$280,000
SOLD AUG 6, 2021

524 Colonial Rd West Palm Beach, FL 33405

South End Neighborhood
-- Bed
-- Bath
960 Sq Ft
5,170 Sq Ft Lot

Recently Sold

$292 Per Sq Ft

5% Below List Price

243 Days on Market

About This Home

As of August 2021

Charming home features real hardwood floors, a working fireplace, impact windows and additional garage apartment with rental income. Perfect for investors or first time homebuyers. Close to beaches, downtown WPB and I-95. Plenty or room for a boat or RV. NO HOA, FHA/VA OK!

Last Agent to Sell the Property

Jason Moan

Choice Realty of SF LLC License #3223399 Listed on: 11/05/2020

Last Buyer's Agent

liz giachetti

One Sotheby's International Realty License #3120297

One Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,380

Year Built

  • Built in 1925

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Additional Features

  • 5,170 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434404040180130

Community Details

Overview

  • 2 Units
  • Colonial Estates Subdivision

Building Details

  • Operating Expense $8,000
  • Net Operating Income $26,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,380

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Forest hill to dixie north to colonial rd
  • Year Built: 1925
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Living Area: 960.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Parcel #: 74434404040180130
  • Lot Size Sq Ft: 5170.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 26080.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 8000.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3380.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Aug 4, 2021
Sold by
Moan Jason
Bought by
Webster Rosa D
Seller's Agent
Jason Moan
Choice Realty of SF LLC
Buyer's Agent
Jason Moan
Choice Realty of SF LLC
Sold Price
$2,200
Current Estimated Value
$500,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,731
Avg. Annual Appreciation
12.68%

Purchase Details

Listed on
Mar 1, 2015
Closed on
Apr 15, 2016
Sold by
Dufresne Karen Ann and Mckenzie Family Revocable Trus
Bought by
Moan Jason
Seller's Agent
Keti Ballhysa
Keller Williams Realty/P B
Buyer's Agent
Jason Moan
Inactive Member
List Price
$169,900
Sold Price
$130,000
Premium/Discount to List
-$39,900
-23.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.55%

Purchase Details

Closed on
Mar 22, 2011
Sold by
Mckenzie John L and Mckenzie Karen
Bought by
Mckenzie Karen and Mckenzie Family Revocable Trust

Purchase Details

Closed on
Jun 3, 2003
Sold by
Schull Robert
Bought by
Mckenzie John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2002
Sold by
Gutierrez Milton D and Gutierrez Brian Joseph
Bought by
Schull Robert

Purchase Details

Closed on
Aug 23, 2002
Sold by
Rodriguez Anthony
Bought by
Gutierrez Milton D

Purchase Details

Closed on
Dec 22, 2000
Sold by
Gutierrez Milton D
Bought by
Rodriguez Anthony
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 Type Sale Price Title Company
Warranty Deed $280,000 United Title Agencies I Inc
Warranty Deed $130,000 Title Crparation
Interfamily Deed Transfer -- Attorney
Warranty Deed $116,000 Capital Abstract & Title
Warranty Deed $59,000 --
Special Warranty Deed -- --
Warranty Deed $62,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $81,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $280,000 0.0% $292 / Sq Ft
08/06/2021 08/06/21 Rented $2,200 0.0% --
07/07/2021 07/07/21 Pending -- -- --
07/07/2021 07/07/21 Under Contract -- -- --
11/25/2020 11/25/20 For Rent $1,850 0.0% --
11/05/2020 11/05/20 For Sale $295,000 0.0% $307 / Sq Ft
06/28/2020 06/28/20 Rented $990 -10.0% --
05/29/2020 05/29/20 Under Contract -- -- --
05/24/2020 05/24/20 For Rent $1,100 -38.9% --
07/25/2019 07/25/19 Rented $1,800 0.0% --
06/25/2019 06/25/19 Under Contract -- -- --
06/07/2019 06/07/19 For Rent $1,800 0.0% --
04/15/2016 04/15/16 Sold $130,000 -23.5% $135 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
03/01/2015 03/01/15 For Sale $169,900 -- $177 / 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 $2,061 $128,654 -- --
2023 $1,993 $124,907 $0 $0
2022 $1,949 $121,269 $0 $0
2021 $3,871 $165,226 $70,538 $94,688
2020 $3,631 $152,825 $57,713 $95,112
2019 $3,380 $140,000 $44,888 $95,112
2018 $3,187 $136,890 $42,879 $94,011
2017 $3,013 $128,314 $34,303 $94,011
2016 $2,044 $74,065 $0 $0
2015 $1,956 $67,332 $0 $0
2014 $1,789 $61,211 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Moan

    Seller's Agent in 2021

    Jason Moan

    Choice Realty of SF LLC

    (561) 306-2606

    2 in this area

    33 Total Sales

    Jason Moan
    Section Image

  • l

    Buyer's Agent in 2021

    liz giachetti

    One Sotheby's International Realty

    (561) 305-2924

    1 in this area

    111 Total Sales

    liz giachetti
    Section Image
  • Keti Ballhysa

    Seller's Agent in 2016

    Keti Ballhysa

    Keller Williams Realty/P B

    (561) 401-3374

    38 Total Sales

    Keti Ballhysa
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10668936

BeachesMLS

APN: 74-43-44-04-04-018-0130

Florida Palm Beach County West Palm Beach 33405 South End

524 Colonial Rd, West Palm Beach, FL

This home is located at 524 Colonial Rd, West Palm Beach, FL 33405 and is currently priced at $280,000, approximately $291 per square foot. This property was built in 1925. 524 Colonial 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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