NOT LISTED FOR SALE

5615 Webster Ave West Palm Beach, FL 33405

South End Neighborhood

Estimated Value: $781,542 - $1,024,000

5 Beds
3 Baths
1,953 Sq Ft
$441/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $695,600 $356 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,513/month

92 Days on Market

Highlights

  • Porch
  • Tile Flooring
  • Fenced
  • Open Patio
  • Central Heating and Cooling System

About This Home

As of September 2023

Amazing investment /residential DUPLEX property! in a desirable area known as SoSo!!!Live in one and rent other, Duplex with separate electric and water meter. 1 unit is 3/2 recently remodeled kitchen and floors the 2/1 also has a remodeled kitchen with outdoor space. Both units have their own washer and dryer. Prime location with steps to intra-coastal, 10 minutes to PBI Airports and 10 minutes to downtown. Received a credit upfront to buyer for advance RENT of $2300 x month for remainder of lease of about 10 months = $23,000

Last Agent to Sell the Property

Carla Alfaro

Highlight Realty Corp/LW License #3292921 Listed on: 06/01/2023

Highlight Realty Corp/LW

Last Buyer's Agent

Rob Yacovone

Keller Williams Realty - Welli License #3271741

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,771

Year Built

  • Built in 1986

Lot Details

  • 5,150 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,953 Sq Ft Home
  • 1-Story Property

Flooring

  • Tile
  • Vinyl

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434404040240290

Community Details

Overview

  • 2 Units
  • Colonial Estates Subdivision

Building Details

  • Operating Expense $4,327
  • Net Operating Income $45,473

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,771

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Driving North on Dixie Hwy after passing Forest Hill blvd drive 0.6 miles to indepence Road and make a left west to the corner of Webster Ave.
  • Year Built: 1986
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl
  • Living Area: 1953.0

Exterior Features

  • Exterior Features: Fence, Porch, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • 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
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434404040240290
  • Lot Size: 103.0 ft x 50.0 ft
  • Lot Size Sq Ft: 5150.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 45473.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 4327.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1771.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Sep 8, 2023
Sold by
Moreno Erik
Bought by
Silkys Group Home Ii Inc
Seller's Agent
Carla Alfaro
Highlight Realty Corp/LW
Buyer's Agent
Rob Yacovone
Keller Williams Realty - Welli
List Price
$725,000
Sold Price
$695,600
Premium/Discount to List
-$29,400
-4.06%
Views
258
Current Estimated Value
$860,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,036
Avg. Annual Appreciation
9.70%
Original Mortgage
$521,700
Outstanding Balance
$365,016
Interest Rate
9%
Mortgage Type
Seller Take Back
Estimated Equity
$476,770

Purchase Details

Closed on
Dec 14, 2020
Sold by
Moreno Erik
Bought by
Alfaro Carla Mariella

Purchase Details

Listed on
Nov 3, 2016
Closed on
May 5, 2017
Sold by
Diaz Pedro
Bought by
Moreno Erik
Seller's Agent
Carla Alfaro
Highlight Realty Corp/LW
Buyer's Agent
Carla Alfaro
Highlight Realty Corp/LW
List Price
$260,000
Sold Price
$168,100
Premium/Discount to List
-$91,900
-35.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.11%

Purchase Details

Closed on
Nov 4, 2005
Sold by
Vila Ramses
Bought by
Diaz Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 30, 2005
Sold by
Aguilar Yiset and Vila Ramses
Bought by
Vila Ramses

Purchase Details

Closed on
Dec 29, 2000
Sold by
Segui Juan F and Segui Gaudencia E
Bought by
Vila Ramses

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,949
Interest Rate
7.72%
Mortgage Type
FHA
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
Silkys Group Home Ii Inc $695,000 None Listed On Document
Alfaro Carla Mariella -- None Available
Moreno Erik $145,000 Attorney
Diaz Pedro $295,000 Advanced Title Solutions
Vila Ramses -- --
Vila Ramses $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silkys Group Home Ii Inc $521,700
Previous Owner Diaz Pedro $236,000
Previous Owner Vila Ramses $150,000
Previous Owner Vila Ramses $125,000
Previous Owner Vila Ramses $99,856
Previous Owner Vila Ramses $5,549
Previous Owner Vila Ramses $99,949
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $695,600 -0.2% $356 / Sq Ft
08/21/2023 08/21/23 Price Changed $697,000 -0.1% $357 / Sq Ft
08/14/2023 08/14/23 Price Changed $698,000 -0.3% $357 / Sq Ft
07/26/2023 07/26/23 Price Changed $700,000 +0.1% $358 / Sq Ft
07/08/2023 07/08/23 Price Changed $699,000 -3.6% $358 / Sq Ft
06/08/2023 06/08/23 For Sale $725,000 0.0% $371 / Sq Ft
04/25/2023 04/25/23 Rented $2,300 -4.2% --
04/25/2023 04/25/23 Under Contract -- -- --
04/17/2023 04/17/23 For Rent $2,400 +29.7% --
04/05/2023 04/05/23 Rented $1,850 0.0% --
03/30/2023 03/30/23 Price Changed $1,850 -5.1% $2 / Sq Ft
03/17/2023 03/17/23 For Rent $1,950 0.0% --
05/05/2017 05/05/17 Sold $168,100 -35.3% $86 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
11/03/2016 11/03/16 For Sale $260,000 -- $133 / 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 $11,399 $537,069 -- --
2023 $1,815 $110,535 $0 $0
2022 $1,771 $107,316 $0 $0
2021 $1,742 $104,190 $0 $0
2020 $4,421 $232,934 $0 $0
2019 $4,158 $217,195 $0 $0
2018 $3,644 $197,133 $54,697 $142,436
2017 $3,223 $171,195 $34,186 $137,009
2016 $3,033 $108,865 $0 $0
2015 $2,889 $98,968 $0 $0
2014 $2,631 $89,971 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carla Alfaro

    Seller's Agent in 2023

    Carla Alfaro

    Highlight Realty Corp/LW

    (305) 431-4035

    1 in this area

    23 Total Sales

    Carla Alfaro
    Section Image

  • R

    Buyer's Agent in 2023

    Rob Yacovone

    Keller Williams Realty - Welli

    (561) 777-4225

    1 in this area

    47 Total Sales

    Rob Yacovone
    Section Image
  • Christopher Donnell

    Buyer's Agent in 2023

    Christopher Donnell

    LAER Realty Partners Bowen/WPB

    (561) 644-8314

    14 Total Sales

    Christopher Donnell
    Section Image
  • Yudetxis Rodriguez

    Buyer's Agent in 2023

    Yudetxis Rodriguez

    Partnership Realty Inc.

    (561) 641-6787

    11 Total Sales

    Yudetxis Rodriguez
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10894174

BeachesMLS

APN: 74-43-44-04-04-024-0290

Florida Palm Beach County West Palm Beach 33405 South End

5615 Webster Ave, West Palm Beach, FL

This home is located at 5615 Webster Ave, West Palm Beach, FL 33405 since 01 June 2023 and is currently estimated at $860,636, approximately $440 per square foot. This property was built in 1986. 5615 Webster Ave 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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