NOT LISTED FOR SALE

Estimated Value: $368,278 - $537,000

5 Beds
3 Baths
1,550 Sq Ft
$307/Sq Ft Est. Value

Last Sold May 10, 2013

Last sale price $61,075 $39 Per Sq Ft

Est. 668% increase in value since last sale

Current estimated payment $2,965/month

19 Days on Market

Highlights

  • Water Views
  • Terrazzo Flooring
  • 5-minute walk to Fogleman Park
  • Cooling System Mounted To A Wall/Window

About This Home

As of May 2013

Income potential with this West Palm Beach duplex. Two bedrooms and 2 full baths in one unit, two bedrooms and 1 full bath in the other. Prime location near US 1, public transportation and the hospital with easy access to Downtown WPB. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Warren Cleveland

Every Florida Home License #3204490 Listed on: 03/21/2013

Co-Listed By

Jeanne Greek

Gulfstream Properties License #3013868

Last Buyer's Agent

Christine Velez

Higher Standards Real Estate License #674035

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $824

Year Built

  • Built in 1966

Lot Details

  • 5,271

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Water Views

Flooring

  • Terrazzo
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Community Details

  • 2 Units
  • North Palm Beach 02 Subdivision

Listing and Financial Details

  • Rent includes electricity, sewer, cable TV, water
  • Assessor Parcel Number 74434304050270680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$824

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I-95 TO 45TH ST, WEST TO PROPERTY, BETWEEN PINEWOOD & US1
  • Year Built: 1966
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Vinyl
  • Living Area: 1550.0
  • Window Features: Metal, Single Hung

Exterior Features

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

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Sewer, Cable TV, Water
  • Senior Community: No

Lot Info

  • Parcel #: 74434304050270680
  • Zoning Description: Sf7

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 824.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2018
Sold by
Neqw Action Property Investment Llc
Bought by
Flamingo Properties 4105 Llc
Current Estimated Value
$469,219

Purchase Details

Listed on
Mar 21, 2013
Closed on
May 10, 2013
Sold by
Federal National Mortgage Association
Bought by
New Action Property Investment Llc
Seller's Agent
Warren Cleveland
Every Florida Home
Buyer's Agent
Christine Velez
Higher Standards Real Estate
List Price
$53,000
Sold Price
$61,075
Premium/Discount to List
$8,075
15.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.82%

Purchase Details

Closed on
Apr 17, 2012
Sold by
Pessoa Paul A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 3, 2002
Sold by
Pessoa Trevor L
Bought by
Pessoa Paul

Purchase Details

Closed on
Mar 22, 2001
Sold by
Paul Pessga I
Bought by
Pessoa Trovor

Purchase Details

Closed on
Mar 30, 2000
Sold by
Betty J West Tr
Bought by
Pessoa Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 1994
Sold by
West Betty Jane
Bought by
West Betty J
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
Flamingo Properties 4105 Llc $215,000 First American Title Ins Co
New Action Property Investment Llc $61,075 Attorney
Federal National Mortgage Association $27,900 None Available
Pessoa Paul -- --
Pessoa Trovor -- --
Pessoa Paul A $75,000 --
West Betty J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pessoa Paul A --
Previous Owner Pessoa Paul A $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2013 05/10/13 Sold $61,075 +15.2% $39 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $53,000 -- $34 / 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 $5,901 $241,701 -- --
2023 $5,365 $219,728 $77,590 $209,029
2022 $4,713 $199,753 $0 $0
2021 $4,341 $181,594 $25,500 $156,094
2020 $4,054 $166,778 $25,500 $141,278
2019 $3,848 $155,659 $23,800 $131,859
2018 $2,395 $101,418 $17,221 $84,197
2017 $2,191 $93,617 $13,247 $80,370
2016 $2,069 $78,563 $0 $0
2015 $1,890 $71,421 $0 $0
2014 $1,837 $68,185 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3353943

BeachesMLS

APN: 74-43-43-04-05-027-0680