627 Bunker Rd West Palm Beach, FL 33405
Dreher Park NeighborhoodEstimated payment $9,271/month
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- Laundry Facilities
- High Impact Windows
- Ceiling Fan
- Heating Available
About This Home
Amazing cash flow investment property, Great desirable rental area, very close to I95 and and a a couple of blocks from intra coastal, turnkey and easily owner managed, meticulously restored 4 unit multifamily , 3 units in one building which consists of two 2/1 and one 4/2 on the second floor with balcony , a cottage in the next building and another one which is laundry room with coin operated machines. All new upgrades including impact windows, newer roof, newer floors and stainless steel appliances, remodeled kitchens and bathrooms, granite counter tops, exterior repairs done , all done approximately 5-6 ears ago. Plenty of parking spaces, plus an additional vacant land, which is part of the property. Please do not walk the property nor disturb the tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,496
Year Built
- Built in 1925
Parking
- 8 Parking Spaces
Home Design
- Quadruplex
- Barrel Roof Shape
- Tar and Gravel Roof
Interior Spaces
- 3,500 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- High Impact Windows
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Listing and Financial Details
- Rent includes gardener
- Assessor Parcel Number 74434404130002280
Community Details
Overview
- No Home Owners Association
- 4 Units
- Southboro Park Condos
- Southboro Park Subdivision
Amenities
- Laundry Facilities
Building Details
- Operating Expense $46,000
- Net Operating Income $68,800
Map
Home Values in the Area
Average Home Value in this Area
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 | $17,868 | $828,874 | -- | -- |
| 2023 | $17,496 | $805,679 | $231,660 | $574,019 |
| 2022 | $15,982 | $716,255 | $0 | $0 |
| 2021 | $11,676 | $497,354 | $178,200 | $319,154 |
| 2020 | $10,784 | $451,809 | $145,800 | $306,009 |
| 2019 | $4,672 | $171,502 | $113,400 | $58,102 |
| 2018 | $3,436 | $161,057 | $109,394 | $51,663 |
| 2017 | $4,864 | $120,014 | $68,371 | $51,643 |
| 2016 | $2,225 | $68,608 | $0 | $0 |
| 2015 | $2,179 | $62,371 | $0 | $0 |
| 2014 | $1,984 | $56,701 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2024 02/04/24 | For Sale | $1,399,900 | +55.5% | $400 / Sq Ft |
| 12/01/2022 12/01/22 | Sold | $900,000 | -5.2% | $264 / Sq Ft |
| 11/10/2022 11/10/22 | Pending | -- | -- | -- |
| 11/01/2022 11/01/22 | Price Changed | $949,000 | -1.0% | $278 / Sq Ft |
| 10/25/2022 10/25/22 | Price Changed | $959,000 | -0.6% | $281 / Sq Ft |
| 10/10/2022 10/10/22 | Price Changed | $965,000 | -1.0% | $283 / Sq Ft |
| 09/10/2022 09/10/22 | Price Changed | $975,000 | -1.4% | $286 / Sq Ft |
| 09/01/2022 09/01/22 | Price Changed | $989,000 | -1.0% | $290 / Sq Ft |
| 08/08/2022 08/08/22 | For Sale | $999,000 | +27.3% | $293 / Sq Ft |
| 06/02/2021 06/02/21 | Sold | $785,000 | -4.0% | $230 / Sq Ft |
| 05/03/2021 05/03/21 | Pending | -- | -- | -- |
| 11/24/2020 11/24/20 | For Sale | $818,000 | +33.0% | $240 / Sq Ft |
| 06/24/2019 06/24/19 | Sold | $615,000 | -3.8% | $180 / Sq Ft |
| 05/25/2019 05/25/19 | Pending | -- | -- | -- |
| 05/01/2019 05/01/19 | For Sale | $639,000 | -- | $187 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $900,000 | Title Pros Insurance Agency | |
| Warranty Deed | $115,000 | None Listed On Document | |
| Warranty Deed | $785,000 | Attorney | |
| Warranty Deed | $615,000 | Trident Title | |
| Warranty Deed | $170,000 | Attorney | |
| Warranty Deed | $42,000 | None Available | |
| Warranty Deed | $245,000 | Sun Title & Abstract Of Well | |
| Warranty Deed | $127,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $340,000 | Balloon | |
| Previous Owner | $581,250 | Purchase Money Mortgage | |
| Previous Owner | $485,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $140,000 | New Conventional | |
| Previous Owner | $85,000 | Balloon | |
| Previous Owner | $183,750 | No Value Available | |
| Previous Owner | $114,300 | New Conventional |
Source: MIAMI REALTORS® MLS
MLS Number: A11515462
APN: 74-43-44-04-13-000-2280
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