131 N L St Lake Worth, FL 33460
Mango Groves Neighborhood
--
Bed
--
Bath
1,121
Sq Ft
4,008
Sq Ft Lot
Highlights
- Hurricane or Storm Shutters
- Shed
- Central Heating and Cooling System
- Patio
- Tile Flooring
- Fenced
About This Home
As of February 2023Beautifully remodeled historic DUPLEX in the heart of downtown Lake Worth Beach! 1 block to restaurants/shops, 2 blocks to Publix, 1 mile to the Beach. Two spacious 1/1 apartments with full kitchens and living rooms. Huge detached 2 car garage for tenants, storage, or rent for extra income. Sold FULLY-FURNISHED with coastal design elements for a turnkey rental investment annual or Airbnb. Live in one, rent the other and live nearly mortgage-free! Low-maintenance landscaping. Separately metered. Lake Worth Beach is experiencing an influx of development and appreciating property values, come see what the buzz is all about. Cash offers only.
Last Agent to Sell the Property
Charles Hoover
Inactive member License #3431994 Listed on: 01/18/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,585
Year Built
- Built in 1938
Lot Details
- Fenced
- Sprinkler System
Parking
- 2 Parking Spaces
Home Design
- Duplex
- Metal Roof
- Wood Siding
Interior Spaces
- 1,121 Sq Ft Home
- 1-Story Property
- Blinds
- Tile Flooring
- Hurricane or Storm Shutters
Outdoor Features
- Patio
- Shed
Utilities
- Central Heating and Cooling System
- The lake is a source of water for the property
- Cable TV Available
Listing and Financial Details
- Total Actual Rent $38,400
- Rent includes pest control, sewer, trash collection, water
- Assessor Parcel Number 38434421150220111
Community Details
Overview
- 3 Units
- Downtown Lake Worth Beach Subdivision
Building Details
- Net Operating Income $27,370
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
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
Similar Homes in Lake Worth, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $512,000 | Title Brothers Llc | |
| Warranty Deed | $375,000 | Title Brothers Llc | |
| Warranty Deed | $276,000 | Title Now Llc | |
| Warranty Deed | $198,000 | Attorney | |
| Warranty Deed | $90,000 | Universal Land Title Llc | |
| Warranty Deed | $197,000 | -- | |
| Interfamily Deed Transfer | -- | Delray Title & Abstract Co | |
| Warranty Deed | $53,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $358,400 | New Conventional | |
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $191,800 | Fannie Mae Freddie Mac | |
| Previous Owner | $156,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $100,000 | Balloon | |
| Previous Owner | $120,000 | Purchase Money Mortgage | |
| Previous Owner | $47,300 | New Conventional |
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: BeachesMLS (Greater Fort Lauderdale)
Tax History Compared to Growth
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
-
Viktoria Bariska
V
Seller's Agent in 2023
Viktoria Bariska
Florida Capital Realty
(786) 581-3100
1 in this area
10 Total Sales
-
C
Seller's Agent in 2021
Charles Hoover
Inactive member
-
Kyle Cruz
K
Seller's Agent in 2019
Kyle Cruz
Stateland Brown Holdings
(561) 797-1543
10 Total Sales
-
Michael Watson
Buyer's Agent in 2019
Michael Watson
Mangrove Property Management
(561) 510-8666
25 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10267068
APN: 38-43-44-21-15-022-0111
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