NOT LISTED FOR SALE

720 47th St West Palm Beach, FL 33407

Northwood Legacy Neighborhood

Estimated Value: $536,770 - $693,000

7 Beds
5 Baths
2,352 Sq Ft
$256/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $545,000 $232 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,935/month

13 Days on Market

Highlights

  • Balcony
  • Tile Flooring
  • Fenced
  • Open Patio
  • Central Air
  • 2-minute walk to Fogleman Park

About This Home

As of September 2023

BEAUTIFUL 4PLEX ON A QUIET STREET LINED WITH MATURE TREES. A SHORT BIKE RIDE TO DOWN TOWN WEST PALM BEACH AND THE BEACH. IT IS WITHIN CLOSE PROXIMITY TO SHOPPING, DINING AND AND PROMINENT MEDICAL FACILITIES. THE UNITS ARE SPACIOUS AND THERE IS MUCH ROOM FOR RENT INCREASES AT THE EXPIRATION OF THE LEASES. PLEASE DO NOT DISTURB THE TENANTS.

Last Agent to Sell the Property

Olive Sullivan-Ahern

Highlight Realty Corp/LW License #3056288 Listed on: 03/08/2023

Highlight Realty Corp/LW

Last Buyer's Agent

Olive Sullivan-Ahern

Highlight Realty Corp/LW License #3056288 Listed on: 03/08/2023

Highlight Realty Corp/LW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,142

Year Built

  • Built in 1955

Lot Details

  • 6,575 Sq Ft Lot
  • Fenced

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Roof

Interior Spaces

  • 2,352 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Tile

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 74434304050250590

Community Details

Overview

  • 4 Units
  • North Palm Bch 2 Subdivision

Building Details

  • Operating Expense $12,000
  • Net Operating Income $38,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,142

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: 45TH STREET EAST OF 195 TO BROADWAY,NORTH TO 47TH , WEST TO BROWN 2 STORY BUILDING ON THE LEFT.
  • Year Built: 1955
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Laminate, Tile
  • Living Area: 2352.0

Exterior Features

  • Exterior Features: Balcony, Fence, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Composition, Concrete, Other, Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 74434304050250590
  • Lot Size: 63.0 ft x 105.0 ft
  • Lot Size Sq Ft: 6575.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 38780.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 12000.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7142.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
Sep 21, 2023
Sold by
Loiseau Pauline Derilus and Derilus Pauline Edouard
Bought by
Buchanan Yaneke
Seller's Agent
Olive Sullivan-Ahern
Highlight Realty Corp/LW
Buyer's Agent
Olive Sullivan-Ahern
Highlight Realty Corp/LW
List Price
$530,000
Sold Price
$545,000
Premium/Discount to List
$15,000
2.83%
Views
6
Current Estimated Value
$600,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,943
Avg. Annual Appreciation
5.01%
Original Mortgage
$408,750
Outstanding Balance
$402,362
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$198,870

Purchase Details

Closed on
Nov 17, 2017
Sold by
Derlus Paul R
Bought by
Louiseau Pauline
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Buchanan Yaneke $545,000 None Listed On Document
Loiseau Pauline Derilus -- None Listed On Document
Louiseau Pauline -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buchanan Yaneke $408,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $545,000 +2.8% $232 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $530,000 -- $225 / 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 $8,987 $398,912 -- --
2023 $7,873 $302,693 $90,224 $340,171
2022 $7,142 $275,175 $0 $0
2021 $6,508 $291,399 $42,000 $249,399
2020 $6,093 $272,630 $67,500 $205,130
2019 $5,598 $237,693 $60,000 $177,693
2018 $4,659 $187,948 $28,245 $159,703
2017 $2,683 $174,569 $14,866 $159,703
2016 $1,399 $60,454 $0 $0
2015 $2,323 $54,958 $0 $0
2014 $2,235 $49,962 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2023

    Olive Sullivan-Ahern

    Highlight Realty Corp/LW

    (561) 252-1004

    1 in this area

    26 Total Sales

    Olive Sullivan-Ahern
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10872015

BeachesMLS

APN: 74-43-43-04-05-025-0590

Florida Palm Beach County West Palm Beach 33407 Northwood Legacy

720 47th St, West Palm Beach, FL

This home is located at 720 47th St, West Palm Beach, FL 33407 since 08 March 2023 and is currently estimated at $600,943, approximately $255 per square foot. This property was built in 1955. 720 47th St is a home located in Palm Beach County with nearby schools including West Riviera Elementary School, John F. Kennedy Middle School, and Palm Beach Lakes 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.

Nearby Homes