NOT LISTED FOR SALE

Estimated Value: $414,000 - $770,000

-- Bed
3 Baths
2,436 Sq Ft
$247/Sq Ft Est. Value

Last Sold March 21, 2016

Last sale price $253,500 $104 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $3,987/month

9 Days on Market

Highlights

  • 11,326 Sq Ft lot
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of March 2016

This home is located at 3873 Hiawatha Ave, West Palm Beach, FL 33409 since 10 February 2016 and is currently estimated at $602,188, approximately $247 per square foot. This property was built in 1980. 3873 Hiawatha 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.

Last Agent to Sell the Property

Imran Gunes

Capital Investments R.E. Corp. License #3276953 Listed on: 02/10/2016

Last Buyer's Agent

Jorge Perez

LAER Realty Partners Bowen/Wellington License #661861

LAER Realty Partners Bowen/Wellington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,343

Year Built

  • Built in 1980

Lot Details

  • 0.26

Home Design

  • Triplex

Interior Spaces

  • 2,436 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Additional Features

  • 0.26 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $32,400
  • Rent includes electricity
  • Assessor Parcel Number 00434330030370500

Community Details

Overview

  • 4 Units
  • West Gate Ests Northern S Subdivision

Building Details

  • Operating Expense $5,243
  • Net Operating Income $27,157

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,343

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: okeechobbe to Wabasso S to Hiawatha W to property
  • Year Built: 1980
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2436.0

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Roof: Other

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Electricity
  • Senior Community: No

Lot Info

  • Parcel #: 00434330030370500
  • Lot Size Sq Ft: 11326.0
  • Zoning Description: MULTI-FA
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 27157.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 5243.0
  • Total Actual Rent: 32400.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4343.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2018
Sold by
Paolucci Maria and Paolucci Maria Aracely
Bought by
3871 75 Hiawatha Avenue Llc
Current Estimated Value
$602,188

Purchase Details

Listed on
Feb 10, 2016
Closed on
Mar 21, 2016
Sold by
Isabar Elif and Makas Elif
Bought by
Paolucci Maria A
Seller's Agent
Imran Gunes
Capital Investments R.E. Corp.
Buyer's Agent
Jorge Perez
LAER Realty Partners Bowen/Wellington
List Price
$260,000
Sold Price
$253,500
Premium/Discount to List
-$6,500
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%

Purchase Details

Listed on
May 8, 2014
Closed on
Jul 25, 2014
Sold by
Fannie Mae
Bought by
Isbasar Elif
Seller's Agent
Jean Marseille
Legacy Realty & Development
Buyer's Agent
Mustafa Altinok
Capital Investments R.E. Corp.
List Price
$139,900
Sold Price
$140,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.00%

Purchase Details

Closed on
Mar 5, 2013
Sold by
Joseph Josh Dieugrand and Joseph Josue
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 27, 2008
Sold by
Joseph Josh Dieugrand
Bought by
Joseph Josh Dieugrand and Joseph Josue

Purchase Details

Closed on
Mar 14, 2005
Sold by
Albert Jeanty
Bought by
Odias David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2003
Sold by
Aranda Michael F and Aranda Tonya L
Bought by
Aranda Ventures Ltd

Purchase Details

Closed on
May 14, 1997
Sold by
Graham Mark and Graham Diane C
Bought by
Aranda Michael F and Aranda Tonya L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
8.2%
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 Buyer Sale Price Title Company
3871 75 Hiawatha Avenue Llc -- Attorney
Paolucci Maria A $253,500 Pinnace Land And Title Inc
Isbasar Elif $140,000 Title & Abstract Agency Of A
Federal National Mortgage Association -- None Available
Joseph Josh Dieugrand -- None Available
Odias David $250,000 Atlantis Title Company Of Pa
Aranda Ventures Ltd -- --
Aranda Michael F $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joseph Josue $147,000
Previous Owner Odias David $200,000
Previous Owner Aranda Michael F $63,000
Closed Odias David $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2016 03/21/16 Sold $253,500 -2.5% $104 / Sq Ft
02/20/2016 02/20/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $260,000 +85.7% $107 / Sq Ft
07/25/2014 07/25/14 Sold $140,000 +0.1% $57 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $139,900 -- $57 / 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 $8,276 $364,133 -- --
2023 $6,609 $331,030 $101,298 $240,272
2022 $6,908 $300,936 $0 $0
2021 $6,055 $317,139 $96,743 $220,396
2020 $5,342 $248,707 $69,000 $179,707
2019 $5,223 $238,529 $66,000 $172,529
2018 $4,606 $213,137 $56,806 $156,331
2017 $4,323 $200,028 $43,697 $156,331
2016 $4,190 $187,543 $0 $0
2015 $4,343 $189,872 $0 $0
2014 $3,703 $153,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10206874

BeachesMLS

APN: 00-43-43-30-03-037-0500