NOT LISTED FOR SALE

Estimated Value: $593,000 - $736,000

6 Beds
3 Baths
2,412 Sq Ft
$277/Sq Ft Est. Value

Last Sold November 06, 2017

Last sale price $275,000 $114 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $4,120/month

171 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating Available

About This Home

As of November 2017

CASH FLOW!! HUGE RENTAL RETURN! Well maintained legal triplex with long lasting tenants. All units are 2/1's with washer and dryers inside each unit. Each unit has a storage unit in front. DO NOT DISTURB THE TENANTS!

Last Agent to Sell the Property

Chris Aguiar

Brickell Brokers LLC License #3247969 Listed on: 05/08/2017

Brickell Brokers LLC

Last Buyer's Agent

Delroy Wallace

RE/MAX Park Creek Realty Inc License #0472189

RE/MAX Park Creek Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,512

Year Built

  • Built in 1985

Lot Details

  • 7,667

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2,412 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • No Home Owners Association
  • 3 Units
  • North Palm Bch 4 Condos
  • North Palm Bch 4 Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 74434304080640190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,512

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1985
  • Property Sub Type: Triplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: NORTH PALM BCH 4
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2412
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NORTH PALM BCH 4
  • Total Parking Spaces: 3

Utilities

  • Sewer: Other
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 74434304080640190
  • Zoning: FS7
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3512

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Nov 6, 2017
Sold by
Farrach Christian
Bought by
Wallace Kyle V
Seller's Agent
Chris Aguiar
Brickell Brokers LLC
Buyer's Agent
Delroy Wallace
RE/MAX Park Creek Realty Inc
List Price
$310,000
Sold Price
$275,000
Premium/Discount to List
-$35,000
-11.29%
Current Estimated Value
$638,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,365
Avg. Annual Appreciation
10.93%
Original Mortgage
$206,250
Outstanding Balance
$175,131
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$440,124

Purchase Details

Closed on
Dec 18, 2015
Sold by
Northwood Holdings Llc
Bought by
Farrach Christian

Purchase Details

Listed on
Feb 22, 2014
Closed on
May 12, 2014
Sold by
Rucker Lee W
Bought by
Northwood Holdings Llc
Seller's Agent
Federico Rochwerger, PA
The Keyes Company
Buyer's Agent
Naren Bharwani
The Keyes Company
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%

Purchase Details

Closed on
Mar 26, 2012
Sold by
Rucker Lee and Rucker Lynette
Bought by
Rucker Lee W

Purchase Details

Closed on
Jul 29, 1998
Sold by
Isenberg Donald P and Isenberg Wanda
Bought by
Rucker Lee and Rucker Lynette
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
Wallace Kyle V $275,000 Title Professionals Corp
Farrach Christian $205,000 Attorney
Northwood Holdings Llc $140,000 Keyes Title Services
Rucker Lee W -- None Available
Rucker Lee $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Kyle V $206,250
Previous Owner Rucker Lee $92,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2017 11/06/17 Sold $275,000 -3.5% $114 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
09/05/2017 09/05/17 Price Changed $285,000 -8.1% $118 / Sq Ft
08/16/2017 08/16/17 Price Changed $310,000 0.0% $129 / Sq Ft
08/16/2017 08/16/17 For Sale $310,000 +12.7% $129 / Sq Ft
06/27/2017 06/27/17 Off Market $275,000 -- --
05/23/2017 05/23/17 Price Changed $275,000 -8.3% $114 / Sq Ft
05/08/2017 05/08/17 For Sale $299,900 +114.2% $124 / Sq Ft
05/12/2014 05/12/14 Sold $140,000 -3.4% $58 / Sq Ft
04/12/2014 04/12/14 Pending -- -- --
02/22/2014 02/22/14 For Sale $145,000 -- $60 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $7,497 $306,764 -- --
2023 $7,393 $278,876 $100,964 $338,779
2022 $6,604 $253,524 $0 $0
2021 $5,976 $285,166 $42,000 $243,166
2020 $5,582 $265,721 $67,500 $198,221
2019 $5,093 $228,855 $60,000 $168,855
2018 $4,191 $173,160 $32,590 $140,570
2017 $3,779 $157,723 $17,153 $140,570
2016 $3,512 $140,291 $0 $0
2015 $3,116 $119,309 $0 $0
2014 $1,886 $44,254 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10271410

MIAMI REALTORS® MLS

APN: 74-43-43-04-08-064-0190