NOT LISTED FOR SALE

955 W Palm Beach Rd Unit 1 South Bay, FL 33493

Estimated Value: $180,000 - $368,000

8 Beds
4 Baths
2,592 Sq Ft
$106/Sq Ft Est. Value

Last Sold June 13, 2018

Last sale price $175,000 $68 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,896/month

173 Days on Market

Highlights

  • Water Views
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of June 2018

Great investment. Four, 2BR/1BA apartments. Three units are currently rented with annual leases. Four separate water and electric meters

Last Agent to Sell the Property

Trishanna Gifford

Blue Diamond Realty Group Inc License #3062640 Listed on: 11/21/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,711

Year Built

  • Built in 1964

Lot Details

  • 4,284 Sq Ft Lot

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property
  • Water Views

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 58364414050010010

Community Details

Overview

  • 4 Units
  • Fisher 2Nd Add To South B Subdivision

Building Details

  • Operating Expense $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,711

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Palm Beach Rd just west of US Highway 27 on south side of Rd.
  • Year Built: 1964
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Other
  • Living Area: 2592.0

Exterior Features

  • View: Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 58364414050010010
  • Lot Size Sq Ft: 4284.0
  • Zoning Description: B1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 1.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 1.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2711.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2017
Closed on
Jun 8, 2018
Sold by
Yakut Properties Llc
Bought by
Bazelais Ingrid
Seller's Agent
Trishanna Gifford
Blue Diamond Realty Group Inc
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$275,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,816
Avg. Annual Appreciation
6.88%
Original Mortgage
$171,830
Outstanding Balance
$150,936
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$132,308

Purchase Details

Closed on
Oct 2, 2017
Sold by
Rajoguev Investments Inc
Bought by
Yakut Properties Llc

Purchase Details

Listed on
Dec 2, 2015
Closed on
Jun 24, 2016
Sold by
G A M E Investments Inc
Bought by
Rajoguev Investments Inc
Seller's Agent
Justin Singer
Charles Rutenberg Realty FTL
Buyer's Agent
Leopold Evariste
LEO Realty, Inc.
List Price
$109,900
Sold Price
$100,000
Premium/Discount to List
-$9,900
-9.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%

Purchase Details

Closed on
Apr 9, 2013
Sold by
Devis & Devis Investments Llc and Devis Jean Claude
Bought by
Game Investments Inc

Purchase Details

Closed on
Oct 16, 2007
Sold by
Dcs & Associates Inc
Bought by
Devis & Devis Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.26%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 20, 2006
Sold by
Light Point Capitol Llc
Bought by
Dcs & Associates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.31%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 19, 2006
Sold by
Edwards Devon H and Edwards Teresa D
Bought by
Light Point Capitol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.31%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 27, 2001
Sold by
Willie M Childs M
Bought by
Edwards Devon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,945
Interest Rate
6.91%
Mortgage Type
New Conventional
Source: Public Records

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
Bazelais Ingrid $175,000 Couture Title And Escrow Llc
Yakut Properties Llc $140,000 Attorney
Rajoguev Investments Inc $100,000 Excel Title Inc
Game Investments Inc -- None Available
Devis & Devis Investments Llc $116,900 Attorney
Dcs & Associates Inc $127,000 Wealth Land Title Corp
Light Point Capitol $107,000 Wealth Land Title Corp
Edwards Devon H $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bazelais Ingrid $171,830
Previous Owner G A M E Investments Inc $110,400
Previous Owner Devis & Devis Investments Llc $138,000
Previous Owner Dcs & Associates Inc $125,000
Previous Owner Edwards Devon H $77,150
Previous Owner Edwards Devon H $11,945
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2018 06/13/18 Sold $175,000 0.0% $68 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
11/21/2017 11/21/17 For Sale $175,000 0.0% $68 / Sq Ft
06/01/2017 06/01/17 Rented $510 0.0% --
05/21/2017 05/21/17 For Rent $510 0.0% --
06/24/2016 06/24/16 Sold $100,000 -9.0% $39 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $109,900 -- $42 / 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 $4,851 $185,041 -- --
2023 $4,588 $168,219 $0 $0
2022 $4,057 $152,926 $0 $0
2021 $3,797 $151,800 $20,000 $131,800
2020 $3,427 $126,385 $20,000 $106,385
2019 $3,513 $128,320 $20,000 $108,320
2018 $2,814 $101,595 $19,492 $82,103
2017 $2,711 $96,000 $19,492 $76,508
2016 $2,897 $101,951 $0 $0
2015 $2,960 $101,951 $0 $0
2014 $2,963 $100,757 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10384131

BeachesMLS

APN: 58-36-44-14-05-001-0010