NOT LISTED FOR SALE

Estimated Value: $813,000 - $950,504

8 Beds
6 Baths
3,920 Sq Ft
$220/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $467,500 $119 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,622/month

33 Days on Market

Highlights

  • 20,790 Sq Ft lot
  • Cul-De-Sac
  • Patio
  • Garden View
  • Interior Lot
  • Ceramic Tile Flooring

About This Home

As of February 2018

Four units -- two duplexes consisting of two 3/2s and two 2/1s (one each in each duplex). Completely renovated in 2013 and new roof in 2014. Strong rental history with monthly gross rents of $4,150 per month. Great turnkey property for investor and also great for owner occupant. All units are occupied, please do not disturb tenants. All sizes are approximate!

Last Agent to Sell the Property

Harry Borders

Coldwell Banker Realty License #8227 Listed on: 12/07/2017

Coldwell Banker Realty

Last Buyer's Agent

Martha Rodriguez

Grand Realty of America, Corp. License #3307353

Grand Realty of America, Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,613

Year Built

  • Built in 1978

Lot Details

  • 0.48 Acre Lot
  • Cul-De-Sac
  • Interior Lot

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,920 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Blinds
  • Ceramic Tile Flooring
  • Garden Views

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00434430010800031

Community Details

Overview

  • 4 Units
  • Palm Beach Farms Co Subdivision

Building Details

  • Operating Expense $20,992
  • Net Operating Income $28,808

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,613

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: East off Kirk Rd, One street North of Melaleuca Lane ( or approximately 6 streets south of Lake Worth Rd-east side of Kirk Rd)
  • Year Built: 1978
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3920.0
  • Window Features: Blinds, Metal, Single Hung

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Lot Features: Cul-De-Sac, Interior Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00434430010800031
  • Lot Size Sq Ft: 20790.0
  • Zoning Description: multifam
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 28808.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 20992.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6613.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2017
Closed on
Feb 8, 2018
Sold by
Jj Enterprises Of Wellington Llc
Bought by
Campos Miguel and Campos Rosa
Seller's Agent
Harry Borders
Coldwell Banker Realty
Buyer's Agent
Martha Rodriguez
Grand Realty of America, Corp.
List Price
$485,000
Sold Price
$467,500
Premium/Discount to List
-$17,500
-3.61%
Current Estimated Value
$861,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,668
Avg. Annual Appreciation
8.20%
Original Mortgage
$350,625
Outstanding Balance
$298,644
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$562,524

Purchase Details

Listed on
Jan 18, 2015
Closed on
Feb 27, 2015
Sold by
St Surin Walter
Bought by
Jj Enterprises Of Wellington Llc
Seller's Agent
Todd Durand
Trio Real Estate
Buyer's Agent
Gilbert Suarez
Weichert Realtors-Royal Heritage
List Price
$359,000
Sold Price
$355,000
Premium/Discount to List
-$4,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%

Purchase Details

Closed on
Aug 22, 2012
Sold by
Muller Sherry A
Bought by
45Th Lane Land Trust #3953-3959 and St Surin Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2011
Sold by
Samin Group Llc
Bought by
Muller Sherry A

Purchase Details

Closed on
Jan 1, 2003
Sold by
Samin Group Ltd Inc
Bought by
Samin Group Llc

Purchase Details

Closed on
Nov 19, 1997
Sold by
Garcia Charles M and Garcia Martha M
Bought by
Samin Group Limited Inc

Purchase Details

Closed on
Apr 22, 1994
Sold by
Knute Russell R and Knute Cecile P
Bought by
Garcia Charles M and Garcia Martha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,600
Interest Rate
7.77%
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
Campos Miguel $467,500 Standard Title Ins Agency In
Jj Enterprises Of Wellington Llc $355,000 Pinnacle Land Title Inc
45Th Lane Land Trust #3953-3959 $155,000 Attorney
Muller Sherry A -- Attorney
Samin Group Llc -- --
Samin Group Limited Inc $127,000 --
Garcia Charles M $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campos Miguel $350,625
Previous Owner 45Th Lane Land Trust #3953-3959 $160,000
Previous Owner Garcia Charles M $82,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2018 02/09/18 Sold $467,500 -3.6% $119 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
12/07/2017 12/07/17 For Sale $485,000 +36.6% $124 / Sq Ft
02/27/2015 02/27/15 Sold $355,000 -1.1% $91 / Sq Ft View Prior Sale
01/28/2015 01/28/15 Pending -- -- --
01/18/2015 01/18/15 For Sale $359,000 -- $92 / 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 $13,111 $642,923 -- --
2023 $11,954 $584,475 $257,233 $401,542
2022 $11,208 $531,341 $0 $0
2021 $10,083 $483,037 $189,473 $293,564
2020 $9,732 $461,516 $200,000 $261,516
2019 $10,067 $473,226 $200,000 $273,226
2018 $7,545 $431,166 $192,780 $238,386
2017 $6,613 $338,186 $96,390 $241,796
2016 $5,970 $267,370 $0 $0
2015 $5,100 $189,155 $0 $0
2014 $4,620 $171,959 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10387840

BeachesMLS

APN: 00-43-44-30-01-080-0031