NOT LISTED FOR SALE

Estimated Value: $682,925 - $1,040,000

6 Beds
4 Baths
3,119 Sq Ft
$260/Sq Ft Est. Value

Last Sold June 07, 2013

Last sale price $155,000 $50 Per Sq Ft

Est. 422% increase in value since last sale

Current estimated payment $5,202/month

48 Days on Market

Highlights

  • Water Views
  • Patio
  • Central Heating and Cooling System
  • Corner Lot
  • Ceramic Tile Flooring

About This Home

As of June 2013

The perfect, CBS construction quadplex. The construction and just-the-right-size lot size keeps the maintenance expenses low. The corner lot is perfect because you have 2 City streets for extra parking (and that is in addition to the 2 covered carport spaces and the 4 parking spaces on the W side of the structure. This property will need some TLC and possibly some kitchen/bath upgrades, but all units have tile floors throughout and are a good size. All 4 units are 2 bedroom, 1 bath which are quick, great rental units for the market. If run diligently, this property will always be a great money maker in your portfolio.

Last Agent to Sell the Property

Eva Pustelnikova

Inactive Member License #3017899 Listed on: 03/20/2013

Last Buyer's Agent

Eva Pustelnikova

Inactive Member License #3017899 Listed on: 03/20/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,797

Year Built

  • Built in 1973

Lot Details

  • 6,752

Home Design

  • Fixer Upper
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,119 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Water Views

Additional Features

  • Patio
  • Corner Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Lake Worth Town Subdivision

Listing and Financial Details

  • Rent includes electricity, cable TV
  • Assessor Parcel Number 38434421152480010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,797

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Take 10th Ave N east of I-95/ S on G St./ property on NE corner of G & 8th
  • Year Built: 1973
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3119.0

Exterior Features

  • Exterior Features: Patio
  • View: Other, Water
  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Fixer
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No

Lot Info

  • Parcel #: 38434421152480010
  • Zoning Description: Mf20

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 3797.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2013
Closed on
Apr 12, 2013
Sold by
Wells Fargo Bank Na
Bought by
Socorro Francisco
Seller's Agent
Eva Pustelnikova
Inactive Member
Buyer's Agent
Eva Pustelnikova
Inactive Member
List Price
$140,080
Sold Price
$155,000
Premium/Discount to List
$14,920
10.65%
Current Estimated Value
$809,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$654,642
Avg. Annual Appreciation
14.31%
Original Mortgage
$120,000
Interest Rate
3.59%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 31, 2013
Sold by
Leger Michael C and Kaminsky Sherri L
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 3, 2005
Sold by
Giacaman Rami and Giacaman Diana
Bought by
Leger Michael C and Kaminsky Sherri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2001
Sold by
Benjamin Francois and Dorzilme Alfredo
Bought by
Giacaman Rami and Giacaman Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1999
Sold by
Price Margaret B
Bought by
Dorzilme Alfredo and Benjamin Francois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.76%
Mortgage Type
Credit Line Revolving
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
Socorro Francisco $155,000 Fidelity Natl Title Fl Inc
Wells Fargo Bank Na $133,100 None Available
Leger Michael C $370,000 Friendship Title Company
Giacaman Rami $170,000 Atlantis Title Company
Dorzilme Alfredo $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Socorro Francisco $120,000
Previous Owner Leger Michael C $296,000
Previous Owner Giacaman Rami $136,000
Previous Owner Dorzilme Alfredo $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2013 06/07/13 Sold $155,000 +10.7% $50 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
03/20/2013 03/20/13 For Sale $140,080 -- $45 / 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 $10,920 $366,422 -- --
2023 $10,365 $333,111 $0 $0
2022 $9,282 $302,828 $0 $0
2021 $8,739 $365,821 $135,200 $230,621
2020 $7,985 $309,497 $119,600 $189,897
2019 $7,582 $302,095 $109,200 $192,895
2018 $6,934 $282,314 $103,292 $179,022
2017 $6,266 $222,692 $73,780 $148,912
2016 $5,718 $170,938 $0 $0
2015 $5,324 $155,398 $0 $0
2014 $5,672 $168,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3353715

BeachesMLS

APN: 38-43-44-21-15-248-0010