NOT LISTED FOR SALE

Estimated Value: $552,911 - $706,000

6 Beds
4 Baths
2,916 Sq Ft
$210/Sq Ft Est. Value

Last Sold July 19, 2017

Last sale price $290,000 $99 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,934/month

43 Days on Market

Highlights

  • Water Views
  • Impact Glass
  • Central Heating and Cooling System
  • Deck
  • Ceramic Tile Flooring
  • Fenced

About This Home

As of July 2017

CBS renovated triplex located East of I-95 and close to downtown West Palm Beach. Impact glass throughout, tile flooring, granite counters in kitchen. Property has central air conditioning, aluminum railings and led lighting. Property is fenced. Upstairs unit is a large 2 bedroom plus den/ 1 bath, with a large patio, and downstairs has two units of 2 bedroom, 1 bathroom. Excellent rental income potential and property is ready for new tenants.

Last Listed By

Jeremy Olsher

Compass Florida LLC License #3184613 Listed on: 05/06/2017

Compass Florida LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,802

Year Built

  • Built in 1954

Lot Details

  • 3,833

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,916 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Water Views
  • Impact Glass

Additional Features

  • Deck
  • Fenced
  • Central Heating and Cooling System

Community Details

  • 3 Units
  • Lake Ave Add To Wpb In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434316040480060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,802

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Palm Beach Lakes Blvd East past N Australian Ave. South on Carver Ave, East on 8th Street.North of Okeechobee Blvd, South of Palm Beach Lakes Blvd, East of I-95.
  • Year Built: 1954
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2916.0
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Deck, Fence
  • View: Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434316040480060
  • Zoning Description: SF14
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2802.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2017
Closed on
Jul 19, 2017
Sold by
Aa Baranes Llc
Bought by
Isma Michael Bernard
Seller's Agent
Jeremy Olsher
Compass Florida LLC
Buyer's Agent
ANTHONY GUADALUPE
Non Member Listing Office
List Price
$289,000
Sold Price
$290,000
Premium/Discount to List
$1,000
0.35%
Total Days on Market
43
Current Estimated Value
$612,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,304
Avg. Annual Appreciation
11.70%
Original Mortgage
$284,747
Outstanding Balance
$239,686
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$445,370

Purchase Details

Listed on
Apr 13, 2015
Closed on
Feb 22, 2016
Sold by
Fannie Mae
Bought by
Aa Baranes Llc
Seller's Agent
Rodney Forbes
Forbes Realty of South Florida
Buyer's Agent
Debbi Casa
All Free Realty
List Price
$134,900
Sold Price
$135,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.99%

Purchase Details

Closed on
Feb 12, 2015
Sold by
Embassy Lakes Management Trust
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 19, 2013
Sold by
Hickenbottom Donna
Bought by
8Th Street 1101 & 05 Estate Trust and Embassy Lakes Management Trust

Purchase Details

Closed on
Apr 18, 1997
Sold by
Hickenbottom Donna and Lanitis George Lanitis
Bought by
Hickenbotton Donna

Purchase Details

Closed on
Sep 4, 1996
Sold by
Fleet Finance And Mortgage
Bought by
Lanitis George and Hickenbottom Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
8.17%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 29, 1996
Sold by
Clerk Of The Circuit Court
Bought by
Fleet Finance And Mortgage

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
Isma Michael Bernard $290,000 Trident Title
Aa Baranes Llc $135,000 Attorney
Federal National Mortgage Association -- None Available
8Th Street 1101 & 05 Estate Trust -- None Available
Hickenbotton Donna $100 --
Lanitis George $22,000 --
Fleet Finance And Mortgage $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Isma Michael B $66,747
Open Isma Michael Bernard $284,747
Previous Owner Hickenbottom Donna Mae $33,209
Previous Owner Hickenbottom Donna $73,500
Previous Owner Fleet Finance And Mortgage $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2017 07/19/17 Sold $290,000 +0.3% $99 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
05/06/2017 05/06/17 For Sale $289,000 +114.1% $99 / Sq Ft
02/22/2016 02/22/16 Sold $135,000 +0.1% $46 / Sq Ft
01/23/2016 01/23/16 Pending -- -- --
04/13/2015 04/13/15 For Sale $134,900 -- $46 / 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 $6,205 $289,229 -- --
2023 $6,033 $266,331 $0 $0
2022 $5,620 $245,416 $0 $0
2021 $5,307 $276,581 $0 $0
2020 $4,935 $251,569 $0 $0
2019 $4,441 $193,950 $14,950 $179,000
2018 $5,112 $246,538 $13,283 $233,255
2017 $3,258 $130,475 $12,075 $118,400
2016 $2,802 $107,513 $0 $0
2015 $3,105 $112,245 $0 $0
2014 $2,775 $102,041 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10332076

BeachesMLS

APN: 74-43-43-16-04-048-0060