$285,000
SOLD MAY 8, 2017 RENTED FEB 3, 2025
-- Bed
-- Bath
2,690 Sq Ft
6,708 Sq Ft Lot

Recently Sold

$106 Per Sq Ft

5% Below List Price

70 Days on Market

Highlights

  • Newly Remodeled
  • No HOA
  • Heating Available
  • Wood Flooring
  • Cooling Available
  • 1-Story Property

About This Home

As of May 2017

Fourplex fully occupied
Located in the heart of West Palm Beach
Great opportunity for Investors

Last Agent to Sell the Property

Simon Dov

MMLS Assoc.-Inactive Member License #3340367 Listed on: 01/27/2017

Last Buyer's Agent

Barrington Wright

Florida Real Estate & Invest. License #3224225

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,182

Year Built

  • Built in 1955 | Newly Remodeled

Parking

  • 2 Parking Spaces

Home Design

  • Quadruplex
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,690 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Carpet

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Lake Ave Add Condos
  • Lake Ave Add Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 74434316040450160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,182

Year Built

Built in 1955 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: Lake Ave Add
  • Year Built Details: New Construction
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Wood
  • Living Area: 2690
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Flat Tile
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Lake Ave Add
  • Total Parking Spaces: 2

Utilities

  • Sewer: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 74434316040450160
  • Zoning: SF14
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4182

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2017
Closed on
Jun 26, 2017
Sold by
Robinson Kimberly N
Bought by
Knr Inc
Seller's Agent
Simon Dov
MMLS Assoc.-Inactive Member
Buyer's Agent
Barrington Wright
Florida Real Estate & Invest.
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Total Days on Market
70
Current Estimated Value
$425,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,791
Avg. Annual Appreciation
5.10%
Original Mortgage
$260,200
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 27, 2017
Closed on
May 2, 2017
Sold by
Notess Llc
Bought by
Robinson Kimberly N
Seller's Agent
Simon Dov
MMLS Assoc.-Inactive Member
Buyer's Agent
Barrington Wright
Florida Real Estate & Invest.
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,200
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2016
Sold by
Notes Llc
Bought by
Notess Llc

Purchase Details

Closed on
May 11, 2016
Sold by
Notess Llc
Bought by
Adelson Helen

Purchase Details

Closed on
Nov 9, 2015
Sold by
Cheorokee Group Llc
Bought by
Notess Llc

Purchase Details

Closed on
May 22, 2007
Sold by
Williams Edward and Williams Millicent
Bought by
Cherokee Group Llc

Purchase Details

Closed on
Jan 19, 2007
Sold by
Equitylink Inc
Bought by
Williams Edward and Williams Millicent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
12%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 18, 2006
Sold by
J I M I 4 Real Inc
Bought by
Equitylink Inc

Purchase Details

Closed on
Sep 26, 2005
Sold by
Jgv Holdings Llc
Bought by
J L M I 4 Real Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,500
Interest Rate
5.72%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 12, 2004
Sold by
Morris Joseph and Morris Carol
Bought by
Frontier Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.03%
Mortgage Type
Stand Alone First
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Warranty Deed $285,000 Atlantic Title & Escrow Llc
Quit Claim Deed -- None Available
Quit Claim Deed -- Attorney
Deed In Lieu Of Foreclosure $125,000 None Available
Quit Claim Deed -- Attorney
Special Warranty Deed $190,000 Southern Financial Title Ser
Trustee Deed -- None Available
Special Warranty Deed $168,000 Florida Select Title Llc
Warranty Deed $150,000 Standard Title Insurance Age
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $260,200 FHA
Previous Owner $100,000 Unknown
Previous Owner $20,000 Balloon
Previous Owner $210,000 Balloon
Previous Owner $9,500 Construction
Previous Owner $160,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Rented $1,895 -9.8% --
10/28/2024 10/28/24 For Rent $2,100 0.0% --
05/08/2017 05/08/17 Sold $285,000 -9.5% $106 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
03/21/2017 03/21/17 Price Changed $315,000 +5.4% $117 / Sq Ft
02/14/2017 02/14/17 For Sale $299,000 0.0% $111 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $299,000 -- $111 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $8,035 $313,506 -- --
2023 $7,665 $285,005 $61,265 $375,721
2022 $6,978 $259,095 $0 $0
2021 $6,567 $331,641 $30,000 $301,641
2020 $5,869 $269,043 $27,000 $242,043
2019 $5,109 $194,662 $23,000 $171,662
2018 $5,623 $232,520 $21,252 $211,268
2017 $4,625 $204,254 $19,320 $184,934
2016 $4,182 $164,747 $0 $0
2015 $3,593 $120,240 $0 $0
2014 $3,345 $109,309 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10214944

MIAMI REALTORS® MLS

APN: 74-43-43-16-04-045-0160