NOT LISTED FOR SALE

1000 Prosperity Farms Rd North Palm Beach, FL 33408

Palm Beach Gardens South Neighborhood

Estimated Value: $797,000 - $1,327,000

7 Beds
4 Baths
3,626 Sq Ft
$299/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $673,500 $186 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $7,033/month

48 Days on Market

Highlights

  • Room in yard for a pool
  • Garden View
  • Patio
  • Deck
  • Corner Lot
  • Shed

About This Home

As of December 2019

Have you been searching for a multi-use INCOME PRODUCING property with over 3,600 square feet in North Palm Beach? 1000 Prosperity Farms Road will check ALL of your boxes and more with its unique layout featuring a spacious three-bedroom home plus TWO attached rental units!--Enter the main home to find a generous split floor plan with a light and bright feel and wood-like flooring. Continue into the home to find a HUGE kitchen with plenty of space for preparing meals and hosting gatherings with wooden cabinetry, Corianders counters, and a new Samsung refrigerator. Enjoy an expansive family room with a decorative wall feature, a large master bedroom suite with a sprawling walk-in closet, and an interior laundry room. A bonus, this home has a newer A/C (2 years old).(more...)

Last Agent to Sell the Property

Holly Meyer Lucas

Compass Florida, LLC (Jupiter) License #3321238 Listed on: 09/25/2019

Compass Florida, LLC (Jupiter)

Co-Listed By

Caroline Harper

Compass Florida, LLC (Jupiter) License #3200248

Last Buyer's Agent

Rose Bowe

Jupiter Coastal Properties Inc License #3280067

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,120

Year Built

  • Built in 1971

Lot Details

  • 0.31 Acre Lot
  • Fenced
  • Corner Lot

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,626 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Garden Views

Flooring

  • Tile
  • Vinyl

Outdoor Features

  • Room in yard for a pool
  • Deck
  • Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 68434208020530270

Community Details

Overview

  • 3 Units
  • North Palm Beach Village Subdivision

Building Details

  • Operating Expense $21,220
  • Net Operating Income $45,020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,120

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: PGA BLVD. east to Prosperity Farms Rd, go south on Prosperity and home is located on the east side, corner of Prosperity Farms Rd and Teal Way.
  • Year Built: 1971
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl
  • Living Area: 3626.0
  • Window Features: Drapes, Metal, Single Hung

Exterior Features

  • Exterior Features: Deck, Fence, Patio, Room For Pool, Shed
  • View: Garden
  • Lot Features: Corner Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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 #: 68434208020530270
  • Lot Size: .3072 Acres
  • Lot Size Sq Ft: 13427.0
  • Zoning Description: R2(cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 45020.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 21220.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 8120.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2024
Sold by
Alldredge Tamela L
Bought by
South Florida Healthcare And Services Llc
Current Estimated Value
$1,084,860

Purchase Details

Listed on
Sep 25, 2019
Closed on
Dec 13, 2019
Sold by
Haymin James and Haymin Alissa
Bought by
Alldredge Tamela L
Seller's Agent
Holly Meyer Lucas
Compass Florida, LLC (Jupiter)
Buyer's Agent
Rose Bowe
Jupiter Coastal Properties Inc
List Price
$749,000
Sold Price
$673,500
Premium/Discount to List
-$75,500
-10.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$505,125
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2016
Sold by
Scialla Robert and Scialla Suzanne
Bought by
Haymain James and Haymain Alissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,000
Interest Rate
4.08%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 1, 2010
Sold by
Westbrook Melanie F
Bought by
Scialla Robert and Scialla Suzanne

Purchase Details

Closed on
May 25, 2005
Sold by
Ingersoll Ruth Ann
Bought by
Westbrook Melanie Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,900
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 9, 2005
Sold by
Cimbrik Frank
Bought by
Ingersoll Ruth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,900
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 3, 2005
Sold by
Cimbrik Weldon C
Bought by
Ingersoll Ruth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,900
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 13, 2004
Sold by
Ingersoll Ruth Ann
Bought by
Ingersoll Ruth Ann and Cimbrik Frank
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
South Florida Healthcare And Services Llc -- None Listed On Document
Alldredge Tamela L $673,500 South Fl Ttl Insurers Of Pal
Haymain James $495,000 Attorney
Scialla Robert $275,000 Automated Land Title Co
Westbrook Melanie Faye $584,900 --
Ingersoll Ruth Ann -- --
Ingersoll Ruth Ann -- --
Ingersoll Ruth Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alldredge Tamela L $505,125
Previous Owner Haymain James $481,000
Previous Owner Westbrook Melanie Faye $467,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $673,500 -10.1% $186 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
09/25/2019 09/25/19 For Sale $749,000 -- $207 / 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 $15,039 $661,228 -- --
2023 $14,082 $601,116 $0 $0
2022 $12,715 $546,469 $0 $0
2021 $11,065 $556,658 $259,600 $297,058
2020 $9,863 $451,627 $220,000 $231,627
2019 $8,544 $425,912 $0 $0
2018 $8,120 $416,061 $0 $0
2017 $7,877 $402,008 $209,320 $192,688
2016 $8,408 $370,828 $0 $0
2015 $7,760 $337,116 $0 $0
2014 $7,321 $313,598 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Holly Meyer Lucas

    Seller's Agent in 2019

    Holly Meyer Lucas

    Compass Florida, LLC (Jupiter)

    (561) 406-5228

    7 in this area

    496 Total Sales

    Holly Meyer Lucas
    Section Image

  • C

    Seller Co-Listing Agent in 2019

    Caroline Harper

    Compass Florida, LLC (Jupiter)

    (561) 531-4117

    2 in this area

    84 Total Sales

    Caroline Harper
    Section Image
  • Rose Bowe

    Buyer's Agent in 2019

    Rose Bowe

    Jupiter Coastal Properties Inc

    1 in this area

    33 Total Sales

    Rose Bowe
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10564276

BeachesMLS

APN: 68-43-42-08-02-053-0270

Florida Palm Beach County North Palm Beach 33408 Palm Beach Gardens South

1000 Prosperity Farms Rd, North Palm Beach, FL

This home is located at 1000 Prosperity Farms Rd, North Palm Beach, FL 33408 since 25 September 2019 and is currently estimated at $1,084,860, approximately $299 per square foot. This property was built in 1971. 1000 Prosperity Farms Rd is a home located in Palm Beach County with nearby schools including Allamanda Elementary School, Howell L. Watkins Middle School, and Palm Beach Gardens 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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