NOT LISTED FOR SALE

922 5th St Unit 1 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $305,000 - $547,000

-- Bed
4 Baths
2,536 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $152,000 $60 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $2,881/month

225 Days on Market

Highlights

  • Patio
  • Carpet
  • 5-minute walk to Alice Mickens Park
  • Central Heating and Cooling System

About This Home

As of May 2016

This home is located at 922 5th St Unit 1, West Palm Beach, FL 33401 since 14 September 2015 and is currently estimated at $426,000, approximately $167 per square foot. This property was built in 1955. 922 5th 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.

Last Agent to Sell the Property

Sivan Gerges

Goldstone Realty LLC License #.3152327 Listed on: 09/14/2015

Last Buyer's Agent

Michael Seymour

Seymour Realty License #566646

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,073

Year Built

  • Built in 1955

Lot Details

  • 7,000

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 2,536 Sq Ft Home
  • 2-Story Property
  • Carpet

Additional Features

  • Patio
  • 7,000 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $33,600
  • Rent includes electricity, cable TV, water
  • Assessor Parcel Number 74434321060200060

Community Details

Overview

  • 4 Units
  • Clows Subdivision

Building Details

  • Operating Expense $1
  • Net Operating Income $26,912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,073

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: 5th street west palm beach
  • Year Built: 1955
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet
  • Living Area: 2536.0

Exterior Features

  • Exterior Features: Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Roof: Tar/Gravel

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 74434321060200060
  • Lot Size Sq Ft: 7000.0
  • Zoning Description: NWD-2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 26912.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 1.0
  • Total Actual Rent: 33600.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3073.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2021
Sold by
Fortunat Gisele and Fortunat Frantz
Bought by
Fortunat Realty Llc
Total Days on Market
225
Current Estimated Value
$426,000

Purchase Details

Closed on
Apr 8, 2021
Sold by
Fortunat Realty Llc
Bought by
Fortunat Frantz and Fortunat Gisele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 14, 2015
Closed on
May 1, 2016
Bought by
Fortunat Realty Llc
Seller's Agent
Sivan Gerges
Goldstone Realty LLC
Buyer's Agent
Michael Seymour
Seymour Realty
List Price
$169,900
Sold Price
$152,000
Premium/Discount to List
-$17,900
-10.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%

Purchase Details

Closed on
May 17, 2012
Sold by
Hsbc Mortgage Services Inc
Bought by
Ydk Holdings Llc

Purchase Details

Closed on
Sep 2, 2010
Sold by
Desarmes Hamilton and Desarmes Judith V
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Apr 24, 2006
Sold by
Pierre Clermesa and Pierre Pierusma
Bought by
Desarmes Hamilton and Desarmes Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
8.09%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 22, 2005
Sold by
Mcbruce Properties Ltd
Bought by
Pierre Pierusma and Pierre Clermenza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
8.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 25, 1998
Sold by
Ellman Sandra V
Bought by
Mc Bruce Properties Ltd
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
Fortunat Realty Llc -- None Available
Fortunat Frantz -- Phoenix Land T&E Inc
Fortunat Realty Llc $152,000 --
Ydk Holdings Llc $68,000 Attorney
Hsbc Mortgage Services Inc $20,200 None Available
Desarmes Hamilton $320,000 Symphony Title Insurance Co
Pierre Pierusma $284,000 Symphony Title Insurance Co
Mc Bruce Properties Ltd $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortunat Realty Llc $100,000
Previous Owner Fortunat Frantz $278,000
Previous Owner Fortunat Frantz Adolph $50,000
Previous Owner Fortunat Realty Llc $190,000
Previous Owner Desarmes Hamilton $288,000
Previous Owner Pierre Pierusma $213,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $152,000 -10.5% $60 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
09/14/2015 09/14/15 For Sale $169,900 -- $67 / 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 $7,438 $301,552 -- --
2023 $6,549 $274,138 $63,100 $224,798
2022 $6,053 $249,216 $0 $0
2021 $4,882 $218,861 $30,000 $188,861
2020 $4,518 $194,855 $27,000 $167,855
2019 $3,988 $144,134 $23,000 $121,134
2018 $4,277 $175,870 $21,252 $154,618
2017 $3,841 $152,611 $19,320 $133,291
2016 $3,297 $125,271 $0 $0
2015 $3,468 $119,855 $0 $0
2014 $3,073 $108,959 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sivan Gerges

    Goldstone Realty LLC

    (561) 251-2326

    49 Total Sales

    Sivan Gerges
    Section Image

  • M

    Buyer's Agent in 2016

    Michael Seymour

    Seymour Realty

    (561) 729-1120

    10 Total Sales

    Michael Seymour
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10167425

BeachesMLS

APN: 74-43-43-21-06-020-0060

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

922 5th St Unit 1, West Palm Beach, FL

This home is located at 922 5th St Unit 1, West Palm Beach, FL 33401 since 14 September 2015 and is currently estimated at $426,000, approximately $167 per square foot. This property was built in 1955. 922 5th 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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