$102,500
SOLD FEB 27, 2013

3574 Saranac Ave West Palm Beach, FL 33409

West Gate Estates Neighborhood
-- Bed
-- Bath
2,310 Sq Ft
0.26 Acres

Recently Sold

$44 Per Sq Ft

11% Below List Price

15 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Fenced

About This Home

As of May 2019

Fantastic investment opportunity! Great return on your investment! All 3 units currently rented with good tenants. Separate water and power meters. Each unit has a separate fenced yard. Easy access to I95 & TP. Good condition. Great income property

Last Agent to Sell the Property

Alvis Fernandez

ERA Home Run Real Estate License #3247362 Listed on: 01/12/2013

Last Buyer's Agent

Danielle Pitman

Pitman Realty Group Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • Fenced

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,310 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $24,000
  • Rent includes electricity, water
  • Assessor Parcel Number 00434330030580240

Community Details

Overview

  • 4 Units
  • West Gate Estates Norther Subdivision

Building Details

  • Operating Expense $5,000
  • Net Operating Income $19,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Okeechobee Blvd. West of I95. South on Osceola. West on Saranac. South side
  • Year Built: 1976
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2310.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00434330030580240
  • Zoning Description: Rh

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 19000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 5000.0
  • Total Actual Rent: 24000.0

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2729.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2022
Sold by
Premier Management
Bought by
Severe Clarens
Total Days on Market
15
Current Estimated Value
$642,045

Purchase Details

Listed on
Apr 29, 2019
Closed on
May 17, 2019
Sold by
3574 Saranac Avenue Land Trust
Bought by
Angelou Llc
Seller's Agent
Danielle Egeli
Pitman Realty Group Inc.
Buyer's Agent
Newmon Mathai
Sobri Realty Group LLC
List Price
$349,900
Sold Price
$349,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%

Purchase Details

Closed on
May 10, 2013
Sold by
Egeli Ibrahim
Bought by
3574 Saranac Avenue Land Trust

Purchase Details

Listed on
Jan 12, 2013
Closed on
Feb 27, 2013
Sold by
Keizer Duncan E
Bought by
Egeli Ibrahim
Seller's Agent
Alvis Fernandez
ERA Home Run Real Estate
Buyer's Agent
Danielle Pitman
Pitman Realty Group Inc.
List Price
$114,900
Sold Price
$102,500
Premium/Discount to List
-$12,400
-10.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.12%

Purchase Details

Closed on
Apr 13, 2005
Sold by
Keizer Duncan E
Bought by
Keizer Duncan E
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 Type Sale Price Title Company
Quit Claim Deed -- Lawyers Title
Quit Claim Deed -- Lawyers Title
Warranty Deed $349,900 Olympia Title & Escrow Corp
Warranty Deed -- None Available
Warranty Deed $102,500 Olympia Title & Escrow Corp
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,541,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $349,900 0.0% $151 / Sq Ft
04/29/2019 04/29/19 For Sale $349,900 +241.4% $151 / Sq Ft
02/27/2013 02/27/13 Sold $102,500 -10.8% $44 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
01/12/2013 01/12/13 For Sale $114,900 -- $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 $8,274 $361,867 -- --
2023 $6,626 $328,970 $101,194 $231,344
2022 $6,905 $299,064 $0 $0
2021 $6,093 $312,163 $96,566 $215,597
2020 $5,401 $247,160 $69,000 $178,160
2019 $4,775 $212,924 $66,000 $146,924
2018 $4,185 $186,608 $56,806 $129,802
2017 $3,888 $173,499 $43,697 $129,802
2016 $3,721 $158,984 $0 $0
2015 $3,667 $144,531 $0 $0
2014 $3,313 $131,392 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Danielle Egeli

    Pitman Realty Group Inc.

    (760) 707-6100

    6 Total Sales

    Danielle Egeli
    Section Image

  • N

    Buyer's Agent in 2019

    Newmon Mathai

    Sobri Realty Group LLC

    (954) 298-9732

    1 in this area

    48 Total Sales

    Newmon Mathai
    Section Image

  • A

    Seller's Agent in 2013

    Alvis Fernandez

    ERA Home Run Real Estate

  • D

    Buyer's Agent in 2013

    Danielle Pitman

    Pitman Realty Group Inc.

See All Agents

Map

Source: BeachesMLS

MLS Number: R3337087

BeachesMLS

APN: 00-43-43-30-03-058-0240

Florida Palm Beach County West Palm Beach 33409 West Gate Estates

3574 Saranac Ave, West Palm Beach, FL

This home is located at 3574 Saranac Ave, West Palm Beach, FL 33409 and is currently priced at $102,500, approximately $44 per square foot. This property was built in 1976. 3574 Saranac Ave is a home located in Palm Beach County with nearby schools including West Gate Elementary School, Jeaga Middle School, and Palm Beach Lakes 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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