$155,000
SOLD JAN 23, 2015
-- Bed
-- Bath
2,632 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$59 Per Sq Ft

42 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Interior Lot
  • Tile Flooring
  • 1-Story Property

About This Home

As of November 2015

Corporate owned. Great investment opportunity. Each unit has a 1 bedroom / 1 bath. Tile throughout, Spacious living and dinning area. Full size kitchen with lots of storage space in cabinets and lots of counter space. Near Downtown Lake Worth. Wont last! Do not miss out!

Last Agent to Sell the Property

Roberto Martinez

Direct Realty Solutions License #0703420 Listed on: 11/19/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • Interior Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,632 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • No Home Owners Association
  • 4 Units
  • Lake Worth Town Condos
  • Lake Worth Town Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 38434427010360060

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1969
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Directions: South of 6th Ave - 2 blks N of 12th Ave South, 2 blks E of S. Dixie Hwy
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Fourplex
  • Subdivision Name: Lake Worth Town
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2632
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: Lake Worth Town
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 38434427010360060
  • Zoning: MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4406

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2015
Closed on
Nov 13, 2015
Sold by
Palmaseca Holdings Inc
Bought by
Magic Line Holdings Llc
Seller's Agent
Anamaria Prada
Scuttina Signature Real Estate Group, LLC
Buyer's Agent
Luiz Machado
Landmark Investments & Real Estate
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%
Current Estimated Value
$798,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,285
Avg. Annual Appreciation
7.94%

Purchase Details

Listed on
Nov 19, 2014
Closed on
Jan 23, 2015
Sold by
Tif Sofl R Llc
Bought by
Palmaseca Holding Inc
Seller's Agent
Roberto Martinez
Direct Realty Solutions
List Price
$154,900
Sold Price
$155,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
183.02%

Purchase Details

Closed on
Nov 11, 2014
Sold by
Tif Sofl Ii R Llc
Bought by
Tif Fk B Hfs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000,000
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 3, 2012
Sold by
Federal National Mortgage Association
Bought by
Tif Sofl Ii R Llc

Purchase Details

Closed on
Jun 4, 2012
Sold by
Scoz Volnei S and Scoz Renee M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 20, 1999
Sold by
Trabelssi Abdelkader
Bought by
Scoz Volnei C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,411
Interest Rate
7.91%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 8, 1998
Sold by
Palenchar Steve J and Balcer Zita Balcer
Bought by
Trabelsi Abdelkader

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 1993
Sold by
Palenchar Martha
Bought by
Palenchar Martha
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 Type Sale Price Title Company
Warranty Deed $350,000 Attorney
Special Warranty Deed $155,000 Build Us Back Title
Special Warranty Deed -- Build Us Back Title Llc
Special Warranty Deed $163,000 New House Title Llc
Trustee Deed $60,400 None Available
Warranty Deed $120,000 --
Warranty Deed $93,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $64,000,000 Unknown
Previous Owner $277,500 Negative Amortization
Previous Owner $99,411 Credit Line Revolving
Previous Owner $74,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2015 11/13/15 Sold $360,000 +2.9% $137 / Sq Ft
11/04/2015 11/04/15 For Sale $350,000 +125.8% $133 / Sq Ft
01/23/2015 01/23/15 Sold $155,000 +0.1% $59 / Sq Ft
12/31/2014 12/31/14 Pending -- -- --
11/19/2014 11/19/14 For Sale $154,900 -- $59 / 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 $12,182 $417,909 -- --
2023 $11,517 $379,917 $0 $0
2022 $9,714 $345,379 $0 $0
2021 $9,450 $376,200 $132,000 $244,200
2020 $8,846 $349,307 $132,000 $217,307
2019 $8,388 $340,507 $123,200 $217,307
2018 $7,114 $235,899 $89,790 $146,109
2017 $6,643 $214,453 $81,627 $132,826
2016 $6,492 $210,566 $0 $0
2015 $5,106 $138,628 $0 $0
2014 $4,702 $126,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2036285

MIAMI REALTORS® MLS

APN: 38-43-44-27-01-036-0060