NOT LISTED FOR SALE

Estimated Value: $522,000 - $576,713

4 Beds
2 Baths
1,920 Sq Ft
$283/Sq Ft Est. Value

Last Sold February 16, 2023

Last sale price $482,500 $251 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,486/month

13 Days on Market

Highlights

  • Water Views
  • Canal Access
  • Tile Flooring
  • Palm Beach Gardens Elementary School Rated A
  • Patio
  • Central Heating and Cooling System

About This Home

As of February 2023

Great opportunity to own income property in Palm Beach Gardens. This well-maintained duplex is close to schools, shopping, restaurants, Palm Beach Gardens Mall and I-95. Each unit consists of 2BR's and 1.5BA's with approx. 960 sq ft of living area. Unit #2 has new HW heater, new stove, freshly painted, new blinds and AC handler. Unit #1 has new AC. Roof replaced in 2015. City water and sewer with separate meters. Two open parking in front of the property for each unit. No commercial vehicles with signage. One of the few duplex properties available in the area. Don't miss out on this one. Shown by appointment only.

Last Agent to Sell the Property

Caroline Fallon

Shepard Realty License #173407 Listed on: 01/16/2023

Last Buyer's Agent

James Pavlik

Sutter & Nugent LLC License #3301117

Sutter & Nugent LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,327

Year Built

  • Built in 1968

Lot Details

  • 9,002 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Water Views

Outdoor Features

  • Canal Access
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Palm Beach Gardens Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52434218030010100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,327

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Take Alt A1A north of Northlake Blvd, make a left on Lighthouse Dr, then an immediate right on Holly Drive. Subject is on your right.
  • Year Built: 1968
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1920.0

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 52434218030010100
  • Lot Size Sq Ft: 9002.0
  • Zoning Description: RM(cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4327.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Mar 28, 2023
Sold by
Baber Jan
Bought by
Jb Parasmo Llc
Seller's Agent
Caroline Fallon
Shepard Realty
Buyer's Agent
James Pavlik
Sutter & Nugent LLC
List Price
$515,000
Sold Price
$482,500
Premium/Discount to List
-$32,500
-6.31%
Total Days on Market
13
Views
44
Current Estimated Value
$543,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,428
Avg. Annual Appreciation
5.37%

Purchase Details

Listed on
Jan 16, 2023
Closed on
Feb 16, 2023
Sold by
Holly Drive Holdings Llc
Bought by
Baber Jan
Seller's Agent
Caroline Fallon
Shepard Realty
Buyer's Agent
James Pavlik
Sutter & Nugent LLC
List Price
$515,000
Sold Price
$482,500
Premium/Discount to List
-$32,500
-6.31%
Views
44

Purchase Details

Closed on
Jul 1, 2014
Sold by
Palladino Albert
Bought by
Holly Drive Holdings Llc

Purchase Details

Closed on
Jun 27, 2012
Sold by
Seymour Jerry Lynn and Seymour Lisa M
Bought by
Palladino Albert

Purchase Details

Closed on
Aug 5, 2005
Sold by
Wright Frederick
Bought by
Seymour Jerry Lynn and Seymour Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 1996
Sold by
Calbo William
Bought by
Wright Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
8.24%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Jb Parasmo Llc -- None Listed On Document
Baber Jan $482,500 Ocean View Title & Escrow
Holly Drive Holdings Llc -- Attorney
Palladino Albert $90,000 Benchmark Title & Escrow Llc
Seymour Jerry Lynn $260,000 Lighthouse Title Svcs Inc
Wright Frederick $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seymour Jerry Lynn $216,500
Previous Owner Seymour Jerry Lynn $208,000
Previous Owner Wright Frederick $50,000
Previous Owner Wright Frederick $59,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2023 02/16/23 Sold $482,500 -6.3% $251 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $515,000 -- $268 / 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 $7,201 $390,919 -- --
2023 $4,719 $219,839 $0 $0
2022 $4,327 $199,854 $0 $0
2021 $3,899 $206,598 $75,600 $130,998
2020 $3,496 $174,185 $66,600 $107,585
2019 $3,301 $167,585 $60,000 $107,585
2018 $3,004 $161,868 $57,029 $104,839
2017 $2,706 $133,553 $49,590 $83,963
2016 $2,490 $112,813 $0 $0
2015 $2,330 $102,557 $0 $0
2014 $2,214 $94,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10858665

BeachesMLS

APN: 52-43-42-18-03-001-0100