NOT LISTED FOR SALE

Estimated Value: $814,000 - $940,000

-- Bed
4 Baths
2,533 Sq Ft
$344/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $780,000 $308 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,753/month

54 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Spanish River Community High School Rated A+
  • Central Heating and Cooling System

About This Home

As of April 2023

GREAT LOCATION IN PARADISE PALMS IN BOCA RATON..3 BEDROOM 2 BATH DUPLEX WITH LARGE SCREENED PORCH AND FENCED BACKYARD..BOTH UNITS ARE IN EXCELLENT CONDITION, TILED FLOORS THROUGHOUT..UPDATED INTERIOR ELECTRICAL PANELS...ONE OF BOCA RATON'S BEST SCHOOL DISTRICT..CLOSE TO TOWN CENTER MALL, SHOPPING, RESTAURANTS & SUGAR SAND PARK

Last Agent to Sell the Property

Frank Gentile

Compass Florida LLC License #519255 Listed on: 02/10/2023

Compass Florida LLC

Last Buyer's Agent

Frank Gentile

Compass Florida LLC License #519255 Listed on: 02/10/2023

Compass Florida LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,086

Year Built

  • Built in 1963

Lot Details

  • 10,500 Sq Ft Lot
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,533 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06424723040090050

Community Details

Overview

  • 2 Units
  • Paradise Palms Unit 4 Subdivision

Building Details

  • Operating Expense $12,646
  • Net Operating Income $61,754

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,086

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: PALMETTO PARK ROAD TO MILITARY TRAIL HEAD NORTH TO PARIDISE PALMS ON THE RIGHT SIDE
  • Year Built: 1963
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2533.0

Exterior Features

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

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 06424723040090050
  • Lot Size: 100.0 ft x 105.0 ft
  • Lot Size Sq Ft: 10500.0
  • Zoning Description: R2(cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 61754.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 12646.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9086.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Apr 19, 2023
Sold by
420 W Conference Llc
Bought by
Bathaii Mehdi and Vakili Leyla
Seller's Agent
Frank Gentile
Compass Florida LLC
Buyer's Agent
Frank Gentile
Compass Florida LLC
List Price
$879,900
Sold Price
$780,000
Premium/Discount to List
-$99,900
-11.35%
Views
222
Current Estimated Value
$870,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,378
Avg. Annual Appreciation
5.29%
Original Mortgage
$546,000
Outstanding Balance
$532,284
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$347,616

Purchase Details

Listed on
Aug 9, 2018
Closed on
Nov 12, 2018
Sold by
Wells Aaron and Montilla Luisa L
Bought by
420 W Conference Llc
Seller's Agent
Patricia Karli
Campbell&Rosemurgy Real Estate
Buyer's Agent
Kenneth Goodman
Interface Properties
List Price
$549,000
Sold Price
$495,000
Premium/Discount to List
-$54,000
-9.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
Original Mortgage
$1,500,000
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 30, 2013
Sold by
Mincher Thomas R
Bought by
Wells Aaron
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
Bathaii Mehdi $780,000 None Listed On Document
420 W Conference Llc $495,000 Bailey Woodruff Title Compan
Wells Aaron $300,000 Mizner Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bathaii Mehdi $546,000
Previous Owner 498 Conference Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $780,000 -11.4% $308 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $879,900 +77.8% $347 / Sq Ft
11/15/2018 11/15/18 Sold $495,000 +26656.8% $167 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
10/01/2018 10/01/18 Rented $1,850 -99.7% --
09/01/2018 09/01/18 Under Contract -- -- --
08/09/2018 08/09/18 For Sale $549,000 0.0% $185 / Sq Ft
06/28/2018 06/28/18 For Rent $1,850 -- --
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 $12,119 $678,682 -- --
2023 $10,000 $477,794 $226,757 $442,368
2022 $9,086 $434,358 $0 $0
2021 $7,721 $403,496 $120,000 $283,496
2020 $7,012 $358,974 $114,000 $244,974
2019 $7,413 $370,062 $114,000 $256,062
2018 $6,461 $334,863 $118,110 $216,753
2017 $6,663 $341,815 $109,361 $232,454
2016 $6,457 $322,395 $0 $0
2015 $6,181 $293,086 $0 $0
2014 $5,589 $266,442 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10865250

BeachesMLS

APN: 06-42-47-23-04-009-0050