$115,000
SOLD JUN 9, 2014
-- Bed
-- Bath
2,370 Sq Ft
6,578 Sq Ft Lot

Recently Sold

$49 Per Sq Ft

32% Below List Price

73 Days on Market

Highlights

  • No HOA
  • Concrete Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • 2-minute walk to Fogleman Park

About This Home

As of June 2014

Fully rented 4-plex, three 2 BR/1 Ba and 1 studio for sale. Long-term tenants all on month-to-month lease. Total net income $2750/month but rents could be raised in two of the units. Off street parking for all units, quiet neighborhood across from a park. Convenient to St. Mary's Hospital, bus routes and Tri-Rail. Little maintenance, self-sufficient property. Low taxes. Excellent for investor - make money as soon as you close.

Last Agent to Sell the Property

John Hayes

MMLS Assoc.-Inactive Member License #3081952 Listed on: 03/15/2014

Last Buyer's Agent

John Hayes

MMLS Assoc.-Inactive Member License #3081952 Listed on: 03/15/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,017

Year Built

  • Built in 1955

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,370 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Utilities

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

Community Details

  • No Home Owners Association
  • 4 Units
  • North Palm Beach Plat 2 Condos
  • North Palm Beach Plat 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434304050250611

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,017

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: NORTH PALM BEACH PLAT 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Concrete
  • Living Area: 2370
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: NORTH PALM BEACH PLAT 2
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • 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: 74434304050250611
  • Zoning: SF7
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2025
Sold by
Mts Investment Properties Llc
Bought by
714 47Th St West Palm Beach Llc
Current Estimated Value
$625,832

Purchase Details

Listed on
Mar 15, 2014
Closed on
Jun 6, 2014
Sold by
Meridian Trust Llc
Bought by
Mts Investments Properties Llc
Seller's Agent
John Hayes
MMLS Assoc.-Inactive Member
Buyer's Agent
John Hayes
MMLS Assoc.-Inactive Member
List Price
$169,500
Sold Price
$115,000
Premium/Discount to List
-$54,500
-32.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.24%

Purchase Details

Closed on
Jan 9, 2013
Sold by
Klewan Terry
Bought by
Anchester Properties Llc

Purchase Details

Closed on
Aug 3, 2012
Sold by
Gaspard Jean E and Gaspard Modeline T
Bought by
Klewan Terry

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
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2004
Sold by
Williams David
Bought by
Gaspard Jean E and Gaspard Modeline T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2003
Sold by
Coley Jason M
Bought by
Williams David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,700
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2002
Sold by
Whelpley Gary
Bought by
Coley Jason M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
10.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2002
Sold by
American Residential Marketing Inc
Bought by
Whelpley Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2002
Sold by
Jean Josue and Self Rebecca
Bought by
American Residential Marketing Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.85%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 7, 1996
Sold by
Norwich Walter T and Norwich Grace
Bought by
Jean Josue and Self Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,600
Interest Rate
8.24%
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 Type Sale Price Title Company
Warranty Deed $610,000 Truly Title
Warranty Deed $133,000 None Available
Warranty Deed $115,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $72,000 Universal Land Title Llc
Warranty Deed $230,000 --
Warranty Deed $186,000 Flagler Title Company
Warranty Deed $150,000 --
Warranty Deed $170,000 Approved Title Closers Inc
Warranty Deed $72,000 Express Land Title Inc
Warranty Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 New Conventional
Previous Owner $231,000 Unknown
Previous Owner $16,600 Credit Line Revolving
Previous Owner $172,500 Purchase Money Mortgage
Previous Owner $176,700 Purchase Money Mortgage
Previous Owner $135,000 Purchase Money Mortgage
Previous Owner $119,000 Purchase Money Mortgage
Previous Owner $72,000 Stand Alone First
Previous Owner $44,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2019 10/01/19 For Rent $1,575 0.0% --
10/01/2019 10/01/19 Rented $1,575 0.0% --
05/01/2018 05/01/18 For Rent $1,575 0.0% --
05/01/2018 05/01/18 Rented $1,575 0.0% --
06/09/2014 06/09/14 Sold $115,000 -32.2% $49 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
03/15/2014 03/15/14 For Sale $169,500 -- $72 / 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 $6,089 $231,242 -- --
2023 $5,952 $210,220 $90,224 $245,291
2022 $5,334 $191,109 $0 $0
2021 $4,826 $212,064 $36,400 $175,664
2020 $4,679 $219,112 $58,500 $160,612
2019 $4,301 $188,921 $52,000 $136,921
2018 $3,490 $141,806 $26,072 $115,734
2017 $3,169 $129,456 $13,722 $115,734
2016 $2,959 $107,876 $0 $0
2015 $2,791 $98,069 $0 $0
2014 $2,644 $90,889 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1921789

MIAMI REALTORS® MLS

APN: 74-43-43-04-05-025-0611