NOT LISTED FOR SALE

720 58th St West Palm Beach, FL 33407

Northwood Legacy Neighborhood

Estimated Value: $266,000 - $451,000

2 Beds
1 Bath
1,564 Sq Ft
$225/Sq Ft Est. Value

Last Sold February 13, 2015

Last sale price $95,000 $61 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $2,235/month

4 Days on Market

Highlights

  • 10,197 Sq Ft lot
  • Patio
  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Fenced

About This Home

As of February 2015

A good opportunity to start earning income on the day of closing! 2 tenant occupied units for sale, 3/1 and 1/1 bringing in $1645/month. Separate water and electric meters with well sprinkler. Both units equipped with stacked washer/dryer, tile throughout, Smooth top range/oven, refrigerators and electric hot water heaters. Main house also comes with dishwasher and central ac. New Polyglass Elastoflex Roofing System on 1 bedroom unit in August 2013.

Last Agent to Sell the Property

Natasha Hall

624 Home.Com License #3244216 Listed on: 01/09/2015

Last Buyer's Agent

Andrea Groover

Sutter & Nugent LLC License #703982

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,928

Year Built

  • Built in 1947

Lot Details

  • 10,197 Sq Ft Lot
  • Fenced
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,564 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Total Actual Rent $19,740
  • Rent includes electricity, sewer, cable TV, water
  • Assessor Parcel Number 74434304080670090

Community Details

Overview

  • 2 Units
  • North Palm Bch 4 Subdivision

Building Details

  • Operating Expense $6,000
  • Net Operating Income $13,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,928

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Broadway just south of Bridge to 58th St
  • Year Built: 1947
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1564.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity 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 #: 74434304080670090
  • Lot Size Sq Ft: 10197.0
  • Zoning Description: SF7
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 13000.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 6000.0
  • Total Actual Rent: 19740.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1928.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2015
Closed on
Feb 11, 2015
Sold by
Lake Magdalene Family Llc
Bought by
Bariy Investments Llc
Seller's Agent
Natasha Hall
624 Home.Com
Buyer's Agent
Andrea Groover
Sutter & Nugent LLC
List Price
$110,000
Sold Price
$95,000
Premium/Discount to List
-$15,000
-13.64%
Current Estimated Value
$352,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,341
Avg. Annual Appreciation
13.83%

Purchase Details

Closed on
Jan 15, 2013
Sold by
The Fonte Group Inc
Bought by
Lake Magdalene Family Llc

Purchase Details

Closed on
Jan 24, 2011
Sold by
Pignato Mark and Pignato Tonya
Bought by
The Fonte Group Inc

Purchase Details

Closed on
Apr 23, 2004
Sold by
Petigny Lenny
Bought by
Pignato Mark and Pignato Tonya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2003
Sold by
Petigny Lenny and Ulas Tolga
Bought by
Petigny Lenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,650
Interest Rate
5.98%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 30, 2002
Sold by
Givens Irma Nannette
Bought by
Petigny Lenny and Ulas Tolga
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
Bariy Investments Llc $95,000 Attorney
Lake Magdalene Family Llc $90,000 Attorney
The Fonte Group Inc $34,000 Supreme Title & Escrow Inc
Pignato Mark $120,000 Universal Land Title Inc
Petigny Lenny -- Flagler Title Company
Petigny Lenny $79,500 Flagler Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pignato Mark H $220,000
Previous Owner Pignato Mark $102,000
Previous Owner Petigny Lenny $55,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2015 02/13/15 Sold $95,000 -13.6% $61 / Sq Ft
01/14/2015 01/14/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $110,000 0.0% $70 / Sq Ft
04/26/2012 04/26/12 Rented $650 -7.1% --
03/27/2012 03/27/12 Under Contract -- -- --
12/16/2011 12/16/11 For Rent $700 -- --
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 $3,965 $145,827 -- --
2023 $3,938 $132,570 $112,170 $162,725
2022 $3,616 $120,518 $0 $0
2021 $3,064 $168,180 $56,000 $112,180
2020 $2,989 $174,934 $48,000 $126,934
2019 $2,561 $129,398 $38,000 $91,398
2018 $2,190 $110,253 $43,454 $66,799
2017 $1,839 $74,832 $22,871 $51,961
2016 $2,031 $81,891 $0 $0
2015 $1,972 $77,113 $0 $0
2014 $1,928 $74,242 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2015

    Natasha Hall

    624 Home.Com

  • A

    Buyer's Agent in 2015

    Andrea Groover

    Sutter & Nugent LLC

  • Keith Miller

    Seller's Agent in 2012

    Keith Miller

    Palm Beach Properties

    (561) 882-9200

    2 Total Sales

    Keith Miller
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Map

Source: BeachesMLS

MLS Number: R10101124

BeachesMLS

APN: 74-43-43-04-08-067-0090

Florida Palm Beach County West Palm Beach 33407 Northwood Legacy

720 58th St, West Palm Beach, FL

This home is located at 720 58th St, West Palm Beach, FL 33407 since 09 January 2015 and is currently estimated at $352,341, approximately $225 per square foot. This property was built in 1947. 720 58th 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.

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