NOT LISTED FOR SALE

9162 E Highland Pines Dr Palm Beach Gardens, FL 33418

Estimated Value: $618,978 - $739,000

-- Bed
4 Baths
2,280 Sq Ft
$294/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $655,000 $287 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,217/month

56 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Timber Trace Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of May 2022

DUPLEX IN PHENOMENAL CONDITION, LOCATED IN A GREAT NEIGHBORHOOD THAT WILL MAKE A VALUABLE LONG TERM INVESTMENT HOLD FOR A LANDLORD LOOKING TO ADD A GOOD SOLID BUILDING TO HIS/HER PORTFOLIO. 3/2s LIKE THIS ANYWHERE IN SOUTH FLOIDA WILL FETCH PEAK RENTAL PRICING. EXTREMLY LIMITED INVENTORY WITH 3 BEDS AND 2 BATHS RENTAL UNITS. AREA COMPS POINT TO A $6000 RENTAL OPPORTUNITY AT $3000 PER SIDE. THIS PROPERTY IS MORE LIKE TWO SINGLE FAMILY HOMES THAN YOUR AVERAGE RUN OF THE MILL DUPLEX. EACH UNIT CONSISTS OF 3 BR, 2 FULL BATHS, LARGE LIVING AND DINING ROOMS, KITCHEN, SEPERATE LAUNDRY AND EACH HAS PRIVATE BACK YARDS WITH SCREENED IN PORCHES! THIS PROPERTY ALSO WILL QUALIFY FOR ANY TYPE OF FINANCING - FHA & VA BUYERS ARE NO PROBLEM! THE HOME HAS A BRAND NEW ROOF AND HAS BEEN FRESHLY PAINTED.

Last Agent to Sell the Property

Sam Fugina

Marlin Realty Inc License #3332259 Listed on: 03/10/2022

Co-Listed By

David Gutierrez

Marlin Realty Inc License #3170483

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,976

Year Built

  • Built in 1979

Lot Details

  • 7,492

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,280 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Highland Pines 2 Condos
  • Highland Pines 2 Subdivision

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 00424213100000120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,976

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1979
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Co List Office Mls Id: MRLT01
  • Co List Office Phone: 954-442-4748
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: HIGHLAND PINES 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2280
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HIGHLAND PINES 2
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 00424213100000120
  • Zoning: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4976

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
May 31, 2022
Sold by
Conroy and Rosemary
Bought by
Telcy Louis J and Telcy Marie Claudie
Seller's Agent
Sam Fugina
Marlin Realty Inc
List Price
$750,000
Sold Price
$655,000
Premium/Discount to List
-$95,000
-12.67%
Current Estimated Value
$669,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,993
Avg. Annual Appreciation
0.67%
Original Mortgage
$483,000
Outstanding Balance
$458,931
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$211,062

Purchase Details

Closed on
Oct 27, 2003
Sold by
Frates Larry E
Bought by
Conroy Michael and Browne Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 1995
Sold by
Tinberg Joyce A and Paluska Joyce A
Bought by
Frates Larry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,200
Interest Rate
7.54%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Telcy Louis J $655,000 Clear Title & Escrow Group
Telcy Louis J $655,000 Clear Title & Escrow Group
Conroy Michael $203,000 Universal Land Title Inc
Frates Larry E $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Telcy Louis J $483,000
Closed Telcy Louis J $483,000
Previous Owner Conroy Michael $166,500
Previous Owner Frates Larry E $86,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $655,000 -12.7% $287 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
04/05/2022 04/05/22 Price Changed $749,900 0.0% $329 / Sq Ft
03/10/2022 03/10/22 For Sale $750,000 -- $329 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $8,445 $466,813 -- --
2023 $8,114 $444,988 $192,500 $252,488
2022 $6,166 $294,711 $0 $0
2021 $5,529 $289,415 $112,000 $177,415
2020 $4,976 $243,563 $115,000 $128,563
2019 $4,960 $247,420 $115,000 $132,420
2018 $4,343 $219,123 $93,617 $125,506
2017 $4,259 $239,837 $93,617 $146,220
2016 $3,953 $175,676 $0 $0
2015 $3,714 $159,705 $0 $0
2014 $3,353 $145,186 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11172406

MIAMI REALTORS® MLS

APN: 00-42-42-13-10-000-0120