NOT LISTED FOR SALE

608 58th St West Palm Beach, FL 33407

Northwood Legacy Neighborhood

Estimated Value: $241,000 - $478,000

2 Beds
2 Baths
758 Sq Ft
$443/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $34,000 $45 Per Sq Ft

Est. 888% increase in value since last sale

Current estimated payment $2,021/month

13 Days on Market

Highlights

  • Water Views
  • Cooling System Mounted To A Wall/Window
  • Fenced
  • Interior Lot
  • Ceiling Fan
  • Wall Furnace

About This Home

As of July 2013

GREAT INVESTMENT OPPORTUNITY- TWO 1/1'S BUT ONE COULD BE A LEASED AS A 2/1 LIKE OTHER PROPERTIES IN THE AREA AND IS RENOVATED WITH APPLIANCES. THE OTHER UNIT NEEDS WORK. LARGE LOT WITH MATURE TREES / PARTIALLY FENCED. ALMOST READY TO PRODUCE INCOME! GREAT INVESTMENT OPPORTUNITY!! TWO 1/1'S WITH ONE OF THE UNITS OFFERING A POSSIBLE SECOND BR AS MANY PROPERTIES IN THE AREA PROVIDE. WITH A SMALL AMOUNT OOF WORK, THIS UNIT CAN BE LEASED IMMEDIATELY WITH REFRIGERATOR, RANGE AND AC IN PLACE. THE SECOND UNIT IS PARTIALLY RENOVATED AND HAS SOME OF THE MATERIALS ALREADY ON SITE. PROPERTY IS ON A LARGE LOT WITH MATURE TREES AND PARTIALLY FENCED. ROOF IS IN GREAT SHAPE AND EXTERIOR HAS BEEN RE-STUCCOED. DON'T MISS THIS GREAT INVESTMENT OPPORTUNITY WITH ONE OF THE LOWEST DUPLEX PRICES ON THE MARKET

Last Agent to Sell the Property

Loye Matika

The Keyes Company License #3224765 Listed on: 05/29/2013

The Keyes Company

Last Buyer's Agent

Loye Matika

The Keyes Company License #3224765 Listed on: 05/29/2013

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $612

Year Built

  • Built in 1941

Lot Details

  • Fenced
  • Interior Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 758 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Water Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • 4 Units
  • North Palm Beach 04 Subdivision

Listing and Financial Details

  • Rent includes electricity, gas, sewer, cable TV, water
  • Assessor Parcel Number 74434304080650090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$612

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: BROADWAY S OF THE PORT OF PALM BEACH. W ON 58TH ST ON SOUTH SIDE
  • Year Built: 1941
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 758.0

Exterior Features

  • Exterior Features: Fence
  • View: Other, Water
  • Lot Features: Interior Lot, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Frame, Stucco
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Gas, Sewer, Cable TV, Water
  • Senior Community: No

Lot Info

  • Parcel #: 74434304080650090
  • Zoning Description: Sf7

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 612.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
Avilez Guillermo and Avilez Maureen
Bought by
Davis Brandi
Current Estimated Value
$335,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,970
Outstanding Balance
$114,946
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$163,498

Purchase Details

Listed on
May 29, 2013
Closed on
Jul 12, 2013
Sold by
Imam Amir
Bought by
Avilez Guillermo and Avilez Maureen
Seller's Agent
Loye Matika
The Keyes Company
Buyer's Agent
Loye Matika
The Keyes Company
List Price
$40,000
Sold Price
$34,000
Premium/Discount to List
-$6,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.76%

Purchase Details

Closed on
Jun 21, 2012
Sold by
Federal National Mortgage Association
Bought by
Imam Amir

Purchase Details

Closed on
Jul 18, 2011
Sold by
Chollampel John A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 8, 2007
Sold by
Light Point Capitol Inc
Bought by
Chollampel John A

Purchase Details

Closed on
Feb 14, 2007
Sold by
Giancola Carl M and Morrison Linda A
Bought by
Light Point Capitol Inc

Purchase Details

Closed on
May 14, 2004
Sold by
Warshauer Howard and Bloom Gale
Bought by
Giancola Carl M and Morrison Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
9.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 1994
Sold by
Clerk Circuit Court
Bought by
Warshauer Howard

Purchase Details

Closed on
Feb 15, 1994
Sold by
Clerk Circuit Court
Bought by
1St Southern Natl Bk Lincoln Cty
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
Davis Brandi $150,000 Accommodation
Avilez Guillermo $34,000 Southeast Guaranty & Title I
Imam Amir $13,500 Attorney
Federal National Mortgage Association $13,700 None Available
Chollampel John A $129,000 Attorney
Light Point Capitol Inc $107,365 Attorney
Giancola Carl M $105,000 Universal Land Title Inc
Warshauer Howard -- --
1St Southern Natl Bk Lincoln Cty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Brandi $124,970
Previous Owner Giancola Carl M $89,250
Closed Giancola Carl M $10,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2013 07/12/13 Sold $34,000 -15.0% $45 / Sq Ft
06/12/2013 06/12/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $40,000 -- $53 / 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 $2,884 $163,031 -- --
2023 $3,126 $174,179 $79,104 $95,075
2022 $3,399 $142,282 $0 $0
2021 $2,253 $101,424 $32,200 $69,224
2020 $2,260 $115,020 $51,750 $63,270
2019 $2,089 $100,825 $46,000 $54,825
2018 $1,642 $70,131 $23,465 $46,666
2017 $1,456 $59,016 $12,350 $46,666
2016 $1,373 $48,567 $0 $0
2015 $1,286 $44,152 $0 $0
2014 $1,253 $40,138 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Loye Matika

    Seller's Agent in 2013

    Loye Matika

    The Keyes Company

    (561) 703-9825

    32 Total Sales

    Loye Matika
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Map

Source: BeachesMLS

MLS Number: R3370839

BeachesMLS

APN: 74-43-43-04-08-065-0090

Florida Palm Beach County West Palm Beach 33407 Northwood Legacy

608 58th St, West Palm Beach, FL

This home is located at 608 58th St, West Palm Beach, FL 33407 since 29 May 2013 and is currently estimated at $335,892, approximately $443 per square foot. This property was built in 1941. 608 58th St is a home located in Palm Beach County with nearby schools including West Riviera Elementary School, John F. Kennedy Middle School, and Palm Beach Lakes 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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