Title Agency
Warranty Deed $237,000 Corporate Title Inc
Warranty Deed $160,000 American Fidelity Title
Warranty Deed $184,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $402,573 FHA
Previous Owner $219,942 FHA
Previous Owner $147,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Rented $3,150 0.0% --
12/11/2021 12/11/21 Under Contract -- -- --
11/30/2021 11/30/21 For Rent $3,150 0.0% --
05/08/2017 05/08/17 Sold $350,000 -12.3% $118 / Sq Ft
04/12/2017 04/12/17 For Sale $399,000 0.0% $135 / Sq Ft
11/01/2016 11/01/16 Rented $2,000 0.0% --
10/02/2016 10/02/16 Under Contract -- -- --
09/28/2016 09/28/16 For Rent $2,000 0.0% --
06/28/2015 06/28/15 Sold $238,000 -8.1% $80 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $259,000 +61.9% $88 / Sq Ft
07/03/2012 07/03/12 Sold $160,000 -19.6% $54 / Sq Ft
06/03/2012 06/03/12 Pending -- -- --
11/11/2011 11/11/11 For Sale $199,000 -- $67 / 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 $9,225 $455,719 -- --
2023 $8,790 $428,671 $0 $0
2022 $8,136 $403,663 $0 $0
2021 $7,541 $335,025 $114,400 $220,625
2020 $7,698 $339,679 $114,400 $225,279
2019 $7,265 $327,243 $106,400 $220,843
2018 $6,380 $282,220 $77,439 $204,781
2017 $5,288 $239,967 $79,834 $160,133
2016 $4,786 $201,173 $0 $0
2015 $3,987 $155,310 $0 $0
2014 -- $141,191 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    James Alliance

    Blue Star Realty Pros Inc

    (561) 674-1815

    3 Total Sales

    James Alliance
    Section Image
  • David Wunder

    Seller's Agent in 2017

    David Wunder

    LPT Realty, LLC

    (561) 634-1881

    4 in this area

    40 Total Sales

    David Wunder
    Section Image

  • A

    Buyer's Agent in 2016

    Austin Frankoski

    KW Innovations

    (561) 572-1536

    95 Total Sales

    Austin Frankoski
    Section Image
  • Cole Leavitt

    Seller's Agent in 2015

    Cole Leavitt

    CPRE Organization Inc

    (866) 792-6163

    51 Total Sales

    Cole Leavitt
    Section Image
  • Candice Brueggemann

    Seller's Agent in 2012

    Candice Brueggemann

    Keller Williams Realty Services

    (561) 704-3234

    23 in this area

    98 Total Sales

    Candice Brueggemann
    Section Image

  • D

    Seller Co-Listing Agent in 2012

    Douglas Brueggemann

    Keller Williams Realty Services

    (561) 797-8377

    23 in this area

    93 Total Sales

    Douglas Brueggemann
    Section Image
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Map

Source: BeachesMLS

MLS Number: R3239257

BeachesMLS

APN: 08-43-45-28-10-015-0170

Florida Palm Beach County Boynton Beach 33435 Downtown Boynton

227 SW 2nd Ave, Boynton Beach, FL

This home is located at 227 SW 2nd Ave, Boynton Beach, FL 33435 and is currently priced at $160,000, approximately $54 per square foot. This property was built in 1979. 227 SW 2nd Ave is a home located in Palm Beach County with nearby schools including Forest Park Elementary School, Boynton Beach Community High School, and Congress Community Middle 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 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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