$162,000
SOLD NOV 26, 2013
-- Bed
-- Bath
1,391 Sq Ft
7,362 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

5% Below List Price

Highlights

  • Water Views
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of October 2018

This home is located at 2878 Floweva St, Palm Springs, FL 33406 and is currently priced at $162,000, approximately $116 per square foot. This property was built in 1959. 2878 Floweva St is a home located in Palm Beach County with nearby schools including Meadow Park Elementary School, Conniston Middle School, and Forest Hill Community High School.

Last Agent to Sell the Property

Gabriel Isasi

Southdale Properties Inc. License #3183776 Listed on: 11/25/2013

Last Buyer's Agent

Gabriel Isasi

Southdale Properties Inc. License #3183776 Listed on: 11/25/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,907

Year Built

  • Built in 1959

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 1,391 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Water Views

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $20,100
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 70434408040000450

Community Details

Overview

  • 2 Units
  • Congress Hghts Subdivision

Building Details

  • Operating Expense $1,200
  • Net Operating Income $18,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,907

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: FOREST HILL BLVD TO FLA MANGO GO LEFT GO TO EXUMA GO RIGHT TO PRAIRIE GO RIGHT TO FLOWEVA GO LEFT PROPERTY ON RIGHT.
  • Year Built: 1959
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1391.0

Exterior Features

  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Tar/Gravel

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 70434408040000450
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 18900.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 1200.0
  • Total Actual Rent: 20100.0

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1907.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Oct 11, 2018
Sold by
Couce Richard A and Richard A Couce 2012 Revocable
Bought by
Dela Torre Luis Alberto Lopez and Vivero Edianys Cepero
Seller's Agent
Gabriel Isasi
Southdale Properties Inc.
Buyer's Agent
Gabriel Isasi
Southdale Properties Inc.
List Price
$315,000
Sold Price
$262,000
Premium/Discount to List
-$53,000
-16.83%
Current Estimated Value
$522,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,566
Avg. Annual Appreciation
10.58%
Original Mortgage
$257,254
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 25, 2013
Closed on
Nov 26, 2013
Sold by
Barquin Felix A and Barquin Maria A
Bought by
Couce Richard A and The Richard A Couce 2012 Revocable Trust
Seller's Agent
Gabriel Isasi
Southdale Properties Inc.
Buyer's Agent
Gabriel Isasi
Southdale Properties Inc.
List Price
$169,900
Sold Price
$162,000
Premium/Discount to List
-$7,900
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.35%

Purchase Details

Closed on
Mar 19, 2003
Sold by
Moustafa Mohamed Zaki and Moustafa Mary S
Bought by
Barquin Felix A and Barquin Maria A

Purchase Details

Closed on
May 3, 2001
Sold by
Peluso Vincent F and Peluso Idania R
Bought by
Moustafa Mohamed Z and Moustafa Mary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 1998
Sold by
Buntrock Richard Lee
Bought by
Peluso Vincent F and Peluso Idania R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $262,000 Attorney
Warranty Deed $162,000 First Intl Title Inc
Warranty Deed $125,000 Town Title Inc
Warranty Deed $92,000 --
Warranty Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,986 FHA
Closed $257,254 FHA
Previous Owner $160,759 Unknown
Previous Owner $82,800 New Conventional
Previous Owner $65,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2018 10/11/18 Sold $262,000 -16.8% $188 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $315,000 +94.4% $226 / Sq Ft
11/26/2013 11/26/13 Sold $162,000 -4.6% $116 / Sq Ft
11/25/2013 11/25/13 For Sale $169,900 -- $122 / 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 $1,842 $103,834 -- --
2023 $1,788 $100,810 $0 $0
2022 $1,718 $97,874 $0 $0
2021 $1,625 $95,023 $0 $0
2020 $3,666 $192,822 $0 $0
2019 $3,508 $183,208 $30,600 $152,608
2018 $3,528 $155,233 $63,619 $91,614
2017 $3,330 $143,414 $43,875 $99,539
2016 $3,135 $118,741 $0 $0
2015 $2,851 $107,946 $0 $0
2014 $2,673 $98,781 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R9996620

BeachesMLS

APN: 70-43-44-08-04-000-0450