NOT LISTED FOR SALE

118 S Lakeside Dr Lake Worth, FL 33460

Bryant Park Neighborhood

Estimated Value: $521,705 - $1,140,000

6 Beds
6 Baths
3,530 Sq Ft
$260/Sq Ft Est. Value

Last Sold May 08, 2012

Last sale price $147,000 $42 Per Sq Ft

Est. 524% increase in value since last sale

Current estimated payment $5,804/month

115 Days on Market

Highlights

  • Wood Flooring
  • Wall Furnace
  • 3-minute walk to Bryant Park
  • Cooling System Mounted To A Wall/Window

About This Home

As of May 2012

TITLE WORK COMPLETED READY TO CLOSE Corporate owned needs to be rehabbed great upside,great area A no contingency contract,deposit w title co,proof of funds,and minimal closing time is required to secure this

Last Agent to Sell the Property

Sonny Hamilton

Johnston Group Real Estate Services LLC License #691327 Listed on: 12/14/2011

Johnston Group Real Estate Services LLC

Last Buyer's Agent

Peter Mergenthaler

Integritos Real Estate License #3608530

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,752

Interior Spaces

  • 3,530 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $37,200
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 38434421150350040

Community Details

Overview

  • 4 Units
  • Lake Worth Town Subdivision

Building Details

  • Operating Expense $10,000
  • Net Operating Income $27,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: East on Lake Ave To So Lakeside Go Two Blocks On Left
  • Year Built: 1940
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Living Area: 3530.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 38434421150350040
  • Zoning Description: Mf40

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 27200.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 10000.0
  • Total Actual Rent: 37200.0

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 5872.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2011
Closed on
May 7, 2012
Sold by
Devalla Llc
Bought by
Mason & Gibbs Llc
Seller's Agent
Sonny Hamilton
Johnston Group Real Estate Services LLC
Buyer's Agent
Peter Mergenthaler
Integritos Real Estate
List Price
$199,988
Sold Price
$147,000
Premium/Discount to List
-$52,988
-26.5%
Current Estimated Value
$916,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$769,926
Avg. Annual Appreciation
14.55%

Purchase Details

Closed on
Nov 22, 2011
Sold by
Beltran Maria Delcarmen
Bought by
Devalla Llc

Purchase Details

Closed on
Jun 9, 2006
Sold by
Carson Kevin L and Levin Gary C
Bought by
Beltran Maricarmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,100
Interest Rate
9.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 8, 2000
Sold by
William Vander Woude
Bought by
Carson Kevin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
8.12%
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
Mason & Gibbs Llc $147,000 Attorney
Devalla Llc $125,700 None Available
Beltran Maricarmen $639,000 Southeastern Alliance Title
Carson Kevin L $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beltran Maricarmen $575,100
Previous Owner Carson Kevin L $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2012 05/08/12 Sold $147,000 -26.5% $42 / Sq Ft
04/08/2012 04/08/12 Pending -- -- --
12/14/2011 12/14/11 For Sale $199,988 -- $57 / 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 $12,056 $377,180 -- --
2023 $11,448 $342,891 $0 $0
2022 $10,824 $311,719 $0 $0
2021 $9,165 $402,240 $137,750 $264,490
2020 $9,037 $436,359 $220,000 $216,359
2019 $8,697 $436,362 $220,000 $216,362
2018 $7,696 $376,374 $187,110 $189,264
2017 $6,969 $306,678 $138,600 $168,078
2016 $6,620 $175,957 $0 $0
2015 $6,436 $159,961 $0 $0
2014 $6,201 $145,419 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sonny Hamilton

    Seller's Agent in 2012

    Sonny Hamilton

    Johnston Group Real Estate Services LLC

    (561) 655-1233

    5 Total Sales

    Sonny Hamilton
    Section Image
  • Peter Mergenthaler

    Buyer's Agent in 2012

    Peter Mergenthaler

    Integritos Real Estate

    (561) 723-5955

    28 Total Sales

    Peter Mergenthaler
    Section Image
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Map

Source: BeachesMLS

MLS Number: R3246153

BeachesMLS

APN: 38-43-44-21-15-035-0040

Florida Palm Beach County Lake Worth 33460 Bryant Park

118 S Lakeside Dr, Lake Worth, FL

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