$356,000
SOLD MAR 17, 2017

3750 92nd Ln N West Palm Beach, FL 33403

-- Bed
-- Bath
3,360 Sq Ft
1,655 Sq Ft Lot

Recently Sold

$106 Per Sq Ft

256% Above List Price

34 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of March 2017

Unique Investment Opportunity-Investor/Buyer has the opp. to purchase & own 1 or 4 individual Villa units within a small HOA complex (Acacia Gardens) all 4-Units consist of 2 separate Duplex's, Each unit consists of 1/2 a Duplex (2-Bed/1-Bath 840'sq.ft.) with separate PCN's. Great Location, Centrally Located in Quiet P.B.Gardens Neighborhood. Long-Term Tenant Occupied. Great Rental with great Cap Rate potential.

Last Agent to Sell the Property

John Conley, P.A.

Realty ONE Group Innovation License #3012568 Listed on: 01/11/2017

Realty ONE Group Innovation

Co-Listed By

Mark Moreno

Realty ONE Group Innovation License #3252669

Last Buyer's Agent

Mark Moreno

Realty ONE Group Innovation License #3252669

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,080

Year Built

  • Built in 1981

HOA Fees

  • $640 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,360 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $42,300
  • Rent includes electricity, cable TV, water
  • Assessor Parcel Number 00434218100000100

Community Details

Overview

  • Association fees include common areas, insurance, legal/accounting, ground maintenance, trash
  • 4 Units
  • Acacia Gardens Subdivision

Building Details

  • Operating Expense $2,200
  • Net Operating Income $40,185

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,080

Year Built

Built in 1981

Lot Details

0

HOA Fees

$640 per month

Listing Details

  • Prop. Type: Residential Income
  • Directions: One Block East of I-95 off Northlake Blvd, Roan Lane, go North 3 Streets to 92nd Ln, turn right, Units at the end of of cul-de-sac on left
  • Year Built: 1981
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3360.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 640.0
  • HOA Rent Includes: Electricity, Cable TV, Water
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Legal/Accounting, Maintenance Grounds, Trash

Lot Info

  • Parcel #: 00434218100000100
  • Zoning Description: RM

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 40185.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 2200.0
  • Total Actual Rent: 42300.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5080.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Feb 1, 2022
Sold by
Will Robin Real Estate Llc
Bought by
Graeve Fruit Farm Llc
Seller's Agent
Nydia Pino
Realty ONE Group Innovation
Buyer's Agent
Fauvette Wilkinson
Lifestyle International Realty
Sold Price
$1,650
Current Estimated Value
$239,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,175

Purchase Details

Closed on
Jul 9, 2020
Sold by
Dewitt Joshua
Bought by
Will Robin Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,300
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 11, 2017
Closed on
Mar 17, 2017
Sold by
Gianni Berluzzelli and Brancato Benny
Bought by
Dewitt Joshua
Seller's Agent
John Conley, P.A.
Realty ONE Group Innovation
Buyer's Agent
Mark Moreno
Realty ONE Group Innovation
List Price
$99,900
Sold Price
$356,000
Premium/Discount to List
$256,100
256.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.67%
Original Mortgage
$66,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1996
Sold by
Michael Connie F and Michael Phillips
Bought by
Gannis David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,700
Interest Rate
7.57%
Mortgage Type
New Conventional
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 -- None Listed On Document
Warranty Deed $117,450 Prosperity Land Title Llc
Warranty Deed $88,000 K Title Co Llc
Warranty Deed $73,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $83,300 Future Advance Clause Open End Mortgage
Previous Owner $66,000 New Conventional
Previous Owner $65,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2022 01/01/22 Rented $1,650 0.0% --
12/02/2021 12/02/21 Under Contract -- -- --
11/11/2021 11/11/21 For Rent $1,650 0.0% --
03/17/2017 03/17/17 Sold $88,000 -75.3% $105 / Sq Ft
03/17/2017 03/17/17 Sold $356,000 +256.4% $106 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
02/15/2017 02/15/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $99,900 +0.9% $30 / Sq Ft
12/15/2016 12/15/16 For Sale $99,000 -- $118 / 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 $2,981 $165,000 -- --
2023 $2,714 $150,000 $0 $150,000
2022 $2,285 $110,000 $0 $0
2021 $1,965 $100,000 $0 $100,000
2020 $1,880 $100,000 $0 $100,000
2019 $1,709 $85,000 $0 $85,000
2018 $1,500 $75,000 $0 $75,000
2017 $1,370 $75,000 $0 $0
2016 $1,270 $57,100 $0 $0
2015 $1,251 $51,909 $0 $0
2014 $1,165 $47,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10297874

BeachesMLS

APN: 00-43-42-18-10-000-0100