NOT LISTED FOR SALE

Estimated Value: $517,000 - $819,000

6 Beds
4 Baths
2,400 Sq Ft
$295/Sq Ft Est. Value

Last Sold April 06, 2016

Last sale price $226,000 $94 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $4,573/month

25 Days on Market

About This Home

As of April 2016

This home is located at 1301 3rd Ave S, Lake Worth, FL 33460 since 10 February 2016 and is currently estimated at $706,828, approximately $294 per square foot. This property was built in 1991. 1301 3rd Ave S is a home located in Palm Beach County with nearby schools including Lake Worth High School, South Grade Elementary School, and Lake Worth Community Middle School.

Last Agent to Sell the Property

Imran Gunes

Capital Investments R.E. Corp. License #3276953 Listed on: 02/10/2016

Last Buyer's Agent

Bret Taylor

Southdale Properties Inc. License #3098864

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,002

Year Built

  • Built in 1991

Lot Details

  • 6,750 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Total Actual Rent $31,200
  • Rent includes electricity, cable TV, water
  • Assessor Parcel Number 38434421151270170

Community Details

Overview

  • 2 Units
  • Lake Worth Town Of In Pb Subdivision

Building Details

  • Operating Expense $4,920
  • Net Operating Income $26,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,002

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: i95 exit 10th Avenue N. West to Dixie Hwy. South to 3rd Avenue S.
  • Year Built: 1991
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 2400.0

Exterior Features

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

Utilities

  • Cooling: Other
  • Heating: Other

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 38434421151270170
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: SFTF14
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 26280.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 4920.0
  • Total Actual Rent: 31200.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3002.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2016
Closed on
Apr 4, 2016
Sold by
Bosphorus Property Management Llc
Bought by
2 Erin 89 Llc
Seller's Agent
Imran Gunes
Capital Investments R.E. Corp.
Buyer's Agent
Bret Taylor
Southdale Properties Inc.
List Price
$225,000
Sold Price
$226,000
Premium/Discount to List
$1,000
0.44%
Current Estimated Value
$706,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,828
Avg. Annual Appreciation
13.29%

Purchase Details

Closed on
Jul 6, 2015
Sold by
Ftc Group Llc
Bought by
Bosphorus Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2015
Closed on
Mar 30, 2015
Sold by
Fannie Mae
Bought by
Ftc Group Llc
Seller's Agent
Todd Hamilton
United Realty Consultants
List Price
$129,900
Sold Price
$124,000
Premium/Discount to List
-$5,900
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.51%

Purchase Details

Closed on
Jan 9, 2015
Sold by
Antista Mark E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 14, 2003
Sold by
Pashkow Gregory J and Pashkow Karen
Bought by
Antista Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2000
Sold by
Pashkow Gregory J and Pashkow Karen
Bought by
Pashkow Gregory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
8.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 1998
Sold by
Foreclosure Recovery Service Inc
Bought by
Pashkow Gregory J

Purchase Details

Closed on
Dec 4, 1998
Sold by
Soto Jose M and Soto Maria
Bought by
Foreclosure Recovery Service Inc

Purchase Details

Closed on
Dec 26, 1996
Sold by
Jarvis Charles D and Jarvis Carol
Bought by
Soto Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.57%
Mortgage Type
Balloon
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
2 Erin 89 Llc $226,000 Pinacle Land And Title Inc
Bosphorus Property Management Llc $205,000 Pinnacle Land & Title Inc
Ftc Group Llc $124,000 None Available
Federal National Mortgage Association -- None Available
Antista Mark $120,000 Flagler Title Company
Pashkow Gregory J -- --
Pashkow Gregory J $100 --
Foreclosure Recovery Service Inc $100 --
Soto Jose M $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bosphorus Property Management Llc $153,750
Previous Owner Antista Mark $114,000
Previous Owner Soto Jose M $89,600
Previous Owner Soto Jose M $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2016 04/06/16 Sold $226,000 +0.4% $94 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $225,000 +81.5% $94 / Sq Ft
03/30/2015 03/30/15 Sold $124,000 -4.5% $52 / Sq Ft
02/28/2015 02/28/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $129,900 -- $54 / 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 $10,086 $351,645 -- --
2023 $9,152 $319,677 $0 $0
2022 $8,263 $290,615 $0 $0
2021 $7,346 $311,823 $75,600 $236,223
2020 $6,660 $263,664 $75,600 $188,064
2019 $6,176 $241,552 $56,700 $184,852
2018 $5,450 $201,596 $53,089 $148,507
2017 $5,017 $180,449 $42,471 $137,978
2016 $4,452 $157,980 $0 $0
2015 $3,002 $77,444 $0 $0
2014 $2,727 $70,404 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10206839

BeachesMLS

APN: 38-43-44-21-15-127-0170