NOT LISTED FOR SALE

Estimated Value: $346,864 - $475,000

4 Beds
2 Baths
1,296 Sq Ft
$329/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $275,000 $212 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,752/month

50 Days on Market

Highlights

  • Room in yard for a pool
  • Jalousie or louvered window
  • Patio
  • Garden View
  • Cooling System Mounted To A Wall/Window
  • Terrazzo Flooring

About This Home

As of March 2021

Wide nice CBS Duplex. 2/1 Each unit is a 2/1 currently rented $1,250 a month. Both sides are identical in layout. Cash Flow income. Quiet tenants. Recently painted. Large back and front yard.. If you are looking for cash flow this is the building for you. Located Just 3 blocks away from the beautiful Intracoastal and parks. in an upcoming redevelopment area. The City is investing IN renovating neighborhood.. Close the cruises Port of the Palm Beaches and popular marinas. Just 7 minutes away from gorgeous City Place and West Palm Downtown. Good residential income property, close to GORGEOUS beaches, like Singer Island, schools, and shops. Convenient parking spots for each unit. Great price for this double income property.. Terrazzo flooring throughout.

Last Agent to Sell the Property

Linda Mason

Partnership Realty Inc. License #3155002 Listed on: 12/14/2020

Partnership Realty Inc.

Last Buyer's Agent

Matthias Fretz

Douglas Elliman (Jupiter) License #3283808

Douglas Elliman (Jupiter)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,064

Year Built

  • Built in 1964

Lot Details

  • 7,895

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Jalousie or louvered window
  • Terrazzo Flooring
  • Garden Views

Outdoor Features

  • Room in yard for a pool
  • Patio

Additional Features

  • 7,895 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 74434304050300500

Community Details

Overview

  • Association fees include hot water, parking, water
  • 2 Units
  • North Palm Bch 2 Subdivision

Building Details

  • Operating Expense $4,464
  • Net Operating Income $25,536

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,064

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Frm I-95 exit east on45th St. Then right on Pinewood, n left 42 St. If coming from Flagler Dr. go west on 45thSt and left on Pinewood till 42nd St. 718 &720 42ndSt are part of same property for sale.
  • Year Built: 1964
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1296.0
  • Window Features: Jalousie

Exterior Features

  • Exterior Features: Patio, Room For Pool
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Utilities: Water Available

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Hot Water, Parking, Water

Lot Info

  • Parcel #: 74434304050300500
  • Lot Size Sq Ft: 7895.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 25536.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 4464.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3064.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
Mar 5, 2021
Sold by
Mason Linda
Bought by
Jad 416 Llc
Seller's Agent
Linda Mason
Partnership Realty Inc.
Buyer's Agent
Matthias Fretz
Douglas Elliman (Jupiter)
List Price
$282,000
Sold Price
$275,000
Premium/Discount to List
-$7,000
-2.48%
Total Days on Market
50
Current Estimated Value
$426,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,466
Avg. Annual Appreciation
10.10%

Purchase Details

Closed on
Oct 2, 2017
Sold by
Sand Surf & Sun Properties Llc
Bought by
Mason Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
3.83%

Purchase Details

Closed on
Sep 28, 2016
Sold by
Mason Troy and Mason Linda
Bought by
Sand Surf And Sun Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,400
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2011
Sold by
Eh Pooled 1010 Lp
Bought by
Mason Troy and Mason Linda

Purchase Details

Closed on
Jan 5, 2011
Sold by
Citibank Na
Bought by
Eh Pooled 1010 Lp

Purchase Details

Closed on
Jun 21, 2010
Sold by
Ramos Michael Hermino and Gamez Rigoberto
Bought by
Citibank N A

Purchase Details

Closed on
Apr 26, 2010
Sold by
Ramos Michael Hermino and Gamez Rigoberto
Bought by
Citibank Na

Purchase Details

Closed on
Apr 22, 2005
Sold by
Gamez Oscar and Gamez Rigoberto
Bought by
Ramos Michael Hermino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 13, 2004
Sold by
Jackson Janet
Bought by
Gamez Oscar and Gamez Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2001
Sold by
Hill David J and Tillman Thomas D
Bought by
Jackson Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,300
Interest Rate
7.53%
Source: Public Records

Range of Values:

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Average Value
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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
Jad 416 Llc $275,000 Priority Title Inc
Mason Linda $10 --
Sand Surf And Sun Properties Llc -- Priority Title Inc
Mason Troy $26,405 None Available
Eh Pooled 1010 Lp $14,824 Attorney
Citibank N A $29,100 None Available
Citibank Na -- None Available
Ramos Michael Hermino $170,000 Palm Beach Title Svcs Corp
Gamez Oscar $145,000 Universal Land Title Inc
Jackson Janet $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Janet $100,800
Previous Owner Jackson Janet --
Previous Owner Sand Surf And Sun Properties Llc $89,400
Previous Owner Ramos Michael H $180,000
Previous Owner Ramos Michael Hermino $136,000
Previous Owner Gamez Oscar $130,500
Previous Owner Jackson Janet $61,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $275,000 -2.5% $212 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
12/14/2020 12/14/20 For Sale $282,000 -- $218 / 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 $6,001 $259,278 -- --
2023 $5,521 $235,707 $103,810 $171,991
2022 $4,917 $214,279 $0 $0
2021 $3,213 $154,078 $36,000 $118,078
2020 $3,064 $151,644 $36,000 $115,644
2019 $2,880 $141,588 $33,600 $107,988
2018 $2,222 $89,003 $23,918 $65,085
2017 $2,014 $80,554 $18,398 $62,156
2016 $1,301 $34,507 $0 $0
2015 $1,190 $31,370 $0 $0
2014 $1,129 $28,518 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10678131

BeachesMLS

APN: 74-43-43-04-05-030-0500