NOT LISTED FOR SALE

Estimated Value: $542,000 - $873,000

2 Beds
2 Baths
1,547 Sq Ft
$414/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $325,000 $210 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,022/month

23 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Ceiling Fan

About This Home

As of July 2021

This charming and well maintained duplex in a convenient location is just 10 minutes to downtown West Palm, West Palm public beach and Palm Beach Intl Airport. This property is perfect for those looking to invest in an Airbnb nightly rental property or rent annually. Each unit is 1 bedroom, 1 bath, with one unit offering a big bonus space that could be converted to a 2nd bedroom. Current rents are $2400 and under market. Updated kitchens and electrical panel, AC units, tile floors, ~5 year old roof, drive way and off street parking, and large yard make this the perfect investment to any portfolio or first time investor!

Last Agent to Sell the Property

Tiana Ponti Morales

Lamacchia Realty, Inc. License #3474621 Listed on: 06/18/2021

Lamacchia Realty, Inc.

Last Buyer's Agent

Bruno Rodriguez

Nest Seekers Florida, LLC License #3326104

Nest Seekers Florida, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,223

Year Built

  • Built in 1947

Lot Details

  • 6,930 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,547 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434404040140100

Community Details

Overview

  • 2 Units
  • Colonial Estates Subdivision

Building Details

  • Operating Expense $3,300
  • Net Operating Income $25,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,223

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: 95 to Forrest Hill exit. Left on Dixie Highway. Left on Nathan Hale Rd, property on the left.
  • Year Built: 1947
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other, Tile
  • Living Area: 1547.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434404040140100
  • Lot Size Sq Ft: 6930.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 25500.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 3300.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3223.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 9, 2021
Sold by
Krenz Jerry
Bought by
Jigu Llc
Seller's Agent
Tiana Ponti Morales
Lamacchia Realty, Inc.
Buyer's Agent
Bruno Rodriguez
Nest Seekers Florida, LLC
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%
Current Estimated Value
$640,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,565
Avg. Annual Appreciation
14.44%

Purchase Details

Closed on
May 31, 2019
Sold by
Krenz Christine
Bought by
Krenz Jerry

Purchase Details

Closed on
Jan 21, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Krenz Jerry

Purchase Details

Closed on
Mar 21, 2001
Sold by
James W Loeschen I
Bought by
Mas Javier M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,750
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 1995
Sold by
Grantham Kirk and Grantham Cheryl
Bought by
Loeschen James
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
Jigu Llc $325,000 Attorney
Krenz Jerry -- Attorney
Krenz Jerry $75,039 Attorney
Mas Javier M $90,500 --
Loeschen James $23,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mas Javier M $89,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $325,000 -6.9% $210 / Sq Ft
06/18/2021 06/18/21 For Sale $349,000 -- $226 / 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 $7,508 $327,263 -- --
2023 $7,158 $297,512 $189,335 $204,586
2022 $6,101 $270,465 $0 $0
2021 $3,416 $181,051 $84,645 $96,406
2020 $3,223 $171,981 $69,255 $102,726
2019 $2,966 $151,429 $53,865 $97,564
2018 $2,457 $122,752 $51,962 $70,790
2017 $2,177 $101,986 $32,476 $69,510
2016 $2,143 $74,306 $0 $0
2015 $2,050 $67,551 $0 $0
2014 $1,869 $61,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10725172

BeachesMLS

APN: 74-43-44-04-04-014-0100