NOT LISTED FOR SALE

5735 Kumquat Rd Unit 5735 & 5737 West Palm Beach, FL 33413

Royal Palm Estates Neighborhood

Estimated Value: $490,452 - $609,000

4 Beds
2 Baths
1,668 Sq Ft
$322/Sq Ft Est. Value

Last Sold September 28, 2016

Last sale price $235,000 $141 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $3,345/month

52 Days on Market

Highlights

  • Water Views
  • Patio
  • Central Heating and Cooling System
  • Corner Lot
  • Ceramic Tile Flooring
  • Fenced

About This Home

As of September 2016

Property only available for viewing July 16, 2016 from 10:am to 4:pm. Turnkey Duplex, on beautiful large corner lot .29 acre lot, great convenient location just off Southern Blvd. Each units is approx 950 Sq. Ft. the units are 2 bedrooms, 1 full bathroom, living and dining area, laundry rm, rear porch and large fenced private back yard, private driveways, other features are, separate electric. Current rents are $875. and $890, rents in area range upto $1.000. per month, water, central A/C The units are tenant occupied don't disturb the tenants

Last Agent to Sell the Property

Zalman Salman

Salman Realty License #580675 Listed on: 07/07/2016

Last Buyer's Agent

Martha Rodriguez

Grand Realty of America, Corp. License #3307353

Grand Realty of America, Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,368

Year Built

  • Built in 1981

Lot Details

  • 0.29 Acre Lot
  • Fenced
  • Corner Lot

Property Views

  • Water
  • Garden

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,668 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Blinds
  • Ceramic Tile Flooring

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $21,180
  • Rent includes electricity, cable TV, water
  • Assessor Parcel Number 00424335110120230

Community Details

Overview

  • 2 Units
  • Royal Palm Estates 2 Subdivision

Building Details

  • Operating Expense $4,863
  • Net Operating Income $16,317

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,368

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Southern Blvd to Avocado
  • Year Built: 1981
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1668.0
  • Window Features: Blinds, Metal, Single Hung

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden, Water
  • Lot Features: Corner Lot
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV, Water
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00424335110120230
  • Lot Size Sq Ft: 12500.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 16317.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 4863.0
  • Total Actual Rent: 21180.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2368.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2024
Sold by
Suarez Herbert Gustavo Rivas
Bought by
Suarez Romnel and Ocampo Adriana
Current Estimated Value
$536,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$370,944
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$165,669

Purchase Details

Listed on
Jul 7, 2016
Closed on
Sep 28, 2016
Sold by
Gondry Jesus M
Bought by
Suarez Herbert Gustavo Rivas
Seller's Agent
Zalman Salman
Salman Realty
Buyer's Agent
Martha Rodriguez
Grand Realty of America, Corp.
List Price
$259,900
Sold Price
$235,000
Premium/Discount to List
-$24,900
-9.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%

Purchase Details

Closed on
Feb 13, 2006
Sold by
V & G Management Llc
Bought by
Gondry Jesus M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,300
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 7, 2003
Sold by
Hartsuiker John
Bought by
V & G Management Llc
Source: Public Records

Range of Values:

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Average Value
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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
Suarez Romnel $500,000 Tropics Title Services
Suarez Herbert Gustavo Rivas $235,000 None Available
Gondry Jesus M $237,000 Express Land Title Inc
V & G Management Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suarez Romnel $375,000
Previous Owner Gondry Jesus M $213,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2016 09/28/16 Sold $235,000 -9.6% $141 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $259,900 -- $156 / 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 $5,867 $287,460 -- --
2023 $5,694 $261,327 $183,000 $169,060
2022 $5,133 $237,570 $0 $0
2021 $4,526 $220,207 $88,000 $132,207
2020 $4,301 $214,881 $88,000 $126,881
2019 $4,033 $196,773 $88,000 $108,773
2018 $3,522 $172,010 $77,963 $94,047
2017 $3,166 $147,513 $51,975 $95,538
2016 $2,512 $98,253 $0 $0
2015 $2,368 $89,321 $0 $0
2014 $2,245 $81,201 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2016

    Zalman Salman

    Salman Realty

  • Martha Rodriguez

    Buyer's Agent in 2016

    Martha Rodriguez

    Grand Realty of America, Corp.

    (561) 320-7675

    4 in this area

    23 Total Sales

    Martha Rodriguez
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Map

Source: BeachesMLS

MLS Number: R10248988

BeachesMLS

APN: 00-42-43-35-11-012-0230

Florida Palm Beach County West Palm Beach 33413 Royal Palm Estates

5735 Kumquat Rd Unit 5735 & 5737, West Palm Beach, FL

This home is located at 5735 Kumquat Rd Unit 5735 & 5737, West Palm Beach, FL 33413 since 07 July 2016 and is currently estimated at $536,613, approximately $321 per square foot. This property was built in 1981. 5735 Kumquat Rd Unit 5735 & 5737 is a home located in Palm Beach County with nearby schools including Benoist Farms Elementary School, Jeaga Middle School, and Royal Palm Beach 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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