3113 31st Way West Palm Beach, FL 33407

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2 beds · 2 baths · 1,236 sq ft · Lot Size: 1,345 sq ft · Single Family Home
Est. Property Value: $315,558

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3113 31st Way is in the 33407 neighborhood of West Palm Beach, FL. It is located in Palm Beach County and ZIP code 33407. This Single Family Home was built in 1984 and is approximately 41 years old. The single family home spans 1236 sq ft with 2 bedrooms and 2 bathrooms and sits on a 1345 sq ft lot. According to public records, it was last sold in 2022 for $260,000 and has a tax-assessed value of $225,609, which is $255 per sq ft. The 33407 area of West Palm Beach has 1 residential homes with an average size of 1236 sq ft. Analyze and compare real estate investment strategies for properties like this home at 3113 31st Way West Palm Beach, FL 33407 with Property Intel by Whitepages.

Owners & Occupancy for 3113 31st Way

This property is owned by Bradly K Bartlett. Owner contact information includes 4 phone numbers and 5 email addresses.

Property Owners

Cell Phone(954) ***-****View Cell Phone
Residence*******************
Landline(954) 462-6753
Distance from Property**********
Email Address***************@aol.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 84
Resident 2***************** age 37
Resident 3**************

Property Financials for 3113 31st Way

3113 31st Way, West Palm Beach, FL has a mortgage from Rocket Mtg Llc (orig. March 23, 2022). The Palm Beach county assessment for 2023 values it at $225,609, with annual taxes of $5,082.

Mortgage & Equity Information

Loan Amount$******
LenderRocket Mtg Llc
Origination DateMarch 23, 2022
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity

Property Tax

Purchase DateMarch 23, 2022
Property Tax Amount$5,082 in 2023
Purchase Price$260,000
Assessed Value$225,609 on 2023

Investment Potential for 3113 31st Way

The property has a current estimated value of $315,558, which is 1% above the zip median, based on public records. It last sold on March 23, 2022 for $260K. Projected long-term
is $28,200 annually ($2,350 per month) with a 84% occupancy rate.

Discover more Single Family Homes in 33407.

Long-Term

Gross Rental
$28,200 per year($2,350 per month)
Net Operating Income
Cap Rate
Occupancy Rate
84%in 33407 zip code
 
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Property Details for 3113 31st Way

Property Details

Property Sq Ft

Living Area

1,236 sq ft

0% above market

Lot Size

1,345 sq ft

0% above market

Price Per Sq Ft

Living Area

$255 / sq ft

1% below market

Lot Size Area

$235 / sq ft

8% above market

Property condition, age, exterior, etc. for 3113 31st …
Longitude: -80.101757 Latitude: 26.752971 Parcel Number (APN): 74-42-43-01-08-000-1144…

Recommended Properties in 33407

Discover more single family homes near 3113 31st Way in West Palm Beach, Florida. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 3113 31st Way in Palm Beach County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$315,558
$263,469
$52,088 (20%)
$364,322
$304,105 (83%)
YoY Price Change
2.29%
-667%
Year Built
1984
1979
5 years
Living Space
1,236 sq ft
1,178 sq ft
58 (5%)
$ Per Living Sq Ft
$255
$214
$41 (19%)
Lot Size
1,345 sq ft
7,318 sq ft
-5973 (-82%)
$ Per Lot Sq Ft
$235
$38
$197 (522%)

Net Operating Income
$19,472
-$2,427 (-12%)
Annual Revenue
$28,200
$28,200
$0 (0%)
$7,847
$3,308 (42%)
Net Operating Income
$19,472
-$2,427 (-12%)
Cap Rate
7.19%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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