NOT LISTED FOR SALE

285 NW 11th Ave South Bay, FL 33493

Estimated Value: $111,000 - $193,377

4 Beds
2 Baths
1,088 Sq Ft
$135/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $40,000 $37 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $967/month

135 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Vinyl Flooring
  • Wall Furnace
  • Wood Siding

About This Home

As of September 2014

Tenant occupied 500.00 each unit

Last Agent to Sell the Property

Terry Tamlin

South Palm Realty License #0693147 Listed on: 04/17/2014

Last Buyer's Agent

Rosa Mercado

United Realty Group, Inc License #3255628

United Realty Group, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Duplex
  • Fixer Upper
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,088 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Utilities

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

Listing and Financial Details

  • Total Actual Rent $12,000
  • Rent includes electricity, sewer, cable TV, water
  • Assessor Parcel Number 58364414020000152

Community Details

Overview

  • 2 Units
  • Crosby Sub South Bay Subdivision

Building Details

  • Operating Expense $4,790
  • Net Operating Income $7,210

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: MLK Blvd w to NW 11th, N to property
  • Year Built: 1963
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 1088.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Property Condition: Resale, Fixer
  • Roof: Composition

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Sewer, Cable TV, Water
  • Senior Community: No

Lot Info

  • Parcel #: 58364414020000152
  • Lot Size Sq Ft: 5663.0
  • Zoning Description: RESIDENT
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 7210.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 4790.0
  • Total Actual Rent: 12000.0

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1790.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2018
Sold by
Perez Reyna
Bought by
Reynas Apartments Of Belle Glade Llc
Current Estimated Value
$146,792

Purchase Details

Listed on
Apr 17, 2014
Closed on
Sep 30, 2014
Sold by
Evans Arthur C
Bought by
Perez Reyna
Seller's Agent
Terry Tamlin
South Palm Realty
Buyer's Agent
Rosa Mercado
United Realty Group, Inc
List Price
$60,000
Sold Price
$40,000
Premium/Discount to List
-$20,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%

Purchase Details

Closed on
Oct 15, 2008
Sold by
Mcmurray Family Limited Partnership
Bought by
Evans Arthur C

Purchase Details

Closed on
Jan 24, 2008
Sold by
Evans Arthur C
Bought by
Mcmurray Family Lp

Purchase Details

Closed on
May 18, 2006
Sold by
Ace Housing Inc
Bought by
Evans Arthur C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
10%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 2, 2005
Sold by
General Realty Investment & Sales Inc
Bought by
A C E Housing Inc

Purchase Details

Closed on
Aug 11, 2004
Sold by
Ach Acquisitions Llc
Bought by
General Realty Investment & Sales Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
5.97%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 19, 2002
Sold by
State Of Florida/Palm Beach County
Bought by
Ach Acquisitions Llc

Purchase Details

Closed on
Jun 14, 1995
Sold by
Coney Ernest and Otis Rosei Mae
Bought by
Coney Ernest
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
Reynas Apartments Of Belle Glade Llc -- None Available
Perez Reyna $40,000 First American Title Ins Co
Evans Arthur C -- None Available
Mcmurray Family Lp -- None Available
Evans Arthur C -- Coast To Coast Title Inc
A C E Housing Inc $90,000 Sterling Title & Trust
General Realty Investment & Sales Inc $27,000 --
Ach Acquisitions Llc $12,198 --
Coney Ernest -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Arthur C $76,500
Previous Owner General Realty Investment & Sales Inc $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $40,000 -33.3% $37 / Sq Ft
08/31/2014 08/31/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $60,000 -- $55 / 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 $2,216 $87,172 -- --
2023 $2,523 $92,600 $13,852 $106,552
2022 $2,251 $84,182 $0 $0
2021 $2,104 $86,323 $10,000 $76,323
2020 $1,882 $69,572 $10,000 $59,572
2019 $1,926 $70,503 $10,000 $60,503
2018 $1,923 $72,048 $10,627 $61,421
2017 $1,855 $68,310 $10,121 $58,189
2016 $2,020 $73,801 $0 $0
2015 $2,065 $73,801 $0 $0
2014 $1,957 $68,034 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10033812

BeachesMLS

APN: 58-36-44-14-02-000-0152