821 N Tamarind Ave West Palm Beach, FL 33401
Downtown West Palm Beach NeighborhoodEstimated Value: $299,000 - $428,000
--
Bed
--
Bath
1,846
Sq Ft
$202/Sq Ft
Est. Value
Highlights
- Cooling System Mounted To A Wall/Window
- Ceramic Tile Flooring
- Fenced
- Patio
- 1 Car Garage
- Wall Furnace
About This Home
As of October 2021CALLING ALL INVESTORS! Terrific investment opportunity, the property is FULLY occupied with immediate cash flow! West Palm Beach duplex in a prime location. Upper unit 4 bedroom, 1 bath rented at $1,200/month. Lower unit 1 bed, 1 bath rented at $900. Both units tiled throughout. 1 car garage plus additional storage room. Fenced patio in the back. Seller is pretty firm on price, do the CAP rate and ROI for yourself. Please no lowballs.
Last Agent to Sell the Property
Your Home Sold Guaranteed Realty of Florida License #3219145 Listed on: 06/16/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,950
Year Built
- Built in 1947
Lot Details
- 3,188 Sq Ft Lot
- Fenced
Parking
- 1 Car Garage
Home Design
- Duplex
- Tar and Gravel Roof
Interior Spaces
- 1,846 Sq Ft Home
- 2-Story Property
- Double Hung Metal Windows
- Ceramic Tile Flooring
Outdoor Features
- Patio
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 74434316010050012
Community Details
Overview
- 2 Units
- Freshwater Add To Wpb Subdivision
Building Details
- Operating Expense $11,200
- Net Operating Income $6,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 1, 2023
Sold by
August Reign Development Corporation
Bought by
Areh Properties Llc
Total Days on Market
469
Current Estimated Value
Purchase Details
Listed on
Jun 16, 2020
Closed on
Oct 29, 2021
Sold by
Amann George Charles
Bought by
August Reign Development Corporation
Seller's Agent
Rick Kendrick
Your Home Sold Guaranteed Realty of Florida
Buyer's Agent
Laura Beck-Levitt
NV Realty Group, LLC
List Price
$240,000
Sold Price
$230,000
Premium/Discount to List
-$10,000
-4.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.30%
Purchase Details
Listed on
Dec 20, 2018
Closed on
Mar 11, 2019
Sold by
Souwed Hassan and Souwed Jason
Bought by
Amann George Charles
Seller's Agent
Jason Souwed
Lux Properties
Buyer's Agent
Jason Souwed
Lux Properties
List Price
$299,500
Sold Price
$216,000
Premium/Discount to List
-$83,500
-27.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%
Purchase Details
Closed on
Jan 13, 2016
Sold by
County Of Palm Beach
Bought by
Souwed Hassan
Similar Home in West Palm Beach, FL
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Areh Properties Llc | $201,665 | -- | |
| August Reign Development Corporation | $230,000 | Attorney | |
| Amann George Charles | $216,000 | Main Street T&E Inc | |
| Souwed Hassan | $35,400 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Souwed Hassan | $71,400 | |
| Previous Owner | Mosley Eugenia Maloney | $213,837 | |
| Previous Owner | Mosley Eugenia Maloney | $152,000 | |
| Previous Owner | Mosley Eugenia Maloney | $117,600 | |
| Previous Owner | Mosley Eugenia Maloney | $108,320 | |
| Previous Owner | Mosley Eugenia M | $108,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2021 10/29/21 | Sold | $230,000 | -4.2% | $125 / Sq Ft |
| 09/29/2021 09/29/21 | Pending | -- | -- | -- |
| 06/16/2020 06/16/20 | For Sale | $240,000 | +11.1% | $130 / Sq Ft |
| 03/11/2019 03/11/19 | Sold | $216,000 | -27.9% | $117 / Sq Ft |
| 02/09/2019 02/09/19 | Pending | -- | -- | -- |
| 12/20/2018 12/20/18 | For Sale | $299,500 | -- | $162 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $5,438 | $245,615 | -- | -- |
| 2023 | $5,083 | $221,832 | $34,209 | $204,122 |
| 2022 | $4,651 | $201,665 | $0 | $0 |
| 2021 | $4,248 | $179,935 | $13,650 | $166,285 |
| 2020 | $3,907 | $160,073 | $12,285 | $147,788 |
| 2019 | $2,952 | $115,279 | $10,465 | $104,814 |
| 2018 | $3,389 | $147,946 | $9,298 | $138,648 |
| 2017 | $3,055 | $127,977 | $8,453 | $119,524 |
| 2016 | $2,042 | $69,673 | $0 | $0 |
| 2015 | $2,014 | $63,339 | $0 | $0 |
| 2014 | $1,905 | $57,581 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Kendrick
R
Seller's Agent in 2021
Rick Kendrick
Your Home Sold Guaranteed Realty of Florida
(561) 508-8453
1 in this area
118 Total Sales
-
Laura Beck-Levitt
L
Buyer's Agent in 2021
Laura Beck-Levitt
NV Realty Group, LLC
(561) 542-2602
1 in this area
63 Total Sales
-
Jason Souwed
Seller's Agent in 2019
Jason Souwed
Lux Properties
(561) 866-6399
8 Total Sales
-
Michelle Meyers
Buyer Co-Listing Agent in 2019
Michelle Meyers
Keller Williams Realty Jupiter
(561) 656-2929
2 Total Sales
Map
Source: BeachesMLS
MLS Number: R10631281
APN: 74-43-43-16-01-005-0012
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