NOT LISTED FOR SALE

1430 Wingfield St Unit 1&2 Lake Worth, FL 33460

Whispering Palms Neighborhood

Estimated Value: $419,664 - $570,000

4 Beds
2 Baths
1,680 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $184,000 $110 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $3,173/month

30 Days on Market

Highlights

  • Water Views
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Shed

About This Home

As of July 2018

DUPLEX INVESTMENT PROPERTY, PRIDE OF OWNERSHIP. VALUE ADD!!! WAY BELOW MARKET RENTS!! ONE SIDE (#1) 2 BR 1 BATH AND THE OTHER SIDE (#2) 2 BR 1 BATH. CURRENTLY RENTED BY TWO TENANTS THAT BEEN AT THE PROPERTY FOR MANY YEARS AND WOULD LIKE TO CONTINUE PER LEASE. THE DUPLEX HAS BEEN MANAGED AND VERY WELL MAINTAINED BY OWNER. BOTH UNITS HAVE SEPERATE WASHROOMS OFF BACK WITH VERY LARGE STORAGE STRUCTURE. CURRENT RENTS ARE BELOW MARKET. NO HOA OR RESTRICTIONS FOR RENTERS. GREAT INCOME PRODUCING PROPERTY. THERE IS VERY LARGE DEMAND FOR RENTAL IN THE AREA. MUST SEE FOR INVESTORS.

Last Agent to Sell the Property

Max Prestianni

Towne & Country Real Estate, LLC License #3033361 Listed on: 05/02/2018

Last Buyer's Agent

Amir Scandarion

Highlight Realty Corp/LW License #3312416

Highlight Realty Corp/LW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,641

Year Built

  • Built in 1975

Lot Details

  • 6,750

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Water Views

Flooring

  • Carpet
  • Ceramic Tile

Additional Features

  • Shed
  • 6,750 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 38434427010700010

Community Details

Overview

  • 2 Units
  • Lake Worth Town Of Add 1 Subdivision

Building Details

  • Operating Expense $5,800
  • Net Operating Income $13,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,641

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Dixie west on
  • Year Built: 1975
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1680.0

Exterior Features

  • Exterior Features: Shed
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434427010700010
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: SF-TF-
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 13100.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 5800.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2641.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Jul 2, 2018
Sold by
Harvest Home Fund Llc
Bought by
Ramo Investments 2018 Llc
Seller's Agent
Max Prestianni
Towne & Country Real Estate, LLC
Buyer's Agent
Amir Scandarion
Highlight Realty Corp/LW
List Price
$210,000
Sold Price
$184,000
Premium/Discount to List
-$26,000
-12.38%
Total Days on Market
30
Current Estimated Value
$493,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,416
Avg. Annual Appreciation
17.18%

Purchase Details

Closed on
Nov 5, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Harvest Home Fund Llc

Purchase Details

Closed on
Oct 22, 2009
Sold by
Wachovia Mortgage Corporation
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Sep 3, 2009
Sold by
Henry Scott
Bought by
Wachovia Mortgage Corporation

Purchase Details

Closed on
Apr 26, 2001
Sold by
Of New Yo Bank I
Bought by
Henry Scott

Purchase Details

Closed on
Apr 24, 2001
Sold by
New York 10286 Corp Trust C
Bought by
Henry Scott

Purchase Details

Closed on
Sep 12, 2000
Sold by
Clerk Of The Court
Bought by
Bank Of New York

Purchase Details

Closed on
Nov 14, 1995
Sold by
Clerk Of The Court
Bought by
Meade Frank
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
Ramo Investments 2018 Llc $184,000 Independence Title Insurance
Harvest Home Fund Llc $69,000 New House Title Llc
Federal Home Loan Mortgage Corp -- Attorney
Wachovia Mortgage Corporation -- None Available
Henry Scott $65,900 --
Henry Scott $65,900 --
Bank Of New York $3,100 --
Meade Frank $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harvest Home Fund Llc $568,750
Previous Owner Henry Scott $227,500
Previous Owner Henry Scott $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2018 07/02/18 Sold $184,000 -12.4% $110 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $210,000 -- $125 / 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 $6,648 $239,824 -- --
2023 $6,256 $218,022 $0 $0
2022 $5,750 $198,202 $0 $0
2021 $5,132 $191,564 $48,000 $143,564
2020 $4,711 $165,902 $48,000 $117,902
2019 $4,359 $148,913 $40,000 $108,913
2018 $2,843 $122,415 $37,260 $85,155
2017 $2,641 $104,782 $32,400 $72,382
2016 $2,407 $60,642 $0 $0
2015 $2,389 $55,129 $0 $0
2014 $2,192 $50,117 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Max Prestianni

    Seller's Agent in 2018

    Max Prestianni

    Towne & Country Real Estate, LLC

    (561) 504-8280

    6 Total Sales

    Max Prestianni
    Section Image

  • A

    Buyer's Agent in 2018

    Amir Scandarion

    Highlight Realty Corp/LW

    (561) 702-2126

    1 in this area

    27 Total Sales

    Amir Scandarion
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10428229

BeachesMLS

APN: 38-43-44-27-01-070-0010

Florida Palm Beach County Lake Worth 33460 Whispering Palms

1430 Wingfield St Unit 1&2, Lake Worth, FL

This home is located at 1430 Wingfield St Unit 1&2, Lake Worth, FL 33460 since 02 May 2018 and is currently estimated at $493,416, approximately $293 per square foot. This property was built in 1975. 1430 Wingfield St Unit 1&2 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.

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