NOT LISTED FOR SALE

Estimated Value: $621,000 - $893,000

1.67 Acres
$469,035 Price per Acre
72,745 Sq Ft Lot

Last Sold March 01, 2023

Last sale price $750,000 $514 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,023/month

251 Days on Market

About This Lot

As of March 2023

Zone RM 8 Units a acre Looking for a large private 2 acre centrally located property in the middle of the City of West Palm? Zoned Multi-family, great investment opportunity! Come see this beautiful renovated 3-bedroom, 2-bathroom home with Florida room, large office, and a beautiful back yard ready to entertain. Lots of upgrades, stainless steel appliances, new kitchen, new bathrooms, smart light switches. If you own your own business and need lots of storage space, look no further! This is a must see! ''

Last Agent to Sell the Property

Ed Muller

Palm Beach Commercial LLC License #0610362 Listed on: 04/11/2022

Last Buyer's Agent

Ed Muller

Palm Beach Commercial LLC License #0610362 Listed on: 04/11/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,307

Lot Details

  • 1.67 Acre Lot
  • Property is zoned RM

Community Details

  • Unincorporated West Palm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424324000007270

Property Details

Property Type

Land

Est. Annual Taxes

$4,307

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Business
  • Property Sub Type Additional: Commercial
  • Directions: 95 to Ok to military right to property
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Central Business District, Industrial Park
  • Waterfront: No

Lot Info

  • Parcel #: 00424324000007270
  • Current Use: Multi-Family
  • Lot Size Acres: 1.67
  • Lot Size: 235
  • Lot Size Sq Ft: 72579.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4307.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Jan 9, 2023
Sold by
Zepeda Marcos
Bought by
1115 Stallion Llc
Seller's Agent
Ed Muller
Palm Beach Commercial LLC
Buyer's Agent
Ed Muller
Palm Beach Commercial LLC
List Price
$899,000
Sold Price
$750,000
Premium/Discount to List
-$149,000
-16.57%
Current Estimated Value
$783,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,289
Avg. Annual Appreciation
1.65%
Original Mortgage
$560,000
Interest Rate
6.15%
Mortgage Type
Balloon

Purchase Details

Listed on
Apr 12, 2018
Closed on
Jun 14, 2018
Sold by
Schall Mitchell D
Bought by
Zepeda Marcos
Seller's Agent
Catherine Bartels
Continental Properties, Inc.
Buyer's Agent
Ed Muller
Palm Beach Commercial LLC
List Price
$355,000
Sold Price
$330,000
Premium/Discount to List
-$25,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.00%
Original Mortgage
$300,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 1999
Sold by
Schall Ronald C and Schall Ouida H
Bought by
Schall Mitchell D

Purchase Details

Closed on
Sep 24, 1997
Sold by
Schall Ronald C and Schall Ouida H
Bought by
Schall Mitchell D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,939
Interest Rate
7.56%
Mortgage Type
FHA
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
1115 Stallion Llc $750,000 Kpc Title
Zepeda Marcos $330,000 Attorney
Schall Mitchell D $100 --
Schall Mitchell D $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1115 Stallion Llc $560,000
Previous Owner Zepeda Marcos $300,200
Previous Owner Schall Mitchell D $69,939
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2023 03/01/23 Sold $750,000 -16.6% $514 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $899,000 +172.4% $616 / Sq Ft
06/13/2018 06/13/18 Sold $330,000 -7.0% $226 / Sq Ft View Prior Sale
05/14/2018 05/14/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $355,000 -- $243 / 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 $10,975 $644,235 -- --
2023 $7,144 $406,526 $174,151 $232,375
2022 $4,353 $271,193 $0 $0
2021 $4,307 $263,294 $0 $0
2020 $4,269 $259,659 $0 $0
2019 $4,217 $253,821 $0 $0
2018 $3,262 $167,140 $47,020 $120,120
2017 $1,173 $87,808 $0 $0
2016 $1,164 $86,002 $0 $0
2015 $1,184 $85,404 $0 $0
2014 $1,184 $84,726 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10790899

BeachesMLS

APN: 00-42-43-24-00-000-7270