4158 Faith St West Palm Beach, FL 33406
Pine Air NeighborhoodEstimated payment $4,108/month
Highlights
- Screened Porch
- Tile Flooring
- Fenced
- Cooling System Mounted To A Wall/Window
- Ceiling Fan
- Wall Furnace
About This Home
Great investor opportunity! Own this multi family home and start collecting income right after closing. 3 bedrooms, 1 bath house in front and 2 additional Efficiencies, plus 2 RV's mobile homes parked in the property, that includes in the purchase price. There is a connection ready and an empty space to park another RV. Total monthly income $10,300 No HOABring your clients to see the potential of this property, plenty area for parking and a large, empty lot adjacent to the house for future development.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,093
Year Built
- Built in 1955
Lot Details
- 0.32 Acre Lot
- Fenced
Home Design
- Duplex
- Flat Roof Shape
- Frame Construction
- Tile Roof
Interior Spaces
- 1,091 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Screened Porch
- Tile Flooring
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00424412120000350
Community Details
Overview
- 2 Units
- Pine Air 3 Subdivision
Building Details
- Operating Expense $13,400
- Net Operating Income $110,200
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,093 | $210,856 | -- | -- |
| 2023 | $3,853 | $191,687 | $146,300 | $74,294 |
| 2022 | $3,843 | $174,261 | $0 | $0 |
| 2021 | $3,291 | $167,130 | $115,151 | $51,979 |
| 2020 | $2,992 | $144,017 | $78,000 | $66,017 |
| 2019 | $2,806 | $131,678 | $72,000 | $59,678 |
| 2018 | $2,573 | $124,485 | $62,690 | $61,795 |
| 2017 | $2,365 | $112,846 | $52,241 | $60,605 |
| 2016 | $641 | $39,140 | $0 | $0 |
| 2015 | $641 | $38,868 | $0 | $0 |
| 2014 | $641 | $38,560 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | Price Changed | $675,000 | -2.9% | $619 / Sq Ft |
| 03/25/2025 03/25/25 | For Sale | $695,000 | +90.4% | $637 / Sq Ft |
| 07/26/2024 07/26/24 | Sold | $365,000 | -4.7% | $335 / Sq Ft |
| 06/27/2024 06/27/24 | Pending | -- | -- | -- |
| 06/22/2024 06/22/24 | For Sale | $383,000 | -- | $351 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $365,000 | None Listed On Document | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $96,500 | Universal Land Title Inc | |
| Warranty Deed | $33,000 | -- | |
| Quit Claim Deed | $50,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $346,750 | New Conventional | |
| Previous Owner | $180,000 | Negative Amortization | |
| Previous Owner | $43,000 | Credit Line Revolving | |
| Previous Owner | $23,000 | Credit Line Revolving | |
| Previous Owner | $93,605 | Purchase Money Mortgage | |
| Previous Owner | $56,000 | New Conventional | |
| Previous Owner | $30,000 | No Value Available |
Source: BeachesMLS
MLS Number: R11075124
APN: 00-42-44-12-12-000-0350
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