NOT LISTED FOR SALE

5285 Marcia Place West Palm Beach, FL 33407

Estimated Value: $333,573 - $383,000

3 Beds
2 Baths
1,199 Sq Ft
$300/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $100,000 $83 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $2,300/month

169 Days on Market

Highlights

  • Fruit Trees
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Sun or Florida Room
  • Laundry Room
  • Family Room

About This Home

As of May 2016

Great Investment Property! Steady income. PURCHASE SUBJECT TO ASSUMING THE EXISTING ANNUAL LEASE UNTIL DEC. 2016. Very reliable Tenant has lived there for 13+ years. Close to schools, shopping, and churches. Please do not bother tenants. 24 hr appointment needed for all showings. Cash purchase preferred. Newer roof.

Last Agent to Sell the Property

Timothy Lambert

LAER Realty Partners Bowen/Wellington License #3319239 Listed on: 11/09/2015

LAER Realty Partners Bowen/Wellington

Last Buyer's Agent

Timothy Lambert

LAER Realty Partners Bowen/Wellington License #3319239 Listed on: 11/09/2015

LAER Realty Partners Bowen/Wellington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,571

Year Built

  • Built in 1964

Lot Details

  • 6,005 Sq Ft Lot
  • Fenced
  • Fruit Trees
  • Property is zoned RM

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,199 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Sun or Florida Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Gramercy Park Unit 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424302010060170

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,571

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 45TH Street, West to Gramercy Dr, N to Marcia Pl and Turn left. House will be on the right.
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Gas Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Concrete, Vinyl
  • Living Area: 1199.0
  • Dining Room Type: Family Room, Florida Room, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Fruit Trees
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424302010060170
  • Lot Size Sq Ft: 6005.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1571.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2017
Sold by
Ring Holdings Llc
Bought by
Shapir Arnon
Current Estimated Value
$359,393

Purchase Details

Listed on
Nov 9, 2015
Closed on
May 27, 2016
Sold by
Harrison Diana M
Bought by
Ring Holdings Llc
Seller's Agent
Timothy Lambert
LAER Realty Partners Bowen/Wellington
Buyer's Agent
Timothy Lambert
LAER Realty Partners Bowen/Wellington
List Price
$115,000
Sold Price
$100,000
Premium/Discount to List
-$15,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%

Purchase Details

Closed on
May 23, 2015
Sold by
Harrison Lucas N
Bought by
Harrison Lucas N

Purchase Details

Listed on
Jul 6, 2011
Closed on
Jul 5, 2012
Sold by
Barnes Dorrett and Barnes Lawrence
Bought by
Harrison Lucas N
Seller's Agent
Larry Jones
Superstar Realty and Appraisals LLC
Buyer's Agent
Larry Jones
Superstar Realty and Appraisals LLC
List Price
$49,999
Sold Price
$44,000
Premium/Discount to List
-$5,999
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.92%

Purchase Details

Closed on
Sep 22, 2004
Sold by
Barnes Dorrett and Barnes Lawrence
Bought by
Barnes Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,300
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2000
Sold by
Waterman Yves
Bought by
Watermann Dorrett M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,300
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 1996
Sold by
Watermann Dorrett M
Bought by
Watermann Yves

Purchase Details

Closed on
Mar 28, 1996
Sold by
Watermann Yves
Bought by
Watermann Dorrett M
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
Shapir Arnon $57,500 Title Guaranty Of South Flor
Ring Holdings Llc $100,000 Independence Title Inc
Harrison Lucas N -- None Available
Harrison Lucas N $44,000 Kpc Title Agency Llc
Barnes Lawrence $24,851 --
Watermann Dorrett M -- --
Watermann Yves $100 --
Watermann Dorrett M $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barnes Lawrence $185,400
Previous Owner Barnes Lawrence $160,000
Previous Owner Barnes Lawrence $128,300
Previous Owner Watermann Dorrett M $64,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $100,000 -13.0% $83 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $115,000 +161.4% $96 / Sq Ft
07/05/2012 07/05/12 Sold $44,000 -12.0% $37 / Sq Ft
06/05/2012 06/05/12 Pending -- -- --
07/06/2011 07/06/11 For Sale $49,999 -- $42 / 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 $4,139 $207,731 -- --
2023 $3,971 $188,846 $0 $0
2022 $3,703 $171,678 $0 $0
2021 $3,257 $156,071 $52,500 $103,571
2020 $3,191 $152,053 $56,000 $96,053
2019 $3,147 $153,447 $56,000 $97,447
2018 $2,738 $130,501 $48,189 $82,312
2017 $2,306 $105,919 $31,090 $74,829
2016 $1,715 $54,513 $0 $0
2015 $1,571 $49,557 $0 $0
2014 $1,363 $45,052 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10183073

BeachesMLS

APN: 00-42-43-02-01-006-0170