NOT LISTED FOR SALE

Estimated Value: $415,000 - $617,000

-- Bed
2 Baths
2,058 Sq Ft
$254/Sq Ft Est. Value

Last Sold January 09, 2018

Last sale price $242,000 $118 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,409/month

148 Days on Market

Highlights

  • Patio
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of January 2018

Great investment property! Large corner lot Duplex located in West Palm Beach close to I-95, shopping and Southern Blvd. Currently rented with seasoned tenants for both units.

Last Agent to Sell the Property

Cherie Martinez

Paradise Real Estate Intl License #3261978 Listed on: 07/14/2017

Paradise Real Estate Intl

Last Buyer's Agent

Joseph Gonzalez

Partnership Realty Inc. License #3252480

Partnership Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,491

Year Built

  • Built in 1975

Lot Details

  • 0.32

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,058 Sq Ft Home
  • 1-Story Property
  • Double Hung Metal Windows
  • Ceramic Tile Flooring

Outdoor Features

  • Patio

Schools

  • Palm Springs Middle School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424401000007980

Community Details

Overview

  • 2 Units
  • Model Land Company Plat # Subdivision

Building Details

  • Operating Expense $8,500
  • Net Operating Income $7,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,491

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Military Trail North of Summit Blvd., turn West onto Gardenette Street. Property at end of street on left corner
  • Year Built: 1975
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2058.0
  • Window Features: Double Hung, Metal

Exterior Features

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

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • Middle Or Junior School: Palm Springs

Lot Info

  • Parcel #: 00424401000007980
  • Zoning Description: Rm

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 7500.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 8500.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2491.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2017
Closed on
Dec 28, 2017
Sold by
Martinez Matthew L
Bought by
Cuellar Janet
Seller's Agent
Cherie Martinez
Paradise Real Estate Intl
Buyer's Agent
Joseph Gonzalez
Partnership Realty Inc.
List Price
$252,500
Sold Price
$242,000
Premium/Discount to List
-$10,500
-4.16%
Current Estimated Value
$522,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,823
Avg. Annual Appreciation
11.24%
Original Mortgage
$205,700
Outstanding Balance
$175,821
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$366,862

Purchase Details

Listed on
Oct 8, 2012
Closed on
Oct 30, 2012
Sold by
Mccormick 105 Llc
Bought by
Martinez Matthew L
Seller's Agent
Michael Kovacs
Illustrated Properties LLC
Buyer's Agent
Debra Grogis
Partnership Realty Inc.
List Price
$74,900
Sold Price
$67,500
Premium/Discount to List
-$7,400
-9.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.89%

Purchase Details

Closed on
Aug 15, 2012
Sold by
Felt George D and Felt Sharon G
Bought by
Mccormick 105 Llc

Purchase Details

Closed on
Oct 8, 1998
Sold by
Pr Sharon G Felt
Bought by
Felt Sharon G
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
Cuellar Janet $242,000 Sage Title & Escrow Svcs Inc
Martinez Matthew L $67,500 Attorney
Mccormick 105 Llc $73,700 Attorney
Felt Sharon G $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuellar Janet $205,700
Previous Owner Felt George D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2018 01/09/18 Sold $242,000 -4.2% $118 / Sq Ft
12/10/2017 12/10/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $252,500 +274.1% $123 / Sq Ft
10/31/2012 10/31/12 Sold $67,500 -9.9% $33 / Sq Ft
10/08/2012 10/08/12 For Sale $74,900 -- $36 / 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 $6,263 $290,742 -- --
2023 $5,499 $264,311 $151,509 $165,640
2022 $5,281 $240,283 $0 $0
2021 $4,631 $231,692 $111,113 $120,579
2020 $4,531 $244,302 $81,000 $163,302
2019 $4,105 $203,755 $84,000 $119,755
2018 $3,490 $164,116 $58,559 $105,557
2017 $2,800 $157,209 $45,045 $112,164
2016 $2,491 $97,578 $0 $0
2015 $2,224 $88,707 $0 $0
2014 -- $80,846 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10350628

BeachesMLS

APN: 00-42-44-01-00-000-7980