NOT LISTED FOR SALE

516 W Kalmia Dr West Palm Beach, FL 33403

Estimated Value: $734,487 - $1,210,000

8 Beds
4 Baths
3,008 Sq Ft
$334/Sq Ft Est. Value

Last Sold June 13, 2013

Last sale price $250,000 $83 Per Sq Ft

Est. 302% increase in value since last sale

Current estimated payment $6,712/month

5 Days on Market

Highlights

  • Water Views
  • Central Air
  • Vinyl Flooring
  • Interior Lot
  • Fenced
  • No Heating

About This Home

As of June 2013

Excellent Opportunity to own a great income producing property in Palm Beach County. All units rented and in great shape. Call for your private tour today. Building sold AS/IS with 7 day right to inspect. All measurements to be verified by buyer.

Last Agent to Sell the Property

Jason Coley

Atlantic Shores ERA Powered License #3146240 Listed on: 05/08/2013

Atlantic Shores ERA Powered

Last Buyer's Agent

Elizabeth O'Hara

Premier Brokers International License #3129637

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • Fenced
  • Interior Lot

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,008 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Water Views

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Total Actual Rent $40,800
  • Rent includes electricity
  • Assessor Parcel Number 36434220031240100

Community Details

Overview

  • 4 Units
  • Lake Park Add 01 Subdivision

Building Details

  • Operating Expense $6,000
  • Net Operating Income $34,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Northlake East to South on Flagler to Left Kalmia Dr.
  • Year Built: 1968
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 3008.0

Exterior Features

  • Exterior Features: Fence
  • View: Water
  • Lot Features: Interior Lot, < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Electricity
  • Senior Community: No

Lot Info

  • Parcel #: 36434220031240100
  • Zoning Description: R2

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 34800.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 6000.0
  • Total Actual Rent: 40800.0

Tax Info

  • Tax Year: 2007
  • Tax Annual Amount: 7556.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2014
Sold by
Costa Anthony
Bought by
Costa Kim Marie and The Kim Marie Costa Family Trust
Current Estimated Value
$1,005,372

Purchase Details

Listed on
May 8, 2013
Closed on
Jun 12, 2013
Sold by
Residential Rehab Inc
Bought by
Costa Anthony
Seller's Agent
Jason Coley
Atlantic Shores ERA Powered
Buyer's Agent
Elizabeth O'Hara
Premier Brokers International
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.05%

Purchase Details

Closed on
Mar 13, 2007
Sold by
Burrow Martha
Bought by
Residential Rehab Inc
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
Costa Kim Marie -- Attorney
Costa Anthony $250,000 First International Title Po
Residential Rehab Inc $37,000 James N Brown Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burrow Roger A $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2013 06/13/13 Sold $250,000 0.0% $83 / Sq Ft
05/14/2013 05/14/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $250,000 -- $83 / 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 $14,940 $470,797 -- --
2023 $14,495 $427,997 $0 $0
2022 $11,754 $389,088 $0 $0
2021 $10,113 $406,071 $110,000 $296,071
2020 $9,420 $371,828 $135,000 $236,828
2019 $9,005 $375,209 $135,000 $240,209
2018 $7,710 $286,720 $98,609 $188,111
2017 $7,449 $267,605 $88,044 $179,561
2016 $7,022 $219,630 $0 $0
2015 $6,530 $199,664 $0 $0
2014 $5,713 $164,168 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Coley

    Seller's Agent in 2013

    Jason Coley

    Atlantic Shores ERA Powered

    (772) 201-5229

    1 in this area

    806 Total Sales

    Jason Coley
    Section Image

  • E

    Buyer's Agent in 2013

    Elizabeth O'Hara

    Premier Brokers International

See All Agents

Map

Source: BeachesMLS

MLS Number: R3365923

BeachesMLS

APN: 36-43-42-20-03-124-0100

Florida Palm Beach County West Palm Beach 33403

516 W Kalmia Dr, West Palm Beach, FL

This home is located at 516 W Kalmia Dr, West Palm Beach, FL 33403 since 08 May 2013 and is currently estimated at $1,005,372, approximately $334 per square foot. This property was built in 1968. 516 W Kalmia Dr is a home located in Palm Beach County with nearby schools including The Conservatory School at North Palm Beach, Palm Beach Gardens Community High School, and Inlet Grove Community High 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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