$226,000
SOLD APR 6, 2018
-- Bed
-- Bath
1,520 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$149 Per Sq Ft

4% Below List Price

101 Days on Market

Highlights

  • Water Views
  • Impact Glass
  • Tile Flooring
  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Heart & Soul Park

About This Home

As of April 2018

This 1bed 1bath 4-plex is located in the upcoming NorthWest Neighborhood located just north of West Palm Beach's downtown and waterfront community. 8th St has become the center of the City's renovation efforts. In 2015, the City purchased the historic SunSet lounge and jazz park (609 8th) with outdoor amphitheater. An addition to the recently completed High-tec Civic Center also located on 8th. Built in 1958, CBS Construction, building was completely upgraded in 2013 with all high-impact windows and doors. Units 3 & 4 have been completely modernized: electric, plumbing, tile floors and kitchens and washer/dryer installations. Units 1 & 2 are vacant, can be rented but should be renovated. City funding/grant available upon successful application. Owner is a FL Lic. Real Estate Broker

Last Agent to Sell the Property

Jean Parra

Inactive member License #3074131 Listed on: 11/25/2017

Last Buyer's Agent

Patricia Desousa

LoKation License #3122956

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,222

Year Built

  • Built in 1958

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot

Home Design

  • Built-Up Roof

Interior Spaces

  • 1,520 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring
  • Water Views
  • Impact Glass

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 74434316010070141

Community Details

Overview

  • 4 Units
  • Freshwater Add To Wpb Subdivision

Building Details

  • Operating Expense $8,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,222

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: I-95 to Palm Beach Lakes Blvd east to Tamarind Ave south to 8th Street east.
  • Year Built: 1958
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1520.0
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: None
  • View: Other, Water
  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Built-Up

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434316010070141
  • Lot Size: 50.0 ft x 0.0 ft
  • Lot Size Sq Ft: 3920.0
  • Zoning Description: NWD-R(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2222.0

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 8500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2017
Closed on
Apr 6, 2018
Sold by
901 8Street Llc
Bought by
Serenus 5 Llc
Seller's Agent
Jean Parra
Inactive member
Buyer's Agent
Patricia Desousa
LoKation
List Price
$235,000
Sold Price
$226,000
Premium/Discount to List
-$9,000
-3.83%
Current Estimated Value
$615,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,000
Avg. Annual Appreciation
14.76%
Original Mortgage
$277,500
Outstanding Balance
$240,972
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$379,028

Purchase Details

Closed on
Aug 16, 2017
Sold by
Gettysburg 1863 Llc
Bought by
9801 8Street Llc

Purchase Details

Closed on
Aug 5, 2014
Sold by
815 7Th Street Llc
Bought by
Gettysburg 1863 Llc

Purchase Details

Closed on
Jun 11, 2013
Sold by
Mcardle Gregory and Mcardle Suzanne
Bought by
815 7Th 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
$20,000
Interest Rate
3.53%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 17, 2004
Sold by
Attenberg Richard and Attenberg Steffanie
Bought by
Mcardle Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,800
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2004
Sold by
C T C Properties Lc
Bought by
Attenberg Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,920
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2000
Sold by
Reel Properties Group Corp
Bought by
Ctc Properties Llc

Purchase Details

Closed on
Feb 26, 1998
Sold by
Pinnacle Realty & Inv Ic
Bought by
Reel Properties Group Corp

Purchase Details

Closed on
Mar 12, 1997
Sold by
S J J M Inc
Bought by
Pinnacle Realty & Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.88%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 14, 1997
Sold by
Peters Thomas
Bought by
S J J M Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.88%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 21, 1995
Sold by
Phipps Hubert G
Bought by
Peters Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 1994
Sold by
Harris & Wood Prop Inc
Bought by
Phipps Hubert G
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 Type Sale Price Title Company
Warranty Deed $226,500 Attorney
Quit Claim Deed $20,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $54,000 Sunbelt Title Agency
Warranty Deed $138,500 --
Warranty Deed $99,900 --
Warranty Deed $37,000 --
Warranty Deed $100 --
Warranty Deed $44,000 --
Warranty Deed $25,000 --
Warranty Deed $43,800 --
Warranty Deed $32,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $277,500 Commercial
Previous Owner $20,000 Balloon
Previous Owner $25,533 Unknown
Previous Owner $110,800 Purchase Money Mortgage
Previous Owner $79,920 Purchase Money Mortgage
Previous Owner $139,000 Unknown
Previous Owner $40,000 Balloon
Previous Owner $25,000 New Conventional
Previous Owner $150,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Rented $1,250 0.0% --
01/10/2024 01/10/24 Under Contract -- -- --
11/29/2023 11/29/23 For Rent $1,250 0.0% --
04/06/2018 04/06/18 Sold $226,000 -3.8% $149 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
11/25/2017 11/25/17 For Sale $235,000 -- $155 / 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 $5,560 $194,390 -- --
2023 $4,960 $176,718 $51,286 $203,947
2022 $4,576 $160,653 $0 $0
2021 $4,166 $175,989 $25,000 $150,989
2020 $3,697 $132,771 $22,000 $110,771
2019 $4,142 $151,079 $28,000 $123,079
2018 $2,694 $97,140 $20,938 $76,202
2017 $2,222 $89,681 $18,207 $71,474
2016 $1,997 $67,280 $0 $0
2015 $2,009 $66,010 $0 $0
2014 $1,598 $47,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10384569

BeachesMLS

APN: 74-43-43-16-01-007-0141