$275,000
SOLD NOV 13, 2013
-- Bed
-- Bath
3,440 Sq Ft
6,273 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

14% Below List Price

34 Days on Market

Highlights

  • Water Views
  • Fruit Trees
  • Cooling System Mounted To A Wall/Window
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • 4-minute walk to Flamingo Park

About This Home

As of October 2017

Great investment property in historic Flamingo Park Area 4 units possibly 5 units.

Last Agent to Sell the Property

Gina Perez

Great American Realty Inc. License #0687028 Listed on: 09/09/2013

Last Buyer's Agent

Gina Perez

Great American Realty Inc. License #0687028 Listed on: 09/09/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,681

Year Built

  • Built in 1925

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,440 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Wood Flooring
  • Water Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Patio
  • Fruit Trees

Listing and Financial Details

  • Total Actual Rent $41,040
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 74434328060020130

Community Details

Overview

  • 4 Units
  • Flamingo Park Subdivision

Building Details

  • Operating Expense $12,340
  • Net Operating Income $28,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,681

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Directions: Dixie hwy north of Belvedere left on Flamingo Dr make right at round about make smother right to Kanugs
  • Year Built: 1925
  • Building Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Living Area: 3440.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fruit Trees, Patio
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No

Lot Info

  • Parcel #: 74434328060020130
  • Zoning Description: Sf 14-C2

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 28700.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 12340.0
  • Total Actual Rent: 41040.0

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 4681.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Oct 6, 2017
Sold by
Grace S Way Llc
Bought by
521 Kanuga Llc
Seller's Agent
Allison Goldstein
Coastal Realty Group Sales & M
Buyer's Agent
Allison Goldstein
Coastal Realty Group Sales & M
List Price
$585,000
Sold Price
$455,000
Premium/Discount to List
-$130,000
-22.22%
Total Days on Market
34
Current Estimated Value
$1,381,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$926,891
Avg. Annual Appreciation
15.76%

Purchase Details

Listed on
Sep 9, 2013
Closed on
Nov 8, 2013
Sold by
Land Acqui Corp
Bought by
Graces Way Llc
Seller's Agent
Gina Perez
Great American Realty Inc.
Buyer's Agent
Gina Perez
Great American Realty Inc.
List Price
$319,000
Sold Price
$275,000
Premium/Discount to List
-$44,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.74%
Original Mortgage
$275,000
Interest Rate
4.23%
Mortgage Type
Amount Keyed Is An Aggregate Amount

Purchase Details

Closed on
May 21, 2010
Sold by
Daisy Family Llc
Bought by
Land Acqui Corp

Purchase Details

Closed on
May 18, 2010
Sold by
Delpino Luis and Dedesma Pedro L
Bought by
Daisy Family Llc

Purchase Details

Closed on
Jun 29, 2005
Sold by
Miller Calvin
Bought by
Dedesma Pedro L and Delpino Luis

Purchase Details

Closed on
Feb 21, 1997
Sold by
Mehler Charles F
Bought by
Prewitt Coleman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.88%
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $440,000 Attorney
Warranty Deed $275,000 First Intl Title Inc
Warranty Deed $179,000 Attorney
Warranty Deed $75,000 Attorney
Warranty Deed $610,000 Palm Title Services Inc
Warranty Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $275,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $275,000 Amount Keyed Is An Aggregate Amount
Previous Owner $492,000 Fannie Mae Freddie Mac
Previous Owner $159,000 New Conventional
Previous Owner $28,500 New Conventional
Previous Owner $98,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2017 10/11/17 Sold $455,000 -22.2% $132 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $585,000 +112.7% $170 / Sq Ft
11/13/2013 11/13/13 Sold $275,000 -13.8% $80 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
09/09/2013 09/09/13 For Sale $319,000 -- $93 / 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 $15,456 $631,557 -- --
2023 $15,200 $574,143 $543,600 $395,429
2022 $13,207 $521,948 $0 $0
2021 $11,871 $557,755 $288,000 $269,755
2020 $11,482 $578,327 $198,000 $380,327
2019 $9,956 $429,730 $207,000 $222,730
2018 $8,453 $356,497 $175,547 $180,950
2017 $7,622 $353,705 $152,650 $201,055
2016 $7,104 $276,273 $0 $0
2015 $6,398 $251,157 $0 $0
2014 $7,466 $293,969 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R9976070

BeachesMLS

APN: 74-43-43-28-06-002-0130