NOT LISTED FOR SALE

Estimated Value: $439,000 - $710,000

Studio
2 Baths
1,904 Sq Ft
$295/Sq Ft Est. Value

Last Sold April 08, 2019

Last sale price $250,000 $131 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,452/month

1 Day on Market

Highlights

  • Water Views
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Patio
  • Central Heating and Cooling System
  • Fenced

About This Home

As of April 2019

Great opportunity for investment potential with nicely maintained duplex. Both units 3 bedrooms/1 bath, separately fenced yard areas and dedicated parking, plus separate utility meters. Perfect for owner occupant in one half while tenant in other half provides additional income. Can also rent both sides for full income potential. Currently one side is occupied by long term tenant on annual lease paying $1275/month.

Last Agent to Sell the Property

Nicole Evasius

Realty Today Inc. License #3208819 Listed on: 03/07/2019

Last Buyer's Agent

Cynthia Kandath

LAER Realty Partners Bowen/Wellington License #3332328

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,069

Year Built

  • Built in 1984

Lot Details

  • 8,631 Sq Ft Lot
  • Fenced

Property Views

  • Water
  • Garden

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,904 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring

Schools

  • West Gate Elementary School
  • Jeaga Middle School
  • Palm Beach Lakes High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • West Gate Estates Norther Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00434330030540460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,069

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: South on Congress from Okeechobee Blvd to Westgate. West on Westgate then south on Suwanee to Saranac on right. Property on north side of Saranac about midway down block.
  • Year Built: 1984
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1904.0

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden, Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Other
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • 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

  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: West Gate
  • High School: Palm Beach Lakes
  • Middle Or Junior School: Jeaga

Lot Info

  • Parcel #: 00434330030540460
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 8631.0
  • Zoning Description: RH

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3069.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 8, 2019
Sold by
Community Transit Inc
Bought by
Kandath David D C and Kandath Cynthia
Seller's Agent
Nicole Evasius
Realty Today Inc.
Buyer's Agent
Cynthia Kandath
LAER Realty Partners Bowen/Wellington
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%
Current Estimated Value
$562,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,350
Avg. Annual Appreciation
12.62%
Original Mortgage
$187,500
Outstanding Balance
$118,769
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$443,581

Purchase Details

Closed on
Aug 31, 2010
Sold by
Michel Joseph and Love Linda
Bought by
Community Transit Inc

Purchase Details

Closed on
Sep 17, 2004
Sold by
Betts William L
Bought by
Joseph Michel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2003
Sold by
Nappi Paul P and Nappi Judith B
Bought by
Betts William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kandath David D C $250,000 Infiniti Title Ins Agcy Inc
Community Transit Inc $73,900 None Available
Joseph Michel $180,000 Universal Land Title Inc
Betts William L $125,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kandath David D C $187,500
Previous Owner Joseph Michel $171,000
Previous Owner Betts William L $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2019 04/08/19 Sold $250,000 -2.0% $131 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $255,000 -- $134 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $6,346 $307,457 -- --
2024 $6,346 $279,506 -- --
2023 $5,091 $254,096 $87,012 $182,730
2022 $5,335 $230,996 $0 $0
2021 $4,669 $250,203 $72,500 $177,703
2020 $4,076 $190,905 $46,000 $144,905
2019 $3,615 $183,342 $44,000 $139,342
2018 $3,069 $147,724 $37,871 $109,853
2017 $2,850 $140,646 $29,131 $111,515
2016 $2,730 $111,276 $0 $0
2015 $2,690 $101,160 $0 $0
2014 $2,414 $91,964 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10510769

BeachesMLS (Greater Fort Lauderdale)

APN: 00-43-43-30-03-054-0460