NOT LISTED FOR SALE

131 N L St Lake Worth, FL 33460

Mango Groves Neighborhood

Estimated Value: $482,000 - $667,000

2 Beds
2 Baths
1,121 Sq Ft
$508/Sq Ft Est. Value

Last Sold February 25, 2023

Last sale price $512,000 $457 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,040/month

120 Days on Market

Highlights

  • Furnished
  • Patio
  • Tile Flooring
  • No HOA
  • Shed
  • Central Heating and Cooling System

About This Home

As of February 2023

Opportunity awaits for the next investor, or owner occupant, looking to live on one side and rent out the other. Turnkey rental investment annual or Airbnb. Great location, great cash flow! Remodeled historic duplex in the heart of downtown Lake Worth Beach.1 block to restaurants, shops and 1 mile to the Beach. Each unit has one bedroom and one bath, and spacious living areas with a full kitchen. Huge (400 sqft) car garage for tenants, storage or rent for extra income. Separately metered. FULLY FURNISHED with coastal design. A must see!

Last Agent to Sell the Property

Viktoria Bariska

Florida Capital Realty License #3403107 Listed on: 10/05/2022

Florida Capital Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,499

Year Built

  • Built in 1938

Lot Details

  • 4,008

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,121 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Tile Flooring

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Additional Features

  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 38434421150220111

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Lake Worth Town Of Condos
  • Lake Worth Town Of Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,499

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1938
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: Exit 63(6th Ave S) from 95. Right on 6th Ave S, left on Dixie Highway, right on 2nd Ave S, right on N L St. 131 N L St is on corner of 2nd Ave S and N L St.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: LAKE WORTH TOWN OF
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 1121
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Hurricane Shutters, Blinds

Exterior Features

  • Roof: Metal Roof
  • Exterior Features: Exterior Lights
  • Construction Type: Wood Siding
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKE WORTH TOWN OF
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Green Building Features: Laundry Facility
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 38434421150220111
  • Zoning: MU-E (ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5499

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Feb 28, 2023
Sold by
Fatata Kevin S
Bought by
Hyman Kevin Paul
Seller's Agent
Viktoria Bariska
Florida Capital Realty
List Price
$615,000
Sold Price
$512,000
Premium/Discount to List
-$103,000
-16.75%
Views
21
Current Estimated Value
$569,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,339
Avg. Annual Appreciation
4.20%
Original Mortgage
$358,400
Outstanding Balance
$349,145
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$216,230

Purchase Details

Listed on
Jan 18, 2021
Closed on
Mar 25, 2021
Sold by
Mergler Jay K
Bought by
Fatata Kevin S
Seller's Agent
Charles Hoover
Inactive member
List Price
$449,900
Sold Price
$375,000
Premium/Discount to List
-$74,900
-16.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.61%

Purchase Details

Listed on
Oct 3, 2018
Closed on
Feb 4, 2019
Sold by
K2lw Llc
Bought by
Mergler Jay
Seller's Agent
Kyle Cruz
Stateland Brown Holdings
Buyer's Agent
Michael Watson
Mangrove Property Management
List Price
$304,900
Sold Price
$276,000
Premium/Discount to List
-$28,900
-9.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.40%

Purchase Details

Closed on
Feb 14, 2017
Sold by
Ford John J
Bought by
K2lw Llc

Purchase Details

Closed on
May 24, 2010
Sold by
Schiavone Nicholas Michael
Bought by
Ford John J

Purchase Details

Closed on
Jan 13, 2004
Sold by
Spies James B and Spies Darlene A
Bought by
Schiavone Nicholas Michael

Purchase Details

Closed on
Jul 9, 2003
Sold by
Spies Darlene A and Spies James B
Bought by
Spies James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 1998
Sold by
Sollak Delvie K
Bought by
Pezza Dave
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
Hyman Kevin Paul $512,000 Title Brothers Llc
Fatata Kevin S $375,000 Title Brothers Llc
Mergler Jay $276,000 Title Now Llc
K2lw Llc $198,000 Attorney
Ford John J $90,000 Universal Land Title Llc
Schiavone Nicholas Michael $197,000 --
Spies James B -- Delray Title & Abstract Co
Pezza Dave $53,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hyman Kevin Paul $358,400
Previous Owner Fatata Kevin S $300,000
Previous Owner Schiavone Nicholas Michael $191,800
Previous Owner Schiavone Nicholas Michael $156,000
Previous Owner Schiavone Nicholas Michael $100,000
Previous Owner Spies James B $120,000
Previous Owner Pezza Dave $47,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2023 02/25/23 Sold $512,000 -6.9% $457 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/04/2023 01/04/23 Price Changed $550,000 -6.0% $491 / Sq Ft
11/29/2022 11/29/22 Price Changed $584,990 -2.3% $522 / Sq Ft
10/28/2022 10/28/22 Price Changed $599,000 -2.6% $534 / Sq Ft
10/05/2022 10/05/22 For Sale $615,000 +64.0% $549 / Sq Ft
03/25/2021 03/25/21 Sold $375,000 -16.6% $335 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $449,900 +63.0% $401 / Sq Ft
02/04/2019 02/04/19 Sold $276,000 -9.5% $246 / Sq Ft
01/05/2019 01/05/19 Pending -- -- --
10/03/2018 10/03/18 For Sale $304,900 -- $272 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $10,674 $437,479 -- --
2023 $9,194 $373,261 $151,200 $222,061
2022 $8,722 $347,305 $0 $0
2021 $5,499 $209,110 $50,000 $159,110
2020 $4,999 $177,381 $50,000 $127,381
2019 $4,585 $159,286 $50,000 $109,286
2018 $4,463 $157,796 $49,804 $107,992
2017 $3,626 $148,971 $45,276 $103,695
2016 $3,399 $100,008 $0 $0
2015 $3,250 $90,916 $0 $0
2014 $2,944 $82,651 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2023

    Viktoria Bariska

    Florida Capital Realty

    (786) 581-3100

    1 in this area

    10 Total Sales

    Viktoria Bariska
    Section Image

  • C

    Seller's Agent in 2021

    Charles Hoover

    Inactive member

  • K

    Seller's Agent in 2019

    Kyle Cruz

    Stateland Brown Holdings

    (561) 797-1543

    11 Total Sales

    Kyle Cruz
    Section Image
  • Michael Watson

    Buyer's Agent in 2019

    Michael Watson

    Mangrove Property Management

    (561) 510-8666

    25 Total Sales

    Michael Watson
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11283081

MIAMI REALTORS® MLS

APN: 38-43-44-21-15-022-0111

Florida Palm Beach County Lake Worth 33460 Mango Groves

131 N L St, Lake Worth, FL

This home is located at 131 N L St, Lake Worth, FL 33460 since 05 October 2022 and is currently estimated at $569,339, approximately $507 per square foot. This property was built in 1938. 131 N L St is a home located in Palm Beach County with nearby schools including Lake Worth High School, North Grade 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.

MIAMI REALTORS® MLS 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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