NOT LISTED FOR SALE

Estimated Value: $556,000 - $634,000

6 Beds
3 Baths
1,914 Sq Ft
$309/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $445,000 $232 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,670/month

62 Days on Market

Highlights

  • Water Views
  • Tile Flooring
  • No Heating
  • Cooling System Mounted To A Wall/Window
  • Fenced

About This Home

As of December 2022

Great opportunity for investors. Triplex, (1) 3 br 1 ba and (2) 2br 1 ba. Unit #1, the 3br brings $1,200 a month and Unit #2 brings $1,000 and #3 brings $1250 , Unit #1 lease expires March 2023, Unit #2 expires Dec 2022, unit #3 just leased for a 6 month period. Unit 1 & 2, has great tenants living for more than 3 years. Unit #3 are new tenants. Tenants pay power, owner pays water and lawncare. Always rented with never a vacancy. (5) parking spaces. Roof replaced in 2006. DO NOT DISTURB THE TENANTS, OR ASK THEM ANY QUESTIONS. POF, DU approval required with any offer.

Last Agent to Sell the Property

Tricia Jolicoeur

Realty ONE Group Innovation License #3147974 Listed on: 09/27/2022

Realty ONE Group Innovation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,407

Year Built

  • Built in 1966

Lot Details

  • 5,155 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,914 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Water Views

Flooring

  • Parquet
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484233047640

Community Details

Overview

  • 3 Units
  • Acreage & Rec Subdivision

Building Details

  • Operating Expense $13,885
  • Net Operating Income $19,715

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,407

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: from I95 go west on Atlantic Blvd. to 31st Ave (GO NORTH)Turn right and go one block to 2nd St.
  • Year Built: 1966
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Parquet, Tile
  • Living Area: 1914.0
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Fence
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 484233047640
  • Lot Size Sq Ft: 5155.0
  • Zoning Description: RD-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 19715.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 13885.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4407.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2024
Sold by
Mgf Property Vi Llc
Bought by
Alazzawi And Bacsa Family Trust and Alazzawi
Current Estimated Value
$590,753

Purchase Details

Listed on
Sep 27, 2022
Closed on
Dec 28, 2022
Sold by
Cowan Earle and Cowan Carol
Bought by
Mgf Property Vi Llc
Seller's Agent
Tricia Jolicoeur
Realty ONE Group Innovation
List Price
$485,000
Sold Price
$445,000
Premium/Discount to List
-$40,000
-8.25%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%
Original Mortgage
$333,750
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2014
Sold by
Wells Fargo Bank Na
Bought by
Cowan Carol and Cowan Earle

Purchase Details

Closed on
Dec 3, 2013
Sold by
Williams Ivery L and Williams Mary E
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 21, 1998
Sold by
Wright Willie James
Bought by
Wright Willie J and Harry Gwendolyn

Purchase Details

Closed on
Mar 31, 1997
Sold by
Collier Residential Corp
Bought by
Williams Ivery L and Williams Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 1995
Sold by
Clerk Circuit Court
Bought by
E M C Mtg Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 1995
Sold by
E M C Mtg Corp
Bought by
Collier Residential Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 16, 1995
Sold by
Clerk Circuit Court
Bought by
Home Sav Amer F S B and Home Sav Amer F A
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
Alazzawi And Bacsa Family Trust $605,000 Sunbelt Title Agency
Mgf Property Vi Llc $445,000 --
Cowan Carol $105,000 Servicelink
Wells Fargo Bank Na $78,800 None Available
Wright Willie J -- --
Williams Ivery L $65,000 --
E M C Mtg Corp -- --
Collier Residential Corp $37,000 --
Home Sav Amer F S B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mgf Property Vi Llc $333,750
Previous Owner Williams Ivery L $52,000
Previous Owner Collier Residential Corp $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2022 12/30/22 Sold $445,000 -8.2% $232 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $485,000 -- $253 / 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
2025 $6,861 $541,110 $30,930 $510,180
2024 $6,956 $285,810 $30,930 $254,880
2023 $6,956 $285,810 $30,930 $254,880
2022 $5,188 $191,230 $0 $0
2021 $4,590 $173,850 $0 $0
2020 $4,181 $204,370 $30,930 $173,440
2019 $3,965 $196,240 $30,930 $165,310
2018 $3,412 $152,330 $30,930 $121,400
2017 $2,961 $118,760 $0 $0
2016 $2,645 $107,970 $0 $0
2015 $2,460 $98,160 $0 $0
2014 $2,269 $88,590 $0 $0
2013 -- $82,930 $30,930 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10834801

BeachesMLS

APN: 48-42-33-04-7640