NOT LISTED FOR SALE

824 Bayberry Dr Unit 1,2 & 3 : Triplex Lake Park, FL 33403

Estimated Value: $628,000 - $744,000

5 Beds
3 Baths
2,256 Sq Ft
$307/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $689,000 $305 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,588/month

19 Days on Market

Highlights

  • Water Views
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Concrete Pool
  • Tile Flooring
  • 5-minute walk to Lake park Developmental Center

About This Home

As of June 2024

INCOME PRODUCING TRIPLEX WITH POOL: 2/1: $1,980 Lease ends July 2024 (wants to renew) 1/1: $1,350 Lease ends Feb 2025 2/1 With POOL: $2,290 Lease ends March 2025. TOTAL MONTHLY INCOME: $5,620 GROSS ANNUALLY: $67,440 Long term tenants, looking to stay and renew leases. SEPARATE ELECTRIC METERS - Tenants pay Electric All tenants have individual fenced-in backyard. *POOL IS PRIVATE FOR ONLY UNIT #3 POOL WAS REMODELED , RESURFACED AND TILED (OCT. 2023) New Roof with permits (2021) Bayberry Rd Recently Repaved roads (Nov.2023) Survey of property is available

Last Agent to Sell the Property

Angie Stephens

United Realty Group Inc License #3390780 Listed on: 05/21/2024

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,458

Year Built

  • Built in 1961

Lot Details

  • 10,576 Sq Ft Lot

Property Views

  • Water
  • Garden

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,256 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Pool

  • Concrete Pool
  • Gunite Pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36434220010480080

Community Details

Overview

  • 3 Units
  • Kelsey City Subdivision

Building Details

  • Operating Expense $3,300
  • Net Operating Income $64,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,458

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Year Built: 1961
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Tile
  • Living Area: 2256.0

Exterior Features

  • Exterior Features: None
  • View: Garden, Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: Concrete, Gunite, Pool
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 36434220010480080
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 10576.0
  • Zoning Description: R2(cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 64140.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 3300.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9458.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jun 28, 2024
Sold by
Top Regency Llc
Bought by
Dormeus Nesly
Seller's Agent
Angie Stephens
United Realty Group Inc
List Price
$717,000
Sold Price
$689,000
Premium/Discount to List
-$28,000
-3.91%
Views
7
Current Estimated Value
$693,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,449
Avg. Annual Appreciation
1.50%
Original Mortgage
$516,750
Outstanding Balance
$512,802
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$188,221

Purchase Details

Closed on
Dec 9, 2022
Sold by
Davis Humphrey and Davis Margaret
Bought by
Top Regency Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2004
Sold by
Stewart Isaiah
Bought by
Davis Humphrey and Davis Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2000
Sold by
Bailey Charles C
Bought by
Stewart Isaiah
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
Dormeus Nesly $689,000 Capital Abstract & Title
Top Regency Llc $400,000 Title Guaranty Of South Florid
Davis Humphrey $194,500 Flagler Title Company
Stewart Isaiah $77,000 --
Bailey Charles C $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dormeus Nesly $516,750
Previous Owner Top Regency Llc $336,000
Previous Owner Davis Humphrey $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $689,000 -3.9% $305 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $717,000 -- $318 / 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 $9,709 $381,214 -- --
2023 $9,458 $374,136 $128,100 $246,036
2022 $6,388 $205,445 $0 $0
2021 $5,335 $221,599 $66,000 $155,599
2020 $5,073 $218,088 $81,000 $137,088
2019 $4,863 $220,314 $81,000 $139,314
2018 $4,117 $165,843 $57,538 $108,305
2017 $3,977 $155,003 $51,373 $103,630
2016 $3,756 $115,968 $0 $0
2015 $3,493 $105,425 $0 $0
2014 $3,205 $95,841 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Angie Stephens

    United Realty Group Inc

    (561) 220-4134

    1 in this area

    15 Total Sales

    Angie Stephens
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Map

Source: BeachesMLS

MLS Number: R10989317

BeachesMLS

APN: 36-43-42-20-01-048-0080

Florida Palm Beach County Lake Park 33403

824 Bayberry Dr Unit 1,2 & 3 : Triplex, Lake Park, FL

This home is located at 824 Bayberry Dr Unit 1,2 & 3 : Triplex, Lake Park, FL 33403 since 21 May 2024 and is currently estimated at $693,449, approximately $307 per square foot. This property was built in 1961. 824 Bayberry Dr Unit 1,2 & 3 : Triplex is a home located in Palm Beach County with nearby schools including Lake Park Elementary School, Howell L. Watkins Middle School, and Palm Beach Gardens Community High 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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