NOT LISTED FOR SALE

512 46th St West Palm Beach, FL 33407

Northwood Harbor Neighborhood

Estimated Value: $622,000 - $1,223,000

6 Beds
6 Baths
3,613 Sq Ft
$248/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $265,000 $73 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $5,990/month

272 Days on Market

Highlights

  • 10,509 Sq Ft lot
  • Central Heating and Cooling System
  • 4-minute walk to Gettler Park
  • Wood Flooring
  • Fenced

About This Home

As of March 2017

Income: rental propertyUnit 1-3/2,Unit 2 1/1 Unit and 3 one bed room 1 bath. Main house with attached 1/1 efficiency plus 2 separate buildings with 3 additional 1/1 units. There is a common on-site laundry room. Excellent long term Cash Flow. Call La for more information''Property being sold as-is.''

Last Agent to Sell the Property

James Kelly

Apogee Team Realty, LLC License #3225138 Listed on: 05/25/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,495

Year Built

  • Built in 1958

Lot Details

  • 10,509 Sq Ft Lot
  • Fenced

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,613 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $44,040
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 74434304040180050

Community Details

Overview

  • 4 Units
  • North Palm Bch 1 Subdivision

Building Details

  • Operating Expense $13,570
  • Net Operating Income $30,470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,495

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: I-95 TO 45TH ST. EAST TO SPRUCE AVE N 1 BLK TO 46TH ST.
  • Year Built: 1958
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Living Area: 3613.0

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434304040180050
  • Lot Size Sq Ft: 10509.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 30470.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 13570.0
  • Total Actual Rent: 44040.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5495.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2018
Sold by
512 46Th Street Llc
Bought by
Green Kimberly
Current Estimated Value
$897,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Outstanding Balance
$214,739
Interest Rate
4.7%
Mortgage Type
Commercial
Estimated Equity
$682,605

Purchase Details

Listed on
May 25, 2016
Closed on
Mar 20, 2017
Sold by
South Pointe Property Fund Llc
Bought by
512 46Th Street Llc
Seller's Agent
James Kelly
Apogee Team Realty, LLC
List Price
$375,000
Sold Price
$265,000
Premium/Discount to List
-$110,000
-29.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.53%

Purchase Details

Listed on
Jan 25, 2015
Closed on
Apr 21, 2015
Sold by
Philde Investments Llc
Bought by
South Pointe Property Fund Llc
Seller's Agent
Jim Holmquist
Premier Brokers International
Buyer's Agent
James Kelly
Apogee Team Realty, LLC
List Price
$299,500
Sold Price
$260,000
Premium/Discount to List
-$39,500
-13.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.99%

Purchase Details

Closed on
Apr 12, 2013
Sold by
Addlesberger Scott and Scott A Addlesberger Revocable
Bought by
Philde Investments Llc

Purchase Details

Closed on
Dec 7, 2004
Sold by
Addlesberger Scott
Bought by
Addlesberger Scott and Scott A Addlesberger Revocable Trust

Purchase Details

Closed on
Oct 10, 2003
Sold by
Schmidtchen Joanna and Montisanti Joanna
Bought by
Addlesberger Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2002
Sold by
Schmidtchen Jeffrey and Schmidtchen Joanna
Bought by
Schmidtchen Joanna

Purchase Details

Closed on
Aug 7, 1995
Sold by
Allison J Richard and Allison Annette D
Bought by
Montisanti Joanna
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
Green Kimberly $400,000 Lighthouse Title Services Ll
512 46Th Street Llc $265,000 Signature Title Florida Part
South Pointe Property Fund Llc $260,000 None Available
Philde Investments Llc $155,000 Universal Land Title Llc
Addlesberger Scott -- --
Addlesberger Scott $230,000 Flagler Title Company
Schmidtchen Joanna -- --
Montisanti Joanna $86,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Kimberly $243,750
Previous Owner Addlesberger Scott $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $265,000 -29.3% $73 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
05/25/2016 05/25/16 For Sale $375,000 0.0% $104 / Sq Ft
07/13/2015 07/13/15 Rented $1,150 0.0% --
06/13/2015 06/13/15 Under Contract -- -- --
06/11/2015 06/11/15 For Rent $1,150 0.0% --
04/21/2015 04/21/15 Sold $260,000 -13.2% $72 / Sq Ft
03/22/2015 03/22/15 Pending -- -- --
01/25/2015 01/25/15 For Sale $299,500 0.0% $83 / Sq Ft
05/05/2014 05/05/14 Rented $1,150 -8.0% --
04/05/2014 04/05/14 Under Contract -- -- --
12/05/2013 12/05/13 For Rent $1,250 -- --
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 $13,325 $525,300 -- --
2023 $12,324 $477,545 $292,712 $399,339
2022 $10,546 $434,132 $0 $0
2021 $9,870 $427,413 $70,000 $357,413
2020 $9,193 $395,438 $84,000 $311,438
2019 $8,300 $326,169 $77,000 $249,169
2018 $6,904 $281,347 $72,337 $209,010
2017 $5,735 $300,951 $49,888 $251,063
2016 $4,724 $180,212 $0 $0
2015 $5,495 $208,777 $0 $0
2014 $5,517 $207,014 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    James Kelly

    Apogee Team Realty, LLC

    (561) 932-6487

    33 Total Sales

    James Kelly
    Section Image
  • Jim Holmquist

    Seller's Agent in 2015

    Jim Holmquist

    Premier Brokers International

    (561) 847-1936

    56 Total Sales

    Jim Holmquist
    Section Image
  • Akweita Emanuel

    Seller's Agent in 2014

    Akweita Emanuel

    United Realty Group, Inc

    (561) 231-0367

    6 Total Sales

    Akweita Emanuel
    Section Image

  • R

    Buyer's Agent in 2014

    Ronald Curtis

    Sandals Realty Group, Inc.

    (561) 818-9491

    7 Total Sales

    Ronald Curtis
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10237919

BeachesMLS

APN: 74-43-43-04-04-018-0050

Florida Palm Beach County West Palm Beach 33407 Northwood Harbor

512 46th St, West Palm Beach, FL

This home is located at 512 46th St, West Palm Beach, FL 33407 since 25 May 2016 and is currently estimated at $897,344, approximately $248 per square foot. This property was built in 1958. 512 46th St is a home located in Palm Beach County with nearby schools including Northmore Elementary School, John F. Kennedy Middle School, and Palm Beach Lakes Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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