NOT LISTED FOR SALE

960 W 9th St Unit A Riviera Beach, FL 33404

Estimated Value: $262,788 - $355,000

2 Beds
2 Baths
1,248 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $115,000 $92 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $1,826/month

23 Days on Market

Highlights

  • Tile Flooring
  • William T. Dwyer High School Rated A-
  • Central Heating and Cooling System

About This Home

As of October 2015

Great investment income. Part of sellers portfolio she is selling off. See RX 10165560. Complete package is 32 units. Can be bought individually. CAP rate is 15.17% and ROI is 55.45% on just this property.

Last Agent to Sell the Property

Micheal Danchuk

Deep Horizon Realty Inc License #3110513 Listed on: 09/06/2015

Last Buyer's Agent

DONNA PILTCH

KW Reserve License #3287325

KW Reserve

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $903

Year Built

  • Built in 1962

Lot Details

  • 7,537

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property

Flooring

  • Tile
  • Vinyl

Additional Features

  • 7,537 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $21,600
  • Rent includes electricity
  • Assessor Parcel Number 56434232010150210

Community Details

Overview

  • 2 Units
  • Inlet City Subdivision

Building Details

  • Operating Expense $3,253
  • Net Operating Income $17,447

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$903

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From 45th Street go North on Australian to West 9th Street. Turn right, head east. Property on left.
  • Year Built: 1962
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl
  • Living Area: 1248.0

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Electricity
  • Senior Community: No

Lot Info

  • Parcel #: 56434232010150210
  • Lot Size: 75.0 ft x 0.0 ft
  • Lot Size Sq Ft: 7537.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 17447.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 3253.0
  • Total Actual Rent: 21600.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 903.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2015
Closed on
Oct 30, 2015
Sold by
Westcarth Cleveland D
Bought by
Westcarth Cleveland D and Westcarth Rudolph
Seller's Agent
Micheal Danchuk
Deep Horizon Realty Inc
Buyer's Agent
DONNA PILTCH
KW Reserve
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$307,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,197
Avg. Annual Appreciation
10.32%
Original Mortgage
$92,000
Outstanding Balance
$72,705
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$234,492
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
Westcarth Cleveland D $46,000 South Fl Title Insurers Palm
Westcarth Cleveland D $115,000 South Fl Title Insurers Palm
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westcarth Cleveland D $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $115,000 0.0% $92 / Sq Ft
09/30/2015 09/30/15 Pending -- -- --
09/06/2015 09/06/15 For Sale $115,000 -- $92 / 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 $2,565 $93,468 -- --
2023 $2,408 $84,971 $0 $0
2022 $2,197 $77,246 $0 $0
2021 $1,873 $92,202 $16,800 $75,402
2020 $1,731 $83,778 $16,800 $66,978
2019 $1,641 $80,178 $13,200 $66,978
2018 $1,454 $70,673 $11,770 $58,903
2017 $1,321 $58,895 $8,407 $50,488
2016 $1,170 $43,604 $0 $0
2015 $935 $31,394 $0 $0
2014 $903 $28,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10165573

BeachesMLS

APN: 56-43-42-32-01-015-0210