NOT LISTED FOR SALE

9177 E Highland Pines Dr Palm Beach Gardens, FL 33418

Estimated Value: $614,000 - $709,000

5 Beds
4 Baths
2,280 Sq Ft
$296/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $610,000 $268 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,266/month

83 Days on Market

Highlights

  • Room in yard for a pool
  • Patio
  • Central Heating and Cooling System
  • Timber Trace Elementary School Rated A
  • Ceramic Tile Flooring
  • Fenced

About This Home

As of October 2023

Welcome to an incredible investment opportunity in Palm Beach Gardens! This impressive duplex boasts identical units on both sides, each featuring 3 bedrooms, 2 bathrooms, an eat-in kitchen, and a spacious living/dining area. Currently rented and generating income, this property presents a fantastic chance to add to your investment portfolio.The south side underwent a recent renovation in 2022, with additional updates including a new refrigerator in 2023, an A/C replacement in 2015 (with a one-year service contract), and a roof replacement in 2022. The north side also received significant upgrades in 2014, including a new A/C unit in 2015, a refrigerator replacement in 2022, and a roof replacement in 2022.Enjoy the benefits of screened covered patios with storage

Last Agent to Sell the Property

Eric Pruitt

RE/MAX Select Group License #0364652 Listed on: 07/24/2023

Last Buyer's Agent

Andrew Volpe

Serhant License #3467077

Serhant

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,912

Year Built

  • Built in 1980

Lot Details

  • 7,500 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

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

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424213100000490

Community Details

Overview

  • 2 Units
  • Highland Pines 2 Subdivision

Building Details

  • Operating Expense $12,115
  • Net Operating Income $23,285

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,912

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1980
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2280.0
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Fence, Patio, Room For Pool
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00424213100000490
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 7500.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 23285.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 12115.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6912.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2024
Sold by
Coke Nicholas
Bought by
Nmc Trust and Coke
Current Estimated Value
$675,007

Purchase Details

Listed on
Jul 24, 2023
Closed on
Oct 16, 2023
Sold by
Richert Patrice V
Bought by
Coke Nicholas
Seller's Agent
Eric Pruitt
RE/MAX Select Group
Buyer's Agent
Andrew Volpe
Serhant
List Price
$649,999
Sold Price
$610,000
Premium/Discount to List
-$39,999
-6.15%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$413,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2021
Sold by
Richert Patrice V and Richert Frank G
Bought by
Richert Patrice V

Purchase Details

Closed on
Jun 24, 2005
Sold by
Richert Frank G
Bought by
Richert Frank G
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
Nmc Trust -- None Listed On Document
Nmc Trust -- None Listed On Document
Coke Nicholas $610,000 South Florida Title Insurers
Coke Nicholas $610,000 South Florida Title Insurers
Richert Patrice V -- Accommodation
Richert Frank G -- --
Richert Frank G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coke Nicholas $413,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2023 10/16/23 Sold $610,000 -6.2% $268 / Sq Ft
07/24/2023 07/24/23 For Sale $649,999 -- $285 / 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 $8,714 $483,394 -- --
2023 $7,731 $399,423 $0 $0
2022 $6,912 $363,112 $0 $0
2021 $5,627 $297,011 $112,000 $185,011
2020 $5,046 $247,541 $115,000 $132,541
2019 $5,038 $253,651 $115,000 $138,651
2018 $4,396 $222,499 $93,617 $128,882
2017 $4,314 $243,771 $93,617 $150,154
2016 $4,020 $178,050 $0 $0
2015 $3,762 $161,864 $0 $0
2014 $3,393 $147,149 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10906578

BeachesMLS

APN: 00-42-42-13-10-000-0490