NOT LISTED FOR SALE

912 2nd St Unit 1 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $355,000 - $599,000

-- Bed
2 Baths
1,600 Sq Ft
$304/Sq Ft Est. Value

Last Sold November 24, 2014

Last sale price $89,000 $56 Per Sq Ft

Est. 447% increase in value since last sale

Current estimated payment $2,939/month

105 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • 4-minute walk to Alice Mickens Park

About This Home

As of November 2014

PERFECT OPPORTUNITY TO OWN VALUABLE LAND AND INCOME PRODUCING 10 APARTMENTS ALL 2/1. EIGHT PLEX HAS BEEN RENOVATED AND A NEWER ROOF. 906 & 912 SOLD TOGETHER FOR $540,000.

Last Agent to Sell the Property

Polly Parker

LPT Realty, LLC License #3012304 Listed on: 07/11/2014

LPT Realty, LLC

Co-Listed By

David Parker

LPT Realty, LLC License #3104558

Last Buyer's Agent

Albert Smith

Landstar Real Estate Inc License #3236973

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,698

Year Built

  • Built in 1966

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

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

Listing and Financial Details

  • Total Actual Rent $15,600
  • Rent includes electricity, water
  • Assessor Parcel Number 74434321010390032

Community Details

Overview

  • 2 Units
  • West Palm Beach Town Of P Subdivision

Building Details

  • Operating Expense $4,600
  • Net Operating Income $11,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,698

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I95 NORTH TO OKEECHOBEE E TO TAMARIND TO 2ND STREET
  • Year Built: 1966
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1600.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Frame
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Water
  • Senior Community: No

Lot Info

  • Parcel #: 74434321010390032
  • Lot Size Sq Ft: 6970.0
  • Zoning Description: QUADRILL
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 11000.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 4600.0
  • Total Actual Rent: 15600.0

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1698.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2014
Closed on
Dec 2, 2014
Sold by
Monis Shimonovite Shraga and Monis Shoshana
Bought by
2Nd St Llc
Seller's Agent
Polly Parker
LPT Realty, LLC
Buyer's Agent
Albert Smith
Landstar Real Estate Inc
List Price
$108,000
Sold Price
$89,000
Premium/Discount to List
-$19,000
-17.59%
Total Days on Market
105
Current Estimated Value
$486,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,562
Avg. Annual Appreciation
17.52%

Purchase Details

Closed on
Dec 29, 2005
Sold by
Andre Michael and Ryan Matthew
Bought by
Shimonovitc Shraga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 4, 2005
Sold by
Rose Aaron and Rose Sarah
Bought by
Andre Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 30, 2004
Sold by
Rolle Leroy and Rolle Mary
Bought by
Rose Aaron and Rose Sarah
Source: Public Records

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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
2Nd St Llc $110,000 All Property Title & Escrow
Shimonovitc Shraga $205,000 Landcastle Title Llc
Andre Michael $178,000 --
Rose Aaron $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shimonovitc Shraga $147,000
Previous Owner Andre Michael $142,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2014 11/24/14 Sold $89,000 -17.6% $56 / Sq Ft
10/25/2014 10/25/14 Pending -- -- --
07/11/2014 07/11/14 For Sale $108,000 -- $68 / 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 $4,287 $164,639 -- --
2023 $4,023 $149,672 $63,430 $168,852
2022 $3,660 $136,065 $0 $0
2021 $3,383 $167,498 $30,000 $137,498
2020 $3,043 $138,512 $27,000 $111,512
2019 $2,663 $102,227 $23,000 $79,227
2018 $2,544 $114,303 $21,252 $93,051
2017 $2,300 $100,880 $19,320 $81,560
2016 $2,086 $82,127 $0 $0
2015 $2,137 $82,127 $0 $0
2014 $1,869 $68,229 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Polly Parker

    LPT Realty, LLC

    37 Total Sales

    Polly Parker
    Section Image

  • D

    Seller Co-Listing Agent in 2014

    David Parker

    LPT Realty, LLC

    (954) 899-8020

    23 Total Sales

    David Parker
    Section Image

  • A

    Buyer's Agent in 2014

    Albert Smith

    Landstar Real Estate Inc

See All Agents

Map

Source: BeachesMLS

MLS Number: R10055890

BeachesMLS

APN: 74-43-43-21-01-039-0032

Florida Palm Beach County West Palm Beach 33401 Downtown West Palm Beach

912 2nd St Unit 1, West Palm Beach, FL

This home is located at 912 2nd St Unit 1, West Palm Beach, FL 33401 since 11 July 2014 and is currently estimated at $486,562, approximately $304 per square foot. This property was built in 1966. 912 2nd St Unit 1 is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Conniston Middle School, and Forest Hill 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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