NOT LISTED FOR SALE

Estimated Value: $584,105 - $678,000

8 Beds
4 Baths
2,976 Sq Ft
$218/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $412,000 $138 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,188/month

578 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • 1 Car Garage
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • Wall Furnace

About This Home

As of January 2021

Great Location with-in walking distance of Downtown/Beaches/Parks. Excellent neighborhood with many single family homes. 4 plex has all 2/1 and a detached 21 x 16 storage shed with electric. Owner currently has extra appliances that will transfer. Upgraded kitchens and baths in all units. All electric has been upgraded with many plumbing upgrades. Rear stairwell and rear doors have just been replaced. All of the tenants are on a Month to Month and have been paying $800/month. With the new renovations all tenants have been notified of a rent increase to $950/month

Last Agent to Sell the Property

Jason Uhley

Tiffany Realty of the Palm Bch License #617354 Listed on: 05/10/2019

Last Buyer's Agent

Raisa Rahman

Sobhan Real Estate LLC License #3472984

Sobhan Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,465

Year Built

  • Built in 1937

Lot Details

  • 6,755

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,976 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Additional Features

  • Shed
  • 6,755 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 38434421150650060

Community Details

Overview

  • 4 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Net Operating Income $31,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,465

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Directions: 6th Ave east of I-95, take 2nd Left on B St. Property on Right.
  • Year Built: 1937
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Living Area: 2976.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Shed
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Frame
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434421150650060
  • Lot Size Sq Ft: 6755.0
  • Zoning Description: SF-7(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 31800.0
  • Number Of Units Total: 4

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5465.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Jan 8, 2021
Sold by
Miller John L
Bought by
Ahmed Kamal
Seller's Agent
Jason Uhley
Tiffany Realty of the Palm Bch
Buyer's Agent
Raisa Rahman
Sobhan Real Estate LLC
List Price
$550,000
Sold Price
$412,000
Premium/Discount to List
-$138,000
-25.09%
Current Estimated Value
$756,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,050
Avg. Annual Appreciation
12.28%
Original Mortgage
$309,000
Outstanding Balance
$278,878
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$421,513

Purchase Details

Closed on
Jan 15, 2009
Sold by
Aurora Loan Services Llc
Bought by
Miller John L

Purchase Details

Closed on
Aug 21, 2008
Sold by
Tackoordeen Rawle
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jun 29, 2004
Sold by
Khan Shaid
Bought by
Tackoordeen Rawle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2003
Sold by
Nocera Vincent and Nocera Geraldine
Bought by
Khan Shaid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,950
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2001
Sold by
Turowski Andrazej and Turowski Andrzej
Bought by
Nocera Vincent and Nocera Geraldine C

Purchase Details

Closed on
Oct 1, 1998
Sold by
Scully Kevin
Bought by
Turowski Andrezej

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,607
Interest Rate
6.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Ahmed Kamal $412,000 Attorney
Miller John L $85,000 Consumer Title & Escrow Serv
Aurora Loan Services Llc -- None Available
Tackoordeen Rawle $345,000 Flagler Title Company
Khan Shaid $187,000 --
Nocera Vincent $118,000 --
Turowski Andrezej $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Kamal $309,000
Previous Owner Tackoordeen Rawle $20,100
Previous Owner Tackoordeen Rawle $345,000
Previous Owner Tackoordeen Rawle $45,000
Previous Owner Tackoorden Rawle $20,100
Previous Owner Tackoordeen Rawle $261,800
Previous Owner Tackoordeen Rawle $74,800
Previous Owner Tackoordeen Rawle $310,500
Previous Owner Khan Shaid $158,950
Previous Owner Turowski Andrezej $58,607
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $412,000 -25.1% $138 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
05/10/2019 05/10/19 For Sale $550,000 -- $185 / 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 $12,577 $478,643 -- --
2023 $11,860 $436,952 $0 $0
2022 $10,701 $397,229 $0 $0
2021 $10,182 $363,579 $151,200 $212,379
2020 $6,507 $312,567 $151,200 $161,367
2019 $5,988 $270,637 $113,400 $157,237
2018 $5,465 $248,784 $106,178 $142,606
2017 $5,092 $214,023 $84,942 $129,081
2016 $4,824 $109,047 $0 $0
2015 $4,513 $99,134 $0 $0
2014 $4,146 $90,122 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10529433

BeachesMLS

APN: 38-43-44-21-15-065-0060