NOT LISTED FOR SALE

Estimated Value: $1,774,015

-- Bed
1 Bath
-- Sq Ft
0.32 Acres

About This Home

This home is located at 1601 S Federal Hwy, Lake Worth, FL 33460 and is currently estimated at $1,774,015. 1601 S Federal Hwy is a home located in Palm Beach County with nearby schools including Barton Elementary School, Lake Worth High School, and Lantana Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Palm And Sun Llc
Bought by
Lake Worth Elite Llc
Current Estimated Value
$1,774,015

Purchase Details

Closed on
Oct 23, 2018
Sold by
Front Row Real Estate Llc
Bought by
Palm And Sun Llc and Palm And Sun Florida Llc

Purchase Details

Closed on
Nov 25, 2014
Sold by
Coakley Joseph and Casoria Darrell
Bought by
Front Row Real Estate Llc

Purchase Details

Closed on
Aug 10, 2010
Sold by
Gaps Holdings Llc
Bought by
Coakley Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.61%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 2010
Sold by
Coba Inc
Bought by
Gaps Holdings Llc

Purchase Details

Closed on
Mar 4, 2010
Sold by
Buchan John C and Buchan Karen H
Bought by
Coba 1 Inc

Purchase Details

Closed on
Sep 24, 2004
Sold by
Three Palms Motel Llc
Bought by
Buchan John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
5.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2002
Sold by
Davenport Sari
Bought by
Three Palms Motel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2000
Sold by
Maki and Ritva
Bought by
Maki Ritva
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lake Worth Elite Llc $1,800,000 None Listed On Document
Palm And Sun Llc $850,000 Attorney
Front Row Real Estate Llc $200,000 Attorney
Coakley Joseph $100,000 Attorney
Gaps Holdings Llc $65,000 First American Title Ins Co
Coba 1 Inc $132,600 None Available
Buchan John C $600,000 Academy Title Company
Three Palms Motel Llc $360,000 --
Maki Ritva -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palm And Sun Llc $1,174,000
Previous Owner Coakley Joseph $100,000
Previous Owner Coakley Joseph $100,000
Previous Owner Buchan John C $632,000
Previous Owner Three Palms Motel Llc $315,000
Previous Owner Three Palms Motel Llc $240,000
Closed Three Palms Motel Llc $70,000
Source: Public Records

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 $15,056 $611,325 -- --
2023 $13,808 $559,276 $0 $0
2022 $13,158 $508,433 $0 $0
2021 $12,002 $462,212 $346,500 $115,712
2020 $13,121 $507,186 $346,500 $160,686
2019 $13,119 $501,335 $330,000 $171,335
2018 $8,802 $327,693 $191,008 $136,685
2017 $8,533 $316,712 $181,913 $134,799
2016 $8,054 $300,303 $0 $0
2015 $7,598 $273,003 $0 $0
2014 $6,238 $210,959 $0 $0
Source: Public Records

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