NOT LISTED FOR SALE

116 N Ocean Breeze Lake Worth, FL 33460

Parrot Cove Neighborhood

Estimated Value: $685,000 - $819,000

4 Beds
4 Baths
1,802 Sq Ft
$407/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $550,000 $305 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,029/month

21 Days on Market

Highlights

  • Garden View
  • Tile Flooring
  • Central Heating and Cooling System
  • Impact Glass
  • Awning

About This Home

As of April 2021

*PARROT COVE NEIGHBORHOOD* THIS ONE CHECKS OFF ALL THE BOXES, CBS, COMPLETE IMPACT WINDOWS AND DOORS, UPDATED MINI SPLIT A/C UNITS, FRESHLY PAINTED, HIP ROOF & LOCATION, LOCATION, LOCATION. LESS THAN A MILE TO THE BEACH. PROPERTY IS JUST BEFORE THE BRIDGE, ONE BLOCK FROM LAKE AVENUE THAT LEADS TO DOWNTOWN. PERFECT FOR ANNUAL OR SHORT TERM RENTALS. 4 PRIVATE PARKING SPOTS OFF OF THE STREET. *WALKING SCORE 84* PRICE TO SELL!!!!

Last Agent to Sell the Property

Angela Williams

The Keyes Company License #3108136 Listed on: 02/17/2021

The Keyes Company

Last Buyer's Agent

Angela Williams

The Keyes Company License #3108136 Listed on: 02/17/2021

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,670

Year Built

  • Built in 1952

Lot Details

  • 6,750 Sq Ft Lot

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,802 Sq Ft Home
  • 1-Story Property
  • Awning
  • Blinds
  • Garden Views
  • Impact Glass

Flooring

  • Tile
  • Terrazzo
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434421150300040

Community Details

Overview

  • 4 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $14,570

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,670

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: ONE STREET EAST OF FEDERAL, ONE BLOCK NORTH OF LAKE AVENUE. PROPERTY IS ON THE EAST SIDE OF STREET.
  • Year Built: 1952
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Tile, Vinyl
  • Living Area: 1802.0
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Awning(s)
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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 #: 38434421150300040
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: MF-20(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8670.0

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 14570.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Apr 9, 2021
Sold by
Johnson William and Mccomb William
Bought by
Cuevas Michael S
Seller's Agent
Angela Williams
The Keyes Company
Buyer's Agent
Angela Williams
The Keyes Company
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$733,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,333
Avg. Annual Appreciation
6.53%
Original Mortgage
$412,500
Outstanding Balance
$372,736
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$360,597

Purchase Details

Closed on
Jun 4, 2014
Sold by
Blue Eagle Properties Inc
Bought by
Johnson William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2000
Sold by
Leparski Danuta J
Bought by
Blue Eagle Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.3%
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
Cuevas Michael S $550,000 Title Matters Llc
Johnson William $235,000 Trident Title Llc
Blue Eagle Properties Inc $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuevas Michael S $412,500
Previous Owner Johnson William $172,500
Previous Owner Blue Eagle Properties Inc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $550,000 0.0% $305 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $550,000 -- $305 / 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 $14,279 $555,546 -- --
2023 $14,040 $551,351 $285,423 $265,928
2022 $13,196 $507,292 $0 $0
2021 $7,782 $260,963 $137,750 $123,213
2020 $8,670 $334,675 $220,000 $114,675
2019 $8,278 $334,675 $220,000 $114,675
2018 $7,276 $269,930 $187,110 $82,820
2017 $6,565 $211,087 $138,600 $72,487
2016 $6,382 $205,756 $0 $0
2015 $6,225 $193,756 $0 $0
2014 $5,536 $150,954 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Angela Williams

    The Keyes Company

    (561) 737-5300

    3 in this area

    8 Total Sales

    Angela Williams
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Map

Source: BeachesMLS

MLS Number: R10693241

BeachesMLS

APN: 38-43-44-21-15-030-0040

Florida Palm Beach County Lake Worth 33460 Parrot Cove

116 N Ocean Breeze, Lake Worth, FL

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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