$162,500
SOLD JAN 17, 2014
-- Bed
-- Bath
1,993 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$82 Per Sq Ft

14% Below List Price

83 Days on Market

Highlights

  • Fruit Trees
  • Ceramic Tile Flooring
  • Fenced
  • Garden View
  • Central Heating and Cooling System

About This Home

As of January 2014

Triplex located in Lantana close to beach, shops, public transportation and restaurants. Units 1 and 2 are both 1 bedroom 1 bath units that rent for $600 a month. Back building is a 3 bedroom 1 bath unit that rents for $750 a month. Each unit has it own private outside areas. Units 1 and 2 have their own attached carport.

Last Agent to Sell the Property

Jon Allen

Illustrated Properties LLC License #3250090 Listed on: 09/25/2013

Illustrated Properties LLC

Co-Listed By

Bo Allen

Illustrated Properties LLC License #602992

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,948

Year Built

  • Built in 1963

Lot Details

  • Fenced
  • Fruit Trees

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,993 Sq Ft Home
  • 1-Story Property
  • Garden Views

Flooring

  • Laminate
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $23,400
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 40434503180220140

Community Details

Overview

  • 3 Units
  • Pine St Homesites Subdivision

Building Details

  • Operating Expense $6,000
  • Net Operating Income $17,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,948

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Lantana Rd east to Dixie Hwy then South to W Pine St. Make a right on Pine St then straight to Arnold Ave. South to Branch St. Make a left and property is on northside of street
  • Year Built: 1963
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1993.0

Exterior Features

  • Exterior Features: Fence, Fruit Trees
  • View: Garden
  • Pool Features: None
  • 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: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No

Lot Info

  • Parcel #: 40434503180220140
  • Zoning Description: R15

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 17400.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 6000.0
  • Total Actual Rent: 23400.0

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2948.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2016
Bought by
Ciela Llc
Current Estimated Value
$615,009

Purchase Details

Listed on
Sep 25, 2013
Closed on
Jan 17, 2014
Sold by
Clc Rehab Llc
Bought by
Maxiplex Llc
Seller's Agent
Jon Allen
Illustrated Properties LLC
List Price
$189,900
Sold Price
$162,500
Premium/Discount to List
-$27,400
-14.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%
Original Mortgage
$113,750
Interest Rate
4.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 28, 2011
Sold by
Colangelo Peter
Bought by
Clc Rehab Llc

Purchase Details

Closed on
Jan 27, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Colangelo Peter

Purchase Details

Closed on
Oct 1, 2010
Sold by
Marletta John A and Marletta Ann M
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jan 24, 1995
Sold by
Merickel Richard D and Merickel Barbara L
Bought by
Marletta John A and Marletta Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
9.24%
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 Type Sale Price Title Company
Deed $192,500 --
Warranty Deed $162,500 Trident Title Llc
Quit Claim Deed -- Attorney
Special Warranty Deed $86,600 New House Title
Warranty Deed $272,333 Attorney
Warranty Deed $81,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,200 Commercial
Previous Owner $113,750 Future Advance Clause Open End Mortgage
Previous Owner $280,000 Fannie Mae Freddie Mac
Previous Owner $200,000 Unknown
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2017 10/25/17 For Rent $900 0.0% --
10/25/2017 10/25/17 Rented $900 0.0% --
01/17/2014 01/17/14 Sold $162,500 -14.4% $82 / Sq Ft
12/18/2013 12/18/13 Pending -- -- --
09/25/2013 09/25/13 For Sale $189,900 -- $95 / 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 $9,178 $377,328 -- --
2023 $8,239 $343,025 $0 $0
2022 $7,911 $311,841 $0 $0
2021 $7,315 $306,640 $153,900 $152,740
2020 $6,948 $301,079 $131,100 $169,979
2019 $6,490 $275,036 $114,000 $161,036
2018 $5,835 $246,594 $107,588 $139,006
2017 $5,041 $193,629 $86,071 $107,558
2016 $5,168 $198,668 $0 $0
2015 $4,976 $184,408 $0 $0
2014 -- $143,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R9980465

BeachesMLS

APN: 40-43-45-03-18-022-0140