NOT LISTED FOR SALE

Estimated Value: $667,000 - $852,000

4 Beds
3 Baths
2,204 Sq Ft
$338/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $765,000 $347 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,681/month

176 Days on Market

Highlights

  • 19,680 Sq Ft lot
  • Room in yard for a pool
  • Patio
  • Jupiter Middle School Rated A-
  • Garden View
  • Shed

About This Home

As of October 2024

Investors, welcome to your new Jupiter Duplex! This Duplex is just over 2,200 square feet under air - 3,210 sqft in total, and built on a very large lot. Almost half an acre! This property is zoned RM - Multi-family (Medium Density), so there's room to add more units or structures to this lot if you're looking to add value to the property. This CBS built duplex currently has both sides rented and both are currently on month-to-month leases. They are both currently paying under market rental values at $1,800/mo and $4,500/mo respectively. 296 is a 3 bedroom, 2 bathroom home with a private pool in the backyard. This home also has an attached carport, and a storage shed with electricity that can be converted to an additional bedroom or garage.

Last Agent to Sell the Property

Holly Meyer Lucas

Compass Florida, LLC (Jupiter) License #3321238 Listed on: 04/24/2024

Compass Florida, LLC (Jupiter)

Co-Listed By

Colin Owensby

Compass Florida, LLC (Jupiter) License #3553691

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,976

Year Built

  • Built in 1960

Lot Details

  • 0.45 Acre Lot
  • Fenced

Property Views

  • Garden
  • Pool

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,204 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Shed

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00424101060080090

Community Details

Overview

  • Association fees include ground maintenance, pest control, pool(s), water
  • 2 Units
  • Penn Park Replat Subdivision

Building Details

  • Operating Expense $18,196
  • Net Operating Income $57,404

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,976

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From I-95 drive East. Turn Left (North) on Philadelphia Dr. Turn Right (East) on Kane Place.
  • Year Built: 1960
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2204.0

Exterior Features

  • Exterior Features: Fence, Patio, Room For Pool, Shed
  • View: Garden, Pool
  • Pool Features: Pool
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

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

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

Fee Information

  • Association Fee Includes: Maintenance Grounds, Pest Control, Pool(s), Water

Lot Info

  • Parcel #: 00424101060080090
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 19680.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 57404.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 18196.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8976.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Oct 30, 2024
Sold by
296 Kane Place Llc
Bought by
Milopoulos Gregory Serfin and Nichols Whitney Caroline
Seller's Agent
Holly Meyer Lucas
Compass Florida, LLC (Jupiter)
List Price
$825,000
Sold Price
$765,000
Premium/Discount to List
-$60,000
-7.27%
Views
69
Current Estimated Value
$743,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,055
Avg. Annual Appreciation
-2.34%
Original Mortgage
$430,000
Outstanding Balance
$424,361
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$319,584

Purchase Details

Closed on
Jan 27, 2020
Sold by
Vialpando Bradley
Bought by
296 Kane Place Llc

Purchase Details

Closed on
Oct 9, 2019
Sold by
Rednax Llc
Bought by
Vialpando Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2018
Sold by
West Arthur L and West Gloria M
Bought by
Rednax Llc
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
Milopoulos Gregory Serfin $722,925 None Listed On Document
296 Kane Place Llc -- Attorney
Vialpando Bradley -- Lighthouse Title Svcs Llc
Rednax Llc $230,000 Independence Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milopoulos Gregory Serfin $430,000
Previous Owner Vialpando Bradley $325,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $765,000 -7.3% $347 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $825,000 -- $374 / 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
2025 $9,534 $623,198 -- --
2024 $9,534 $447,696 -- --
2023 $8,976 $406,996 $0 $0
2022 $7,471 $369,996 $0 $0
2021 $6,569 $336,360 $120,000 $216,360
2020 $5,777 $289,132 $116,400 $172,732
2019 $4,828 $232,111 $110,400 $121,711
2018 $3,391 $197,268 $0 $0
2017 $3,166 $187,149 $0 $0
2016 $3,044 $166,028 $0 $0
2015 $2,876 $155,994 $0 $0
2014 $2,751 $146,778 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10981143

BeachesMLS

APN: 00-42-41-01-06-008-0090