K
Seller's Agent in 2017
Keith Musbach
The Corcoran Group
(561) 309-4198
27 Total Sales
600 49th St West Palm Beach, FL 33407
Northwood Legacy NeighborhoodEstimated Value: $355,000 - $533,000
5
Beds
3
Baths
2,070
Sq Ft
$203/Sq Ft
Est. Value
Highlights
- Water Views
- Cooling System Mounted To A Wall/Window
- 5-minute walk to Fogleman Park
- Wood Flooring
- No Heating
About This Home
As of February 2017Great investment property located in Northwood just one property off of Broadway. This 4 unit property features 1 unit with 3 bedrooms and 1 bath, 1 unit with 2 bedrooms and 1 bath, and 2 1 bedroom 1 bath. Currently 3 of the 4 units are rented
Last Agent to Sell the Property
The Corcoran Group License #3070469 Listed on: 12/17/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,032
Year Built
- Built in 1936
Lot Details
- 4,560 Sq Ft Lot
Home Design
- Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,070 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Water Views
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
- Cable TV Available
Listing and Financial Details
- Total Actual Rent $31,000
- Rent includes electricity, cable TV
- Assessor Parcel Number 74434304050230010
Community Details
Overview
- 4 Units
- North Palm Bch 2 Subdivision
Building Details
- Operating Expense $3,032
- Net Operating Income $27,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 17, 2016
Closed on
Feb 14, 2017
Sold by
Woodland Gardens Llc
Bought by
Rosso Bryan M
Seller's Agent
Keith Musbach
The Corcoran Group
Buyer's Agent
Keith Musbach
The Corcoran Group
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
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
$260,933
Avg. Annual Appreciation
15.37%
Purchase Details
Listed on
Oct 17, 2011
Closed on
Feb 2, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Woodland Gardens Llc
Seller's Agent
Lawrence Bonspille
LPT Realty, LLC
Buyer's Agent
Keith Musbach
The Corcoran Group
List Price
$64,900
Sold Price
$62,500
Premium/Discount to List
-$2,400
-3.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.46%
Purchase Details
Closed on
Oct 10, 2011
Sold by
Aurora Loan Services Llc
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Apr 20, 2007
Sold by
Russo Louis P
Bought by
Cover Julian Jorge
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
8.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 30, 2004
Sold by
Senechal Morris A and Senechal Teresa A
Bought by
Russo Louis P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 29, 2003
Sold by
Senechal Morris A and Senechal Teresa A
Bought by
Senechal Morris A
Purchase Details
Closed on
Mar 12, 2003
Sold by
Foley David J and Robinson Richard
Bought by
Senechal Morris A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
5.88%
Mortgage Type
Balloon
Purchase Details
Closed on
Feb 24, 1995
Sold by
Lewis Virginia D and Turner Geneva B
Bought by
Foley David J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.89%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rosso Bryan M | $160,000 | Sunbelt Title Agency | |
| Woodland Gardens Llc | $62,500 | Attorney | |
| Federal Home Loan Mortgage Corporation | -- | Attorney | |
| Cover Julian Jorge | $303,000 | Tlc Title Company Of Fl Inc | |
| Russo Louis P | $220,000 | Express Land Title Inc | |
| Senechal Morris A | -- | -- | |
| Senechal Morris A | $85,000 | Integrity Land Title | |
| Foley David J | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cover Julian Jorge | $303,000 | |
| Previous Owner | Russo Louis P | $150,000 | |
| Previous Owner | Senechal Morris A | $82,500 | |
| Previous Owner | Foley David J | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/17/2017 02/17/17 | Sold | $160,000 | -8.6% | $77 / Sq Ft |
| 01/18/2017 01/18/17 | Pending | -- | -- | -- |
| 12/17/2016 12/17/16 | For Sale | $175,000 | +180.0% | $85 / Sq Ft |
| 01/31/2012 01/31/12 | Sold | $62,500 | -3.7% | $30 / Sq Ft |
| 01/01/2012 01/01/12 | Pending | -- | -- | -- |
| 10/17/2011 10/17/11 | For Sale | $64,900 | -- | $31 / 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 | $6,359 | $253,596 | -- | -- |
| 2023 | $6,061 | $230,542 | $55,800 | $223,429 |
| 2022 | $5,685 | $209,584 | $0 | $0 |
| 2021 | $5,157 | $197,512 | $36,480 | $161,032 |
| 2020 | $4,853 | $185,979 | $36,480 | $149,499 |
| 2019 | $4,507 | $163,831 | $36,480 | $127,351 |
| 2018 | $3,618 | $143,149 | $36,343 | $106,806 |
| 2017 | $3,203 | $132,912 | $36,343 | $96,569 |
| 2016 | $3,032 | $111,444 | $0 | $0 |
| 2015 | $2,856 | $101,313 | $0 | $0 |
| 2014 | $2,747 | $92,103 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Musbach
-
Lawrence Bonspille
L
Seller's Agent in 2012
Lawrence Bonspille
LPT Realty, LLC
(561) 632-1811
6 Total Sales
Map
Source: BeachesMLS
MLS Number: R10292306
APN: 74-43-43-04-05-023-0010
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