NOT LISTED FOR SALE

Estimated Value: $446,819 - $592,000

4 Beds
2 Baths
1,568 Sq Ft
$327/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $208,000 $133 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $3,438/month

22 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Attic Fan

About This Home

As of August 2017

Income producing property, centrally located in the heart of Lake Worth, just a few blocks from famed Lake Ave and the Beach, very motivate sellers, Low maintenance property, please do not disturb tenants

Last Agent to Sell the Property

Luis Galindez

Weichert Realtors Capella Estates License #3095033 Listed on: 06/28/2017

Weichert Realtors  Capella Estates

Co-Listed By

Jaime Delgado

Weichert Realtors Capella Estates License #3278782

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,467

Year Built

  • Built in 1958

Lot Details

  • 6,752

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Parquet Flooring
  • Attic Fan

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Lake Worth Town Of Condos
  • Lake Worth Town Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434421153140090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,467

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Co List Office Mls Id: BBRE01
  • Co List Office Phone: 305-866-0777
  • Directions: Corner of 8th Street and 11th Ave
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: LAKE WORTH TOWN OF
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Parquet
  • Living Area: 1568
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKE WORTH TOWN OF

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Attic Fan, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 38434421153140090
  • Zoning: res
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3467

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2017
Closed on
Aug 25, 2017
Sold by
Caribbean All Real Estate Corporation
Bought by
Akhand Mohammad
Seller's Agent
Luis Galindez
Weichert Realtors Capella Estates
List Price
$214,900
Sold Price
$208,000
Premium/Discount to List
-$6,900
-3.21%
Current Estimated Value
$512,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,273
Avg. Annual Appreciation
12.73%
Original Mortgage
$156,000
Outstanding Balance
$132,191
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$403,799

Purchase Details

Closed on
Aug 31, 2015
Sold by
Stewart Angela A and Stewart Wayne C
Bought by
Caribbean All Real Estate Corporation

Purchase Details

Closed on
Sep 23, 2003
Sold by
Marcelo Carlos J and Rivera Marcelo Ana Nereida
Bought by
Stewart Wayne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 1993
Sold by
Daigle Real and Daigle Rheal
Bought by
Marcelo Carlos J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,405
Interest Rate
7.05%
Mortgage Type
FHA
Source: Public Records

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
Akhand Mohammad $208,000 Attorney
Caribbean All Real Estate Corporation $105,000 Southeast Title Agency Llc
Stewart Wayne C $160,000 Fidelity National Title Insu
Marcelo Carlos J $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akhand Mohammad $156,000
Previous Owner Caribbean All Real Estate Corporation --
Previous Owner Stewart Wayne C $192,000
Previous Owner Stewart Wayne C $144,000
Previous Owner Marcelo Carlos J $65,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2017 08/25/17 Sold $208,000 -3.2% $133 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $214,900 -- $137 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $7,307 $285,358 -- --
2023 $7,103 $273,218 $0 $0
2022 $6,556 $248,380 $0 $0
2021 $6,142 $228,997 $80,000 $148,997
2020 $5,707 $210,045 $88,000 $122,045
2019 $5,366 $202,051 $80,000 $122,051
2018 $4,759 $169,647 $76,050 $93,597
2017 $3,661 $121,879 $58,500 $63,379
2016 $3,467 $114,949 $0 $0
2015 $2,420 $59,594 $0 $0
2014 $2,249 $54,176 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10301570

MIAMI REALTORS® MLS

APN: 38-43-44-21-15-314-0090