NOT LISTED FOR SALE

Estimated Value: $866,054

-- Bed
3 Baths
3,018 Sq Ft
$287/Sq Ft Est. Value

Last Sold February 26, 2019

Last sale price $395,777 $131 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $5,391/month

9 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Central Heating and Cooling System
  • Corner Lot
  • Shed
  • Fenced

About This Home

As of February 2019

2 STORY HOUSE ZONED COMMERCIAL / RESIDENTIAL in "Northwood" of West Palm Beach!!! Great opportunity to own your own Professional Building and Rental Property. "Over 3000 Sq. Ft." The Main Building has 7-Offices, Reception Area and Waiting Room, Conference Room, additional common area work space, 2 Full Bathrooms and Kitchenette. The Main Building has the original wood floors (refinished), and the original marble fireplace. The property has a detached 2 Car Garage PLUS 10 Privately Owned Parking Spaces. Additional street parking available. The 1 bedroom 1 bath cottage, currently rented, has it's own electric meter. Building has Tons of Historical Charm with A Modern Flare. "Currently used as Law Offices". GREAT for any professional use. Once a Physician/Chiropractic Office.

Last Agent to Sell the Property

Marilyn Padinha

Donohue Real Estate, LLC License #0613300 Listed on: 12/28/2018

Donohue Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,970

Year Built

  • Built in 1936

Lot Details

  • Fenced
  • Corner Lot

Parking

  • 12 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,018 Sq Ft Home
  • 2-Story Property
  • Blinds

Flooring

  • Wood
  • Ceramic Tile

Additional Features

  • Shed
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Northwood Add Condos
  • Northwood Add Subdivision

Listing and Financial Details

  • Rent includes trash collection, water
  • Assessor Parcel Number 74434309050430040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,970

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1936
  • Property Sub Type: Special Purpose
  • Architectural Style: Attached, Detached, Other
  • Directions: Located on BROADWAY/US-1 and 29th Street. Between Palm Beach Lakes Blvd and 45th Street. From I-95 exit 45th Street, drive East to Broadway/US-1. Drive (South) on Broadway to 29th. Building is located on the (West) corner of Broadway and 29th.
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: NORTHWOOD ADD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor, Wood
  • Living Area: 3018
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Roof: Other, Shingle
  • Exterior Features: Fruit Trees
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot, Corner Lot
  • Other Structures: Extra Building/Shed
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NORTHWOOD ADD
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric, Other
  • Cooling Y N: Yes
  • Heating: Central, Electric, Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 74434309050430040
  • Zoning: BMUD TYP
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None, Trash Collection, Water

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4970

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2018
Closed on
Feb 26, 2019
Sold by
3001 Broadway Llc
Bought by
Andry Properties Llc
Seller's Agent
Marilyn Padinha
Donohue Real Estate, LLC
List Price
$397,777
Sold Price
$395,777
Premium/Discount to List
-$2,000
-0.5%
Current Estimated Value
$866,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,277
Avg. Annual Appreciation
12.69%
Original Mortgage
$335,750
Outstanding Balance
$295,778
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$566,649

Purchase Details

Closed on
Sep 20, 2012
Sold by
Christensen John P and Christensen Misuk
Bought by
3001 Broadway Llc

Purchase Details

Closed on
Mar 7, 2012
Sold by
Dr John P Christenson Pa
Bought by
Christensen John P and Christensen Misuk

Purchase Details

Closed on
Oct 7, 1999
Sold by
Chiropractic Natural Health Center
Bought by
John P Christenson Pa

Purchase Details

Closed on
Jan 7, 1994
Sold by
Christensen John Peter and C P A John Frankewich D
Bought by
Chiropractic Natural Health Cntr Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.19%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Andry Properties Llc $395,777 Attorney
3001 Broadway Llc $143,000 Attorney
Christensen John P -- None Available
John P Christenson Pa $100,000 --
Chiropractic Natural Health Cntr Inc $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andry Properties Llc $335,750
Previous Owner Chiropractic Natural Health Cntr Inc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2019 02/26/19 Sold $395,777 -0.5% $131 / Sq Ft
01/04/2019 01/04/19 Pending -- -- --
12/26/2018 12/26/18 For Sale $397,777 -- $132 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $8,170 $356,200 -- --
2023 $7,787 $323,818 -- --
2022 $7,165 $294,380 -- --
2021 $6,596 $267,618 $87,500 $180,118
2020 $6,677 $268,954 $87,500 $181,454
2019 $5,891 $240,270 $83,300 $156,970
2018 $5,307 $238,165 $80,920 $157,245
2017 $4,970 $232,219 $77,000 $155,219
2016 $4,688 $169,400 $0 $0
2015 $4,449 $154,000 $0 $0
2014 $3,847 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10590901

MIAMI REALTORS® MLS

APN: 74-43-43-09-05-043-0040