NOT LISTED FOR SALE

Estimated Value: $448,257 - $542,000

-- Bed
2 Baths
1,320 Sq Ft
$374/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $190,000 $144 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $3,238/month

16 Days on Market

Highlights

  • Water Views
  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Impact Glass
  • Tile Flooring

About This Home

As of March 2019

INVESTOR Opportunity! This duplex with curb appeal is located blocks off Atlantic Ave East of I95 within Delray Beach city limits where future area enhancing projects are now being planned. Both units are 2 bedrooms/1 bath and offer impact windows. Tenant currently pays all utilities. Looking for Investment Property or doing a 1031 exchange? We can make it simple - this property can be purchased separately or as a package with 2 other income producing properties in Palm Beach County. Please see RX-10500176,RX-10500179 call for more information.

Last Agent to Sell the Property

Amy Snook

Lang Realty/Delray Beach License #3041690 Listed on: 01/30/2019

Lang Realty/Delray Beach

Co-Listed By

Noreen Payne

Lang Realty/Delray Beach License #3342729

Last Buyer's Agent

Amy Snook

Lang Realty/Delray Beach License #3041690 Listed on: 01/30/2019

Lang Realty/Delray Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,368

Year Built

  • Built in 1959

Lot Details

  • 6,909 Sq Ft Lot
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Water Views
  • Impact Glass

Schools

  • Atlantic Technical High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 12434617180040220

Community Details

Overview

  • 2 Units
  • Atlantic Park Gardens Del Subdivision

Building Details

  • Operating Expense $6,908
  • Net Operating Income $14,692

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,368

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Atlantic Ave. to 12th Ave. South to property
  • Year Built: 1959
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1320.0
  • Window Features: Impact Glass

Exterior Features

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

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • High School: Atlantic Technical

Lot Info

  • Parcel #: 12434617180040220
  • Lot Size Sq Ft: 6909.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 14692.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 6908.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2368.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2020
Sold by
Moshe Sam
Bought by
Lvdr Llc
Total Days on Market
16
Current Estimated Value
$493,419

Purchase Details

Listed on
Jan 30, 2019
Closed on
Mar 15, 2019
Sold by
Eight Holdings Llc
Bought by
Moshe Sam
Seller's Agent
Amy Snook
Lang Realty/Delray Beach
Buyer's Agent
Amy Snook
Lang Realty/Delray Beach
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.58%

Purchase Details

Closed on
Dec 6, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Eight Holdings Llc

Purchase Details

Closed on
Jul 12, 2010
Sold by
Salvary Hyacinth
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Nov 21, 2003
Sold by
Josey Lennard and Josey Mearlene
Bought by
Salvary Hyacinth and Salvary Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 1995
Sold by
Clerk Circuit Court
Bought by
Fleet Mtg Corp and Mtg Assoc Inc
Source: Public Records

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Range of Values:

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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
Lvdr Llc -- Attorney
Moshe Sam $190,000 Attorney
Eight Holdings Llc $64,000 Attorney
Hsbc Bank Usa National Association -- None Available
Salvary Hyacinth $115,000 Delray Title & Abstract Co
Fleet Mtg Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salvary Hyacinth $62,600
Previous Owner Salvary Hyacinth $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $190,000 -4.5% $144 / Sq Ft
02/16/2019 02/16/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $199,000 -- $151 / 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 $5,617 $244,673 -- --
2023 $5,368 $222,430 $175,960 $179,532
2022 $4,430 $202,209 $0 $0
2021 $3,933 $183,826 $62,500 $121,326
2020 $3,660 $168,890 $58,000 $110,890
2019 $2,690 $162,215 $53,000 $109,215
2018 $2,368 $143,812 $54,232 $89,580
2017 $2,114 $115,651 $36,155 $79,496
2016 $1,974 $72,698 $0 $0
2015 $1,717 $66,089 $0 $0
2014 $1,593 $60,081 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10500172

BeachesMLS

APN: 12-43-46-17-18-004-0220