154 Redwood Dr, Jupiter - $249,900

Usage

Single Family

Address:

154 Redwood Dr
Jupiter
FL 33458

Property Size:1,710 sq ft
Year Built:1998
Property Class:B3
Latitude:26.895
Longitude:-80.097

For Sale - 154 Redwood Dr, $249,900

Offered for Sale at $249,900

PRICED TO SELL. Well maintained 3 bedroom, 2/5 bath townhouse with 2 car attached garage. Located on quiet tree lined street with sidewalks across from a large picturesque park. Plantation shutters throughout, phantom retractable door lets the breeze flow through. Granite kitchen countertops, white cabinetry. Light & bright, neutral decor. Walk to the pool, playground and community center. Nearby to Gardens Mall, immaculate beaches, golf, boating, recreational activities, fine dining and more. All s

Sq Ft1842
Bedrooms3
Full Bathrooms2
Half Bathrooms1
Maintenance Charge/Month
Maintenance IncludesCable Tv
Carport Spaces
Garage Spaces2
Pets AllowedR
Pet Restrictions
High School
Middle School
Elementary School
MLS NumberR10033471
Verified07/31/2014 02:01am


Contact Sue for additional details
  • Email:
  • Phone: (321) 453 7389
  • Property ID: 2678281

Please quote reference number: 2678281 when you call or email


Listing provided by Acquired Realty & Investments. Copyright 2014 Multiple Listing Service of South East Florida and Miami Association of Realtors. All rights reserved.

Estimated Value: 154 Redwood Dr

Market Data

In 2013 class A single family properties in Jupiter sold for $161.02 to 999.65 per sq ft with a median price per sq ft of $220.59. Class B properties sold for $106.56 to 161.01 per sq ft with a median of $132.60 and class C properties sold for $10.20 to 106.55 per sq ft with a median of $94.85.

Market Valuation

154 Redwood Dr appears to be a B Class property. Suggested value: $209,729

HighMedianLow
Value254,665 209,729 168,543

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $68,286. Details of how we produced this estimate value appear below:

The income value of a property identifies its value as a rental property, Value = Rent - Expenses / Cap Rate. The following table shows four different rent estimates for 154 Redwood Dr:

  • The Household Income estimate assumes the tenant has a total household income of $73,402 and spends 33% of this on rent. The household income estimate is derived from census data and tax records.
  • The Household Income - Renters estimate performs a similar calculation based on the household income of renters rather than all households.
  • The Market Rents estimate evaluates this property in comparison to rental properties in the area.
  • The Price/Ft estimate uses the size of the property to estimate its rent.

Click on a rent value to download a spreadsheet that estimates the NOI (net operating income), cash on cash return, income value and IRR (internal rate of return) for this property.

Valuation ModelMonthly Rent
Household Income - All Households $2,019
Household Income - Renters $1,284
Market Rents $1,171
Price/Ft $1,600

Expense Estimates:

  • Census data records show 7% of the rental properties in this area are vacant. We've added a 5% bad dept allowance to this.
  • Maintenance costs are estimated based on the size of the property.
  • The property tax estimate uses the average millage rate for the county. It does not include adjustments for city or unincorporated areas. Actual taxes may vary.
  • Insurance estimates are based on the size and location of the property. They are not adjusted for age, flood zone or other risk factors
  • We don't have a way to estimate HOA fees. These should be added manually

The following table shows a income valuation estimate for 154 Redwood Dr. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Amount
Monthly Rent1,171
Annual Rent per Sq Ft8.00
Gross Annual Rent14,052
Vacancies and Bad Debt12%
Vacancies and Bad Debt Amount1,686
Maintenance889
HOA, Utilities and CAM0
Property Taxes3,750
Insurance1,542
Management Fees1,405
NOI4,780
Cap Rate7
Estimated Value68,286
Edit Values and Estimate Cashflow Estimate Cashflow
Save to Google Drive (Google login required)

Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Palm Beach County, Florida

Palm Beach County is in South East Florida. The main cities in Palm Beach County are West Palm Beach (population 99,919), Boca Raton (population 84,392) and Boynton Beach (population 68,217)

[Property Appraiser]
Search County Property Tax and Court Records

Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $82,374. The bottom 10% of the population earn less than $25,367 per year. The top 10% earn more than $282,614 per year. The top 1% earn more than $740,358 per year. Most renters earn between $36,108 (20th percentile) and $66,372 (80th percentile) per year.

Source: US Census American Community Survey - 2007-2011 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,232. Most renters earn between $3,009 and $5,531 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $912 (20th percentile) to $1,670 (80th percentile) range. The residential vacancy rate is 7%.

Links

  1. 154 Redwood Dr, Jupiter, FL on Zillow
  2. Recent Sales near 154 Redwood Dr, Jupiter, FL on Realtor.com
  3. 154 Redwood Dr, Jupiter, FL on Google Maps
  4. Jupiter, FL Property Values on Trulia
  5. Demographic Data for Zipcode 33458 from City-Data.com
  6. Jupiter Demographics from City-Data.com
  7. Phone numbers and opening hours for businesses in the 33458 Zipcode

Owner Details

Companies near this Address

  1. Challenger Ventures Group, LLC (317 Sweet Bay Cir)
  2. Mission Wellness Institute LLC (317 Sweet Bay Cir)
  3. James Curtis Electrician, LLC (142 Redwood Dr)
  4. Palm Tri Designs, Inc. (328 Sweet Bay Cir)
  5. The Dzambik Group, Inc. (331 Sweet Bay Cir)
  6. Credit Source, LLC (311 Sweet Bay Cir)
  7. Tracy M. Ward, P.A. (311 Sweet Bay Cir)
  8. Beethoven Beatles Foundation, Inc. (123 Date Palm Dr)
  9. Abigail M. Lauterborn, Ea, Inc. (122 Date Palm Dr)
  10. Logistic Services, Inc. (122 Date Palm Dr)
  11. A Pink Nose And Puppy Paws, Inc. (118 Redwood Dr)
  12. Rh Web Works LLC (327 Sweet Bay Cir)
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.

MLS Data

Visulate participates in My Flordia Regional, South East Florida MLS and the Brevard County Broker Reciprocity programs, allowing us to display other broker's listings on our site. Listing data supplied by other brokers is deemed reliable but not guaranteed. It is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties to buy, lease or rent.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Programs of My Flordia Regional, South East Florida MLS and Brevard County, Florida. Real estate listings held by brokerage firms other than Visulate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.