NOT LISTED FOR SALE

8714 Satalite Terrace West Palm Beach, FL 33403

Estimated Value: $314,000 - $602,000

3 Beds
2 Baths
2,288 Sq Ft
$201/Sq Ft Est. Value

Last Sold January 13, 2025

Last sale price $610,000 $267 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $2,894/month

111 Days on Market

Highlights

  • Garden View
  • Patio
  • Tile Flooring
  • Cul-De-Sac
  • Shed
  • Central Heating and Cooling System

About This Home

As of January 2025

This beautifully maintained duplex is now available for sale, offering an exceptional opportunity for both homeowners and investors alike. Each unit features 2 spacious bedrooms, 2 full bathrooms, and a separate laundry room, all designed for comfortable living. The property boasts a fenced-in backyard, perfect for privacy, and a very large driveway that provides ample parking space. One of the key highlights is the absence of an HOA, meaning no restrictive rules or additional fees. Plus, with no rental restrictions, this property is a dream for investors. Currently, both units are already rented with long-term tenants, generating steady income. This duplex is in super clean, move-in ready condition, giving you the option to live in one side while renting out the other,

Last Listed By

William Harris

Keller Williams Dedicated Prof License #3150646 Listed on: 09/24/2024

Keller Williams Dedicated Prof

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,761

Year Built

  • Built in 1981

Lot Details

  • 4,238 Sq Ft Lot
  • Cul-De-Sac
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,288 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring
  • Garden Views

Outdoor Features

  • Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Parkway Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00434219040000432

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,761

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1981
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2288.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence, Patio, Shed
  • View: Garden
  • Lot Features: Cul-De-Sac, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent, Pet on Property
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, 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 #: 00434219040000432
  • Lot Size: < 1/4 Acre,Cul-De-Sac
  • Lot Size Sq Ft: 4238.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3761.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2024
Closed on
Nov 20, 2024
Sold by
Harris William S and Harris Lina Ramirez
Bought by
Vu Thi My Loan and Tran Duc Minh
Seller's Agent
William Harris
Keller Williams Dedicated Prof
List Price
$650,000
Sold Price
$610,000
Premium/Discount to List
-$40,000
-6.15%
Total Days on Market
111
Views
42
Current Estimated Value
$459,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$150,295
Avg. Annual Appreciation
135.14%
Original Mortgage
$256,000
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2017
Sold by
Staehle Charles M and Staehle Ruth S
Bought by
Harris William S and Harris Lina Ramirez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2016
Sold by
Staehle Charles M
Bought by
Staehle Charles M

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
Vu Thi My Loan $320,000 Nu World Title
Harris William S $92,500 Lighthouse Title Svcs
Staehle Charles M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vu Thi My Loan $256,000
Previous Owner Harris William S $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 Sold $610,000 +90.6% $267 / Sq Ft
11/15/2024 11/15/24 Sold $320,000 -47.5% $286 / Sq Ft
10/18/2024 10/18/24 Off Market $610,000 -- --
10/14/2024 10/14/24 Pending -- -- --
09/26/2024 09/26/24 Price Changed $649,900 0.0% $284 / Sq Ft
09/24/2024 09/24/24 For Sale $650,000 +100.0% $284 / Sq Ft
09/24/2024 09/24/24 For Sale $325,000 -- $290 / 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 $3,938 $199,650 -- --
2023 $3,761 $181,500 $0 $0
2022 $3,305 $165,000 $0 $0
2021 $2,953 $150,000 $0 $150,000
2020 $2,896 $150,000 $0 $150,000
2019 $2,650 $130,000 $0 $130,000
2018 $2,442 $124,000 $0 $124,000
2017 $2,038 $108,000 $0 $0
2016 $1,863 $88,000 $0 $0
2015 $1,753 $80,000 $0 $0
2014 $1,664 $73,205 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS

MLS Number: R11023563

BeachesMLS

APN: 00-43-42-19-04-000-0432