NOT LISTED FOR SALE

Estimated Value: $405,000 - $1,041,233

8 Beds
4 Baths
2,632 Sq Ft
$290/Sq Ft Est. Value

Last Sold October 10, 2012

Last sale price $163,000 $62 Per Sq Ft

Est. 369% increase in value since last sale

Current estimated payment $5,149/month

37 Days on Market

Highlights

  • Interior Lot
  • Ceramic Tile Flooring
  • No Heating
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2012

This Fannie Mae property is approved for both HomePath Mortgage Financing and HomePath Renovation Mortgage Financing to a qualified owner occupant. Purchase this property for as little as 3% down! Oh My! Oh, My! This one won't last...what a great investment! Each unit is a cozy 1/1, all tiled, with nicely outlined dining areas & good sized galley kitchens that feature an unusual amount of storage in very nice cabinets and lots of counter space. This tidy 4-plex is so close to eclectic Downtown Lake Worth with it's distinctive shopping and wide range of eateries, not to mention the 'Arts'! Also, Bryant Park on the Intracoastal Waterway offers the Bandshell for music & events, a fishing pier & boat ramps, Bocce court & playground and so much more! You k... (see supplement for full remar

Last Agent to Sell the Property

kathy gross

Nautica Realty License #423905 Listed on: 08/03/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,387

Year Built

  • Built in 1969

Lot Details

  • Interior Lot

Home Design

  • Tar and Gravel Roof

Interior Spaces

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cable TV Available

Community Details

  • 4 Units
  • Lake Worth Town Subdivision

Listing and Financial Details

  • Rent includes electricity
  • Assessor Parcel Number 38434427010360060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,387

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: South of 6th Ave - 2 blks N of 12th Ave South, 2 blks E of S. Dixie Hwy
  • Year Built: 1969
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2632.0

Exterior Features

  • Lot Features: Interior Lot, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Electricity
  • Senior Community: No

Lot Info

  • Parcel #: 38434427010360060
  • Zoning Description: MULTI

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 3387.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2015
Sold by
Palmaseca Holdings Inc
Bought by
Magic Line Holdings Llc
Current Estimated Value
$764,558

Purchase Details

Closed on
Jan 23, 2015
Sold by
Tif Sofl R Llc
Bought by
Palmaseca Holding Inc

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

Listed on
Aug 3, 2012
Closed on
Oct 3, 2012
Sold by
Federal National Mortgage Association
Bought by
Tif Sofl Ii R Llc
Seller's Agent
kathy gross
Nautica Realty
List Price
$169,900
Sold Price
$163,000
Premium/Discount to List
-$6,900
-4.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%

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 Buyer Sale Price Title Company
Magic Line Holdings Llc $350,000 Attorney
Palmaseca Holding Inc $155,000 Build Us Back Title
Tif Fk B Hfs Llc -- Build Us Back Title Llc
Tif Sofl Ii R Llc $163,000 New House Title Llc
Federal National Mortgage Association $60,400 None Available
Scoz Volnei C $120,000 --
Trabelsi Abdelkader $93,000 --
Palenchar Martha -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tif Fk B Hfs Llc $64,000,000
Previous Owner Scoz Volnei C $277,500
Previous Owner Trabelsi Abdelkader $99,411
Previous Owner Trabelsi Abdelkader $74,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2012 10/10/12 Sold $163,000 -4.1% $62 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
08/03/2012 08/03/12 For Sale $169,900 -- $65 / 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 $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: BeachesMLS

MLS Number: R3300541

BeachesMLS

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