NOT LISTED FOR SALE

613 5th St Unit 4 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $549,000 - $561,000

8 Beds
4 Baths
2,550 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $260,000 $102 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,795/month

1 Day on Market

Highlights

  • Fruit Trees
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Porch
  • Open Patio
  • 3-minute walk to Alice Mickens Park

About This Home

As of April 2016

4 flex building located minutes from downtown WPBall units are 2 bed / 1 bath. newer kitchen, bathroom, windows units, tile floors, large front yard, and assigned parking

Andrea Fogarty

Illustrated Properties LLC (Jupiter) License #665528 Listed on: 03/28/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,452

Year Built

  • Built in 1963

Lot Details

  • 6,970 Sq Ft Lot
  • Fruit Trees

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,550 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Outdoor Features

  • Open Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Total Actual Rent $43,200
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 74434321060120170

Community Details

Overview

  • 4 Units
  • Clows Subdivision

Building Details

  • Operating Expense $8,200
  • Net Operating Income $35,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,452

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: 5th st and rosemary st downtown west palm beach
  • Year Built: 1963
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2550.0

Exterior Features

  • Exterior Features: Fruit Trees, Porch
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 74434321060120170
  • Lot Size Sq Ft: 6970.0
  • Zoning Description: NWD-R(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 35000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 8200.0
  • Total Actual Rent: 43200.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3452.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2016
Closed on
Apr 29, 2016
Sold by
A To Z Inveatment Group Llc
Bought by
United Finanfcial Associatopn
Buyer's Agent
Andrea Fogarty
Illustrated Properties LLC (Jupiter)
List Price
$260,000
Sold Price
$260,000
Total Days on Market
1
Current Estimated Value
$555,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,000
Avg. Annual Appreciation
11.36%

Purchase Details

Closed on
Aug 27, 2014
Sold by
Aegis Properties Of South Florida Llc
Bought by
A To Z Investment Group Llc

Purchase Details

Closed on
May 21, 2014
Sold by
Caicedo Deborah and Caicedo Enrique
Bought by
Aegis Properties Of South Florida Llc

Purchase Details

Closed on
Apr 3, 2003
Sold by
Omega Partners Llc
Bought by
Caicedo Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2002
Sold by
Wester Gloria Kinsey
Bought by
Omega Partners Llc

Purchase Details

Closed on
Aug 6, 1996
Sold by
Clerk Of The Court
Bought by
Kinsey Alton
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
United Finanfcial Associatopn $260,000 Attorney
A To Z Investment Group Llc $135,000 Attorney
Aegis Properties Of South Florida Llc $107,600 None Available
Caicedo Enrique $130,000 Southeast Fl Lawyers Title
Omega Partners Llc $65,000 Southeast Fl Lawyers Title I
Kinsey Alton $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caicedo Enrique $256,500
Previous Owner Caicedo Enrique $122,400
Previous Owner Caicedo Enrique $136,000
Previous Owner Caicedo Enrique $123,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $260,000 0.0% $102 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $260,000 -- $102 / 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 $8,306 $309,363 -- --
2023 $7,202 $281,239 $62,902 $310,621
2022 $6,602 $255,672 $0 $0
2021 $6,118 $273,088 $46,250 $226,838
2020 $5,422 $211,299 $40,700 $170,599
2019 $5,509 $241,354 $51,800 $189,554
2018 $4,506 $180,917 $36,950 $143,967
2017 $4,114 $165,023 $32,130 $132,893
2016 $3,736 $141,474 $0 $0
2015 $3,452 $128,613 $0 $0
2014 $2,319 $70,942 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Fogarty

    Buyer's Agent in 2016

    Andrea Fogarty

    Illustrated Properties LLC (Jupiter)

    (561) 352-9690

    74 Total Sales

    Andrea Fogarty
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Map

Source: BeachesMLS

MLS Number: R10220490

BeachesMLS

APN: 74-43-43-21-06-012-0170

Florida Palm Beach County West Palm Beach 33401 Downtown West Palm Beach

613 5th St Unit 4, West Palm Beach, FL

This home is located at 613 5th St Unit 4, West Palm Beach, FL 33401 since 28 March 2016 and is currently estimated at $555,000, approximately $217 per square foot. This property was built in 1963. 613 5th St Unit 4 is a home located in Palm Beach County with nearby schools including Roosevelt 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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