NOT LISTED FOR SALE

525 Hunter St Unit 1 West Palm Beach, FL 33405

South End Neighborhood

Estimated Value: $659,000 - $940,000

4 Beds
4 Baths
2,312 Sq Ft
$346/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $342,500 $148 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $5,082/month

48 Days on Market

Highlights

  • Water Views
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of March 2019

Solid CBS 4 Plex with new central A/C units and newer roof. Large one bedroom units are well maintained and easy to manage. Great location only 4 blocks to intracoastal waterway. Owner wants to sell as a package with 4 flex next door MLS#RX 00000000 and will finance the right buyer.

Last Agent to Sell the Property

John Stevens

Lavonia Waterfront Properties, LLC. License #3026722 Listed on: 12/12/2018

Last Buyer's Agent

Barbara Lewis

Realty Hub License #3095632

Realty Hub

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,907

Year Built

  • Built in 1972

Lot Details

  • 7,326

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,312 Sq Ft Home
  • 1-Story Property
  • Water Views

Flooring

  • Laminate
  • Tile
  • Vinyl

Additional Features

  • 7,326 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434404040160140

Community Details

Overview

  • 4 Units
  • Colonial Estates Subdivision

Building Details

  • Operating Expense $9,490
  • Net Operating Income $28,470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,907

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: I-95 to Forest Hill, East to Dixie, North 3 blocks, left on Hunter
  • Year Built: 1972
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Laminate, Tile, Vinyl
  • Living Area: 2312.0

Exterior Features

  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434404040160140
  • Lot Size: 66.0 ft x 111.0 ft
  • Lot Size Sq Ft: 7326.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 28470.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 9490.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4907.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2018
Closed on
Mar 1, 2019
Sold by
Stevens Louis A and Stevens Louis A
Bought by
Ottenheimer Llc
Seller's Agent
John Stevens
Lavonia Waterfront Properties, LLC.
Buyer's Agent
Barbara Lewis
Realty Hub
List Price
$369,000
Sold Price
$342,500
Premium/Discount to List
-$26,500
-7.18%
Current Estimated Value
$799,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,000
Avg. Annual Appreciation
13.73%
Original Mortgage
$488,309
Outstanding Balance
$429,307
Interest Rate
4.4%
Mortgage Type
Seller Take Back
Estimated Equity
$370,193

Purchase Details

Closed on
Nov 25, 2016
Sold by
Stevens Kathleen B
Bought by
Aquarius Income Properties Llc

Purchase Details

Closed on
May 29, 2016
Sold by
Aquarius Income Properties Llc
Bought by
Aquarius Income 525 Llc

Purchase Details

Closed on
Jan 20, 2010
Sold by
Stevens Louis A
Bought by
Aquarius Income Properties Llc

Purchase Details

Closed on
Aug 7, 2009
Sold by
Truong Tai
Bought by
Stevens Louis A and Louis A Stevens Revocable Trust

Purchase Details

Closed on
Nov 4, 2005
Sold by
Stevens Louis A
Bought by
Truong Tai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Ottenheimer Llc $685,000 Attorney
Stevens Louis A -- Attorney
Aquarius Income Properties Llc -- Attorney
Aquarius Income 525 Llc -- None Available
Aquarius Income Properties Llc -- Attorney
Stevens Louis A $275,000 Attorney
Truong Tai $325,000 Standard Title Ins Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ottenheimer Llc $488,309
Previous Owner Truong Tai $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2019 03/01/19 Sold $342,500 -7.2% $148 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
12/12/2018 12/12/18 For Sale $369,000 -- $160 / 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 $10,114 $449,479 -- --
2023 $9,608 $408,617 $193,097 $274,003
2022 $9,051 $371,470 $0 $0
2021 $8,376 $373,746 $169,290 $204,456
2020 $8,134 $334,725 $138,510 $196,215
2019 $6,442 $289,935 $107,730 $182,205
2018 $5,533 $255,888 $103,924 $151,964
2017 $4,907 $211,074 $64,952 $146,122
2016 $3,746 $127,280 $0 $0
2015 $3,585 $115,709 $0 $0
2014 $3,271 $105,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    John Stevens

    Lavonia Waterfront Properties, LLC.

    (561) 670-6165

    6 Total Sales

    John Stevens
    Section Image

  • B

    Buyer's Agent in 2019

    Barbara Lewis

    Realty Hub

    (954) 780-9011

    16 Total Sales

    Barbara Lewis
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10487887

BeachesMLS

APN: 74-43-44-04-04-016-0140

Florida Palm Beach County West Palm Beach 33405 South End

525 Hunter St Unit 1, West Palm Beach, FL

This home is located at 525 Hunter St Unit 1, West Palm Beach, FL 33405 since 12 December 2018 and is currently estimated at $799,500, approximately $345 per square foot. This property was built in 1972. 525 Hunter St Unit 1 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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