NOT LISTED FOR SALE

1331 N Federal Hwy Unit 1 Lake Worth, FL 33460

Eden Place Neighborhood

Estimated Value: $579,000 - $744,000

5 Beds
4 Baths
1,726 Sq Ft
$399/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $310,000 $180 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $4,243/month

158 Days on Market

Highlights

  • Porch
  • Open Patio
  • Awning
  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of January 2021

unit A is month to monthunit B has a lease $1400.FOR A MONTHLY$1250 FOR B MONTHLY

Last Agent to Sell the Property

Daniel Biggs

Illustrated Properties LLC (We License #381029 Listed on: 06/30/2020

Illustrated Properties LLC (We

Last Buyer's Agent

Lisandra Montoya

Partnership Realty Inc. License #3457095

Partnership Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,125

Year Built

  • Built in 1956

Lot Details

  • 4,750 Sq Ft Lot

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 1,726 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Ceramic Tile Flooring

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • The lake is a source of water for the property
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434415160130090

Community Details

Overview

  • 2 Units
  • North Lake Worth Subdivision

Building Details

  • Operating Expense $7,200
  • Net Operating Income $24,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,125

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: FEDERAL HWY NORTH of 13TH ave
  • Year Built: 1956
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1726.0

Exterior Features

  • Exterior Features: Porch, Patio, Awning(s)
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 38434415160130090
  • Lot Size Sq Ft: 4750.0
  • Zoning Description: PO/MF-
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 24600.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 7200.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4125.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2024
Sold by
Montoya Omar and Montoya Lisandra A
Bought by
Ontoya Oma
Current Estimated Value
$689,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,000
Outstanding Balance
$532,615
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
$198,800

Purchase Details

Listed on
Jun 30, 2020
Closed on
Jan 5, 2021
Sold by
Soderqvist Erik A
Bought by
Montoya Omar and Mischenco Lisandra G
Seller's Agent
Daniel Biggs
Illustrated Properties LLC (We
Buyer's Agent
Lisandra Montoya
Partnership Realty Inc.
List Price
$310,000
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.86%
Original Mortgage
$310,000
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Closed on
Aug 9, 2002
Sold by
Lassandro Keith and Lassandro Linda
Bought by
Soderqvist Bengt O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 1995
Sold by
Aadland Alice H
Bought by
Lassandro Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
7.48%
Mortgage Type
New Conventional
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
Ontoya Oma -- Integrity Land Title
Montoya Omar $310,000 Attorney
Soderqvist Bengt O $145,000 Palm Beach Land Title Corp
Lassandro Keith $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ontoya Oma $539,000
Previous Owner Montoya Omar $14,511
Previous Owner Montoya Omar $310,000
Previous Owner Soderqvist Bengt O $101,500
Previous Owner Lassandro Keith $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $310,000 0.0% $180 / Sq Ft
12/06/2020 12/06/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $310,000 0.0% $180 / Sq Ft
09/03/2013 09/03/13 For Rent $1,150 0.0% --
09/03/2013 09/03/13 Rented $1,150 -- --
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 $5,237 $218,464 -- --
2023 $4,558 $204,909 $0 $0
2022 $4,125 $192,403 $0 $0
2021 $4,702 $173,143 $42,750 $130,393
2020 $4,356 $154,662 $42,750 $111,912
2019 $4,127 $151,575 $39,663 $111,912
2018 $3,642 $121,604 $38,523 $83,081
2017 $3,643 $121,106 $36,670 $84,436
2016 $3,568 $119,349 $0 $0
2015 $3,601 $117,686 $0 $0
2014 $3,442 $108,669 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Daniel Biggs

    Illustrated Properties LLC (We

    (561) 389-3521

    1 in this area

    23 Total Sales

    Daniel Biggs
    Section Image

  • L

    Buyer's Agent in 2021

    Lisandra Montoya

    Partnership Realty Inc.

    (561) 255-7215

    1 in this area

    4 Total Sales

    Lisandra Montoya
    Section Image

  • S

    Seller's Agent in 2013

    Sandy Isabell

    Isabell Realty & Mgmt Co.

    (561) 346-8229

    2 Total Sales

    Sandy Isabell
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10634974

BeachesMLS

APN: 38-43-44-15-16-013-0090

Florida Palm Beach County Lake Worth 33460 Eden Place

1331 N Federal Hwy Unit 1, Lake Worth, FL

This home is located at 1331 N Federal Hwy Unit 1, Lake Worth, FL 33460 since 30 June 2020 and is currently estimated at $689,379, approximately $399 per square foot. This property was built in 1956. 1331 N Federal Hwy Unit 1 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.

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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