$440,000
SOLD MAR 18, 2025
-- Bed
-- Bath
1,325 Sq Ft
5,750 Sq Ft Lot

Recently Sold

$332 Per Sq Ft

9% Below List Price

20 Days on Market

About This Home

As of March 2025

What a great price for the remodeled 3/1 and a 1/1home in West Palm Beach. This home was just remodeled and is move in ready!!! New hot water and ROOF!!! Ac 2017INVESTORS.....this was a 5/2 was split into a 3/1 and 1/1 apartment for maximum rental income. Rents should be around 2500 and1400Property is vacant now so its easy to show and vet your own tenants.

Last Agent to Sell the Property

James Kelly

Apogee Team Realty, LLC License #3225138 Listed on: 01/29/2025

Last Buyer's Agent

Christopher Walker

Residence Real Estate, Inc License #3354744

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,730

Year Built

  • Built in 2005

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00434330060000028
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units
  • Zimmermans Repl West Gate Subdivision

Building Details

  • Operating Expense $7,400
  • Net Operating Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,730

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: ZIMMERMANS REPL WEST GATE
  • Year Built: 2005
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1325.0

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00434330060000028
  • Lot Size: < 1/4 Acre
  • Zoning Description: res

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 46800.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 7400.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4730.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
Mar 10, 2025
Sold by
Perez Investments Of Palm Beach Llc
Bought by
Francois Anotte
Seller's Agent
James Kelly
Apogee Team Realty, LLC
Buyer's Agent
Christopher Walker
Residence Real Estate, Inc
List Price
$485,000
Sold Price
$440,000
Premium/Discount to List
-$45,000
-9.28%
Views
21
Current Estimated Value
$449,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,445
Avg. Annual Appreciation
6.08%
Original Mortgage
$352,000
Outstanding Balance
$351,110
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$98,335

Purchase Details

Listed on
Jul 28, 2024
Closed on
Sep 6, 2024
Sold by
Terpeney Mark F
Bought by
Perez Investments Of Palm Beach Llc
Seller's Agent
David Shockley
Illustrated Properties LLC (Jupiter)
Buyer's Agent
James Kelly
Apogee Team Realty, LLC
List Price
$375,000
Sold Price
$342,500
Premium/Discount to List
-$32,500
-8.67%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.42%
Original Mortgage
$343,500
Interest Rate
6.73%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 1, 2016
Sold by
Pitale Frank and Pitale Angela J
Bought by
Terpeney Mark F

Purchase Details

Closed on
Dec 24, 2014
Sold by
Terpeney Mark F and Pitale Frank
Bought by
Terpeney Mark F

Purchase Details

Closed on
Jan 7, 2010
Sold by
Tilghman William P and Tilghman Linda H
Bought by
Pitale Frank
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 Type Sale Price Title Company
Warranty Deed $440,000 First American Title Insurance
Warranty Deed $342,500 Prosperity Land Title
Deed $225,000 Attorney
Interfamily Deed Transfer -- Attorney
Quit Claim Deed -- South Shore Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,000 New Conventional
Previous Owner $343,500 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $440,000 -9.3% $332 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $485,000 +41.6% $366 / Sq Ft
09/06/2024 09/06/24 Sold $342,500 -8.7% $258 / Sq Ft
07/28/2024 07/28/24 For Sale $375,000 -- $283 / 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 $4,730 $231,139 -- --
2023 $4,390 $210,126 $70,435 $204,941
2022 $4,138 $191,024 $0 $0
2021 $3,647 $195,699 $48,300 $147,399
2020 $3,609 $211,198 $40,800 $170,398
2019 $3,309 $184,331 $34,800 $149,531
2018 $2,716 $135,922 $24,419 $111,503
2017 $2,504 $124,190 $27,133 $97,057
2016 $2,325 $107,828 $0 $0
2015 $1,948 $84,170 $0 $0
2014 $1,661 $61,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11056902

BeachesMLS

APN: 00-43-43-30-06-000-0028