NOT LISTED FOR SALE

Estimated Value: $599,000 - $1,665,000

18 Beds
4 Baths
5,880 Sq Ft
$228/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2020

Last sale price $850,000 $145 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $8,464 / mo

17 Days on Market

Highlights

  • 0.99 Acre Lot
  • No HOA
  • Property has 1 Level
  • Garden View
  • Central Heating and Cooling System

About This Home

As of December 2020

**INVESTOR OPPORTUNITY** This property consists of three separate duplex buildings situated on a large lot with just under an acre of land. Total of 6 units. All units have 3 bedrooms, 1 bath, central air and washer/dryer. NEW roofs installed 11/2020. Separate electric and water meters. Currently all units are tenant occupied.

Last Buyer's Agent

Jody Hernandez

Heath and Joseph Real Estate License #3168413

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,453

Year Built

  • Built in 1979

Lot Details

  • 42,960 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Triplex
  • Composition Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4 Bathrooms
  • 5,880 Sq Ft Home
  • Property has 1 Level
  • Garden Views
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Septic Tank

Community Details

  • No Home Owners Association
  • 4 Units
  • Palm Beach Farms Co 7 Subdivision

Listing and Financial Details

  • Tenant pays for sewer, water
  • Assessor Parcel Number 00434430010750060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,453

Year Built

Built in 1979

Lot Details

0.99 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1979
  • Property Sub Type: Triplex
  • Directions: MELALEUCA LN (WEST OF DAVIS RD) TO COCONUT RD. NORTH ON COCONUT RD
  • Horses: No
  • Unit Levels: 1
  • Lot Size Acres: 0.99
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: PALM BEACH FARMS CO 7
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • LastStatus: Active With Contract
  • CurrentPrice: 850000
  • MIAMIRE_EfficiencyYN: No
  • MIAMIRE_EfficiencyYN: No
  • MIAMIRE_Equipment: Air Conditioning Unit, Washer/Dryer Hookups
  • MIAMIRE_Equipment: Air Conditioning Unit, Washer/Dryer Hookups
  • MIAMIRE_Equipment: Air Conditioning Unit, Washer/Dryer Hookups
  • MIAMIRE_Equipment: Air Conditioning Unit, Washer/Dryer Hookups
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 5880
  • Stories: 1
  • MIAMIRE_FurnishedYN: No
  • MIAMIRE_FurnishedYN: No
  • UnitTypeFurnished: Unfurnished
  • MIAMIRE_FurnishedYN: No
  • UnitTypeFurnished: Unfurnished
  • MIAMIRE_FurnishedYN: No
  • MIAMIRE_FurnishedYN: No

Exterior Features

  • Roof: Composition Roll
  • View: Garden
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot, Septic
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Septic, Water Connected, Water Available

Condo/Co-op/Association

  • Amenities: None
  • Association: No
  • Community Features: None

Lot Info

  • Parcel Number: 00434430010750060
  • Lot Size Sq Ft: 42960
  • Zoning: RM

Rental Info

  • Tenant Pays: Sewer, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 13453

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Dec 29, 2020
Sold by
Bought by
Buyer's Agent
Jody Hernandez
Heath and Joseph Real Estate
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Current Estimated Value
$1,257,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,785
Avg. Annual Appreciation
8.43%

Purchase Details

Closed on
Nov 15, 2018
Sold by
Bought by

Purchase Details

Closed on
May 1, 2014
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 2009
Sold by
Bought by

Purchase Details

Closed on
Jul 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,500
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lake Worth Corridor, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$850,000 Omega National Title Agency
$451,100 None Available
$1,265,000 Attorney
$200,000 Association Title Svcs Llc
-- Direct Title Insurance Ltd
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $630,000
Previous Owner $433,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold $850,000 -5.5% $145 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $899,000 -- $153 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $18,767 $1,003,424
2024 $18,767 $912,204
2023 $17,048 $829,276 $285,389 $642,980
2022 $15,963 $753,887 $0 $0
2021 $14,419 $685,352 $211,643 $473,709
2020 $14,172 $669,381 $300,000 $369,381
2019 $13,459 $686,001 $300,000 $386,001
2018 $10,333 $626,373 $289,170 $337,203
2017 $9,030 $486,852 $144,585 $342,267
2016 $8,093 $383,076 $0 $0
2015 $7,737 $351,735 $0 $0
2014 $6,180 $248,071 $0 $0
Source: Public Records

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10670764

MIAMI REALTORS® MLS

APN: 00-43-44-30-01-075-0060

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