NOT LISTED FOR SALE

304 Southwind Ct North Palm Beach, FL 33408

Estimated Value: $1,199,000 - $1,399,000

5 Beds
4 Baths
2,964 Sq Ft
$446/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $440,000 $148 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $8,196/month

58 Days on Market

Highlights

  • Garden View
  • Central Heating and Cooling System
  • Concrete Flooring

About This Home

As of November 2017

Priced to sell quick! About 2 minutes driving to the Beach. Fully occupied! Rental price are very low but can be raised at any time. Lease will be ended on December 31st, 2017.

Last Listed By

Jean Renelus

Hot Team Realty & Investmt Srv License #3070530 Listed on: 09/01/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,595

Year Built

  • Built in 1961

Lot Details

  • 0.32

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,964 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring
  • Garden Views

Additional Features

  • Sprinkler System
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 68434216040380090

Community Details

Overview

  • 4 Units
  • North Palm Beach Village Subdivision

Building Details

  • Operating Expense $12,300
  • Net Operating Income $30,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,595

Year Built

Built in 1961

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Prop. Type: Residential Income
  • Directions: I95 to North Lake Blvd E to Jasmine N to address
  • Year Built: 1961
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Concrete
  • Living Area: 2964.0

Exterior Features

  • View: Garden
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Association Fee: 30.0
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 68434216040380090
  • Zoning Description: R

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 30900.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 12300.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7595.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Nov 29, 2017
Sold by
Clairvoyant Hubert
Bought by
Desimone Management Llc
Seller's Agent
Jean Renelus
Hot Team Realty & Investmt Srv
List Price
$560,000
Sold Price
$440,000
Premium/Discount to List
-$120,000
-21.43%
Total Days on Market
58
Current Estimated Value
$1,323,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$883,000
Avg. Annual Appreciation
15.98%

Purchase Details

Closed on
Dec 16, 2011
Sold by
Merilien Peniel
Bought by
Clairvoyant Hubert

Purchase Details

Closed on
Sep 22, 2010
Sold by
Merilein Sonie
Bought by
Merilien Peniel

Purchase Details

Closed on
Dec 15, 2006
Sold by
Poulos Anne and Poulos Paul
Bought by
Merilien Peniel and Merilien Sonie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 28, 2006
Sold by
Poulos Irene
Bought by
Poulos Paul and Poulos Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 21, 2003
Sold by
Poulos Irene
Bought by
Poulos Anne and Poulos Paul

Purchase Details

Closed on
Feb 8, 2002
Sold by
Lerose Lynne M
Bought by
Poulos Irene

Purchase Details

Closed on
Apr 24, 1997
Sold by
Jameikis Saulius M and Jameikis Ona
Bought by
Lerose Lynne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.85%
Mortgage Type
New Conventional
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
Desimone Management Llc $440,000 Florida Land Title
Clairvoyant Hubert $170,000 First American Title Ins Co
Merilien Peniel -- None Available
Merilien Peniel $510,000 Palm Beach Title Svcs Inc
Poulos Anne -- --
Poulos Irene $260,000 Scott Harris Title Ltd
Lerose Lynne M $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clairvoyant Hubert $125,000
Previous Owner Clairvoyant Hubert $110,000
Previous Owner Clairvoyant Hubert $70,000
Previous Owner Merilien Peniel $51,000
Previous Owner Merilien Peniel $408,000
Previous Owner Poulos Paul $51,000
Previous Owner Poulos Paul J $260,000
Previous Owner Lerose Lynne M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2017 11/29/17 Sold $440,000 -21.4% $148 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $560,000 -- $189 / 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 $13,737 $667,214 -- --
2023 $13,400 $606,558 $0 $0
2022 $13,640 $551,416 $0 $0
2021 $11,511 $612,200 $308,000 $304,200
2020 $9,949 $455,715 $206,800 $248,915
2019 $10,545 $478,683 $220,000 $258,683
2018 $9,458 $438,800 $219,307 $219,493
2017 $7,564 $364,520 $175,446 $189,074
2016 $7,183 $305,181 $0 $0
2015 $6,455 $277,437 $0 $0
2014 $6,121 $258,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10364142

BeachesMLS

APN: 68-43-42-16-04-038-0090