NOT LISTED FOR SALE

Estimated Value: $1,163,000 - $1,750,000

4 Beds
4 Baths
2,604 Sq Ft
$531/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $1,000,000 $384 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $8,821/month

2 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Jalousie or louvered window
  • Deck
  • Corner Lot
  • Cooling System Mounted To A Wall/Window

About This Home

As of November 2021

COMING SOON! Exceptionally well-maintained 1956 CBS 4-unit complex in the charming Estates of South Palm Beach neighborhood! East of Olive Avenue and 2 blocks to the intracoastal, this prime location is highly rentable! Each unit has a full kitchen, spacious living room and bedroom, private fenced-in patio and designated onsite parking space. 3 Units offer tile flooring throughout w/walk-in closet. Unit 1 offers wood, tiling and carpet flooring w/office space and walk-in pantry. Separate electrical meters. Newer water heaters and AC Wall Units for all 4. Laundry facilities available on premises w/2017 Commercial washer/dryer. 3 units rented, owners reside in 4th unit. In the heart of PBC, minutes to the beaches, shopping, dining, downtown, Tri-Rail and the airport! MORE PICTURES TO COME!

Last Agent to Sell the Property

MICHELLE KIRSCHNER

Douglas Elliman License #3429703 Listed on: 10/28/2021

Douglas Elliman

Last Buyer's Agent

Daniel Ekerold

Douglas Elliman License #3456819

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,437

Year Built

  • Built in 1956

Lot Details

  • 8,334 Sq Ft Lot
  • Fenced
  • Corner Lot

Interior Spaces

  • 2,604 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Jalousie or louvered window
  • Awning
  • Water Views

Flooring

  • Wood
  • Carpet
  • Tile

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • 4 Units
  • Estates Of South Palm Bea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434403010005070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,437

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: I-95 to Southern Blvd. East to S. Olive Ave. Take right , heading south. Second street on left. Property on NE Corner.
  • Year Built: 1956
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Living Area: 2604.0
  • Window Features: Jalousie

Exterior Features

  • Exterior Features: Deck, Fence, Patio, Awning(s)
  • View: Other, Water
  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 74434403010005070
  • Lot Size Sq Ft: 8334.0
  • Zoning Description: MF20(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7437.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Nov 30, 2021
Sold by
Hayes Bobby Jerrel and Hayes Janet U
Bought by
Walker Damian
Seller's Agent
MICHELLE KIRSCHNER
Douglas Elliman
Buyer's Agent
Daniel Ekerold
Douglas Elliman
List Price
$1,000,000
Sold Price
$1,000,000
Current Estimated Value
$1,383,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,509
Avg. Annual Appreciation
8.77%

Purchase Details

Closed on
Jul 6, 2017
Sold by
Hayes Janet U and Hayes Bobby J
Bought by
Hayes Bobby Jerrel and Hayes Janet U

Purchase Details

Closed on
Oct 25, 2013
Sold by
Hayes Janet U
Bought by
Hayes Janet U and Hayes Bobby J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,408
Interest Rate
4.52%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Walker Damian $1,000,000 First International Ttl Inc
Hayes Bobby Jerrel -- Attorney
Hayes Janet U $52,156 Lsi Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayes Janet U $108,408
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $1,000,000 0.0% $384 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $1,000,000 -- $384 / 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 $17,834 $813,616 -- --
2023 $17,228 $739,651 $667,553 $254,485
2022 $14,974 $672,410 $0 $0
2021 $8,226 $392,826 $0 $0
2020 $7,437 $332,187 $0 $0
2019 $7,030 $311,815 $0 $0
2018 $6,150 $287,747 $0 $0
2017 $5,690 $273,570 $0 $0
2016 $5,340 $240,447 $0 $0
2015 $5,177 $221,861 $0 $0
2014 $4,689 $204,904 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10755295

BeachesMLS

APN: 74-43-44-03-01-000-5070