NOT LISTED FOR SALE

Estimated Value: $447,661 - $466,000

4 Beds
2 Baths
1,404 Sq Ft
$328/Sq Ft Est. Value

Last Sold February 13, 2018

Last sale price $210,000 $150 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,883/month

55 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Fenced

About This Home

As of February 2018

GREAT INVESTMENT. TWO 2/1 UNITS ALREADY PRODUCING INCOME WITH LONG TERM TENANTS IN PLACE, OR OPPORTUNITY TO OCCUPY ONE SIDE AND RENT THE OTHER. NEW ELECTRICAL AND A/C. LOCATED CLOSE TO PALM BEACH STATE COLLEGE AND WALKING DISTANCE TO JOHN PRINCE PARK.

Last Agent to Sell the Property

Margaret Grady

Atlantic Florida Properties Inc License #3248875 Listed on: 11/19/2017

Atlantic Florida Properties Inc

Last Buyer's Agent

Victor Garcia

Highlight Realty Corp/LW License #3361242

Highlight Realty Corp/LW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,514

Year Built

  • Built in 1964

Lot Details

  • 8,384 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • 2 Units
  • Palm Beach Farms Co 7 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00434430011260031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,514

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Congress south of Melaleuca to Prince, west to Paetzold, property is on the sw corner of McSherry and Peatzold
  • Year Built: 1964
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1404.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00434430011260031
  • Lot Size Sq Ft: 8384.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2514.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2017
Closed on
Feb 13, 2018
Sold by
Spiak Matthew Thomas and Spiak Matthew Joseph
Bought by
Garcia Jose Luis
Seller's Agent
Margaret Grady
Atlantic Florida Properties Inc
Buyer's Agent
Victor Garcia
Highlight Realty Corp/LW
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%
Current Estimated Value
$459,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,915
Avg. Annual Appreciation
10.70%
Original Mortgage
$157,500
Outstanding Balance
$133,254
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$326,661

Purchase Details

Closed on
Dec 21, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Spiak Matthew Thomas

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
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2010
Sold by
Cadet Diaccel
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 15, 2009
Sold by
Cadet Diaccel and Cadet Suzette
Bought by
Nationwide Investment Firm Corp

Purchase Details

Closed on
Aug 21, 2002
Sold by
Packer Clarence and Packer Elizabeth
Bought by
Cadet Diaccel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
6.31%
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
Garcia Jose Luis $210,000 Attorney
Spiak Matthew Thomas $84,000 First Priority Title Company
Deutsche Bank National Trust Company -- None Available
Nationwide Investment Firm Corp -- None Available
Cadet Diaccel $125,000 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Jose Luis $157,500
Previous Owner Spiak Matthew Thomas $63,000
Previous Owner Cadet Diaccel $118,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2018 02/13/18 Sold $210,000 -2.3% $150 / Sq Ft
01/14/2018 01/14/18 Pending -- -- --
11/19/2017 11/19/17 For Sale $215,000 -- $153 / 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 $5,571 $260,101 -- --
2023 $5,120 $236,455 $133,926 $144,901
2022 $4,792 $214,959 $0 $0
2021 $4,266 $195,417 $91,979 $103,438
2020 $4,265 $195,080 $100,000 $95,080
2019 $4,398 $199,401 $100,000 $99,401
2018 $2,944 $185,569 $96,390 $89,179
2017 $2,514 $137,374 $48,195 $89,179
2016 $2,256 $82,729 $0 $0
2015 $2,179 $75,208 $0 $0
2014 $1,978 $68,371 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10383429

BeachesMLS

APN: 00-43-44-30-01-126-0031