NOT LISTED FOR SALE

3601 Pinewood Ave Unit A West Palm Beach, FL 33407

Northwood Hills Neighborhood

Estimated Value: $405,235 - $546,000

4 Beds
2 Baths
1,404 Sq Ft
$334/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $245,000 $175 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,945/month

103 Days on Market

Highlights

  • Garden View
  • Shed
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring

About This Home

As of January 2020

Excellent income producer property located in Northwood ADD and built in 1979. This property is CBS construction and offers separate electric and water meters. Kitchens have been remodeled with wood cabinets. New wood vanities in both bathrooms. Brand new 10 year battery smoke detectors. Roof was replaced in 2005 with City of West Palm Beach permit. Window/wall A/C units. Freshly painted outside and inside. Long term tenants with yearly leases expiring in 2020. Sold ''AS IS''.

Last Agent to Sell the Property

Viviana Busato

Lenson Realty License #3029452 Listed on: 09/20/2019

Last Buyer's Agent

ROSA SALINAS

MIA Property Solutions, LLC. License #3238520

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1979

Lot Details

  • 5,001

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Garden Views

Schools

  • Roosevelt Community Middle School
  • Palm Beach Lakes High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Additional Features

  • Shed
  • 5,001 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 74434309050540310

Community Details

Overview

  • 2 Units
  • Northwood Add Subdivision

Building Details

  • Operating Expense $2,000
  • Net Operating Income $25,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,400

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I 95 North to Okeechobee Rd. East to Australian Av. Take the North bound exit. Right turn on 36th Street and Right on Pinewood Av.
  • Year Built: 1979
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1404.0

Exterior Features

  • Exterior Features: Shed
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • High School: Palm Beach Lakes
  • Middle Or Junior School: Roosevelt Community

Lot Info

  • Parcel #: 74434309050540310
  • Lot Size: 50.0 ft x 0.0 ft
  • Lot Size Sq Ft: 5001.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 25600.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 2000.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Jan 31, 2020
Sold by
Trevis Corporation
Bought by
Inversiones Aio Dos Llc
Seller's Agent
Viviana Busato
Lenson Realty
Buyer's Agent
ROSA SALINAS
MIA Property Solutions, LLC.
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$469,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,559
Avg. Annual Appreciation
11.83%

Purchase Details

Closed on
Jun 28, 2005
Sold by
Busato Viviana
Bought by
Trevis Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
6.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 4, 2004
Sold by
Beckford Clifton
Bought by
Trevis Corp

Purchase Details

Closed on
Oct 2, 2003
Sold by
Williams Derrick
Bought by
Beckford Clifton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2002
Sold by
Frontier Properties Llc
Bought by
Williams Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,400
Interest Rate
15%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 30, 2002
Sold by
Manufacturers & Traders Trust Company
Bought by
Frontier Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,400
Interest Rate
15%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 10, 2002
Sold by
Mckay Nicola A and Wadkins Chelsea
Bought by
Manufacturers & Traders Trust Company and Securitization Series 1999-2

Purchase Details

Closed on
Sep 14, 1998
Sold by
Matherson And Powers Investments
Bought by
Mckay Nicola A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,920
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 1998
Sold by
Palm Beach County
Bought by
Matheson & Powers Inv Inc
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
Inversiones Aio Dos Llc $245,000 Tri County T&E Inc
Trevis Corp -- Superior Title & Guaranty Co
Busato Viviana -- Superior Title & Guaranty Co
Trevis Corp $175,400 Sun Title & Abstract Of Well
Beckford Clifton $110,000 First American Title Ins Co
Williams Derek $66,000 Southern Financial Title Svc
Frontier Properties Llc $53,500 New House Title Llc
Manufacturers & Traders Trust Company -- --
Mckay Nicola A $58,800 --
Matheson & Powers Inv Inc $6,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Busato Viviana $154,400
Previous Owner Beckford Clifton $104,500
Previous Owner Williams Derek $59,400
Previous Owner Matheson & Powers Inv Inc $52,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $245,000 -2.0% $175 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
09/19/2019 09/19/19 For Sale $250,000 -- $178 / 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 $5,680 $239,507 -- --
2023 $5,176 $217,734 $59,896 $201,825
2022 $4,670 $197,940 $0 $0
2021 $4,305 $179,945 $20,400 $159,545
2020 $1,994 $137,072 $20,400 $116,672
2019 $1,899 $127,933 $19,040 $108,893
2018 $1,400 $86,583 $13,777 $72,806
2017 $1,278 $80,093 $10,597 $69,496
2016 $1,225 $29,367 $0 $0
2015 $1,118 $26,697 $0 $0
2014 $1,069 $24,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2020

    Viviana Busato

    Lenson Realty

    (561) 699-2151

    Viviana Busato
    Section Image
  • ROSA SALINAS

    Buyer's Agent in 2020

    ROSA SALINAS

    MIA Property Solutions, LLC.

    (786) 327-0829

    34 Total Sales

    ROSA SALINAS
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10562653

BeachesMLS

APN: 74-43-43-09-05-054-0310

Florida Palm Beach County West Palm Beach 33407 Northwood Hills

3601 Pinewood Ave Unit A, West Palm Beach, FL

Not Listed for Sale

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