NOT LISTED FOR SALE

1204 Worthington St West Palm Beach, FL 33401

Pineapple Park Neighborhood

Estimated Value: $523,000 - $817,000

12 Beds
8 Baths
2,800 Sq Ft
$245/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $288,000 $103 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $4,434/month

12 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • No Heating

About This Home

As of November 2014

Great income producing property, 2 buildings with a large courtyard in the middle and large yard.aLL UNITS 2/1 Tenants are paying all utilities (seperate water and electric meters), solid CBS buildings with new roofs (about 3 years old) and updated electr ical systems. Very low maintenance cost, all tenants are on annual leases with security deposits. This property is at 10% CAP and is very easy to manage! ***Drive by and don't disturb the tenants!! Submit an offer and viewing while in inspection period***

Last Agent to Sell the Property

Doron Landrich

Landrich Real Estate, Inc. License #3099495 Listed on: 10/13/2014

Last Buyer's Agent

Martha Rodriguez

Grand Realty of America, Corp. License #3307353

Grand Realty of America, Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,486

Year Built

  • Built in 1955

Lot Details

  • 0.25

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 2,800 Sq Ft Home
  • 1-Story Property
  • Blinds

Flooring

  • Tile
  • Terrazzo

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $36,000
  • Rent includes gardener
  • Assessor Parcel Number 74434328130070060

Community Details

Overview

  • 4 Units
  • Mercer Park Subdivision

Building Details

  • Net Operating Income $30,024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,486

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: 95 TO BELVEDERE WEST. TURN RIGHT ON MERCER, RIGHT ON WORTHINGTON.
  • Year Built: 1955
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Tile
  • Living Area: 2800.0
  • Window Features: Blinds

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener

Lot Info

  • Parcel #: 74434328130070060
  • Zoning Description: MF14

Multi Family

  • Property Net Operating Income: 30024.0
  • Number Of Units Total: 4
  • Total Actual Rent: 36000.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3486.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2014
Closed on
Nov 25, 2014
Sold by
1204 Worthington Llc
Bought by
Alviarez Gonzalez Roni Lacides and Velasco Guerreo Zoila Esthela
Seller's Agent
Doron Landrich
Landrich Real Estate, Inc.
Buyer's Agent
Martha Rodriguez
Grand Realty of America, Corp.
List Price
$298,500
Sold Price
$288,000
Premium/Discount to List
-$10,500
-3.52%
Current Estimated Value
$686,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,134
Avg. Annual Appreciation
7.77%
Original Mortgage
$170,000
Interest Rate
4%
Mortgage Type
Balloon

Purchase Details

Listed on
Oct 30, 2012
Closed on
Jan 10, 2013
Sold by
Chan Kwong Weng
Bought by
1204 Worthington Llc
Seller's Agent
Damaris Hatina
MMLS Assoc.-Inactive Member
Buyer's Agent
Damaris Hatina
MMLS Assoc.-Inactive Member
List Price
$249,000
Sold Price
$206,000
Premium/Discount to List
-$43,000
-17.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.62%

Purchase Details

Closed on
Mar 17, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Chan Kwong Weng

Purchase Details

Closed on
Oct 18, 2010
Sold by
Thomas Shibu P
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 16, 2006
Sold by
Torres Daniel and Torres Sheislly
Bought by
Thomas Shibu P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2005
Sold by
Otis Michael W and Otis Shelley K
Bought by
Torres Daniel and Torres Sheislly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
5.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 21, 1993
Sold by
Griffin Linda Louise
Bought by
Otis Michael W and Otis Shelley K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.44%
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
Alviarez Gonzalez Roni Lacides $288,000 Attorney
1204 Worthington Llc $206,000 Southeast Title Agency Llc
Chan Kwong Weng $64,000 Attorney
Deutsche Bank National Trust Company -- Attorney
Deutsche Bank National Trust Company $85,500 Attorney
Thomas Shibu P $430,000 Universal Land Title Inc
Torres Daniel $280,000 Universal Land Title Inc
Otis Michael W $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Roni Lacies Alvarez $172,800
Closed Alviarez Gonzalez Roni Lacides $170,000
Previous Owner Thomas Shibu P $300,000
Previous Owner Torres Daniel $28,000
Previous Owner Torres Daniel $224,000
Previous Owner Otis Michael W $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2014 11/25/14 Sold $288,000 -3.5% $103 / Sq Ft
10/26/2014 10/26/14 Pending -- -- --
10/13/2014 10/13/14 For Sale $298,500 0.0% $107 / Sq Ft
09/20/2014 09/20/14 For Rent $750 0.0% --
09/20/2014 09/20/14 Rented $750 0.0% --
01/10/2013 01/10/13 Sold $206,000 -17.3% $68 / Sq Ft
11/28/2012 11/28/12 Pending -- -- --
09/20/2012 09/20/12 For Sale $249,000 -- $82 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $8,357 $292,857 -- --
2023 $8,532 $266,234 $0 $0
2022 $6,386 $242,031 $0 $0
2021 $5,801 $253,800 $34,000 $219,800
2020 $5,236 $208,714 $34,000 $174,714
2019 $5,027 $210,157 $34,000 $176,157
2018 $4,169 $165,310 $21,311 $143,999
2017 $3,905 $155,518 $11,519 $143,999
2016 $3,959 $154,768 $0 $0
2015 $4,229 $162,303 $0 $0
2014 $3,484 $128,243 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Doron Landrich

    Landrich Real Estate, Inc.

    9 Total Sales

    Doron Landrich
    Section Image

  • A

    Buyer's Agent in 2014

    Avraham Dagan

    Landrich Real Estate, Inc.

  • Martha Rodriguez

    Buyer's Agent in 2014

    Martha Rodriguez

    Grand Realty of America, Corp.

    (561) 320-7675

    23 Total Sales

    Martha Rodriguez
    Section Image

  • D

    Seller's Agent in 2013

    Damaris Hatina

    MMLS Assoc.-Inactive Member

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1311765

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-28-13-007-0060

Florida Palm Beach County West Palm Beach 33401 Pineapple Park

1204 Worthington St, West Palm Beach, FL

This home is located at 1204 Worthington St, West Palm Beach, FL 33401 since 13 October 2014 and is currently estimated at $686,134, approximately $245 per square foot. This property was built in 1955. 1204 Worthington St is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Conniston Middle School, and Forest Hill Community High 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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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