NOT LISTED FOR SALE

4205 Spruce Ave West Palm Beach, FL 33407

Northwood Neighborhood

Estimated Value: $503,000 - $761,000

3 Beds
2 Baths
1,680 Sq Ft
$372/Sq Ft Est. Value

Last Sold December 22, 2015

Last sale price $134,000 $80 Per Sq Ft

Est. 367% increase in value since last sale

Current estimated payment $3,885/month

72 Days on Market

Highlights

  • Corner Lot
  • Ceiling Fan
  • Carpet
  • Cooling System Mounted To A Wall/Window
  • Fenced
  • No Heating

About This Home

As of December 2015

Own investment property in a great location just west of Flagler Drive! This property consists of 2 buildings. Two 3 bedroom, 1 bath units and one efficiency. Conveniently located and close to restaurants, shopping and main access roads. Great investment opportunity!

Last Agent to Sell the Property

Amanda Glass

Sandals Realty Group, Inc. License #3088920 Listed on: 09/09/2015

Last Buyer's Agent

Amanda Glass

Sandals Realty Group, Inc. License #3088920 Listed on: 09/09/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,597

Year Built

  • Built in 1926

Lot Details

  • 5,252 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Triplex
  • Frame Construction

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Schools

  • John F. Kennedy Middle School
  • Palm Beach Lakes High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Well

Community Details

  • 3 Units
  • North Palm Bch 1 Subdivision

Listing and Financial Details

  • Rent includes electricity, gas
  • Assessor Parcel Number 74434304040140430

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,597

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Corner of 41st St. and Spruce Ave. 1 block west of Flagler Dr.
  • Year Built: 1926
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl
  • Living Area: 1680.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Roof: Other

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Gas
  • Senior Community: No

Schools

  • High School: Palm Beach Lakes
  • Middle Or Junior School: John F. Kennedy (Palm Beach)

Lot Info

  • Parcel #: 74434304040140430
  • Current Use: Farm
  • Lot Size: 105.0 ft x 50.0 ft
  • Lot Size Sq Ft: 5252.0
  • Zoning Description: SF7

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2597.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2015
Closed on
Dec 22, 2015
Sold by
Fannie Mae
Bought by
Flamingo Properties 4105 Llc
Seller's Agent
Amanda Glass
Sandals Realty Group, Inc.
Buyer's Agent
Amanda Glass
Sandals Realty Group, Inc.
List Price
$149,900
Sold Price
$134,000
Premium/Discount to List
-$15,900
-10.61%
Current Estimated Value
$625,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,497
Avg. Annual Appreciation
16.78%

Purchase Details

Closed on
Jul 28, 2015
Sold by
Beacy Stephen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 10, 2015
Sold by
Advanced Global Assets Inc
Bought by
Beachy Stephen

Purchase Details

Closed on
Mar 9, 2015
Sold by
Beachy Stephen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 30, 2007
Sold by
Beachy Stephen Michael
Bought by
Advanced Global Assets Inc

Purchase Details

Closed on
Dec 31, 2003
Sold by
Klubnik Gretta
Bought by
Beachy Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,750
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2002
Sold by
Willer David
Bought by
Klubnik Gretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
8.25%

Purchase Details

Closed on
Sep 28, 1998
Sold by
Capital Venture Group
Bought by
Willer David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 1998
Sold by
Calpitano Rick P
Bought by
Capital Venture Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 1998
Sold by
Capital Venture Grp
Bought by
Calpitano Rick P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 1997
Sold by
Pr Roger W Blair
Bought by
Capital Venture Group Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Flamingo Properties 4105 Llc $134,000 Attorney
Federal National Mortgage Association -- None Available
Beachy Stephen -- None Available
Federal National Mortgage Association -- None Available
Advanced Global Assets Inc -- First Fl Title Of Tampa Bay
Beachy Stephen $197,500 Universal Land Title Inc
Klubnik Gretta $127,000 Express Land Title Inc
Willer David $120,000 --
Capital Venture Group Llc $100 --
Calpitano Rick P $100 --
Capital Venture Group Llc $45,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beachy Stephen $177,750
Previous Owner Klubnik Gretta $101,600
Previous Owner Capital Venture Group Llc $96,000
Previous Owner Capital Venture Group Llc $63,000
Previous Owner Capital Venture Group Llc $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2015 12/22/15 Sold $134,000 -10.6% $80 / Sq Ft
11/22/2015 11/22/15 Pending -- -- --
09/10/2015 09/10/15 For Sale $149,900 -- $89 / 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 $6,989 $248,884 -- --
2023 $6,373 $226,258 $132,792 $266,615
2022 $5,558 $205,689 $0 $0
2021 $4,738 $201,770 $70,000 $131,770
2020 $4,420 $187,478 $65,000 $122,478
2019 $4,263 $191,560 $65,000 $126,560
2018 $3,609 $155,519 $53,441 $102,078
2017 $3,300 $139,324 $35,627 $103,697
2016 $3,018 $116,105 $0 $0
2015 $2,880 $96,972 $0 $0
2014 $2,597 $88,156 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Amanda Glass

    Sandals Realty Group, Inc.

    (561) 651-4159

    93 Total Sales

    Amanda Glass
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Map

Source: BeachesMLS

MLS Number: R10166610

BeachesMLS

APN: 74-43-43-04-04-014-0430

Florida Palm Beach County West Palm Beach 33407 Northwood

4205 Spruce Ave, West Palm Beach, FL

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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