$230,000
SOLD MAR 8, 2019

513 58th St West Palm Beach, FL 33407

Northwood Harbor Neighborhood
-- Bed
-- Bath
1,505 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$153 Per Sq Ft

8% Below List Price

186 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • No Heating
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • 1-Story Property

About This Home

As of April 2022

Nicely renovated 3 unit building. 2 - 1 bedroom units and 1 Studio , all leased with great tenants. Great turn key condition. Off street parking. Tenants pay pro-rated water/sewer/trash. 2400.00 monthly rental income. Nice investment property.

Last Agent to Sell the Property

Ken Best

Members Realty Group License #3218175 Listed on: 08/07/2018

Last Buyer's Agent

Ken Best

Members Realty Group License #3218175 Listed on: 08/07/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,821

Year Built

  • Built in 1949

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 1,505 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • No Home Owners Association
  • 3 Units
  • North Palm Bch 3 Condos
  • North Palm Bch 3 Subdivision

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 74434304060480270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,821

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1949
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Directions: US1 to 58th Street....East of US 1.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: NORTH PALM BCH 3
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 1505
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NORTH PALM BCH 3
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 74434304060480270
  • Zoning: SF7 (cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2821

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Apr 14, 2022
Sold by
John Freeland
Bought by
Banfe Albert C
Seller's Agent
Jon Schmitt
True Patriot Property Management
Buyer's Agent
James Hill
Ibero Property Management & Real Estate Services
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%
Current Estimated Value
$498,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,651
Avg. Annual Appreciation
1.95%
Original Mortgage
$356,250
Outstanding Balance
$335,272
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$171,292

Purchase Details

Listed on
Sep 13, 2020
Closed on
Dec 14, 2020
Sold by
Moxi Properties Llc
Bought by
Freeland John
Seller's Agent
Ken Best
Members Realty Group
List Price
$274,900
Sold Price
$262,500
Premium/Discount to List
-$12,400
-4.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.19%
Original Mortgage
$196,875
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2018
Closed on
Mar 8, 2019
Sold by
513 58Th Str Llc
Bought by
Moxi Properties Llc
Seller's Agent
Ken Best
Members Realty Group
Buyer's Agent
Ken Best
Members Realty Group
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%

Purchase Details

Listed on
Sep 23, 2016
Closed on
Oct 19, 2016
Sold by
Cendales William
Bought by
513 58Th Str Llc
Seller's Agent
Kelley Herrmann
Gulfstream Properties
Buyer's Agent
Ken Best
Members Realty Group LLC
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.29%

Purchase Details

Listed on
Jan 21, 2016
Closed on
Mar 21, 2016
Sold by
Vidal Andres E
Bought by
Cendales William
Seller's Agent
Stephen Jaworski
Prodigy Properties LLC
Buyer's Agent
Caroline Harper
Compass Florida, LLC (Jupiter)
List Price
$144,900
Sold Price
$132,600
Premium/Discount to List
-$12,300
-8.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.63%
Original Mortgage
$99,450
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2002
Sold by
Groce Randall R and Groce Lori A
Bought by
Shaudys Jonathan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
6.98%

Purchase Details

Closed on
Apr 4, 1996
Sold by
Groce Randall R
Bought by
Groce Randall R
Source: Public Records

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Range of Values:

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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 $475,000 Lantz Ronald K
Warranty Deed $262,500 Trident Title
Warranty Deed $230,000 Trident Ttl A Div Of Landcas
Warranty Deed $155,000 None Available
Warranty Deed $132,600 None Available
Warranty Deed $92,000 Universal Land Title Inc
Warranty Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,250 New Conventional
Previous Owner $196,875 New Conventional
Previous Owner $99,450 New Conventional
Previous Owner $82,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $475,000 -4.0% $316 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $495,000 +88.6% $329 / Sq Ft
12/14/2020 12/14/20 Sold $262,500 -0.9% $174 / Sq Ft
11/07/2020 11/07/20 Price Changed $264,900 -1.9% $176 / Sq Ft
10/05/2020 10/05/20 Price Changed $269,900 -1.8% $179 / Sq Ft
09/13/2020 09/13/20 For Sale $274,900 +19.5% $183 / Sq Ft
03/08/2019 03/08/19 Sold $230,000 -6.5% $153 / Sq Ft
02/08/2019 02/08/19 Pending -- -- --
02/06/2019 02/06/19 Price Changed $245,900 -1.6% $163 / Sq Ft
12/06/2018 12/06/18 For Sale $249,900 0.0% $166 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
08/28/2018 08/28/18 Price Changed $249,900 -3.8% $166 / Sq Ft
08/08/2018 08/08/18 Price Changed $259,900 +4.0% $173 / Sq Ft
08/06/2018 08/06/18 For Sale $249,900 0.0% $166 / Sq Ft
03/21/2017 03/21/17 Rented -- -- --
02/19/2017 02/19/17 Under Contract -- -- --
01/18/2017 01/18/17 For Rent $850 0.0% --
11/02/2016 11/02/16 Sold $155,000 -6.1% $127 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $165,000 +24.4% $135 / Sq Ft
03/21/2016 03/21/16 Sold $132,600 -8.5% $108 / Sq Ft
02/20/2016 02/20/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $144,900 -- $118 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $8,242 $363,620 -- --
2023 $7,216 $330,564 $136,472 $194,092
2022 $5,712 $243,239 $0 $0
2021 $5,201 $221,126 $61,600 $159,526
2020 $4,655 $194,103 $52,800 $141,303
2019 $3,696 $163,264 $48,400 $114,864
2018 $3,101 $131,041 $44,253 $86,788
2017 $2,821 $117,308 $30,520 $86,788
2016 $1,720 $65,814 $0 $0
2015 $2,060 $78,804 $0 $0
2014 $2,007 $74,349 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jon Schmitt

    Seller's Agent in 2022

    Jon Schmitt

    True Patriot Property Management

    (561) 376-0232

    1 in this area

    35 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2022

    Sonia Schmitt

    True Patriot Property Management

    (561) 376-0232

    1 in this area

    17 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    James Hill

    Ibero Property Management & Real Estate Services

    (561) 281-7243

    1 in this area

    3 Total Sales

    Section Image
  • Ken Best

    Seller's Agent in 2020

    Ken Best

    Members Realty Group

    (561) 275-1554

    1 in this area

    31 Total Sales

    Section Image

  • S

    Seller's Agent in 2016

    Stephen Jaworski

    Prodigy Properties LLC

  • K

    Seller's Agent in 2016

    Kelley Herrmann

    Gulfstream Properties

    (561) 689-4766

    10 Total Sales

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10517286

MIAMI REALTORS® MLS

APN: 74-43-43-04-06-048-0270

Florida Palm Beach County West Palm Beach 33407 Northwood Harbor

513 58th St, West Palm Beach, FL

This home is located at 513 58th St, West Palm Beach, FL 33407 and is currently priced at $230,000, approximately $152 per square foot. This property was built in 1949. 513 58th 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.

MIAMI REALTORS® MLS 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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