NOT LISTED FOR SALE

1602 N J St Unit 1,2,3 Lake Worth, FL 33460

Eden Place Neighborhood

Estimated Value: $748,000 - $784,000

6 Beds
3 Baths
2,115 Sq Ft
$362/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $500,000 $236 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,142/month

99 Days on Market

Highlights

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

About This Home

As of November 2021

Beautiful Income Property. 5 minutes from Lake Worth Golf Course. 10 Minutes from Lake Worth Beach. Three awesome units. One is occupied on a month to month. (no lease)New virtual tour has been added.

Last Agent to Sell the Property

Melissa Jones

Keller Williams Realty Jupiter License #3401749 Listed on: 07/03/2021

Last Buyer's Agent

L M Claycomb-Beems

Silverleaf Realty Group License #3317859

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,100

Year Built

  • Built in 1970

Lot Details

  • 5,009

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,115 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Water Views

Flooring

  • Carpet
  • Ceramic Tile

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434415160400010

Community Details

Overview

  • 3 Units
  • North Lake Worth Subdivision

Building Details

  • Operating Expense $16,011
  • Net Operating Income $19,989

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,100

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: 10th Ave N to Dixie Hwy , Right to N ''J'' Street. Property is on left
  • Year Built: 1970
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2115.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Patio
  • View: Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 38434415160400010
  • Lot Size: 0
  • Zoning Description: Sftf14

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 19989.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 16011.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2021
Closed on
Nov 10, 2021
Sold by
Compton Penelop and Compton David
Bought by
Cardona Luis Fernando
Seller's Agent
Melissa Jones
Keller Williams Realty Jupiter
Buyer's Agent
L M Claycomb-Beems
Silverleaf Realty Group
List Price
$600,000
Sold Price
$500,000
Premium/Discount to List
-$100,000
-16.67%
Current Estimated Value
$766,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,500
Avg. Annual Appreciation
7.81%
Original Mortgage
$50,000
Outstanding Balance
$46,579
Interest Rate
2.99%
Mortgage Type
Balloon
Estimated Equity
$619,707

Purchase Details

Closed on
Feb 21, 2019
Sold by
Compton Penelope
Bought by
Compton Penelope

Purchase Details

Closed on
May 12, 2010
Sold by
Ovaska Carole J
Bought by
Compton David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2010
Sold by
Ireland Eileen
Bought by
Compton David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2007
Sold by
Ireland Eileen
Bought by
Ireland Eileen
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
Cardona Luis Fernando $500,000 Patch Reef Title Company
Compton Penelope -- Attorney
Compton David L -- Attorney
Compton David L $95,000 Attorney
Ireland Eileen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardona Luis Fernando $50,000
Previous Owner Compton David L $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $500,000 -16.7% $236 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $600,000 -- $284 / 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 $11,980 $474,065 -- --
2023 $12,206 $480,999 $0 $0
2022 $11,185 $437,272 $0 $0
2021 $5,978 $269,049 $91,250 $177,799
2020 $6,010 $305,297 $132,600 $172,697
2019 $5,486 $261,277 $85,800 $175,477
2018 $4,810 $214,689 $79,182 $135,507
2017 $4,388 $175,004 $75,411 $99,593
2016 $2,452 $107,907 $0 $0
2015 $3,758 $98,097 $0 $0
2014 $3,591 $89,179 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Melissa Jones

    Keller Williams Realty Jupiter

  • L

    Buyer's Agent in 2021

    L M Claycomb-Beems

    Silverleaf Realty Group

    (561) 719-2357

    2 in this area

    21 Total Sales

    L M Claycomb-Beems
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Map

Source: BeachesMLS

MLS Number: R10728619

BeachesMLS

APN: 38-43-44-15-16-040-0010

Florida Palm Beach County Lake Worth 33460 Eden Place

1602 N J St Unit 1,2,3, Lake Worth, FL

This home is located at 1602 N J St Unit 1,2,3, Lake Worth, FL 33460 since 03 July 2021 and is currently estimated at $766,500, approximately $362 per square foot. This property was built in 1970. 1602 N J St Unit 1,2,3 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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