NOT LISTED FOR SALE

1325 S M St Unit 1 Lake Worth, FL 33460

Pineapple Beach Neighborhood

Estimated Value: $452,664 - $597,000

3 Beds
3 Baths
1,294 Sq Ft
$421/Sq Ft Est. Value

Last Sold December 14, 2016

Last sale price $155,000 $120 Per Sq Ft

Est. 252% increase in value since last sale

Current estimated payment $3,613/month

32 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Fenced

About This Home

As of December 2016

Great investment opportunity. Unit #1 is a 1/1 and Unit #2 is a 2/2. Separate electric meters. Plenty of parking.

Last Agent to Sell the Property

Albert Pavon

Pavon Realty Group, LLC License #3115993 Listed on: 10/12/2016

Last Buyer's Agent

Newmon Mathai

Sobri Realty Group LLC License #3238158

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,916

Year Built

  • Built in 1964

Lot Details

  • 6,752

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,294 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Tile

Additional Features

  • Fenced
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Total Actual Rent $19,200
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 38434427010640150

Community Details

Overview

  • 2 Units
  • Lake Worth Town Of Add 1 Subdivision

Building Details

  • Operating Expense $4,936
  • Net Operating Income $14,264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,916

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Take 6th Avenue to S Dixie Hwy and turn South on S Dixie Hwy, on 14th Ave turn east, on M Street turn north. Property on left side of street.
  • Year Built: 1964
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Laminate, Tile
  • Living Area: 1294.0

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434427010640150
  • Zoning Description: SFR

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 14264.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 4936.0
  • Total Actual Rent: 19200.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2916.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2016
Closed on
Dec 14, 2016
Sold by
Hidalgo Ricardo
Bought by
Jacey Llc
Seller's Agent
Albert Pavon
Pavon Realty Group, LLC
Buyer's Agent
Newmon Mathai
Sobri Realty Group LLC
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%
Total Days on Market
32
Current Estimated Value
$545,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,221
Avg. Annual Appreciation
15.99%

Purchase Details

Closed on
Jan 22, 2016
Sold by
Schwartz Gal Zeev
Bought by
Hidalgo Ricardo

Purchase Details

Closed on
Apr 21, 2014
Sold by
Escobar Linares Carmela Hilda
Bought by
Schwartz Gal Zeev

Purchase Details

Closed on
Feb 26, 2009
Sold by
Not Provided Guillermo
Bought by
Not Provided Carmela
Source: Public Records

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Range of Values:

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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
Jacey Llc $155,000 First American Title Insuran
Hidalgo Ricardo $110,000 Independence Title Inc
Schwartz Gal Zeev $70,000 Town & Country Title Guarant
Not Provided Carmela -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2016 12/14/16 Sold $155,000 -8.8% $120 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $169,900 -- $131 / 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 $6,627 $218,923 -- --
2023 $6,076 $199,021 $0 $0
2022 $5,394 $180,928 $0 $0
2021 $4,878 $192,449 $66,000 $126,449
2020 $4,557 $177,685 $66,000 $111,685
2019 $4,318 $173,285 $61,600 $111,685
2018 $3,688 $123,576 $44,895 $78,681
2017 $3,440 $112,354 $40,814 $71,540
2016 $3,127 $97,351 $0 $0
2015 $2,916 $88,501 $0 $0
2014 $2,244 $53,936 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Albert Pavon

    Seller's Agent in 2016

    Albert Pavon

    Pavon Realty Group, LLC

    (561) 644-2201

    297 Total Sales

    Albert Pavon
    Section Image

  • N

    Buyer's Agent in 2016

    Newmon Mathai

    Sobri Realty Group LLC

    (954) 298-9732

    48 Total Sales

    Newmon Mathai
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Map

Source: BeachesMLS

MLS Number: R10274232

BeachesMLS

APN: 38-43-44-27-01-064-0150

Florida Palm Beach County Lake Worth 33460 Pineapple Beach

1325 S M St Unit 1, Lake Worth, FL

This home is located at 1325 S M St Unit 1, Lake Worth, FL 33460 since 12 October 2016 and is currently estimated at $545,221, approximately $421 per square foot. This property was built in 1964. 1325 S M St Unit 1 is a home located in Palm Beach County with nearby schools including Barton Elementary School, Lake Worth High School, and Lantana 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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