NOT LISTED FOR SALE

340 Perry Ave Unit 340, 342 Greenacres, FL 33463

Estimated Value: $435,769 - $513,000

-- Bed
2 Baths
1,620 Sq Ft
$298/Sq Ft Est. Value

Last Sold February 25, 2020

Last sale price $260,000 $160 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,199/month

52 Days on Market

Highlights

  • Patio
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of February 2020

Great opportunity for investment don't miss out on this residual income property. 4 bed 2 bath, two units in a duplex each 2 bed - 1 Bath in good conditions very easy to rent. Separate meters for water & electricity. There is opportunity to increase rents which gives you the opportunity to make more money. Units could be rented for $1,150 each. Current tenants have been there for years that's why they are rented at a lower price

Last Agent to Sell the Property

Andres Londono

Safebound Realty LLC License #3346052 Listed on: 12/04/2019

Last Buyer's Agent

Monica Barreiros Cables

Highlight Realty Corp/LW License #3352829

Highlight Realty Corp/LW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,123

Year Built

  • Built in 1975

Lot Details

  • 6,504

Home Design

  • Duplex
  • Concrete Roof

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • 6,504 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 18424423010340110

Community Details

Overview

  • 2 Units
  • Greenacres 2 Subdivision

Building Details

  • Operating Expense $3,500
  • Net Operating Income $19,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,123

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Take 10th ave until you find Perry Ave and destination would be on your left
  • Year Built: 1975
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1620.0

Exterior Features

  • Exterior Features: Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete, Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Other
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 18424423010340110
  • Lot Size Sq Ft: 6504.0
  • Zoning Description: RL-3(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 19300.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 3500.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3123.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2019
Closed on
Feb 25, 2020
Sold by
Marhaba Investments Llc
Bought by
Cables Ivan and Barreiros Cables Monica
Seller's Agent
Andres Londono
Safebound Realty LLC
Buyer's Agent
Monica Barreiros Cables
Highlight Realty Corp/LW
List Price
$280,000
Sold Price
$260,000
Premium/Discount to List
-$20,000
-7.14%
Current Estimated Value
$482,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,942
Avg. Annual Appreciation
11.61%
Original Mortgage
$195,000
Outstanding Balance
$175,208
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$302,675

Purchase Details

Closed on
Feb 9, 2010
Sold by
Chughtai Kashif
Bought by
Marhaba Investments Llc

Purchase Details

Closed on
Apr 16, 1997
Sold by
Cerasi Christine M
Bought by
Chughtai Kashif

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
7.86%
Mortgage Type
New Conventional
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
Cables Ivan $260,000 Reliable Abstract Inc
Marhaba Investments Llc -- None Available
Marhaba Investments Llc -- None Available
Chughtai Kashif $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cables Ivan $195,000
Previous Owner Chughtai Kashif H $100,000
Previous Owner Chughtai Kashif $64,478
Previous Owner Chughtai Kashif $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2020 02/25/20 Sold $260,000 -7.1% $160 / Sq Ft
01/26/2020 01/26/20 Pending -- -- --
12/04/2019 12/04/19 For Sale $280,000 -- $173 / 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 $7,051 $325,030 -- --
2023 $6,646 $295,482 $0 $0
2022 $5,953 $268,620 $0 $0
2021 $5,547 $244,200 $126,762 $117,438
2020 $3,645 $181,557 $85,000 $96,557
2019 $3,427 $169,530 $57,500 $112,030
2018 $3,123 $177,999 $50,941 $127,058
2017 $2,472 $131,068 $40,753 $90,315
2016 $2,316 $91,243 $0 $0
2015 $2,269 $82,948 $0 $0
2014 $1,830 $75,407 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Andres Londono

    Safebound Realty LLC

    (561) 584-2780

    31 Total Sales

    Andres Londono
    Section Image

  • M

    Buyer's Agent in 2020

    Monica Barreiros Cables

    Highlight Realty Corp/LW

    (561) 641-6787

    6 Total Sales

    Monica Barreiros Cables
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10582960

BeachesMLS

APN: 18-42-44-23-01-034-0110

Florida Palm Beach County Greenacres 33463

340 Perry Ave Unit 340, 342, Greenacres, FL

This home is located at 340 Perry Ave Unit 340, 342, Greenacres, FL 33463 since 04 December 2019 and is currently estimated at $482,942, approximately $298 per square foot. This property was built in 1975. 340 Perry Ave Unit 340, 342 is a home located in Palm Beach County with nearby schools including Greenacres Elementary School, John I. Leonard High School, and L C Swain Middle 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.

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