617 54th St West Palm Beach, FL 33407
Northwood Legacy Neighborhood
2
Beds
2
Baths
1,230
Sq Ft
5,101
Sq Ft Lot
Highlights
- Tile Flooring
- Florida or Dining Combination
- 1-Story Property
- Central Heating and Cooling System
- Stacked Bedrooms
About This Home
As of October 2024INVESTOR SPECIAL!!! This is a rare opportunity to purchase a true value-add renovation project. This property features a 2 bedroom, 1 bathroom main home, an attached studio apartment/guest unit, and a bonus storage building all on one parcel. Main home has undergone remediation of fire damage. Ready to be put back together. Great opportunity to fix & flip, rent out both units and hold, or live in the main house and rent out the studio apartment for extra income. Roof replaced in 2019. Impact windows & doorsBring all offers!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,515
Year Built
- Built in 1950
Lot Details
- 5,101 Sq Ft Lot
- Property is zoned SF7(ci
Home Design
- Fixer Upper
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,230 Sq Ft Home
- 1-Story Property
- Florida or Dining Combination
- Tile Flooring
Bedrooms and Bathrooms
- 2 Bedrooms
- Stacked Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Over 1 Space Per Unit
- Driveway
Utilities
- Central Heating and Cooling System
Community Details
- North Palm Bch 4 Subdivision
Listing and Financial Details
- Assessor Parcel Number 74434304080620390
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2024
Closed on
Oct 31, 2024
Sold by
Kodz Aaron and Kodz Farideh
Bought by
617 54Th St Llc
Seller's Agent
Dan DeMott
LPT Realty, LLC
List Price
$250,000
Sold Price
$270,000
Premium/Discount to List
$20,000
8%
Views
23
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
$191,396
Avg. Annual Appreciation
63.70%
Original Mortgage
$293,000
Outstanding Balance
$74,924
Interest Rate
6.08%
Mortgage Type
Construction
Estimated Equity
$331,533
Purchase Details
Listed on
Mar 5, 2019
Closed on
Jul 16, 2019
Sold by
Dio Properties Llc
Bought by
Kodz Aaron and Kodz Farideh
Seller's Agent
Tiffany Shlomi
The Keyes Company
Buyer's Agent
Dan DeMott
LPT Realty, LLC
List Price
$239,900
Sold Price
$235,000
Premium/Discount to List
-$4,900
-2.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.65%
Original Mortgage
$188,000
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 26, 2018
Closed on
Nov 26, 2018
Sold by
Southern Engineering & Construction Llc
Bought by
Dio Properties Llc
Seller's Agent
Nicholas Arsali
Nextera Realty
Buyer's Agent
Tiffany Shlomi
The Keyes Company
List Price
$99,900
Sold Price
$109,100
Premium/Discount to List
$9,200
9.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
238.03%
Original Mortgage
$136,275
Interest Rate
4.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 9, 2013
Sold by
Northwood Trust Inc
Bought by
Southern Engineering & Construction Llc
Purchase Details
Closed on
Sep 1, 2011
Sold by
First American Trust Corp
Bought by
Northwood Trust Inc
Purchase Details
Closed on
Aug 16, 2010
Sold by
Sullivan Reginald V and Jenkins Shirley
Bought by
First American Trust Corp
Purchase Details
Closed on
Sep 5, 1997
Sold by
Viswat Henry W and Viswat Marjorie C
Bought by
Surdi Raymond and Truglio Francesco P
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $270,000 | First American Title Insurance | |
| Warranty Deed | $235,000 | Attorney | |
| Special Warranty Deed | $109,100 | None Available | |
| Special Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Trustee Deed | $15,100 | None Available | |
| Warranty Deed | $31,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $293,000 | Construction | |
| Previous Owner | $188,000 | New Conventional | |
| Previous Owner | $136,275 | Commercial | |
| Previous Owner | $149,500 | Unknown | |
| Previous Owner | $94,500 | Fannie Mae Freddie Mac | |
| Closed | $0 | No Value Available | |
| Closed | $7,812 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $270,000 | +8.0% | $220 / Sq Ft |
| 09/18/2024 09/18/24 | For Sale | $250,000 | +6.4% | $203 / Sq Ft |
| 07/16/2019 07/16/19 | Sold | $235,000 | -2.0% | $191 / Sq Ft |
| 06/16/2019 06/16/19 | Pending | -- | -- | -- |
| 03/05/2019 03/05/19 | For Sale | $239,900 | +119.9% | $195 / Sq Ft |
| 11/28/2018 11/28/18 | Sold | $109,100 | +9.2% | $89 / Sq Ft |
| 10/29/2018 10/29/18 | Pending | -- | -- | -- |
| 10/26/2018 10/26/18 | For Sale | $99,900 | -- | $81 / 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 | $3,789 | $156,860 | -- | -- |
| 2023 | $3,515 | $142,600 | $61,190 | $126,150 |
| 2022 | $3,185 | $129,636 | $0 | $0 |
| 2021 | $2,841 | $117,851 | $32,200 | $85,651 |
| 2020 | $3,040 | $125,952 | $27,600 | $98,352 |
| 2019 | $2,313 | $91,921 | $21,850 | $70,071 |
| 2018 | $1,754 | $82,678 | $23,465 | $59,213 |
| 2017 | $1,502 | $59,456 | $12,350 | $47,106 |
| 2016 | $1,542 | $58,080 | $0 | $0 |
| 2015 | $1,461 | $52,800 | $0 | $0 |
| 2014 | $1,584 | $59,491 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dan DeMott
D
Seller's Agent in 2024
Dan DeMott
LPT Realty, LLC
(877) 366-2213
2 in this area
147 Total Sales
-
Tiffany Shlomi
Seller's Agent in 2019
Tiffany Shlomi
The Keyes Company
(561) 252-1069
1 in this area
90 Total Sales
-
Nicholas Arsali
N
Seller's Agent in 2018
Nicholas Arsali
Nextera Realty
(561) 740-1998
16 Total Sales
Map
Source: BeachesMLS
MLS Number: R11022447
APN: 74-43-43-04-08-062-0390
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