NOT LISTED FOR SALE

Estimated Value: $560,000 - $704,000

-- Bed
3 Baths
3,600 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $289,000 $80 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $4,006/month

49 Days on Market

Highlights

  • Water Views
  • Tile Flooring
  • Fenced
  • Impact Glass
  • Central Heating and Cooling System
  • 5-minute walk to Coleman Park

About This Home

As of August 2018

CASH FLOW, CASH FLOW, CASH FLOW. Excellent triplex property for investors. Located one block away from a massive new construction development that is changing this entire neighborhood. Upstairs unit is a huge 4 bed /2 bath apartment with large living room. Currently Rented $1,400 per month.Downstairs units include a 3 bed /2bath apartment (Current Rent $900 per month; below market) and a 1 bed/1bath (New Lease at $650 per month).All units have been nicely renovated and have central AC. Windows are Impact.Total Rent Roll: $2,950 per month. Tenants pay their own utilities. This deal is priced to sell! Great cash???????????????????????????????????????? flow!!

Last Listed By

Dan DeMott

LPT Realty, LLC License #3303428 Listed on: 06/09/2018

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,977

Year Built

  • Built in 1948

Lot Details

  • 5,756 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Water Views
  • Impact Glass

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434316100100031

Community Details

Overview

  • 3 Units
  • Washington Heights Subdivision

Building Details

  • Operating Expense $7,000
  • Net Operating Income $28,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,977

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: I-95 TO PALM BEACH LAKES EASTNORTH ON TAMARIND TO 19TH STEAST ON 19TH TO PROPERTY (SOUTH SIDE OF STREET)
  • Year Built: 1948
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 3600.0
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence
  • View: Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • 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, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434316100100031
  • Lot Size Sq Ft: 5756.0
  • Zoning Description: SF11(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 28400.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 7000.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3977.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2018
Closed on
Aug 27, 2018
Sold by
Moran John and Moran Lisa
Bought by
Holt Marlon
Seller's Agent
Dan DeMott
LPT Realty, LLC
List Price
$279,000
Sold Price
$289,000
Premium/Discount to List
$10,000
3.58%
Total Days on Market
49
Current Estimated Value
$640,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,183
Avg. Annual Appreciation
12.49%
Original Mortgage
$283,765
Outstanding Balance
$249,480
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$390,703

Purchase Details

Closed on
Apr 18, 2017
Sold by
Healthy Weigh To Live Llc
Bought by
Moran John Peter

Purchase Details

Closed on
Apr 1, 2017
Bought by
Moran John P

Purchase Details

Closed on
Mar 1, 2016
Bought by
Moran John P

Purchase Details

Listed on
Oct 21, 2014
Closed on
Jun 23, 2015
Sold by
Ransom Ray A
Bought by
Moran John Peter
Seller's Agent
Mildred Bellefleur
Unity Investment Group, LLC
List Price
$170,000
Sold Price
$158,000
Premium/Discount to List
-$12,000
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.10%
Original Mortgage
$118,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2009
Sold by
Vinola Maria B
Bought by
Ransom Ray A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 19, 2008
Sold by
Consumers Corporation
Bought by
Vinola Maria B

Purchase Details

Closed on
Dec 12, 2007
Sold by
County Of Palm Beach
Bought by
Consumers Alliance Corp
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
Holt Marlon $289,000 Attorney
Moran John Peter $57,735 Attorney
Moran John P $57,700 --
Moran John P $58,700 --
Moran John Peter $158,000 Attorney
Ransom Ray A $68,000 Southeast Guaranty & Title I
Vinola Maria B $32,500 Attorney
Consumers Alliance Corp $12,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt Marlon $283,765
Previous Owner Moran John Peter $118,500
Previous Owner Ransom Ray A $44,000
Previous Owner Ransom Ray A $44,000
Previous Owner Ransom Ray A $120,000
Previous Owner Ransom Ray A $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2018 08/28/18 Sold $289,000 +3.6% $80 / Sq Ft
07/29/2018 07/29/18 Pending -- -- --
06/09/2018 06/09/18 For Sale $279,000 +76.6% $78 / Sq Ft
06/23/2015 06/23/15 Sold $158,000 -7.1% $44 / Sq Ft
05/24/2015 05/24/15 Pending -- -- --
10/21/2014 10/21/14 For Sale $170,000 -- $47 / 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 $4,939 $233,424 -- --
2023 $4,858 $274,863 $48,768 $392,658
2022 $6,687 $249,875 $0 $0
2021 $5,624 $227,159 $24,000 $203,159
2020 $5,884 $236,886 $17,940 $218,946
2019 $5,185 $233,246 $14,300 $218,946
2018 $5,125 $211,828 $12,510 $199,318
2017 $3,977 $159,913 $10,425 $149,488
2016 $3,889 $152,766 $0 $0
2015 $2,887 $72,265 $0 $0
2014 $2,603 $65,695 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10438540

BeachesMLS

APN: 74-43-43-16-10-010-0031