NOT LISTED FOR SALE

131 N E St Lake Worth, FL 33460

Tropical Ridge Neighborhood

Estimated Value: $714,000 - $836,000

8 Beds
4 Baths
2,744 Sq Ft
$274/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $650,000 $237 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,444/month

357 Days on Market

Highlights

  • Water Views
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of December 2023

Only 1.5 miles to the beach. 7 mins by car or street legal golf cart, 12 mins bike ride or a 32 min walk. 10 min walk to downtown restaurants and entertainment. Lots of room rent increases. Rent is way below market at $1,100 a door. All units are two bedrooms, one bath units. Investor Financing available, for owner occupants property is located in a community lending area ask the listing broker for details.

Last Agent to Sell the Property

Jeremy Vandervort

Ocean Capital R.E. Services Gr License #3207795 Listed on: 12/29/2022

Co-Listed By

Michael Vatalaro

Ocean Capital R.E. Services Gr License #3246153

Last Buyer's Agent

Kristoffer Karlsson

The Keyes Company License #3496598

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,100

Year Built

  • Built in 1923

Lot Details

  • 10,125 Sq Ft Lot

Property Views

  • Water
  • Garden

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,744 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434421150080110

Community Details

Overview

  • 4 Units
  • Town Of Lake Worth Beach Subdivision

Building Details

  • Operating Expense $16,240
  • Net Operating Income $36,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,100

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: US 1 to Lake Ave west to S D st north to 2nd Ave east to property on south side on E st
  • Year Built: 1923
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2744.0

Exterior Features

  • Exterior Features: None
  • View: Garden, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block, Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 38434421150080110
  • Lot Size: 75.0 ft x 135.0 ft
  • Lot Size Sq Ft: 10125.0
  • Zoning Description: SF-TF-
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 36560.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 16240.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2022
Closed on
Dec 22, 2023
Sold by
J & J Koo Properties Llc
Bought by
Anthony Ameno Llc
Seller's Agent
Jeremy Vandervort
Ocean Capital R.E. Services Gr
Buyer's Agent
Kristoffer Karlsson
The Keyes Company
List Price
$850,000
Sold Price
$650,000
Premium/Discount to List
-$200,000
-23.53%
Total Days on Market
357
Views
179
Current Estimated Value
$752,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,355
Avg. Annual Appreciation
12.34%

Purchase Details

Closed on
Feb 22, 2013
Sold by
Dumont Gesner and Dumont Viviane
Bought by
J & J Koo Properties Llc

Purchase Details

Closed on
Feb 18, 2003
Sold by
Nocera Vincent and Nocera Geraldine
Bought by
Dumont Gesner

Purchase Details

Closed on
Jul 18, 2000
Sold by
R & R Hldg Corp Inc
Bought by
Norcera Vincent

Purchase Details

Closed on
Apr 23, 1996
Sold by
Florida Gardens Investments Inc
Bought by
R & R Holdings Corp Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.36%
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
Anthony Ameno Llc $650,000 None Listed On Document
J & J Koo Properties Llc $195,000 Universal Land Title Llc
Dumont Gesner $170,000 --
Norcera Vincent $87,000 --
R & R Holdings Corp Inc $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dumont Gesner $155,000
Previous Owner R & R Holdings Corp Inc $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $650,000 -7.1% $237 / Sq Ft
11/07/2023 11/07/23 Price Changed $700,000 -17.6% $255 / Sq Ft
12/29/2022 12/29/22 For Sale $850,000 -- $310 / 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 $14,800 $579,065 -- --
2023 $10,460 $319,389 $0 $0
2022 $9,100 $290,354 $0 $0
2021 $8,540 $364,019 $135,200 $228,819
2020 $7,804 $307,981 $119,600 $188,381
2019 $7,415 $300,556 $109,200 $191,356
2018 $6,723 $271,852 $103,292 $168,560
2017 $6,065 $211,800 $73,780 $138,020
2016 $5,558 $163,896 $0 $0
2015 $5,173 $148,996 $0 $0
2014 $5,516 $161,689 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Vandervort

    Seller's Agent in 2023

    Jeremy Vandervort

    Ocean Capital R.E. Services Gr

    (305) 582-2824

    1 in this area

    36 Total Sales

    Jeremy Vandervort
    Section Image
  • Michael Vatalaro

    Seller Co-Listing Agent in 2023

    Michael Vatalaro

    Ocean Capital R.E. Services Gr

    (800) 895-7174

    1 in this area

    8 Total Sales

    Michael Vatalaro
    Section Image

  • K

    Buyer's Agent in 2023

    Kristoffer Karlsson

    The Keyes Company

    (561) 818-4444

    1 in this area

    21 Total Sales

    Kristoffer Karlsson
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10854532

BeachesMLS

APN: 38-43-44-21-15-008-0110

Florida Palm Beach County Lake Worth 33460 Tropical Ridge

131 N E St, Lake Worth, FL

This home is located at 131 N E St, Lake Worth, FL 33460 since 29 December 2022 and is currently estimated at $752,355, approximately $274 per square foot. This property was built in 1923. 131 N E St is a home located in Palm Beach County with nearby schools including Lake Worth High School, Highland Elementary School, and Lake Worth Community 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.

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