NOT LISTED FOR SALE

Estimated Value: $462,000 - $553,000

4 Beds
2 Baths
1,624 Sq Ft
$310/Sq Ft Est. Value

Last Sold April 18, 2019

Last sale price $238,000 $147 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,329/month

7 Days on Market

Highlights

  • Room in yard for a pool
  • Ceramic Tile Flooring
  • Fenced
  • Patio
  • Central Heating and Cooling System
  • Wood Siding

About This Home

As of April 2019

Duplex, investment opportunity just minutes from downtown West Palm Beach. Two units, identical floor plans. Updated kitchens, two bedrooms on each side, tile throughout, laundry inside, lots of yard space, Move into one side & rent the other side to pay your mortgage!

Last Agent to Sell the Property

Elizabeth Bridges

Douglas Elliman License #3120252 Listed on: 03/11/2019

Douglas Elliman

Last Buyer's Agent

Carlos Caicedo

RE/MAX Direct License #3097908

RE/MAX Direct

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,994

Year Built

  • Built in 1986

Lot Details

  • 6,000 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,624 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434309050350251

Community Details

Overview

  • 2 Units
  • Northwood Add Subdivision

Building Details

  • Operating Expense $7,269
  • Net Operating Income $13,653

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,994

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: US 1 to 37th St.
  • Year Built: 1986
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1624.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence, Patio, Room For Pool
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434309050350251
  • Lot Size Sq Ft: 6000.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 13653.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 7269.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1994.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2022
Sold by
Rodriguez Jorge A
Bought by
Johnson Malcolm Donovan and Johnson Damion Onielie
Current Estimated Value
$503,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Outstanding Balance
$280,475
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$205,207

Purchase Details

Listed on
Mar 11, 2019
Closed on
Apr 18, 2019
Sold by
Drown Joshua R and Drown Lorraine S
Bought by
Rodriguez Jorge A
Seller's Agent
Elizabeth Bridges
Douglas Elliman
Buyer's Agent
Carlos Caicedo
RE/MAX Direct
List Price
$249,000
Sold Price
$238,000
Premium/Discount to List
-$11,000
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.83%
Original Mortgage
$177,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2006
Sold by
Carroll Valerie D and Parker Valerie D
Bought by
Drown Joshua R and Drown Lorraine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,630
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 8, 1996
Sold by
Barbier Ronald and Barbier Rebecca
Bought by
Carroll Valerie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,170
Interest Rate
7.29%
Mortgage Type
FHA
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
Johnson Malcolm Donovan $390,000 Land Title Services
Rodriguez Jorge A $238,000 Attorney
Drown Joshua R $238,630 Flagler Title Co
Carroll Valerie D $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Malcolm Donovan $292,500
Previous Owner Rodriguez Jorge A $177,000
Previous Owner Drown Joshua R $238,630
Previous Owner Carroll Valerie D $53,170
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2019 04/18/19 Sold $238,000 -4.4% $147 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $249,000 -- $153 / 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 $7,108 $324,961 -- --
2023 $6,492 $295,419 $84,860 $210,559
2022 $4,732 $197,984 $0 $0
2021 $4,327 $182,992 $30,000 $152,992
2020 $3,985 $163,623 $30,000 $133,623
2019 $2,581 $152,715 $28,000 $124,715
2018 $1,994 $106,966 $19,772 $87,194
2017 $1,824 $98,439 $15,209 $83,230
2016 $1,733 $54,611 $0 $0
2015 $1,578 $49,646 $0 $0
2014 $1,495 $45,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10511850

BeachesMLS

APN: 74-43-43-09-05-035-0251