NOT LISTED FOR SALE

Estimated Value: $339,603 - $464,000

2 Beds
2 Baths
1,152 Sq Ft
$340/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $205,000 $178 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,590/month

79 Days on Market

About This Home

As of March 2019

Fully renovated!!! Everything is brand new. New roof, kitchen, bathrooms, textured ceilings and walls with laminate wood flooring. Central air conditioning and tankless hot water heater allow for added energy efficiency. New hurricane rated windows and doors; raised panel interior doors; decorative light fixtures and high hats in kitchen. FPL to install security lights in front and rear. This is a duplex with 2 bedrooms and 1 bath on each side. Owner can essentially live rent free by renting out one side and living in the other. Property is available for low to moderate income persons and may be eligible for a grant if purchased by a Veteran. Each unit is separately metered for water and electric. The property will be fenced for privacy and controlled access. This is a great opportunity.

Last Agent to Sell the Property

Chuck Frederick

The Real Estate Hub License #3379769 Listed on: 12/09/2018

Co-Listed By

Onias Derilus

Pure Equity Realty LLC License #3276618

Last Buyer's Agent

MARC newman

Buy Rent Free S Florida License #3252811

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,297

Year Built

  • Built in 2016

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434316100010100

Community Details

Overview

  • 2 Units
  • Washington Heights Subdivision

Building Details

  • Operating Expense $2,952
  • Net Operating Income $21,228

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,297

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Palm Beach Lakes Blvd. east of I95 to Australian Ave North. Go right(east) @ 15th Street to Division Av Take left (north) to 22nd Street Make a right and property is 4th on left (north) side.
  • Year Built: 2016
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Laminate
  • Living Area: 1152.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Deed Restriction, Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434316100010100
  • Lot Size: 50.0 ft x 0.0 ft
  • Lot Size Sq Ft: 5663.0
  • Zoning Description: SF11(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 21228.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 2952.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1297.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2018
Closed on
Mar 29, 2019
Sold by
Andrews Frederick Charles
Bought by
Gaspard Nancy
Seller's Agent
Chuck Frederick
The Real Estate Hub
Buyer's Agent
MARC newman
Buy Rent Free S Florida
List Price
$225,000
Sold Price
$205,000
Premium/Discount to List
-$20,000
-8.89%
Total Days on Market
79
Current Estimated Value
$391,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,868
Avg. Annual Appreciation
10.04%
Original Mortgage
$153,750
Outstanding Balance
$136,541
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$234,067

Purchase Details

Closed on
Jul 25, 2017
Sold by
727 22Nd St Llc
Bought by
Fredrick Charles Andrews

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,464
Interest Rate
3.91%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2016
Sold by
Urban League Of Palm Beach County Inc
Bought by
727 22Nd Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2013
Sold by
Us Bank National Association
Bought by
Urban League Of Palm Beach County Inc

Purchase Details

Closed on
Aug 24, 2005
Sold by
Philippe Joseph Paul Jean and Philippe Gina Jean
Bought by
Philippe Joseph Paul Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 26, 2004
Sold by
Rj Financial & Asset Management Llc
Bought by
Bertano Karine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.63%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 18, 2003
Sold by
Drayton Lillie B
Bought by
R J Financial & Asset Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
5.97%
Mortgage Type
Balloon
Source: Public Records

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Range of Values:

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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
Gaspard Nancy $205,000 Title Solutions Team Llc
Fredrick Charles Andrews $140,000 Attorney
727 22Nd Street Llc $10,000 None Available
Urban League Of Palm Beach County Inc -- Servicelink
Philippe Joseph Paul Jean -- --
Bertano Karine $90,000 Flagler Title Company
R J Financial & Asset Management Llc -- Flagler Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaspard Nancy $153,750
Previous Owner Fredrick Charles Andrews $137,464
Previous Owner 727 22Nd Street Llc $75,000
Previous Owner Philippe Joseph Paul Jean $210,000
Previous Owner Bertano Karine $80,000
Previous Owner R J Financial & Asset Management Llc $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $205,000 -8.9% $178 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
12/09/2018 12/09/18 For Sale $225,000 -- $195 / 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 $4,682 $193,791 -- --
2023 $4,104 $176,174 $48,489 $170,189
2022 $4,084 $160,158 $0 $0
2021 $3,366 $145,598 $24,000 $121,598
2020 $3,563 $153,067 $17,940 $135,127
2019 $3,005 $132,457 $14,300 $118,157
2018 $2,532 $112,414 $12,510 $99,904
2017 $1,297 $58,639 $10,425 $48,214
2016 $10 $57,118 $0 $0
2015 $10 $57,185 $0 $0
2014 $1,285 $51,986 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10487049

BeachesMLS

APN: 74-43-43-16-10-001-0100