NOT LISTED FOR SALE

Estimated Value: $312,229 - $421,000

2 Beds
2 Baths
880 Sq Ft
$424/Sq Ft Est. Value

Last Sold May 06, 2015

Last sale price $88,000 $100 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $2,515/month

51 Days on Market

About This Home

As of May 2015

GREAT INVESTMENT PROPERTY RENTED ON BOTH SIDES. TENANTS HAVE BEEN THERE FOR YEARS.

Last Agent to Sell the Property

Arlet Eugene

New Empire Realty, Inc. License #3087519 Listed on: 02/13/2015

Last Buyer's Agent

Arlet Eugene

New Empire Realty, Inc. License #3087519 Listed on: 02/13/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,058

Year Built

  • Built in 1955

Lot Details

  • 3,398

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property

Flooring

  • Ceramic Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Well

Community Details

  • 4 Units
  • Lake Worth Town Subdivision

Listing and Financial Details

  • Rent includes electricity, sewer, cable TV, water
  • Assessor Parcel Number 38434421150590250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,058

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I95 TO 6TH AVENUE S, EAST TO F STREET, NORTH TO PROPERTY
  • Year Built: 1955
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 880.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Frame, Stucco
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Sewer, Cable TV, Water
  • Senior Community: No

Lot Info

  • Parcel #: 38434421150590250
  • Current Use: Farm
  • Zoning Description: Sftf14

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2058.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2015
Closed on
May 4, 2015
Sold by
Blue Stones Holdings Inc
Bought by
Paca Properties Llc
Seller's Agent
Arlet Eugene
New Empire Realty, Inc.
Buyer's Agent
Arlet Eugene
New Empire Realty, Inc.
List Price
$99,999
Sold Price
$88,000
Premium/Discount to List
-$11,999
-12%
Total Days on Market
51
Current Estimated Value
$373,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,076
Avg. Annual Appreciation
15.62%

Purchase Details

Closed on
Oct 10, 2013
Sold by
Raymond Wilfred and Raymond Clermite
Bought by
Blue Stones Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 18, 2003
Sold by
Buchan John C
Bought by
Raymond Wilfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2001
Sold by
Ng Teck Seng
Bought by
Buchan John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2000
Sold by
Weintraub Robert
Bought by
Ng Teck S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,875
Interest Rate
7.8%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Paca Properties Llc $88,000 Structure Title Services
Blue Stones Holdings Inc $60,000 Structure Title Services
Raymond Wilfred $100,000 Sunbelt Title Agency
Buchan John C $70,000 --
Ng Teck S $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue Stones Holdings Inc $35,000
Previous Owner Raymond Wilfrid $125,600
Previous Owner Raymond Wilfrid $127,500
Previous Owner Raymond Wilfred $75,000
Previous Owner Buchan John C $63,000
Previous Owner Ng Teck S $25,875
Closed Raymond Wilfred $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2015 05/06/15 Sold $88,000 -12.0% $100 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $99,999 -- $114 / 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 $5,034 $165,306 -- --
2023 $4,478 $150,278 $0 $0
2022 $4,082 $136,616 $0 $0
2021 $3,862 $141,400 $75,600 $65,800
2020 $3,657 $135,767 $75,600 $60,167
2019 $3,350 $115,269 $56,700 $58,569
2018 $3,027 $99,875 $53,089 $46,786
2017 $2,803 $84,827 $42,471 $42,356
2016 $2,654 $79,438 $0 $0
2015 $2,250 $56,414 $0 $0
2014 $2,058 $51,285 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10111264

BeachesMLS

APN: 38-43-44-21-15-059-0250