NOT LISTED FOR SALE

2639 Saranac Ave West Palm Beach, FL 33409

West Gate Estates Neighborhood

Estimated Value: $337,000 - $404,000

2 Beds
2 Baths
1,200 Sq Ft
$313/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $215,000 $179 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,484/month

130 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • 4-minute walk to Westgate Park & Recreation Center
  • Patio
  • Wall Furnace

About This Home

As of August 2020

Good investment property. Seller motivated.

Last Listed By

misael plasencia

Highlight Realty Corp/LW License #3191475 Listed on: 03/13/2020

Highlight Realty Corp/LW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,544

Year Built

  • Built in 1962

Lot Details

  • 8,277

Home Design

  • Duplex

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

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

Additional Features

  • Patio
  • 8,277 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 00434330030520380

Community Details

Overview

  • 2 Units
  • West Gate Estates Norther Subdivision

Building Details

  • Operating Expense $2,500
  • Net Operating Income $18,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,544

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From Okeechobee Blvd,turn right into Seminole Blvd, turn left onto to Sanarac Ave property will be on the left.
  • Year Built: 1962
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1200.0

Exterior Features

  • Exterior Features: Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other

Utilities

  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00434330030520380
  • Lot Size Sq Ft: 8277.0
  • Zoning Description: RH
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 18200.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 2500.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2544.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
Aug 21, 2020
Sold by
Lastra Maria Victoria
Bought by
Long Brian
Seller's Agent
misael plasencia
Highlight Realty Corp/LW
List Price
$245,000
Sold Price
$215,000
Premium/Discount to List
-$30,000
-12.24%
Total Days on Market
130
Current Estimated Value
$375,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,415
Avg. Annual Appreciation
11.69%
Original Mortgage
$207,824
Outstanding Balance
$186,512
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$178,669

Purchase Details

Listed on
Dec 22, 2018
Closed on
Mar 29, 2019
Sold by
Farghali Moustafa
Bought by
Lastra Maria Victoria
Seller's Agent
Monica Otero
United Realty Group Inc.
Buyer's Agent
misael plasencia
Highlight Realty Corp/LW
List Price
$171,000
Sold Price
$170,000
Premium/Discount to List
-$1,000
-0.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.26%

Purchase Details

Closed on
Jan 7, 2000
Sold by
Fouche William
Bought by
Farghali Moustafa and Farghali Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,200
Interest Rate
7.8%
Mortgage Type
New Conventional
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
Long Brian $215,000 Florida Land Title Ins Llc
Lastra Maria Victoria $170,000 Florida Land Title Ins Llc
Farghali Moustafa $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Brian $25,000
Open Long Brian $207,824
Previous Owner Farghali Moustafa $125,000
Previous Owner Farghali Moustafa $47,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $215,000 -12.2% $179 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $245,000 +44.1% $204 / Sq Ft
03/29/2019 03/29/19 Sold $170,000 -0.6% $142 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
12/22/2018 12/22/18 For Sale $171,000 -- $143 / 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 $4,525 $191,700 -- --
2023 $3,679 $174,273 $85,260 $89,013
2022 $4,149 $189,795 $0 $0
2021 $2,706 $152,999 $69,527 $83,472
2020 $2,924 $125,244 $46,000 $79,244
2019 $2,546 $120,208 $44,000 $76,208
2018 $2,167 $96,282 $37,871 $58,411
2017 $1,973 $87,542 $29,131 $58,411
2016 $1,884 $67,486 $0 $0
2015 $1,858 $61,351 $0 $0
2014 $1,700 $55,774 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • m

    Seller's Agent in 2020

    misael plasencia

    Highlight Realty Corp/LW

    (561) 214-3813

    1 in this area

    35 Total Sales

    misael plasencia
    Section Image
  • Monica Otero

    Seller's Agent in 2019

    Monica Otero

    United Realty Group Inc.

    (786) 246-9158

    15 Total Sales

    Monica Otero
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10609235

BeachesMLS

APN: 00-43-43-30-03-052-0380

Florida Palm Beach County West Palm Beach 33409 West Gate Estates

2639 Saranac Ave, West Palm Beach, FL

This home is located at 2639 Saranac Ave, West Palm Beach, FL 33409 since 13 March 2020 and is currently estimated at $375,415, approximately $312 per square foot. This property was built in 1962. 2639 Saranac 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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