NOT LISTED FOR SALE

510 W Kalmia Dr West Palm Beach, FL 33403

Estimated Value: $588,698 - $1,178,000

8 Beds
4 Baths
3,008 Sq Ft
$324/Sq Ft Est. Value

Last Sold January 19, 2012

Last sale price $155,000 $52 Per Sq Ft

Est. 529% increase in value since last sale

Current estimated payment $6,340/month

952 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • 6 Car Garage

About This Home

As of January 2012

Short sale APPROVED! Price and commission are subject to Bank approval Located in a very quiet neighborhood

Last Agent to Sell the Property

Jean Renelus

Hot Team Realty & Investmt Srv License #3070530 Listed on: 05/11/2009

Last Buyer's Agent

Lionel Francillon

Hot Team Realty & Investmt Srv License #3117906

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 10,062

Parking

  • 6 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,008 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $21,600
  • Rent includes electricity, water
  • Assessor Parcel Number 36434220031240110

Community Details

Overview

  • 4 Units
  • Lake Park Add 01 Subdivision

Building Details

  • Operating Expense $300
  • Net Operating Income $21,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

6

Listing Details

  • Prop. Type: Residential Income
  • Directions: Northlake turn R on 10th St, L on Park Ave 3rd left on 7th St
  • Year Built: 1969
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3008.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 6.0
  • Garage Spaces: 6.0
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Water
  • Senior Community: No

Lot Info

  • Parcel #: 36434220031240110
  • Zoning Description: R2

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 21300.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 300.0
  • Total Actual Rent: 21600.0

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 5148.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2009
Closed on
Jan 19, 2012
Sold by
Derius Moise and Derius Adeline
Bought by
Rosefort Francois A and Rozefort Carmene
Seller's Agent
Jean Renelus
Hot Team Realty & Investmt Srv
Buyer's Agent
Lionel Francillon
Hot Team Realty & Investmt Srv
List Price
$279,000
Sold Price
$155,000
Premium/Discount to List
-$124,000
-44.44%
Current Estimated Value
$974,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$819,899
Avg. Annual Appreciation
14.17%

Purchase Details

Closed on
Feb 18, 2005
Sold by
Affordable Homes Of Palm Beach Inc
Bought by
Derius Moise and Derius Adeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
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
Rosefort Francois A $155,000 Trident Title Llc
Derius Moise $370,000 Flagler Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Derius Moise $309,000
Previous Owner Derius Moise $296,000
Previous Owner Burrow Roger A $129,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2012 01/19/12 Sold $155,000 -44.4% $52 / Sq Ft
12/20/2011 12/20/11 Pending -- -- --
05/11/2009 05/11/09 For Sale $279,000 -- $93 / 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 $12,472 $349,351 -- --
2023 $12,144 $317,592 $0 $0
2022 $9,538 $288,720 $0 $0
2021 $8,179 $327,360 $110,000 $217,360
2020 $7,764 $316,627 $135,000 $181,627
2019 $7,450 $319,655 $135,000 $184,655
2018 $6,459 $256,994 $98,609 $158,385
2017 $6,250 $239,229 $88,044 $151,185
2016 $5,872 $162,975 $0 $0
2015 $5,483 $148,159 $0 $0
2014 $5,068 $134,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3019718

BeachesMLS

APN: 36-43-42-20-03-124-0110