$247,000
SOLD JUN 23, 2017
-- Bed
-- Bath
2,882 Sq Ft
7,013 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

7% Below List Price

35 Days on Market

Highlights

  • Terrazzo Flooring
  • Central Heating and Cooling System
  • 4-minute walk to Alice Mickens Park

About This Home

As of June 2017

CAPT RATE 10%!!MULTI-FAMILY TRIPLEX IN WEST PALM BEACH, CLOSE TO SHOPPING CENTERS AND HIGHWAY. ALL UNIT HAVE WASHER AND DRYER INSIDE, NICE AND CLEAN. UNITS ARE ALL RENTED OUT , UNIT 1 IS RENTED OUT FOR $850.00 MONTHLY, UNIT 2 IS RENTED FOR $775.00 MONTHLY,UNIT 3 IS RENTED FOR $1075.00 MONTHLY,SHOWINGS MUST BE SCHEDULED 24HRS IN ADVANCED. IF LISTING IS ACTIVE, THEN PROPERTY IS AVAILABLE. NO RENT RESTRICTIONS, ALL AGES WELCOME!

Last Agent to Sell the Property

Victor Castillo Jr

Miami Life Realty LLC License #3277658 Listed on: 04/18/2017

Last Buyer's Agent

Michelle Mendez

Platinum Preferred Realty LLC License #3346899

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,340

Year Built

  • Built in 1986

Home Design

  • Triplex
  • Shake Roof
  • Wood Roof

Interior Spaces

  • 2,882 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $28,800
  • Rent includes electricity, sewer, cable TV, water
  • Assessor Parcel Number 74434321060100060

Community Details

Overview

  • Association fees include sewer, trash, water
  • 4 Units
  • Clows Add West Palm Beach Subdivision

Building Details

  • Operating Expense $7,350
  • Net Operating Income $21,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,340

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: 95 exit Okeechobee East, Australian N., Right on Banyan, Tamarind N to 6th
  • Year Built: 1986
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 2882.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Shake, Wood

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Sewer, Cable TV, Water
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Other, Sewer, Trash, Water

Lot Info

  • Parcel #: 74434321060100060
  • Zoning Description: TYPE 1

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 21450.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 7350.0
  • Total Actual Rent: 28800.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3340.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2025
Sold by
Rcac Investment Llc
Bought by
Castro Arturo and Carmona Rosemary
Current Estimated Value
$598,071

Purchase Details

Closed on
Aug 30, 2024
Sold by
Carmona Rosemary and Castro Arturo
Bought by
Rcac Investment Llc

Purchase Details

Closed on
Jan 28, 2022
Sold by
Norman Mangol
Bought by
Carmona Rosemary and Castro Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,976
Interest Rate
3.45%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 18, 2017
Closed on
Jun 14, 2017
Sold by
Taim House Corp
Bought by
Mangol Norman
Seller's Agent
Victor Castillo Jr
Miami Life Realty LLC
Buyer's Agent
Michelle Mendez
Platinum Preferred Realty LLC
List Price
$265,000
Sold Price
$247,000
Premium/Discount to List
-$18,000
-6.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.03%
Original Mortgage
$200,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2012
Sold by
Attenberg Richard and Attenberg Steffanie
Bought by
Taim House Corp

Purchase Details

Closed on
Nov 18, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Attenberg Richard

Purchase Details

Closed on
Aug 12, 2010
Sold by
Cozzi Alex
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Sep 21, 2005
Sold by
Mccabe Timothy P and Mccabe Robert A
Bought by
Cozzi Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,880
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 31, 2003
Sold by
Palm Beach Homebuyers Llc
Bought by
Mccabe Timothy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2001
Sold by
West Palm Beach Trust #824
Bought by
Palm Beach Homebuyers Llc

Purchase Details

Closed on
Jul 22, 1999
Sold by
Walker Frank J
Bought by
West Palm Beach Trust #824

Purchase Details

Closed on
Feb 13, 1998
Sold by
Mannings Nathaniel and Hamm Larry Hamm
Bought by
Walker Frank J
Source: Public Records

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Range of Values:

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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
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- First Choice Title Services
Warranty Deed $443,000 New Title Company Name
Warranty Deed $247,000 Empire Title Svcs Esq
Warranty Deed $168,000 Attorney
Special Warranty Deed $53,100 Attorney
Trustee Deed $20,100 Attorney
Warranty Deed $286,100 City Title Llc
Warranty Deed $155,000 --
Warranty Deed $80,000 Clear Title & Guarantee Llc
Warranty Deed $59,000 --
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $434,976 FHA
Previous Owner $230,250 Adjustable Rate Mortgage/ARM
Previous Owner $200,000 New Conventional
Previous Owner $228,880 Fannie Mae Freddie Mac
Previous Owner $55,000 Purchase Money Mortgage
Previous Owner $51,560 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2019 06/04/19 For Rent $1,350 0.0% --
06/04/2019 06/04/19 Rented $1,350 0.0% --
06/23/2017 06/23/17 Sold $247,000 -6.8% $86 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $265,000 -- $92 / 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 $10,841 $499,679 -- --
2023 $10,307 $470,748 $62,902 $407,846
2022 $7,886 $317,913 $0 $0
2021 $7,313 $352,988 $46,250 $306,738
2020 $6,357 $262,738 $40,700 $222,038
2019 $5,990 $244,450 $51,800 $192,650
2018 $5,219 $220,702 $36,950 $183,752
2017 $3,768 $201,748 $32,130 $169,618
2016 $3,586 $121,791 $0 $0
2015 $3,480 $110,719 $0 $0
2014 $2,956 $100,654 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10326646

BeachesMLS

APN: 74-43-43-21-06-010-0060