531 27th St Unit 1-3 West Palm Beach, FL 33407
Old Northwood Historic District NeighborhoodEstimated Value: $519,723 - $723,000
--
Bed
3
Baths
2,700
Sq Ft
$226/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Porch
- Open Patio
- Corner Lot
- Cooling System Mounted To A Wall/Window
- Ceiling Fan
About This Home
As of May 2019Well maintained triplex in historic Northwood. Units are updated and unit A is completely remodeled with gourmet kitchen, granite countertops, wood and ceramic tile floors. Beautifully landscaped backyard for all to enjoy! Great curb appeal too! Solid investment, good cash flow!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,621
Year Built
- Built in 1976
Lot Details
- Fenced
- Corner Lot
Home Design
- Triplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,700 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Flooring
- Wood
- Ceramic Tile
Outdoor Features
- Open Patio
- Porch
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Gas
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434309050200160
Community Details
Overview
- 3 Units
- Northwood Subdivision
Building Details
- Operating Expense $13,000
- Net Operating Income $20,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2019
Closed on
Jul 22, 2019
Sold by
Jacks Realty Fund Iii Llc
Bought by
Wpb Holdings Llc
Seller's Agent
Sharon Gunther
KW Reserve
Buyer's Agent
Mike Petilli
Voro LLC
List Price
$389,900
Sold Price
$343,000
Premium/Discount to List
-$46,900
-12.03%
Total Days on Market
59
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
$267,931
Avg. Annual Appreciation
9.48%
Original Mortgage
$1,177,500
Outstanding Balance
$1,044,745
Interest Rate
3.82%
Mortgage Type
Commercial
Estimated Equity
-$453,505
Purchase Details
Listed on
Feb 27, 2019
Closed on
May 22, 2019
Sold by
Beaumont Sarto and Hamel Nathalie
Bought by
Jacks Realty Fund Iii Llc
Seller's Agent
Sharon Gunther
KW Reserve
Buyer's Agent
Mike Petilli
Voro LLC
List Price
$389,900
Sold Price
$343,000
Premium/Discount to List
-$46,900
-12.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,400
Interest Rate
4.1%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 12, 2019
Sold by
Beaumont Sarto and Hamel Nathalie
Bought by
Beaumont Sarto and Hamel Nathalie
Purchase Details
Closed on
Feb 14, 2014
Sold by
Beaumont Sarto and Hamel Nathalie
Bought by
27Th Street Trust
Purchase Details
Closed on
Nov 15, 2013
Sold by
531 27Th Street Owner Llc
Bought by
Beaumont Sarto and Hamel Nathalie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,160
Interest Rate
4.26%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 17, 2013
Sold by
Thomas Thomas R
Bought by
531 27Th Street Owner Llc
Purchase Details
Closed on
Aug 4, 2008
Sold by
Mccall John Steven
Bought by
Thomas Thomas R
Purchase Details
Closed on
Jun 18, 2008
Sold by
Thomas Thomas R
Bought by
Mccall John Steven
Purchase Details
Closed on
Mar 1, 2002
Sold by
Chinyet Owen J and Chinyet Edna Merle
Bought by
Thomas Thomas R
Similar Home in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wpb Holdings Llc | -- | Os National Llc | |
| Jacks Realty Fund Iii Llc | $343,000 | Patch Reef Title Company Inc | |
| Beaumont Sarto | -- | Mellex Title Services Llc | |
| 27Th Street Trust | -- | None Available | |
| Beaumont Sarto | $230,000 | Attorney | |
| 531 27Th Street Owner Llc | $214,300 | Attorney | |
| Thomas Thomas R | -- | Attorney | |
| Mccall John Steven | -- | Attorney | |
| Thomas Thomas R | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wpb Holdings Llc | $1,177,500 | |
| Previous Owner | Jacks Realty Fund Iii Llc | $274,400 | |
| Previous Owner | Beaumont Sarto | $160,160 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2019 05/28/19 | Sold | $343,000 | -12.0% | $127 / Sq Ft |
| 04/28/2019 04/28/19 | Pending | -- | -- | -- |
| 02/27/2019 02/27/19 | For Sale | $389,900 | -- | $144 / 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 | $10,493 | $453,133 | -- | -- |
| 2023 | $9,710 | $411,939 | $378,855 | $128,206 |
| 2022 | $9,113 | $374,490 | $0 | $0 |
| 2021 | $7,992 | $340,445 | $156,000 | $184,445 |
| 2020 | $7,587 | $318,688 | $143,000 | $175,688 |
| 2019 | $7,637 | $326,672 | $143,000 | $183,672 |
| 2018 | $6,621 | $287,140 | $133,068 | $154,072 |
| 2017 | $6,051 | $258,874 | $102,360 | $156,514 |
| 2016 | $5,657 | $235,965 | $0 | $0 |
| 2015 | $5,417 | $219,155 | $0 | $0 |
| 2014 | $5,198 | $207,248 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sharon Gunther
S
Seller's Agent in 2019
Sharon Gunther
KW Reserve
(561) 723-3093
24 Total Sales
-
Mike Petilli
Buyer's Agent in 2019
Mike Petilli
Voro LLC
(518) 810-3542
1 in this area
63 Total Sales
Map
Source: BeachesMLS
MLS Number: R10508592
APN: 74-43-43-09-05-020-0160
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.
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.
Nearby Homes