NOT LISTED FOR SALE

731 N H St Lake Worth, FL 33460

Tropical Ridge Neighborhood

Estimated Value: $397,000 - $500,000

4 Beds
3 Baths
2,184 Sq Ft
$205/Sq Ft Est. Value

Last Sold August 19, 2013

Last sale price $164,000 $75 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $3,036/month

18 Days on Market

Highlights

  • Garden View
  • Cooling System Mounted To A Wall/Window
  • Awning
  • Corner Lot
  • Shed
  • Fenced

About This Home

As of August 2013

Citron yellow, cyan blue, and celery green... The carnival of freshly painted vibrant exterior colors at this triplex are almost as delightful as the abundance of money it pulls in month after month! Robust 1950's concrete block structures housing a 2/1 + 1/1 + 1/1. Fully occupied, $850 + $600 + $575. Over $24,000 of gross income / yr! The 2/1 is over 1,200 sq. ft., easy possibility to become a 3/1. More rental income for you. This property is totally on auto-pilot. Stellar condition, exceptional tenants, simply take over an already smooth sailing ship. Steps to retail, biking distance to beach, short stroll to nightlife. Nearly identical triplex available for sale directly next door. Why not add six thriving units to your growing portfolio all at once? You'll be glad you did.

Last Agent to Sell the Property

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 07/31/2013

Last Buyer's Agent

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 07/31/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • Fenced
  • Corner Lot

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,184 Sq Ft Home
  • 1-Story Property
  • Awning
  • Single Hung Metal Windows
  • Vinyl Flooring
  • Garden Views

Outdoor Features

  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Total Actual Rent $24,300
  • Rent includes electricity
  • Assessor Parcel Number 38434421152100090

Community Details

Overview

  • 3 Units
  • Town Of Lake Worth Subdivision

Building Details

  • Operating Expense $5,708
  • Net Operating Income $18,592

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Take 10th Ave. N. to North H St., turn South, property on West side of street.
  • Year Built: 1954
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 2184.0
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Fence, Shed, Awning(s)
  • View: Garden
  • Lot Features: Corner Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity
  • Senior Community: No

Lot Info

  • Parcel #: 38434421152100090
  • Zoning Description: MULTI

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 18592.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 5708.0
  • Total Actual Rent: 24300.0

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5708.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2013
Closed on
Aug 15, 2013
Sold by
Vlw Commercial Holdings Inc
Bought by
Newson Scott D
Seller's Agent
Bret Taylor
Southdale Properties Inc.
Buyer's Agent
Bret Taylor
Southdale Properties Inc.
List Price
$189,900
Sold Price
$164,000
Premium/Discount to List
-$25,900
-13.64%
Current Estimated Value
$448,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,061
Avg. Annual Appreciation
8.63%

Purchase Details

Closed on
Dec 21, 2012
Sold by
Oliver Corporation
Bought by
Vlw Commercial Holdings Inc
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
Newson Scott D $158,000 United Title Agencies I Inc
Newson Scott D $164,000 United Title Agencies I Inc
Vlw Commercial Holdings Inc $150,000 United Title Agencies I Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2013 08/19/13 Sold $164,000 -13.6% $75 / Sq Ft
07/31/2013 07/31/13 For Sale $189,900 -- $87 / 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 $7,922 $265,749 -- --
2023 $7,473 $241,590 $0 $0
2022 $6,764 $219,627 $0 $0
2021 $6,362 $250,749 $101,400 $149,349
2020 $5,962 $231,779 $89,700 $142,079
2019 $5,625 $220,351 $81,900 $138,451
2018 $5,111 $199,420 $77,469 $121,951
2017 $4,636 $157,928 $55,335 $102,593
2016 $4,273 $123,974 $0 $0
2015 $4,297 $112,704 $0 $0
2014 $4,346 $112,284 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Bret Taylor

    Southdale Properties Inc.

    (561) 255-5310

    29 in this area

    76 Total Sales

    Bret Taylor
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Map

Source: BeachesMLS

MLS Number: R9965734

BeachesMLS

APN: 38-43-44-21-15-210-0090

Florida Palm Beach County Lake Worth 33460 Tropical Ridge

731 N H St, Lake Worth, FL

This home is located at 731 N H St, Lake Worth, FL 33460 since 31 July 2013 and is currently estimated at $448,061, approximately $205 per square foot. This property was built in 1954. 731 N H St is a home located in Palm Beach County with nearby schools including Lake Worth High School, North Grade Elementary School, and Lake Worth Community 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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