4225 Happiness St West Palm Beach, FL 33406
Pine Air NeighborhoodHighlights
- 17,999 Sq Ft lot
- Central Heating and Cooling System
- Fenced
- Ceramic Tile Flooring
About This Home
As of April 20254 Units in total each one consists of 2 bedrooms and 1 bath in two buildings side by side on a corner lot. Each building faces a different direction for tenant privacy. One of the best values in the area to generate a nice passive income in the rapidly expanding West Palm Beach market. Market rents are $2,000 All units have separate water and electric meters keeping Owner's expenses down. This place is ready for you to make it your own.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,911
Year Built
- Built in 1972
Lot Details
- 0.41 Acre Lot
- Fenced
Home Design
- Shingle Roof
- Composition Roof
Interior Spaces
- 3,120 Sq Ft Home
- 1-Story Property
- Ceramic Tile Flooring
Utilities
- Central Heating and Cooling System
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00424412110000010
Community Details
Overview
- 4 Units
- Pine Air 2 Subdivision
Building Details
- Operating Expense $9,911
- Net Operating Income $64,989
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | Sold | $890,000 | -10.6% | $285 / Sq Ft |
| 04/12/2025 04/12/25 | Pending | -- | -- | -- |
| 03/14/2025 03/14/25 | For Sale | $995,000 | +168.9% | $319 / Sq Ft |
| 07/26/2017 07/26/17 | Sold | $370,000 | +1.4% | $119 / Sq Ft |
| 06/26/2017 06/26/17 | Pending | -- | -- | -- |
| 06/14/2017 06/14/17 | For Sale | $365,000 | -- | $117 / Sq Ft |
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 | $9,911 | $507,161 | -- | -- |
| 2023 | $8,582 | $397,642 | $213,426 | $256,620 |
| 2022 | $8,017 | $361,493 | $0 | $0 |
| 2021 | $7,149 | $328,630 | $143,992 | $184,638 |
| 2020 | $8,023 | $379,480 | $156,000 | $223,480 |
| 2019 | $7,484 | $341,694 | $144,000 | $197,694 |
| 2018 | $6,653 | $312,138 | $121,622 | $190,516 |
| 2017 | $4,829 | $256,301 | $101,351 | $154,950 |
| 2016 | $4,476 | $167,224 | $0 | $0 |
| 2015 | $4,093 | $152,022 | $0 | $0 |
| 2014 | $3,886 | $138,202 | $0 | $0 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $222,000 | Adjustable Rate Mortgage/ARM |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | First International Title | |
| Quit Claim Deed | -- | First International Title | |
| Warranty Deed | $370,000 | First International Title In | |
| Quit Claim Deed | -- | First International Title | |
| Quit Claim Deed | -- | First International Title In | |
| Quit Claim Deed | -- | First Iternationaltitle | |
| Deed | -- | -- | |
| Quit Claim Deed | -- | None Available | |
| Deed | $56,800 | -- |
Source: BeachesMLS
MLS Number: R11071233
APN: 00-42-44-12-11-000-0010
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