NOT LISTED FOR SALE

4103 Happiness St West Palm Beach, FL 33406

Pine Air Neighborhood

Estimated Value: $924,000 - $1,104,000

9 Beds
5 Baths
4,096 Sq Ft
$248/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $975,000 $238 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,208/month

6 Days on Market

Highlights

  • Water Views
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Patio
  • Central Heating and Cooling System
  • Fenced

About This Home

As of February 2024

INVESTORS! Rare opportunity to purchase a CBS Quadraplex in the heart of WPB! The (4) units consist of one 3/2 large unit w/screened-in patio along with three 2/1 units. The onsite coin-operated laundry room provides additional income! The property has a generous parking area for tenants and guests. All units have separate FPL electric meters, newer breaker panels and updated GFI outlets. All units have full kitchens and a covered front porch. Perfect option for someone to live in the 3/2 unit and rent the three 2/1 units for income. The long-term tenants currently rent on a month-to-month basis. Current rents are below market and may be raised up to prevailing market rates under new ownership. Proof of financing / funds required with all As-Is Offers

Last Agent to Sell the Property

Robert Rutstein

Paradise Properties of FL License #642706 Listed on: 01/20/2024

Last Buyer's Agent

Alan Apfel

Lifestyle International Realty License #3397033

Lifestyle International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,631

Year Built

  • Built in 1979

Lot Details

  • 0.29 Acre Lot
  • Fenced

Property Views

  • Water
  • Garden

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,096 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Outdoor Features

  • Patio

Schools

  • Palm Springs Middle School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424412110000140

Community Details

Overview

  • 4 Units
  • Pine Air 2 Subdivision

Building Details

  • Operating Expense $21,200
  • Net Operating Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,631

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Turn North on Kirk Rd from Forest Hill Blvd (OR Turn South on Kirk Rd from Summit Blvd).Continue on Kirk Rd to Happiness Street. Turn West onto Happiness St to property (4103, 4105, 4107, 4109)
  • Year Built: 1979
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 4096.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden, Other, Water
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Palm Springs

Lot Info

  • Parcel #: 00424412110000140
  • Lot Size: 1/4 to 1/2 Acre,West of
  • Lot Size Sq Ft: 12441.0
  • Zoning Description: RM--MULT
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 40000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 21200.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9631.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2024
Closed on
Feb 23, 2024
Sold by
Happiness Street Llc
Bought by
Louie D Knapp Revocable Living Trust and Knapp
Seller's Agent
Robert Rutstein
Paradise Properties of FL
Buyer's Agent
Alan Apfel
Lifestyle International Realty
List Price
$950,000
Sold Price
$975,000
Premium/Discount to List
$25,000
2.63%
Views
22
Current Estimated Value
$1,015,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,227
Avg. Annual Appreciation
2.44%

Purchase Details

Closed on
Feb 18, 2022
Sold by
Juliana Catalfumo
Bought by
Happiness Street Llc

Purchase Details

Closed on
Oct 16, 2008
Sold by
Catalfumo Daniel L
Bought by
Catalfumo Daniel L

Purchase Details

Closed on
May 10, 2004
Sold by
Catalfumo Daniel and Catalfumo Gloria
Bought by
Catalfumo Gloria M and Catalfumo Daniel L
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
Louie D Knapp Revocable Living Trust $975,000 First American Title Insurance
Louie D Knapp Revocable Living Trust $975,000 First American Title Insurance
Happiness Street Llc -- Nason Yeager Gerson Harris & F
Catalfumo Daniel L -- Attorney
Catalfumo Gloria M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $975,000 +2.6% $238 / Sq Ft
01/27/2024 01/27/24 Pending -- -- --
01/20/2024 01/20/24 For Sale $950,000 -- $232 / 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 $10,606 $538,995 -- --
2023 $9,631 $489,995 $152,102 $337,893
2022 $8,035 $364,741 $0 $0
2021 $7,201 $331,583 $99,747 $231,836
2020 $7,711 $421,003 $156,000 $265,003
2019 $7,196 $378,507 $144,000 $234,507
2018 $6,525 $371,710 $121,622 $250,088
2017 $5,786 $309,853 $101,351 $208,502
2016 $5,514 $217,580 $0 $0
2015 $4,884 $197,800 $0 $0
2014 $4,599 $179,818 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Robert Rutstein

    Paradise Properties of FL

    (561) 586-8222

    1 in this area

    17 Total Sales

    Robert Rutstein
    Section Image

  • A

    Buyer's Agent in 2024

    Alan Apfel

    Lifestyle International Realty

    (305) 308-2089

    1 in this area

    3 Total Sales

    Alan Apfel
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10952213

BeachesMLS

APN: 00-42-44-12-11-000-0140

Florida Palm Beach County West Palm Beach 33406 Pine Air

4103 Happiness St, West Palm Beach, FL

This home is located at 4103 Happiness St, West Palm Beach, FL 33406 since 20 January 2024 and is currently estimated at $1,015,227, approximately $247 per square foot. This property was built in 1979. 4103 Happiness St is a home located in Palm Beach County with nearby schools including Berkshire Elementary School, John I. Leonard High School, and Palm Springs Middle 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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