1123 10th St Unit 1,2,3 West Palm Beach, FL 33401
Roosevelt Estates NeighborhoodEstimated Value: $310,304 - $533,000
2
Beds
3
Baths
2,028
Sq Ft
$185/Sq Ft
Est. Value
Highlights
- Garden View
- Central Heating and Cooling System
- Fenced
- Ceramic Tile Flooring
- 2 Car Garage
About This Home
As of July 2019This triplex offers a perfect opportunity to build wealth by rental and appreciation income. There are 3 units as a 2/1 and a 2 car garage that could be rented as storage or improved. Two of the units are first floor units and one is over the garage. There is an onsite laundry room for tenants. The property value could be improved easily by investing in the property and then the CAP rate would increase. The tenants are month to month currently. The triplex is located close to great shopping at the Outlets and downtown West Palm Beach. Be sure to see this before the opportunity is gone. Who will be the lucky investor?
Last Agent to Sell the Property
Treu Group Real Estate License #484511 Listed on: 06/07/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,560
Year Built
- Built in 1964
Lot Details
- 7,347 Sq Ft Lot
- Fenced
Parking
- 2 Car Garage
Home Design
- Triplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,028 Sq Ft Home
- 2-Story Property
- Blinds
- Sliding Windows
- Garden Views
Flooring
- Carpet
- Ceramic Tile
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 74434316040460150
Community Details
Overview
- 3 Units
- Lake Ave Add Subdivision
Building Details
- Operating Expense $4,641
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 14, 2022
Sold by
Matthew Steiner
Bought by
1123 Tenth Street Llc
Total Days on Market
11
Current Estimated Value
Purchase Details
Listed on
Jun 7, 2019
Closed on
Jul 17, 2019
Sold by
Smith Linda D
Bought by
Steiner Matthew
Seller's Agent
Lisa Treu
Treu Group Real Estate
Buyer's Agent
Chad Prandi
Mizner Partners LLC
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$180,000
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 7, 2009
Sold by
Lasalle Bank National Association
Bought by
Smith Linda D
Purchase Details
Closed on
Aug 18, 2008
Sold by
Roberts Marcia and Henry Jervis
Bought by
Lasalle Bank Na and Structured Asset Securities Corp Structu
Purchase Details
Closed on
Jul 29, 2004
Sold by
Graham Kedeshia M
Bought by
Roberts Marcia and Henry Jervis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
7.99%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Feb 27, 2003
Sold by
Milton Otis
Bought by
Graham Kedeshia M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.86%
Purchase Details
Closed on
Nov 19, 1998
Sold by
Robb John K and Robb A
Bought by
Milton Otis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
6.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 9, 1996
Sold by
Robb Stacy and Smith Shonte Smith
Bought by
Robb John K and Robb Joyce A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
7.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 24, 1992
Sold by
Robb J Kenneth and Robb Joyce
Bought by
Smith Titesha Shonte
Similar Homes in West Palm Beach, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1123 Tenth Street Llc | $186,596 | None Listed On Document | |
| Steiner Matthew | $240,000 | First American Title Ins Co | |
| Smith Linda D | $67,000 | None Available | |
| Lasalle Bank Na | -- | None Available | |
| Roberts Marcia | $165,000 | -- | |
| Graham Kedeshia M | $120,000 | Alliance Title Of South Fl | |
| Milton Otis | $72,000 | -- | |
| Robb John K | $13,500 | -- | |
| Smith Titesha Shonte | $42,857 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Steener Matthew B | $187,500 | |
| Previous Owner | Steiner Matthew | $180,000 | |
| Previous Owner | Roberts Marcia | $140,250 | |
| Previous Owner | Graham Kedeshia M | $108,000 | |
| Previous Owner | Robb John K | $57,600 | |
| Previous Owner | Robb John K | $49,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2019 07/19/19 | Sold | $240,000 | -4.0% | $118 / Sq Ft |
| 06/19/2019 06/19/19 | Pending | -- | -- | -- |
| 06/07/2019 06/07/19 | For Sale | $250,000 | -- | $123 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $4,565 | $188,578 | -- | -- |
| 2023 | $4,338 | $176,854 | $65,390 | $111,464 |
| 2022 | $3,493 | $125,728 | $0 | $0 |
| 2021 | $3,156 | $114,298 | $30,000 | $84,298 |
| 2020 | $2,954 | $104,258 | $27,000 | $77,258 |
| 2019 | $2,552 | $84,804 | $23,000 | $61,804 |
| 2018 | $2,560 | $101,810 | $21,252 | $80,558 |
| 2017 | $2,309 | $90,354 | $19,320 | $71,034 |
| 2016 | $1,099 | $75,125 | $0 | $0 |
| 2015 | $2,104 | $70,881 | $0 | $0 |
| 2014 | $1,964 | $64,437 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Treu
Seller's Agent in 2019
Lisa Treu
Treu Group Real Estate
(561) 966-3008
203 Total Sales
-
Chad Prandi
Buyer's Agent in 2019
Chad Prandi
Mizner Partners LLC
(561) 333-3782
41 Total Sales
Map
Source: BeachesMLS
MLS Number: R10536869
APN: 74-43-43-16-04-046-0150
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