NOT LISTED FOR SALE

Estimated Value: $371,851 - $705,000

8 Beds
4 Baths
2,400 Sq Ft
$217/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $120,000 $50 Per Sq Ft

Est. 334% increase in value since last sale

Current estimated payment $3,396/month

531 Days on Market

Highlights

  • Water Views
  • Cooling System Mounted To A Wall/Window
  • 2-minute walk to Coleman Park
  • Wood Flooring
  • No Heating

About This Home

As of April 2013

Great Opportuntiy for income rental property in one of the cities up and coming areas close to all. Net income is approximatley $21450 exclude mortage and ins, providing a great rate of return. Call for details

Last Agent to Sell the Property

Douglas G

William Raveis Real Estate License #3224095 Listed on: 10/05/2011

William Raveis Real Estate

Last Buyer's Agent

Douglas G

William Raveis Real Estate License #3224095 Listed on: 10/05/2011

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,879

Year Built

  • Built in 1959

Lot Details

  • 5,532

Home Design

  • Triplex
  • Fiberglass Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Sliding Windows
  • Water Views

Flooring

  • Wood
  • Ceramic Tile

Outdoor Features

  • No Fixed Bridges

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Total Actual Rent $23,400
  • Rent includes electricity, water
  • Assessor Parcel Number 74434316070000080

Community Details

Overview

  • 4 Units
  • Lincoln Park Lt 8 Subdivision

Building Details

  • Operating Expense $9,252
  • Net Operating Income $21,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,879

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: I95 Palm Beach Lakes Blvd, East to Tamarind make left north to 21st street
  • Year Built: 1959
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Living Area: 2400.0
  • Window Features: Sliding

Exterior Features

  • View: Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront Features: No Fixed Bridges
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Fiberglass

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Water
  • Senior Community: No

Lot Info

  • Parcel #: 74434316070000080
  • Zoning Description: Sf11

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 21450.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 9252.0
  • Total Actual Rent: 23400.0

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1879.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2018
Sold by
Blue Onyx 1039 21 Street Llc
Bought by
Barcelona21 & 22Wpb Llc
Total Days on Market
531
Current Estimated Value
$521,284

Purchase Details

Closed on
Jun 30, 2015
Sold by
Mih Real Estate Llc
Bought by
Blue Onyx 1039 21St Street Llc

Purchase Details

Listed on
Oct 5, 2011
Closed on
Apr 18, 2013
Sold by
1039 21St Street Llc
Bought by
Mensah Yaw M
Seller's Agent
Douglas G
William Raveis Real Estate
Buyer's Agent
Douglas G
William Raveis Real Estate
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$90,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2010
Sold by
Principe Ralph A
Bought by
1039 21St Street Llc

Purchase Details

Closed on
Feb 23, 2010
Sold by
Degregory Glenda
Bought by
Principe Ralph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,250
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2005
Sold by
Degregory Harold and Degregory Glenda
Bought by
Degregory Glenda
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
Barcelona21 & 22Wpb Llc $175,000 Attorney
Blue Onyx 1039 21St Street Llc $159,000 None Available
Mensah Yaw M $120,000 Town Title Inc
1039 21St Street Llc $62,250 None Available
Principe Ralph A $83,000 Sunbelt Title Agency
Degregory Glenda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savannah512wpb Llc $2,100,000
Previous Owner Mensah Yaw M $90,000
Previous Owner Principe Ralph A $62,250
Previous Owner Degregory Harold $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2013 04/19/13 Sold $120,000 0.0% $50 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
10/05/2011 10/05/11 For Sale $120,000 -- $50 / 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 $5,642 $220,978 -- --
2023 $5,570 $200,889 $48,060 $280,170
2022 $5,009 $182,626 $0 $0
2021 $4,199 $166,024 $24,000 $142,024
2020 $4,293 $168,767 $17,940 $150,827
2019 $4,256 $165,127 $14,300 $150,827
2018 $3,130 $139,100 $12,510 $126,590
2017 $2,716 $106,923 $10,425 $96,498
2016 $2,669 $102,720 $0 $0
2015 $2,823 $103,489 $0 $0
2014 -- $94,081 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3229953

BeachesMLS

APN: 74-43-43-16-07-000-0080