NOT LISTED FOR SALE

1115 19th Ave N Unit 1 Lake Worth, FL 33460

Sunset Ridge Neighborhood

Estimated Value: $833,000 - $929,000

8 Beds
4 Baths
3,145 Sq Ft
$278/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $370,000 $118 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $5,873/month

105 Days on Market

Highlights

  • Patio
  • Central Heating and Cooling System
  • Fenced
  • Ceramic Tile Flooring
  • 4 Car Garage

About This Home

As of April 2017

PRICE REDUCED!! Income Opportunity--This is a 4 unit apartment building. Located just steps to Dixie Hwy in up and coming Lake Worth. The units feature 2BR 1BA 1Car Garage. Building is well maintained. Long term tenants. All units have Central A/C. Current rents are below market new owner has the ability to increase rents to current market rates.Cap rate is 5.4%. Projected profroma cap rate is 10.3% at market rate rents.

Last Agent to Sell the Property

Rachel Cruz

Serhant License #3353795 Listed on: 12/06/2016

Serhant

Last Buyer's Agent

Newmon Mathai

Sobri Realty Group LLC License #3238158

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,815

Year Built

  • Built in 1980

Lot Details

  • 8,769 Sq Ft Lot
  • Fenced

Parking

  • 4 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,145 Sq Ft Home
  • 1-Story Property

Flooring

  • Ceramic Tile
  • Vinyl

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Association fees include water
  • 4 Units
  • Lake Worth Heights Subdivision

Listing and Financial Details

  • Total Actual Rent $36,000
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 38434416060120020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,815

Year Built

Built in 1980

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Directions: I-95 to 10th Ave N east to Dixie Hwy north to 19th Ave.
  • Year Built: 1980
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Other, Vinyl
  • Living Area: 3145.0

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Water

Lot Info

  • Parcel #: 38434416060120020
  • Lot Size: 50.0 ft x 175.0 ft
  • Lot Size Sq Ft: 8769.0
  • Zoning Description: SF-TF-
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5815.0

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 36000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2016
Closed on
Apr 21, 2017
Sold by
Kalmanides Eugenia
Bought by
Laurella Llc
Seller's Agent
Rachel Cruz
Serhant
Buyer's Agent
Newmon Mathai
Sobri Realty Group LLC
List Price
$450,000
Sold Price
$370,000
Premium/Discount to List
-$80,000
-17.78%
Current Estimated Value
$874,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,355
Avg. Annual Appreciation
11.42%

Purchase Details

Closed on
Jan 22, 2008
Sold by
Coupet Wilguens
Bought by
Kalmanides Eugenia

Purchase Details

Closed on
Sep 6, 2006
Sold by
Alvarez Liset
Bought by
Coupet Wilguens

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2006
Sold by
Harper Gary R
Bought by
Alvarez Liset

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 16, 1999
Sold by
Conrad Erma Lee
Bought by
Harper Gary R

Purchase Details

Closed on
Jun 10, 1997
Sold by
Harper Susan
Bought by
Harper Gary R

Purchase Details

Closed on
Jul 10, 1996
Sold by
Harper Gary R
Bought by
Conrad Ermalee B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.99%
Mortgage Type
Balloon
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
Laurella Llc $370,000 Performance Title & Escrow L
Kalmanides Eugenia $300,000 Home Guardian Title Inc
Coupet Wilguens $475,000 None Available
Alvarez Liset $375,000 None Available
Harper Gary R $67,000 --
Harper Gary R $100 --
Conrad Ermalee B $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coupet Wilguens $380,000
Previous Owner Alvarez Liset $262,500
Previous Owner Harper Gary R $307,000
Previous Owner Conrad Ermalee B $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Sold $370,000 -17.8% $118 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
12/06/2016 12/06/16 For Sale $450,000 -- $143 / 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 $12,528 $460,635 -- --
2023 $11,587 $418,759 $0 $0
2022 $11,018 $380,690 $0 $0
2021 $9,901 $364,705 $89,600 $275,105
2020 $9,086 $314,620 $89,600 $225,020
2019 $9,116 $314,620 $89,600 $225,020
2018 $8,277 $285,903 $65,076 $220,827
2017 $6,043 $257,004 $65,076 $191,928
2016 $5,815 $145,694 $0 $0
2015 $5,591 $132,449 $0 $0
2014 $5,095 $120,408 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rachel Cruz

    Seller's Agent in 2017

    Rachel Cruz

    Serhant

    (561) 685-0658

    1 in this area

    200 Total Sales

    Rachel Cruz
    Section Image

  • N

    Buyer's Agent in 2017

    Newmon Mathai

    Sobri Realty Group LLC

See All Agents

Map

Source: BeachesMLS

MLS Number: R10289349

BeachesMLS

APN: 38-43-44-16-06-012-0020

Florida Palm Beach County Lake Worth 33460 Sunset Ridge

1115 19th Ave N Unit 1, Lake Worth, FL

This home is located at 1115 19th Ave N Unit 1, Lake Worth, FL 33460 since 06 December 2016 and is currently estimated at $874,355, approximately $278 per square foot. This property was built in 1980. 1115 19th Ave N Unit 1 is a home located in Palm Beach County with nearby schools including Lake Worth High School, North Grade Elementary School, and Lake Worth Community Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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