NOT LISTED FOR SALE

3801 S Olive Ave West Palm Beach, FL 33405

Southland Park Neighborhood

Estimated Value: $759,000 - $1,149,000

-- Bed
11 Baths
2,500 Sq Ft
$360/Sq Ft Est. Value

Last Sold March 09, 2021

Last sale price $530,000 $212 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,021/month

166 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • No HOA
  • Heating Available

About This Home

As of March 2021

Wonderful four-plex in West Palm Beach. Great for investors or owner occupants. Positive cash flow multi unit property. All units are 1 bed and 1 bath with AC unit, range and refrigerator. Property close to parks, shopping, beaches and freeway.

Last Listed By

John Scalia

EXP Realty, LLC. License #3036215 Listed on: 09/15/2020

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,986

Year Built

  • Built in 1951

Lot Details

  • 4,922

Parking

  • 4 Parking Spaces

Home Design

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

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Estates Of South Palm Bea Condos
  • Estates Of South Palm Bea Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 74434334150000971

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,986

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1951
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Directions: Use GPS for accurate directions.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: ESTATES OF SOUTH PALM BEA
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor, Wood
  • Living Area: 2500
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Flat Tile
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ESTATES OF SOUTH PALM BEA
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 74434334150000971
  • Zoning: MF20 (ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6986

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Mar 12, 2021
Sold by
Tah Property Holdings Llc
Bought by
Zoneshine Assaf J
Seller's Agent
John Scalia
EXP Realty, LLC.
List Price
$575,000
Sold Price
$530,000
Premium/Discount to List
-$45,000
-7.83%
Total Days on Market
166
Current Estimated Value
$899,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,320
Avg. Annual Appreciation
12.24%
Original Mortgage
$397,500
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2020
Sold by
Tricon Sfr 2020 2 Borrower Llc
Bought by
Tah Property Holdings Llc

Purchase Details

Closed on
Oct 1, 2016
Bought by
Tah 2016 1 Borrower Llc

Purchase Details

Closed on
Dec 31, 2014
Sold by
Alba Florida Rentals Llc
Bought by
Tah Holding Lp

Purchase Details

Closed on
Aug 28, 2014
Sold by
Fla Residential Management Partners Llc
Bought by
Alba Florida Rentals Llc

Purchase Details

Closed on
Dec 10, 2012
Sold by
Indymac Properties Llc
Bought by
Alba Florida Rentals Llc

Purchase Details

Closed on
Sep 12, 2011
Sold by
Indymac Funding Llc
Bought by
Indymac Properties Llc

Purchase Details

Closed on
Jul 15, 2010
Sold by
Lopez Yanira and Lopez Mario
Bought by
Indymac Funding Llc

Purchase Details

Closed on
Sep 22, 2005
Sold by
Nelson David M
Bought by
Lopez Yanira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Zoneshine Assaf J $530,000 Florida Select Title Llc
Tah Property Holdings Llc -- Os National Llc
Tah 2016 1 Borrower Llc -- --
Tah Holding Lp $274,659 Attorney
Alba Florida Rentals Llc -- Attorney
Alba Florida Rentals Llc -- None Available
Indymac Properties Llc -- None Available
Indymac Funding Llc $95,100 Attorney
Lopez Yanira $356,250 Blue Title Services Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zonenshine Assaf J $700,000
Closed Zoneshine Assaf J $397,500
Previous Owner Lopez Yanira $285,000
Previous Owner Nelson David M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $530,000 -3.6% $212 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/14/2021 01/14/21 Price Changed $550,000 -4.3% $220 / Sq Ft
11/20/2020 11/20/20 Price Changed $575,000 0.0% $230 / Sq Ft
11/20/2020 11/20/20 For Sale $575,000 +8.5% $230 / Sq Ft
11/17/2020 11/17/20 Off Market $530,000 -- --
08/26/2020 08/26/20 For Sale $595,000 -- $238 / 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 $11,658 $529,485 -- --
2023 $11,021 $495,543 $282,038 $213,505
2022 $10,801 $474,441 -- --
2021 $8,068 $334,944 $162,500 $172,444
2020 $6,601 $264,940 $117,000 $147,940
2019 $6,990 $291,284 $149,500 $141,784
2018 $5,978 $248,943 $132,600 $116,343
2017 $6,193 $259,750 $106,080 $153,670
2016 $5,764 $235,270 $0 $0
2015 $5,869 $233,478 $0 $0
2014 $4,854 $187,105 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Scalia

    Seller's Agent in 2021

    John Scalia

    EXP Realty, LLC.

    (954) 822-6612

    1 in this area

    1,805 Total Sales

    John Scalia
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10917550

MIAMI REALTORS® MLS

APN: 74-43-43-34-15-000-0971

Florida Palm Beach County West Palm Beach 33405 Southland Park

3801 S Olive Ave, West Palm Beach, FL

This home is located at 3801 S Olive Ave, West Palm Beach, FL 33405 since 15 September 2020 and is currently estimated at $899,320, approximately $359 per square foot. This property was built in 1951. 3801 S Olive Ave is a home located in Palm Beach County with nearby schools including Palmetto Elementary School, Conniston Middle School, and Forest Hill 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.

MIAMI REALTORS® MLS 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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