NOT LISTED FOR SALE

1202 S N St Unit 1 Lake Worth, FL 33460

Pineapple Beach Neighborhood

Estimated Value: $578,532 - $797,000

4 Beds
4 Baths
1,812 Sq Ft
$369/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $385,000 $212 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,735/month

33 Days on Market

Highlights

  • Water Views
  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Room in yard for a pool
  • Porch
  • Open Patio

About This Home

As of December 2020

Own a piece of the tropics in historical, trendy Lake Worth Beach before its gentrified beyond reach.This is a unique multi unit property, each unit has two parking spaces inside the grounds, each unit has its own private yard area for grilling or enjoying refreshments>Located a few blocks from Bryant park on the intracoastal a skip and a hop from Lake Worth's beach on the island and a leisurely walk from downtown's restaurants, bars and shops. Southward, Lantana beach is minutes away with its restaurants and attractions. This is a unique property in a rapidly developing area, LW Beach is one of the trendiest and last remaining affordable beach towns in South Florida.Great income producing investment with a valuable future.

Last Agent to Sell the Property

Francisco Patino

Bellaggio Real Estate Group License #3333700 Listed on: 10/15/2020

Last Buyer's Agent

Frank Cavallino

Cavalli Realty, LLC License #3443326

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,052

Year Built

  • Built in 1940

Lot Details

  • 6,750 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Frame Construction
  • Tar and Gravel Roof
  • Composition Roof

Interior Spaces

  • 1,812 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Water Views

Flooring

  • Carpet
  • Ceramic Tile

Outdoor Features

  • Room in yard for a pool
  • Open Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • The lake is a source of water for the property
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434427010570080

Community Details

Overview

  • 4 Units
  • Lake Worth Town Of Add 1 Subdivision

Building Details

  • Operating Expense $15,000
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,052

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: From I95 take 6th Ave S exit toward the beach, drive East past Dixie Hwy to Federal, turn left to 12th Ave S, Turn left to property on the right.
  • Year Built: 1940
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile, Tile
  • Living Area: 1812.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence, Porch, Patio, Room For Pool
  • View: Other, Water
  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition, Tar/Gravel

Utilities

  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Lake, Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 38434427010570080
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: SF-7(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 32400.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 15000.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5052.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2022
Sold by
Tc Alpha Llc
Bought by
Brown Sean
Total Days on Market
33
Current Estimated Value
$668,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,857
Outstanding Balance
$530,821
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$120,481

Purchase Details

Closed on
Jun 22, 2022
Sold by
Alexander Williams Troy R
Bought by
Alpha Tc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,857
Outstanding Balance
$530,821
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$120,481

Purchase Details

Listed on
Oct 15, 2020
Closed on
Dec 17, 2020
Sold by
Talon William and Talon Sandra
Bought by
Chase Colette and Williams Troy R
Seller's Agent
Francisco Patino
Bellaggio Real Estate Group
Buyer's Agent
Frank Cavallino
Cavalli Realty, LLC
List Price
$420,000
Sold Price
$385,000
Premium/Discount to List
-$35,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.48%
Original Mortgage
$288,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2005
Sold by
Bs Times Llc
Bought by
Talon William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2004
Sold by
Talon William J
Bought by
Bs Times Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 3, 2004
Sold by
Wenzel Michael R
Bought by
Talon William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 18, 2003
Sold by
Harris John W and Wenzel Sandra J
Bought by
Wenzel Michael R

Purchase Details

Closed on
Jul 11, 2001
Sold by
Angel Perez M and Angel Blanca Perez
Bought by
Harris John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,375
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 1999
Sold by
Bankers Trust Co Tr
Bought by
Perez Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
7.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 1999
Sold by
Clerk Of The Court
Bought by
Bankers Trust Company

Purchase Details

Closed on
Oct 11, 1994
Sold by
Miller Grace L
Bought by
Wright Keith G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,550
Interest Rate
8.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1993
Sold by
Miller Ronald R
Bought by
Miller Grace L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brown Sean $560,000 New Title Company Name
Alpha Tc -- None Listed On Document
Chase Colette $385,000 Attorney
Talon William -- Nations Title Agency
Bs Times Llc -- --
Talon William J -- --
Wenzel Michael R -- --
Harris John W $113,500 --
Perez Angel $65,000 --
Bankers Trust Company $100 --
Wright Keith G $67,000 --
Miller Grace L $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Sean $22,749
Closed Brown Sean $18,199
Open Brown Sean $549,857
Previous Owner Chase Colette $288,750
Previous Owner Talon William J $76,500
Previous Owner Talon William J $50,000
Previous Owner Talon William $165,750
Previous Owner Talon William J $144,000
Previous Owner Bankers Trust Company $28,375
Previous Owner Bankers Trust Company $45,500
Previous Owner Wright Keith G $43,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $385,000 -8.3% $212 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $420,000 -- $232 / 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 $11,940 $447,607 -- --
2023 $10,823 $406,915 $141,750 $265,165
2022 $8,321 $292,300 $0 $0
2021 $8,671 $298,969 $132,000 $166,969
2020 $5,270 $238,590 $132,000 $106,590
2019 $5,056 $231,967 $123,200 $108,767
2018 $4,369 $173,216 $89,790 $83,426
2017 $4,185 $158,956 $81,627 $77,329
2016 $4,036 $79,399 $0 $0
2015 $3,817 $72,181 $0 $0
2014 $3,562 $65,619 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Francisco Patino

    Seller's Agent in 2020

    Francisco Patino

    Bellaggio Real Estate Group

    (954) 394-6862

    1 in this area

    13 Total Sales

    Francisco Patino
    Section Image
  • Frank Cavallino

    Buyer's Agent in 2020

    Frank Cavallino

    Cavalli Realty, LLC

    (561) 437-2688

    1 in this area

    13 Total Sales

    Frank Cavallino
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10664235

BeachesMLS

APN: 38-43-44-27-01-057-0080

Florida Palm Beach County Lake Worth 33460 Pineapple Beach

1202 S N St Unit 1, Lake Worth, FL

This home is located at 1202 S N St Unit 1, Lake Worth, FL 33460 since 15 October 2020 and is currently estimated at $668,883, approximately $369 per square foot. This property was built in 1940. 1202 S N St Unit 1 is a home located in Palm Beach County with nearby schools including Barton Elementary School, Lake Worth High School, and Lantana 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.

Nearby Homes