$450,000
SOLD APR 2, 2025
-- Bed
-- Bath
2,085 Sq Ft
0.29 Acres

Recently Sold

$216 Per Sq Ft

25% Below List Price

148 Days on Market

Highlights

  • Screened Porch
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of April 2025

Large CBS duplex in a great rental area with no HOA. Approximately 2,000 sq ft. Features Central A/C, tile floors, screened porches, separate electrical meter, well water, and septic. Currently on a month-to-month lease and tenant-occupied.

Last Agent to Sell the Property

Kevin Oh

KW Reserve Palm Beach License #3425915 Listed on: 10/18/2024

KW Reserve Palm Beach

Last Buyer's Agent

Jeff Tricoli

KW Reserve Palm Beach License #3082942

KW Reserve Palm Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,525

Year Built

  • Built in 1980

Lot Details

  • 0.29 Acre Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,085 Sq Ft Home
  • 1-Story Property
  • Screened Porch
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 00424425000003580

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,200
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,525

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: S. Military turn right onto Forest Ln
  • Year Built: 1980
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2085.0

Exterior Features

  • Exterior Features: Enclosed Porch
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00424425000003580
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 12824.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 36000.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 4200.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5525.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Apr 2, 2025
Sold by
Parker Projects Inc
Bought by
Alfaro Leonidas
Seller's Agent
Kevin Oh
KW Reserve Palm Beach
Buyer's Agent
Jeff Tricoli
KW Reserve Palm Beach
List Price
$599,000
Sold Price
$450,000
Premium/Discount to List
-$149,000
-24.87%
Views
46
Current Estimated Value
$472,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,687
Avg. Annual Appreciation
55.22%

Purchase Details

Closed on
Sep 3, 2003
Sold by
Delgado Miguel
Bought by
Parker Projects Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,900
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2001
Sold by
Runge Lily D
Bought by
Delgado Miguel
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 Type Sale Price Title Company
Warranty Deed $450,000 Level 10 Title
Warranty Deed $157,000 --
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $109,900 Purchase Money Mortgage
Previous Owner $77,226 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 Sold $450,000 -18.0% $216 / Sq Ft
03/15/2025 03/15/25 Pending -- -- --
02/04/2025 02/04/25 Price Changed $549,000 -8.3% $263 / Sq Ft
10/18/2024 10/18/24 For Sale $599,000 -- $287 / 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 $5,525 $216,905 -- --
2023 $5,301 $197,186 $136,125 $231,331
2022 $5,223 $179,260 $0 $0
2021 $4,339 $255,637 $128,250 $127,387
2020 $3,779 $196,255 $68,000 $128,255
2019 $3,662 $192,419 $68,000 $124,419
2018 $3,092 $171,925 $67,245 $104,680
2017 $2,861 $156,407 $51,727 $104,680
2016 $2,679 $101,187 $0 $0
2015 $2,659 $91,988 $0 $0
2014 $2,221 $83,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11029655

BeachesMLS

APN: 00-42-44-25-00-000-3580