NOT LISTED FOR SALE

622 El Vedado West Palm Beach, FL 33405

Prospect Heights Neighborhood

Estimated Value: $631,000 - $1,036,000

-- Bed
2 Baths
2,168 Sq Ft
$383/Sq Ft Est. Value

Last Sold February 03, 2022

Last sale price $630,000 $291 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,513/month

13 Days on Market

About This Home

As of February 2022

Looking to be the proud owner of this cash flow property, the best location in Palm Beach county, close to the Ocean,Restaurants, stores and i95 Highway, just minutes from Palm beach international Airport,ready to move in property, no restrictions ,open parking space for up to 8 cars.

Last Agent to Sell the Property

Frank Alvarez

Century 21 WC Realty License #3132637 Listed on: 12/21/2021

Century 21 WC Realty

Last Buyer's Agent

Patrick Albright

Vickery Realty, Inc License #3405219

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,107

Year Built

  • Built in 1940

Lot Details

  • 10,700

Home Design

  • Triplex
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,168 Sq Ft Home
  • 3-Story Property
  • Ceramic Tile Flooring

Additional Features

  • 10,700 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units
  • Vista Encanto Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434333270040270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,107

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Southern blvd east of i95 to Georgia av ,north to property , SE corner Georgia X El Vedado.
  • Year Built: 1940
  • Building Stories: 3
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2168.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Frame, Other
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434333270040270
  • Lot Size Sq Ft: 10700.0
  • Zoning Description: SF14(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5107.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Feb 3, 2022
Sold by
Audon Electric Llc
Bought by
Mahmood Asam and Schreiber Melanie
Seller's Agent
Frank Alvarez
Century 21 WC Realty
Buyer's Agent
Patrick Albright
Vickery Realty, Inc
List Price
$630,000
Sold Price
$630,000
Current Estimated Value
$829,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,490
Avg. Annual Appreciation
6.89%
Original Mortgage
$472,500
Outstanding Balance
$442,425
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$353,533

Purchase Details

Listed on
Mar 31, 2021
Closed on
Jul 6, 2021
Sold by
Hernandez Margarita
Bought by
Audon Electric Llc
Seller's Agent
Scott Bagoon
Keller Williams Realty Consultants
Buyer's Agent
Janet Cordero
Fine Living Realty of Palm Beaches
List Price
$414,000
Sold Price
$365,000
Premium/Discount to List
-$49,000
-11.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
197.92%
Original Mortgage
$237,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2011
Sold by
Guzman Marileidy and Alvarez Yamily
Bought by
Hernandez Margarita

Purchase Details

Closed on
Jun 11, 2002
Sold by
Belliard Rafael
Bought by
Hernandez Orvelio and Hernandez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2001
Sold by
Ross Rodberg I
Bought by
Belliard Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,700
Interest Rate
7.09%
Mortgage Type
New Conventional
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
Mahmood Asam $630,000 Florida Land Title
Audon Electric Llc $365,000 Title Alliance Professionals
Hernandez Margarita -- Attorney
Hernandez Orvelio $173,000 Fidelity National Title Ins
Belliard Rafael $135,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahmood Asam $472,500
Previous Owner Audon Electric Llc $237,000
Previous Owner Hernandez Orvelio $136,789
Previous Owner Hernandez Orvelio $138,400
Previous Owner Belliard Rafael $108,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2022 02/03/22 Sold $630,000 0.0% $291 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
12/21/2021 12/21/21 For Sale $630,000 +72.6% $291 / Sq Ft
08/06/2021 08/06/21 Sold $365,000 -11.8% $168 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $414,000 -- $191 / 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 $11,178 $516,146 -- --
2023 $11,533 $530,225 $161,186 $369,039
2022 $7,939 $348,173 $0 $0
2021 $5,107 $230,831 $93,000 $137,831
2020 $4,770 $214,520 $78,000 $136,520
2019 $4,448 $196,520 $60,000 $136,520
2018 $3,900 $186,402 $63,199 $123,203
2017 $3,603 $175,869 $52,666 $123,203
2016 $3,403 $122,401 $0 $0
2015 $3,218 $111,274 $0 $0
2014 $2,915 $101,158 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2022

    Frank Alvarez

    Century 21 WC Realty

    (561) 355-0270

    1 in this area

    35 Total Sales

    Section Image
  • Patrick Albright

    Buyer's Agent in 2022

    Patrick Albright

    Vickery Realty, Inc

    (561) 523-8087

    1 in this area

    33 Total Sales

    Section Image

  • S

    Seller's Agent in 2021

    Scott Bagoon

    Keller Williams Realty Consultants

    (954) 263-7836

    1 in this area

    23 Total Sales

    Section Image
  • Janet Cordero

    Buyer's Agent in 2021

    Janet Cordero

    Fine Living Realty of Palm Beaches

    (561) 262-0273

    1 in this area

    50 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10766007

BeachesMLS

APN: 74-43-43-33-27-004-0270

Florida Palm Beach County West Palm Beach 33405 Prospect Heights

622 El Vedado, West Palm Beach, FL

This home is located at 622 El Vedado, West Palm Beach, FL 33405 since 21 December 2021 and is currently estimated at $829,490, approximately $382 per square foot. This property was built in 1940. 622 El Vedado is a home located in Palm Beach County with nearby schools including Belvedere 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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