NOT LISTED FOR SALE

Estimated Value: $383,212 - $494,000

4 Beds
4 Baths
2,102 Sq Ft
$209/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $216,500 $103 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,817/month

27 Days on Market

Highlights

  • No HOA
  • Attached Carport
  • Ceiling Fan
  • Jensen Beach High School Rated A
  • Central Heating and Cooling System

About This Home

As of June 2020

Attention Investors!! 2,102 sqft Full Duplex in Golden Gate. Each side has 2 bedrooms and 2 baths. With long term tenants in place in both units, this is a great opportunity for an investor to jump right in with cash flow in place. Both units are currently rented under market value to long-term tenants at $800 per side for a total of $1,600 gross income each month. Similar units in the area are rented for up to $1,300. As is, market value for these units is approximately $1,100 - $1,200. With a little elbow grease, these units could command up to $1,350, or more, which highlights the property's incredible potential for immediate returns. Take the 3D virtual tour anytime. Both virtual and in-person showings are available by appointment.

Last Agent to Sell the Property

Katey Bourgeois

Bourgeois Real Estate Group, Inc. License #3244452 Listed on: 05/01/2020

Last Buyer's Agent

al cucuk

RE/MAX Masterpiece Realty License #3216890

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,944

Year Built

  • Built in 1973

Lot Details

  • 9,670

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,102 Sq Ft Home
  • Ceiling Fan
  • Laminate Flooring

Parking

  • 2 Parking Spaces
  • Attached Carport

Additional Features

  • 9,670 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,944

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Carport Y N: Yes
  • Lot Size Acres: 0.222
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Prop. Type: Residential Income
  • Subdivision Name: Golden Gate
  • Year Built: 1973
  • Ownership: Fee Simple
  • Special Features: VirtualTour

Interior Features

  • Possible Bedrooms: 4
  • Flooring: Laminate
  • Living Area: 2102.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete
  • Pool Private: No
  • Roof: Composition, Shingle
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Attached Carport
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 2944.0
  • Tax Year: 2019

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2021
Sold by
Dandapani Nikhil R and Dandapani Kerin Anne
Bought by
Nkmints 3 Llc
Current Estimated Value
$440,053

Purchase Details

Listed on
May 1, 2020
Closed on
Jun 26, 2020
Sold by
Mccartney Erin D
Bought by
Dandapani Nikhil R and Dandapani Kerin Anne
Seller's Agent
Katey Bourgeois
Bourgeois Real Estate Group, Inc.
Buyer's Agent
al cucuk
RE/MAX Masterpiece Realty
List Price
$239,000
Sold Price
$216,500
Premium/Discount to List
-$22,500
-9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.61%
Original Mortgage
$162,375
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2000
Sold by
Robert S Lucas Tr and Trust Of Robert Shaffer Lucas
Bought by
Lucas Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
8.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1983
Bought by
Lucas Robert S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nkmints 3 Llc -- Accommodation
Dandapani Nikhil R $216,500 Fidelity Natl Ttl Of Fl Inc
Dandapani Nikhil R $216,500 Fidelity National Title
Lucas Robert S -- --
Lucas Robert S $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dandapani Nikhil R $162,375
Previous Owner Lucas Robert S $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $216,500 -9.4% $103 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $239,000 -- $114 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

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
2025 $6,197 $300,140 -- --
2024 $5,733 $272,855 -- --
2023 $5,733 $248,050 $0 $0
2022 $5,205 $225,500 $65,000 $160,500
2021 $4,176 $195,840 $65,000 $130,840
2020 $3,176 $174,000 $70,000 $104,000
2019 $2,944 $153,000 $60,000 $93,000
2018 $2,577 $120,000 $60,000 $60,000
2017 $1,718 $110,400 $60,000 $50,400
2016 $2,150 $94,500 $53,000 $41,500
2015 $1,757 $94,500 $21,000 $73,500
2014 $1,757 $72,000 $21,000 $51,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20023569

Martin County REALTORS® of the Treasure Coast

APN: 37-38-41-007-008-00050-1