NOT LISTED FOR SALE

515 Putnam Rd West Palm Beach, FL 33405

South End Neighborhood

Estimated Value: $436,000 - $448,000

4 Beds
2 Baths
1,407 Sq Ft
$315/Sq Ft Est. Value

Last Sold February 14, 2025

Last sale price $443,000 $315 Per Sq Ft

Current estimated payment $2,946/month

198 Days on Market

About This Home

As of February 2025

Fantastic duplex available in West Palm Beach. This is an ideal rental property or potential house hack opportunity. Tenants in place with annual leases. Excellent location minutes to the beach, I95, and shopping/dining.

Last Agent to Sell the Property

Scott Alexander

Kanga Property Management License #3238402 Listed on: 07/31/2024

Kanga Property Management

Last Buyer's Agent

Scott Alexander

Kanga Property Management License #3238402 Listed on: 07/31/2024

Kanga Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,603

Year Built

  • Built in 1923

Lot Details

  • 5,097

Home Design

  • Duplex
  • Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 1,407 Sq Ft Home
  • 2-Story Property

Flooring

  • Ceramic Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434404040270270

Community Details

Overview

  • 2 Units
  • Colonial Estates Subdivision

Building Details

  • Operating Expense $14,545
  • Net Operating Income $27,755

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,603

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I-95 GO EAST ON SOUTHERN SOUTH ON DIXIE HWY WEST ON PUTNAM
  • Year Built: 1923
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 1407.0

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Tar/Gravel

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434404040270270
  • Lot Size: < 1/4 Acre
  • Zoning Description: sf14

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 27755.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 14545.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6603.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Feb 14, 2025
Sold by
515 Putnam Road Llc
Bought by
Hafeez Qayyum and Shah Bibi
Seller's Agent
Scott Alexander
Kanga Property Management
Buyer's Agent
Scott Alexander
Kanga Property Management
List Price
$469,000
Sold Price
$443,000
Premium/Discount to List
-$26,000
-5.54%
Total Days on Market
198
Views
65
Current Estimated Value
$443,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388
Avg. Annual Appreciation
0.27%
Original Mortgage
$348,641
Outstanding Balance
$348,060
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$95,328

Purchase Details

Closed on
Jul 28, 2022
Sold by
Cma Properties Llc
Bought by
515 Putnam Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,030,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2016
Closed on
May 6, 2016
Sold by
Dalland Properties Lp
Bought by
Cma Properties Llc
Seller's Agent
Rene Sanchez
Blue Door Real Estate Group LLC
Buyer's Agent
Damien Barr
KangaRealty
List Price
$119,000
Sold Price
$66,000
Premium/Discount to List
-$53,000
-44.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.23%

Purchase Details

Closed on
May 25, 2012
Sold by
Mount Vernon Holdings Llc
Bought by
Dalland Properties Lp

Purchase Details

Closed on
Jul 31, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Lalwani Anil

Purchase Details

Closed on
Feb 21, 2008
Sold by
Jeoboam Marie S
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-7

Purchase Details

Closed on
Jul 14, 2006
Sold by
Diamante Amy
Bought by
Jeoboam Marie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,800
Interest Rate
8.12%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 11, 2003
Sold by
Home 4 U Inc
Bought by
Diamante Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2002
Sold by
Miramontes Hector and Miramontes Marisel
Bought by
Home 4 U Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2002
Sold by
Home 4 U Inc
Bought by
Miramontes Hector

Purchase Details

Closed on
Jan 7, 2002
Sold by
Vanhorn Jay S and Vanhorn Gail P
Bought by
Home 4 U Inc
Source: Public Records

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Range of Values:

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Average Value
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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
Hafeez Qayyum $443,000 None Listed On Document
Hafeez Qayyum $443,000 None Listed On Document
515 Putnam Road Llc $322,222 Dennison Law & Title
Cma Properties Llc $66,000 Pinnacle Land And Title Inc
Dalland Properties Lp $1,850,000 Lighthouse Title Svcs Inc
Lalwani Anil $82,000 Integrity Title Services Inc
Deutsche Bank National Trust Co -- None Available
Jeoboam Marie S $238,500 Attorney
Diamante Amy $133,000 --
Home 4 U Inc $70,000 --
Miramontes Hector $49,900 --
Home 4 U Inc $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hafeez Qayyum $348,641
Closed Hafeez Qayyum $348,641
Previous Owner 515 Putnam Road Llc $2,030,000
Previous Owner Jeoboam Marie S $190,800
Previous Owner Diamante Dennis $2,098
Previous Owner Diamante Dennis $148,500
Previous Owner Diamante Amy $106,400
Previous Owner Home 4 U Inc $80,000
Closed Home 4 U Inc $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $443,000 -5.5% $315 / Sq Ft
10/22/2024 10/22/24 For Sale $469,000 +5.9% $333 / Sq Ft
08/29/2024 08/29/24 Off Market $443,000 -- --
07/31/2024 07/31/24 For Sale $469,000 0.0% $333 / Sq Ft
08/11/2016 08/11/16 Rented $1,050 -4.5% --
07/12/2016 07/12/16 Under Contract -- -- --
06/14/2016 06/14/16 For Rent $1,100 0.0% --
05/06/2016 05/06/16 Sold $66,000 -44.5% $54 / Sq Ft
02/05/2016 02/05/16 For Sale $119,000 -- $98 / 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 $7,111 $327,406 -- --
2023 $6,603 $300,776 $125,970 $174,806
2022 $5,126 $210,766 $0 $0
2021 $4,758 $220,643 $89,100 $131,543
2020 $4,393 $199,358 $72,900 $126,458
2019 $4,034 $175,998 $56,700 $119,298
2018 $3,485 $155,225 $54,697 $100,528
2017 $3,118 $130,868 $34,186 $96,682
2016 $2,397 $89,445 $0 $0
2015 $2,284 $81,314 $0 $0
2014 $2,087 $73,922 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Scott Alexander

    Kanga Property Management

    (561) 386-6472

    2 in this area

    50 Total Sales

    Scott Alexander
    Section Image
  • Rene Sanchez

    Seller's Agent in 2016

    Rene Sanchez

    Blue Door Real Estate Group LLC

    (305) 363-5990

    44 Total Sales

    Rene Sanchez
    Section Image

  • D

    Buyer's Agent in 2016

    Damien Barr

    KangaRealty

See All Agents

Map

Source: BeachesMLS

MLS Number: R11008525

BeachesMLS

APN: 74-43-44-04-04-027-0270

Florida Palm Beach County West Palm Beach 33405 South End

515 Putnam Rd, West Palm Beach, FL

This home is located at 515 Putnam Rd, West Palm Beach, FL 33405 since 31 July 2024 and is currently estimated at $443,388, approximately $315 per square foot. This property was built in 1923. 515 Putnam Rd is a home located in Palm Beach County with nearby schools including South Olive Elementary School, Conniston Middle School, and Forest Hill 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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