NOT LISTED FOR SALE

4175 Dale Rd West Palm Beach, FL 33406

Estimated Value: $561,326 - $837,000

5 Beds
3 Baths
3,240 Sq Ft
$210/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $397,500 $123 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,570/month

44 Days on Market

Highlights

  • Fruit Trees
  • Ceramic Tile Flooring
  • 3 Car Garage
  • Garden View
  • Central Heating and Cooling System
  • Fenced

About This Home

As of January 2021

Great opportunity to own a cash flowing triplex with individual backyards that is virtually maintenance free. Photos are of the middle unit and the far right unit. See the attached spreadsheet for income information. Each unit has it's own electric meter, water meter and garage. Washer/Dryers belong to the tenants.

Last Agent to Sell the Property

Alan Abramson

Compass Florida LLC License #3234178 Listed on: 10/24/2020

Compass Florida LLC

Last Buyer's Agent

Michael Nathanson

RE/MAX Services License #3178792

RE/MAX Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,004

Year Built

  • Built in 1974

Lot Details

  • 0.31 Acre Lot
  • Fenced
  • Fruit Trees

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Double-layered roof that provides insulation
  • Frame Construction

Interior Spaces

  • 3,240 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Garden Views

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 70424413050030420

Community Details

Overview

  • 3 Units
  • Military Hill Subdivision

Building Details

  • Operating Expense $17,561
  • Net Operating Income $23,839

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,004

Year Built

Built in 1974

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Military Trail to Dale Rd
  • Year Built: 1974
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3240.0

Exterior Features

  • Exterior Features: Fence, Fruit Trees
  • View: Garden
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Frame
  • Property Condition: Resale
  • Roof: Roof Over

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 70424413050030420
  • Lot Size: 1/4 to 1/2 Acre,Paved Ro
  • Lot Size Sq Ft: 13504.0
  • Zoning Description: RM(cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 23839.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 17561.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6004.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2020
Closed on
Jan 7, 2021
Sold by
Ruiz Gabriel and Ruiz Sara
Bought by
Cacapava Guliherme and Cacapava Trista Nicole
Seller's Agent
Alan Abramson
Compass Florida LLC
Buyer's Agent
Michael Nathanson
RE/MAX Services
List Price
$420,000
Sold Price
$397,500
Premium/Discount to List
-$22,500
-5.36%
Current Estimated Value
$679,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,332
Avg. Annual Appreciation
12.18%
Original Mortgage
$298,125
Outstanding Balance
$266,031
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$413,801

Purchase Details

Closed on
Sep 1, 2016
Bought by
Ruiz Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2008
Sold by
Ruiz Juan C
Bought by
Ruiz Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,300
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2004
Sold by
Ruiz Juan C
Bought by
Ruiz Gabriel L

Purchase Details

Closed on
Jul 13, 1999
Sold by
Smith Yolanda M
Bought by
Ruiz Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,966
Interest Rate
7.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 22, 1993
Sold by
Ruiz Gabriel and Ruiz Sara
Bought by
Smith Yolanda M
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
Cacapava Guliherme $397,500 Clear2close T&E Llc
Cacapava Guilherme $397,500 Clear2close Title & Escrow
Ruiz Gabriel $90,500 --
Ruiz Gabriel -- None Available
Ruiz Gabriel L -- --
Ruiz Juan $69,000 --
Smith Yolanda M $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cacapava Guilherme $298,125
Closed Cacapava Guilherme $298,125
Closed Cacapava Trista Nicole Mckin $298,125
Previous Owner Ruiz Gabriel Hw $231,000
Previous Owner Ruiz Gabriel $222,300
Previous Owner Ruiz Juan $111,000
Previous Owner Ruiz Juan $66,966
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $397,500 -5.4% $123 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
10/24/2020 10/24/20 For Sale $420,000 -- $130 / 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 $11,380 $537,679 -- --
2023 $10,587 $491,713 $0 $0
2022 $9,821 $447,012 $0 $0
2021 $10,535 $291,942 $123,225 $168,717
2020 $6,483 $327,896 $117,000 $210,896
2019 $6,007 $293,909 $91,800 $202,109
2018 $5,568 $299,642 $95,428 $204,214
2017 $5,336 $287,784 $65,813 $221,971
2016 $5,031 $169,936 $0 $0
2015 $4,586 $154,487 $0 $0
2014 $4,199 $140,443 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10665959

BeachesMLS

APN: 70-42-44-13-05-003-0420