NOT LISTED FOR SALE

Estimated Value: $712,000 - $955,000

8 Beds
4 Baths
2,525 Sq Ft
$324/Sq Ft Est. Value

Last Sold November 14, 2012

Last sale price $101,500 $40 Per Sq Ft

Est. 705% increase in value since last sale

Current estimated payment $5,218/month

131 Days on Market

About This Home

As of November 2012

Highest and Best due 8/31/12, by 5pm. Please use form in MLS attachments.Four plex, all units are 2/1. Bank owned. Cash only. There are no kitchens, rehab needed in each unit. Perfect for investor. This property is eligible under the Freddie Mac First Look Initative through 6.19.12. Investors may submit offers at anytime however investor offers will not be considered for negotation until after the 15 day time period. Buyers must wire escrow per attached wiring instructions. No certified checks will be accepted over 5k. Seller does not warrant condition of property nor information contained in MLS. There are current code violations on property which listing agent is attempting to resolve, however Buyer should be prepared to sign Hold Harmless release. C... (see supplement for full remarks)

Last Agent to Sell the Property

Amy Losquadro

Quantum Realty Advisors License #629682 Listed on: 06/05/2012

Last Buyer's Agent

Peter Troche

Rent or Own Palm Beach County Realty License #665198

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 6,752

Home Design

  • Metal Roof

Interior Spaces

  • 2,525 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • No Cooling
  • No Heating
  • Water Not Available

Community Details

  • 4 Units
  • Lake Worth Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434421153180130

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Exit 95 at 10th Ave N, go east on 10th to F St, left on F St to property.
  • Year Built: 1967
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2525.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Roof: Metal

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None, Other
  • Heating Yn: No
  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Parcel #: 38434421153180130
  • Zoning Description: Sf7

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 3657.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2018
Sold by
Caribbean All Real Estate Corp
Bought by
North F Street Apartments Llc
Current Estimated Value
$817,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,510
Outstanding Balance
$532,701
Interest Rate
4.45%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$211,299

Purchase Details

Listed on
Jun 5, 2012
Closed on
Nov 13, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Caribbean All Real Estate Corporation
Seller's Agent
Amy Losquadro
Quantum Realty Advisors
Buyer's Agent
Peter Troche
Rent or Own Palm Beach County Realty
List Price
$112,000
Sold Price
$101,500
Premium/Discount to List
-$10,500
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.84%

Purchase Details

Closed on
Jun 19, 2012
Sold by
Wells Fargo Bank Na and Db Americas Servicing Company
Bought by
Federal Home Loan Mortgag Corporation

Purchase Details

Closed on
Jun 4, 2012
Sold by
Lemin Schade Deborah V and Schade Walter A
Bought by
Wells Fargo Bank Na and Americas Servicing Company

Purchase Details

Closed on
Aug 28, 1996
Sold by
Lemin Martha D
Bought by
Schade Walter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8.2%
Mortgage Type
New Conventional
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
North F Street Apartments Llc $870,000 Attorney
Caribbean All Real Estate Corporation $101,500 Attorney
Federal Home Loan Mortgag Corporation -- New House Title Llc
Wells Fargo Bank Na $50,100 Attorney
Schade Walter A $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North F Street Apartments Llc $611,510
Previous Owner Schade Walter A $180,000
Previous Owner Schade Walter A $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2012 11/14/12 Sold $101,500 -9.4% $40 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $112,000 -- $44 / 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 $9,303 $330,689 -- --
2023 $9,238 $333,735 $0 $0
2022 $8,573 $303,395 $0 $0
2021 $9,831 $348,581 $160,000 $188,581
2020 $9,486 $331,602 $176,000 $155,602
2019 $9,141 $315,602 $160,000 $155,602
2018 $5,189 $292,923 $152,100 $140,823
2017 $4,623 $219,417 $117,000 $102,417
2016 $4,415 $81,025 $0 $0
2015 $3,973 $73,659 $0 $0
2014 $3,689 $66,963 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3286699

BeachesMLS

APN: 38-43-44-21-15-318-0130