NOT LISTED FOR SALE

1629 N J Terrace Unit 1 Lake Worth, FL 33460

Eden Place Neighborhood

Estimated Value: $491,000 - $541,000

5 Beds
3 Baths
1,942 Sq Ft
$267/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $495,000 $255 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,635/month

30 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Fenced
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

As of June 2022

A very Unique duplex with 4 bedrooms and 2 bathrooms on the first floor, a 1 bedroom 1 bath on the second floor. This property could make a great home with additional income or extended family. Located just off Dixie Hwy., and so close to shopping, and restaurants. You will feel like you're on vacation or in a movie from the second-floor patio.

Last Agent to Sell the Property

Robert D'Arinzo

LPT Realty, LLC License #566198 Listed on: 04/29/2022

LPT Realty, LLC

Last Buyer's Agent

Ashley Vance

Paradise Real Estate Intl License #3337837

Paradise Real Estate Intl

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,089

Year Built

  • Built in 1930

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Fenced
  • Sprinkler System

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,942 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 38434415160450090

Community Details

Overview

  • 2 Units
  • North Lake Worth Subdivision

Building Details

  • Operating Expense $8,300
  • Net Operating Income $23,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,089

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Dixie Hwy to 17th Ave. North go east to property on corner.
  • Year Built: 1930
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl, Wood
  • Living Area: 1942.0

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas 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 #: 38434415160450090
  • Lot Size: 50 x 100
  • Lot Size Sq Ft: 5000.0
  • Zoning Description: SF-TF-
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 23200.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 8300.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5089.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
Fatmi Naved A
Bought by
Ocean Blue Cottages Llc
Current Estimated Value
$518,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,200
Outstanding Balance
$416,621
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$115,804

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jun 29, 2022
Sold by
Wilson Alan S and Wilson Renee
Bought by
Fatmi Naved A
Seller's Agent
Robert D'Arinzo
LPT Realty, LLC
Buyer's Agent
Ashley Vance
Paradise Real Estate Intl
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%
Original Mortgage
$371,250
Interest Rate
5.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Ocean Blue Cottages Llc $524,000 Kensington Vanguard National L
Fatmi Naved A $495,000 Clear2close Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocean Blue Cottages Llc $419,200
Previous Owner Fatmi Naved A $371,250
Previous Owner Wilson Alan S $95,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2022 06/29/22 Sold $495,000 0.0% $255 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $495,000 -- $255 / 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 $9,801 $393,183 -- --
2023 $10,035 $406,421 $160,750 $245,671
2022 $5,971 $167,769 $0 $0
2021 $5,089 $237,835 $91,250 $146,585
2020 $4,844 $230,708 $88,400 $142,308
2019 $4,456 $201,719 $57,200 $144,519
2018 $4,046 $185,956 $52,788 $133,168
2017 $3,644 $147,826 $50,274 $97,552
2016 $3,527 $94,701 $0 $0
2015 $3,082 $86,092 $0 $0
2014 $2,946 $78,265 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert D'Arinzo

    Seller's Agent in 2022

    Robert D'Arinzo

    LPT Realty, LLC

    (561) 662-8370

    7 in this area

    91 Total Sales

    Robert D'Arinzo
    Section Image
  • Ashley Vance

    Buyer's Agent in 2022

    Ashley Vance

    Paradise Real Estate Intl

    (646) 265-6412

    3 in this area

    50 Total Sales

    Ashley Vance
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10795728

BeachesMLS

APN: 38-43-44-15-16-045-0090

Florida Palm Beach County Lake Worth 33460 Eden Place

1629 N J Terrace Unit 1, Lake Worth, FL

This home is located at 1629 N J Terrace Unit 1, Lake Worth, FL 33460 since 29 April 2022 and is currently estimated at $518,253, approximately $266 per square foot. This property was built in 1930. 1629 N J Terrace 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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