NOT LISTED FOR SALE

512 W Jasmine Dr Unit 1 West Palm Beach, FL 33403

Estimated Value: $731,000 - $888,000

-- Bed
5 Baths
2,764 Sq Ft
$283/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $335,000 $121 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $5,399/month

61 Days on Market

Highlights

  • Room in yard for a pool
  • Shed
  • Outdoor Grill
  • Patio
  • Ceramic Tile Flooring
  • Central Heating

About This Home

As of May 2017

One story Triplex in an area of income properties in Lake Park. units have separate elect meters. Each unit is approximately 900 sq ft. Unit 1 has 2 full bathrooms. Unit 2 and 3 have 1.5 bathrooms and there is a separate coin operated washing machine. Central AC. Hurricane shutters on site. Ample parking. Rental rates of $850 per month are under market. Market rentals are $1000 per month per unit.

Last Agent to Sell the Property

Nancy Oss

KNR Realty License #3040376 Listed on: 01/29/2017

Last Buyer's Agent

Nancy Oss

KNR Realty License #3040376 Listed on: 01/29/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,884

Year Built

  • Built in 1971

Lot Details

  • 9,620 Sq Ft Lot

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,764 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Ceramic Tile

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Shed
  • Outdoor Grill

Utilities

  • No Cooling
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $30,600
  • Rent includes electricity, sewer, cable TV, water
  • Assessor Parcel Number 36434221031380390

Community Details

Overview

  • 3 Units
  • Lake Park Add 3 Subdivision

Building Details

  • Operating Expense $5,380
  • Net Operating Income $24,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,884

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Northlake Blvd to West Jasmine Drive. Close to US Highway One
  • Year Built: 1971
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Living Area: 2764.0

Exterior Features

  • Exterior Features: Outdoor Grill, Patio, Room For Pool, Shed
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Sewer, Cable TV, Water
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 36434221031380390
  • Lot Size Sq Ft: 9620.0
  • Zoning Description: R2(cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 24200.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 5380.0
  • Total Actual Rent: 30600.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3884.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2020
Sold by
Morales Mario D and Morales Mirian Z
Bought by
West Jasmine Dr At Mm & Mz Llc
Current Estimated Value
$788,157

Purchase Details

Listed on
Jan 29, 2017
Closed on
Apr 13, 2017
Sold by
Bertocchi Daniel Eugene
Bought by
Morales Mario D and Morales Mirian Z
Seller's Agent
Nancy Oss
KNR Realty
Buyer's Agent
Nancy Oss
KNR Realty
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Interest Rate
4.08%

Purchase Details

Closed on
Sep 19, 2008
Sold by
Bertocchi Daniel
Bought by
Bertocchi Daniel Eugene and Daniel Eugene Bertocchi Declaration Of T

Purchase Details

Closed on
Dec 17, 2003
Sold by
Bertocchi Doris C
Bought by
Bertocchi Daniel

Purchase Details

Closed on
May 10, 2000
Sold by
Irwin Strober
Bought by
Testa Doris C and Bertochi Alfred M

Purchase Details

Closed on
Jun 28, 1999
Sold by
Haberman Philip S and Haberman Cindy
Bought by
Strober Irwin
Source: Public Records

Range of Values:

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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
West Jasmine Dr At Mm & Mz Llc -- Attorney
Morales Mario D $335,000 First American Title Ins Co
Bertocchi Daniel Eugene -- Attorney
Bertocchi Daniel -- --
Testa Doris C $183,000 --
Strober Irwin $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strober Irwin --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2017 05/01/17 Sold $335,000 -4.3% $121 / Sq Ft
04/01/2017 04/01/17 Pending -- -- --
01/29/2017 01/29/17 For Sale $349,900 -- $127 / 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 $12,552 $466,213 -- --
2023 $12,016 $423,830 $0 $0
2022 $10,913 $385,300 $0 $0
2021 $9,196 $350,273 $99,000 $251,273
2020 $8,152 $321,002 $121,500 $199,502
2019 $7,782 $324,082 $121,500 $202,582
2018 $6,619 $242,107 $86,307 $155,800
2017 $4,111 $168,553 $0 $0
2016 $3,884 $129,984 $0 $0
2015 $3,700 $122,301 $0 $0
2014 $3,504 $115,239 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10303148

BeachesMLS

APN: 36-43-42-21-03-138-0390