NOT LISTED FOR SALE

3817 Van Cott Cir West Palm Beach, FL 33403

Estimated Value: $331,000 - $659,000

4 Beds
4 Baths
2,296 Sq Ft
$221/Sq Ft Est. Value

Last Sold July 06, 2017

Last sale price $295,000 $128 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,153/month

24 Days on Market

Highlights

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

About This Home

As of July 2017

Attention Investors! Amazing income potential with this centrally-located 2/2 duplex. Each individual unit features 2 bedrooms, 2 bathrooms, separate walk-in laundry room, large pie-shaped fully-fenced in backyard and covered back patio. One unit features an in-ground pool. Roof is approximately 10 years new and both electrical panels have been recently updated. This is a a must see property that will go quickly! Please allow 24-hour notice for all showings. One tenant is month to month, the other tenant lease ends Oct 2017.

Last Agent to Sell the Property

McKinley Navaroli

Compass Florida LLC License #3226266 Listed on: 05/12/2017

Compass Florida LLC

Co-Listed By

Sarah Greenberg

Keller Williams Realty Jupiter License #3316121

Last Buyer's Agent

Eric Poola

Coldwell Banker Realty License #3299247

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,363

Year Built

  • Built in 1977

Lot Details

  • 0.32 Acre Lot
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,296 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Rent includes electricity, water
  • Assessor Parcel Number 00434218080000120

Community Details

Overview

  • 2 Units
  • October Park Subdivision

Building Details

  • Operating Expense $6,200
  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,363

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I-95 to Northlake Blvd exit, EXIT 77. Head East. Turn left immediately onto Roan Ln. Turn right onto Vancott St. Vancott St becomes Vancott Cir.
  • Year Built: 1977
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2296.0

Exterior Features

  • Exterior Features: Fence, Patio
  • Pool Features: Pool
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Water
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00434218080000120
  • Lot Size Sq Ft: 13782.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 26400.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 6200.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3363.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2017
Closed on
Jul 7, 2017
Sold by
Garcia Jose R and The Jose R Garcia Revocable Tr
Bought by
Bencivenga Michele Lynn
Seller's Agent
McKinley Navaroli
Compass Florida LLC
Buyer's Agent
Eric Poola
Coldwell Banker Realty
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%
Current Estimated Value
$506,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,605
Avg. Annual Appreciation
6.87%
Original Mortgage
$250,750
Outstanding Balance
$209,619
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$296,986

Purchase Details

Closed on
Mar 21, 2016
Sold by
Garcia Jose R
Bought by
Garcia Jose R and Jose R Garcia Revocable Trust

Purchase Details

Closed on
Mar 1, 2016
Bought by
Bencivenga Michele L

Purchase Details

Closed on
Jun 11, 1997
Sold by
Mcdonald Thomas B
Bought by
Garcia Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
8.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bencivenga Michele Lynn $300,000 Patch Reef Title Co Inc
Garcia Jose R -- None Available
Bencivenga Michele L -- --
Garcia Jose R $108,000 --
Mcdonald Thomas B $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bencivenga Michele Lynn $250,750
Previous Owner Garcia Jose R $191,000
Previous Owner Garcia Jose R $240,000
Previous Owner Mcdonald Thomas B $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2017 07/06/17 Sold $295,000 -9.2% $128 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $325,000 -- $142 / 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 $4,712 $280,409 -- --
2023 $4,579 $272,242 $0 $0
2022 $4,536 $264,313 $0 $0
2021 $4,457 $256,615 $0 $0
2020 $4,415 $253,072 $0 $0
2019 $4,368 $247,382 $0 $247,382
2018 $4,859 $246,557 $0 $246,557
2017 $3,625 $185,900 $0 $0
2016 $3,363 $155,048 $0 $0
2015 $3,301 $140,953 $0 $0
2014 $3,076 $128,139 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10334019

BeachesMLS

APN: 00-43-42-18-08-000-0120