Seller's Agent in 2016
Taryn Pisaneschi
EXP Realty LLC
(561) 331-1844
4 in this area
103 Total Sales
524 48th St Unit And 526 48th St West Palm Beach, FL 33407
Northwood Harbor NeighborhoodEstimated Value: $507,000 - $720,000
4
Beds
4
Baths
3,812
Sq Ft
$171/Sq Ft
Est. Value
Highlights
- Water Views
- Ceramic Tile Flooring
- Wall Furnace
- Cooling System Mounted To A Wall/Window
About This Home
As of October 2016Unbelievable opportunity to buy two adjacent income producing CBS Multi-family properties in West Palm Beach just down the street from the upcoming Rybovich Village, the bustling Northwood Village and less than 10 minutes to Downtown West Palm Beach. 524 48th has 4 income producing units and 526 48th St has 2 units. Live free in one unit and let the rents pay the mortgage! Tenants have not had a rent increase in 16 years. They are month to month so you have flexibility.The rent rolls are:522 $625.00, 524 $650.00, 524a 575.00, 524b $765.00, 526 $647.00, 528 $695.00.**DO NOT WALK ON PROPERTY WITHOUT APPOINTMENT NOR DISTURB THE TENANTS**Buyers agent to verify all facts and figures. Expenses provided are estimates. Income is accurate.
Last Agent to Sell the Property
EXP Realty LLC License #3270481 Listed on: 09/05/2016
Co-Listed By
Roger Pisaneschi
Compass Florida, LLC (PB) License #3278639
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,698
Year Built
- Built in 1951
Lot Details
- 7,881 Sq Ft Lot
Interior Spaces
- 3,812 Sq Ft Home
- 1-Story Property
- Ceramic Tile Flooring
- Water Views
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Total Actual Rent $47,484
- Rent includes electricity, cable TV
- Assessor Parcel Number 74434304040200110
Community Details
Overview
- 4 Units
- Northwood Subdivision
Building Details
- Operating Expense $7,933
- Net Operating Income $39,551
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 5, 2016
Closed on
Oct 21, 2016
Sold by
Levi Patricia M
Bought by
Ael Properties Llc
Seller's Agent
Taryn Pisaneschi
EXP Realty LLC
List Price
$450,000
Sold Price
$395,000
Premium/Discount to List
-$55,000
-12.22%
Total Days on Market
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,238
Avg. Annual Appreciation
5.04%
Purchase Details
Closed on
Nov 1, 2001
Sold by
Warshaw Lonny and Warshaw Karen
Bought by
Levi Patricia M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
6.75%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ael Properties Llc | $395,000 | First American Title Ins Co | |
| Levi Patricia M | $196,677 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ael Properties Llc | $212,300 | |
| Previous Owner | Levi Patricia M | $137,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/21/2016 10/21/16 | Sold | $395,000 | -12.2% | $104 / Sq Ft |
| 09/21/2016 09/21/16 | Pending | -- | -- | -- |
| 09/05/2016 09/05/16 | For Sale | $450,000 | -- | $118 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $9,262 | $339,061 | -- | -- |
| 2023 | $8,305 | $308,237 | $220,668 | $264,578 |
| 2022 | $7,494 | $280,215 | $0 | $0 |
| 2021 | $6,887 | $336,687 | $84,000 | $252,687 |
| 2020 | $6,372 | $303,437 | $72,000 | $231,437 |
| 2019 | $5,756 | $251,689 | $66,000 | $185,689 |
| 2018 | $4,733 | $191,391 | $59,572 | $131,819 |
| 2017 | $4,334 | $175,063 | $41,084 | $133,979 |
| 2016 | $3,009 | $112,412 | $0 | $0 |
| 2015 | $3,516 | $128,655 | $0 | $0 |
| 2014 | $3,347 | $116,959 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Taryn Pisaneschi
-
R
Seller Co-Listing Agent in 2016
Roger Pisaneschi
Compass Florida, LLC (PB)
Map
Source: BeachesMLS
MLS Number: R10264774
APN: 74-43-43-04-04-020-0110
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