NOT LISTED FOR SALE

2524 Nokomis Ave West Palm Beach, FL 33409

West Gate Estates Neighborhood

Estimated Value: $469,576 - $552,000

2 Beds
2 Baths
1,120 Sq Ft
$457/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $210,000 $188 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,040/month

88 Days on Market

Highlights

  • Waterfront
  • Central Heating and Cooling System
  • Ceiling Fan
  • Tile Flooring

About This Home

As of February 2018

Great investment! Located in the heart of West Palm Beach, close to shopping, major highways, and the beach. Two units 2/1 renovated. New Kitchen with granite counter tops, new bathrooms, tile throughout units. New A/C on both Units.

Last Agent to Sell the Property

Sulami Suarez

Partnership Realty Inc. License #3312299 Listed on: 11/01/2017

Partnership Realty Inc.

Last Buyer's Agent

Sulami Suarez

Partnership Realty Inc. License #3312299 Listed on: 11/01/2017

Partnership Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,162

Year Built

  • Built in 1945

Lot Details

  • 8,538

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Additional Features

  • Waterfront
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00434330070000051

Community Details

Overview

  • 2 Units
  • West Gate Realty Cos Repl Subdivision

Building Details

  • Operating Expense $2,500
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,162

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I 95 or FL Turnpike to OKEECHOBEE BLVD TO WABASO, SOUTH TO NOKOMIS
  • Year Built: 1945
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1120.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: Yes
  • Construction Type: Frame, Stucco
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00434330070000051
  • Zoning Description: RH

Multi Family

  • Property Net Operating Income: 21600.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 2500.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1162.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2017
Closed on
Mar 2, 2018
Sold by
Suarez Carols
Bought by
Diaz Dainiel Herrera and Sarduy Geinys Diaz
Seller's Agent
Sulami Suarez
Partnership Realty Inc.
Buyer's Agent
Sulami Suarez
Partnership Realty Inc.
List Price
$228,900
Sold Price
$210,000
Premium/Discount to List
-$18,900
-8.26%
Current Estimated Value
$512,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,394
Avg. Annual Appreciation
10.77%
Original Mortgage
$206,196
Outstanding Balance
$178,898
Interest Rate
4.55%
Mortgage Type
FHA
Estimated Equity
$277,116

Purchase Details

Listed on
Jun 28, 2016
Closed on
Jul 28, 2016
Sold by
The Bank Of New York
Bought by
Suarez Carlos
Seller's Agent
Hartford Howell
Your Home Sold Guaranteed
Buyer's Agent
Sulami Suarez
Partnership Realty Inc.
List Price
$55,600
Sold Price
$67,000
Premium/Discount to List
$11,400
20.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
108.97%

Purchase Details

Closed on
Mar 1, 2016
Bought by
Suarez Carlos

Purchase Details

Closed on
Jun 7, 2005
Sold by
Vandorin Keith A and Vandorin Erica D
Bought by
Vandorin Keith A and Vandorin Erica D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1994
Sold by
Mcdonald Robert F
Bought by
Vandorin Keith A and Mullen Erica D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
8.46%
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
Diaz Dainiel Herrera $210,000 Trident Title
Suarez Carlos $67,000 Attorneys Title Services Llc
Suarez Carlos $74,500 --
Vandorin Keith A -- Traditional Title Llc
Vandorin Keith A $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Dainiel Herrera $206,196
Previous Owner Vandorin Keith A $107,000
Previous Owner Vandorin Keith A $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $210,000 -8.3% $188 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
11/01/2017 11/01/17 For Sale $228,900 +241.6% $204 / Sq Ft
08/10/2016 08/10/16 Sold $67,000 +20.5% $60 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $55,600 -- $50 / 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 $4,002 $204,991 -- --
2023 $3,411 $192,050 $0 $0
2022 $3,483 $180,119 $0 $0
2021 $3,134 $190,540 $0 $0
2020 $2,836 $160,241 $0 $0
2019 $2,697 $150,504 $44,000 $106,504
2018 $2,146 $86,013 $37,871 $48,142
2017 $1,952 $78,191 $29,131 $49,060
2016 $1,163 $53,885 $0 $0
2015 $1,150 $50,926 $0 $0
2014 $1,086 $48,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sulami Suarez

    Partnership Realty Inc.

    (561) 723-8217

    5 Total Sales

    Sulami Suarez
    Section Image
  • Hartford Howell

    Seller's Agent in 2016

    Hartford Howell

    Your Home Sold Guaranteed

    (561) 327-1930

    83 Total Sales

    Hartford Howell
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10378268

BeachesMLS

APN: 00-43-43-30-07-000-0051

Florida Palm Beach County West Palm Beach 33409 West Gate Estates

2524 Nokomis Ave, West Palm Beach, FL

This home is located at 2524 Nokomis Ave, West Palm Beach, FL 33409 since 01 November 2017 and is currently estimated at $512,394, approximately $457 per square foot. This property was built in 1945. 2524 Nokomis Ave is a home located in Palm Beach County with nearby schools including West Gate Elementary School, Jeaga Middle School, and Palm Beach Lakes 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 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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