NOT LISTED FOR SALE

Estimated Value: $367,000 - $478,393

2 Beds
2 Baths
2,038 Sq Ft
$197/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $355,000 $174 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,836/month

60 Days on Market

Highlights

  • Water Views
  • Open Patio
  • No Heating
  • Porch
  • Tile Flooring
  • 5-minute walk to Fogleman Park

About This Home

As of July 2024

BACK ON MARKET!! CBS Duplex. Each unit has 2 bedrooms and 1 bath with open patio. Individual meters. Driveway parking. Great investment property. Interior of property cannot be seen at this time. Property has been boarded by the City of WPB. Interior inspections will be offered upon accepted offer.

Last Agent to Sell the Property

Paula Koke

Coldwell Banker Realty License #3216731 Listed on: 04/10/2024

Coldwell Banker Realty

Co-Listed By

Sue Lavati

Coldwell Banker Realty License #205596

Last Buyer's Agent

Christopher Saia

Northwood Realty LLC License #3181809

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 5,266 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,038 Sq Ft Home
  • 1-Story Property
  • Water Views

Flooring

  • Laminate
  • Tile

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • No Cooling
  • No Heating
  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 74434304050250140

Community Details

Overview

  • 2 Units
  • North Palm Bch 2 Subdivision

Building Details

  • Operating Expense $18,600
  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: 45TH ST to US 1/Broadway, N 1 block to 46th St. - Asset on right.
  • Year Built: 1974
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: 5120
  • Stories: 1

Interior Features

  • Flooring: Laminate, Tile
  • Living Area: 2038.0

Exterior Features

  • Exterior Features: Porch
  • View: Other, Water
  • 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: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 74434304050250140
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 5266.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Common Area Maintenance, Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 15000.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 18600.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16646.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Jun 7, 2024
Sold by
Lsf10 Master Participation Trust and Us Bank Trust National Association
Bought by
623 46Th Land Trust and 623 46Th Street Llc
Seller's Agent
Paula Koke
Coldwell Banker Realty
Buyer's Agent
Christopher Saia
Northwood Realty LLC
List Price
$352,500
Sold Price
$355,000
Premium/Discount to List
$2,500
0.71%
Total Days on Market
60
Views
49
Current Estimated Value
$401,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,348
Avg. Annual Appreciation
13.94%
Original Mortgage
$400,000
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2022
Sold by
Adel Erian
Bought by
Lsf10 Master Participation Trust

Purchase Details

Closed on
Mar 21, 2006
Sold by
Gibbs Joseph G
Bought by
Erian Adel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,800
Interest Rate
6.23%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 12, 2005
Sold by
Smith Samuel E
Bought by
Gibbs Joseph G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac
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
623 46Th Land Trust $355,000 Paramount Title
Lsf10 Master Participation Trust $260,100 --
Erian Adel $244,000 None Available
Gibbs Joseph G $186,000 Universal Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 623 46Th Land Trust $400,000
Previous Owner Erian Adel $234,400
Previous Owner Erian Adel $43,950
Previous Owner Erian Adel $48,800
Previous Owner Erian Adel $195,200
Previous Owner Gibbs Joseph G $148,800
Previous Owner Smith Samuel E $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $355,000 +1.5% $174 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
06/02/2024 06/02/24 Price Changed $349,900 -0.7% $172 / Sq Ft
05/30/2024 05/30/24 For Sale $352,500 0.0% $173 / Sq Ft
05/12/2024 05/12/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $352,500 -- $173 / 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 $7,438 $343,399 -- --
2023 $16,646 $362,623 $77,134 $285,489
2022 $4,746 $168,120 $0 $0
2021 $4,308 $238,999 $32,200 $206,799
2020 $4,040 $224,168 $51,750 $172,418
2019 $3,674 $192,954 $46,000 $146,954
2018 $1,172 $87,801 $0 $0
2017 $1,070 $82,852 $0 $0
2016 $1,005 $38,458 $0 $0
2015 $959 $36,308 $0 $0
2014 $916 $34,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10977208

BeachesMLS

APN: 74-43-43-04-05-025-0140