NOT LISTED FOR SALE

Estimated Value: $438,281 - $638,000

4 Beds
2 Baths
1,430 Sq Ft
$383/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $220,000 $154 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $3,429/month

27 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • No Heating
  • Shed

About This Home

As of May 2018

Duplex 1 block from Antique Row, close to shopping and restaurants in excellent rental area. Current rents are under market.Tiled throughout, upgraded kitchens and electric 2017, recent Appliances and landscaping. Recent windows and hurricane shutters.7 minutes to Beaches, 10 minutes to downtown West Palm Beach.Tenants on month to month.

Last Agent to Sell the Property

Brian Holden

Agent Group Realty License #0688612 Listed on: 04/13/2018

Agent Group Realty

Last Buyer's Agent

Brian Holden

Agent Group Realty License #0688612 Listed on: 04/13/2018

Agent Group Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,453

Year Built

  • Built in 1950

Lot Details

  • 4,807

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,430 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Schools

  • Palmetto Elementary School

Utilities

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

Additional Features

  • Shed
  • 4,807 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 74434333300000320

Community Details

Overview

  • 4 Units
  • Southern Blvd Park Subdivision

Building Details

  • Operating Expense $7,400
  • Net Operating Income $14,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,453

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: 1 block north on Southern Blvd on west side of Dixie Hwy.
  • Year Built: 1950
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1430.0

Exterior Features

  • Exterior Features: Shed
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Palmetto

Lot Info

  • Parcel #: 74434333300000320
  • Lot Size Sq Ft: 4807.0
  • Zoning Description: MF20(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 14200.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 7400.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2453.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2022
Sold by
Scheerer and Cassandra
Bought by
Scheerer Joseph and Scheerer Cassandra
Current Estimated Value
$547,570

Purchase Details

Closed on
Jun 22, 2020
Sold by
427 Conniston Llc
Bought by
Scheerer Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2018
Closed on
May 8, 2018
Sold by
Osterman Jeff
Bought by
427 Conniston Llc
Seller's Agent
Brian Holden
Agent Group Realty
Buyer's Agent
Brian Holden
Agent Group Realty
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.13%

Purchase Details

Listed on
Oct 3, 2012
Closed on
Jan 31, 2013
Sold by
Fannie Mae
Bought by
Osterman Jeff
Seller's Agent
James Viscome
Guaranteed Home Sales
Buyer's Agent
Brian Holden
Agent Group Realty
List Price
$110,000
Sold Price
$87,500
Premium/Discount to List
-$22,500
-20.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.08%

Purchase Details

Closed on
Dec 30, 2011
Sold by
Salomon William and Rosenbaum Jeanette
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 21, 2006
Sold by
Hernandez Ligia N
Bought by
Salomon William and Rosenbaum Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2004
Sold by
Brockman Jason
Bought by
Hernandez Ligia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Brockman Jason and Puentes Cristina M
Bought by
Brockman Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2002
Sold by
Crego Sergio
Bought by
Brockman Jason and Puentes Cristina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,056
Interest Rate
6.98%

Purchase Details

Closed on
Mar 11, 2002
Sold by
Hinson Jesse Ruben
Bought by
Crego Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,056
Interest Rate
6.98%
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
Scheerer Joseph -- Sorgini & Sorgini Pa
Scheerer Joseph -- Attorney
427 Conniston Llc $220,000 First International Title
Osterman Jeff $87,500 Title & Abstract Agency Of A
Federal National Mortgage Association $60,400 None Available
Salomon William $250,000 Serenity Title Insurance Inc
Hernandez Ligia N $190,000 Integrity Land Title
Brockman Jason -- Integrity Land Title
Brockman Jason $140,000 Flagler Title Company
Crego Sergio $62,500 Flagter Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scheerer Joseph $140,000
Previous Owner Salomon William $225,000
Previous Owner Hernandez Ligia N $171,000
Previous Owner Brockman Jason $136,800
Previous Owner Brockman Jason $103,056
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $220,000 -6.4% $154 / Sq Ft
04/13/2018 04/13/18 For Sale $235,000 +168.6% $164 / Sq Ft
01/31/2013 01/31/13 Sold $87,500 -20.5% $61 / Sq Ft
01/01/2013 01/01/13 Pending -- -- --
10/03/2012 10/03/12 For Sale $110,000 -- $77 / 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 $6,307 $254,371 -- --
2023 $5,982 $231,246 $0 $0
2022 $5,296 $210,224 $0 $0
2021 $4,548 $191,113 $71,300 $119,813
2020 $4,054 $166,771 $59,800 $106,971
2019 $3,825 $154,638 $46,000 $108,638
2018 $2,668 $114,585 $45,963 $68,622
2017 $2,453 $106,924 $38,302 $68,622
2016 $1,255 $88,825 $0 $0
2015 $2,174 $80,750 $0 $0
2014 $1,958 $73,409 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10423076

BeachesMLS

APN: 74-43-43-33-30-000-0320