NOT LISTED FOR SALE

5915 S 37th St Green Acres, FL 33463

Estimated Value: $578,358 - $778,000

-- Bed
1 Bath
2,776 Sq Ft
$249/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $385,000 $139 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,559/month

85 Days on Market

Highlights

  • Patio
  • Ceiling Fan
  • Fenced
  • Central Heating and Cooling System

About This Home

As of September 2020

Triplex located in a good rental area. CAP rate with the current rents 7%. Room to increase rental rates to increase CAP rate to approximately 10%. The property has a new shingle roof. All the windows have newer accordion hurricane shutters. Each has a attached storage unit. Stack washer and dryer in each unit. Separated back yard areas. Each rental has its own HVAC unit, separate electrical and water meters. Ideal for investors looking for a good return and some TLC improvements. Current occupants have been long term renters.

Last Agent to Sell the Property

Tom Howard

R&R Realty Inc License #0508801 Listed on: 05/15/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,286

Year Built

  • Built in 1980

Lot Details

  • 8,390 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,776 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18424423080010020

Community Details

Overview

  • 3 Units
  • Villa Del Trio Subdivision

Building Details

  • Operating Expense $7,286
  • Net Operating Income $26,914

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,286

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: I-95 to Forest Hill Blvd, go west on Forest Hill Blvd, left onto Sherwood Forest Blvd, left onto 37th Court and left onto 37th Street. Property is on the left, 5915, 5917 and 5919 37th Street.
  • Year Built: 1980
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 2776.0

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle, Wood Trusses

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • 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 #: 18424423080010020
  • Lot Size Sq Ft: 8390.0
  • Zoning Description: RM-1(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 26914.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 7286.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5286.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Sep 8, 2020
Sold by
Molina John D
Bought by
Almanza Jorge Alberto Barreto
Seller's Agent
Tom Howard
R&R Realty Inc
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%
Current Estimated Value
$691,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,590
Avg. Annual Appreciation
12.82%
Original Mortgage
$288,750
Outstanding Balance
$259,713
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$441,494

Purchase Details

Closed on
Jan 4, 2017
Sold by
Molina Maria
Bought by
Molina John D

Purchase Details

Closed on
Sep 24, 2002
Sold by
Foncea Eleodoro A and Foncea Luz E
Bought by
Molina John D and Molina Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,900
Interest Rate
6.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 24, 1996
Sold by
King George A
Bought by
Foncea Eleodoro A and Foncea Luz E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
7.83%
Mortgage Type
New Conventional
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
Almanza Jorge Alberto Barreto $385,000 Jupiter Land Title Company
Molina John D -- Attorney
Molina John D -- --
Foncea Eleodoro A $111,000 --
King George A $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almanza Jorge Alberto Barreto $288,750
Previous Owner Mollna John D $174,000
Previous Owner Molina John D $153,000
Previous Owner Molina John D $144,900
Previous Owner King George A $46,022
Previous Owner King George A $88,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $385,000 -2.5% $139 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $395,000 -- $142 / 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 $9,497 $423,792 -- --
2023 $8,860 $385,265 $0 $0
2022 $8,077 $350,241 $0 $0
2021 $7,322 $318,401 $120,000 $198,401
2020 $5,521 $283,482 $120,000 $163,482
2019 $5,289 $278,493 $120,000 $158,493
2018 $4,338 $218,072 $56,250 $161,822
2017 $3,610 $185,730 $45,000 $140,730
2016 $3,157 $136,838 $0 $0
2015 $3,103 $126,843 $0 $0
2014 $2,868 $115,312 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tom Howard

    R&R Realty Inc

    (561) 626-8550

    1 in this area

    5 Total Sales

    Tom Howard
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Map

Source: BeachesMLS

MLS Number: R10622998

BeachesMLS

APN: 18-42-44-23-08-001-0020

Florida Palm Beach County Green Acres 33463

5915 S 37th St, Green Acres, FL

This home is located at 5915 S 37th St, Green Acres, FL 33463 since 15 May 2020 and is currently estimated at $691,590, approximately $249 per square foot. This property was built in 1980. 5915 S 37th St is a home located in Palm Beach County with nearby schools including Liberty Park Elementary School, John I. Leonard High School, and L C Swain Middle 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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