NOT LISTED FOR SALE

354 Pilgrim Rd West Palm Beach, FL 33405

South End Neighborhood

Estimated Value: $1,216,000 - $1,272,000

6 Beds
4 Baths
2,755 Sq Ft
$452/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $540,000 $196 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $8,085/month

41 Days on Market

Highlights

  • Water Views
  • Room in yard for a pool
  • Porch
  • Fruit Trees
  • Wood Flooring
  • Open Patio

About This Home

As of May 2015

Great income producing and unique 4 unit multi family property on double lot with extra structure currently being used as storage (possibly be converted to another unit?). Highly desirable area. Three units in main structure (2 story) and separate cottage. All units have been updated including all kitchens and bathrooms with granite countertops, real wood floors, ceramic tile. All units are occupied, turnkey investment!

Last Agent to Sell the Property

Micah Fisher

Quantum Realty Associates Inc License #3245578 Listed on: 03/18/2015

Last Buyer's Agent

Micah Fisher

Quantum Realty Associates Inc License #3245578 Listed on: 03/18/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,924

Year Built

  • Built in 1924

Lot Details

  • 0.28 Acre Lot
  • Fenced
  • Sprinkler System
  • Fruit Trees

Home Design

  • Frame Construction
  • Built-Up Roof

Interior Spaces

  • 2,755 Sq Ft Home
  • 2-Story Property
  • Water Views

Flooring

  • Wood
  • Ceramic Tile

Outdoor Features

  • Room in yard for a pool
  • Open Patio
  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $51,600
  • Rent includes electricity
  • Assessor Parcel Number 74434403130020110

Community Details

Overview

  • 4 Units
  • Belair Wpb Subdivision

Building Details

  • Operating Expense $17,460
  • Net Operating Income $34,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,924

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Ten blocks south of Southern on Dixie, go Easton Pilgrim, Second house on Right. Between Dixie and Olive.
  • Year Built: 1924
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Living Area: 2755.0

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Porch, Patio, Room For Pool, Shed
  • View: Water
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Other Structures: Shed(s)
  • Patio And Porch Features: Open, Patio, Porch
  • Roof: Built-Up

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Electricity
  • Senior Community: No

Lot Info

  • Parcel #: 74434403130020110
  • Lot Size Sq Ft: 11994.0
  • Zoning Description: SF14-C
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 34140.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 17460.0
  • Total Actual Rent: 51600.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5924.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2018
Sold by
Guse Lauryl L
Bought by
Guse Lauryl L
Current Estimated Value
$1,244,000

Purchase Details

Listed on
Mar 18, 2015
Closed on
May 27, 2015
Sold by
Palm Sands Properties Llc
Bought by
Guse Lauryl L
Seller's Agent
Micah Fisher
Quantum Realty Associates Inc
Buyer's Agent
Micah Fisher
Quantum Realty Associates Inc
List Price
$545,000
Sold Price
$540,000
Premium/Discount to List
-$5,000
-0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$417,302
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 30, 2015
Sold by
Brandner Reinhard
Bought by
Palm Sands Properties Llc

Purchase Details

Closed on
Jun 24, 2004
Sold by
Brandner Reinhard
Bought by
Brandner Reinhard

Purchase Details

Closed on
Nov 7, 2003
Sold by
Lenderman Lisa E
Bought by
Brandner Reinhard

Purchase Details

Closed on
Aug 12, 2002
Sold by
Akin Carolyn
Bought by
Lenderman Lisa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.88%

Purchase Details

Closed on
Jul 16, 2002
Sold by
Lenderman Lisa Elizabeth and Estate Of Edna Joyce Lenderman
Bought by
Lenderman Lisa Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.88%
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
Guse Lauryl L $195,467 Attorney
Guse Lauryl L $540,000 None Available
Palm Sands Properties Llc -- Attorney
Brandner Reinhard $100,000 --
Brandner Reinhard $228,000 --
Lenderman Lisa E -- Landcorp Title & Trust Inc
Lenderman Lisa Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guse Lauryl L $417,302
Previous Owner Lenderman Lisa E $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $540,000 -0.9% $196 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $545,000 0.0% $198 / Sq Ft
06/01/2012 06/01/12 Rented $1,200 0.0% --
05/02/2012 05/02/12 Under Contract -- -- --
11/22/2011 11/22/11 For Rent $1,200 -- --
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 $15,687 $764,493 -- --
2023 $15,791 $561,435 $0 $0
2022 $12,919 $510,395 $0 $0
2021 $11,191 $498,051 $250,000 $248,051
2020 $10,125 $421,814 $180,000 $241,814
2019 $10,540 $454,475 $230,000 $224,475
2018 $9,074 $388,470 $214,500 $173,970
2017 $9,291 $398,897 $171,600 $227,297
2016 $8,652 $360,824 $0 $0
2015 $5,665 $221,477 $0 $0
2014 $5,924 $223,651 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Micah Fisher

    Quantum Realty Associates Inc

  • D

    Seller's Agent in 2012

    David Caruso

    Shore Group Realty Inc.

    (561) 676-6772

    1 Total Sale

    David Caruso
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Map

Source: BeachesMLS

MLS Number: R10120363

BeachesMLS

APN: 74-43-44-03-13-002-0110

Florida Palm Beach County West Palm Beach 33405 South End

354 Pilgrim Rd, West Palm Beach, FL

This home is located at 354 Pilgrim Rd, West Palm Beach, FL 33405 since 18 March 2015 and is currently estimated at $1,244,000, approximately $451 per square foot. This property was built in 1924. 354 Pilgrim Rd is a home located in Palm Beach County with nearby schools including South Olive Elementary School, Conniston Middle School, and Forest Hill Community 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.

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