NOT LISTED FOR SALE

323 Guava Ave West Palm Beach, FL 33413

Royal Palm Estates Neighborhood

Estimated Value: $583,131 - $710,000

6 Beds
4 Baths
2,500 Sq Ft
$260/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $386,000 $154 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,080/month

150 Days on Market

Highlights

  • Corner Lot
  • Central Heating and Cooling System
  • Fenced
  • Tile Flooring
  • Ceiling Fan

About This Home

As of November 2018

$37,200 ANNUAL GROSS REVENUE Renovated income producing Duplex. Corner lot property is centrally located in West Palm off of Southern Rd. One unit consists of 3 Beds, 2 Baths Rented at $1,600. Second unit is 3 Beds, 2 Baths rented at $1,500. Both units have updated kitchens with Granite counter tops, Washer/ Dryer in each unit and Tiles Floors throughout. Each tenant pays for their own utilities. Updated Electric. Property is also Fenced in with each unit having their own separate backyard. 2 Car Drive way for each unit. Drive by BUT PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Matthew Lemon

Lemon Drop Realty License #3329612 Listed on: 05/29/2018

Last Buyer's Agent

amparo marte

Partnership Realty Inc. License #3013041

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,031

Year Built

  • Built in 1972

Lot Details

  • 0.29 Acre Lot
  • Fenced
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424335100120130

Community Details

Overview

  • 2 Units
  • Royal Palm Estates Subdivision

Building Details

  • Operating Expense $5,000
  • Net Operating Income $32,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,031

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From Southern, North on ( Right ) Guava, 5 blocks later at corner of Kumquat Rd.
  • Year Built: 1972
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2500.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: Corner Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00424335100120130
  • Lot Size Sq Ft: 12500.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 32000.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4031.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2018
Closed on
Nov 26, 2018
Sold by
Gomez Jorge E and Gomez Aymara
Bought by
Marine Melitza Y
Seller's Agent
Matthew Lemon
Lemon Drop Realty
Buyer's Agent
amparo marte
Partnership Realty Inc.
List Price
$399,000
Sold Price
$386,000
Premium/Discount to List
-$13,000
-3.26%
Current Estimated Value
$650,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,783
Avg. Annual Appreciation
7.94%
Original Mortgage
$379,008
Outstanding Balance
$331,872
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$318,911

Purchase Details

Closed on
May 11, 2006
Sold by
Gamez Rigoberto and Gamez Lucrecia
Bought by
Gomez Jorge E and Gomez Aymara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
8.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 4, 1998
Sold by
Real Estate Acquisitions Inc
Bought by
Gamez Rigoberto and Gamez Lucrecia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Marine Melitza Y $386,000 Standard Title Insurance Age
Gomez Jorge E $270,000 United Title Land Svcs Inc
Gamez Rigoberto $75,000 --
Real Estate Acquisition Inc $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marine Melitza Y $379,008
Previous Owner Gomez Jorge E $243,000
Previous Owner Real Estate Acquisition Inc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $386,000 -3.3% $154 / Sq Ft
10/27/2018 10/27/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $399,000 0.0% $160 / Sq Ft
05/09/2016 05/09/16 For Rent $1,400 0.0% --
05/09/2016 05/09/16 Rented $1,400 -- --
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 $7,543 $396,048 -- --
2023 $7,278 $360,044 $183,000 $262,030
2022 $6,726 $327,313 $0 $0
2021 $5,914 $297,557 $88,000 $209,557
2020 $5,770 $289,106 $88,000 $201,106
2019 $5,356 $260,376 $88,000 $172,376
2018 $3,922 $220,500 $77,963 $142,537
2017 $3,558 $194,512 $51,975 $142,537
2016 $3,320 $140,412 $0 $0
2015 $3,091 $127,647 $0 $0
2014 $2,937 $116,043 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Lemon

    Seller's Agent in 2018

    Matthew Lemon

    Lemon Drop Realty

    (561) 818-8314

    65 Total Sales

    Matthew Lemon
    Section Image

  • a

    Buyer's Agent in 2018

    amparo marte

    Partnership Realty Inc.

    (561) 385-3323

    15 Total Sales

    amparo marte
    Section Image
  • Dilenia Rivas

    Seller's Agent in 2016

    Dilenia Rivas

    RE/MAX

    (561) 633-6456

    81 Total Sales

    Dilenia Rivas
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10435202

BeachesMLS

APN: 00-42-43-35-10-012-0130

Florida Palm Beach County West Palm Beach 33413 Royal Palm Estates

323 Guava Ave, West Palm Beach, FL

This home is located at 323 Guava Ave, West Palm Beach, FL 33413 since 29 May 2018 and is currently estimated at $650,783, approximately $260 per square foot. This property was built in 1972. 323 Guava Ave is a home located in Palm Beach County with nearby schools including Benoist Farms Elementary School, Jeaga Middle School, and Royal Palm Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes